AUDRY & PARTNERS: 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.
AUDRY & PARTNERS
Largest movements
- Tangible fixed assets +€110,807
up €110,807 (+308.7%), from €35,891 to €146,698
of which Plant, machinery and equipment: +€102,074
- Cash -€37,295
down €37,295 (-35.9%), from €103,846 to €66,551
mainly Investment in fixed assets (net) (-€121,417) and Contributions, distributions and other (-€70,390)
- Receivables after one year +€35,072
up €35,072 (+34.5%), from €101,676 to €136,748
- Receivables within one year +€34,650
up €34,650 (+24.9%), from €138,986 to €173,636
of which Other amounts receivable: +€23,468
- Deferred charges and accrued income -€14,627
down €14,627 (-11.1%), from €131,639 to €117,012
- Debts after one year +€45,970
up €45,970 (+30.2%), from €152,046 to €198,016
- Tax, wage and social debts +€33,281
up €33,281 (+179.6%), from €18,529 to €51,810
of which Remuneration and social security: +€46,874
- Reserves +€19,900
up €19,900 (+9.4%), from €211,525 to €231,425
of which Distributable reserves: +€19,900
- Current portion of long-term debt +€16,383
up €16,383 (+74.3%), from €22,036 to €38,420
- Trade debts +€10,683
up €10,683 (+40.5%), from €26,351 to €37,034
- Gross operating margin +€19,949
up €19,949 (+11.8%), from €168,374 to €188,323
- Depreciation +€8,397
up €8,397 (+379.4%), from €2,213 to €10,610
- Taxes -€6,112
down €6,112 (-17.1%), from €35,642 to €29,530
- Financial charges -€3,786
down €3,786 (-27.5%), from €13,752 to €9,966
- Other operating charges -€2,422
down €2,422 (-61.0%), from €3,971 to €1,549
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 | €512,087 | €640,694 | +€128,608 | +25.1% |
| Fixed assets | 21/28 | €35,940 | €146,747 | +€110,807 | +308.3% |
| Tangible fixed assets | 22/27 | €35,891 | €146,698 | +€110,807 | +308.7% |
| Plant, machinery and equipment | 23 | €32,754 | €134,828 | +€102,074 | +311.6% |
| Furniture and vehicles | 24 | €3,137 | €11,869 | +€8,733 | +278.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €476,146 | €493,947 | +€17,801 | +3.7% |
| Amounts receivable after more than one year | 29 | €101,676 | €136,748 | +€35,072 | +34.5% |
| Trade receivables | 290 | €101,676 | €136,748 | +€35,072 | +34.5% |
| Amounts receivable within one year | 40/41 | €138,986 | €173,636 | +€34,650 | +24.9% |
| Trade receivables | 40 | €131,068 | €142,250 | +€11,181 | +8.5% |
| Other amounts receivable | 41 | €7,917 | €31,386 | +€23,468 | +296.4% |
| Cash at bank and in hand | 54/58 | €103,846 | €66,551 | -€37,295 | -35.9% |
| Deferred charges and accrued income | 490/1 | €131,639 | €117,012 | -€14,627 | -11.1% |
| Total equity and liabilities | 10/49 | €512,087 | €640,694 | +€128,608 | +25.1% |
| Equity | 10/15 | €275,654 | €296,183 | +€20,529 | +7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €211,525 | €231,425 | +€19,900 | +9.4% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €209,650 | €229,550 | +€19,900 | +9.5% |
| Profit (loss) carried forward | 14 | €57,929 | €58,558 | +€629 | +1.1% |
| Amounts payable | 17/49 | €236,432 | €344,511 | +€108,078 | +45.7% |
| Amounts payable after more than one year | 17 | €152,046 | €198,016 | +€45,970 | +30.2% |
| Financial debts | 170/4 | €152,046 | €198,016 | +€45,970 | +30.2% |
| Amounts payable within one year | 42/48 | €84,387 | €146,495 | +€62,108 | +73.6% |
| Current portion of amounts payable after more than one year | 42 | €22,036 | €38,420 | +€16,383 | +74.3% |
| Financial debts | 43 | €17,470 | €19,232 | +€1,762 | +10.1% |
| Credit institutions | 430/8 | €17,470 | €19,232 | +€1,762 | +10.1% |
| Trade debts | 44 | €26,351 | €37,034 | +€10,683 | +40.5% |
| Suppliers | 440/4 | €26,351 | €37,034 | +€10,683 | +40.5% |
| Taxes, remuneration and social security | 45 | €18,529 | €51,810 | +€33,281 | +179.6% |
| Taxes | 450/3 | €13,594 | - | -€13,594 | |
| Remuneration and social security | 454/9 | €4,935 | €51,810 | +€46,874 | +949.8% |
| Remuneration, social security and pensions | 62 | €47,957 | €47,719 | -€238 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,213 | €10,610 | +€8,397 | +379.4% |
| Other operating charges | 640/8 | €3,971 | €1,549 | -€2,422 | -61.0% |
| Gross operating margin | 9900 | €168,374 | €188,323 | +€19,949 | +11.8% |
| Operating profit (loss) | 9901 | €114,233 | €128,445 | +€14,212 | +12.4% |
| Financial income | 75/76B | €260 | €1,970 | +€1,710 | +657.5% |
| Recurring financial income | 75 | €260 | €1,970 | +€1,710 | +657.5% |
| Financial charges | 65/66B | €13,752 | €9,966 | -€3,786 | -27.5% |
| Recurring financial charges | 65 | €13,752 | €9,966 | -€3,786 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €100,741 | €120,449 | +€19,708 | +19.6% |
| Income taxes | 67/77 | €35,642 | €29,530 | -€6,112 | -17.1% |
| Profit (loss) for the period | 9904 | €65,100 | €90,919 | +€25,820 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €65,100 | €90,919 | +€25,820 | +39.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.