BILANCIO+: 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.
BILANCIO+
Largest movements
- Cash +€77,154
up €77,154 (+124%), from €62,447 to €139,601
mainly Net result for the year (+€54,782) and Depreciation (+€11,410)
- Tangible fixed assets -€10,230
down €10,230 (-3.9%), from €264,120 to €253,890
of which Land and buildings: -€9,934
- Receivables within one year -€6,011
down €6,011 (-34.0%), from €17,668 to €11,658
of which Other amounts receivable: -€6,024
- Reserves +€54,782
up €54,782 (+19.3%), from €283,856 to €338,638
of which Distributable reserves: +€54,782
- Tax, wage and social debts +€5,682
up €5,682 (+715%), from €795 to €6,477
of which Taxes: +€5,664
- Gross operating margin +€27,464
up €27,464 (+39.5%), from €69,534 to €96,998
- Taxes +€7,292
up €7,292 (+52.2%), from €13,969 to €21,261
- Other operating charges +€2,478
up €2,478 (+97.1%), from €2,551 to €5,029
- Financial income +€1,250
up €1,250 (+167%), from €750 to €2,000
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 | €397,318 | €457,584 | +€60,267 | +15.2% |
| Fixed assets | 21/28 | €264,120 | €253,890 | -€10,230 | -3.9% |
| Tangible fixed assets | 22/27 | €264,120 | €253,890 | -€10,230 | -3.9% |
| Land and buildings | 22 | €262,714 | €252,780 | -€9,934 | -3.8% |
| Furniture and vehicles | 24 | €1,406 | €1,110 | -€296 | -21.0% |
| Current assets | 29/58 | €133,198 | €203,694 | +€70,496 | +52.9% |
| Amounts receivable within one year | 40/41 | €17,668 | €11,658 | -€6,011 | -34.0% |
| Trade receivables | 40 | €11,637 | €11,651 | +€13 | +0.1% |
| Other amounts receivable | 41 | €6,031 | €7 | -€6,024 | -99.9% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €62,447 | €139,601 | +€77,154 | +124% |
| Deferred charges and accrued income | 490/1 | €3,083 | €2,436 | -€647 | -21.0% |
| Total equity and liabilities | 10/49 | €397,318 | €457,584 | +€60,267 | +15.2% |
| Equity | 10/15 | €290,056 | €344,838 | +€54,782 | +18.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €283,856 | €338,638 | +€54,782 | +19.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €283,856 | €338,638 | +€54,782 | +19.3% |
| Amounts payable | 17/49 | €107,262 | €112,746 | +€5,484 | +5.1% |
| Amounts payable within one year | 42/48 | €106,082 | €111,538 | +€5,456 | +5.1% |
| Trade debts | 44 | €3,910 | €1,039 | -€2,871 | -73.4% |
| Suppliers | 440/4 | €3,910 | €1,039 | -€2,871 | -73.4% |
| Taxes, remuneration and social security | 45 | €795 | €6,477 | +€5,682 | +715% |
| Taxes | 450/3 | €749 | €6,413 | +€5,664 | +756% |
| Remuneration and social security | 454/9 | €46 | €64 | +€18 | +39.3% |
| Other amounts payable | 47/48 | €101,378 | €104,023 | +€2,645 | +2.6% |
| Accrued charges and deferred income | 492/3 | €1,179 | €1,208 | +€28 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,403 | €11,410 | +€7 | +0.1% |
| Other operating charges | 640/8 | €2,551 | €5,029 | +€2,478 | +97.1% |
| Gross operating margin | 9900 | €69,534 | €96,998 | +€27,464 | +39.5% |
| Operating profit (loss) | 9901 | €55,580 | €80,560 | +€24,979 | +44.9% |
| Financial income | 75/76B | €750 | €2,000 | +€1,250 | +167% |
| Recurring financial income | 75 | €750 | €2,000 | +€1,250 | +167% |
| Financial charges | 65/66B | €6,904 | €6,517 | -€387 | -5.6% |
| Recurring financial charges | 65 | €6,904 | €6,517 | -€387 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €49,427 | €76,043 | +€26,616 | +53.8% |
| Income taxes | 67/77 | €13,969 | €21,261 | +€7,292 | +52.2% |
| Profit (loss) for the period | 9904 | €35,458 | €54,782 | +€19,325 | +54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,458 | €54,782 | +€19,325 | +54.5% |
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 22 October 2026 via checked.be.