Decode: 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.
Decode
Largest movements
- Cash +€6,375
up €6,375 (+48.9%), from €13,047 to €19,422
mainly Trade debts (+€8,166) and Deferred charges and accrued income (+€3,146)
- Deferred charges and accrued income -€3,146
down €3,146 (-22.6%), from €13,895 to €10,748
- Tangible fixed assets -€575
down €575 (-12.5%), from €4,594 to €4,019
- Other debts -€11,306
down €11,306 (-90.6%), from €12,477 to €1,171
- Trade debts +€8,166
up €8,166 (+155.7%), from €5,244 to €13,409
- Tax, wage and social debts +€2,895
up €2,895 (+42.5%), from €6,810 to €9,705
- Reserves +€2,892
up €2,892 (+139.8%), from €2,068 to €4,960
- Gross operating margin +€2,767
up €2,767 (+36.3%), from €7,629 to €10,396
- Depreciation +€997
up €997 (+91.8%), from €1,086 to €2,083
- Staff costs +€947
up €947 (+397.3%), from €238 to €1,186
- Other operating charges -€458
down €458 (-25.6%), from €1,788 to €1,331
- Taxes +€157
up €157 (+6.8%), from €2,303 to €2,460
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 | €31,598 | €34,245 | +€2,647 | +8.4% |
| Fixed assets | 21/28 | €4,594 | €4,019 | -€575 | -12.5% |
| Tangible fixed assets | 22/27 | €4,594 | €4,019 | -€575 | -12.5% |
| Furniture and vehicles | 24 | €4,594 | €4,019 | -€575 | -12.5% |
| Current assets | 29/58 | €27,005 | €30,226 | +€3,222 | +11.9% |
| Amounts receivable within one year | 40/41 | €63 | €56 | -€7 | -10.7% |
| Other amounts receivable | 41 | €63 | €56 | -€7 | -10.7% |
| Cash at bank and in hand | 54/58 | €13,047 | €19,422 | +€6,375 | +48.9% |
| Deferred charges and accrued income | 490/1 | €13,895 | €10,748 | -€3,146 | -22.6% |
| Total equity and liabilities | 10/49 | €31,598 | €34,245 | +€2,647 | +8.4% |
| Equity | 10/15 | €7,068 | €9,960 | +€2,892 | +40.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,068 | €4,960 | +€2,892 | +139.8% |
| Distributable reserves | 133 | €2,068 | €4,960 | +€2,892 | +139.8% |
| Amounts payable | 17/49 | €24,530 | €24,285 | -€245 | -1.0% |
| Amounts payable within one year | 42/48 | €24,530 | €24,285 | -€245 | -1.0% |
| Trade debts | 44 | €5,244 | €13,409 | +€8,166 | +155.7% |
| Suppliers | 440/4 | €5,244 | €13,409 | +€8,166 | +155.7% |
| Taxes, remuneration and social security | 45 | €6,810 | €9,705 | +€2,895 | +42.5% |
| Taxes | 450/3 | €6,810 | €9,705 | +€2,895 | +42.5% |
| Other amounts payable | 47/48 | €12,477 | €1,171 | -€11,306 | -90.6% |
| Remuneration, social security and pensions | 62 | €238 | €1,186 | +€947 | +397.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,086 | €2,083 | +€997 | +91.8% |
| Other operating charges | 640/8 | €1,788 | €1,331 | -€458 | -25.6% |
| Non-recurring operating charges | 66A | - | €233 | +€233 | |
| Gross operating margin | 9900 | €7,629 | €10,396 | +€2,767 | +36.3% |
| Operating profit (loss) | 9901 | €4,516 | €5,564 | +€1,048 | +23.2% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €144 | €217 | +€73 | +50.5% |
| Recurring financial charges | 65 | €144 | €217 | +€73 | +50.5% |
| Profit (loss) for the period before taxes | 9903 | €4,372 | €5,352 | +€980 | +22.4% |
| Income taxes | 67/77 | €2,303 | €2,460 | +€157 | +6.8% |
| Profit (loss) for the period | 9904 | €2,068 | €2,892 | +€823 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,068 | €2,892 | +€823 | +39.8% |
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 29 September 2026 via checked.be.