Astrid Fivez: 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.
Astrid Fivez
Largest movements
- Cash +€14,444
up €14,444 (+75.6%), from €19,113 to €33,557
mainly Other debts (+€21,343) and Net result for the year (+€17,552)
- Receivables within one year -€5,245
down €5,245 (-32.8%), from €15,988 to €10,744
- Tangible fixed assets -€5,051
down €5,051 (-40.2%), from €12,580 to €7,529
of which Furniture and vehicles: -€5,662
- Other debts +€21,343
up €21,343 (+226.9%), from €9,406 to €30,749
- Profit (loss) carried forward -€11,663
no longer reported in 2025 (was €11,663)
- Trade debts -€7,446
down €7,446 (-92.0%), from €8,092 to €646
- Tax, wage and social debts +€7,158
up €7,158 (+146.3%), from €4,891 to €12,049
of which Taxes: +€8,658
- Debts after one year -€5,300
down €5,300 (-79.9%), from €6,635 to €1,334
- Gross operating margin +€20,725
up €20,725 (+226.4%), from €9,154 to €29,879
- Taxes +€4,461
up €4,461 (+530.4%), from €841 to €5,302
- Other operating charges +€621
up €621 (+135.1%), from €459 to €1,080
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 | €48,019 | €52,168 | +€4,149 | +8.6% |
| Fixed assets | 21/28 | €12,580 | €7,529 | -€5,051 | -40.2% |
| Tangible fixed assets | 22/27 | €12,580 | €7,529 | -€5,051 | -40.2% |
| Plant, machinery and equipment | 23 | - | €611 | +€611 | |
| Furniture and vehicles | 24 | €12,580 | €6,918 | -€5,662 | -45.0% |
| Current assets | 29/58 | €35,439 | €44,639 | +€9,200 | +26.0% |
| Amounts receivable within one year | 40/41 | €15,988 | €10,744 | -€5,245 | -32.8% |
| Trade receivables | 40 | €15,988 | €10,744 | -€5,245 | -32.8% |
| Cash at bank and in hand | 54/58 | €19,113 | €33,557 | +€14,444 | +75.6% |
| Deferred charges and accrued income | 490/1 | €337 | €338 | +€1 | +0.3% |
| Total equity and liabilities | 10/49 | €48,019 | €52,168 | +€4,149 | +8.6% |
| Equity | 10/15 | €13,752 | €2,088 | -€11,663 | -84.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €88 | €88 | = | 0.0% |
| Distributable reserves | 133 | €88 | €88 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,663 | - | -€11,663 | |
| Amounts payable | 17/49 | €34,267 | €50,080 | +€15,813 | +46.1% |
| Amounts payable after more than one year | 17 | €6,635 | €1,334 | -€5,300 | -79.9% |
| Financial debts | 170/4 | €6,635 | €1,334 | -€5,300 | -79.9% |
| Amounts payable within one year | 42/48 | €27,632 | €48,745 | +€21,113 | +76.4% |
| Current portion of amounts payable after more than one year | 42 | €5,242 | €5,300 | +€58 | +1.1% |
| Trade debts | 44 | €8,092 | €646 | -€7,446 | -92.0% |
| Suppliers | 440/4 | €8,092 | €646 | -€7,446 | -92.0% |
| Taxes, remuneration and social security | 45 | €4,891 | €12,049 | +€7,158 | +146.3% |
| Taxes | 450/3 | €3,391 | €12,049 | +€8,658 | +255.3% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €9,406 | €30,749 | +€21,343 | +226.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,662 | €5,674 | +€12 | +0.2% |
| Other operating charges | 640/8 | €459 | €1,080 | +€621 | +135.1% |
| Gross operating margin | 9900 | €9,154 | €29,879 | +€20,725 | +226.4% |
| Operating profit (loss) | 9901 | €3,033 | €23,126 | +€20,092 | +662.4% |
| Financial charges | 65/66B | €369 | €272 | -€97 | -26.2% |
| Recurring financial charges | 65 | €369 | €272 | -€97 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €2,665 | €22,854 | +€20,189 | +757.6% |
| Income taxes | 67/77 | €841 | €5,302 | +€4,461 | +530.4% |
| Profit (loss) for the period | 9904 | €1,824 | €17,552 | +€15,728 | +862.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,824 | €17,552 | +€15,728 | +862.3% |
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 12 October 2026 via checked.be.