CO-MOVING: 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.
CO-MOVING
Largest movements
- Cash +€10,808
up €10,808 (+28.4%), from €38,073 to €48,882
mainly Net result for the year (+€14,772) and Receivables within one year (+€4,334)
- Receivables within one year -€4,334
down €4,334 (-72.0%), from €6,023 to €1,689
of which Trade receivables: -€6,023
- Tangible fixed assets +€1,033
new in 2025: €1,033
- Profit (loss) carried forward +€14,772
up €14,772 (+46.6%), from €31,692 to €46,465
- Tax, wage and social debts -€4,510
down €4,510 (-52.9%), from €8,527 to €4,016
- Trade debts -€2,296
down €2,296 (-99.7%), from €2,303 to €7
- Other debts -€738
no longer reported in 2025 (was €738)
- Gross operating margin -€21,674
down €21,674 (-51.8%), from €41,846 to €20,171
- Taxes -€4,510
down €4,510 (-52.9%), from €8,527 to €4,016
- Staff costs -€717
down €717 (-56.6%), from €1,268 to €551
- Depreciation +€490
up €490 (+208.0%), from €236 to €726
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 | €45,260 | €52,488 | +€7,227 | +16.0% |
| Formation expenses | 20 | €1,164 | €884 | -€280 | -24.0% |
| Fixed assets | 21/28 | - | €1,033 | +€1,033 | |
| Tangible fixed assets | 22/27 | - | €1,033 | +€1,033 | |
| Furniture and vehicles | 24 | - | €1,033 | +€1,033 | |
| Current assets | 29/58 | €44,096 | €50,570 | +€6,474 | +14.7% |
| Amounts receivable within one year | 40/41 | €6,023 | €1,689 | -€4,334 | -72.0% |
| Trade receivables | 40 | €6,023 | - | -€6,023 | |
| Other amounts receivable | 41 | - | €1,689 | +€1,689 | |
| Cash at bank and in hand | 54/58 | €38,073 | €48,882 | +€10,808 | +28.4% |
| Total equity and liabilities | 10/49 | €45,260 | €52,488 | +€7,227 | +16.0% |
| Equity | 10/15 | €33,692 | €48,465 | +€14,772 | +43.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,692 | €46,465 | +€14,772 | +46.6% |
| Amounts payable | 17/49 | €11,568 | €4,023 | -€7,545 | -65.2% |
| Amounts payable within one year | 42/48 | €11,568 | €4,023 | -€7,545 | -65.2% |
| Trade debts | 44 | €2,303 | €7 | -€2,296 | -99.7% |
| Suppliers | 440/4 | €2,303 | €7 | -€2,296 | -99.7% |
| Taxes, remuneration and social security | 45 | €8,527 | €4,016 | -€4,510 | -52.9% |
| Taxes | 450/3 | €8,527 | €4,016 | -€4,510 | -52.9% |
| Other amounts payable | 47/48 | €738 | - | -€738 | |
| Remuneration, social security and pensions | 62 | €1,268 | €551 | -€717 | -56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €236 | €726 | +€490 | +208.0% |
| Other operating charges | 640/8 | €101 | €66 | -€35 | -35.0% |
| Gross operating margin | 9900 | €41,846 | €20,171 | -€21,674 | -51.8% |
| Operating profit (loss) | 9901 | €40,241 | €18,829 | -€21,412 | -53.2% |
| Financial income | 75/76B | - | €116 | +€116 | |
| Recurring financial income | 75 | - | €116 | +€116 | |
| Financial charges | 65/66B | €22 | €157 | +€135 | +607.6% |
| Recurring financial charges | 65 | €22 | €157 | +€135 | +607.6% |
| Profit (loss) for the period before taxes | 9903 | €40,219 | €18,789 | -€21,430 | -53.3% |
| Income taxes | 67/77 | €8,527 | €4,016 | -€4,510 | -52.9% |
| Profit (loss) for the period | 9904 | €31,692 | €14,772 | -€16,920 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,692 | €14,772 | -€16,920 | -53.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.