Astrid Comijn, Notaris: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Astrid Comijn, Notaris
Largest movements
- Receivables within one year +€121,576
up €121,576 (+690%), from €17,625 to €139,201
of which Trade receivables: +€139,201
- Cash +€18,346
up €18,346 (+79.4%), from €23,116 to €41,462
mainly Net result for the year (+€162,571) and Other debts (+€113,258)
- Tangible fixed assets -€6,908
down €6,908 (-24.0%), from €28,801 to €21,893
of which Furniture and vehicles: -€15,106
- Deferred charges and accrued income -€2,393
down €2,393 (-72.4%), from €3,306 to €913
- Other debts +€113,258
up €113,258 (+241%), from €47,000 to €160,258
- Short-term financial debts +€13,546
new in 2026: €13,546
- Tax, wage and social debts +€10,766
up €10,766 (+537%), from €2,003 to €12,769
- Debts after one year -€7,958
down €7,958 (-69.8%), from €11,409 to €3,451
- Gross operating margin +€68,624
up €68,624 (+45.1%), from €152,274 to €220,898
- Taxes +€17,036
up €17,036 (+53.0%), from €32,129 to €49,165
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,248 | €203,869 | +€130,621 | +178% |
| Fixed assets | 21/28 | €29,201 | €22,293 | -€6,908 | -23.7% |
| Tangible fixed assets | 22/27 | €28,801 | €21,893 | -€6,908 | -24.0% |
| Furniture and vehicles | 24 | €28,801 | €13,696 | -€15,106 | -52.4% |
| Other tangible fixed assets | 26 | - | €8,198 | +€8,198 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €44,047 | €181,576 | +€137,529 | +312% |
| Amounts receivable within one year | 40/41 | €17,625 | €139,201 | +€121,576 | +690% |
| Trade receivables | 40 | - | €139,201 | +€139,201 | |
| Other amounts receivable | 41 | €17,625 | - | -€17,625 | |
| Cash at bank and in hand | 54/58 | €23,116 | €41,462 | +€18,346 | +79.4% |
| Deferred charges and accrued income | 490/1 | €3,306 | €913 | -€2,393 | -72.4% |
| Total equity and liabilities | 10/49 | €73,248 | €203,869 | +€130,621 | +178% |
| Equity | 10/15 | €5,316 | €5,887 | +€571 | +10.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €316 | €887 | +€571 | +180% |
| Amounts payable | 17/49 | €67,932 | €197,982 | +€130,050 | +191% |
| Amounts payable after more than one year | 17 | €11,409 | €3,451 | -€7,958 | -69.8% |
| Financial debts | 170/4 | €11,409 | €3,451 | -€7,958 | -69.8% |
| Amounts payable within one year | 42/48 | €56,523 | €194,531 | +€138,008 | +244% |
| Current portion of amounts payable after more than one year | 42 | €7,520 | €7,958 | +€438 | +5.8% |
| Financial debts | 43 | - | €13,546 | +€13,546 | |
| Credit institutions | 430/8 | - | €13,546 | +€13,546 | |
| Taxes, remuneration and social security | 45 | €2,003 | €12,769 | +€10,766 | +537% |
| Taxes | 450/3 | €2,003 | €12,769 | +€10,766 | +537% |
| Other amounts payable | 47/48 | €47,000 | €160,258 | +€113,258 | +241% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,379 | €6,908 | +€529 | +8.3% |
| Other operating charges | 640/8 | €530 | €693 | +€163 | +30.7% |
| Gross operating margin | 9900 | €152,274 | €220,898 | +€68,624 | +45.1% |
| Operating profit (loss) | 9901 | €145,365 | €213,297 | +€67,932 | +46.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.1% |
| Financial charges | 65/66B | €1,642 | €1,561 | -€81 | -4.9% |
| Recurring financial charges | 65 | €1,642 | €1,561 | -€81 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €143,725 | €211,736 | +€68,012 | +47.3% |
| Income taxes | 67/77 | €32,129 | €49,165 | +€17,036 | +53.0% |
| Profit (loss) for the period | 9904 | €111,595 | €162,571 | +€50,976 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €111,595 | €162,571 | +€50,976 | +45.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.