ANNE DUBUISSON: 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.
ANNE DUBUISSON
Largest movements
- Cash +€102,904
up €102,904 (+123.6%), from €83,257 to €186,160
mainly Net result for the year (+€75,214) and Tax, wage and social debts (+€13,722)
- Receivables within one year -€13,358
down €13,358 (-50.4%), from €26,530 to €13,172
of which Trade receivables: -€12,422
- Reserves +€75,214
up €75,214 (+139.1%), from €54,060 to €129,274
of which Distributable reserves: +€75,214
- Tax, wage and social debts +€13,722
up €13,722 (+884.0%), from €1,552 to €15,274
- Trade debts +€3,630
new in 2025: €3,630
- Accrued charges and deferred income -€2,640
no longer reported in 2025 (was €2,640)
- Gross operating margin +€70,422
up €70,422 (+171.3%), from €41,120 to €111,542
- Taxes +€25,820
up €25,820 (+257.9%), from €10,010 to €35,831
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 | €110,135 | €199,916 | +€89,782 | +81.5% |
| Current assets | 29/58 | €110,135 | €199,916 | +€89,782 | +81.5% |
| Amounts receivable within one year | 40/41 | €26,530 | €13,172 | -€13,358 | -50.4% |
| Trade receivables | 40 | €25,530 | €13,108 | -€12,422 | -48.7% |
| Other amounts receivable | 41 | €1,000 | €64 | -€936 | -93.6% |
| Cash at bank and in hand | 54/58 | €83,257 | €186,160 | +€102,904 | +123.6% |
| Deferred charges and accrued income | 490/1 | €348 | €585 | +€236 | +67.9% |
| Total equity and liabilities | 10/49 | €110,135 | €199,916 | +€89,782 | +81.5% |
| Equity | 10/15 | €104,518 | €179,731 | +€75,214 | +72.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €54,060 | €129,274 | +€75,214 | +139.1% |
| 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 | €52,200 | €127,414 | +€75,214 | +144.1% |
| Profit (loss) carried forward | 14 | €44,258 | €44,258 | = | 0.0% |
| Amounts payable | 17/49 | €5,617 | €20,185 | +€14,568 | +259.3% |
| Amounts payable within one year | 42/48 | €2,977 | €20,185 | +€17,208 | +578.0% |
| Trade debts | 44 | - | €3,630 | +€3,630 | |
| Suppliers | 440/4 | - | €3,630 | +€3,630 | |
| Taxes, remuneration and social security | 45 | €1,552 | €15,274 | +€13,722 | +884.0% |
| Taxes | 450/3 | €1,552 | €15,274 | +€13,722 | +884.0% |
| Other amounts payable | 47/48 | €1,425 | €1,281 | -€144 | -10.1% |
| Accrued charges and deferred income | 492/3 | €2,640 | - | -€2,640 | |
| Other operating charges | 640/8 | €724 | €642 | -€82 | -11.3% |
| Gross operating margin | 9900 | €41,120 | €111,542 | +€70,422 | +171.3% |
| Operating profit (loss) | 9901 | €40,395 | €110,899 | +€70,504 | +174.5% |
| Financial income | 75/76B | - | €474 | +€474 | |
| Recurring financial income | 75 | - | €474 | +€474 | |
| Financial charges | 65/66B | €175 | €329 | +€154 | +88.0% |
| Recurring financial charges | 65 | €175 | €329 | +€154 | +88.0% |
| Profit (loss) for the period before taxes | 9903 | €40,220 | €111,044 | +€70,824 | +176.1% |
| Income taxes | 67/77 | €10,010 | €35,831 | +€25,820 | +257.9% |
| Profit (loss) for the period | 9904 | €30,210 | €75,214 | +€45,004 | +149.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,210 | €75,214 | +€45,004 | +149.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.