BUILD STRONGEST BEAST: what changed
BUILD STRONGEST BEAST
Largest movements
- Tangible fixed assets -€6,615
down €6,615 (-28.1%), from €23,521 to €16,906
of which Furniture and vehicles: -€6,105
- Receivables within one year -€5,685
down €5,685 (-6.7%), from €84,607 to €78,923
of which Trade receivables: -€3,940
- Cash +€5,432
up €5,432 (+26.1%), from €20,786 to €26,218
mainly Trade debts (+€10,589) and Depreciation (+€6,615)
- Other debts -€20,691
down €20,691 (-29.5%), from €70,081 to €49,390
- Trade debts +€10,589
up €10,589 (+35.9%), from €29,501 to €40,090
- Profit (loss) carried forward +€3,710
up €3,710 (+16.4%), from €22,633 to €26,343
- Gross operating margin -€2,736
down €2,736 (-18.3%), from €14,930 to €12,194
- Taxes -€579
down €579 (-35.9%), from €1,613 to €1,034
- Depreciation +€490
up €490 (+8.0%), from €6,125 to €6,615
- Financial charges -€225
down €225 (-33.9%), from €665 to €440
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,081 | €123,057 | -€7,024 | -5.4% |
| Fixed assets | 21/28 | €23,521 | €16,906 | -€6,615 | -28.1% |
| Tangible fixed assets | 22/27 | €23,521 | €16,906 | -€6,615 | -28.1% |
| Plant, machinery and equipment | 23 | €2,529 | €2,019 | -€510 | -20.2% |
| Furniture and vehicles | 24 | €20,992 | €14,887 | -€6,105 | -29.1% |
| Current assets | 29/58 | €106,559 | €106,150 | -€409 | -0.4% |
| Amounts receivable within one year | 40/41 | €84,607 | €78,923 | -€5,685 | -6.7% |
| Trade receivables | 40 | €74,466 | €70,527 | -€3,940 | -5.3% |
| Other amounts receivable | 41 | €10,141 | €8,396 | -€1,745 | -17.2% |
| Cash at bank and in hand | 54/58 | €20,786 | €26,218 | +€5,432 | +26.1% |
| Deferred charges and accrued income | 490/1 | €1,166 | €1,009 | -€157 | -13.4% |
| Total equity and liabilities | 10/49 | €130,081 | €123,057 | -€7,024 | -5.4% |
| Equity | 10/15 | €28,833 | €32,543 | +€3,710 | +12.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,633 | €26,343 | +€3,710 | +16.4% |
| Amounts payable | 17/49 | €101,248 | €90,514 | -€10,734 | -10.6% |
| Amounts payable within one year | 42/48 | €101,248 | €90,514 | -€10,734 | -10.6% |
| Trade debts | 44 | €29,501 | €40,090 | +€10,589 | +35.9% |
| Suppliers | 440/4 | €29,501 | €40,090 | +€10,589 | +35.9% |
| Taxes, remuneration and social security | 45 | €1,666 | €1,034 | -€632 | -37.9% |
| Taxes | 450/3 | €1,666 | €1,034 | -€632 | -37.9% |
| Other amounts payable | 47/48 | €70,081 | €49,390 | -€20,691 | -29.5% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,125 | €6,615 | +€490 | +8.0% |
| Other operating charges | 640/8 | €384 | €395 | +€10 | +2.7% |
| Gross operating margin | 9900 | €14,930 | €12,194 | -€2,736 | -18.3% |
| Operating profit (loss) | 9901 | €8,421 | €5,184 | -€3,237 | -38.4% |
| Financial charges | 65/66B | €665 | €440 | -€225 | -33.9% |
| Recurring financial charges | 65 | €665 | €440 | -€225 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €7,755 | €4,744 | -€3,012 | -38.8% |
| Income taxes | 67/77 | €1,613 | €1,034 | -€579 | -35.9% |
| Profit (loss) for the period | 9904 | €6,143 | €3,710 | -€2,433 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,143 | €3,710 | -€2,433 | -39.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.