BRAND NEW: 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.
BRAND NEW
Largest movements
- Tangible fixed assets +€1,810
new in 2025: €1,810
of which Furniture and vehicles: +€1,810
- Receivables within one year -€702
down €702 (-66.3%), from €1,059 to €357
of which Trade receivables: -€1,059
- Deferred charges and accrued income -€406
no longer reported in 2025 (was €406)
- Cash +€30
up €30 (+5.7%), from €522 to €552
mainly Net result for the year (+€998) and Receivables within one year (+€702)
- Profit (loss) carried forward +€998
up €998 (+1.2%), from -€83,727 to -€82,729
- Other debts +€686
up €686 (+1.2%), from €58,011 to €58,697
- Trade debts -€521
down €521 (-65.3%), from €798 to €277
- Tax, wage and social debts -€368
no longer reported in 2025 (was €368)
- Accrued charges and deferred income -€64
no longer reported in 2025 (was €64)
- Gross operating margin +€3,692
up €3,692, from -€2,105 to €1,587
- Depreciation -€423
down €423 (-82.4%), from €513 to €90
- Taxes -€285
no longer reported in 2025 (was €285)
- Other operating charges -€127
down €127 (-21.9%), from €580 to €453
- Financial charges -€49
down €49 (-48.2%), from €101 to €52
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 | €1,987 | €2,719 | +€732 | +36.8% |
| Fixed assets | 21/28 | - | €1,810 | +€1,810 | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €1,810 | +€1,810 | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €1,810 | +€1,810 | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Current assets | 29/58 | €1,987 | €909 | -€1,078 | -54.3% |
| Amounts receivable within one year | 40/41 | €1,059 | €357 | -€702 | -66.3% |
| Trade receivables | 40 | €1,059 | - | -€1,059 | |
| Other amounts receivable | 41 | - | €357 | +€357 | |
| Cash at bank and in hand | 54/58 | €522 | €552 | +€30 | +5.7% |
| Deferred charges and accrued income | 490/1 | €406 | - | -€406 | |
| Total equity and liabilities | 10/49 | €1,987 | €2,719 | +€732 | +36.8% |
| Equity | 10/15 | -€57,254 | -€56,256 | +€998 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,873 | €7,873 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | +€0 | 0.0% |
| Distributable reserves | 133 | €6,014 | €6,014 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€83,727 | -€82,729 | +€998 | +1.2% |
| Amounts payable | 17/49 | €59,241 | €58,974 | -€267 | -0.5% |
| Amounts payable within one year | 42/48 | €59,177 | €58,974 | -€203 | -0.3% |
| Trade debts | 44 | €798 | €277 | -€521 | -65.3% |
| Suppliers | 440/4 | €798 | €277 | -€521 | -65.3% |
| Taxes, remuneration and social security | 45 | €368 | - | -€368 | |
| Taxes | 450/3 | €368 | - | -€368 | |
| Other amounts payable | 47/48 | €58,011 | €58,697 | +€686 | +1.2% |
| Accrued charges and deferred income | 492/3 | €64 | - | -€64 | |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €513 | €90 | -€423 | -82.4% |
| Other operating charges | 640/8 | €580 | €453 | -€127 | -21.9% |
| Gross operating margin | 9900 | -€2,105 | €1,587 | +€3,692 | |
| Operating profit (loss) | 9901 | -€3,198 | €1,043 | +€4,241 | |
| Financial income | 75/76B | €23 | €7 | -€16 | -69.6% |
| Recurring financial income | 75 | €23 | €7 | -€16 | -69.6% |
| Financial charges | 65/66B | €101 | €52 | -€49 | -48.2% |
| Recurring financial charges | 65 | €101 | €52 | -€49 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,276 | €998 | +€4,274 | |
| Income taxes | 67/77 | €285 | - | -€285 | |
| Profit (loss) for the period | 9904 | -€3,561 | €998 | +€4,559 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,561 | €998 | +€4,559 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.