BUSINESS OFFICES: what changed
Position among the sector peers
Sector benchmark: create a free account or sign in to use this tool.
You see every sector peer as a dot per ratio, with the company in two financial years and every ratio over five years against the sector.
What moved between 2025 and 2026
Largest movements
- Receivables within one year +€885,389
up €885,389 (+14,280%), from €6,200 to €891,590
- Current investments -€694,263
down €694,263 (-100%), from €694,263 to €0
- Cash -€346,549
down €346,549 (-32.1%), from €1.1m to €731,681
mainly Contributions, distributions and other (-€1.6m) and Receivables within one year (-€885,389)
- Receivables after one year -€37,523
down €37,523 (-100%), from €37,523 to €0
- Other debts +€1.6m
up €1.6m (+17,391%), from €9,281 to €1.6m
- Reserves -€1.5m
down €1.5m (-100%), from €1.5m to €0
of which Distributable reserves: -€1.5m
- Tax, wage and social debts -€177,299
down €177,299 (-100%), from €177,299 to €0
- Contributions -€81,805
down €81,805 (-100%), from €81,805 to €0
- Gross operating margin -€1.0m
down €1.0m, from €1.0m to -€27,434
- Taxes -€380,793
down €380,793 (-100%), from €380,793 to €0
- Financial income -€42,661
down €42,661 (-59.7%), from €71,437 to €28,776
of which Financial income: -€42,661
- Other operating charges -€28,401
down €28,401 (-100%), from €28,401 to €0
- Financial charges -€18,832
down €18,832 (-93.8%), from €20,081 to €1,248
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,822,288 | €1,623,271 | -€199,017 | -10.9% |
| Fixed assets | 21/28 | €3,782 | €0 | -€3,782 | -100% |
| Tangible fixed assets | 22/27 | €3,782 | €0 | -€3,782 | -100% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €294 | €0 | -€294 | -100% |
| Other tangible fixed assets | 26 | €3,488 | €0 | -€3,488 | -100% |
| Current assets | 29/58 | €1,818,506 | €1,623,271 | -€195,235 | -10.7% |
| Amounts receivable after more than one year | 29 | €37,523 | €0 | -€37,523 | -100% |
| Other amounts receivable | 291 | €37,523 | €0 | -€37,523 | -100% |
| Amounts receivable within one year | 40/41 | €6,200 | €891,590 | +€885,389 | +14,280% |
| Other amounts receivable | 41 | €6,200 | €891,590 | +€885,389 | +14,280% |
| Current investments | 50/53 | €694,263 | €0 | -€694,263 | -100% |
| Cash at bank and in hand | 54/58 | €1,078,230 | €731,681 | -€346,549 | -32.1% |
| Deferred charges and accrued income | 490/1 | €2,290 | €0 | -€2,290 | -100% |
| Total equity and liabilities | 10/49 | €1,822,288 | €1,623,271 | -€199,017 | -10.9% |
| Equity | 10/15 | €1,625,059 | €0 | -€1.6m | -100% |
| Contributions | 10/11 | €81,805 | €0 | -€81,805 | -100% |
| Reserves | 13 | €1,543,254 | €0 | -€1.5m | -100% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €1,543,254 | €0 | -€1.5m | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €197,229 | €1,623,271 | +€1.4m | +723% |
| Amounts payable within one year | 42/48 | €193,756 | €1,623,271 | +€1.4m | +738% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €7,176 | €0 | -€7,176 | -100% |
| Suppliers | 440/4 | €7,176 | €0 | -€7,176 | -100% |
| Taxes, remuneration and social security | 45 | €177,299 | €0 | -€177,299 | -100% |
| Taxes | 450/3 | €177,299 | €0 | -€177,299 | -100% |
| Other amounts payable | 47/48 | €9,281 | €1,623,271 | +€1.6m | +17,391% |
| Accrued charges and deferred income | 492/3 | €3,473 | €0 | -€3,473 | -100% |
| Non-recurring operating income | 76A | €1,052,495 | €0 | -€1.1m | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,791 | €0 | -€5,791 | -100% |
| Other operating charges | 640/8 | €28,401 | €0 | -€28,401 | -100% |
| Non-recurring operating charges | 66A | - | €1,882 | +€1,882 | |
| Gross operating margin | 9900 | €1,020,143 | -€27,434 | -€1.0m | |
| Operating profit (loss) | 9901 | €985,952 | -€29,316 | -€1.0m | |
| Financial income | 75/76B | €71,437 | €28,776 | -€42,661 | -59.7% |
| Recurring financial income | 75 | €71,437 | €28,776 | -€42,661 | -59.7% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €20,081 | €1,248 | -€18,832 | -93.8% |
| Recurring financial charges | 65 | €20,081 | €1,248 | -€18,832 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €1,037,308 | -€1,788 | -€1.0m | |
| Transfer from deferred taxes | 780 | €53,460 | €0 | -€53,460 | -100% |
| Income taxes | 67/77 | €380,793 | €0 | -€380,793 | -100% |
| Profit (loss) for the period | 9904 | €709,975 | -€1,788 | -€711,764 | |
| Transfer from tax-exempt reserves | 789 | €160,380 | €0 | -€160,380 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €870,355 | -€1,788 | -€872,143 |
Value
A value from the accounts assumes the company carries on.
Next steps
Calculation and sources
Source: filed annual accounts (NBB) and main activity (KBO). The movements compare the financial years ended 30 June 2025 and 29 April 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 12 November 2026 via checked.be.