BREATH: 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.
BREATH
Largest movements
- Cash +€54,807
up €54,807 (+84.2%), from €65,087 to €119,894
mainly Other debts (+€212,901) and Smaller working-capital items (+€200)
- Financial fixed assets +€52,409
up €52,409 (+10.4%), from €502,204 to €554,613
- Receivables within one year +€19,939
up €19,939 (+733.4%), from €2,719 to €22,658
of which Other amounts receivable: +€17,812
- Other debts +€212,901
up €212,901 (+36.3%), from €587,036 to €799,938
- Profit (loss) carried forward -€67,639
down €67,639 (-74.7%), from -€90,512 to -€158,152
- Trade debts -€18,307
down €18,307 (-76.2%), from €24,019 to €5,712
- Gross operating margin +€17,415
up €17,415 (+43.1%), from -€40,379 to -€22,965
- Financial charges +€6,121
up €6,121 (+34.8%), from €17,602 to €23,723
- Staff costs +€3,158
up €3,158 (+16.3%), from €19,318 to €22,476
- Financial income +€1,911
up €1,911 (+579184.8%), from €0 to €1,912
- Other operating charges -€692
down €692 (-64.1%), from €1,079 to €387
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 | €570,037 | €697,194 | +€127,157 | +22.3% |
| Fixed assets | 21/28 | €502,204 | €554,613 | +€52,409 | +10.4% |
| Financial fixed assets | 28 | €502,204 | €554,613 | +€52,409 | +10.4% |
| Current assets | 29/58 | €67,833 | €142,581 | +€74,749 | +110.2% |
| Amounts receivable within one year | 40/41 | €2,719 | €22,658 | +€19,939 | +733.4% |
| Trade receivables | 40 | €343 | €2,470 | +€2,127 | +621.0% |
| Other amounts receivable | 41 | €2,376 | €20,188 | +€17,812 | +749.6% |
| Cash at bank and in hand | 54/58 | €65,087 | €119,894 | +€54,807 | +84.2% |
| Deferred charges and accrued income | 490/1 | €27 | €30 | +€3 | +10.4% |
| Total equity and liabilities | 10/49 | €570,037 | €697,194 | +€127,157 | +22.3% |
| Equity | 10/15 | -€46,962 | -€114,602 | -€67,639 | -144.0% |
| Contributions | 10/11 | €43,550 | €43,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,512 | -€158,152 | -€67,639 | -74.7% |
| Amounts payable | 17/49 | €616,999 | €811,796 | +€194,797 | +31.6% |
| Amounts payable within one year | 42/48 | €616,999 | €811,796 | +€194,797 | +31.6% |
| Trade debts | 44 | €24,019 | €5,712 | -€18,307 | -76.2% |
| Suppliers | 440/4 | €24,019 | €5,712 | -€18,307 | -76.2% |
| Taxes, remuneration and social security | 45 | €5,944 | €6,147 | +€203 | +3.4% |
| Taxes | 450/3 | €25 | €30 | +€5 | +19.4% |
| Remuneration and social security | 454/9 | €5,919 | €6,117 | +€198 | +3.3% |
| Other amounts payable | 47/48 | €587,036 | €799,938 | +€212,901 | +36.3% |
| Remuneration, social security and pensions | 62 | €19,318 | €22,476 | +€3,158 | +16.3% |
| Other operating charges | 640/8 | €1,079 | €387 | -€692 | -64.1% |
| Gross operating margin | 9900 | -€40,379 | -€22,965 | +€17,415 | +43.1% |
| Operating profit (loss) | 9901 | -€60,777 | -€45,828 | +€14,949 | +24.6% |
| Financial income | 75/76B | €0 | €1,912 | +€1,911 | +579184.8% |
| Recurring financial income | 75 | €0 | €1,912 | +€1,911 | +579184.8% |
| Financial charges | 65/66B | €17,602 | €23,723 | +€6,121 | +34.8% |
| Recurring financial charges | 65 | €17,602 | €23,723 | +€6,121 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | -€78,378 | -€67,639 | +€10,739 | +13.7% |
| Profit (loss) for the period | 9904 | -€78,378 | -€67,639 | +€10,739 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€78,378 | -€67,639 | +€10,739 | +13.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.