ALL ABOUT ACCOUNTING: 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.
ALL ABOUT ACCOUNTING
Largest movements
- Receivables within one year +€42,581
up €42,581 (+24.1%), from €176,399 to €218,980
of which Other amounts receivable: +€42,749
- Cash -€16,353
down €16,353 (-94.3%), from €17,337 to €984
mainly Receivables within one year (-€42,581) and Debts after one year (-€12,601)
- Deferred charges and accrued income -€6,089
down €6,089 (-46.6%), from €13,079 to €6,990
- Tangible fixed assets -€5,855
down €5,855 (-9.2%), from €63,767 to €57,912
of which Furniture and vehicles: -€3,040
- Receivables after one year -€5,809
down €5,809 (-36.6%), from €15,874 to €10,065
- Profit (loss) carried forward +€38,328
up €38,328 (+21.4%), from €178,988 to €217,316
- Debts after one year -€12,601
down €12,601 (-42.5%), from €29,680 to €17,079
- Tax, wage and social debts -€10,118
down €10,118 (-68.9%), from €14,695 to €4,577
- Short-term financial debts -€5,000
down €5,000 (-16.7%), from €30,000 to €25,000
- Gross operating margin -€50,598
down €50,598 (-44.1%), from €114,793 to €64,195
- Taxes -€14,798
down €14,798 (-56.1%), from €26,388 to €11,590
- Write-downs -€11,184
down €11,184 (-100%), from €11,184 to €0
- Financial charges +€2,418
up €2,418 (+78.2%), from €3,091 to €5,509
- Depreciation +€1,596
up €1,596 (+25.8%), from €6,184 to €7,780
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 | €286,456 | €294,930 | +€8,474 | +3.0% |
| Fixed assets | 21/28 | €63,767 | €57,912 | -€5,855 | -9.2% |
| Tangible fixed assets | 22/27 | €63,767 | €57,912 | -€5,855 | -9.2% |
| Land and buildings | 22 | €56,791 | €54,826 | -€1,965 | -3.5% |
| Furniture and vehicles | 24 | €6,125 | €3,085 | -€3,040 | -49.6% |
| Other tangible fixed assets | 26 | €851 | - | -€851 | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Current assets | 29/58 | €222,689 | €237,018 | +€14,329 | +6.4% |
| Amounts receivable after more than one year | 29 | €15,874 | €10,065 | -€5,809 | -36.6% |
| Other amounts receivable | 291 | €15,874 | €10,065 | -€5,809 | -36.6% |
| Amounts receivable within one year | 40/41 | €176,399 | €218,980 | +€42,581 | +24.1% |
| Trade receivables | 40 | €16,595 | €16,427 | -€168 | -1.0% |
| Other amounts receivable | 41 | €159,804 | €202,553 | +€42,749 | +26.8% |
| Cash at bank and in hand | 54/58 | €17,337 | €984 | -€16,353 | -94.3% |
| Deferred charges and accrued income | 490/1 | €13,079 | €6,990 | -€6,089 | -46.6% |
| Total equity and liabilities | 10/49 | €286,456 | €294,930 | +€8,474 | +3.0% |
| Equity | 10/15 | €193,331 | €231,660 | +€38,329 | +19.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €83 | €83 | +€0 | +0.4% |
| Tax-exempt reserves | 132 | €83 | €83 | +€0 | +0.4% |
| Profit (loss) carried forward | 14 | €178,988 | €217,316 | +€38,328 | +21.4% |
| Amounts payable | 17/49 | €93,125 | €63,270 | -€29,855 | -32.1% |
| Amounts payable after more than one year | 17 | €29,680 | €17,079 | -€12,601 | -42.5% |
| Financial debts | 170/4 | €29,680 | €17,079 | -€12,601 | -42.5% |
| Amounts payable within one year | 42/48 | €61,670 | €46,191 | -€15,479 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €12,144 | €12,601 | +€457 | +3.8% |
| Financial debts | 43 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Credit institutions | 430/8 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Trade debts | 44 | €4,831 | €4,013 | -€818 | -16.9% |
| Suppliers | 440/4 | €4,831 | €4,013 | -€818 | -16.9% |
| Taxes, remuneration and social security | 45 | €14,695 | €4,577 | -€10,118 | -68.9% |
| Taxes | 450/3 | €14,695 | €4,577 | -€10,118 | -68.9% |
| Accrued charges and deferred income | 492/3 | €1,775 | €0 | -€1,775 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,184 | €7,780 | +€1,596 | +25.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,184 | €0 | -€11,184 | -100% |
| Other operating charges | 640/8 | €2,061 | €1,309 | -€752 | -36.5% |
| Gross operating margin | 9900 | €114,793 | €64,195 | -€50,598 | -44.1% |
| Operating profit (loss) | 9901 | €95,364 | €55,106 | -€40,258 | -42.2% |
| Financial income | 75/76B | €405 | €322 | -€83 | -20.5% |
| Recurring financial income | 75 | €405 | €322 | -€83 | -20.5% |
| Financial charges | 65/66B | €3,091 | €5,509 | +€2,418 | +78.2% |
| Recurring financial charges | 65 | €3,091 | €5,509 | +€2,418 | +78.2% |
| Profit (loss) for the period before taxes | 9903 | €92,678 | €49,919 | -€42,759 | -46.1% |
| Income taxes | 67/77 | €26,388 | €11,590 | -€14,798 | -56.1% |
| Profit (loss) for the period | 9904 | €66,290 | €38,328 | -€27,962 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,290 | €38,328 | -€27,962 | -42.2% |
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 30 October 2026 via checked.be.