COMPANION: 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.
COMPANION
Largest movements
- Cash +€313,378
up €313,378 (+62.3%), from €503,396 to €816,774
mainly Net result for the year (+€186,868) and Current investments (+€50,000)
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year -€47,975
down €47,975 (-17.0%), from €282,863 to €234,888
of which Trade receivables: -€107,863
- Intangible fixed assets -€34,025
down €34,025 (-100%), from €34,025 to €0
- Reserves +€186,868
up €186,868 (+33.1%), from €565,030 to €751,898
of which Distributable reserves: +€186,868
- Tax, wage and social debts -€20,647
down €20,647 (-52.5%), from €39,333 to €18,687
of which Taxes: -€20,647
- Staff costs -€65,803
down €65,803 (-100%), from €65,803 to €0
- Gross operating margin +€50,422
up €50,422 (+19.0%), from €265,651 to €316,074
- Taxes +€30,087
up €30,087 (+53.3%), from €56,480 to €86,567
- Depreciation +€25,382
up €25,382 (+275%), from €9,229 to €34,610
- Financial income +€6,502
up €6,502 (+145%), from €4,472 to €10,974
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €871,381 | €1,052,175 | +€180,793 | +20.7% |
| Fixed assets | 21/28 | €35,123 | €513 | -€34,610 | -98.5% |
| Intangible fixed assets | 21 | €34,025 | €0 | -€34,025 | -100% |
| Tangible fixed assets | 22/27 | €1,098 | €513 | -€585 | -53.3% |
| Furniture and vehicles | 24 | €1,098 | €513 | -€585 | -53.3% |
| Current assets | 29/58 | €836,259 | €1,051,662 | +€215,404 | +25.8% |
| Amounts receivable within one year | 40/41 | €282,863 | €234,888 | -€47,975 | -17.0% |
| Trade receivables | 40 | €107,863 | €0 | -€107,863 | -100% |
| Other amounts receivable | 41 | €175,000 | €234,888 | +€59,888 | +34.2% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €503,396 | €816,774 | +€313,378 | +62.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €871,381 | €1,052,175 | +€180,793 | +20.7% |
| Equity | 10/15 | €585,030 | €771,898 | +€186,868 | +31.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €565,030 | €751,898 | +€186,868 | +33.1% |
| Non-distributable reserves | 130/1 | €3,543 | €3,543 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,543 | €3,543 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,200 | €84,200 | = | 0.0% |
| Distributable reserves | 133 | €477,286 | €664,155 | +€186,868 | +39.2% |
| Amounts payable | 17/49 | €286,352 | €280,277 | -€6,075 | -2.1% |
| Amounts payable within one year | 42/48 | €272,610 | €263,891 | -€8,719 | -3.2% |
| Financial debts | 43 | €21,828 | €27,850 | +€6,022 | +27.6% |
| Credit institutions | 430/8 | €21,828 | €27,850 | +€6,022 | +27.6% |
| Trade debts | 44 | €2,295 | €0 | -€2,295 | -100% |
| Suppliers | 440/4 | €2,295 | €0 | -€2,295 | -100% |
| Taxes, remuneration and social security | 45 | €39,333 | €18,687 | -€20,647 | -52.5% |
| Taxes | 450/3 | €39,333 | €18,687 | -€20,647 | -52.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €209,154 | €217,354 | +€8,200 | +3.9% |
| Accrued charges and deferred income | 492/3 | €13,741 | €16,385 | +€2,644 | +19.2% |
| Non-recurring operating income | 76A | €0 | €8,597 | +€8,597 | |
| Remuneration, social security and pensions | 62 | €65,803 | €0 | -€65,803 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,229 | €34,610 | +€25,382 | +275% |
| Other operating charges | 640/8 | €1,509 | €683 | -€826 | -54.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €265,651 | €316,074 | +€50,422 | +19.0% |
| Operating profit (loss) | 9901 | €189,110 | €280,780 | +€91,670 | +48.5% |
| Financial income | 75/76B | €4,472 | €10,974 | +€6,502 | +145% |
| Recurring financial income | 75 | €4,472 | €10,974 | +€6,502 | +145% |
| Financial charges | 65/66B | €17,828 | €18,319 | +€491 | +2.8% |
| Recurring financial charges | 65 | €17,828 | €18,319 | +€491 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €175,754 | €273,435 | +€97,681 | +55.6% |
| Income taxes | 67/77 | €56,480 | €86,567 | +€30,087 | +53.3% |
| Profit (loss) for the period | 9904 | €119,274 | €186,868 | +€67,594 | +56.7% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €119,274 | €186,868 | +€67,594 | +56.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.