AUDUBON: 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.
AUDUBON
Largest movements
- Tangible fixed assets -€22,514
down €22,514 (-3.4%), from €652,929 to €630,414
of which Land and buildings: -€17,830
- Profit (loss) carried forward -€22,021
down €22,021 (-3.1%), from -€715,333 to -€737,354
- Gross operating margin +€10,604
up €10,604, from -€7,950 to €2,653
- Financial charges -€447
down €447 (-48.1%), from €930 to €483
- Other operating charges -€270
down €270 (-14.3%), from €1,893 to €1,622
- Depreciation -€236
down €236 (-1.0%), from €22,750 to €22,514
- Taxes -€234
down €234 (-74.7%), from €314 to €80
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 | €678,664 | €656,327 | -€22,338 | -3.3% |
| Fixed assets | 21/28 | €652,929 | €630,414 | -€22,514 | -3.4% |
| Tangible fixed assets | 22/27 | €652,929 | €630,414 | -€22,514 | -3.4% |
| Land and buildings | 22 | €644,435 | €626,604 | -€17,830 | -2.8% |
| Plant, machinery and equipment | 23 | €7,518 | €3,810 | -€3,708 | -49.3% |
| Furniture and vehicles | 24 | €976 | €0 | -€976 | -100.0% |
| Current assets | 29/58 | €25,736 | €25,912 | +€177 | +0.7% |
| Amounts receivable within one year | 40/41 | €6,552 | €1,723 | -€4,829 | -73.7% |
| Trade receivables | 40 | €4,164 | €1,723 | -€2,440 | -58.6% |
| Other amounts receivable | 41 | €2,389 | €0 | -€2,389 | -100.0% |
| Cash at bank and in hand | 54/58 | €17,237 | €22,366 | +€5,128 | +29.8% |
| Deferred charges and accrued income | 490/1 | €1,946 | €1,824 | -€122 | -6.3% |
| Total equity and liabilities | 10/49 | €678,664 | €656,327 | -€22,338 | -3.3% |
| Equity | 10/15 | -€152,937 | -€174,959 | -€22,021 | -14.4% |
| Contributions | 10/11 | €560,000 | €560,000 | = | 0.0% |
| Capital | 10 | €560,000 | €560,000 | = | 0.0% |
| Issued capital | 100 | €560,000 | €560,000 | = | 0.0% |
| Reserves | 13 | €2,396 | €2,396 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,396 | €2,396 | = | 0.0% |
| Legal reserve | 130 | €2,396 | €2,396 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€715,333 | -€737,354 | -€22,021 | -3.1% |
| Amounts payable | 17/49 | €831,602 | €831,285 | -€316 | 0.0% |
| Amounts payable after more than one year | 17 | €800,000 | €800,000 | = | 0.0% |
| Other amounts payable | 178/9 | €800,000 | €800,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,498 | €22,179 | +€681 | +3.2% |
| Trade debts | 44 | €2,856 | €83 | -€2,773 | -97.1% |
| Suppliers | 440/4 | €2,856 | €83 | -€2,773 | -97.1% |
| Taxes, remuneration and social security | 45 | €0 | €2,377 | +€2,377 | |
| Taxes | 450/3 | €0 | €2,377 | +€2,377 | |
| Other amounts payable | 47/48 | €18,641 | €19,718 | +€1,076 | +5.8% |
| Accrued charges and deferred income | 492/3 | €10,104 | €9,107 | -€997 | -9.9% |
| Non-recurring operating income | 76A | €2,000 | €0 | -€2,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,750 | €22,514 | -€236 | -1.0% |
| Other operating charges | 640/8 | €1,893 | €1,622 | -€270 | -14.3% |
| Non-recurring operating charges | 66A | €12,107 | €0 | -€12,107 | -100.0% |
| Gross operating margin | 9900 | -€7,950 | €2,653 | +€10,604 | |
| Operating profit (loss) | 9901 | -€44,700 | -€21,483 | +€23,217 | +51.9% |
| Financial income | 75/76B | €1 | €25 | +€23 | +1750.7% |
| Recurring financial income | 75 | €1 | €25 | +€23 | +1750.7% |
| Financial charges | 65/66B | €930 | €483 | -€447 | -48.1% |
| Recurring financial charges | 65 | €930 | €483 | -€447 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | -€45,629 | -€21,942 | +€23,688 | +51.9% |
| Income taxes | 67/77 | €314 | €80 | -€234 | -74.7% |
| Profit (loss) for the period | 9904 | -€45,943 | -€22,021 | +€23,922 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,943 | -€22,021 | +€23,922 | +52.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.