AUKE MORTIER: 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.
AUKE MORTIER
Largest movements
- Tangible fixed assets +€43,154
up €43,154 (+64.0%), from €67,428 to €110,582
of which Assets under construction and advance payments: +€42,950
- Cash +€9,226
up €9,226 (+162%), from €5,708 to €14,934
mainly Debts after one year (+€43,201) and Net result for the year (+€7,063)
- Receivables within one year +€6,656
up €6,656 (+465%), from €1,432 to €8,088
of which Other amounts receivable: +€7,807
- Debts after one year +€43,201
up €43,201 (+64.5%), from €66,988 to €110,189
- Reserves +€6,895
new in 2025: €6,895
- Current portion of long-term debt +€4,811
new in 2025: €4,811
- Tax, wage and social debts +€4,674
up €4,674 (+230%), from €2,032 to €6,706
- Gross operating margin +€11,775
up €11,775 (+748%), from €1,575 to €13,350
- Taxes +€2,120
up €2,120 (+362%), from €585 to €2,705
- Other operating charges +€1,002
up €1,002 (+334%), from €299 to €1,301
- Financial charges +€401
up €401 (+24.0%), from €1,668 to €2,069
- Financial income +€178
up €178, from €0 to €178
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.
Derived cash bridge
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 | €74,568 | €133,954 | +€59,385 | +79.6% |
| Fixed assets | 21/28 | €67,428 | €110,582 | +€43,154 | +64.0% |
| Tangible fixed assets | 22/27 | €67,428 | €110,582 | +€43,154 | +64.0% |
| Plant, machinery and equipment | 23 | €940 | €640 | -€300 | -31.9% |
| Furniture and vehicles | 24 | - | €546 | +€546 | |
| Other tangible fixed assets | 26 | €344 | €302 | -€42 | -12.3% |
| Assets under construction and advance payments | 27 | €66,144 | €109,094 | +€42,950 | +64.9% |
| Current assets | 29/58 | €7,140 | €23,371 | +€16,231 | +227% |
| Amounts receivable within one year | 40/41 | €1,432 | €8,088 | +€6,656 | +465% |
| Trade receivables | 40 | €1,432 | €281 | -€1,151 | -80.4% |
| Other amounts receivable | 41 | €0 | €7,807 | +€7,807 | |
| Cash at bank and in hand | 54/58 | €5,708 | €14,934 | +€9,226 | +162% |
| Deferred charges and accrued income | 490/1 | - | €350 | +€350 | |
| Total equity and liabilities | 10/49 | €74,568 | €133,954 | +€59,385 | +79.6% |
| Equity | 10/15 | €4,832 | €11,895 | +€7,063 | +146% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €6,895 | +€6,895 | |
| Distributable reserves | 133 | - | €6,895 | +€6,895 | |
| Profit (loss) carried forward | 14 | -€168 | €0 | +€168 | |
| Amounts payable | 17/49 | €69,737 | €122,059 | +€52,322 | +75.0% |
| Amounts payable after more than one year | 17 | €66,988 | €110,189 | +€43,201 | +64.5% |
| Financial debts | 170/4 | €66,988 | €110,189 | +€43,201 | +64.5% |
| Amounts payable within one year | 42/48 | €2,749 | €11,870 | +€9,121 | +332% |
| Current portion of amounts payable after more than one year | 42 | - | €4,811 | +€4,811 | |
| Trade debts | 44 | €96 | €353 | +€257 | +269% |
| Suppliers | 440/4 | €96 | €353 | +€257 | +269% |
| Taxes, remuneration and social security | 45 | €2,032 | €6,706 | +€4,674 | +230% |
| Taxes | 450/3 | €2,032 | €6,706 | +€4,674 | +230% |
| Other amounts payable | 47/48 | €621 | €0 | -€621 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €342 | €389 | +€47 | +13.8% |
| Other operating charges | 640/8 | €299 | €1,301 | +€1,002 | +334% |
| Gross operating margin | 9900 | €1,575 | €13,350 | +€11,775 | +748% |
| Operating profit (loss) | 9901 | €933 | €11,659 | +€10,726 | +1,150% |
| Financial income | 75/76B | €0 | €178 | +€178 | |
| Recurring financial income | 75 | €0 | €178 | +€178 | |
| Financial charges | 65/66B | €1,668 | €2,069 | +€401 | +24.0% |
| Recurring financial charges | 65 | €1,668 | €2,069 | +€401 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | -€735 | €9,768 | +€10,504 | |
| Income taxes | 67/77 | €585 | €2,705 | +€2,120 | +362% |
| Profit (loss) for the period | 9904 | -€1,321 | €7,063 | +€8,384 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,321 | €7,063 | +€8,384 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.