CE & BE: 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.
CE & BE
Largest movements
- Tangible fixed assets +€57,407
up €57,407 (+4,905%), from €1,170 to €58,578
- Receivables within one year -€34,112
down €34,112 (-85.4%), from €39,936 to €5,824
of which Trade receivables: -€32,676
- Deferred charges and accrued income +€6,045
new in 2025: €6,045
- Cash +€2,537
up €2,537 (+114%), from €2,221 to €4,758
mainly Receivables within one year (+€34,112) and Debts after one year (+€15,875)
- Debts after one year +€15,875
new in 2025: €15,875
- Trade debts +€10,999
up €10,999 (+115%), from €9,577 to €20,576
- Tax, wage and social debts -€7,541
down €7,541 (-38.5%), from €19,586 to €12,045
of which Remuneration and social security: -€6,378
- Other debts +€7,330
up €7,330 (+902%), from €813 to €8,142
- Current portion of long-term debt +€4,733
new in 2025: €4,733
- Purchases and services -€72,002
no longer reported in 2025 (was €72,002)
- Staff costs +€16,775
new in 2025: €16,775
- Gross operating margin +€12,887
up €12,887 (+91.5%), from €14,089 to €26,976
- Depreciation +€3,119
up €3,119 (+256%), from €1,218 to €4,338
- Financial charges +€2,995
up €2,995 (+2,549%), from €118 to €3,112
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 | €44,828 | €76,705 | +€31,877 | +71.1% |
| Fixed assets | 21/28 | €2,670 | €60,078 | +€57,407 | +2,150% |
| Tangible fixed assets | 22/27 | €1,170 | €58,578 | +€57,407 | +4,905% |
| Plant, machinery and equipment | 23 | €1,170 | €13,114 | +€11,943 | +1,020% |
| Furniture and vehicles | 24 | - | €19,988 | +€19,988 | |
| Leasing and similar rights | 25 | - | €25,476 | +€25,476 | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €42,158 | €16,627 | -€25,530 | -60.6% |
| Amounts receivable within one year | 40/41 | €39,936 | €5,824 | -€34,112 | -85.4% |
| Trade receivables | 40 | €38,316 | €5,640 | -€32,676 | -85.3% |
| Other amounts receivable | 41 | €1,621 | €184 | -€1,436 | -88.6% |
| Cash at bank and in hand | 54/58 | €2,221 | €4,758 | +€2,537 | +114% |
| Deferred charges and accrued income | 490/1 | - | €6,045 | +€6,045 | |
| Total equity and liabilities | 10/49 | €44,828 | €76,705 | +€31,877 | +71.1% |
| Equity | 10/15 | €14,853 | €15,333 | +€480 | +3.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,853 | €10,333 | +€480 | +4.9% |
| Amounts payable | 17/49 | €29,975 | €61,372 | +€31,397 | +105% |
| Amounts payable after more than one year | 17 | - | €15,875 | +€15,875 | |
| Financial debts | 170/4 | - | €15,875 | +€15,875 | |
| Amounts payable within one year | 42/48 | €29,975 | €45,497 | +€15,522 | +51.8% |
| Current portion of amounts payable after more than one year | 42 | - | €4,733 | +€4,733 | |
| Trade debts | 44 | €9,577 | €20,576 | +€10,999 | +115% |
| Suppliers | 440/4 | €9,577 | €20,576 | +€10,999 | +115% |
| Taxes, remuneration and social security | 45 | €19,586 | €12,045 | -€7,541 | -38.5% |
| Taxes | 450/3 | €2,701 | €1,538 | -€1,163 | -43.1% |
| Remuneration and social security | 454/9 | €16,885 | €10,508 | -€6,378 | -37.8% |
| Other amounts payable | 47/48 | €813 | €8,142 | +€7,330 | +902% |
| Goods, raw materials, services and sundry goods | 60/61 | €72,002 | - | -€72,002 | |
| Remuneration, social security and pensions | 62 | - | €16,775 | +€16,775 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,218 | €4,338 | +€3,119 | +256% |
| Other operating charges | 640/8 | €200 | €777 | +€577 | +288% |
| Gross operating margin | 9900 | €14,089 | €26,976 | +€12,887 | +91.5% |
| Operating profit (loss) | 9901 | €12,671 | €5,087 | -€7,584 | -59.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €118 | €3,112 | +€2,995 | +2,549% |
| Recurring financial charges | 65 | €118 | €3,112 | +€2,995 | +2,549% |
| Profit (loss) for the period before taxes | 9903 | €12,554 | €1,978 | -€10,576 | -84.2% |
| Income taxes | 67/77 | €2,701 | €1,498 | -€1,203 | -44.5% |
| Profit (loss) for the period | 9904 | €9,853 | €480 | -€9,373 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,853 | €480 | -€9,373 | -95.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.