CONTEXT+: 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.
CONTEXT+
Largest movements
- Cash +€13,170
up €13,170 (+968.1%), from €1,360 to €14,530
mainly Trade debts (+€10,417) and Net result for the year (+€3,829)
- Receivables within one year +€1,754
up €1,754 (+5.4%), from €32,337 to €34,091
of which Trade receivables: +€2,266
- Deferred charges and accrued income -€677
down €677 (-26.4%), from €2,568 to €1,891
- Trade debts +€10,417
up €10,417 (+344.5%), from €3,024 to €13,441
- Profit (loss) carried forward +€3,829
up €3,829 (+21.1%), from €18,163 to €21,992
- Gross operating margin -€6,719
down €6,719 (-48.6%), from €13,826 to €7,107
- Depreciation -€2,008
down €2,008 (-100.0%), from €2,008 to €0
- Taxes -€1,208
down €1,208 (-46.4%), from €2,600 to €1,393
- Other operating charges +€788
up €788 (+81.6%), from €966 to €1,754
- Financial charges -€441
down €441 (-77.1%), from €571 to €131
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 | €36,265 | €50,512 | +€14,247 | +39.3% |
| Current assets | 29/58 | €36,265 | €50,512 | +€14,247 | +39.3% |
| Amounts receivable within one year | 40/41 | €32,337 | €34,091 | +€1,754 | +5.4% |
| Trade receivables | 40 | €26,460 | €28,726 | +€2,266 | +8.6% |
| Other amounts receivable | 41 | €5,878 | €5,365 | -€512 | -8.7% |
| Cash at bank and in hand | 54/58 | €1,360 | €14,530 | +€13,170 | +968.1% |
| Deferred charges and accrued income | 490/1 | €2,568 | €1,891 | -€677 | -26.4% |
| Total equity and liabilities | 10/49 | €36,265 | €50,512 | +€14,247 | +39.3% |
| Equity | 10/15 | €33,163 | €36,992 | +€3,829 | +11.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,163 | €21,992 | +€3,829 | +21.1% |
| Amounts payable | 17/49 | €3,103 | €13,520 | +€10,417 | +335.7% |
| Amounts payable within one year | 42/48 | €3,103 | €13,520 | +€10,417 | +335.7% |
| Trade debts | 44 | €3,024 | €13,441 | +€10,417 | +344.5% |
| Suppliers | 440/4 | €3,024 | €13,441 | +€10,417 | +344.5% |
| Other amounts payable | 47/48 | €79 | €79 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,008 | €0 | -€2,008 | -100.0% |
| Other operating charges | 640/8 | €966 | €1,754 | +€788 | +81.6% |
| Gross operating margin | 9900 | €13,826 | €7,107 | -€6,719 | -48.6% |
| Operating profit (loss) | 9901 | €10,852 | €5,352 | -€5,499 | -50.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +220.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +220.0% |
| Financial charges | 65/66B | €571 | €131 | -€441 | -77.1% |
| Recurring financial charges | 65 | €571 | €131 | -€441 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | €10,280 | €5,222 | -€5,059 | -49.2% |
| Income taxes | 67/77 | €2,600 | €1,393 | -€1,208 | -46.4% |
| Profit (loss) for the period | 9904 | €7,680 | €3,829 | -€3,851 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,680 | €3,829 | -€3,851 | -50.1% |
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 8 October 2026 via checked.be.