BANDE A PART: 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.
BANDE A PART
Largest movements
- Receivables within one year -€343,182
down €343,182 (-48.2%), from €712,557 to €369,375
of which Trade receivables: -€367,201
- Trade debts -€165,992
down €165,992 (-63.6%), from €261,154 to €95,163
- Profit (loss) carried forward -€125,707
down €125,707 (-68.4%), from €183,694 to €57,986
- Debts after one year -€43,721
down €43,721 (-30.0%), from €145,777 to €102,056
- Tax, wage and social debts -€17,344
down €17,344 (-27.5%), from €62,997 to €45,653
of which Taxes: -€19,281
- Gross operating margin -€104,650
down €104,650, from €83,417 to -€21,233
- Taxes +€34,809
up €34,809 (+884%), from €3,937 to €38,746
- Staff costs +€5,513
up €5,513 (+17.8%), from €30,939 to €36,452
- Depreciation -€5,368
down €5,368 (-25.8%), from €20,818 to €15,450
- Financial charges +€3,734
up €3,734 (+56.4%), from €6,620 to €10,354
of which Financial charges: +€1,934
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 | €735,879 | €385,589 | -€350,290 | -47.6% |
| Fixed assets | 21/28 | €23,322 | €16,194 | -€7,128 | -30.6% |
| Tangible fixed assets | 22/27 | €23,024 | €15,896 | -€7,128 | -31.0% |
| Furniture and vehicles | 24 | €23,024 | €15,896 | -€7,128 | -31.0% |
| Financial fixed assets | 28 | €297 | €297 | = | 0.0% |
| Current assets | 29/58 | €712,557 | €369,395 | -€343,162 | -48.2% |
| Amounts receivable within one year | 40/41 | €712,557 | €369,375 | -€343,182 | -48.2% |
| Trade receivables | 40 | €660,051 | €292,850 | -€367,201 | -55.6% |
| Other amounts receivable | 41 | €52,506 | €76,525 | +€24,018 | +45.7% |
| Cash at bank and in hand | 54/58 | - | €20 | +€20 | |
| Total equity and liabilities | 10/49 | €735,879 | €385,589 | -€350,290 | -47.6% |
| Equity | 10/15 | €193,709 | €68,002 | -€125,707 | -64.9% |
| Contributions | 10/11 | €7,933 | €7,933 | = | 0.0% |
| Capital | 10 | €7,933 | €7,933 | = | 0.0% |
| Issued capital | 100 | €19,831 | €19,831 | = | 0.0% |
| Uncalled capital | 101 | €11,899 | €11,899 | = | 0.0% |
| Reserves | 13 | €2,083 | €2,083 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,083 | €2,083 | = | 0.0% |
| Legal reserve | 130 | €2,083 | €2,083 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,694 | €57,986 | -€125,707 | -68.4% |
| Amounts payable | 17/49 | €542,169 | €317,587 | -€224,582 | -41.4% |
| Amounts payable after more than one year | 17 | €145,777 | €102,056 | -€43,721 | -30.0% |
| Other amounts payable | 178/9 | €145,777 | €102,056 | -€43,721 | -30.0% |
| Amounts payable within one year | 42/48 | €396,392 | €215,531 | -€180,861 | -45.6% |
| Financial debts | 43 | €72,241 | €74,715 | +€2,474 | +3.4% |
| Credit institutions | 430/8 | €70,000 | €70,000 | = | 0.0% |
| Other loans | 439 | €2,241 | €4,715 | +€2,474 | +110% |
| Trade debts | 44 | €261,154 | €95,163 | -€165,992 | -63.6% |
| Suppliers | 440/4 | €261,154 | €95,163 | -€165,992 | -63.6% |
| Taxes, remuneration and social security | 45 | €62,997 | €45,653 | -€17,344 | -27.5% |
| Taxes | 450/3 | €58,281 | €39,000 | -€19,281 | -33.1% |
| Remuneration and social security | 454/9 | €4,716 | €6,653 | +€1,937 | +41.1% |
| Remuneration, social security and pensions | 62 | €30,939 | €36,452 | +€5,513 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,818 | €15,450 | -€5,368 | -25.8% |
| Other operating charges | 640/8 | €1,063 | €3,182 | +€2,119 | +199% |
| Non-recurring operating charges | 66A | €7,946 | €291 | -€7,655 | -96.3% |
| Gross operating margin | 9900 | €83,417 | -€21,233 | -€104,650 | |
| Operating profit (loss) | 9901 | €22,652 | -€76,607 | -€99,259 | |
| Financial income | 75/76B | €1,518 | - | -€1,518 | |
| Recurring financial income | 75 | €1,518 | - | -€1,518 | |
| Financial charges | 65/66B | €6,620 | €10,354 | +€3,734 | +56.4% |
| Recurring financial charges | 65 | €6,620 | €8,554 | +€1,934 | +29.2% |
| Non-recurring financial charges | 66B | - | €1,800 | +€1,800 | |
| Profit (loss) for the period before taxes | 9903 | €17,551 | -€86,961 | -€104,512 | |
| Income taxes | 67/77 | €3,937 | €38,746 | +€34,809 | +884% |
| Profit (loss) for the period | 9904 | €13,614 | -€125,707 | -€139,321 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,614 | -€125,707 | -€139,321 |
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 17 October 2026 via checked.be.