BITS AND BYTES: 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.
BITS AND BYTES
Largest movements
- Tangible fixed assets -€136,444
down €136,444 (-5.9%), from €2.3m to €2.2m
of which Land and buildings: -€157,879
- Cash -€105,237
down €105,237 (-31.3%), from €335,987 to €230,751
mainly Net result for the year (-€212,009) and Other debts (-€99,645)
- Intangible fixed assets -€61,000
down €61,000 (-29.1%), from €209,964 to €148,964
- Receivables within one year -€50,112
down €50,112 (-27.2%), from €184,084 to €133,972
of which Trade receivables: -€50,133
- Reserves -€212,009
down €212,009 (-11.5%), from €1.8m to €1.6m
of which Tax-exempt reserves: -€132,797
- Other debts -€99,645
down €99,645 (-14.8%), from €673,268 to €573,622
- Debts after one year -€40,016
down €40,016 (-18.1%), from €220,635 to €180,619
- Gross operating margin -€405,565
down €405,565 (-59.6%), from €681,000 to €275,435
- Staff costs -€44,267
down €44,267 (-16.3%), from €271,607 to €227,339
- Write-downs -€18,918
down €18,918 (-332.8%), from -€5,684 to -€24,602
- Financial charges -€12,717
down €12,717 (-78.6%), from €16,175 to €3,458
- Other operating charges +€11,786
up €11,786 (+33.4%), from €35,294 to €47,080
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 | €3,205,999 | €2,838,371 | -€367,628 | -11.5% |
| Fixed assets | 21/28 | €2,527,456 | €2,330,012 | -€197,444 | -7.8% |
| Intangible fixed assets | 21 | €209,964 | €148,964 | -€61,000 | -29.1% |
| Tangible fixed assets | 22/27 | €2,317,492 | €2,181,047 | -€136,444 | -5.9% |
| Land and buildings | 22 | €2,289,424 | €2,131,544 | -€157,879 | -6.9% |
| Plant, machinery and equipment | 23 | €2,267 | €5,620 | +€3,353 | +147.9% |
| Furniture and vehicles | 24 | €25,801 | €43,883 | +€18,081 | +70.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €678,543 | €508,360 | -€170,183 | -25.1% |
| Stocks and contracts in progress | 3 | €151,540 | €137,152 | -€14,388 | -9.5% |
| Stocks | 30/36 | €151,540 | €137,152 | -€14,388 | -9.5% |
| Amounts receivable within one year | 40/41 | €184,084 | €133,972 | -€50,112 | -27.2% |
| Trade receivables | 40 | €184,084 | €133,951 | -€50,133 | -27.2% |
| Other amounts receivable | 41 | - | €21 | +€21 | |
| Cash at bank and in hand | 54/58 | €335,987 | €230,751 | -€105,237 | -31.3% |
| Deferred charges and accrued income | 490/1 | €6,932 | €6,484 | -€447 | -6.5% |
| Total equity and liabilities | 10/49 | €3,205,999 | €2,838,371 | -€367,628 | -11.5% |
| Equity | 10/15 | €2,098,136 | €1,886,127 | -€212,009 | -10.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €1,848,136 | €1,636,127 | -€212,009 | -11.5% |
| Non-distributable reserves | 130/1 | €31,200 | €31,200 | = | 0.0% |
| Legal reserve | 130 | €31,200 | €31,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €951,988 | €819,190 | -€132,797 | -13.9% |
| Distributable reserves | 133 | €864,948 | €785,737 | -€79,212 | -9.2% |
| Provisions and deferred taxes | 16 | €95,157 | €94,182 | -€975 | -1.0% |
| Deferred taxes | 168 | €95,157 | €94,182 | -€975 | -1.0% |
| Amounts payable | 17/49 | €1,012,706 | €858,063 | -€154,644 | -15.3% |
| Amounts payable after more than one year | 17 | €220,635 | €180,619 | -€40,016 | -18.1% |
| Financial debts | 170/4 | €220,635 | €180,619 | -€40,016 | -18.1% |
| Amounts payable within one year | 42/48 | €789,471 | €672,946 | -€116,525 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €39,697 | €40,016 | +€319 | +0.8% |
| Trade debts | 44 | €33,064 | €20,673 | -€12,392 | -37.5% |
| Suppliers | 440/4 | €33,064 | €20,673 | -€12,392 | -37.5% |
| Taxes, remuneration and social security | 45 | €43,442 | €38,635 | -€4,808 | -11.1% |
| Taxes | 450/3 | €19,277 | €13,621 | -€5,656 | -29.3% |
| Remuneration and social security | 454/9 | €24,165 | €25,014 | +€848 | +3.5% |
| Other amounts payable | 47/48 | €673,268 | €573,622 | -€99,645 | -14.8% |
| Accrued charges and deferred income | 492/3 | €2,600 | €4,498 | +€1,898 | +73.0% |
| Non-recurring operating income | 76A | €381,273 | €0 | -€381,273 | -100.0% |
| Remuneration, social security and pensions | 62 | €271,607 | €227,339 | -€44,267 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €236,619 | €242,492 | +€5,873 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,684 | -€24,602 | -€18,918 | -332.8% |
| Other operating charges | 640/8 | €35,294 | €47,080 | +€11,786 | +33.4% |
| Non-recurring operating charges | 66A | €2,443 | €175 | -€2,268 | -92.8% |
| Gross operating margin | 9900 | €681,000 | €275,435 | -€405,565 | -59.6% |
| Operating profit (loss) | 9901 | €140,723 | -€217,049 | -€357,772 | |
| Financial income | 75/76B | €1,920 | €9,014 | +€7,094 | +369.4% |
| Recurring financial income | 75 | €1,920 | €9,014 | +€7,094 | +369.4% |
| Financial charges | 65/66B | €16,175 | €3,458 | -€12,717 | -78.6% |
| Recurring financial charges | 65 | €16,175 | €3,458 | -€12,717 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | €126,467 | -€211,494 | -€337,961 | |
| Transfer from deferred taxes | 780 | €140 | €975 | +€835 | +595.0% |
| Transfer to deferred taxes | 680 | €95,298 | €0 | -€95,298 | -100.0% |
| Income taxes | 67/77 | €9,888 | €1,490 | -€8,397 | -84.9% |
| Profit (loss) for the period | 9904 | €21,423 | -€212,009 | -€233,432 | |
| Transfer from tax-exempt reserves | 789 | €129,202 | €132,797 | +€3,595 | +2.8% |
| Transfer to tax-exempt reserves | 689 | €285,893 | €0 | -€285,893 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€135,268 | -€79,212 | +€56,056 | +41.4% |
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 3 October 2026 via checked.be.