Concept 17: 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.
Concept 17
Largest movements
- Receivables within one year -€7,532
down €7,532 (-50.9%), from €14,792 to €7,260
- Cash +€3,334
up €3,334 (+69.5%), from €4,795 to €8,129
mainly Net result for the year (+€21,709) and Receivables within one year (+€7,532)
- Profit (loss) carried forward +€21,709
up €21,709 (+28.0%), from -€77,428 to -€55,719
- Other debts -€19,227
down €19,227 (-35.5%), from €54,165 to €34,938
- Debts after one year -€10,432
down €10,432 (-85.5%), from €12,195 to €1,763
- Trade debts +€2,090
up €2,090 (+74.0%), from €2,826 to €4,916
- Tax, wage and social debts +€1,620
up €1,620 (+20.9%), from €7,752 to €9,372
of which Taxes: +€3,798
- Gross operating margin +€4,006
up €4,006 (+15.5%), from €25,822 to €29,828
- Taxes +€997
up €997 (+19.2%), from €5,204 to €6,200
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 | €22,101 | €18,102 | -€3,999 | -18.1% |
| Fixed assets | 21/28 | €2,514 | €2,713 | +€199 | +7.9% |
| Tangible fixed assets | 22/27 | €2,514 | €2,713 | +€199 | +7.9% |
| Plant, machinery and equipment | 23 | €2,514 | €2,713 | +€199 | +7.9% |
| Current assets | 29/58 | €19,588 | €15,389 | -€4,198 | -21.4% |
| Amounts receivable within one year | 40/41 | €14,792 | €7,260 | -€7,532 | -50.9% |
| Trade receivables | 40 | €14,792 | €7,260 | -€7,532 | -50.9% |
| Cash at bank and in hand | 54/58 | €4,795 | €8,129 | +€3,334 | +69.5% |
| Total equity and liabilities | 10/49 | €22,101 | €18,102 | -€3,999 | -18.1% |
| Equity | 10/15 | -€65,028 | -€43,319 | +€21,709 | +33.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,428 | -€55,719 | +€21,709 | +28.0% |
| Amounts payable | 17/49 | €87,129 | €61,421 | -€25,708 | -29.5% |
| Amounts payable after more than one year | 17 | €12,195 | €1,763 | -€10,432 | -85.5% |
| Financial debts | 170/4 | €12,195 | €1,763 | -€10,432 | -85.5% |
| Amounts payable within one year | 42/48 | €74,934 | €59,659 | -€15,276 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €10,191 | €10,432 | +€241 | +2.4% |
| Trade debts | 44 | €2,826 | €4,916 | +€2,090 | +74.0% |
| Suppliers | 440/4 | €2,826 | €4,916 | +€2,090 | +74.0% |
| Taxes, remuneration and social security | 45 | €7,752 | €9,372 | +€1,620 | +20.9% |
| Taxes | 450/3 | €5,574 | €9,372 | +€3,798 | +68.1% |
| Remuneration and social security | 454/9 | €2,178 | - | -€2,178 | |
| Other amounts payable | 47/48 | €54,165 | €34,938 | -€19,227 | -35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,455 | €1,333 | -€121 | -8.3% |
| Other operating charges | 640/8 | €2 | - | -€2 | |
| Gross operating margin | 9900 | €25,822 | €29,828 | +€4,006 | +15.5% |
| Operating profit (loss) | 9901 | €24,366 | €28,495 | +€4,129 | +16.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €816 | €586 | -€230 | -28.2% |
| Recurring financial charges | 65 | €816 | €586 | -€230 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €23,549 | €27,909 | +€4,360 | +18.5% |
| Income taxes | 67/77 | €5,204 | €6,200 | +€997 | +19.2% |
| Profit (loss) for the period | 9904 | €18,346 | €21,709 | +€3,363 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,346 | €21,709 | +€3,363 | +18.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.