B-Turn: 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-Turn
Largest movements
- Tangible fixed assets +€17,295
up €17,295 (+960.4%), from €1,801 to €19,095
of which Furniture and vehicles: +€17,841
- Receivables within one year +€10,016
up €10,016 (+9.0%), from €111,339 to €121,354
of which Trade receivables: +€10,346
- Financial fixed assets +€5,000
new in 2025: €5,000
- Deferred charges and accrued income -€2,032
down €2,032 (-80.1%), from €2,537 to €506
- Trade debts +€52,058
up €52,058 (+681.1%), from €7,643 to €59,701
- Other debts -€18,888
down €18,888 (-34.5%), from €54,715 to €35,826
- Profit (loss) carried forward -€16,275
down €16,275, from €401 to -€15,874
- Tax, wage and social debts +€14,673
up €14,673 (+295.4%), from €4,967 to €19,641
of which Taxes: +€15,672
- Gross operating margin -€45,963
down €45,963 (-80.3%), from €57,237 to €11,273
- Staff costs -€29,650
down €29,650 (-57.4%), from €51,697 to €22,047
- Depreciation +€3,017
up €3,017 (+552.2%), from €546 to €3,564
- Other operating charges -€838
down €838 (-43.2%), from €1,943 to €1,104
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 | €116,467 | €147,984 | +€31,517 | +27.1% |
| Fixed assets | 21/28 | €1,801 | €24,095 | +€22,295 | +1238.1% |
| Tangible fixed assets | 22/27 | €1,801 | €19,095 | +€17,295 | +960.4% |
| Land and buildings | 22 | €1,178 | €982 | -€196 | -16.7% |
| Plant, machinery and equipment | 23 | €622 | €272 | -€350 | -56.3% |
| Furniture and vehicles | 24 | €0 | €17,841 | +€17,841 | |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €114,666 | €123,888 | +€9,222 | +8.0% |
| Amounts receivable within one year | 40/41 | €111,339 | €121,354 | +€10,016 | +9.0% |
| Trade receivables | 40 | €111,002 | €121,348 | +€10,346 | +9.3% |
| Other amounts receivable | 41 | €336 | €6 | -€330 | -98.1% |
| Cash at bank and in hand | 54/58 | €790 | €2,028 | +€1,238 | +156.7% |
| Deferred charges and accrued income | 490/1 | €2,537 | €506 | -€2,032 | -80.1% |
| Total equity and liabilities | 10/49 | €116,467 | €147,984 | +€31,517 | +27.1% |
| Equity | 10/15 | €48,691 | €32,416 | -€16,275 | -33.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,690 | €29,690 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,830 | €27,830 | = | 0.0% |
| Profit (loss) carried forward | 14 | €401 | -€15,874 | -€16,275 | |
| Amounts payable | 17/49 | €67,776 | €115,567 | +€47,791 | +70.5% |
| Amounts payable within one year | 42/48 | €67,325 | €115,168 | +€47,843 | +71.1% |
| Trade debts | 44 | €7,643 | €59,701 | +€52,058 | +681.1% |
| Suppliers | 440/4 | €7,643 | €59,701 | +€52,058 | +681.1% |
| Taxes, remuneration and social security | 45 | €4,967 | €19,641 | +€14,673 | +295.4% |
| Taxes | 450/3 | €530 | €16,202 | +€15,672 | +2956.9% |
| Remuneration and social security | 454/9 | €4,437 | €3,439 | -€998 | -22.5% |
| Other amounts payable | 47/48 | €54,715 | €35,826 | -€18,888 | -34.5% |
| Accrued charges and deferred income | 492/3 | €451 | €400 | -€51 | -11.4% |
| Remuneration, social security and pensions | 62 | €51,697 | €22,047 | -€29,650 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €546 | €3,564 | +€3,017 | +552.2% |
| Other operating charges | 640/8 | €1,943 | €1,104 | -€838 | -43.2% |
| Non-recurring operating charges | 66A | - | €273 | +€273 | |
| Gross operating margin | 9900 | €57,237 | €11,273 | -€45,963 | -80.3% |
| Operating profit (loss) | 9901 | €3,051 | -€15,714 | -€18,765 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €642 | €560 | -€82 | -12.8% |
| Recurring financial charges | 65 | €642 | €560 | -€82 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €2,409 | -€16,275 | -€18,683 | |
| Income taxes | 67/77 | €215 | - | -€215 | |
| Profit (loss) for the period | 9904 | €2,194 | -€16,275 | -€18,468 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,194 | -€16,275 | -€18,468 |
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 9 October 2026 via checked.be.