Décomic: 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.
Décomic
Largest movements
- Receivables within one year +€12,503
up €12,503 (+9.2%), from €135,461 to €147,965
of which Trade receivables: +€10,404
- Cash -€6,417
down €6,417 (-33.8%), from €19,009 to €12,591
mainly Net result for the year (-€21,651) and Current portion of long-term debt (-€16,432)
- Tangible fixed assets -€3,562
down €3,562 (-55.5%), from €6,415 to €2,853
of which Plant, machinery and equipment: -€3,001
- Trade debts +€29,854
up €29,854 (+92.6%), from €32,252 to €62,105
- Tax, wage and social debts +€26,610
up €26,610 (+240%), from €11,078 to €37,688
of which Taxes: +€26,210
- Profit (loss) carried forward -€21,651
down €21,651 (-34.4%), from €62,982 to €41,330
- Current portion of long-term debt -€16,432
down €16,432 (-60.3%), from €27,261 to €10,830
- Debts after one year -€10,830
no longer reported in 2025 (was €10,830)
- Gross operating margin -€31,451
down €31,451, from €16,896 to -€14,554
- Taxes -€4,615
down €4,615 (-100.0%), from €4,617 to €2
- Other operating charges -€2,458
down €2,458 (-63.0%), from €3,899 to €1,441
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 | €163,186 | €166,213 | +€3,027 | +1.9% |
| Fixed assets | 21/28 | €6,445 | €2,883 | -€3,562 | -55.3% |
| Tangible fixed assets | 22/27 | €6,415 | €2,853 | -€3,562 | -55.5% |
| Plant, machinery and equipment | 23 | €5,293 | €2,292 | -€3,001 | -56.7% |
| Furniture and vehicles | 24 | €1,121 | €561 | -€561 | -50.0% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €156,741 | €163,330 | +€6,589 | +4.2% |
| Amounts receivable within one year | 40/41 | €135,461 | €147,965 | +€12,503 | +9.2% |
| Trade receivables | 40 | €58,604 | €69,008 | +€10,404 | +17.8% |
| Other amounts receivable | 41 | €76,857 | €78,957 | +€2,099 | +2.7% |
| Cash at bank and in hand | 54/58 | €19,009 | €12,591 | -€6,417 | -33.8% |
| Deferred charges and accrued income | 490/1 | €2,271 | €2,774 | +€503 | +22.1% |
| Total equity and liabilities | 10/49 | €163,186 | €166,213 | +€3,027 | +1.9% |
| Equity | 10/15 | €77,242 | €55,590 | -€21,651 | -28.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,982 | €41,330 | -€21,651 | -34.4% |
| Amounts payable | 17/49 | €85,944 | €110,623 | +€24,679 | +28.7% |
| Amounts payable after more than one year | 17 | €10,830 | - | -€10,830 | |
| Financial debts | 170/4 | €10,830 | - | -€10,830 | |
| Amounts payable within one year | 42/48 | €75,115 | €110,623 | +€35,508 | +47.3% |
| Current portion of amounts payable after more than one year | 42 | €27,261 | €10,830 | -€16,432 | -60.3% |
| Trade debts | 44 | €32,252 | €62,105 | +€29,854 | +92.6% |
| Suppliers | 440/4 | €32,252 | €62,105 | +€29,854 | +92.6% |
| Advances received on contracts in progress | 46 | €4,524 | - | -€4,524 | |
| Taxes, remuneration and social security | 45 | €11,078 | €37,688 | +€26,610 | +240% |
| Taxes | 450/3 | €11,078 | €37,288 | +€26,210 | +237% |
| Remuneration and social security | 454/9 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,562 | €3,562 | = | 0.0% |
| Other operating charges | 640/8 | €3,899 | €1,441 | -€2,458 | -63.0% |
| Gross operating margin | 9900 | €16,896 | -€14,554 | -€31,451 | |
| Operating profit (loss) | 9901 | €9,436 | -€19,557 | -€28,992 | |
| Financial charges | 65/66B | €2,134 | €2,092 | -€42 | -2.0% |
| Recurring financial charges | 65 | €2,134 | €2,092 | -€42 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €7,301 | -€21,649 | -€28,950 | |
| Income taxes | 67/77 | €4,617 | €2 | -€4,615 | -100.0% |
| Profit (loss) for the period | 9904 | €2,684 | -€21,651 | -€24,336 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,684 | -€21,651 | -€24,336 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.