Competenza: 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.
Competenza
Largest movements
- Receivables after one year +€8,305
up €8,305 (+16.1%), from €51,601 to €59,906
- Cash -€3,384
down €3,384 (-67.4%), from €5,023 to €1,639
mainly Receivables after one year (-€8,305) and Receivables within one year (-€2,295)
- Receivables within one year +€2,295
up €2,295 (+28.6%), from €8,021 to €10,316
of which Trade receivables: +€3,508
- Accrued charges and deferred income +€4,369
new in 2025: €4,369
- Tax, wage and social debts +€3,127
up €3,127 (+21.6%), from €14,493 to €17,620
- Gross operating margin -€60,251
down €60,251 (-98.7%), from €61,020 to €769
- Taxes -€12,609
down €12,609 (-99.6%), from €12,655 to €47
- Financial income -€1,188
down €1,188 (-100%), from €1,188 to €0
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 | €65,833 | €73,049 | +€7,216 | +11.0% |
| Current assets | 29/58 | €65,833 | €73,049 | +€7,216 | +11.0% |
| Amounts receivable after more than one year | 29 | €51,601 | €59,906 | +€8,305 | +16.1% |
| Other amounts receivable | 291 | €51,601 | €59,906 | +€8,305 | +16.1% |
| Amounts receivable within one year | 40/41 | €8,021 | €10,316 | +€2,295 | +28.6% |
| Trade receivables | 40 | €6,808 | €10,316 | +€3,508 | +51.5% |
| Other amounts receivable | 41 | €1,213 | €0 | -€1,213 | -100% |
| Cash at bank and in hand | 54/58 | €5,023 | €1,639 | -€3,384 | -67.4% |
| Deferred charges and accrued income | 490/1 | €1,188 | €1,188 | = | 0.0% |
| Total equity and liabilities | 10/49 | €65,833 | €73,049 | +€7,216 | +11.0% |
| Equity | 10/15 | €50,853 | €50,976 | +€123 | +0.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €48,853 | €48,976 | +€123 | +0.3% |
| Distributable reserves | 133 | €48,853 | €48,976 | +€123 | +0.3% |
| Amounts payable | 17/49 | €14,980 | €22,073 | +€7,093 | +47.3% |
| Amounts payable within one year | 42/48 | €14,980 | €17,704 | +€2,724 | +18.2% |
| Trade debts | 44 | €486 | €84 | -€403 | -82.8% |
| Suppliers | 440/4 | €486 | €84 | -€403 | -82.8% |
| Taxes, remuneration and social security | 45 | €14,493 | €17,620 | +€3,127 | +21.6% |
| Taxes | 450/3 | €14,493 | €17,620 | +€3,127 | +21.6% |
| Accrued charges and deferred income | 492/3 | - | €4,369 | +€4,369 | |
| Other operating charges | 640/8 | €700 | €577 | -€123 | -17.5% |
| Gross operating margin | 9900 | €61,020 | €769 | -€60,251 | -98.7% |
| Operating profit (loss) | 9901 | €60,321 | €192 | -€60,128 | -99.7% |
| Financial income | 75/76B | €1,188 | €0 | -€1,188 | -100% |
| Recurring financial income | 75 | €1,188 | €0 | -€1,188 | -100% |
| Financial charges | 65/66B | - | €23 | +€23 | |
| Recurring financial charges | 65 | - | €23 | +€23 | |
| Profit (loss) for the period before taxes | 9903 | €61,509 | €170 | -€61,339 | -99.7% |
| Income taxes | 67/77 | €12,655 | €47 | -€12,609 | -99.6% |
| Profit (loss) for the period | 9904 | €48,853 | €123 | -€48,730 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,853 | €123 | -€48,730 | -99.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.