BOX CORNER: 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.
BOX CORNER
Largest movements
- Receivables within one year +€221,887
up €221,887 (+1,550%), from €14,320 to €236,207
of which Trade receivables: +€219,280
- Tangible fixed assets -€38,335
down €38,335 (-100%), from €38,335 to €0
of which Plant, machinery and equipment: -€29,959
- Cash +€20,252
up €20,252 (+188%), from €10,768 to €31,020
mainly Trade debts (+€256,496) and Net result for the year (+€155,819)
- Financial fixed assets -€13,600
down €13,600 (-100%), from €13,600 to €0
- Trade debts +€256,496
up €256,496 (+992%), from €25,860 to €282,356
- Debts after one year -€186,119
down €186,119 (-100%), from €186,119 to €0
of which Other amounts payable: -€131,500
- Profit (loss) carried forward +€155,819
up €155,819 (+85.7%), from -€181,898 to -€26,080
- Current portion of long-term debt -€26,869
down €26,869 (-100%), from €26,869 to €0
- Other debts -€7,189
down €7,189 (-54.5%), from €13,189 to €6,000
- Gross operating margin +€218,754
up €218,754, from -€54,624 to €164,130
- Staff costs -€33,967
down €33,967 (-100%), from €33,967 to €0
- Depreciation -€19,139
down €19,139 (-100%), from €19,139 to €0
- Other operating charges -€6,396
down €6,396 (-85.5%), from €7,478 to €1,081
- Financial charges +€5,221
up €5,221 (+260%), from €2,008 to €7,230
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 | €77,042 | €267,227 | +€190,184 | +247% |
| Fixed assets | 21/28 | €51,935 | €0 | -€51,935 | -100% |
| Tangible fixed assets | 22/27 | €38,335 | €0 | -€38,335 | -100% |
| Plant, machinery and equipment | 23 | €29,959 | €0 | -€29,959 | -100% |
| Furniture and vehicles | 24 | €1,810 | €0 | -€1,810 | -100% |
| Other tangible fixed assets | 26 | €6,565 | €0 | -€6,565 | -100% |
| Financial fixed assets | 28 | €13,600 | €0 | -€13,600 | -100% |
| Current assets | 29/58 | €25,107 | €267,227 | +€242,120 | +964% |
| Amounts receivable within one year | 40/41 | €14,320 | €236,207 | +€221,887 | +1,550% |
| Trade receivables | 40 | €14,165 | €233,445 | +€219,280 | +1,548% |
| Other amounts receivable | 41 | €155 | €2,762 | +€2,607 | +1,684% |
| Cash at bank and in hand | 54/58 | €10,768 | €31,020 | +€20,252 | +188% |
| Deferred charges and accrued income | 490/1 | €19 | €0 | -€19 | -100% |
| Total equity and liabilities | 10/49 | €77,042 | €267,227 | +€190,184 | +247% |
| Equity | 10/15 | -€178,898 | -€23,080 | +€155,819 | +87.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€181,898 | -€26,080 | +€155,819 | +85.7% |
| Amounts payable | 17/49 | €255,941 | €290,306 | +€34,366 | +13.4% |
| Amounts payable after more than one year | 17 | €186,119 | €0 | -€186,119 | -100% |
| Financial debts | 170/4 | €54,619 | €0 | -€54,619 | -100% |
| Other amounts payable | 178/9 | €131,500 | €0 | -€131,500 | -100% |
| Amounts payable within one year | 42/48 | €66,989 | €288,356 | +€221,368 | +330% |
| Current portion of amounts payable after more than one year | 42 | €26,869 | €0 | -€26,869 | -100% |
| Trade debts | 44 | €25,860 | €282,356 | +€256,496 | +992% |
| Suppliers | 440/4 | €25,860 | €282,356 | +€256,496 | +992% |
| Taxes, remuneration and social security | 45 | €1,070 | €0 | -€1,070 | -100% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €1,070 | €0 | -€1,070 | -100% |
| Other amounts payable | 47/48 | €13,189 | €6,000 | -€7,189 | -54.5% |
| Accrued charges and deferred income | 492/3 | €2,833 | €1,950 | -€883 | -31.2% |
| Remuneration, social security and pensions | 62 | €33,967 | €0 | -€33,967 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,139 | €0 | -€19,139 | -100% |
| Other operating charges | 640/8 | €7,478 | €1,081 | -€6,396 | -85.5% |
| Gross operating margin | 9900 | -€54,624 | €164,130 | +€218,754 | |
| Operating profit (loss) | 9901 | -€115,208 | €163,048 | +€278,256 | |
| Financial income | 75/76B | €13 | €0 | -€13 | -100% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -100% |
| Financial charges | 65/66B | €2,008 | €7,230 | +€5,221 | +260% |
| Recurring financial charges | 65 | €2,008 | €7,230 | +€5,221 | +260% |
| Profit (loss) for the period before taxes | 9903 | -€117,203 | €155,819 | +€273,021 | |
| Profit (loss) for the period | 9904 | -€117,203 | €155,819 | +€273,021 | |
| Profit (loss) for the period to be appropriated | 9905 | -€117,203 | €155,819 | +€273,021 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.