CONTRACT & CONTRACTING: 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.
CONTRACT & CONTRACTING
Largest movements
- Receivables within one year +€66,366
up €66,366 (+36.1%), from €183,897 to €250,263
of which Trade receivables: +€64,779
- Cash +€26,609
up €26,609 (+126%), from €21,181 to €47,790
mainly Trade debts (+€46,561) and Net result for the year (+€29,134)
- Tangible fixed assets +€16,832
up €16,832 (+376%), from €4,478 to €21,310
of which Furniture and vehicles: +€15,385
- Trade debts +€46,561
up €46,561 (+34.5%), from €134,815 to €181,376
of which Bills of exchange payable: +€51,880
- Profit (loss) carried forward +€29,134
up €29,134 (+73.7%), from -€39,532 to -€10,398
- Tax, wage and social debts +€22,723
up €22,723 (+202%), from €11,252 to €33,975
of which Remuneration and social security: +€16,000
- Debts after one year +€5,923
up €5,923 (+102%), from €5,830 to €11,753
- Other debts +€5,336
up €5,336 (+13.0%), from €41,011 to €46,347
- Gross operating margin +€28,631
up €28,631 (+112%), from €25,587 to €54,218
- Depreciation -€7,756
down €7,756 (-60.0%), from €12,933 to €5,177
- Taxes +€7,674
up €7,674 (+264%), from €2,903 to €10,577
- Staff costs +€3,521
up €3,521 (+124%), from €2,841 to €6,362
- Financial charges +€732
up €732 (+112%), from €652 to €1,384
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 | €213,880 | €324,442 | +€110,563 | +51.7% |
| Fixed assets | 21/28 | €4,478 | €21,310 | +€16,832 | +376% |
| Tangible fixed assets | 22/27 | €4,478 | €21,310 | +€16,832 | +376% |
| Plant, machinery and equipment | 23 | €2,182 | €3,629 | +€1,447 | +66.3% |
| Furniture and vehicles | 24 | €2,295 | €17,681 | +€15,385 | +670% |
| Current assets | 29/58 | €209,402 | €303,133 | +€93,731 | +44.8% |
| Amounts receivable within one year | 40/41 | €183,897 | €250,263 | +€66,366 | +36.1% |
| Trade receivables | 40 | €183,897 | €248,676 | +€64,779 | +35.2% |
| Other amounts receivable | 41 | - | €1,587 | +€1,587 | |
| Cash at bank and in hand | 54/58 | €21,181 | €47,790 | +€26,609 | +126% |
| Deferred charges and accrued income | 490/1 | €4,323 | €5,080 | +€756 | +17.5% |
| Total equity and liabilities | 10/49 | €213,880 | €324,442 | +€110,563 | +51.7% |
| Equity | 10/15 | €20,972 | €50,106 | +€29,134 | +139% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,904 | €41,904 | = | 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% |
| Distributable reserves | 133 | €40,044 | €40,044 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,532 | -€10,398 | +€29,134 | +73.7% |
| Amounts payable | 17/49 | €192,907 | €274,336 | +€81,429 | +42.2% |
| Amounts payable after more than one year | 17 | €5,830 | €11,753 | +€5,923 | +102% |
| Financial debts | 170/4 | €5,830 | €11,753 | +€5,923 | +102% |
| Amounts payable within one year | 42/48 | €187,077 | €262,583 | +€75,506 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | - | €886 | +€886 | |
| Trade debts | 44 | €134,815 | €181,376 | +€46,561 | +34.5% |
| Suppliers | 440/4 | €9,774 | €4,455 | -€5,319 | -54.4% |
| Bills of exchange payable | 441 | €125,041 | €176,921 | +€51,880 | +41.5% |
| Taxes, remuneration and social security | 45 | €11,252 | €33,975 | +€22,723 | +202% |
| Taxes | 450/3 | €4,252 | €10,975 | +€6,723 | +158% |
| Remuneration and social security | 454/9 | €7,000 | €23,000 | +€16,000 | +229% |
| Other amounts payable | 47/48 | €41,011 | €46,347 | +€5,336 | +13.0% |
| Remuneration, social security and pensions | 62 | €2,841 | €6,362 | +€3,521 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,933 | €5,177 | -€7,756 | -60.0% |
| Other operating charges | 640/8 | €1,466 | €1,585 | +€119 | +8.1% |
| Gross operating margin | 9900 | €25,587 | €54,218 | +€28,631 | +112% |
| Operating profit (loss) | 9901 | €8,347 | €41,095 | +€32,747 | +392% |
| Financial charges | 65/66B | €652 | €1,384 | +€732 | +112% |
| Recurring financial charges | 65 | €652 | €1,384 | +€732 | +112% |
| Profit (loss) for the period before taxes | 9903 | €7,695 | €39,711 | +€32,016 | +416% |
| Income taxes | 67/77 | €2,903 | €10,577 | +€7,674 | +264% |
| Profit (loss) for the period | 9904 | €4,792 | €29,134 | +€24,342 | +508% |
| Profit (loss) for the period to be appropriated | 9905 | €4,792 | €29,134 | +€24,342 | +508% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.