CUSTOMER MATTERS: 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.
CUSTOMER MATTERS
Largest movements
- Receivables within one year -€9,516
down €9,516 (-26.7%), from €35,621 to €26,105
of which Trade receivables: -€8,292
- Cash -€2,721
down €2,721 (-5.7%), from €48,114 to €45,393
mainly Contributions, distributions and other (-€65,105) and Tax, wage and social debts (-€5,563)
- Tangible fixed assets -€1,311
down €1,311 (-32.3%), from €4,065 to €2,753
of which Furniture and vehicles: -€1,077
- Reserves -€56,818
down €56,818 (-86.6%), from €65,605 to €8,787
of which Distributable reserves: -€56,818
- Other debts +€46,571
up €46,571, from €0 to €46,571
- Tax, wage and social debts -€5,563
down €5,563 (-100%), from €5,563 to €0
- Accrued charges and deferred income +€1,671
up €1,671, from €0 to €1,671
- Gross operating margin -€15,170
down €15,170 (-48.7%), from €31,119 to €15,949
- Taxes -€3,193
down €3,193 (-49.9%), from €6,399 to €3,206
- Financial charges +€1,401
up €1,401 (+124%), from €1,132 to €2,533
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 | €88,350 | €74,806 | -€13,544 | -15.3% |
| Fixed assets | 21/28 | €4,065 | €2,753 | -€1,311 | -32.3% |
| Tangible fixed assets | 22/27 | €4,065 | €2,753 | -€1,311 | -32.3% |
| Plant, machinery and equipment | 23 | €274 | €39 | -€235 | -85.7% |
| Furniture and vehicles | 24 | €3,791 | €2,714 | -€1,077 | -28.4% |
| Current assets | 29/58 | €84,285 | €72,053 | -€12,232 | -14.5% |
| Amounts receivable within one year | 40/41 | €35,621 | €26,105 | -€9,516 | -26.7% |
| Trade receivables | 40 | €27,126 | €18,834 | -€8,292 | -30.6% |
| Other amounts receivable | 41 | €8,495 | €7,271 | -€1,224 | -14.4% |
| Cash at bank and in hand | 54/58 | €48,114 | €45,393 | -€2,721 | -5.7% |
| Deferred charges and accrued income | 490/1 | €551 | €555 | +€4 | +0.8% |
| Total equity and liabilities | 10/49 | €88,350 | €74,806 | -€13,544 | -15.3% |
| Equity | 10/15 | €70,605 | €13,787 | -€56,818 | -80.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €65,605 | €8,787 | -€56,818 | -86.6% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €65,105 | €8,287 | -€56,818 | -87.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,745 | €61,019 | +€43,274 | +244% |
| Amounts payable within one year | 42/48 | €17,745 | €59,348 | +€41,603 | +234% |
| Financial debts | 43 | €7,578 | €7,559 | -€18 | -0.2% |
| Credit institutions | 430/8 | €7,578 | €7,559 | -€18 | -0.2% |
| Trade debts | 44 | €4,604 | €5,217 | +€613 | +13.3% |
| Suppliers | 440/4 | €4,604 | €5,217 | +€613 | +13.3% |
| Taxes, remuneration and social security | 45 | €5,563 | €0 | -€5,563 | -100% |
| Taxes | 450/3 | €5,563 | €0 | -€5,563 | -100% |
| Other amounts payable | 47/48 | €0 | €46,571 | +€46,571 | |
| Accrued charges and deferred income | 492/3 | €0 | €1,671 | +€1,671 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,545 | €1,311 | -€233 | -15.1% |
| Other operating charges | 640/8 | €744 | €642 | -€102 | -13.7% |
| Gross operating margin | 9900 | €31,119 | €15,949 | -€15,170 | -48.7% |
| Operating profit (loss) | 9901 | €28,830 | €13,995 | -€14,835 | -51.5% |
| Financial income | 75/76B | €1 | €32 | +€31 | +3,068% |
| Recurring financial income | 75 | €1 | €32 | +€31 | +3,068% |
| Financial charges | 65/66B | €1,132 | €2,533 | +€1,401 | +124% |
| Recurring financial charges | 65 | €1,132 | €2,533 | +€1,401 | +124% |
| Profit (loss) for the period before taxes | 9903 | €27,699 | €11,493 | -€16,205 | -58.5% |
| Income taxes | 67/77 | €6,399 | €3,206 | -€3,193 | -49.9% |
| Profit (loss) for the period | 9904 | €21,299 | €8,287 | -€13,012 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,299 | €8,287 | -€13,012 | -61.1% |
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 15 October 2026 via checked.be.