CHALLENGE4YOU: 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.
CHALLENGE4YOU
Largest movements
- Cash -€74,910
down €74,910 (-58.9%), from €127,191 to €52,282
mainly Contributions, distributions and other (-€114,709) and Receivables within one year (-€26,557)
- Receivables within one year +€26,557
up €26,557, from €0 to €26,557
- Tangible fixed assets -€22,351
down €22,351 (-25.8%), from €86,687 to €64,336
of which Furniture and vehicles: -€21,544
- Receivables after one year -€21,783
down €21,783 (-6.5%), from €335,598 to €313,815
- Reserves -€69,983
down €69,983 (-9.3%), from €749,600 to €679,617
- Debts after one year -€19,467
down €19,467 (-32.0%), from €60,745 to €41,278
- Gross operating margin -€19,498
down €19,498 (-19.2%), from €101,620 to €82,122
- Taxes -€5,731
down €5,731 (-23.7%), from €24,174 to €18,443
- Financial charges +€1,660
up €1,660 (+68.9%), from €2,409 to €4,070
- Financial income -€1,609
down €1,609 (-14.9%), from €10,827 to €9,217
- Depreciation -€1,132
down €1,132 (-4.8%), from €23,483 to €22,351
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 | €847,551 | €755,085 | -€92,466 | -10.9% |
| Fixed assets | 21/28 | €86,687 | €64,336 | -€22,351 | -25.8% |
| Tangible fixed assets | 22/27 | €86,687 | €64,336 | -€22,351 | -25.8% |
| Furniture and vehicles | 24 | €85,880 | €64,336 | -€21,544 | -25.1% |
| Other tangible fixed assets | 26 | €807 | €0 | -€807 | -100.0% |
| Current assets | 29/58 | €760,863 | €690,748 | -€70,115 | -9.2% |
| Amounts receivable after more than one year | 29 | €335,598 | €313,815 | -€21,783 | -6.5% |
| Other amounts receivable | 291 | €335,598 | €313,815 | -€21,783 | -6.5% |
| Amounts receivable within one year | 40/41 | €0 | €26,557 | +€26,557 | |
| Other amounts receivable | 41 | €0 | €26,557 | +€26,557 | |
| Current investments | 50/53 | €296,996 | €296,996 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €127,191 | €52,282 | -€74,910 | -58.9% |
| Deferred charges and accrued income | 490/1 | €1,078 | €1,099 | +€21 | +1.9% |
| Total equity and liabilities | 10/49 | €847,551 | €755,085 | -€92,466 | -10.9% |
| Equity | 10/15 | €749,600 | €679,617 | -€69,983 | -9.3% |
| Reserves | 13 | €749,600 | €679,617 | -€69,983 | -9.3% |
| Distributable reserves | 133 | €749,600 | €679,617 | -€69,983 | -9.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €97,951 | €75,468 | -€22,483 | -23.0% |
| Amounts payable after more than one year | 17 | €60,745 | €41,278 | -€19,467 | -32.0% |
| Financial debts | 170/4 | €60,745 | €41,278 | -€19,467 | -32.0% |
| Amounts payable within one year | 42/48 | €36,487 | €33,322 | -€3,165 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €18,726 | €19,467 | +€742 | +4.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,476 | €5,060 | +€2,584 | +104.3% |
| Suppliers | 440/4 | €2,476 | €5,060 | +€2,584 | +104.3% |
| Taxes, remuneration and social security | 45 | €15,238 | €8,753 | -€6,486 | -42.6% |
| Taxes | 450/3 | €15,238 | €8,753 | -€6,486 | -42.6% |
| Other amounts payable | 47/48 | €47 | €42 | -€5 | -10.1% |
| Accrued charges and deferred income | 492/3 | €718 | €868 | +€150 | +20.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,483 | €22,351 | -€1,132 | -4.8% |
| Other operating charges | 640/8 | €942 | €1,750 | +€807 | +85.7% |
| Gross operating margin | 9900 | €101,620 | €82,122 | -€19,498 | -19.2% |
| Operating profit (loss) | 9901 | €77,194 | €58,021 | -€19,173 | -24.8% |
| Financial income | 75/76B | €10,827 | €9,217 | -€1,609 | -14.9% |
| Recurring financial income | 75 | €10,827 | €9,217 | -€1,609 | -14.9% |
| Financial charges | 65/66B | €2,409 | €4,070 | +€1,660 | +68.9% |
| Recurring financial charges | 65 | €2,409 | €4,070 | +€1,660 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | €85,612 | €63,169 | -€22,443 | -26.2% |
| Income taxes | 67/77 | €24,174 | €18,443 | -€5,731 | -23.7% |
| Profit (loss) for the period | 9904 | €61,438 | €44,726 | -€16,712 | -27.2% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €61,438 | €44,726 | -€16,712 | -27.2% |
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 2 October 2026 via checked.be.