CLOSE TO YOU: 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.
CLOSE TO YOU
Largest movements
- Cash +€68,206
up €68,206 (+267%), from €25,587 to €93,793
mainly Debts after one year (+€50,000) and Net result for the year (+€19,799)
- Formation expenses -€3,984
down €3,984 (-38.0%), from €10,484 to €6,500
- Receivables within one year -€3,800
down €3,800 (-12.1%), from €31,484 to €27,684
of which Trade receivables: -€3,202
- Debts after one year +€50,000
new in 2025: €50,000
- Reserves +€19,799
up €19,799 (+660%), from €2,998 to €22,797
- Tax, wage and social debts -€9,334
down €9,334 (-23.7%), from €39,316 to €29,982
of which Taxes: -€6,354
- Staff costs -€5,521
down €5,521 (-4.4%), from €125,774 to €120,254
- Taxes +€3,539
up €3,539 (+158%), from €2,236 to €5,775
- Gross operating margin +€1,841
up €1,841 (+1.2%), from €148,866 to €150,707
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 | €69,551 | €129,273 | +€59,722 | +85.9% |
| Formation expenses | 20 | €10,484 | €6,500 | -€3,984 | -38.0% |
| Fixed assets | 21/28 | €1,830 | €1,109 | -€721 | -39.4% |
| Tangible fixed assets | 22/27 | €1,830 | €1,109 | -€721 | -39.4% |
| Furniture and vehicles | 24 | €1,830 | €1,109 | -€721 | -39.4% |
| Current assets | 29/58 | €57,237 | €121,663 | +€64,427 | +113% |
| Amounts receivable within one year | 40/41 | €31,484 | €27,684 | -€3,800 | -12.1% |
| Trade receivables | 40 | €30,886 | €27,684 | -€3,202 | -10.4% |
| Other amounts receivable | 41 | €598 | - | -€598 | |
| Cash at bank and in hand | 54/58 | €25,587 | €93,793 | +€68,206 | +267% |
| Deferred charges and accrued income | 490/1 | €166 | €186 | +€21 | +12.4% |
| Total equity and liabilities | 10/49 | €69,551 | €129,273 | +€59,722 | +85.9% |
| Equity | 10/15 | €8,998 | €28,797 | +€19,799 | +220% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €2,998 | €22,797 | +€19,799 | +660% |
| Distributable reserves | 133 | €2,998 | €22,797 | +€19,799 | +660% |
| Amounts payable | 17/49 | €60,553 | €100,476 | +€39,923 | +65.9% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €59,908 | €50,163 | -€9,745 | -16.3% |
| Trade debts | 44 | €20,592 | €20,181 | -€411 | -2.0% |
| Suppliers | 440/4 | €20,592 | €20,181 | -€411 | -2.0% |
| Taxes, remuneration and social security | 45 | €39,316 | €29,982 | -€9,334 | -23.7% |
| Taxes | 450/3 | €16,157 | €9,803 | -€6,354 | -39.3% |
| Remuneration and social security | 454/9 | €23,159 | €20,179 | -€2,980 | -12.9% |
| Accrued charges and deferred income | 492/3 | €645 | €314 | -€332 | -51.4% |
| Remuneration, social security and pensions | 62 | €125,774 | €120,254 | -€5,521 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,705 | €4,705 | = | 0.0% |
| Other operating charges | 640/8 | €959 | €128 | -€831 | -86.6% |
| Gross operating margin | 9900 | €148,866 | €150,707 | +€1,841 | +1.2% |
| Operating profit (loss) | 9901 | €17,428 | €25,621 | +€8,193 | +47.0% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €136 | €46 | -€89 | -65.8% |
| Recurring financial charges | 65 | €136 | €46 | -€89 | -65.8% |
| Profit (loss) for the period before taxes | 9903 | €17,303 | €25,574 | +€8,272 | +47.8% |
| Income taxes | 67/77 | €2,236 | €5,775 | +€3,539 | +158% |
| Profit (loss) for the period | 9904 | €15,066 | €19,799 | +€4,733 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,066 | €19,799 | +€4,733 | +31.4% |
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 29 October 2026 via checked.be.