COMMONSENSE: 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.
COMMONSENSE
Largest movements
- Receivables within one year -€30,588
down €30,588 (-28.5%), from €107,453 to €76,865
of which Trade receivables: -€30,583
- Cash +€5,701
up €5,701 (+12.9%), from €44,305 to €50,006
mainly Receivables within one year (+€30,588) and Net result for the year (+€9,432)
- Tangible fixed assets +€4,804
up €4,804 (+23.3%), from €20,623 to €25,427
of which Other tangible fixed assets: +€7,340
- Financial fixed assets -€4,469
down €4,469 (-27.0%), from €16,562 to €12,093
- Tax, wage and social debts -€13,335
down €13,335 (-70.8%), from €18,824 to €5,489
- Trade debts -€11,772
down €11,772 (-22.6%), from €52,090 to €40,318
- Reserves +€8,599
up €8,599 (+9.2%), from €93,508 to €102,108
- Other debts -€6,515
down €6,515 (-70.2%), from €9,287 to €2,772
- Debts after one year -€2,035
down €2,035 (-24.7%), from €8,230 to €6,195
- Financial charges +€4,882
up €4,882 (+291.7%), from €1,674 to €6,556
- Gross operating margin -€4,267
down €4,267 (-13.2%), from €32,308 to €28,042
- Financial income +€2,487
up €2,487 (+375.2%), from €663 to €3,150
- Taxes -€1,553
down €1,553 (-19.6%), from €7,942 to €6,389
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 | €190,598 | €166,129 | -€24,469 | -12.8% |
| Fixed assets | 21/28 | €37,185 | €37,520 | +€335 | +0.9% |
| Tangible fixed assets | 22/27 | €20,623 | €25,427 | +€4,804 | +23.3% |
| Land and buildings | 22 | €4,840 | €2,625 | -€2,215 | -45.8% |
| Furniture and vehicles | 24 | €6,807 | €6,485 | -€321 | -4.7% |
| Other tangible fixed assets | 26 | €8,977 | €16,317 | +€7,340 | +81.8% |
| Financial fixed assets | 28 | €16,562 | €12,093 | -€4,469 | -27.0% |
| Current assets | 29/58 | €153,412 | €128,609 | -€24,804 | -16.2% |
| Amounts receivable within one year | 40/41 | €107,453 | €76,865 | -€30,588 | -28.5% |
| Trade receivables | 40 | €107,376 | €76,793 | -€30,583 | -28.5% |
| Other amounts receivable | 41 | €77 | €72 | -€5 | -6.3% |
| Cash at bank and in hand | 54/58 | €44,305 | €50,006 | +€5,701 | +12.9% |
| Deferred charges and accrued income | 490/1 | €1,654 | €1,737 | +€83 | +5.0% |
| Total equity and liabilities | 10/49 | €190,598 | €166,129 | -€24,469 | -12.8% |
| Equity | 10/15 | €99,708 | €108,308 | +€8,599 | +8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €93,508 | €102,108 | +€8,599 | +9.2% |
| Distributable reserves | 133 | €93,508 | €102,108 | +€8,599 | +9.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €90,889 | €57,821 | -€33,068 | -36.4% |
| Amounts payable after more than one year | 17 | €8,230 | €6,195 | -€2,035 | -24.7% |
| Financial debts | 170/4 | €8,230 | €6,195 | -€2,035 | -24.7% |
| Amounts payable within one year | 42/48 | €82,619 | €51,330 | -€31,288 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €1,991 | €2,035 | +€44 | +2.2% |
| Financial debts | 43 | €427 | €717 | +€290 | +67.9% |
| Credit institutions | 430/8 | €427 | €717 | +€290 | +67.9% |
| Trade debts | 44 | €52,090 | €40,318 | -€11,772 | -22.6% |
| Suppliers | 440/4 | €52,090 | €40,318 | -€11,772 | -22.6% |
| Taxes, remuneration and social security | 45 | €18,824 | €5,489 | -€13,335 | -70.8% |
| Taxes | 450/3 | €18,824 | €5,489 | -€13,335 | -70.8% |
| Other amounts payable | 47/48 | €9,287 | €2,772 | -€6,515 | -70.2% |
| Accrued charges and deferred income | 492/3 | €41 | €296 | +€255 | +623.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,251 | €8,126 | -€125 | -1.5% |
| Other operating charges | 640/8 | €636 | €688 | +€52 | +8.2% |
| Non-recurring operating charges | 66A | €239 | €0 | -€239 | -100.0% |
| Gross operating margin | 9900 | €32,308 | €28,042 | -€4,267 | -13.2% |
| Operating profit (loss) | 9901 | €23,182 | €19,227 | -€3,955 | -17.1% |
| Financial income | 75/76B | €663 | €3,150 | +€2,487 | +375.2% |
| Recurring financial income | 75 | €663 | €3,150 | +€2,487 | +375.2% |
| Financial charges | 65/66B | €1,674 | €6,556 | +€4,882 | +291.7% |
| Recurring financial charges | 65 | €1,674 | €6,556 | +€4,882 | +291.7% |
| Profit (loss) for the period before taxes | 9903 | €22,171 | €15,821 | -€6,350 | -28.6% |
| Income taxes | 67/77 | €7,942 | €6,389 | -€1,553 | -19.6% |
| Profit (loss) for the period | 9904 | €14,230 | €9,432 | -€4,797 | -33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,230 | €9,432 | -€4,797 | -33.7% |
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 3 October 2026 via checked.be.