ADVICE: 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.
ADVICE
Largest movements
- Tangible fixed assets -€16,458
down €16,458 (-10.1%), from €163,522 to €147,063
of which Land and buildings: -€15,849
- Cash +€7,686
up €7,686 (+225.9%), from €3,403 to €11,089
mainly Depreciation (+€16,458) and Trade debts (+€98)
- Profit (loss) carried forward -€4,715
down €4,715 (-16.1%), from -€29,336 to -€34,052
- Reserves -€1,784
down €1,784 (-11.3%), from €15,786 to €14,002
- Gross operating margin +€3,409
up €3,409 (+37.5%), from €9,100 to €12,509
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 | €169,540 | €160,796 | -€8,744 | -5.2% |
| Fixed assets | 21/28 | €163,522 | €147,063 | -€16,458 | -10.1% |
| Tangible fixed assets | 22/27 | €163,522 | €147,063 | -€16,458 | -10.1% |
| Land and buildings | 22 | €162,511 | €146,662 | -€15,849 | -9.8% |
| Plant, machinery and equipment | 23 | €1,011 | €401 | -€610 | -60.3% |
| Current assets | 29/58 | €6,018 | €13,733 | +€7,715 | +128.2% |
| Amounts receivable within one year | 40/41 | €766 | €765 | -€1 | -0.1% |
| Trade receivables | 40 | €757 | €757 | = | 0.0% |
| Other amounts receivable | 41 | €9 | €8 | -€1 | -6.7% |
| Cash at bank and in hand | 54/58 | €3,403 | €11,089 | +€7,686 | +225.9% |
| Deferred charges and accrued income | 490/1 | €1,850 | €1,879 | +€29 | +1.6% |
| Total equity and liabilities | 10/49 | €169,540 | €160,796 | -€8,744 | -5.2% |
| Equity | 10/15 | €115,364 | €108,864 | -€6,500 | -5.6% |
| Contributions | 10/11 | €128,914 | €128,914 | = | 0.0% |
| Reserves | 13 | €15,786 | €14,002 | -€1,784 | -11.3% |
| Tax-exempt reserves | 132 | €15,786 | €14,002 | -€1,784 | -11.3% |
| Profit (loss) carried forward | 14 | -€29,336 | -€34,052 | -€4,715 | -16.1% |
| Provisions and deferred taxes | 16 | €4,014 | €3,249 | -€765 | -19.1% |
| Deferred taxes | 168 | €4,014 | €3,249 | -€765 | -19.1% |
| Amounts payable | 17/49 | €50,162 | €48,682 | -€1,479 | -2.9% |
| Amounts payable within one year | 42/48 | €48,923 | €47,389 | -€1,535 | -3.1% |
| Trade debts | 44 | - | €98 | +€98 | |
| Suppliers | 440/4 | - | €98 | +€98 | |
| Other amounts payable | 47/48 | €48,923 | €47,291 | -€1,633 | -3.3% |
| Accrued charges and deferred income | 492/3 | €1,238 | €1,294 | +€55 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,458 | €16,458 | = | 0.0% |
| Other operating charges | 640/8 | €3,118 | €3,192 | +€74 | +2.4% |
| Gross operating margin | 9900 | €9,100 | €12,509 | +€3,409 | +37.5% |
| Operating profit (loss) | 9901 | -€10,477 | -€7,141 | +€3,335 | +31.8% |
| Financial income | 75/76B | €29 | €27 | -€2 | -6.7% |
| Recurring financial income | 75 | €29 | €27 | -€2 | -6.7% |
| Financial charges | 65/66B | €128 | €150 | +€23 | +17.6% |
| Recurring financial charges | 65 | €128 | €150 | +€23 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,575 | -€7,264 | +€3,311 | +31.3% |
| Transfer from deferred taxes | 780 | €765 | €765 | = | 0.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€9,810 | -€6,500 | +€3,311 | +33.7% |
| Transfer from tax-exempt reserves | 789 | €1,784 | €1,784 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,026 | -€4,715 | +€3,311 | +41.2% |
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 30 September 2026 via checked.be.