Balance Event Design: 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.
Balance Event Design
Largest movements
- Receivables within one year -€281,329
down €281,329 (-81.4%), from €345,462 to €64,133
of which Trade receivables: -€255,118
- Cash +€142,154
up €142,154 (+136%), from €104,571 to €246,725
mainly Receivables within one year (+€281,329) and Advances received (+€84,695)
- Accrued charges and deferred income -€109,037
down €109,037 (-99.9%), from €109,103 to €66
- Other debts -€89,696
down €89,696 (-64.0%), from €140,231 to €50,536
- Advances received +€84,695
new in 2025: €84,695
- Tax, wage and social debts +€22,396
up €22,396 (+46.6%), from €48,058 to €70,453
of which Taxes: +€19,376
- Short-term financial debts -€17,316
no longer reported in 2025 (was €17,316)
- Staff costs +€60,667
up €60,667 (+57.9%), from €104,734 to €165,402
- Gross operating margin +€50,398
up €50,398 (+23.5%), from €214,349 to €264,747
- Depreciation +€10,237
up €10,237 (+65.6%), from €15,604 to €25,841
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 | €587,047 | €446,961 | -€140,085 | -23.9% |
| Fixed assets | 21/28 | €131,954 | €132,252 | +€298 | +0.2% |
| Tangible fixed assets | 22/27 | €129,394 | €129,892 | +€498 | +0.4% |
| Plant, machinery and equipment | 23 | €344 | €251 | -€93 | -27.1% |
| Furniture and vehicles | 24 | €24,246 | €12,497 | -€11,749 | -48.5% |
| Other tangible fixed assets | 26 | €104,804 | €117,144 | +€12,341 | +11.8% |
| Financial fixed assets | 28 | €2,560 | €2,360 | -€200 | -7.8% |
| Current assets | 29/58 | €455,093 | €314,709 | -€140,384 | -30.8% |
| Amounts receivable within one year | 40/41 | €345,462 | €64,133 | -€281,329 | -81.4% |
| Trade receivables | 40 | €319,251 | €64,133 | -€255,118 | -79.9% |
| Other amounts receivable | 41 | €26,211 | - | -€26,211 | |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €104,571 | €246,725 | +€142,154 | +136% |
| Deferred charges and accrued income | 490/1 | €5,060 | €3,851 | -€1,209 | -23.9% |
| Total equity and liabilities | 10/49 | €587,047 | €446,961 | -€140,085 | -23.9% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Amounts payable | 17/49 | €566,587 | €426,501 | -€140,085 | -24.7% |
| Amounts payable after more than one year | 17 | €132,610 | €118,172 | -€14,438 | -10.9% |
| Financial debts | 170/4 | €132,610 | €118,172 | -€14,438 | -10.9% |
| Amounts payable within one year | 42/48 | €324,873 | €308,263 | -€16,610 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €13,915 | €14,438 | +€523 | +3.8% |
| Financial debts | 43 | €17,316 | - | -€17,316 | |
| Credit institutions | 430/8 | €17,316 | - | -€17,316 | |
| Trade debts | 44 | €105,353 | €88,141 | -€17,212 | -16.3% |
| Suppliers | 440/4 | €105,353 | €88,141 | -€17,212 | -16.3% |
| Advances received on contracts in progress | 46 | - | €84,695 | +€84,695 | |
| Taxes, remuneration and social security | 45 | €48,058 | €70,453 | +€22,396 | +46.6% |
| Taxes | 450/3 | €29,955 | €49,331 | +€19,376 | +64.7% |
| Remuneration and social security | 454/9 | €18,103 | €21,123 | +€3,020 | +16.7% |
| Other amounts payable | 47/48 | €140,231 | €50,536 | -€89,696 | -64.0% |
| Accrued charges and deferred income | 492/3 | €109,103 | €66 | -€109,037 | -99.9% |
| Remuneration, social security and pensions | 62 | €104,734 | €165,402 | +€60,667 | +57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,604 | €25,841 | +€10,237 | +65.6% |
| Other operating charges | 640/8 | €942 | €1,763 | +€821 | +87.2% |
| Gross operating margin | 9900 | €214,349 | €264,747 | +€50,398 | +23.5% |
| Operating profit (loss) | 9901 | €93,068 | €71,741 | -€21,327 | -22.9% |
| Financial income | 75/76B | €372 | €109 | -€264 | -70.8% |
| Recurring financial income | 75 | €372 | €109 | -€264 | -70.8% |
| Financial charges | 65/66B | €6,275 | €8,325 | +€2,050 | +32.7% |
| Recurring financial charges | 65 | €6,275 | €8,325 | +€2,050 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €87,165 | €63,524 | -€23,641 | -27.1% |
| Income taxes | 67/77 | €17,077 | €17,330 | +€254 | +1.5% |
| Profit (loss) for the period | 9904 | €70,089 | €46,194 | -€23,894 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,089 | €46,194 | -€23,894 | -34.1% |
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 26 October 2026 via checked.be.