"COMMUNICATION GEAR": 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.
"COMMUNICATION GEAR"
Largest movements
- Financial fixed assets -€944,708
no longer reported in 2025 (was €944,708)
- Intangible fixed assets +€422,354
new in 2025: €422,354
- Receivables within one year +€37,944
up €37,944 (+76.3%), from €49,711 to €87,655
of which Trade receivables: +€38,887
- Tangible fixed assets -€21,597
down €21,597 (-84.0%), from €25,699 to €4,102
of which Assets under construction and advance payments: -€20,000
- Profit (loss) carried forward -€618,439
down €618,439, from €66,506 to -€551,933
- Reserves +€399,171
up €399,171 (+302.3%), from €132,065 to €531,236
of which Distributable reserves: +€246,601
- Debts after one year -€315,979
down €315,979 (-66.8%), from €472,841 to €156,862
- Accrued charges and deferred income +€24,476
new in 2025: €24,476
- Depreciation +€426,648
up €426,648 (+42450.0%), from €1,005 to €427,653
- Financial charges -€47,013
down €47,013 (-83.7%), from €56,153 to €9,140
- Gross operating margin -€15,806
down €15,806 (-30.6%), from -€51,685 to -€67,491
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 | €1,183,097 | €675,331 | -€507,766 | -42.9% |
| Fixed assets | 21/28 | €970,407 | €426,457 | -€543,951 | -56.1% |
| Intangible fixed assets | 21 | - | €422,354 | +€422,354 | |
| Tangible fixed assets | 22/27 | €25,699 | €4,102 | -€21,597 | -84.0% |
| Furniture and vehicles | 24 | €5,699 | €4,102 | -€1,597 | -28.0% |
| Assets under construction and advance payments | 27 | €20,000 | - | -€20,000 | |
| Financial fixed assets | 28 | €944,708 | - | -€944,708 | |
| Current assets | 29/58 | €212,690 | €248,874 | +€36,185 | +17.0% |
| Amounts receivable after more than one year | 29 | €130,000 | €130,000 | = | 0.0% |
| Other amounts receivable | 291 | €130,000 | €130,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €30,042 | €28,596 | -€1,446 | -4.8% |
| Stocks | 30/36 | €30,042 | €28,596 | -€1,446 | -4.8% |
| Amounts receivable within one year | 40/41 | €49,711 | €87,655 | +€37,944 | +76.3% |
| Trade receivables | 40 | €47,961 | €86,849 | +€38,887 | +81.1% |
| Other amounts receivable | 41 | €1,750 | €806 | -€944 | -53.9% |
| Cash at bank and in hand | 54/58 | €2,936 | €2,623 | -€314 | -10.7% |
| Total equity and liabilities | 10/49 | €1,183,097 | €675,331 | -€507,766 | -42.9% |
| Equity | 10/15 | €648,802 | €429,534 | -€219,269 | -33.8% |
| Contributions | 10/11 | €450,231 | €450,231 | = | 0.0% |
| Reserves | 13 | €132,065 | €531,236 | +€399,171 | +302.3% |
| Non-distributable reserves | 130/1 | - | €149,570 | +€149,570 | |
| Reserves not available under the articles | 1311 | - | €149,570 | +€149,570 | |
| Tax-exempt reserves | 132 | - | €3,000 | +€3,000 | |
| Distributable reserves | 133 | €132,065 | €378,666 | +€246,601 | +186.7% |
| Profit (loss) carried forward | 14 | €66,506 | -€551,933 | -€618,439 | |
| Amounts payable | 17/49 | €534,295 | €245,797 | -€288,498 | -54.0% |
| Amounts payable after more than one year | 17 | €472,841 | €156,862 | -€315,979 | -66.8% |
| Financial debts | 170/4 | €472,841 | €156,862 | -€315,979 | -66.8% |
| Amounts payable within one year | 42/48 | €61,454 | €64,459 | +€3,005 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €48,139 | €50,581 | +€2,442 | +5.1% |
| Trade debts | 44 | €7,040 | €13,480 | +€6,440 | +91.5% |
| Suppliers | 440/4 | €7,040 | €13,480 | +€6,440 | +91.5% |
| Taxes, remuneration and social security | 45 | €6,275 | €398 | -€5,877 | -93.7% |
| Taxes | 450/3 | €6,275 | €398 | -€5,877 | -93.7% |
| Accrued charges and deferred income | 492/3 | - | €24,476 | +€24,476 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,005 | €427,653 | +€426,648 | +42450.0% |
| Other operating charges | 640/8 | €117 | - | -€117 | |
| Gross operating margin | 9900 | -€51,685 | -€67,491 | -€15,806 | -30.6% |
| Operating profit (loss) | 9901 | -€52,806 | -€495,144 | -€442,337 | -837.7% |
| Financial charges | 65/66B | €56,153 | €9,140 | -€47,013 | -83.7% |
| Recurring financial charges | 65 | €56,153 | €9,140 | -€47,013 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | -€108,959 | -€504,283 | -€395,324 | -362.8% |
| Income taxes | 67/77 | €835 | €398 | -€437 | -52.3% |
| Profit (loss) for the period | 9904 | -€109,794 | -€504,682 | -€394,887 | -359.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€109,794 | -€504,682 | -€394,887 | -359.7% |
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 7 October 2026 via checked.be.