CH@NGE: 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.
CH@NGE
Largest movements
- Receivables within one year -€25,909
down €25,909 (-31.6%), from €82,062 to €56,153
of which Other amounts receivable: -€30,009
- Cash -€9,813
down €9,813 (-67.3%), from €14,574 to €4,762
mainly Other debts (-€30,000) and Contributions, distributions and other (-€20,000)
- Other debts -€30,000
down €30,000 (-60.0%), from €50,000 to €20,000
- Profit (loss) carried forward +€7,991
up €7,991 (+141%), from €5,664 to €13,655
- Debts after one year -€5,000
down €5,000 (-37.0%), from €13,500 to €8,500
- Tax, wage and social debts -€4,983
down €4,983 (-24.3%), from €20,476 to €15,493
of which Remuneration and social security: -€6,749
- Advances received -€3,630
no longer reported in 2025 (was €3,630)
- Gross operating margin +€20,833
up €20,833 (+127%), from €16,455 to €37,288
- Taxes +€3,688
up €3,688 (+71.4%), from €5,162 to €8,849
- Other operating charges +€1,343
up €1,343 (+587%), from €229 to €1,572
- Financial income -€1,237
down €1,237 (-38.9%), from €3,181 to €1,943
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 | €104,391 | €67,935 | -€36,456 | -34.9% |
| Fixed assets | 21/28 | €7,755 | €7,020 | -€735 | -9.5% |
| Tangible fixed assets | 22/27 | €755 | €20 | -€735 | -97.4% |
| Furniture and vehicles | 24 | €755 | €20 | -€735 | -97.4% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €96,636 | €60,915 | -€35,722 | -37.0% |
| Amounts receivable within one year | 40/41 | €82,062 | €56,153 | -€25,909 | -31.6% |
| Trade receivables | 40 | €35,247 | €39,347 | +€4,100 | +11.6% |
| Other amounts receivable | 41 | €46,815 | €16,806 | -€30,009 | -64.1% |
| Cash at bank and in hand | 54/58 | €14,574 | €4,762 | -€9,813 | -67.3% |
| Total equity and liabilities | 10/49 | €104,391 | €67,935 | -€36,456 | -34.9% |
| Equity | 10/15 | €13,724 | €21,715 | +€7,991 | +58.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €5,664 | €13,655 | +€7,991 | +141% |
| Amounts payable | 17/49 | €90,667 | €46,220 | -€44,447 | -49.0% |
| Amounts payable after more than one year | 17 | €13,500 | €8,500 | -€5,000 | -37.0% |
| Other amounts payable | 178/9 | €13,500 | €8,500 | -€5,000 | -37.0% |
| Amounts payable within one year | 42/48 | €77,167 | €37,720 | -€39,447 | -51.1% |
| Trade debts | 44 | €3,061 | €2,227 | -€834 | -27.3% |
| Suppliers | 440/4 | €3,061 | €2,227 | -€834 | -27.3% |
| Advances received on contracts in progress | 46 | €3,630 | - | -€3,630 | |
| Taxes, remuneration and social security | 45 | €20,476 | €15,493 | -€4,983 | -24.3% |
| Taxes | 450/3 | €13,727 | €15,493 | +€1,766 | +12.9% |
| Remuneration and social security | 454/9 | €6,749 | - | -€6,749 | |
| Other amounts payable | 47/48 | €50,000 | €20,000 | -€30,000 | -60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €734 | €735 | +€0 | +0.1% |
| Other operating charges | 640/8 | €229 | €1,572 | +€1,343 | +587% |
| Gross operating margin | 9900 | €16,455 | €37,288 | +€20,833 | +127% |
| Operating profit (loss) | 9901 | €15,492 | €34,980 | +€19,489 | +126% |
| Financial income | 75/76B | €3,181 | €1,943 | -€1,237 | -38.9% |
| Recurring financial income | 75 | €3,181 | €1,943 | -€1,237 | -38.9% |
| Financial charges | 65/66B | €127 | €84 | -€43 | -33.8% |
| Recurring financial charges | 65 | €127 | €84 | -€43 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €18,546 | €36,840 | +€18,294 | +98.6% |
| Income taxes | 67/77 | €5,162 | €8,849 | +€3,688 | +71.4% |
| Profit (loss) for the period | 9904 | €13,384 | €27,991 | +€14,607 | +109% |
| Profit (loss) for the period to be appropriated | 9905 | €13,384 | €27,991 | +€14,607 | +109% |
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 21 October 2026 via checked.be.