ADVICE FOR ALL: 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.
ADVICE FOR ALL
Largest movements
- Cash -€56,972
down €56,972 (-59.8%), from €95,294 to €38,322
mainly Contributions, distributions and other (-€50,000) and Investment in fixed assets (net) (-€40,871)
- Tangible fixed assets +€21,029
up €21,029 (+21.7%), from €96,777 to €117,806
of which Land and buildings: +€39,361
- Receivables within one year +€16,536
up €16,536 (+107%), from €15,469 to €32,005
of which Trade receivables: +€9,050
- Deferred charges and accrued income -€4,250
down €4,250 (-94.2%), from €4,510 to €259
- Reserves -€34,688
down €34,688 (-51.5%), from €67,387 to €32,699
of which Distributable reserves: -€34,688
- Other debts +€20,193
up €20,193 (+28.8%), from €70,228 to €90,421
- Debts after one year -€7,964
down €7,964 (-29.5%), from €27,008 to €19,043
- Gross operating margin -€35,779
down €35,779 (-41.5%), from €86,131 to €50,353
- Taxes -€9,205
down €9,205 (-68.9%), from €13,354 to €4,148
- Financial charges +€3,175
up €3,175 (+59.2%), from €5,362 to €8,537
- Depreciation +€2,982
up €2,982 (+17.7%), from €16,860 to €19,842
- Other operating charges +€2,636
up €2,636 (+283%), from €933 to €3,568
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 | €212,049 | €188,393 | -€23,657 | -11.2% |
| Fixed assets | 21/28 | €96,777 | €117,806 | +€21,029 | +21.7% |
| Tangible fixed assets | 22/27 | €96,777 | €117,806 | +€21,029 | +21.7% |
| Land and buildings | 22 | €2,373 | €41,734 | +€39,361 | +1,659% |
| Plant, machinery and equipment | 23 | €953 | €532 | -€421 | -44.2% |
| Furniture and vehicles | 24 | €43,200 | €32,416 | -€10,785 | -25.0% |
| Other tangible fixed assets | 26 | €50,251 | €43,124 | -€7,126 | -14.2% |
| Current assets | 29/58 | €115,273 | €70,587 | -€44,686 | -38.8% |
| Amounts receivable within one year | 40/41 | €15,469 | €32,005 | +€16,536 | +107% |
| Trade receivables | 40 | €14,922 | €23,972 | +€9,050 | +60.6% |
| Other amounts receivable | 41 | €547 | €8,034 | +€7,487 | +1,369% |
| Cash at bank and in hand | 54/58 | €95,294 | €38,322 | -€56,972 | -59.8% |
| Deferred charges and accrued income | 490/1 | €4,510 | €259 | -€4,250 | -94.2% |
| Total equity and liabilities | 10/49 | €212,049 | €188,393 | -€23,657 | -11.2% |
| Equity | 10/15 | €85,987 | €51,299 | -€34,688 | -40.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,387 | €32,699 | -€34,688 | -51.5% |
| Tax-exempt reserves | 132 | €191 | €191 | = | 0.0% |
| Distributable reserves | 133 | €67,196 | €32,508 | -€34,688 | -51.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €126,062 | €137,094 | +€11,031 | +8.8% |
| Amounts payable after more than one year | 17 | €27,008 | €19,043 | -€7,964 | -29.5% |
| Financial debts | 170/4 | €27,008 | €19,043 | -€7,964 | -29.5% |
| Amounts payable within one year | 42/48 | €98,858 | €116,829 | +€17,971 | +18.2% |
| Current portion of amounts payable after more than one year | 42 | €7,673 | €8,615 | +€942 | +12.3% |
| Trade debts | 44 | €11,292 | €9,676 | -€1,616 | -14.3% |
| Suppliers | 440/4 | €11,292 | €9,676 | -€1,616 | -14.3% |
| Taxes, remuneration and social security | 45 | €9,665 | €8,117 | -€1,548 | -16.0% |
| Taxes | 450/3 | €9,665 | €8,117 | -€1,548 | -16.0% |
| Other amounts payable | 47/48 | €70,228 | €90,421 | +€20,193 | +28.8% |
| Accrued charges and deferred income | 492/3 | €197 | €1,222 | +€1,025 | +521% |
| Non-recurring operating income | 76A | €4,525 | €0 | -€4,525 | -100% |
| Remuneration, social security and pensions | 62 | €84 | €0 | -€84 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,860 | €19,842 | +€2,982 | +17.7% |
| Other operating charges | 640/8 | €933 | €3,568 | +€2,636 | +283% |
| Gross operating margin | 9900 | €86,131 | €50,353 | -€35,779 | -41.5% |
| Operating profit (loss) | 9901 | €68,255 | €26,942 | -€41,312 | -60.5% |
| Financial income | 75/76B | €78 | €1,055 | +€977 | +1,259% |
| Recurring financial income | 75 | €78 | €1,055 | +€977 | +1,259% |
| Financial charges | 65/66B | €5,362 | €8,537 | +€3,175 | +59.2% |
| Recurring financial charges | 65 | €5,362 | €8,537 | +€3,175 | +59.2% |
| Profit (loss) for the period before taxes | 9903 | €62,970 | €19,461 | -€43,510 | -69.1% |
| Income taxes | 67/77 | €13,354 | €4,148 | -€9,205 | -68.9% |
| Profit (loss) for the period | 9904 | €49,617 | €15,312 | -€34,305 | -69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,617 | €15,312 | -€34,305 | -69.1% |
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 27 October 2026 via checked.be.