Acht: 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.
Acht
Largest movements
- Tangible fixed assets -€24,299
down €24,299 (-34.2%), from €71,106 to €46,807
of which Furniture and vehicles: -€22,957
- Receivables within one year +€19,732
up €19,732 (+61.7%), from €32,000 to €51,732
of which Other amounts receivable: +€42,900
- Cash -€3,102
down €3,102 (-26.5%), from €11,709 to €8,607
mainly Receivables within one year (-€19,732) and Other debts (-€17,075)
- Reserves +€20,139
up €20,139 (+11.8%), from €170,742 to €190,881
of which Distributable reserves: +€20,139
- Other debts -€17,075
down €17,075 (-37.8%), from €45,153 to €28,078
- Current portion of long-term debt -€15,572
down €15,572 (-100.0%), from €15,572 to €0
- Tax, wage and social debts +€6,783
up €6,783 (+247.5%), from €2,740 to €9,523
- Gross operating margin -€3,750
down €3,750 (-7.0%), from €53,208 to €49,457
- Taxes +€1,976
up €1,976 (+651.2%), from €303 to €2,279
- Other operating charges -€826
down €826 (-37.7%), from €2,191 to €1,365
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 | €242,833 | €235,712 | -€7,121 | -2.9% |
| Fixed assets | 21/28 | €153,136 | €128,837 | -€24,299 | -15.9% |
| Tangible fixed assets | 22/27 | €71,106 | €46,807 | -€24,299 | -34.2% |
| Land and buildings | 22 | €10,826 | €9,484 | -€1,342 | -12.4% |
| Furniture and vehicles | 24 | €60,280 | €37,323 | -€22,957 | -38.1% |
| Financial fixed assets | 28 | €82,030 | €82,030 | = | 0.0% |
| Current assets | 29/58 | €89,697 | €106,875 | +€17,178 | +19.2% |
| Stocks and contracts in progress | 3 | €43,686 | €43,686 | = | 0.0% |
| Stocks | 30/36 | €43,686 | €43,686 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,000 | €51,732 | +€19,732 | +61.7% |
| Trade receivables | 40 | €32,000 | €8,832 | -€23,168 | -72.4% |
| Other amounts receivable | 41 | €0 | €42,900 | +€42,900 | +12617547.1% |
| Cash at bank and in hand | 54/58 | €11,709 | €8,607 | -€3,102 | -26.5% |
| Deferred charges and accrued income | 490/1 | €2,302 | €2,850 | +€548 | +23.8% |
| Total equity and liabilities | 10/49 | €242,833 | €235,712 | -€7,121 | -2.9% |
| Equity | 10/15 | €176,942 | €197,081 | +€20,139 | +11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €170,742 | €190,881 | +€20,139 | +11.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €170,742 | €190,881 | +€20,139 | +11.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €65,891 | €38,631 | -€27,260 | -41.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €65,891 | €38,631 | -€27,260 | -41.4% |
| Current portion of amounts payable after more than one year | 42 | €15,572 | €0 | -€15,572 | -100.0% |
| Trade debts | 44 | €2,426 | €1,030 | -€1,396 | -57.5% |
| Suppliers | 440/4 | €2,426 | €1,030 | -€1,396 | -57.5% |
| Taxes, remuneration and social security | 45 | €2,740 | €9,523 | +€6,783 | +247.5% |
| Taxes | 450/3 | €2,740 | €9,523 | +€6,783 | +247.5% |
| Other amounts payable | 47/48 | €45,153 | €28,078 | -€17,075 | -37.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €38,200 | €0 | -€38,200 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,382 | €24,299 | -€82 | -0.3% |
| Other operating charges | 640/8 | €2,191 | €1,365 | -€826 | -37.7% |
| Gross operating margin | 9900 | €53,208 | €49,457 | -€3,750 | -7.0% |
| Operating profit (loss) | 9901 | €26,635 | €23,793 | -€2,842 | -10.7% |
| Financial income | 75/76B | €0 | €506 | +€505 | +126280.0% |
| Recurring financial income | 75 | €0 | €506 | +€505 | +126280.0% |
| Financial charges | 65/66B | €2,208 | €1,880 | -€328 | -14.8% |
| Recurring financial charges | 65 | €2,208 | €1,880 | -€328 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €24,427 | €22,418 | -€2,009 | -8.2% |
| Income taxes | 67/77 | €303 | €2,279 | +€1,976 | +651.2% |
| Profit (loss) for the period | 9904 | €24,124 | €20,139 | -€3,985 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,124 | €20,139 | -€3,985 | -16.5% |
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 5 October 2026 via checked.be.