cFOS: 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.
cFOS
Largest movements
- Cash +€116,540
up €116,540 (+20.5%), from €568,025 to €684,565
mainly Net result for the year (+€164,061) and Receivables within one year (+€7,720)
- Receivables within one year -€7,720
down €7,720 (-23.8%), from €32,414 to €24,694
of which Trade receivables: -€8,098
- Profit (loss) carried forward +€134,649
up €134,649 (+24.1%), from €557,794 to €692,443
- Tax, wage and social debts -€24,372
down €24,372 (-54.5%), from €44,696 to €20,324
- Gross operating margin -€60,210
down €60,210 (-21.7%), from €277,830 to €217,620
- Taxes -€16,627
down €16,627 (-24.5%), from €67,990 to €51,363
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 | €609,381 | €720,536 | +€111,155 | +18.2% |
| Fixed assets | 21/28 | €7,560 | €6,712 | -€848 | -11.2% |
| Tangible fixed assets | 22/27 | €7,560 | €6,712 | -€848 | -11.2% |
| Furniture and vehicles | 24 | €6,528 | €5,935 | -€593 | -9.1% |
| Other tangible fixed assets | 26 | €1,032 | €777 | -€255 | -24.7% |
| Current assets | 29/58 | €601,821 | €713,824 | +€112,003 | +18.6% |
| Amounts receivable within one year | 40/41 | €32,414 | €24,694 | -€7,720 | -23.8% |
| Trade receivables | 40 | €32,414 | €24,316 | -€8,098 | -25.0% |
| Other amounts receivable | 41 | - | €378 | +€378 | |
| Cash at bank and in hand | 54/58 | €568,025 | €684,565 | +€116,540 | +20.5% |
| Deferred charges and accrued income | 490/1 | €1,382 | €4,565 | +€3,182 | +230.2% |
| Total equity and liabilities | 10/49 | €609,381 | €720,536 | +€111,155 | +18.2% |
| Equity | 10/15 | €562,794 | €697,443 | +€134,649 | +23.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €557,794 | €692,443 | +€134,649 | +24.1% |
| Amounts payable | 17/49 | €46,587 | €23,093 | -€23,494 | -50.4% |
| Amounts payable within one year | 42/48 | €46,587 | €22,593 | -€23,994 | -51.5% |
| Trade debts | 44 | €1,415 | €2,269 | +€854 | +60.3% |
| Suppliers | 440/4 | €1,415 | €2,269 | +€854 | +60.3% |
| Taxes, remuneration and social security | 45 | €44,696 | €20,324 | -€24,372 | -54.5% |
| Taxes | 450/3 | €44,696 | €20,324 | -€24,372 | -54.5% |
| Other amounts payable | 47/48 | €476 | - | -€476 | |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,759 | €2,734 | +€974 | +55.4% |
| Other operating charges | 640/8 | €384 | €413 | +€28 | +7.3% |
| Non-recurring operating charges | 66A | - | €519 | +€519 | |
| Gross operating margin | 9900 | €277,830 | €217,620 | -€60,210 | -21.7% |
| Operating profit (loss) | 9901 | €275,686 | €213,955 | -€61,731 | -22.4% |
| Financial income | 75/76B | €345 | €2,526 | +€2,181 | +632.4% |
| Recurring financial income | 75 | €345 | €2,526 | +€2,181 | +632.4% |
| Financial charges | 65/66B | €1,299 | €1,057 | -€242 | -18.6% |
| Recurring financial charges | 65 | €1,299 | €1,057 | -€242 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €274,732 | €215,423 | -€59,309 | -21.6% |
| Income taxes | 67/77 | €67,990 | €51,363 | -€16,627 | -24.5% |
| Profit (loss) for the period | 9904 | €206,742 | €164,061 | -€42,681 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €206,742 | €164,061 | -€42,681 | -20.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.