AUDITEL GROUP: 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.
AUDITEL GROUP
Largest movements
- Receivables within one year -€1.9m
down €1.9m (-25.3%), from €7.3m to €5.5m
of which Other amounts receivable: -€2.2m
- Stocks and contracts +€282,175
up €282,175 (+29.3%), from €964,217 to €1.2m
- Cash -€149,305
down €149,305 (-26.0%), from €573,722 to €424,416
mainly Net result for the year (-€13.5m) and Advances received (-€1.5m)
- Profit (loss) carried forward -€13.5m
down €13.5m (-3336.8%), from -€405,029 to -€13.9m
- Tax, wage and social debts +€12.9m
up €12.9m (+196.6%), from €6.6m to €19.5m
of which Taxes: +€12.9m
- Advances received -€1.5m
no longer reported in 2025 (was €1.5m)
- Trade debts +€354,169
up €354,169 (+28.6%), from €1.2m to €1.6m
- Gross operating margin -€527,772
down €527,772, from €102,283 to -€425,489
- Financial charges +€148,815
up €148,815 (+130.2%), from €114,263 to €263,078
of which Non-recurring financial charges: +€257,939
- Staff costs -€52,980
down €52,980 (-33.4%), from €158,595 to €105,615
- Depreciation +€12,615
up €12,615 (+47.5%), from €26,549 to €39,164
- Financial income -€6,741
down €6,741 (-100.0%), from €6,741 to €0
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 | €9,137,607 | €7,432,438 | -€1.7m | -18.7% |
| Fixed assets | 21/28 | €206,755 | €270,101 | +€63,346 | +30.6% |
| Intangible fixed assets | 21 | €50,958 | €45,638 | -€5,320 | -10.4% |
| Tangible fixed assets | 22/27 | €121,535 | €171,691 | +€50,156 | +41.3% |
| Plant, machinery and equipment | 23 | €12,056 | €7,960 | -€4,096 | -34.0% |
| Furniture and vehicles | 24 | €48,070 | €89,519 | +€41,449 | +86.2% |
| Other tangible fixed assets | 26 | €61,409 | €74,212 | +€12,803 | +20.8% |
| Financial fixed assets | 28 | €34,262 | €52,772 | +€18,510 | +54.0% |
| Current assets | 29/58 | €8,930,852 | €7,162,337 | -€1.8m | -19.8% |
| Stocks and contracts in progress | 3 | €964,217 | €1,246,393 | +€282,175 | +29.3% |
| Stocks | 30/36 | €964,217 | €1,246,393 | +€282,175 | +29.3% |
| Amounts receivable within one year | 40/41 | €7,339,953 | €5,484,551 | -€1.9m | -25.3% |
| Trade receivables | 40 | €5,061,969 | €5,417,910 | +€355,941 | +7.0% |
| Other amounts receivable | 41 | €2,277,984 | €66,642 | -€2.2m | -97.1% |
| Cash at bank and in hand | 54/58 | €573,722 | €424,416 | -€149,305 | -26.0% |
| Deferred charges and accrued income | 490/1 | €52,960 | €6,976 | -€45,984 | -86.8% |
| Total equity and liabilities | 10/49 | €9,137,607 | €7,432,438 | -€1.7m | -18.7% |
| Equity | 10/15 | -€178,346 | -€13,693,264 | -€13.5m | -7577.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €206,683 | €206,683 | = | 0.0% |
| Distributable reserves | 133 | €206,683 | €206,683 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€405,029 | -€13,919,947 | -€13.5m | -3336.8% |
| Amounts payable | 17/49 | €9,315,953 | €21,125,701 | +€11.8m | +126.8% |
| Amounts payable within one year | 42/48 | €9,307,537 | €21,122,941 | +€11.8m | +126.9% |
| Trade debts | 44 | €1,239,473 | €1,593,642 | +€354,169 | +28.6% |
| Suppliers | 440/4 | €1,239,473 | €1,593,642 | +€354,169 | +28.6% |
| Advances received on contracts in progress | 46 | €1,484,173 | - | -€1.5m | |
| Taxes, remuneration and social security | 45 | €6,583,891 | €19,529,299 | +€12.9m | +196.6% |
| Taxes | 450/3 | €6,569,713 | €19,515,082 | +€12.9m | +197.0% |
| Remuneration and social security | 454/9 | €14,178 | €14,217 | +€39 | +0.3% |
| Accrued charges and deferred income | 492/3 | €8,416 | €2,760 | -€5,656 | -67.2% |
| Non-recurring operating income | 76A | €1,111 | €330 | -€781 | -70.3% |
| Remuneration, social security and pensions | 62 | €158,595 | €105,615 | -€52,980 | -33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,549 | €39,164 | +€12,615 | +47.5% |
| Other operating charges | 640/8 | €12,072 | €7,080 | -€4,992 | -41.4% |
| Non-recurring operating charges | 66A | €949 | €12,674,492 | +€12.7m | +1335843.0% |
| Gross operating margin | 9900 | €102,283 | -€425,489 | -€527,772 | |
| Operating profit (loss) | 9901 | -€95,882 | -€13,251,840 | -€13.2m | -13721.0% |
| Financial income | 75/76B | €6,741 | €0 | -€6,741 | -100.0% |
| Recurring financial income | 75 | €6,741 | €0 | -€6,741 | -100.0% |
| Financial charges | 65/66B | €114,263 | €263,078 | +€148,815 | +130.2% |
| Recurring financial charges | 65 | €114,263 | €5,138 | -€109,125 | -95.5% |
| Non-recurring financial charges | 66B | - | €257,939 | +€257,939 | |
| Profit (loss) for the period before taxes | 9903 | -€203,404 | -€13,514,917 | -€13.3m | -6544.4% |
| Profit (loss) for the period | 9904 | -€203,404 | -€13,514,917 | -€13.3m | -6544.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€203,404 | -€13,514,917 | -€13.3m | -6544.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.