A-STORY: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
A-STORY
Largest movements
- Cash +€5,012
up €5,012 (+44.2%), from €11,348 to €16,360
mainly Net result for the year (+€16,675) and Depreciation (+€1,610)
- Tangible fixed assets -€1,610
down €1,610 (-56.9%), from €2,829 to €1,219
of which Plant, machinery and equipment: -€810
- Deferred charges and accrued income -€1,568
down €1,568 (-15.3%), from €10,225 to €8,657
- Receivables within one year +€1,181
up €1,181 (+1.8%), from €65,766 to €66,947
of which Other amounts receivable: +€9,932
- Reserves +€16,675
up €16,675 (+27.3%), from €61,155 to €77,829
- Trade debts -€14,798
down €14,798 (-79.1%), from €18,713 to €3,915
- Tax, wage and social debts +€1,139
up €1,139 (+14.6%), from €7,801 to €8,939
- Gross operating margin +€12,100
up €12,100 (+94.8%), from €12,758 to €24,858
- Taxes +€3,685
up €3,685 (+89.3%), from €4,126 to €7,811
- Financial income +€489
up €489 (+22.0%), from €2,224 to €2,713
- Financial charges -€261
down €261 (-38.8%), from €671 to €410
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,168 | €93,184 | +€3,015 | +3.3% |
| Fixed assets | 21/28 | €2,829 | €1,219 | -€1,610 | -56.9% |
| Tangible fixed assets | 22/27 | €2,829 | €1,219 | -€1,610 | -56.9% |
| Plant, machinery and equipment | 23 | €1,635 | €825 | -€810 | -49.6% |
| Furniture and vehicles | 24 | €1,195 | €395 | -€800 | -67.0% |
| Current assets | 29/58 | €87,339 | €91,964 | +€4,625 | +5.3% |
| Amounts receivable within one year | 40/41 | €65,766 | €66,947 | +€1,181 | +1.8% |
| Trade receivables | 40 | €26,032 | €17,281 | -€8,751 | -33.6% |
| Other amounts receivable | 41 | €39,733 | €49,665 | +€9,932 | +25.0% |
| Cash at bank and in hand | 54/58 | €11,348 | €16,360 | +€5,012 | +44.2% |
| Deferred charges and accrued income | 490/1 | €10,225 | €8,657 | -€1,568 | -15.3% |
| Total equity and liabilities | 10/49 | €90,168 | €93,184 | +€3,015 | +3.3% |
| Equity | 10/15 | €63,655 | €80,329 | +€16,675 | +26.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €61,155 | €77,829 | +€16,675 | +27.3% |
| Distributable reserves | 133 | €61,155 | €77,829 | +€16,675 | +27.3% |
| Amounts payable | 17/49 | €26,514 | €12,854 | -€13,659 | -51.5% |
| Amounts payable within one year | 42/48 | €26,514 | €12,854 | -€13,659 | -51.5% |
| Trade debts | 44 | €18,713 | €3,915 | -€14,798 | -79.1% |
| Suppliers | 440/4 | €18,713 | €3,915 | -€14,798 | -79.1% |
| Taxes, remuneration and social security | 45 | €7,801 | €8,939 | +€1,139 | +14.6% |
| Taxes | 450/3 | €7,801 | €8,939 | +€1,139 | +14.6% |
| Non-recurring operating income | 76A | €1,724 | - | -€1,724 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,767 | €1,610 | -€157 | -8.9% |
| Other operating charges | 640/8 | €784 | €801 | +€17 | +2.2% |
| Non-recurring operating charges | 66A | €305 | €264 | -€41 | -13.3% |
| Gross operating margin | 9900 | €12,758 | €24,858 | +€12,100 | +94.8% |
| Operating profit (loss) | 9901 | €9,902 | €22,183 | +€12,280 | +124% |
| Financial income | 75/76B | €2,224 | €2,713 | +€489 | +22.0% |
| Recurring financial income | 75 | €2,224 | €2,713 | +€489 | +22.0% |
| Financial charges | 65/66B | €671 | €410 | -€261 | -38.8% |
| Recurring financial charges | 65 | €671 | €410 | -€261 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €11,455 | €24,485 | +€13,030 | +114% |
| Income taxes | 67/77 | €4,126 | €7,811 | +€3,685 | +89.3% |
| Profit (loss) for the period | 9904 | €7,329 | €16,675 | +€9,346 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €7,329 | €16,675 | +€9,346 | +128% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.