DEMO: 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.
DEMO
Largest movements
- Cash +€19,867
up €19,867 (+607.5%), from €3,270 to €23,137
mainly Other debts (+€42,557) and Smaller working-capital items (+€97)
- Receivables within one year +€18,479
up €18,479 (+11.3%), from €163,600 to €182,079
- Deferred charges and accrued income +€3,500
up €3,500, from €0 to €3,500
- Other debts +€42,557
up €42,557 (+48.6%), from €87,573 to €130,129
- Gross operating margin -€915
down €915 (-4.9%), from €18,873 to €17,958
- Other operating charges +€615
up €615 (+3.4%), from €17,891 to €18,506
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 | €266,057 | €307,903 | +€41,846 | +15.7% |
| Fixed assets | 21/28 | €99,186 | €99,186 | = | 0.0% |
| Tangible fixed assets | 22/27 | €99,157 | €99,157 | = | 0.0% |
| Land and buildings | 22 | €99,157 | €99,157 | = | 0.0% |
| Financial fixed assets | 28 | €29 | €29 | = | 0.0% |
| Current assets | 29/58 | €166,871 | €208,717 | +€41,846 | +25.1% |
| Amounts receivable within one year | 40/41 | €163,600 | €182,079 | +€18,479 | +11.3% |
| Other amounts receivable | 41 | €163,600 | €182,079 | +€18,479 | +11.3% |
| Cash at bank and in hand | 54/58 | €3,270 | €23,137 | +€19,867 | +607.5% |
| Deferred charges and accrued income | 490/1 | €0 | €3,500 | +€3,500 | |
| Total equity and liabilities | 10/49 | €266,057 | €307,903 | +€41,846 | +15.7% |
| Equity | 10/15 | €177,340 | €176,533 | -€807 | -0.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €115,200 | €114,200 | -€1,000 | -0.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €109,000 | €108,000 | -€1,000 | -0.9% |
| Profit (loss) carried forward | 14 | €140 | €333 | +€193 | +137.4% |
| Amounts payable | 17/49 | €88,717 | €131,370 | +€42,653 | +48.1% |
| Amounts payable within one year | 42/48 | €88,426 | €131,070 | +€42,644 | +48.2% |
| Trade debts | 44 | €854 | €941 | +€87 | +10.2% |
| Suppliers | 440/4 | €854 | €941 | +€87 | +10.2% |
| Other amounts payable | 47/48 | €87,573 | €130,129 | +€42,557 | +48.6% |
| Accrued charges and deferred income | 492/3 | €291 | €300 | +€9 | +3.2% |
| Other operating charges | 640/8 | €17,891 | €18,506 | +€615 | +3.4% |
| Gross operating margin | 9900 | €18,873 | €17,958 | -€915 | -4.9% |
| Operating profit (loss) | 9901 | €983 | -€548 | -€1,530 | |
| Financial charges | 65/66B | €213 | €260 | +€47 | +22.0% |
| Recurring financial charges | 65 | €213 | €260 | +€47 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €770 | -€807 | -€1,577 | |
| Profit (loss) for the period | 9904 | €770 | -€807 | -€1,577 | |
| Profit (loss) for the period to be appropriated | 9905 | €770 | -€807 | -€1,577 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.