BOX911: 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.
BOX911
Largest movements
- Stocks and contracts -€279,213
down €279,213 (-78.1%), from €357,608 to €78,395
- Other debts -€279,798
down €279,798 (-62.4%), from €448,237 to €168,440
- Gross operating margin +€8,544
up €8,544, from -€7,122 to €1,423
- Other operating charges +€398
up €398 (+346%), from €115 to €513
- Financial income +€165
new in 2025: €165
- Financial charges +€153
up €153 (+294%), from €52 to €204
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 | €360,034 | €82,370 | -€277,664 | -77.1% |
| Current assets | 29/58 | €360,034 | €82,370 | -€277,664 | -77.1% |
| Stocks and contracts in progress | 3 | €357,608 | €78,395 | -€279,213 | -78.1% |
| Stocks | 30/36 | €357,608 | €78,395 | -€279,213 | -78.1% |
| Amounts receivable within one year | 40/41 | €703 | €13 | -€690 | -98.1% |
| Other amounts receivable | 41 | €703 | €13 | -€690 | -98.1% |
| Cash at bank and in hand | 54/58 | €814 | €3,040 | +€2,226 | +273% |
| Deferred charges and accrued income | 490/1 | €908 | €921 | +€12 | +1.4% |
| Total equity and liabilities | 10/49 | €360,034 | €82,370 | -€277,664 | -77.1% |
| Equity | 10/15 | -€90,552 | -€89,682 | +€870 | +1.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,552 | -€109,682 | +€870 | +0.8% |
| Amounts payable | 17/49 | €450,586 | €172,052 | -€278,534 | -61.8% |
| Amounts payable within one year | 42/48 | €450,586 | €172,052 | -€278,534 | -61.8% |
| Trade debts | 44 | €2,349 | €2,596 | +€247 | +10.5% |
| Suppliers | 440/4 | €2,349 | €2,596 | +€247 | +10.5% |
| Taxes, remuneration and social security | 45 | - | €1,016 | +€1,016 | |
| Taxes | 450/3 | - | €1,016 | +€1,016 | |
| Other amounts payable | 47/48 | €448,237 | €168,440 | -€279,798 | -62.4% |
| Other operating charges | 640/8 | €115 | €513 | +€398 | +346% |
| Gross operating margin | 9900 | -€7,122 | €1,423 | +€8,544 | |
| Operating profit (loss) | 9901 | -€7,237 | €909 | +€8,146 | |
| Financial income | 75/76B | - | €165 | +€165 | |
| Recurring financial income | 75 | - | €165 | +€165 | |
| Financial charges | 65/66B | €52 | €204 | +€153 | +294% |
| Recurring financial charges | 65 | €52 | €204 | +€153 | +294% |
| Profit (loss) for the period before taxes | 9903 | -€7,289 | €870 | +€8,158 | |
| Profit (loss) for the period | 9904 | -€7,289 | €870 | +€8,158 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,289 | €870 | +€8,158 |
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 17 October 2026 via checked.be.