Connectingdots: 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.
Connectingdots
Largest movements
- Cash +€56,891
up €56,891 (+155.7%), from €36,548 to €93,439
mainly Net result for the year (+€48,090) and Other debts (+€47,430)
- Receivables within one year -€10,461
down €10,461 (-23.1%), from €45,367 to €34,906
of which Trade receivables: -€8,882
- Deferred charges and accrued income -€2,154
down €2,154 (-57.2%), from €3,763 to €1,610
- Other debts +€47,430
up €47,430 (+39604.0%), from €120 to €47,549
- Current portion of long-term debt -€6,692
down €6,692 (-100.0%), from €6,692 to €0
- Accrued charges and deferred income +€1,743
up €1,743 (+226.0%), from €771 to €2,514
- Trade debts -€1,448
down €1,448 (-54.1%), from €2,676 to €1,228
- Tax, wage and social debts +€1,406
up €1,406 (+19.4%), from €7,232 to €8,639
- Gross operating margin +€5,307
up €5,307 (+8.7%), from €61,083 to €66,390
- Taxes +€1,714
up €1,714 (+13.3%), from €12,898 to €14,612
- Financial charges -€915
down €915 (-74.6%), from €1,227 to €311
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 | €88,138 | €131,667 | +€43,529 | +49.4% |
| Fixed assets | 21/28 | €2,460 | €1,712 | -€748 | -30.4% |
| Tangible fixed assets | 22/27 | €2,460 | €1,712 | -€748 | -30.4% |
| Furniture and vehicles | 24 | €2,460 | €1,712 | -€748 | -30.4% |
| Current assets | 29/58 | €85,679 | €129,955 | +€44,277 | +51.7% |
| Amounts receivable within one year | 40/41 | €45,367 | €34,906 | -€10,461 | -23.1% |
| Trade receivables | 40 | €23,396 | €14,514 | -€8,882 | -38.0% |
| Other amounts receivable | 41 | €21,971 | €20,392 | -€1,579 | -7.2% |
| Cash at bank and in hand | 54/58 | €36,548 | €93,439 | +€56,891 | +155.7% |
| Deferred charges and accrued income | 490/1 | €3,763 | €1,610 | -€2,154 | -57.2% |
| Total equity and liabilities | 10/49 | €88,138 | €131,667 | +€43,529 | +49.4% |
| Equity | 10/15 | €70,648 | €71,737 | +€1,090 | +1.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €30,648 | €31,737 | +€1,090 | +3.6% |
| Distributable reserves | 133 | €30,648 | €31,737 | +€1,090 | +3.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,491 | €59,930 | +€42,439 | +242.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,720 | €57,416 | +€40,697 | +243.4% |
| Current portion of amounts payable after more than one year | 42 | €6,692 | €0 | -€6,692 | -100.0% |
| Trade debts | 44 | €2,676 | €1,228 | -€1,448 | -54.1% |
| Suppliers | 440/4 | €2,676 | €1,228 | -€1,448 | -54.1% |
| Taxes, remuneration and social security | 45 | €7,232 | €8,639 | +€1,406 | +19.4% |
| Taxes | 450/3 | €7,232 | €8,639 | +€1,406 | +19.4% |
| Other amounts payable | 47/48 | €120 | €47,549 | +€47,430 | +39604.0% |
| Accrued charges and deferred income | 492/3 | €771 | €2,514 | +€1,743 | +226.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,890 | €2,301 | +€411 | +21.8% |
| Other operating charges | 640/8 | €1,694 | €1,564 | -€130 | -7.7% |
| Gross operating margin | 9900 | €61,083 | €66,390 | +€5,307 | +8.7% |
| Operating profit (loss) | 9901 | €57,500 | €62,525 | +€5,026 | +8.7% |
| Financial income | 75/76B | €122 | €487 | +€366 | +299.8% |
| Recurring financial income | 75 | €122 | €487 | +€366 | +299.8% |
| Financial charges | 65/66B | €1,227 | €311 | -€915 | -74.6% |
| Recurring financial charges | 65 | €1,227 | €311 | -€915 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | €56,395 | €62,702 | +€6,307 | +11.2% |
| Income taxes | 67/77 | €12,898 | €14,612 | +€1,714 | +13.3% |
| Profit (loss) for the period | 9904 | €43,497 | €48,090 | +€4,593 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,497 | €48,090 | +€4,593 | +10.6% |
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 12 October 2026 via checked.be.