CORRECT BUSINESS: 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.
CORRECT BUSINESS
Largest movements
- Receivables within one year +€42,335
up €42,335 (+118%), from €35,834 to €78,169
of which Other amounts receivable: +€35,509
- Receivables after one year +€1,875
up €1,875 (+2.5%), from €75,000 to €76,875
- Reserves +€42,270
up €42,270 (+112%), from €37,678 to €79,948
of which Distributable reserves: +€42,270
- Profit (loss) carried forward -€18,414
down €18,414 (-100%), from €18,414 to €0
- Tax, wage and social debts +€14,707
up €14,707 (+86.3%), from €17,037 to €31,744
of which Taxes: +€14,707
- Other debts +€10,000
new in 2025: €10,000
- Trade debts -€5,418
down €5,418 (-32.3%), from €16,752 to €11,335
- Gross operating margin +€10,855
up €10,855 (+34.1%), from €31,841 to €42,696
- Financial income +€2,918
up €2,918 (+241%), from €1,209 to €4,127
- Write-downs +€2,800
up €2,800, from €0 to €2,800
- Other operating charges -€890
down €890 (-59.7%), from €1,490 to €600
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 | €112,340 | €155,363 | +€43,023 | +38.3% |
| Current assets | 29/58 | €112,340 | €155,363 | +€43,023 | +38.3% |
| Amounts receivable after more than one year | 29 | €75,000 | €76,875 | +€1,875 | +2.5% |
| Other amounts receivable | 291 | €75,000 | €76,875 | +€1,875 | +2.5% |
| Amounts receivable within one year | 40/41 | €35,834 | €78,169 | +€42,335 | +118% |
| Trade receivables | 40 | €126 | €6,952 | +€6,826 | +5,417% |
| Other amounts receivable | 41 | €35,708 | €71,217 | +€35,509 | +99.4% |
| Cash at bank and in hand | 54/58 | €1,506 | €319 | -€1,187 | -78.8% |
| Total equity and liabilities | 10/49 | €112,340 | €155,363 | +€43,023 | +38.3% |
| Equity | 10/15 | €76,691 | €100,548 | +€23,856 | +31.1% |
| Contributions | 10/11 | €20,600 | €20,600 | = | 0.0% |
| Reserves | 13 | €37,678 | €79,948 | +€42,270 | +112% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €37,478 | €79,748 | +€42,270 | +113% |
| Profit (loss) carried forward | 14 | €18,414 | €0 | -€18,414 | -100% |
| Amounts payable | 17/49 | €35,649 | €54,816 | +€19,167 | +53.8% |
| Amounts payable within one year | 42/48 | €35,649 | €54,816 | +€19,167 | +53.8% |
| Financial debts | 43 | €1,860 | €1,737 | -€122 | -6.6% |
| Credit institutions | 430/8 | - | €1,737 | +€1,737 | |
| Other loans | 439 | €1,860 | €0 | -€1,860 | -100% |
| Trade debts | 44 | €16,752 | €11,335 | -€5,418 | -32.3% |
| Suppliers | 440/4 | €16,752 | €11,335 | -€5,418 | -32.3% |
| Taxes, remuneration and social security | 45 | €17,037 | €31,744 | +€14,707 | +86.3% |
| Taxes | 450/3 | €17,037 | €31,744 | +€14,707 | +86.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €2,800 | +€2,800 | |
| Other operating charges | 640/8 | €1,490 | €600 | -€890 | -59.7% |
| Gross operating margin | 9900 | €31,841 | €42,696 | +€10,855 | +34.1% |
| Operating profit (loss) | 9901 | €30,351 | €39,296 | +€8,945 | +29.5% |
| Financial income | 75/76B | €1,209 | €4,127 | +€2,918 | +241% |
| Recurring financial income | 75 | €1,209 | €4,127 | +€2,918 | +241% |
| Financial charges | 65/66B | €447 | €401 | -€46 | -10.3% |
| Recurring financial charges | 65 | €447 | €401 | -€46 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €31,112 | €43,022 | +€11,910 | +38.3% |
| Income taxes | 67/77 | €9,352 | €9,165 | -€187 | -2.0% |
| Profit (loss) for the period | 9904 | €21,760 | €33,856 | +€12,097 | +55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,760 | €33,856 | +€12,097 | +55.6% |
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 20 October 2026 via checked.be.