b.Alert: 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.
b.Alert
Largest movements
- Receivables within one year -€25,934
down €25,934 (-6.9%), from €377,121 to €351,187
of which Other amounts receivable: -€26,003
- Cash -€22,324
down €22,324 (-60.1%), from €37,120 to €14,796
mainly Net result for the year (-€25,350) and Trade debts (-€12,087)
- Profit (loss) carried forward -€25,350
down €25,350 (-549%), from -€4,620 to -€29,969
- Trade debts -€12,087
down €12,087 (-65.4%), from €18,488 to €6,401
- Other debts -€12,062
down €12,062 (-88.9%), from €13,563 to €1,501
- Gross operating margin -€5,914
down €5,914 (-42.3%), from -€13,971 to -€19,885
- Depreciation +€731
up €731 (+34.4%), from €2,126 to €2,857
- Financial charges -€463
down €463 (-16.0%), from €2,888 to €2,425
- Financial income +€390
up €390 (+3,901,800%), from €0 to €390
- Other operating charges +€257
up €257 (+81.3%), from €316 to €573
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 | €449,494 | €400,152 | -€49,342 | -11.0% |
| Fixed assets | 21/28 | €4,496 | €3,252 | -€1,244 | -27.7% |
| Intangible fixed assets | 21 | €1,912 | €479 | -€1,433 | -75.0% |
| Tangible fixed assets | 22/27 | €2,241 | €2,430 | +€189 | +8.4% |
| Plant, machinery and equipment | 23 | €1,020 | €426 | -€594 | -58.2% |
| Furniture and vehicles | 24 | €1,221 | €2,004 | +€783 | +64.1% |
| Financial fixed assets | 28 | €343 | €343 | = | 0.0% |
| Current assets | 29/58 | €444,998 | €396,900 | -€48,098 | -10.8% |
| Stocks and contracts in progress | 3 | €30,302 | €30,302 | = | 0.0% |
| Stocks | 30/36 | €30,302 | €30,302 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €377,121 | €351,187 | -€25,934 | -6.9% |
| Trade receivables | 40 | €8,392 | €8,461 | +€69 | +0.8% |
| Other amounts receivable | 41 | €368,728 | €342,725 | -€26,003 | -7.1% |
| Cash at bank and in hand | 54/58 | €37,120 | €14,796 | -€22,324 | -60.1% |
| Deferred charges and accrued income | 490/1 | €456 | €616 | +€160 | +35.1% |
| Total equity and liabilities | 10/49 | €449,494 | €400,152 | -€49,342 | -11.0% |
| Equity | 10/15 | €350,880 | €325,531 | -€25,350 | -7.2% |
| Contributions | 10/11 | €355,500 | €355,500 | = | 0.0% |
| Capital | 10 | €355,500 | €355,500 | = | 0.0% |
| Issued capital | 100 | €355,500 | €355,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,620 | -€29,969 | -€25,350 | -549% |
| Amounts payable | 17/49 | €98,614 | €74,621 | -€23,993 | -24.3% |
| Amounts payable after more than one year | 17 | €66,563 | €66,563 | = | 0.0% |
| Financial debts | 170/4 | €66,563 | €66,563 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,051 | €8,058 | -€23,993 | -74.9% |
| Trade debts | 44 | €18,488 | €6,401 | -€12,087 | -65.4% |
| Suppliers | 440/4 | €18,488 | €6,401 | -€12,087 | -65.4% |
| Taxes, remuneration and social security | 45 | €0 | €156 | +€156 | |
| Taxes | 450/3 | €0 | €156 | +€156 | |
| Other amounts payable | 47/48 | €13,563 | €1,501 | -€12,062 | -88.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,126 | €2,857 | +€731 | +34.4% |
| Other operating charges | 640/8 | €316 | €573 | +€257 | +81.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€13,971 | -€19,885 | -€5,914 | -42.3% |
| Operating profit (loss) | 9901 | -€16,413 | -€23,315 | -€6,902 | -42.1% |
| Financial income | 75/76B | €0 | €390 | +€390 | +3,901,800% |
| Recurring financial income | 75 | €0 | €390 | +€390 | +3,901,800% |
| Financial charges | 65/66B | €2,888 | €2,425 | -€463 | -16.0% |
| Recurring financial charges | 65 | €2,888 | €2,425 | -€463 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,301 | -€25,350 | -€6,049 | -31.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€19,301 | -€25,350 | -€6,049 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,301 | -€25,350 | -€6,049 | -31.3% |
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 13 October 2026 via checked.be.