COMMON SENSE MANAGEMENT: what changed
COMMON SENSE MANAGEMENT
Largest movements
- Cash +€55,888
up €55,888 (+84.2%), from €66,344 to €122,232
mainly Net result for the year (+€66,890) and Depreciation (+€30,752)
- Receivables within one year +€36,453
up €36,453 (+73.4%), from €49,653 to €86,105
of which Trade receivables: +€36,453
- Tangible fixed assets -€24,624
down €24,624 (-20.1%), from €122,734 to €98,110
of which Land and buildings: -€13,941
- Reserves +€66,500
up €66,500 (+88.7%), from €74,950 to €141,450
- Debts after one year -€16,134
down €16,134 (-15.9%), from €101,384 to €85,250
- Tax, wage and social debts +€12,403
up €12,403 (+74.9%), from €16,564 to €28,968
- Trade debts +€7,720
up €7,720 (+517%), from €1,493 to €9,214
- Other debts -€3,985
down €3,985 (-67.5%), from €5,905 to €1,920
- Gross operating margin +€54,660
up €54,660 (+69.2%), from €78,936 to €133,596
- Depreciation +€13,158
up €13,158 (+74.8%), from €17,594 to €30,752
- Taxes +€7,892
up €7,892 (+41.7%), from €18,930 to €26,822
- Financial charges -€3,618
down €3,618 (-34.9%), from €10,376 to €6,758
of which Non-recurring financial charges: -€2,953
- Other operating charges +€2,327
up €2,327 (+129%), from €1,801 to €4,128
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,879 | €309,583 | +€67,704 | +28.0% |
| Fixed assets | 21/28 | €122,734 | €98,110 | -€24,624 | -20.1% |
| Tangible fixed assets | 22/27 | €122,734 | €98,110 | -€24,624 | -20.1% |
| Land and buildings | 22 | €68,495 | €54,554 | -€13,941 | -20.4% |
| Plant, machinery and equipment | 23 | €162 | €32 | -€129 | -80.0% |
| Furniture and vehicles | 24 | €43,959 | €35,036 | -€8,923 | -20.3% |
| Other tangible fixed assets | 26 | €10,118 | €8,487 | -€1,631 | -16.1% |
| Current assets | 29/58 | €119,145 | €211,473 | +€92,328 | +77.5% |
| Amounts receivable within one year | 40/41 | €49,653 | €86,105 | +€36,453 | +73.4% |
| Trade receivables | 40 | €49,285 | €85,738 | +€36,453 | +74.0% |
| Other amounts receivable | 41 | €368 | €368 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,344 | €122,232 | +€55,888 | +84.2% |
| Deferred charges and accrued income | 490/1 | €3,149 | €3,136 | -€13 | -0.4% |
| Total equity and liabilities | 10/49 | €241,879 | €309,583 | +€67,704 | +28.0% |
| Equity | 10/15 | €100,406 | €167,297 | +€66,890 | +66.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €74,950 | €141,450 | +€66,500 | +88.7% |
| Distributable reserves | 133 | €74,950 | €141,450 | +€66,500 | +88.7% |
| Profit (loss) carried forward | 14 | €5,456 | €5,847 | +€390 | +7.2% |
| Amounts payable | 17/49 | €141,472 | €142,286 | +€813 | +0.6% |
| Amounts payable after more than one year | 17 | €101,384 | €85,250 | -€16,134 | -15.9% |
| Financial debts | 170/4 | €101,384 | €85,250 | -€16,134 | -15.9% |
| Amounts payable within one year | 42/48 | €39,413 | €56,235 | +€16,822 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | €15,450 | €16,134 | +€683 | +4.4% |
| Trade debts | 44 | €1,493 | €9,214 | +€7,720 | +517% |
| Suppliers | 440/4 | €1,493 | €9,214 | +€7,720 | +517% |
| Taxes, remuneration and social security | 45 | €16,564 | €28,968 | +€12,403 | +74.9% |
| Taxes | 450/3 | €16,564 | €28,968 | +€12,403 | +74.9% |
| Other amounts payable | 47/48 | €5,905 | €1,920 | -€3,985 | -67.5% |
| Accrued charges and deferred income | 492/3 | €675 | €800 | +€125 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,594 | €30,752 | +€13,158 | +74.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€368 | -€1,750 | -€1,383 | -376% |
| Other operating charges | 640/8 | €1,801 | €4,128 | +€2,327 | +129% |
| Gross operating margin | 9900 | €78,936 | €133,596 | +€54,660 | +69.2% |
| Operating profit (loss) | 9901 | €59,908 | €100,465 | +€40,558 | +67.7% |
| Financial income | 75/76B | €0 | €5 | +€5 | +49,900% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +49,900% |
| Financial charges | 65/66B | €10,376 | €6,758 | -€3,618 | -34.9% |
| Recurring financial charges | 65 | €5,876 | €5,211 | -€665 | -11.3% |
| Non-recurring financial charges | 66B | €4,500 | €1,547 | -€2,953 | -65.6% |
| Profit (loss) for the period before taxes | 9903 | €49,532 | €93,713 | +€44,181 | +89.2% |
| Income taxes | 67/77 | €18,930 | €26,822 | +€7,892 | +41.7% |
| Profit (loss) for the period | 9904 | €30,602 | €66,890 | +€36,288 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €30,602 | €66,890 | +€36,288 | +119% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.