De Blick: 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.
De Blick
Largest movements
- Cash +€80,818
up €80,818 (+96.8%), from €83,468 to €164,285
mainly Net result for the year (+€88,046) and Depreciation (+€39,334)
- Intangible fixed assets -€22,212
down €22,212 (-28.9%), from €76,798 to €54,586
- Stocks and contracts +€6,740
up €6,740 (+2.0%), from €338,993 to €345,733
- Reserves +€88,046
up €88,046 (+67.5%), from €130,520 to €218,566
- Other debts -€31,254
down €31,254 (-8.3%), from €375,490 to €344,236
- Tax, wage and social debts +€7,698
up €7,698 (+14.3%), from €53,828 to €61,526
of which Taxes: +€9,521
- Gross operating margin +€26,536
up €26,536 (+14.1%), from €187,746 to €214,282
- Taxes +€7,432
up €7,432 (+20.5%), from €36,219 to €43,650
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 | €583,149 | €645,168 | +€62,019 | +10.6% |
| Fixed assets | 21/28 | €150,027 | €125,303 | -€24,724 | -16.5% |
| Intangible fixed assets | 21 | €76,798 | €54,586 | -€22,212 | -28.9% |
| Tangible fixed assets | 22/27 | €73,229 | €70,717 | -€2,512 | -3.4% |
| Plant, machinery and equipment | 23 | €13,820 | €10,042 | -€3,778 | -27.3% |
| Furniture and vehicles | 24 | €15,898 | €20,915 | +€5,017 | +31.6% |
| Other tangible fixed assets | 26 | €43,511 | €39,760 | -€3,751 | -8.6% |
| Current assets | 29/58 | €433,122 | €519,865 | +€86,743 | +20.0% |
| Stocks and contracts in progress | 3 | €338,993 | €345,733 | +€6,740 | +2.0% |
| Stocks | 30/36 | €338,993 | €345,733 | +€6,740 | +2.0% |
| Amounts receivable within one year | 40/41 | €4,741 | €4,246 | -€495 | -10.4% |
| Trade receivables | 40 | €4,741 | €4,246 | -€495 | -10.4% |
| Cash at bank and in hand | 54/58 | €83,468 | €164,285 | +€80,818 | +96.8% |
| Deferred charges and accrued income | 490/1 | €5,921 | €5,601 | -€320 | -5.4% |
| Total equity and liabilities | 10/49 | €583,149 | €645,168 | +€62,019 | +10.6% |
| Equity | 10/15 | €140,520 | €228,566 | +€88,046 | +62.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €130,520 | €218,566 | +€88,046 | +67.5% |
| Distributable reserves | 133 | €130,520 | €218,566 | +€88,046 | +67.5% |
| Amounts payable | 17/49 | €442,629 | €416,602 | -€26,027 | -5.9% |
| Amounts payable within one year | 42/48 | €436,264 | €413,254 | -€23,009 | -5.3% |
| Trade debts | 44 | €6,946 | €7,492 | +€546 | +7.9% |
| Suppliers | 440/4 | €6,946 | €7,492 | +€546 | +7.9% |
| Taxes, remuneration and social security | 45 | €53,828 | €61,526 | +€7,698 | +14.3% |
| Taxes | 450/3 | €48,076 | €57,597 | +€9,521 | +19.8% |
| Remuneration and social security | 454/9 | €5,752 | €3,929 | -€1,823 | -31.7% |
| Other amounts payable | 47/48 | €375,490 | €344,236 | -€31,254 | -8.3% |
| Accrued charges and deferred income | 492/3 | €6,366 | €3,348 | -€3,018 | -47.4% |
| Non-recurring operating income | 76A | €500 | - | -€500 | |
| Remuneration, social security and pensions | 62 | €37,407 | €38,640 | +€1,233 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,857 | €39,334 | -€523 | -1.3% |
| Other operating charges | 640/8 | €2,199 | €1,407 | -€792 | -36.0% |
| Non-recurring operating charges | 66A | - | €5,898 | +€5,898 | |
| Gross operating margin | 9900 | €187,746 | €214,282 | +€26,536 | +14.1% |
| Operating profit (loss) | 9901 | €108,283 | €129,004 | +€20,721 | +19.1% |
| Financial income | 75/76B | €7,262 | €7,049 | -€213 | -2.9% |
| Recurring financial income | 75 | €7,262 | €7,049 | -€213 | -2.9% |
| Financial charges | 65/66B | €3,411 | €4,357 | +€946 | +27.7% |
| Recurring financial charges | 65 | €3,411 | €4,357 | +€946 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | €112,134 | €131,696 | +€19,562 | +17.4% |
| Income taxes | 67/77 | €36,219 | €43,650 | +€7,432 | +20.5% |
| Profit (loss) for the period | 9904 | €75,915 | €88,046 | +€12,131 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,915 | €88,046 | +€12,131 | +16.0% |
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 30 September 2026 via checked.be.