BY-SYSTEMS: 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.
BY-SYSTEMS
Largest movements
- Cash -€80,830
down €80,830 (-72.3%), from €111,785 to €30,955
mainly Trade debts (-€47,310) and Receivables within one year (-€33,683)
- Receivables within one year +€33,683
up €33,683 (+347.0%), from €9,707 to €43,390
of which Trade receivables: +€43,378
- Deferred charges and accrued income +€18,000
new in 2025: €18,000
- Trade debts -€47,310
down €47,310 (-96.4%), from €49,090 to €1,780
- Profit (loss) carried forward +€16,825
up €16,825 (+48.8%), from €34,482 to €51,307
- Tax, wage and social debts +€1,353
new in 2025: €1,353
- Purchases and services +€43,160
up €43,160 (+28.8%), from €150,014 to €193,175
- Gross operating margin -€24,111
down €24,111 (-42.8%), from €56,288 to €32,178
- Turnover +€18,800
up €18,800 (+9.1%), from €206,303 to €225,102
- Taxes +€15,811
new in 2025: €15,811
- Financial income +€3,037
up €3,037 (+1012400.0%), from €0 to €3,038
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 | €123,572 | €94,797 | -€28,776 | -23.3% |
| Fixed assets | 21/28 | €2,080 | €2,451 | +€371 | +17.8% |
| Tangible fixed assets | 22/27 | €2,080 | €2,451 | +€371 | +17.8% |
| Furniture and vehicles | 24 | €2,080 | €2,451 | +€371 | +17.8% |
| Current assets | 29/58 | €121,492 | €92,345 | -€29,147 | -24.0% |
| Amounts receivable within one year | 40/41 | €9,707 | €43,390 | +€33,683 | +347.0% |
| Trade receivables | 40 | - | €43,378 | +€43,378 | |
| Other amounts receivable | 41 | €9,707 | €12 | -€9,695 | -99.9% |
| Cash at bank and in hand | 54/58 | €111,785 | €30,955 | -€80,830 | -72.3% |
| Deferred charges and accrued income | 490/1 | - | €18,000 | +€18,000 | |
| Total equity and liabilities | 10/49 | €123,572 | €94,797 | -€28,776 | -23.3% |
| Equity | 10/15 | €74,482 | €91,307 | +€16,825 | +22.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,482 | €51,307 | +€16,825 | +48.8% |
| Amounts payable | 17/49 | €49,090 | €3,490 | -€45,601 | -92.9% |
| Amounts payable within one year | 42/48 | €49,090 | €3,490 | -€45,601 | -92.9% |
| Trade debts | 44 | €49,090 | €1,780 | -€47,310 | -96.4% |
| Suppliers | 440/4 | €49,090 | €1,780 | -€47,310 | -96.4% |
| Taxes, remuneration and social security | 45 | - | €1,353 | +€1,353 | |
| Taxes | 450/3 | - | €1,353 | +€1,353 | |
| Other amounts payable | 47/48 | - | €356 | +€356 | |
| Turnover | 70 | €206,303 | €225,102 | +€18,800 | +9.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €150,014 | €193,175 | +€43,160 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2 | €1,225 | +€1,223 | +64347.9% |
| Other operating charges | 640/8 | €1,644 | €448 | -€1,196 | -72.7% |
| Gross operating margin | 9900 | €56,288 | €32,178 | -€24,111 | -42.8% |
| Operating profit (loss) | 9901 | €54,642 | €30,505 | -€24,137 | -44.2% |
| Financial income | 75/76B | €0 | €3,038 | +€3,037 | +1012400.0% |
| Recurring financial income | 75 | €0 | €3,038 | +€3,037 | +1012400.0% |
| Financial charges | 65/66B | €161 | €906 | +€746 | +464.2% |
| Recurring financial charges | 65 | €161 | €906 | +€746 | +464.2% |
| Profit (loss) for the period before taxes | 9903 | €54,482 | €32,636 | -€21,846 | -40.1% |
| Income taxes | 67/77 | - | €15,811 | +€15,811 | |
| Profit (loss) for the period | 9904 | €54,482 | €16,825 | -€37,656 | -69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,482 | €16,825 | -€37,656 | -69.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.