Back2Basic: 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.
Back2Basic
Largest movements
- Tangible fixed assets -€37,792
down €37,792 (-7.5%), from €502,767 to €464,975
of which Land and buildings: -€20,027
- Cash -€15,282
down €15,282 (-58.9%), from €25,948 to €10,666
mainly Debts after one year (-€30,030) and Net result for the year (-€29,368)
- Intangible fixed assets -€8,000
down €8,000 (-11.6%), from €68,866 to €60,866
- Debts after one year -€30,030
down €30,030 (-8.3%), from €360,215 to €330,185
- Profit (loss) carried forward -€29,368
down €29,368 (-46.8%), from -€62,786 to -€92,154
- Write-downs +€17,776
new in 2025: €17,776
- Gross operating margin -€10,712
down €10,712 (-18.6%), from €57,582 to €46,870
- Financial charges -€827
down €827 (-6.7%), from €12,361 to €11,534
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 | €604,971 | €541,887 | -€63,084 | -10.4% |
| Fixed assets | 21/28 | €571,632 | €525,840 | -€45,792 | -8.0% |
| Intangible fixed assets | 21 | €68,866 | €60,866 | -€8,000 | -11.6% |
| Tangible fixed assets | 22/27 | €502,767 | €464,975 | -€37,792 | -7.5% |
| Land and buildings | 22 | €368,386 | €348,359 | -€20,027 | -5.4% |
| Plant, machinery and equipment | 23 | €108,819 | €96,186 | -€12,633 | -11.6% |
| Furniture and vehicles | 24 | €25,562 | €20,429 | -€5,132 | -20.1% |
| Current assets | 29/58 | €33,339 | €16,047 | -€17,292 | -51.9% |
| Amounts receivable within one year | 40/41 | €2,863 | €3,473 | +€611 | +21.3% |
| Trade receivables | 40 | €2,858 | €3,458 | +€600 | +21.0% |
| Other amounts receivable | 41 | €5 | €16 | +€10 | +190.5% |
| Cash at bank and in hand | 54/58 | €25,948 | €10,666 | -€15,282 | -58.9% |
| Deferred charges and accrued income | 490/1 | €4,528 | €1,907 | -€2,621 | -57.9% |
| Total equity and liabilities | 10/49 | €604,971 | €541,887 | -€63,084 | -10.4% |
| Equity | 10/15 | €67,214 | €37,846 | -€29,368 | -43.7% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,786 | -€92,154 | -€29,368 | -46.8% |
| Amounts payable | 17/49 | €537,757 | €504,041 | -€33,716 | -6.3% |
| Amounts payable after more than one year | 17 | €360,215 | €330,185 | -€30,030 | -8.3% |
| Financial debts | 170/4 | €360,215 | €330,185 | -€30,030 | -8.3% |
| Amounts payable within one year | 42/48 | €176,419 | €173,856 | -€2,563 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €29,177 | €30,030 | +€854 | +2.9% |
| Trade debts | 44 | €2,861 | €121 | -€2,740 | -95.8% |
| Suppliers | 440/4 | €2,861 | €121 | -€2,740 | -95.8% |
| Advances received on contracts in progress | 46 | - | €600 | +€600 | |
| Taxes, remuneration and social security | 45 | €2,523 | €861 | -€1,662 | -65.9% |
| Taxes | 450/3 | €2,523 | €861 | -€1,662 | -65.9% |
| Other amounts payable | 47/48 | €141,858 | €142,244 | +€386 | +0.3% |
| Accrued charges and deferred income | 492/3 | €1,123 | €0 | -€1,123 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,679 | €45,792 | +€114 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €17,776 | +€17,776 | |
| Other operating charges | 640/8 | €999 | €1,256 | +€257 | +25.8% |
| Gross operating margin | 9900 | €57,582 | €46,870 | -€10,712 | -18.6% |
| Operating profit (loss) | 9901 | €10,905 | -€17,954 | -€28,859 | |
| Financial income | 75/76B | €36 | €104 | +€68 | +189.6% |
| Recurring financial income | 75 | €36 | €104 | +€68 | +189.6% |
| Financial charges | 65/66B | €12,361 | €11,534 | -€827 | -6.7% |
| Recurring financial charges | 65 | €12,361 | €11,534 | -€827 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,420 | -€29,384 | -€27,964 | -1969.3% |
| Income taxes | 67/77 | -€5 | -€16 | -€10 | -190.5% |
| Profit (loss) for the period | 9904 | -€1,415 | -€29,368 | -€27,954 | -1976.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,415 | -€29,368 | -€27,954 | -1976.0% |
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 5 October 2026 via checked.be.