DEP. VER.: 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.
DEP. VER.
Largest movements
- Cash -€53,582
down €53,582 (-47.0%), from €114,061 to €60,479
mainly Contributions, distributions and other (-€60,963) and Receivables within one year (-€35,642)
- Receivables within one year +€35,642
up €35,642 (+325%), from €10,965 to €46,606
- Reserves -€25,273
down €25,273 (-19.4%), from €130,349 to €105,075
- Other debts +€10,251
up €10,251 (+3,113%), from €329 to €10,581
- Tax, wage and social debts -€3,181
down €3,181 (-31.1%), from €10,220 to €7,039
- Gross operating margin +€7,496
up €7,496 (+16.9%), from €44,241 to €51,737
- Taxes +€2,994
up €2,994 (+22.9%), from €13,084 to €16,078
- Financial income +€1,773
up €1,773 (+497%), from €357 to €2,130
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 | €128,822 | €110,846 | -€17,976 | -14.0% |
| Fixed assets | 21/28 | €927 | - | -€927 | |
| Tangible fixed assets | 22/27 | €927 | - | -€927 | |
| Furniture and vehicles | 24 | €927 | - | -€927 | |
| Current assets | 29/58 | €127,895 | €110,846 | -€17,049 | -13.3% |
| Amounts receivable within one year | 40/41 | €10,965 | €46,606 | +€35,642 | +325% |
| Other amounts receivable | 41 | €10,965 | €46,606 | +€35,642 | +325% |
| Cash at bank and in hand | 54/58 | €114,061 | €60,479 | -€53,582 | -47.0% |
| Deferred charges and accrued income | 490/1 | €2,869 | €3,760 | +€892 | +31.1% |
| Total equity and liabilities | 10/49 | €128,822 | €110,846 | -€17,976 | -14.0% |
| Equity | 10/15 | €118,272 | €92,999 | -€25,273 | -21.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €130,349 | €105,075 | -€25,273 | -19.4% |
| Distributable reserves | 133 | €130,349 | €105,075 | -€25,273 | -19.4% |
| Profit (loss) carried forward | 14 | -€30,668 | -€30,668 | = | 0.0% |
| Amounts payable | 17/49 | €10,549 | €17,846 | +€7,297 | +69.2% |
| Amounts payable within one year | 42/48 | €10,549 | €17,619 | +€7,070 | +67.0% |
| Taxes, remuneration and social security | 45 | €10,220 | €7,039 | -€3,181 | -31.1% |
| Taxes | 450/3 | €10,220 | €7,039 | -€3,181 | -31.1% |
| Other amounts payable | 47/48 | €329 | €10,581 | +€10,251 | +3,113% |
| Accrued charges and deferred income | 492/3 | - | €227 | +€227 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €692 | €927 | +€235 | +34.0% |
| Other operating charges | 640/8 | €996 | €1,032 | +€36 | +3.6% |
| Gross operating margin | 9900 | €44,241 | €51,737 | +€7,496 | +16.9% |
| Operating profit (loss) | 9901 | €42,553 | €49,778 | +€7,225 | +17.0% |
| Financial income | 75/76B | €357 | €2,130 | +€1,773 | +497% |
| Recurring financial income | 75 | €357 | €2,130 | +€1,773 | +497% |
| Financial charges | 65/66B | €19 | €140 | +€121 | +636% |
| Recurring financial charges | 65 | €19 | €140 | +€121 | +636% |
| Profit (loss) for the period before taxes | 9903 | €42,891 | €51,768 | +€8,877 | +20.7% |
| Income taxes | 67/77 | €13,084 | €16,078 | +€2,994 | +22.9% |
| Profit (loss) for the period | 9904 | €29,807 | €35,690 | +€5,883 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,807 | €35,690 | +€5,883 | +19.7% |
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 15 October 2026 via checked.be.