CF & A: 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.
CF & A
Largest movements
- Cash -€6,447
down €6,447 (-20.3%), from €31,721 to €25,274
mainly Other debts (-€6,441) and Net result for the year (-€939)
- Receivables within one year -€1,055
no longer reported in 2025 (was €1,055)
- Tangible fixed assets -€460
down €460 (-30.3%), from €1,517 to €1,057
of which Other tangible fixed assets: -€250
- Other debts -€6,441
down €6,441 (-94.6%), from €6,807 to €366
- Profit (loss) carried forward -€939
down €939 (-0.9%), from -€106,896 to -€107,835
- Tax, wage and social debts -€812
down €812 (-72.0%), from €1,127 to €315
- Gross operating margin +€6,458
up €6,458, from -€4,707 to €1,751
- Other operating charges -€610
down €610 (-25.3%), from €2,416 to €1,805
- Depreciation +€188
up €188 (+69.2%), from €272 to €460
- Taxes -€132
no longer reported in 2025 (was €132)
- Financial charges -€80
down €80 (-15.8%), from €504 to €424
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 | €38,957 | €30,675 | -€8,282 | -21.3% |
| Fixed assets | 21/28 | €3,577 | €3,117 | -€460 | -12.9% |
| Tangible fixed assets | 22/27 | €1,517 | €1,057 | -€460 | -30.3% |
| Furniture and vehicles | 24 | €1,028 | €818 | -€210 | -20.4% |
| Other tangible fixed assets | 26 | €488 | €238 | -€250 | -51.2% |
| Financial fixed assets | 28 | €2,060 | €2,060 | = | 0.0% |
| Current assets | 29/58 | €35,380 | €27,558 | -€7,822 | -22.1% |
| Amounts receivable within one year | 40/41 | €1,055 | - | -€1,055 | |
| Other amounts receivable | 41 | €1,055 | - | -€1,055 | |
| Cash at bank and in hand | 54/58 | €31,721 | €25,274 | -€6,447 | -20.3% |
| Deferred charges and accrued income | 490/1 | €2,604 | €2,284 | -€320 | -12.3% |
| Total equity and liabilities | 10/49 | €38,957 | €30,675 | -€8,282 | -21.3% |
| Equity | 10/15 | €30,384 | €29,445 | -€939 | -3.1% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €13,280 | €13,280 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €880 | €880 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,896 | -€107,835 | -€939 | -0.9% |
| Amounts payable | 17/49 | €8,572 | €1,230 | -€7,343 | -85.7% |
| Amounts payable within one year | 42/48 | €8,572 | €1,230 | -€7,343 | -85.7% |
| Trade debts | 44 | €639 | €548 | -€91 | -14.2% |
| Suppliers | 440/4 | €639 | €548 | -€91 | -14.2% |
| Taxes, remuneration and social security | 45 | €1,127 | €315 | -€812 | -72.0% |
| Taxes | 450/3 | €1,127 | €315 | -€812 | -72.0% |
| Other amounts payable | 47/48 | €6,807 | €366 | -€6,441 | -94.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272 | €460 | +€188 | +69.2% |
| Other operating charges | 640/8 | €2,416 | €1,805 | -€610 | -25.3% |
| Gross operating margin | 9900 | -€4,707 | €1,751 | +€6,458 | |
| Operating profit (loss) | 9901 | -€7,394 | -€515 | +€6,880 | +93.0% |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €504 | €424 | -€80 | -15.8% |
| Recurring financial charges | 65 | €504 | €424 | -€80 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,879 | -€939 | +€6,941 | +88.1% |
| Income taxes | 67/77 | €132 | - | -€132 | |
| Profit (loss) for the period | 9904 | -€8,011 | -€939 | +€7,072 | +88.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,011 | -€939 | +€7,072 | +88.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.