Deadlock: 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.
Deadlock
Largest movements
- Current investments +€55,005
new in 2025: €55,005
- Cash -€22,778
down €22,778 (-34.4%), from €66,278 to €43,500
mainly Contributions, distributions and other (-€115,564) and Current investments (-€55,005)
- Receivables within one year +€3,328
new in 2025: €3,328
- Tangible fixed assets +€2,222
up €2,222 (+5.7%), from €38,802 to €41,024
of which Land and buildings: +€9,394
- Other debts +€100,144
new in 2025: €100,144
- Profit (loss) carried forward -€76,157
down €76,157 (-100%), from €76,157 to €0
- Tax, wage and social debts +€20,502
up €20,502 (+245%), from €8,381 to €28,883
of which Taxes: +€12,177
- Current portion of long-term debt -€6,292
down €6,292 (-100%), from €6,292 to €0
- Gross operating margin -€16,966
down €16,966 (-21.2%), from €80,158 to €63,191
- Taxes -€3,828
down €3,828 (-24.7%), from €15,480 to €11,652
- Depreciation -€1,338
down €1,338 (-11.5%), from €11,660 to €10,322
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 | €108,098 | €144,884 | +€36,786 | +34.0% |
| Fixed assets | 21/28 | €39,202 | €41,424 | +€2,222 | +5.7% |
| Tangible fixed assets | 22/27 | €38,802 | €41,024 | +€2,222 | +5.7% |
| Land and buildings | 22 | €27,969 | €37,363 | +€9,394 | +33.6% |
| Furniture and vehicles | 24 | €10,833 | €3,661 | -€7,172 | -66.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €68,896 | €103,460 | +€34,564 | +50.2% |
| Amounts receivable within one year | 40/41 | - | €3,328 | +€3,328 | |
| Other amounts receivable | 41 | - | €3,328 | +€3,328 | |
| Current investments | 50/53 | - | €55,005 | +€55,005 | |
| Cash at bank and in hand | 54/58 | €66,278 | €43,500 | -€22,778 | -34.4% |
| Deferred charges and accrued income | 490/1 | €2,618 | €1,627 | -€992 | -37.9% |
| Total equity and liabilities | 10/49 | €108,098 | €144,884 | +€36,786 | +34.0% |
| Equity | 10/15 | €90,417 | €14,260 | -€76,157 | -84.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,157 | €0 | -€76,157 | -100% |
| Amounts payable | 17/49 | €17,681 | €130,624 | +€112,943 | +639% |
| Amounts payable within one year | 42/48 | €17,681 | €130,624 | +€112,943 | +639% |
| Current portion of amounts payable after more than one year | 42 | €6,292 | €0 | -€6,292 | -100% |
| Trade debts | 44 | €3,008 | €1,597 | -€1,411 | -46.9% |
| Suppliers | 440/4 | €3,008 | €1,597 | -€1,411 | -46.9% |
| Taxes, remuneration and social security | 45 | €8,381 | €28,883 | +€20,502 | +245% |
| Taxes | 450/3 | €8,381 | €20,558 | +€12,177 | +145% |
| Remuneration and social security | 454/9 | - | €8,325 | +€8,325 | |
| Other amounts payable | 47/48 | - | €100,144 | +€100,144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,660 | €10,322 | -€1,338 | -11.5% |
| Other operating charges | 640/8 | €1,033 | €1,305 | +€272 | +26.3% |
| Non-recurring operating charges | 66A | - | €334 | +€334 | |
| Gross operating margin | 9900 | €80,158 | €63,191 | -€16,966 | -21.2% |
| Operating profit (loss) | 9901 | €67,465 | €51,230 | -€16,235 | -24.1% |
| Financial income | 75/76B | €290 | €320 | +€30 | +10.4% |
| Recurring financial income | 75 | €290 | €320 | +€30 | +10.4% |
| Financial charges | 65/66B | €616 | €491 | -€125 | -20.3% |
| Recurring financial charges | 65 | €616 | €491 | -€125 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €67,139 | €51,060 | -€16,080 | -23.9% |
| Income taxes | 67/77 | €15,480 | €11,652 | -€3,828 | -24.7% |
| Profit (loss) for the period | 9904 | €51,659 | €39,408 | -€12,252 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,659 | €39,408 | -€12,252 | -23.7% |
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 22 October 2026 via checked.be.