COPY & CONTENT: 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.
COPY & CONTENT
Largest movements
- Cash +€67,372
up €67,372 (+186.9%), from €36,046 to €103,418
mainly Net result for the year (+€50,052) and Other debts (+€20,572)
- Receivables within one year -€10,010
down €10,010 (-14.5%), from €68,882 to €58,871
of which Other amounts receivable: -€15,520
- Deferred charges and accrued income -€1,980
down €1,980 (-65.8%), from €3,010 to €1,030
- Reserves +€50,052
up €50,052 (+48.7%), from €102,824 to €152,875
- Trade debts -€23,633
down €23,633 (-89.7%), from €26,354 to €2,722
- Other debts +€20,572
up €20,572 (+44.7%), from €45,974 to €66,546
- Tax, wage and social debts +€8,049
up €8,049 (+631.4%), from €1,275 to €9,323
- Gross operating margin +€48,768
up €48,768 (+157.2%), from €31,028 to €79,797
- Taxes +€20,966
up €20,966 (+607.6%), from €3,451 to €24,417
- Depreciation -€10,997
down €10,997 (-92.2%), from €11,922 to €925
- Financial charges -€1,898
down €1,898 (-32.8%), from €5,791 to €3,893
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 | €112,020 | €167,797 | +€55,777 | +49.8% |
| Fixed assets | 21/28 | €4,082 | €4,478 | +€396 | +9.7% |
| Tangible fixed assets | 22/27 | €3,082 | €3,478 | +€396 | +12.9% |
| Furniture and vehicles | 24 | €826 | €1,578 | +€752 | +91.1% |
| Other tangible fixed assets | 26 | €2,256 | €1,900 | -€356 | -15.8% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €107,938 | €163,319 | +€55,381 | +51.3% |
| Amounts receivable within one year | 40/41 | €68,882 | €58,871 | -€10,010 | -14.5% |
| Trade receivables | 40 | €53,362 | €58,871 | +€5,510 | +10.3% |
| Other amounts receivable | 41 | €15,520 | - | -€15,520 | |
| Cash at bank and in hand | 54/58 | €36,046 | €103,418 | +€67,372 | +186.9% |
| Deferred charges and accrued income | 490/1 | €3,010 | €1,030 | -€1,980 | -65.8% |
| Total equity and liabilities | 10/49 | €112,020 | €167,797 | +€55,777 | +49.8% |
| Equity | 10/15 | €36,817 | €86,868 | +€50,052 | +135.9% |
| Reserves | 13 | €102,824 | €152,875 | +€50,052 | +48.7% |
| Distributable reserves | 133 | €102,824 | €152,875 | +€50,052 | +48.7% |
| Profit (loss) carried forward | 14 | -€66,007 | -€66,007 | = | 0.0% |
| Amounts payable | 17/49 | €75,203 | €80,929 | +€5,725 | +7.6% |
| Amounts payable within one year | 42/48 | €73,603 | €78,591 | +€4,988 | +6.8% |
| Trade debts | 44 | €26,354 | €2,722 | -€23,633 | -89.7% |
| Suppliers | 440/4 | €26,354 | €2,722 | -€23,633 | -89.7% |
| Taxes, remuneration and social security | 45 | €1,275 | €9,323 | +€8,049 | +631.4% |
| Taxes | 450/3 | €1,275 | €9,323 | +€8,049 | +631.4% |
| Other amounts payable | 47/48 | €45,974 | €66,546 | +€20,572 | +44.7% |
| Accrued charges and deferred income | 492/3 | €1,600 | €2,337 | +€737 | +46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,922 | €925 | -€10,997 | -92.2% |
| Other operating charges | 640/8 | €700 | €606 | -€94 | -13.4% |
| Gross operating margin | 9900 | €31,028 | €79,797 | +€48,768 | +157.2% |
| Operating profit (loss) | 9901 | €18,406 | €78,265 | +€59,859 | +325.2% |
| Financial income | 75/76B | - | €97 | +€97 | |
| Recurring financial income | 75 | - | €97 | +€97 | |
| Financial charges | 65/66B | €5,791 | €3,893 | -€1,898 | -32.8% |
| Recurring financial charges | 65 | €5,791 | €3,893 | -€1,898 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €12,615 | €74,468 | +€61,853 | +490.3% |
| Income taxes | 67/77 | €3,451 | €24,417 | +€20,966 | +607.6% |
| Profit (loss) for the period | 9904 | €9,165 | €50,052 | +€40,887 | +446.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,165 | €50,052 | +€40,887 | +446.1% |
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 5 October 2026 via checked.be.