ACCOUNTING SOLUTIONS: 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.
ACCOUNTING SOLUTIONS
Largest movements
- Current investments +€122,389
up €122,389 (+32.2%), from €380,390 to €502,779
- Cash -€20,911
down €20,911 (-39.7%), from €52,680 to €31,769
mainly Current investments (-€122,389) and Trade debts (-€2,313)
- Receivables within one year -€14,236
down €14,236 (-95.5%), from €14,908 to €672
- Deferred charges and accrued income -€5,760
down €5,760 (-100%), from €5,760 to €0
- Reserves +€81,153
up €81,153 (+18.8%), from €431,695 to €512,848
of which Distributable reserves: +€81,153
- Gross operating margin +€14,390
up €14,390 (+14.9%), from €96,280 to €110,670
- Taxes +€3,809
up €3,809 (+13.0%), from €29,231 to €33,041
- Financial income -€3,250
down €3,250 (-22.1%), from €14,713 to €11,463
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 | €471,525 | €548,673 | +€77,148 | +16.4% |
| Fixed assets | 21/28 | €17,787 | €13,453 | -€4,334 | -24.4% |
| Tangible fixed assets | 22/27 | €17,762 | €13,428 | -€4,334 | -24.4% |
| Plant, machinery and equipment | 23 | €1,832 | €2,808 | +€976 | +53.3% |
| Leasing and similar rights | 25 | €15,930 | €10,620 | -€5,310 | -33.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €453,738 | €535,220 | +€81,482 | +18.0% |
| Amounts receivable within one year | 40/41 | €14,908 | €672 | -€14,236 | -95.5% |
| Trade receivables | 40 | €14,908 | €672 | -€14,236 | -95.5% |
| Current investments | 50/53 | €380,390 | €502,779 | +€122,389 | +32.2% |
| Cash at bank and in hand | 54/58 | €52,680 | €31,769 | -€20,911 | -39.7% |
| Deferred charges and accrued income | 490/1 | €5,760 | €0 | -€5,760 | -100% |
| Total equity and liabilities | 10/49 | €471,525 | €548,673 | +€77,148 | +16.4% |
| Equity | 10/15 | €450,320 | €531,473 | +€81,153 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €431,695 | €512,848 | +€81,153 | +18.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €431,695 | €512,848 | +€81,153 | +18.8% |
| Profit (loss) carried forward | 14 | €25 | €25 | = | 0.0% |
| Amounts payable | 17/49 | €21,206 | €17,200 | -€4,006 | -18.9% |
| Amounts payable within one year | 42/48 | €21,206 | €17,200 | -€4,006 | -18.9% |
| Trade debts | 44 | €4,331 | €2,018 | -€2,313 | -53.4% |
| Suppliers | 440/4 | €4,331 | €2,018 | -€2,313 | -53.4% |
| Taxes, remuneration and social security | 45 | €11,759 | €12,090 | +€331 | +2.8% |
| Taxes | 450/3 | €11,759 | €12,090 | +€331 | +2.8% |
| Other amounts payable | 47/48 | €5,116 | €3,091 | -€2,024 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,378 | €6,030 | +€652 | +12.1% |
| Other operating charges | 640/8 | €1,751 | €1,808 | +€57 | +3.3% |
| Gross operating margin | 9900 | €96,280 | €110,670 | +€14,390 | +14.9% |
| Operating profit (loss) | 9901 | €89,152 | €102,832 | +€13,680 | +15.3% |
| Financial income | 75/76B | €14,713 | €11,463 | -€3,250 | -22.1% |
| Recurring financial income | 75 | €14,713 | €11,463 | -€3,250 | -22.1% |
| Financial charges | 65/66B | €127 | €101 | -€26 | -20.7% |
| Recurring financial charges | 65 | €127 | €101 | -€26 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €103,738 | €114,194 | +€10,457 | +10.1% |
| Income taxes | 67/77 | €29,231 | €33,041 | +€3,809 | +13.0% |
| Profit (loss) for the period | 9904 | €74,506 | €81,153 | +€6,647 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €74,506 | €81,153 | +€6,647 | +8.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.