COMMUNICATING PEOPLE: 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.
What changed
COMMUNICATING PEOPLE
NACE 73.200, Market research and public opinion polling
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€25,974
2024 · -€2,483-€23,491
Equity
€9.8m
2024 · €9.8m-€25,974
Cash
€33,442
2024 · €44,448-€11,006
Balance sheet total
€11.5m
2024 · €10.8m+€663,198
Largest movements
Assets
- Financial fixed assets +€686,275
up €686,275 (+6.8%), from €10.1m to €10.8m
- Receivables within one year -€117,778
down €117,778 (-66.2%), from €177,888 to €60,110
of which Trade receivables: -€109,126
Equity and liabilities
- Debts after one year +€630,155
up €630,155 (+75.2%), from €837,864 to €1.5m
of which Other amounts payable: +€577,025
Income statement
- Financial charges +€47,750
up €47,750 (+129%), from €36,909 to €84,659
- Gross operating margin +€18,454
up €18,454 (+16.0%), from €115,638 to €134,092
- Taxes -€8,921
down €8,921 (-94.8%), from €9,412 to €491
- Depreciation +€4,862
up €4,862 (+6.8%), from €71,296 to €76,157
- Financial income +€1,795
up €1,795 (+105%), from €1,705 to €3,500
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.
Result 2024
-€2,483
Gross operating margin
+€18,454
Depreciation
-€4,862
Other operating charges
-€49
Financial income
+€1,795
Financial charges
-€47,750
Taxes
+€8,921
Result 2025
-€25,974
raises the resultlowers the result
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.
From operations
+€185,894
Investment
-€835,391
Financing
+€638,491
Cash 2024
€44,448
From operations (derived)
+€185,894
Net result for the year
-€25,974
Depreciation
+€76,157
Receivables after one year
-€12,500
Receivables within one year
+€117,778
Deferred charges and accrued income
-€20,249
Trade debts
-€11,258
Tax, wage and social debts
-€7,689
Other debts
+€17,342
Accrued charges and deferred income
+€52,286
Investment (derived)
-€835,391
Investment in fixed assets (net)
-€835,391
Financing
+€638,491
Debts after one year
+€630,155
Current portion of long-term debt
+€8,335
Cash 2025
€33,442
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,826,674 | €11,489,872 | +€663,198 | +6.1% |
| Fixed assets | 21/28 | €10,549,774 | €11,309,007 | +€759,233 | +7.2% |
| Tangible fixed assets | 22/27 | €431,189 | €504,147 | +€72,959 | +16.9% |
| Land and buildings | 22 | €289,078 | €266,639 | -€22,439 | -7.8% |
| Plant, machinery and equipment | 23 | €98,417 | €74,176 | -€24,241 | -24.6% |
| Furniture and vehicles | 24 | €24,201 | €130,115 | +€105,914 | +438% |
| Assets under construction and advance payments | 27 | €19,492 | €33,217 | +€13,725 | +70.4% |
| Financial fixed assets | 28 | €10,118,585 | €10,804,860 | +€686,275 | +6.8% |
| Current assets | 29/58 | €276,900 | €180,865 | -€96,036 | -34.7% |
| Amounts receivable after more than one year | 29 | €50,000 | €62,500 | +€12,500 | +25.0% |
| Other amounts receivable | 291 | €50,000 | €62,500 | +€12,500 | +25.0% |
| Amounts receivable within one year | 40/41 | €177,888 | €60,110 | -€117,778 | -66.2% |
| Trade receivables | 40 | €141,805 | €32,679 | -€109,126 | -77.0% |
| Other amounts receivable | 41 | €36,083 | €27,431 | -€8,653 | -24.0% |
| Cash at bank and in hand | 54/58 | €44,448 | €33,442 | -€11,006 | -24.8% |
| Deferred charges and accrued income | 490/1 | €4,564 | €24,812 | +€20,249 | +444% |
| Total equity and liabilities | 10/49 | €10,826,674 | €11,489,872 | +€663,198 | +6.1% |
| Equity | 10/15 | €9,830,407 | €9,804,433 | -€25,974 | -0.3% |
| Contributions | 10/11 | €9,412,400 | €9,412,400 | = | 0.0% |
| Reserves | 13 | €420,060 | €420,060 | = | 0.0% |
| Distributable reserves | 133 | €420,060 | €420,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,053 | -€28,027 | -€25,974 | -1,265% |
| Amounts payable | 17/49 | €996,267 | €1,685,439 | +€689,172 | +69.2% |
| Amounts payable after more than one year | 17 | €837,864 | €1,468,020 | +€630,155 | +75.2% |
| Financial debts | 170/4 | €62,864 | €115,995 | +€53,130 | +84.5% |
| Other amounts payable | 178/9 | €775,000 | €1,352,025 | +€577,025 | +74.5% |
| Amounts payable within one year | 42/48 | €130,339 | €137,069 | +€6,730 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €39,083 | €47,418 | +€8,335 | +21.3% |
| Trade debts | 44 | €25,010 | €13,751 | -€11,258 | -45.0% |
| Suppliers | 440/4 | €25,010 | €13,751 | -€11,258 | -45.0% |
| Taxes, remuneration and social security | 45 | €9,102 | €1,413 | -€7,689 | -84.5% |
| Taxes | 450/3 | €9,102 | €1,413 | -€7,689 | -84.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €57,145 | €74,487 | +€17,342 | +30.3% |
| Accrued charges and deferred income | 492/3 | €28,063 | €80,350 | +€52,286 | +186% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,296 | €76,157 | +€4,862 | +6.8% |
| Other operating charges | 640/8 | €2,209 | €2,259 | +€49 | +2.2% |
| Gross operating margin | 9900 | €115,638 | €134,092 | +€18,454 | +16.0% |
| Operating profit (loss) | 9901 | €42,133 | €55,676 | +€13,543 | +32.1% |
| Financial income | 75/76B | €1,705 | €3,500 | +€1,795 | +105% |
| Recurring financial income | 75 | €1,705 | €3,500 | +€1,795 | +105% |
| Financial charges | 65/66B | €36,909 | €84,659 | +€47,750 | +129% |
| Recurring financial charges | 65 | €36,909 | €84,659 | +€47,750 | +129% |
| Profit (loss) for the period before taxes | 9903 | €6,929 | -€25,483 | -€32,412 | |
| Income taxes | 67/77 | €9,412 | €491 | -€8,921 | -94.8% |
| Profit (loss) for the period | 9904 | -€2,483 | -€25,974 | -€23,491 | -946% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,483 | -€25,974 | -€23,491 | -946% |
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 18 October 2026 via checked.be.