A Table etc...: what changed
Two fiscal 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 Table etc...
Largest movements
- Receivables within one year -€18,474
down €18,474 (-47.4%), from €39,012 to €20,538
of which Trade receivables: -€28,316
- Current investments +€16,001
up €16,001 (+39.9%), from €40,080 to €56,080
- Cash -€4,248
down €4,248 (-51.4%), from €8,268 to €4,020
mainly Net result for the year (-€25,993) and Current investments (-€16,001)
- Deferred charges and accrued income +€1,151
up €1,151 (+1668.1%), from €69 to €1,220
- Reserves -€25,993
down €25,993 (-55.7%), from €46,693 to €20,701
of which Distributable reserves: -€25,993
- Other debts +€18,208
up €18,208 (+67.9%), from €26,828 to €45,036
- Trade debts +€1,179
up €1,179 (+553.8%), from €213 to €1,392
- Gross operating margin -€49,956
down €49,956 (-97.3%), from €51,341 to €1,384
- Write-downs +€24,722
new in 2025: €24,722
- Taxes -€11,974
down €11,974, from €11,267 to -€707
- Other operating charges -€11,862
down €11,862 (-87.0%), from €13,636 to €1,774
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.
Cash bridge derived
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 | €90,602 | €84,409 | -€6,193 | -6.8% |
| Fixed assets | 21/28 | €3,174 | €2,552 | -€622 | -19.6% |
| Tangible fixed assets | 22/27 | €1,674 | €1,052 | -€622 | -37.2% |
| Furniture and vehicles | 24 | €924 | €302 | -€622 | -67.3% |
| Other tangible fixed assets | 26 | €750 | €750 | = | 0.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €87,428 | €81,858 | -€5,570 | -6.4% |
| Amounts receivable within one year | 40/41 | €39,012 | €20,538 | -€18,474 | -47.4% |
| Trade receivables | 40 | €33,507 | €5,192 | -€28,316 | -84.5% |
| Other amounts receivable | 41 | €5,505 | €15,346 | +€9,841 | +178.8% |
| Current investments | 50/53 | €40,080 | €56,080 | +€16,001 | +39.9% |
| Cash at bank and in hand | 54/58 | €8,268 | €4,020 | -€4,248 | -51.4% |
| Deferred charges and accrued income | 490/1 | €69 | €1,220 | +€1,151 | +1668.1% |
| Total equity and liabilities | 10/49 | €90,602 | €84,409 | -€6,193 | -6.8% |
| Equity | 10/15 | €58,820 | €33,210 | -€25,610 | -43.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Revaluation surpluses | 12 | €5,126 | €5,509 | +€383 | +7.5% |
| Reserves | 13 | €46,693 | €20,701 | -€25,993 | -55.7% |
| Non-distributable reserves | 130/1 | €1,039 | €1,039 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,039 | €1,039 | = | 0.0% |
| Distributable reserves | 133 | €45,654 | €19,662 | -€25,993 | -56.9% |
| Amounts payable | 17/49 | €31,782 | €51,200 | +€19,418 | +61.1% |
| Amounts payable within one year | 42/48 | €31,782 | €51,200 | +€19,418 | +61.1% |
| Current portion of amounts payable after more than one year | 42 | €4,742 | €4,772 | +€30 | +0.6% |
| Trade debts | 44 | €213 | €1,392 | +€1,179 | +553.8% |
| Suppliers | 440/4 | €213 | €1,392 | +€1,179 | +553.8% |
| Other amounts payable | 47/48 | €26,828 | €45,036 | +€18,208 | +67.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,118 | €622 | -€496 | -44.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24,722 | +€24,722 | |
| Other operating charges | 640/8 | €13,636 | €1,774 | -€11,862 | -87.0% |
| Gross operating margin | 9900 | €51,341 | €1,384 | -€49,956 | -97.3% |
| Operating profit (loss) | 9901 | €36,586 | -€25,734 | -€62,320 | |
| Financial income | 75/76B | €1,042 | €796 | -€246 | -23.6% |
| Recurring financial income | 75 | €1,042 | €796 | -€246 | -23.6% |
| Financial charges | 65/66B | €1,604 | €1,762 | +€158 | +9.8% |
| Recurring financial charges | 65 | €1,604 | €1,762 | +€158 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €36,024 | -€26,699 | -€62,724 | |
| Income taxes | 67/77 | €11,267 | -€707 | -€11,974 | |
| Profit (loss) for the period | 9904 | €24,758 | -€25,993 | -€50,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,758 | -€25,993 | -€50,750 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.