A41: 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.
A41
Largest movements
- Cash -€18,524
down €18,524 (-95.2%), from €19,468 to €944
mainly Net result for the year (-€23,960) and Receivables within one year (-€2,518)
- Tangible fixed assets -€4,428
down €4,428 (-60.2%), from €7,358 to €2,930
of which Plant, machinery and equipment: -€2,797
- Receivables within one year +€2,518
up €2,518 (+40.7%), from €6,184 to €8,702
- Profit (loss) carried forward -€23,960
down €23,960 (-50.4%), from -€47,514 to -€71,475
- Trade debts +€2,281
up €2,281 (+62834.7%), from €4 to €2,285
- Short-term financial debts +€1,366
new in 2025: €1,366
- Gross operating margin +€10,249
up €10,249 (+35.4%), from -€28,951 to -€18,702
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 | €33,010 | €12,576 | -€20,435 | -61.9% |
| Fixed assets | 21/28 | €7,358 | €2,930 | -€4,428 | -60.2% |
| Tangible fixed assets | 22/27 | €7,358 | €2,930 | -€4,428 | -60.2% |
| Plant, machinery and equipment | 23 | €3,432 | €635 | -€2,797 | -81.5% |
| Furniture and vehicles | 24 | €258 | €0 | -€258 | -100.0% |
| Other tangible fixed assets | 26 | €3,668 | €2,294 | -€1,374 | -37.5% |
| Current assets | 29/58 | €25,652 | €9,646 | -€16,006 | -62.4% |
| Amounts receivable within one year | 40/41 | €6,184 | €8,702 | +€2,518 | +40.7% |
| Other amounts receivable | 41 | €6,184 | €8,702 | +€2,518 | +40.7% |
| Cash at bank and in hand | 54/58 | €19,468 | €944 | -€18,524 | -95.2% |
| Total equity and liabilities | 10/49 | €33,010 | €12,576 | -€20,435 | -61.9% |
| Equity | 10/15 | €32,460 | €8,500 | -€23,960 | -73.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €59,975 | €59,975 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,979 | €14,979 | = | 0.0% |
| Distributable reserves | 133 | €42,995 | €42,995 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,514 | -€71,475 | -€23,960 | -50.4% |
| Amounts payable | 17/49 | €550 | €4,075 | +€3,526 | +641.5% |
| Amounts payable within one year | 42/48 | €125 | €3,650 | +€3,526 | +2829.0% |
| Financial debts | 43 | - | €1,366 | +€1,366 | |
| Credit institutions | 430/8 | - | €1,366 | +€1,366 | |
| Trade debts | 44 | €4 | €2,285 | +€2,281 | +62834.7% |
| Suppliers | 440/4 | €4 | €2,285 | +€2,281 | +62834.7% |
| Taxes, remuneration and social security | 45 | €121 | €0 | -€121 | -100.0% |
| Taxes | 450/3 | €121 | €0 | -€121 | -100.0% |
| Accrued charges and deferred income | 492/3 | €425 | €425 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,600 | €4,428 | -€172 | -3.7% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€28,951 | -€18,702 | +€10,249 | +35.4% |
| Operating profit (loss) | 9901 | -€33,936 | -€23,518 | +€10,418 | +30.7% |
| Financial income | 75/76B | €572 | €395 | -€178 | -31.0% |
| Recurring financial income | 75 | €572 | €395 | -€178 | -31.0% |
| Financial charges | 65/66B | €600 | €837 | +€236 | +39.4% |
| Recurring financial charges | 65 | €600 | €837 | +€236 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | -€33,964 | -€23,960 | +€10,004 | +29.5% |
| Profit (loss) for the period | 9904 | -€33,964 | -€23,960 | +€10,004 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,964 | -€23,960 | +€10,004 | +29.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.