COMPETENCES ET EQUILIBRE: 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.
COMPETENCES ET EQUILIBRE
Largest movements
- Tangible fixed assets +€59,154
up €59,154 (+991.0%), from €5,969 to €65,123
of which Furniture and vehicles: +€61,659
- Cash -€15,924
down €15,924 (-49.4%), from €32,246 to €16,322
mainly Investment in fixed assets (net) (-€64,357) and Trade debts (-€1,933)
- Receivables within one year -€9,975
down €9,975 (-41.8%), from €23,855 to €13,880
of which Trade receivables: -€10,975
- Deferred charges and accrued income -€3,217
down €3,217 (-50.5%), from €6,371 to €3,154
- Reserves +€22,380
up €22,380 (+118.0%), from €18,972 to €41,352
- Tax, wage and social debts +€8,272
up €8,272 (+255.4%), from €3,238 to €11,510
- Debts after one year +€4,671
up €4,671 (+238.7%), from €1,957 to €6,628
of which Financial debts: +€4,671
- Trade debts -€1,933
down €1,933 (-40.2%), from €4,811 to €2,878
- Contributions -€1,865
down €1,865 (-22.3%), from €8,365 to €6,500
- Gross operating margin +€16,559
up €16,559 (+84.7%), from €19,541 to €36,100
- Turnover -€4,545
down €4,545 (-4.6%), from €98,270 to €93,725
- Taxes +€4,360
up €4,360 (+134.6%), from €3,238 to €7,598
- Depreciation -€3,928
down €3,928 (-43.0%), from €9,131 to €5,203
- Purchases and services -€2,604
down €2,604 (-3.3%), from €78,729 to €76,125
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 | €68,741 | €98,779 | +€30,038 | +43.7% |
| Fixed assets | 21/28 | €6,269 | €65,423 | +€59,154 | +943.6% |
| Tangible fixed assets | 22/27 | €5,969 | €65,123 | +€59,154 | +991.0% |
| Plant, machinery and equipment | 23 | €2,012 | €332 | -€1,681 | -83.5% |
| Furniture and vehicles | 24 | €500 | €62,159 | +€61,659 | +12338.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €3,457 | €2,632 | -€825 | -23.9% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €62,472 | €33,356 | -€29,115 | -46.6% |
| Amounts receivable within one year | 40/41 | €23,855 | €13,880 | -€9,975 | -41.8% |
| Trade receivables | 40 | €22,355 | €11,380 | -€10,975 | -49.1% |
| Other amounts receivable | 41 | €1,500 | €2,500 | +€1,000 | +66.7% |
| Cash at bank and in hand | 54/58 | €32,246 | €16,322 | -€15,924 | -49.4% |
| Deferred charges and accrued income | 490/1 | €6,371 | €3,154 | -€3,217 | -50.5% |
| Total equity and liabilities | 10/49 | €68,741 | €98,779 | +€30,038 | +43.7% |
| Equity | 10/15 | €43,192 | €63,707 | +€20,515 | +47.5% |
| Contributions | 10/11 | €8,365 | €6,500 | -€1,865 | -22.3% |
| Reserves | 13 | €18,972 | €41,352 | +€22,380 | +118.0% |
| Distributable reserves | 133 | €18,972 | €41,352 | +€22,380 | +118.0% |
| Profit (loss) carried forward | 14 | €15,855 | €15,855 | = | 0.0% |
| Amounts payable | 17/49 | €25,549 | €35,072 | +€9,523 | +37.3% |
| Amounts payable after more than one year | 17 | €1,957 | €6,628 | +€4,671 | +238.7% |
| Financial debts | 170/4 | - | €4,671 | +€4,671 | |
| Other amounts payable | 178/9 | €1,957 | €1,957 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,592 | €28,444 | +€4,852 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €4,878 | €4,926 | +€48 | +1.0% |
| Trade debts | 44 | €4,811 | €2,878 | -€1,933 | -40.2% |
| Suppliers | 440/4 | €4,811 | €2,878 | -€1,933 | -40.2% |
| Taxes, remuneration and social security | 45 | €3,238 | €11,510 | +€8,272 | +255.4% |
| Taxes | 450/3 | €3,238 | €11,510 | +€8,272 | +255.4% |
| Other amounts payable | 47/48 | €10,665 | €9,130 | -€1,535 | -14.4% |
| Turnover | 70 | €98,270 | €93,725 | -€4,545 | -4.6% |
| Non-recurring operating income | 76A | - | €18,500 | +€18,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €78,729 | €76,125 | -€2,604 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,131 | €5,203 | -€3,928 | -43.0% |
| Other operating charges | 640/8 | €651 | €453 | -€198 | -30.4% |
| Gross operating margin | 9900 | €19,541 | €36,100 | +€16,559 | +84.7% |
| Operating profit (loss) | 9901 | €9,759 | €30,444 | +€20,685 | +212.0% |
| Financial charges | 65/66B | €586 | €466 | -€120 | -20.5% |
| Recurring financial charges | 65 | €586 | €466 | -€120 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €9,173 | €29,978 | +€20,805 | +226.8% |
| Income taxes | 67/77 | €3,238 | €7,598 | +€4,360 | +134.6% |
| Profit (loss) for the period | 9904 | €5,935 | €22,380 | +€16,446 | +277.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,935 | €22,380 | +€16,446 | +277.1% |
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 4 October 2026 via checked.be.