ADVICE TO SOLUTION: 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 TO SOLUTION
Largest movements
- Receivables within one year +€19,253
up €19,253 (+80.2%), from €23,998 to €43,251
of which Other amounts receivable: +€18,001
- Cash +€9,539
up €9,539 (+27.0%), from €35,336 to €44,875
mainly Net result for the year (+€50,331) and Tax, wage and social debts (+€8,549)
- Reserves +€50,000
up €50,000 (+15.9%), from €314,221 to €364,221
- Current portion of long-term debt -€21,851
down €21,851 (-74.2%), from €29,445 to €7,594
- Tax, wage and social debts +€8,549
up €8,549 (+36.8%), from €23,211 to €31,760
- Trade debts -€7,693
down €7,693 (-25.7%), from €29,965 to €22,272
- Debts after one year -€7,594
no longer reported in 2025 (was €7,594)
- Gross operating margin +€19,656
up €19,656 (+42.3%), from €46,503 to €66,159
- Taxes +€7,246
up €7,246 (+50.8%), from €14,275 to €21,521
- Depreciation -€5,168
down €5,168 (-86.5%), from €5,976 to €809
- Financial charges -€1,353
down €1,353 (-41.3%), from €3,275 to €1,922
- Financial income +€1,018
up €1,018 (+12.8%), from €7,973 to €8,991
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 | €580,487 | €608,321 | +€27,834 | +4.8% |
| Fixed assets | 21/28 | €1,003 | €195 | -€809 | -80.6% |
| Tangible fixed assets | 22/27 | €1,003 | €195 | -€809 | -80.6% |
| Land and buildings | 22 | €475 | - | -€475 | |
| Plant, machinery and equipment | 23 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €528 | €195 | -€333 | -63.1% |
| Current assets | 29/58 | €579,484 | €608,126 | +€28,642 | +4.9% |
| Amounts receivable after more than one year | 29 | €520,000 | €520,000 | = | 0.0% |
| Other amounts receivable | 291 | €520,000 | €520,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,998 | €43,251 | +€19,253 | +80.2% |
| Trade receivables | 40 | €16,312 | €17,563 | +€1,251 | +7.7% |
| Other amounts receivable | 41 | €7,686 | €25,687 | +€18,001 | +234.2% |
| Cash at bank and in hand | 54/58 | €35,336 | €44,875 | +€9,539 | +27.0% |
| Deferred charges and accrued income | 490/1 | €150 | - | -€150 | |
| Total equity and liabilities | 10/49 | €580,487 | €608,321 | +€27,834 | +4.8% |
| Equity | 10/15 | €489,876 | €540,207 | +€50,331 | +10.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €314,221 | €364,221 | +€50,000 | +15.9% |
| Distributable reserves | 133 | €314,221 | €364,221 | +€50,000 | +15.9% |
| Profit (loss) carried forward | 14 | €169,458 | €169,789 | +€331 | +0.2% |
| Provisions and deferred taxes | 16 | - | €6,000 | +€6,000 | |
| Provisions for liabilities and charges | 160/5 | - | €6,000 | +€6,000 | |
| Other liabilities and charges | 164/5 | - | €6,000 | +€6,000 | |
| Amounts payable | 17/49 | €90,611 | €62,114 | -€28,498 | -31.5% |
| Amounts payable after more than one year | 17 | €7,594 | - | -€7,594 | |
| Financial debts | 170/4 | €7,594 | - | -€7,594 | |
| Amounts payable within one year | 42/48 | €82,621 | €61,627 | -€20,994 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €29,445 | €7,594 | -€21,851 | -74.2% |
| Trade debts | 44 | €29,965 | €22,272 | -€7,693 | -25.7% |
| Suppliers | 440/4 | €29,965 | €22,272 | -€7,693 | -25.7% |
| Taxes, remuneration and social security | 45 | €23,211 | €31,760 | +€8,549 | +36.8% |
| Taxes | 450/3 | €23,211 | €31,760 | +€8,549 | +36.8% |
| Accrued charges and deferred income | 492/3 | €396 | €487 | +€91 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,976 | €809 | -€5,168 | -86.5% |
| Other operating charges | 640/8 | €544 | €567 | +€23 | +4.2% |
| Gross operating margin | 9900 | €46,503 | €66,159 | +€19,656 | +42.3% |
| Operating profit (loss) | 9901 | €39,983 | €64,783 | +€24,801 | +62.0% |
| Financial income | 75/76B | €7,973 | €8,991 | +€1,018 | +12.8% |
| Recurring financial income | 75 | €7,973 | €8,991 | +€1,018 | +12.8% |
| Financial charges | 65/66B | €3,275 | €1,922 | -€1,353 | -41.3% |
| Recurring financial charges | 65 | €3,275 | €1,922 | -€1,353 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €44,680 | €71,852 | +€27,172 | +60.8% |
| Income taxes | 67/77 | €14,275 | €21,521 | +€7,246 | +50.8% |
| Profit (loss) for the period | 9904 | €30,405 | €50,331 | +€19,926 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,405 | €50,331 | +€19,926 | +65.5% |
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 11 October 2026 via checked.be.