DE FIRMA: 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.
DE FIRMA
Largest movements
- Receivables within one year -€3,477
no longer reported in 2025 (was €3,477)
of which Trade receivables: -€2,399
- Cash -€2,707
down €2,707 (-5.2%), from €51,978 to €49,271
mainly Other debts (-€13,894) and Investment in fixed assets (net) (-€3,184)
- Tangible fixed assets +€1,355
up €1,355 (+9.1%), from €14,843 to €16,198
of which Plant, machinery and equipment: +€1,602
- Deferred charges and accrued income -€1,306
no longer reported in 2025 (was €1,306)
- Other debts -€13,894
no longer reported in 2025 (was €13,894)
- Profit (loss) carried forward +€6,326
up €6,326 (+15.1%), from €41,810 to €48,136
- Tax, wage and social debts +€1,375
new in 2025: €1,375
- Gross operating margin -€25,696
down €25,696 (-57.7%), from €44,502 to €18,806
- Taxes +€9,360
new in 2025: €9,360
- Purchases and services +€3,929
up €3,929 (+8.1%), from €48,649 to €52,578
- Depreciation +€638
up €638 (+53.6%), from €1,191 to €1,829
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 | €72,705 | €66,998 | -€5,707 | -7.8% |
| Fixed assets | 21/28 | €15,943 | €17,298 | +€1,355 | +8.5% |
| Tangible fixed assets | 22/27 | €14,843 | €16,198 | +€1,355 | +9.1% |
| Plant, machinery and equipment | 23 | €13,328 | €14,930 | +€1,602 | +12.0% |
| Furniture and vehicles | 24 | €1,516 | €1,268 | -€248 | -16.3% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €56,761 | €49,700 | -€7,061 | -12.4% |
| Stocks and contracts in progress | 3 | - | €429 | +€429 | |
| Stocks | 30/36 | - | €429 | +€429 | |
| Amounts receivable within one year | 40/41 | €3,477 | - | -€3,477 | |
| Trade receivables | 40 | €2,399 | - | -€2,399 | |
| Other amounts receivable | 41 | €1,078 | - | -€1,078 | |
| Cash at bank and in hand | 54/58 | €51,978 | €49,271 | -€2,707 | -5.2% |
| Deferred charges and accrued income | 490/1 | €1,306 | - | -€1,306 | |
| Total equity and liabilities | 10/49 | €72,705 | €66,998 | -€5,707 | -7.8% |
| Equity | 10/15 | €58,810 | €65,136 | +€6,326 | +10.8% |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,810 | €48,136 | +€6,326 | +15.1% |
| Amounts payable | 17/49 | €13,894 | €1,862 | -€12,032 | -86.6% |
| Amounts payable within one year | 42/48 | €13,894 | €1,862 | -€12,032 | -86.6% |
| Trade debts | 44 | - | €487 | +€487 | |
| Suppliers | 440/4 | - | €487 | +€487 | |
| Taxes, remuneration and social security | 45 | - | €1,375 | +€1,375 | |
| Taxes | 450/3 | - | €1,375 | +€1,375 | |
| Other amounts payable | 47/48 | €13,894 | - | -€13,894 | |
| Goods, raw materials, services and sundry goods | 60/61 | €48,649 | €52,578 | +€3,929 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,191 | €1,829 | +€638 | +53.6% |
| Other operating charges | 640/8 | €600 | €707 | +€107 | +17.9% |
| Gross operating margin | 9900 | €44,502 | €18,806 | -€25,696 | -57.7% |
| Operating profit (loss) | 9901 | €42,712 | €16,270 | -€26,442 | -61.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €901 | €584 | -€317 | -35.2% |
| Recurring financial charges | 65 | €901 | €584 | -€317 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €41,810 | €15,686 | -€26,124 | -62.5% |
| Income taxes | 67/77 | - | €9,360 | +€9,360 | |
| Profit (loss) for the period | 9904 | €41,810 | €6,326 | -€35,484 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,810 | €6,326 | -€35,484 | -84.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.