CS: 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.
CS
Largest movements
- Receivables within one year +€46,645
up €46,645 (+349.6%), from €13,343 to €59,988
of which Trade receivables: +€43,712
- Stocks and contracts +€3,272
up €3,272 (+11.7%), from €28,010 to €31,282
- Cash +€1,721
up €1,721 (+4.9%), from €35,355 to €37,075
mainly Trade debts (+€43,580) and Net result for the year (+€8,185)
- Trade debts +€43,580
up €43,580 (+338.3%), from €12,882 to €56,461
- Profit (loss) carried forward +€8,185
up €8,185 (+13.7%), from €59,688 to €67,873
- Gross operating margin -€15,078
down €15,078 (-47.5%), from €31,721 to €16,643
- Taxes -€2,309
down €2,309 (-46.2%), from €4,995 to €2,686
- Financial charges -€1,760
down €1,760 (-33.9%), from €5,189 to €3,429
- Other operating charges +€655
up €655 (+56.4%), from €1,161 to €1,815
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 | €85,032 | €136,387 | +€51,355 | +60.4% |
| Fixed assets | 21/28 | €6,483 | €5,842 | -€641 | -9.9% |
| Tangible fixed assets | 22/27 | €2,433 | €1,792 | -€641 | -26.3% |
| Other tangible fixed assets | 26 | €2,433 | €1,792 | -€641 | -26.3% |
| Financial fixed assets | 28 | €4,050 | €4,050 | = | 0.0% |
| Current assets | 29/58 | €78,550 | €130,545 | +€51,996 | +66.2% |
| Stocks and contracts in progress | 3 | €28,010 | €31,282 | +€3,272 | +11.7% |
| Stocks | 30/36 | €28,010 | €31,282 | +€3,272 | +11.7% |
| Amounts receivable within one year | 40/41 | €13,343 | €59,988 | +€46,645 | +349.6% |
| Trade receivables | 40 | €11,630 | €55,342 | +€43,712 | +375.9% |
| Other amounts receivable | 41 | €1,713 | €4,645 | +€2,933 | +171.2% |
| Cash at bank and in hand | 54/58 | €35,355 | €37,075 | +€1,721 | +4.9% |
| Deferred charges and accrued income | 490/1 | €1,842 | €2,200 | +€358 | +19.5% |
| Total equity and liabilities | 10/49 | €85,032 | €136,387 | +€51,355 | +60.4% |
| Equity | 10/15 | €66,859 | €75,043 | +€8,185 | +12.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €971 | €971 | = | 0.0% |
| Distributable reserves | 133 | €971 | €971 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,688 | €67,873 | +€8,185 | +13.7% |
| Amounts payable | 17/49 | €18,174 | €61,343 | +€43,170 | +237.5% |
| Amounts payable within one year | 42/48 | €18,174 | €61,343 | +€43,170 | +237.5% |
| Trade debts | 44 | €12,882 | €56,461 | +€43,580 | +338.3% |
| Suppliers | 440/4 | €12,882 | €56,461 | +€43,580 | +338.3% |
| Taxes, remuneration and social security | 45 | €4,705 | €3,998 | -€706 | -15.0% |
| Taxes | 450/3 | €2,705 | €3,998 | +€1,294 | +47.8% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €587 | €884 | +€297 | +50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €641 | €641 | = | 0.0% |
| Other operating charges | 640/8 | €1,161 | €1,815 | +€655 | +56.4% |
| Gross operating margin | 9900 | €31,721 | €16,643 | -€15,078 | -47.5% |
| Operating profit (loss) | 9901 | €29,920 | €14,186 | -€15,733 | -52.6% |
| Financial income | 75/76B | €170 | €114 | -€56 | -33.0% |
| Recurring financial income | 75 | €170 | €114 | -€56 | -33.0% |
| Financial charges | 65/66B | €5,189 | €3,429 | -€1,760 | -33.9% |
| Recurring financial charges | 65 | €5,189 | €3,429 | -€1,760 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €24,900 | €10,871 | -€14,029 | -56.3% |
| Income taxes | 67/77 | €4,995 | €2,686 | -€2,309 | -46.2% |
| Profit (loss) for the period | 9904 | €19,905 | €8,185 | -€11,720 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,905 | €8,185 | -€11,720 | -58.9% |
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.