B AS-BUILT: 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 AS-BUILT
Largest movements
- Tangible fixed assets +€45,806
up €45,806 (+189.0%), from €24,237 to €70,043
- Other debts +€81,604
up €81,604 (+211.1%), from €38,662 to €120,266
- Profit (loss) carried forward -€80,457
down €80,457 (-76.6%), from €105,090 to €24,633
- Debts after one year +€23,897
new in 2025: €23,897
- Tax, wage and social debts +€15,138
up €15,138 (+260.7%), from €5,807 to €20,945
- Current portion of long-term debt +€6,751
up €6,751 (+415.0%), from €1,627 to €8,378
- Gross operating margin +€4,583
up €4,583 (+14.9%), from €30,838 to €35,421
- Depreciation -€4,004
down €4,004 (-30.2%), from €13,268 to €9,264
- Taxes +€965
up €965 (+18.8%), from €5,127 to €6,092
- Other operating charges +€628
up €628 (+163.4%), from €384 to €1,013
- Financial charges +€421
up €421 (+86.9%), from €484 to €905
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 | €173,747 | €220,670 | +€46,923 | +27.0% |
| Fixed assets | 21/28 | €24,262 | €70,068 | +€45,806 | +188.8% |
| Tangible fixed assets | 22/27 | €24,237 | €70,043 | +€45,806 | +189.0% |
| Furniture and vehicles | 24 | €24,237 | €70,043 | +€45,806 | +189.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €149,485 | €150,602 | +€1,117 | +0.7% |
| Amounts receivable within one year | 40/41 | €11,514 | €13,216 | +€1,702 | +14.8% |
| Trade receivables | 40 | €11,514 | €13,216 | +€1,702 | +14.8% |
| Cash at bank and in hand | 54/58 | €137,971 | €137,386 | -€585 | -0.4% |
| Total equity and liabilities | 10/49 | €173,747 | €220,670 | +€46,923 | +27.0% |
| Equity | 10/15 | €127,640 | €47,183 | -€80,457 | -63.0% |
| Contributions | 10/11 | €22,550 | €22,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,090 | €24,633 | -€80,457 | -76.6% |
| Amounts payable | 17/49 | €46,107 | €173,486 | +€127,380 | +276.3% |
| Amounts payable after more than one year | 17 | - | €23,897 | +€23,897 | |
| Financial debts | 170/4 | - | €23,897 | +€23,897 | |
| Amounts payable within one year | 42/48 | €46,107 | €149,589 | +€103,483 | +224.4% |
| Current portion of amounts payable after more than one year | 42 | €1,627 | €8,378 | +€6,751 | +415.0% |
| Trade debts | 44 | €11 | - | -€11 | |
| Suppliers | 440/4 | €11 | - | -€11 | |
| Taxes, remuneration and social security | 45 | €5,807 | €20,945 | +€15,138 | +260.7% |
| Taxes | 450/3 | €5,807 | €20,945 | +€15,138 | +260.7% |
| Other amounts payable | 47/48 | €38,662 | €120,266 | +€81,604 | +211.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,268 | €9,264 | -€4,004 | -30.2% |
| Other operating charges | 640/8 | €384 | €1,013 | +€628 | +163.4% |
| Gross operating margin | 9900 | €30,838 | €35,421 | +€4,583 | +14.9% |
| Operating profit (loss) | 9901 | €17,185 | €25,144 | +€7,959 | +46.3% |
| Financial income | 75/76B | €1,091 | €1,397 | +€306 | +28.0% |
| Recurring financial income | 75 | €1,091 | €1,397 | +€306 | +28.0% |
| Financial charges | 65/66B | €484 | €905 | +€421 | +86.9% |
| Recurring financial charges | 65 | €484 | €905 | +€421 | +86.9% |
| Profit (loss) for the period before taxes | 9903 | €17,791 | €25,635 | +€7,844 | +44.1% |
| Income taxes | 67/77 | €5,127 | €6,092 | +€965 | +18.8% |
| Profit (loss) for the period | 9904 | €12,664 | €19,543 | +€6,879 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,664 | €19,543 | +€6,879 | +54.3% |
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 9 October 2026 via checked.be.