DE PISTE: 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 PISTE
Largest movements
- Tangible fixed assets -€14,672
down €14,672 (-4.7%), from €309,347 to €294,675
of which Land and buildings: -€13,787
- Cash -€5,812
down €5,812 (-8.2%), from €71,194 to €65,382
mainly Debts after one year (-€15,904) and Net result for the year (-€13,084)
- Debts after one year -€15,904
down €15,904 (-6.5%), from €245,338 to €229,434
- Profit (loss) carried forward -€13,084
down €13,084, from €10,163 to -€2,921
- Trade debts +€10,323
up €10,323 (+403.1%), from €2,561 to €12,884
- Gross operating margin -€20,966
down €20,966 (-40.3%), from €52,064 to €31,098
- Depreciation -€4,255
down €4,255 (-14.1%), from €30,282 to €26,027
- Other operating charges +€2,972
up €2,972 (+30.8%), from €9,663 to €12,635
- Taxes -€1,890
no longer reported in 2025 (was €1,890)
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 | €412,969 | €393,440 | -€19,529 | -4.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €312,734 | €298,062 | -€14,672 | -4.7% |
| Tangible fixed assets | 22/27 | €309,347 | €294,675 | -€14,672 | -4.7% |
| Land and buildings | 22 | €303,247 | €289,459 | -€13,787 | -4.5% |
| Plant, machinery and equipment | 23 | €6,100 | €5,216 | -€884 | -14.5% |
| Financial fixed assets | 28 | €3,387 | €3,387 | = | 0.0% |
| Current assets | 29/58 | €100,235 | €95,378 | -€4,857 | -4.8% |
| Amounts receivable within one year | 40/41 | €25,197 | €26,800 | +€1,603 | +6.4% |
| Trade receivables | 40 | €25,197 | €26,800 | +€1,603 | +6.4% |
| Cash at bank and in hand | 54/58 | €71,194 | €65,382 | -€5,812 | -8.2% |
| Deferred charges and accrued income | 490/1 | €3,844 | €3,196 | -€649 | -16.9% |
| Total equity and liabilities | 10/49 | €412,969 | €393,440 | -€19,529 | -4.7% |
| Equity | 10/15 | €106,123 | €93,039 | -€13,084 | -12.3% |
| Contributions | 10/11 | €95,960 | €95,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,163 | -€2,921 | -€13,084 | |
| Amounts payable | 17/49 | €306,846 | €300,400 | -€6,446 | -2.1% |
| Amounts payable after more than one year | 17 | €245,338 | €229,434 | -€15,904 | -6.5% |
| Financial debts | 170/4 | €245,338 | €229,434 | -€15,904 | -6.5% |
| Amounts payable within one year | 42/48 | €61,508 | €70,966 | +€9,458 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €15,504 | €15,904 | +€400 | +2.6% |
| Trade debts | 44 | €2,561 | €12,884 | +€10,323 | +403.1% |
| Suppliers | 440/4 | €2,561 | €12,884 | +€10,323 | +403.1% |
| Taxes, remuneration and social security | 45 | €7,747 | €3,882 | -€3,865 | -49.9% |
| Taxes | 450/3 | €7,747 | €3,882 | -€3,865 | -49.9% |
| Other amounts payable | 47/48 | €35,697 | €38,297 | +€2,600 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,282 | €26,027 | -€4,255 | -14.1% |
| Other operating charges | 640/8 | €9,663 | €12,635 | +€2,972 | +30.8% |
| Gross operating margin | 9900 | €52,064 | €31,098 | -€20,966 | -40.3% |
| Operating profit (loss) | 9901 | €12,119 | -€7,564 | -€19,684 | |
| Financial income | 75/76B | - | €62 | +€62 | |
| Recurring financial income | 75 | - | €62 | +€62 | |
| Financial charges | 65/66B | €5,327 | €5,581 | +€255 | +4.8% |
| Recurring financial charges | 65 | €5,327 | €5,581 | +€255 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €6,792 | -€13,084 | -€19,876 | |
| Income taxes | 67/77 | €1,890 | - | -€1,890 | |
| Profit (loss) for the period | 9904 | €4,903 | -€13,084 | -€17,986 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,903 | -€13,084 | -€17,986 |
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 10 October 2026 via checked.be.