BL: 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.
BL
Largest movements
- Tangible fixed assets +€22,959
up €22,959 (+443.3%), from €5,180 to €28,138
of which Furniture and vehicles: +€23,298
- Receivables within one year -€5,703
down €5,703 (-62.1%), from €9,178 to €3,476
of which Other amounts receivable: -€4,837
- Cash +€841
up €841 (+198.5%), from €423 to €1,264
mainly Other debts (+€18,156) and Receivables within one year (+€5,703)
- Other debts +€18,156
new in 2025: €18,156
- Tax, wage and social debts +€1,044
up €1,044 (+125.2%), from €834 to €1,878
- Profit (loss) carried forward -€938
down €938 (-10.0%), from -€9,351 to -€10,289
- Gross operating margin +€2,994
up €2,994, from -€1,985 to €1,008
- Depreciation +€635
up €635 (+114.5%), from €554 to €1,189
- Financial income -€173
no longer reported in 2025 (was €173)
- Other operating charges +€41
up €41 (+7.2%), from €566 to €607
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 | €14,781 | €33,201 | +€18,420 | +124.6% |
| Fixed assets | 21/28 | €5,180 | €28,138 | +€22,959 | +443.3% |
| Tangible fixed assets | 22/27 | €5,180 | €28,138 | +€22,959 | +443.3% |
| Land and buildings | 22 | €1,541 | €1,027 | -€514 | -33.3% |
| Plant, machinery and equipment | 23 | - | €543 | +€543 | |
| Furniture and vehicles | 24 | - | €23,298 | +€23,298 | |
| Other tangible fixed assets | 26 | €3,639 | €3,271 | -€368 | -10.1% |
| Current assets | 29/58 | €9,602 | €5,063 | -€4,539 | -47.3% |
| Amounts receivable within one year | 40/41 | €9,178 | €3,476 | -€5,703 | -62.1% |
| Trade receivables | 40 | €1,913 | €1,048 | -€865 | -45.2% |
| Other amounts receivable | 41 | €7,265 | €2,428 | -€4,837 | -66.6% |
| Cash at bank and in hand | 54/58 | €423 | €1,264 | +€841 | +198.5% |
| Deferred charges and accrued income | 490/1 | - | €323 | +€323 | |
| Total equity and liabilities | 10/49 | €14,781 | €33,201 | +€18,420 | +124.6% |
| Equity | 10/15 | €13,947 | €13,009 | -€938 | -6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,099 | €17,099 | = | 0.0% |
| Distributable reserves | 133 | €17,099 | €17,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,351 | -€10,289 | -€938 | -10.0% |
| Amounts payable | 17/49 | €834 | €20,192 | +€19,358 | +2321.6% |
| Amounts payable within one year | 42/48 | €834 | €20,192 | +€19,358 | +2321.6% |
| Trade debts | 44 | - | €158 | +€158 | |
| Suppliers | 440/4 | - | €158 | +€158 | |
| Taxes, remuneration and social security | 45 | €834 | €1,878 | +€1,044 | +125.2% |
| Taxes | 450/3 | €834 | €1,878 | +€1,044 | +125.2% |
| Other amounts payable | 47/48 | - | €18,156 | +€18,156 | |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €554 | €1,189 | +€635 | +114.5% |
| Other operating charges | 640/8 | €566 | €607 | +€41 | +7.2% |
| Gross operating margin | 9900 | -€1,985 | €1,008 | +€2,994 | |
| Operating profit (loss) | 9901 | -€3,106 | -€788 | +€2,318 | +74.6% |
| Financial income | 75/76B | €173 | - | -€173 | |
| Recurring financial income | 75 | €173 | - | -€173 | |
| Financial charges | 65/66B | €168 | €150 | -€18 | -10.7% |
| Recurring financial charges | 65 | €168 | €150 | -€18 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,101 | -€938 | +€2,163 | +69.7% |
| Profit (loss) for the period | 9904 | -€3,101 | -€938 | +€2,163 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,101 | -€938 | +€2,163 | +69.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.