A7B: what changed
A7B
Largest movements
- Financial fixed assets +€716,466
up €716,466 (+77.1%), from €928,683 to €1.6m
- Receivables within one year -€357,762
down €357,762 (-26.9%), from €1.3m to €974,671
of which Other amounts receivable: -€345,053
- Cash +€49,754
up €49,754 (+375%), from €13,275 to €63,029
mainly Receivables within one year (+€357,762) and Net result for the year (+€167,586)
- Reserves +€167,586
up €167,586 (+10.6%), from €1.6m to €1.7m
of which Distributable reserves: +€167,586
- Current portion of long-term debt +€111,954
up €111,954 (+616%), from €18,186 to €130,140
- Other debts +€105,386
up €105,386 (+59.9%), from €175,814 to €281,201
- Financial income -€119,277
down €119,277 (-36.7%), from €325,180 to €205,903
- Financial charges +€26,321
up €26,321 (+520%), from €5,060 to €31,381
- Gross operating margin +€25,468
up €25,468, from -€5,022 to €20,446
- Taxes -€6,915
down €6,915 (-29.5%), from €23,447 to €16,532
- Depreciation +€1,956
up €1,956 (+22.0%), from €8,893 to €10,850
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,320,109 | €2,717,895 | +€397,786 | +17.1% |
| Fixed assets | 21/28 | €974,038 | €1,679,654 | +€705,616 | +72.4% |
| Tangible fixed assets | 22/27 | €45,355 | €34,505 | -€10,850 | -23.9% |
| Furniture and vehicles | 24 | €45,355 | €34,505 | -€10,850 | -23.9% |
| Financial fixed assets | 28 | €928,683 | €1,645,149 | +€716,466 | +77.1% |
| Current assets | 29/58 | €1,346,071 | €1,038,241 | -€307,830 | -22.9% |
| Amounts receivable within one year | 40/41 | €1,332,432 | €974,671 | -€357,762 | -26.9% |
| Trade receivables | 40 | €17,467 | €4,758 | -€12,709 | -72.8% |
| Other amounts receivable | 41 | €1,314,966 | €969,913 | -€345,053 | -26.2% |
| Cash at bank and in hand | 54/58 | €13,275 | €63,029 | +€49,754 | +375% |
| Deferred charges and accrued income | 490/1 | €364 | €542 | +€178 | +49.0% |
| Total equity and liabilities | 10/49 | €2,320,109 | €2,717,895 | +€397,786 | +17.1% |
| Equity | 10/15 | €2,063,220 | €2,230,807 | +€167,586 | +8.1% |
| Contributions | 10/11 | €480,900 | €480,900 | = | 0.0% |
| Reserves | 13 | €1,582,320 | €1,749,907 | +€167,586 | +10.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,582,320 | €1,749,907 | +€167,586 | +10.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €256,888 | €487,088 | +€230,200 | +89.6% |
| Amounts payable after more than one year | 17 | €36,693 | €49,299 | +€12,605 | +34.4% |
| Financial debts | 170/4 | €36,693 | €49,299 | +€12,605 | +34.4% |
| Amounts payable within one year | 42/48 | €219,711 | €434,223 | +€214,512 | +97.6% |
| Current portion of amounts payable after more than one year | 42 | €18,186 | €130,140 | +€111,954 | +616% |
| Trade debts | 44 | €2,856 | €6,316 | +€3,460 | +121% |
| Suppliers | 440/4 | €2,856 | €6,316 | +€3,460 | +121% |
| Taxes, remuneration and social security | 45 | €22,855 | €16,566 | -€6,288 | -27.5% |
| Taxes | 450/3 | €22,855 | €16,566 | -€6,288 | -27.5% |
| Other amounts payable | 47/48 | €175,814 | €281,201 | +€105,386 | +59.9% |
| Accrued charges and deferred income | 492/3 | €484 | €3,567 | +€3,083 | +637% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,893 | €10,850 | +€1,956 | +22.0% |
| Other operating charges | 640/8 | €247 | €0 | -€247 | -100% |
| Non-recurring operating charges | 66A | €13,269 | €0 | -€13,269 | -100% |
| Gross operating margin | 9900 | -€5,022 | €20,446 | +€25,468 | |
| Operating profit (loss) | 9901 | -€27,432 | €9,596 | +€37,028 | |
| Financial income | 75/76B | €325,180 | €205,903 | -€119,277 | -36.7% |
| Recurring financial income | 75 | €325,180 | €205,903 | -€119,277 | -36.7% |
| Financial charges | 65/66B | €5,060 | €31,381 | +€26,321 | +520% |
| Recurring financial charges | 65 | €5,060 | €31,381 | +€26,321 | +520% |
| Profit (loss) for the period before taxes | 9903 | €292,688 | €184,118 | -€108,570 | -37.1% |
| Income taxes | 67/77 | €23,447 | €16,532 | -€6,915 | -29.5% |
| Profit (loss) for the period | 9904 | €269,241 | €167,586 | -€101,655 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €269,241 | €167,586 | -€101,655 | -37.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.