Déjà-Vu: 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.
Déjà-Vu
Largest movements
- Receivables within one year +€29,148
up €29,148 (+19.0%), from €153,623 to €182,771
of which Other amounts receivable: +€28,545
- Cash +€9,453
up €9,453 (+127.2%), from €7,431 to €16,884
mainly Other debts (+€77,409) and Net result for the year (+€11,390)
- Stocks and contracts +€7,365
up €7,365 (+8.4%), from €88,092 to €95,457
- Other debts +€77,409
up €77,409 (+250.2%), from €30,935 to €108,344
- Short-term financial debts -€31,062
down €31,062 (-85.0%), from €36,525 to €5,463
of which Other loans: -€30,132
- Trade debts -€13,460
down €13,460 (-45.7%), from €29,468 to €16,008
- Reserves +€11,390
up €11,390 (+13.0%), from €87,526 to €98,916
- Tax, wage and social debts +€6,126
up €6,126 (+20.5%), from €29,815 to €35,941
of which Remuneration and social security: +€7,067
- Gross operating margin -€61,682
down €61,682 (-41.0%), from €150,469 to €88,787
- Staff costs -€26,422
down €26,422 (-29.6%), from €89,177 to €62,754
- Financial charges -€8,288
down €8,288 (-78.7%), from €10,532 to €2,244
- Taxes -€4,895
down €4,895 (-35.3%), from €13,851 to €8,956
- Other operating charges -€4,377
down €4,377 (-29.1%), from €15,037 to €10,660
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 | €250,559 | €298,993 | +€48,434 | +19.3% |
| Fixed assets | 21/28 | €1,413 | €2,741 | +€1,328 | +94.0% |
| Tangible fixed assets | 22/27 | €1,413 | €2,741 | +€1,328 | +94.0% |
| Furniture and vehicles | 24 | €1,413 | €2,741 | +€1,328 | +94.0% |
| Current assets | 29/58 | €249,146 | €296,252 | +€47,106 | +18.9% |
| Stocks and contracts in progress | 3 | €88,092 | €95,457 | +€7,365 | +8.4% |
| Stocks | 30/36 | €88,092 | €95,457 | +€7,365 | +8.4% |
| Amounts receivable within one year | 40/41 | €153,623 | €182,771 | +€29,148 | +19.0% |
| Trade receivables | 40 | €468 | €1,072 | +€603 | +128.7% |
| Other amounts receivable | 41 | €153,154 | €181,700 | +€28,545 | +18.6% |
| Cash at bank and in hand | 54/58 | €7,431 | €16,884 | +€9,453 | +127.2% |
| Deferred charges and accrued income | 490/1 | - | €1,139 | +€1,139 | |
| Total equity and liabilities | 10/49 | €250,559 | €298,993 | +€48,434 | +19.3% |
| Equity | 10/15 | €121,816 | €133,236 | +€11,420 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,526 | €98,916 | +€11,390 | +13.0% |
| Distributable reserves | 133 | €87,526 | €98,916 | +€11,390 | +13.0% |
| Profit (loss) carried forward | 14 | €15,690 | €15,720 | +€30 | +0.2% |
| Amounts payable | 17/49 | €128,743 | €165,756 | +€37,013 | +28.7% |
| Amounts payable within one year | 42/48 | €126,743 | €165,756 | +€39,013 | +30.8% |
| Financial debts | 43 | €36,525 | €5,463 | -€31,062 | -85.0% |
| Credit institutions | 430/8 | €930 | €0 | -€930 | -100.0% |
| Other loans | 439 | €35,595 | €5,463 | -€30,132 | -84.7% |
| Trade debts | 44 | €29,468 | €16,008 | -€13,460 | -45.7% |
| Suppliers | 440/4 | €29,468 | €16,008 | -€13,460 | -45.7% |
| Taxes, remuneration and social security | 45 | €29,815 | €35,941 | +€6,126 | +20.5% |
| Taxes | 450/3 | €18,292 | €17,352 | -€941 | -5.1% |
| Remuneration and social security | 454/9 | €11,522 | €18,589 | +€7,067 | +61.3% |
| Other amounts payable | 47/48 | €30,935 | €108,344 | +€77,409 | +250.2% |
| Accrued charges and deferred income | 492/3 | €2,000 | €0 | -€2,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €89,177 | €62,754 | -€26,422 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59 | €308 | +€249 | +422.8% |
| Other operating charges | 640/8 | €15,037 | €10,660 | -€4,377 | -29.1% |
| Gross operating margin | 9900 | €150,469 | €88,787 | -€61,682 | -41.0% |
| Operating profit (loss) | 9901 | €46,197 | €15,065 | -€31,132 | -67.4% |
| Financial income | 75/76B | €8,202 | €7,526 | -€676 | -8.2% |
| Recurring financial income | 75 | €8,202 | €7,526 | -€676 | -8.2% |
| Financial charges | 65/66B | €10,532 | €2,244 | -€8,288 | -78.7% |
| Recurring financial charges | 65 | €10,532 | €2,244 | -€8,288 | -78.7% |
| Profit (loss) for the period before taxes | 9903 | €43,867 | €20,346 | -€23,520 | -53.6% |
| Income taxes | 67/77 | €13,851 | €8,956 | -€4,895 | -35.3% |
| Profit (loss) for the period | 9904 | €30,016 | €11,390 | -€18,626 | -62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,016 | €11,390 | -€18,626 | -62.1% |
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 9 October 2026 via checked.be.