ADD MANAGEMENT: 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.
ADD MANAGEMENT
Largest movements
- Receivables within one year +€36,247
up €36,247 (+16.7%), from €217,056 to €253,303
- Cash -€4,037
down €4,037 (-84.8%), from €4,762 to €726
mainly Receivables within one year (-€36,247)
- Reserves +€32,000
up €32,000 (+15.9%), from €201,360 to €233,360
of which Distributable reserves: +€32,000
- Financial income +€3,544
up €3,544 (+9.9%), from €35,682 to €39,225
- Gross operating margin -€1,222
down €1,222 (-36.7%), from -€3,325 to -€4,547
- Taxes +€206
up €206 (+10.2%), from €2,016 to €2,223
- Other operating charges +€203
up €203 (+45.0%), from €451 to €655
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 | €231,738 | €263,948 | +€32,210 | +13.9% |
| Fixed assets | 21/28 | €9,919 | €9,919 | = | 0.0% |
| Financial fixed assets | 28 | €9,919 | €9,919 | = | 0.0% |
| Current assets | 29/58 | €221,819 | €254,029 | +€32,210 | +14.5% |
| Amounts receivable within one year | 40/41 | €217,056 | €253,303 | +€36,247 | +16.7% |
| Other amounts receivable | 41 | €217,056 | €253,303 | +€36,247 | +16.7% |
| Cash at bank and in hand | 54/58 | €4,762 | €726 | -€4,037 | -84.8% |
| Total equity and liabilities | 10/49 | €231,738 | €263,948 | +€32,210 | +13.9% |
| Equity | 10/15 | €207,947 | €239,634 | +€31,687 | +15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €201,360 | €233,360 | +€32,000 | +15.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €199,500 | €231,500 | +€32,000 | +16.0% |
| Profit (loss) carried forward | 14 | €387 | €74 | -€313 | -80.8% |
| Amounts payable | 17/49 | €23,791 | €24,314 | +€523 | +2.2% |
| Amounts payable within one year | 42/48 | €23,500 | €24,015 | +€515 | +2.2% |
| Trade debts | 44 | - | €394 | +€394 | |
| Suppliers | 440/4 | - | €394 | +€394 | |
| Other amounts payable | 47/48 | €23,500 | €23,621 | +€121 | +0.5% |
| Accrued charges and deferred income | 492/3 | €291 | €299 | +€8 | +2.8% |
| Other operating charges | 640/8 | €451 | €655 | +€203 | +45.0% |
| Gross operating margin | 9900 | -€3,325 | -€4,547 | -€1,222 | -36.7% |
| Operating profit (loss) | 9901 | -€3,776 | -€5,201 | -€1,425 | -37.7% |
| Financial income | 75/76B | €35,682 | €39,225 | +€3,544 | +9.9% |
| Recurring financial income | 75 | €35,682 | €39,225 | +€3,544 | +9.9% |
| Financial charges | 65/66B | €120 | €114 | -€6 | -4.9% |
| Recurring financial charges | 65 | €120 | €114 | -€6 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €31,786 | €33,910 | +€2,124 | +6.7% |
| Income taxes | 67/77 | €2,016 | €2,223 | +€206 | +10.2% |
| Profit (loss) for the period | 9904 | €29,769 | €31,687 | +€1,918 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,769 | €31,687 | +€1,918 | +6.4% |
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 7 October 2026 via checked.be.