APPLIANCE: 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.
APPLIANCE
Largest movements
- Current investments +€200,133
up €200,133 (+304%), from €65,834 to €265,968
- Cash -€199,766
down €199,766 (-38.9%), from €513,649 to €313,884
mainly Current investments (-€200,133) and Provisions (-€28,461)
- Provisions -€28,461
no longer reported in 2025 (was €28,461)
- Tax, wage and social debts +€20,863
new in 2025: €20,863
- Reserves +€6,109
up €6,109 (+7.0%), from €87,243 to €93,352
of which Distributable reserves: +€91,493
- Taxes +€22,405
up €22,405 (+18,739%), from €120 to €22,524
- Purchases and services +€2,748
up €2,748 (+79.3%), from €3,464 to €6,212
- Gross operating margin -€2,688
down €2,688 (-140%), from -€1,924 to -€4,612
- Financial income +€1,559
up €1,559 (+41.4%), from €3,765 to €5,324
- Financial charges -€77
down €77 (-33.6%), from €230 to €152
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 | €580,613 | €579,851 | -€762 | -0.1% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €580,613 | €579,851 | -€762 | -0.1% |
| Amounts receivable within one year | 40/41 | €1,130 | - | -€1,130 | |
| Other amounts receivable | 41 | €1,130 | - | -€1,130 | |
| Current investments | 50/53 | €65,834 | €265,968 | +€200,133 | +304% |
| Cash at bank and in hand | 54/58 | €513,649 | €313,884 | -€199,766 | -38.9% |
| Total equity and liabilities | 10/49 | €580,613 | €579,851 | -€762 | -0.1% |
| Equity | 10/15 | €541,385 | €547,494 | +€6,109 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,243 | €93,352 | +€6,109 | +7.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €85,384 | - | -€85,384 | |
| Distributable reserves | 133 | - | €91,493 | +€91,493 | |
| Profit (loss) carried forward | 14 | €435,542 | €435,542 | = | 0.0% |
| Provisions and deferred taxes | 16 | €28,461 | - | -€28,461 | |
| Deferred taxes | 168 | €28,461 | - | -€28,461 | |
| Amounts payable | 17/49 | €10,768 | €32,358 | +€21,590 | +201% |
| Amounts payable within one year | 42/48 | €10,768 | €29,858 | +€19,090 | +177% |
| Taxes, remuneration and social security | 45 | - | €20,863 | +€20,863 | |
| Taxes | 450/3 | - | €20,863 | +€20,863 | |
| Other amounts payable | 47/48 | €10,768 | €8,994 | -€1,773 | -16.5% |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Turnover | 70 | €1,540 | €1,600 | +€60 | +3.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,464 | €6,212 | +€2,748 | +79.3% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€1,924 | -€4,612 | -€2,688 | -140% |
| Operating profit (loss) | 9901 | -€2,309 | -€5,000 | -€2,691 | -117% |
| Financial income | 75/76B | €3,765 | €5,324 | +€1,559 | +41.4% |
| Recurring financial income | 75 | €3,765 | €5,324 | +€1,559 | +41.4% |
| Financial charges | 65/66B | €230 | €152 | -€77 | -33.6% |
| Recurring financial charges | 65 | €230 | €152 | -€77 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €1,227 | €172 | -€1,055 | -86.0% |
| Transfer from deferred taxes | 780 | - | €28,461 | +€28,461 | |
| Income taxes | 67/77 | €120 | €22,524 | +€22,405 | +18,739% |
| Profit (loss) for the period | 9904 | €1,107 | €6,109 | +€5,002 | +452% |
| Transfer from tax-exempt reserves | 789 | - | €85,384 | +€85,384 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,107 | €91,493 | +€90,386 | +8,163% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.