CONCEPT & SOLUTIONS: 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.
CONCEPT & SOLUTIONS
Largest movements
- Tangible fixed assets +€48,447
up €48,447 (+766.7%), from €6,319 to €54,766
of which Furniture and vehicles: +€48,967
- Receivables within one year +€10,167
up €10,167 (+14.5%), from €70,321 to €80,488
of which Trade receivables: +€5,170
- Cash +€8,698
up €8,698 (+7.3%), from €119,916 to €128,613
mainly Net result for the year (+€63,362) and Tax, wage and social debts (+€13,857)
- Reserves +€63,362
up €63,362 (+42.0%), from €150,905 to €214,267
of which Distributable reserves: +€63,362
- Tax, wage and social debts +€13,857
up €13,857 (+60.5%), from €22,914 to €36,770
- Debts after one year -€8,674
down €8,674 (-49.1%), from €17,650 to €8,976
- Gross operating margin +€52,003
up €52,003 (+110.9%), from €46,878 to €98,881
- Taxes +€12,486
up €12,486 (+80.7%), from €15,473 to €27,959
- Depreciation +€4,406
up €4,406 (+268.2%), from €1,643 to €6,049
- Financial charges -€1,367
down €1,367 (-49.8%), from €2,746 to €1,380
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 | €197,436 | €266,577 | +€69,141 | +35.0% |
| Fixed assets | 21/28 | €6,319 | €54,766 | +€48,447 | +766.7% |
| Tangible fixed assets | 22/27 | €6,319 | €54,766 | +€48,447 | +766.7% |
| Plant, machinery and equipment | 23 | €717 | €354 | -€363 | -50.6% |
| Furniture and vehicles | 24 | €4,379 | €53,346 | +€48,967 | +1118.2% |
| Other tangible fixed assets | 26 | €1,222 | €1,066 | -€157 | -12.8% |
| Current assets | 29/58 | €191,117 | €211,811 | +€20,694 | +10.8% |
| Amounts receivable within one year | 40/41 | €70,321 | €80,488 | +€10,167 | +14.5% |
| Trade receivables | 40 | €9,779 | €14,948 | +€5,170 | +52.9% |
| Other amounts receivable | 41 | €60,542 | €65,540 | +€4,997 | +8.3% |
| Cash at bank and in hand | 54/58 | €119,916 | €128,613 | +€8,698 | +7.3% |
| Deferred charges and accrued income | 490/1 | €881 | €2,710 | +€1,829 | +207.7% |
| Total equity and liabilities | 10/49 | €197,436 | €266,577 | +€69,141 | +35.0% |
| Equity | 10/15 | €155,354 | €218,716 | +€63,362 | +40.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €150,905 | €214,267 | +€63,362 | +42.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €149,045 | €212,407 | +€63,362 | +42.5% |
| Profit (loss) carried forward | 14 | -€1,751 | -€1,751 | = | 0.0% |
| Amounts payable | 17/49 | €42,082 | €47,861 | +€5,779 | +13.7% |
| Amounts payable after more than one year | 17 | €17,650 | €8,976 | -€8,674 | -49.1% |
| Financial debts | 170/4 | €17,650 | €8,976 | -€8,674 | -49.1% |
| Amounts payable within one year | 42/48 | €24,432 | €38,885 | +€14,453 | +59.2% |
| Trade debts | 44 | €1,518 | €2,114 | +€596 | +39.3% |
| Suppliers | 440/4 | €1,518 | €2,114 | +€596 | +39.3% |
| Taxes, remuneration and social security | 45 | €22,914 | €36,770 | +€13,857 | +60.5% |
| Taxes | 450/3 | €22,914 | €36,770 | +€13,857 | +60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,643 | €6,049 | +€4,406 | +268.2% |
| Other operating charges | 640/8 | €596 | €1,335 | +€739 | +124.0% |
| Gross operating margin | 9900 | €46,878 | €98,881 | +€52,003 | +110.9% |
| Operating profit (loss) | 9901 | €44,639 | €91,497 | +€46,858 | +105.0% |
| Financial income | 75/76B | €799 | €1,203 | +€404 | +50.6% |
| Recurring financial income | 75 | €799 | €1,203 | +€404 | +50.6% |
| Financial charges | 65/66B | €2,746 | €1,380 | -€1,367 | -49.8% |
| Recurring financial charges | 65 | €2,746 | €1,380 | -€1,367 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €42,692 | €91,321 | +€48,629 | +113.9% |
| Income taxes | 67/77 | €15,473 | €27,959 | +€12,486 | +80.7% |
| Profit (loss) for the period | 9904 | €27,219 | €63,362 | +€36,143 | +132.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,219 | €63,362 | +€36,143 | +132.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.