COMPOSITE SYSTEMS: 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.
COMPOSITE SYSTEMS
Largest movements
- Cash -€55,830
down €55,830 (-67.6%), from €82,593 to €26,764
mainly Contributions, distributions and other (-€60,000) and Other debts (-€13,747)
- Receivables within one year -€9,689
down €9,689 (-96.0%), from €10,091 to €402
- Profit (loss) carried forward -€71,926
down €71,926, from €69,849 to -€2,076
- Tax, wage and social debts +€18,000
new in 2025: €18,000
- Other debts -€13,747
down €13,747 (-65.9%), from €20,874 to €7,127
- Accrued charges and deferred income +€2,255
new in 2025: €2,255
- Gross operating margin -€48,313
down €48,313, from €41,061 to -€7,252
- Taxes -€2,947
down €2,947 (-53.5%), from €5,509 to €2,562
- Financial charges +€1,124
up €1,124 (+221.7%), from €507 to €1,631
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 | €92,684 | €27,166 | -€65,519 | -70.7% |
| Current assets | 29/58 | €92,684 | €27,166 | -€65,519 | -70.7% |
| Amounts receivable within one year | 40/41 | €10,091 | €402 | -€9,689 | -96.0% |
| Other amounts receivable | 41 | €10,091 | €402 | -€9,689 | -96.0% |
| Cash at bank and in hand | 54/58 | €82,593 | €26,764 | -€55,830 | -67.6% |
| Total equity and liabilities | 10/49 | €92,684 | €27,166 | -€65,519 | -70.7% |
| Equity | 10/15 | €71,709 | -€216 | -€71,926 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,849 | -€2,076 | -€71,926 | |
| Amounts payable | 17/49 | €20,975 | €27,382 | +€6,407 | +30.5% |
| Amounts payable within one year | 42/48 | €20,975 | €25,127 | +€4,152 | +19.8% |
| Trade debts | 44 | €101 | - | -€101 | |
| Suppliers | 440/4 | €101 | - | -€101 | |
| Taxes, remuneration and social security | 45 | - | €18,000 | +€18,000 | |
| Taxes | 450/3 | - | €18,000 | +€18,000 | |
| Other amounts payable | 47/48 | €20,874 | €7,127 | -€13,747 | -65.9% |
| Accrued charges and deferred income | 492/3 | - | €2,255 | +€2,255 | |
| Other operating charges | 640/8 | €581 | €483 | -€98 | -16.9% |
| Gross operating margin | 9900 | €41,061 | -€7,252 | -€48,313 | |
| Operating profit (loss) | 9901 | €40,481 | -€7,735 | -€48,215 | |
| Financial income | 75/76B | €251 | €1 | -€250 | -99.5% |
| Recurring financial income | 75 | €251 | €1 | -€250 | -99.5% |
| Financial charges | 65/66B | €507 | €1,631 | +€1,124 | +221.7% |
| Recurring financial charges | 65 | €507 | €1,631 | +€1,124 | +221.7% |
| Profit (loss) for the period before taxes | 9903 | €40,224 | -€9,364 | -€49,588 | |
| Income taxes | 67/77 | €5,509 | €2,562 | -€2,947 | -53.5% |
| Profit (loss) for the period | 9904 | €34,716 | -€11,926 | -€46,642 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,716 | -€11,926 | -€46,642 |
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 6 October 2026 via checked.be.