desK: 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.
desK
Largest movements
- Tangible fixed assets +€31,109
up €31,109 (+80.6%), from €38,583 to €69,692
of which Furniture and vehicles: +€32,159
- Receivables within one year +€5,446
up €5,446 (+1870.5%), from €291 to €5,737
of which Other amounts receivable: +€5,460
- Cash +€2,639
up €2,639 (+2.5%), from €105,651 to €108,290
mainly Net result for the year (+€29,844) and Other debts (+€20,714)
- Reserves +€29,844
up €29,844 (+49.8%), from €59,938 to €89,782
- Other debts +€20,714
up €20,714 (+47.4%), from €43,728 to €64,442
- Debts after one year -€11,421
down €11,421 (-79.6%), from €14,343 to €2,922
- Tax, wage and social debts -€3,668
down €3,668 (-53.1%), from €6,909 to €3,241
of which Remuneration and social security: -€2,303
- Accrued charges and deferred income +€3,015
up €3,015 (+269.4%), from €1,119 to €4,134
- Gross operating margin +€13,883
up €13,883 (+30.2%), from €45,981 to €59,863
- Depreciation +€5,686
up €5,686 (+45.4%), from €12,519 to €18,205
- Financial charges +€2,629
up €2,629 (+107.4%), from €2,448 to €5,077
- Taxes +€610
up €610 (+10.0%), from €6,110 to €6,720
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 | €145,784 | €185,506 | +€39,722 | +27.2% |
| Fixed assets | 21/28 | €38,583 | €69,692 | +€31,109 | +80.6% |
| Tangible fixed assets | 22/27 | €38,583 | €69,692 | +€31,109 | +80.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €28,805 | €60,964 | +€32,159 | +111.6% |
| Other tangible fixed assets | 26 | €9,778 | €8,728 | -€1,050 | -10.7% |
| Current assets | 29/58 | €107,201 | €115,813 | +€8,613 | +8.0% |
| Amounts receivable within one year | 40/41 | €291 | €5,737 | +€5,446 | +1870.5% |
| Trade receivables | 40 | €287 | €273 | -€14 | -4.9% |
| Other amounts receivable | 41 | €4 | €5,464 | +€5,460 | +139633.0% |
| Cash at bank and in hand | 54/58 | €105,651 | €108,290 | +€2,639 | +2.5% |
| Deferred charges and accrued income | 490/1 | €1,259 | €1,786 | +€528 | +41.9% |
| Total equity and liabilities | 10/49 | €145,784 | €185,506 | +€39,722 | +27.2% |
| Equity | 10/15 | €67,438 | €97,282 | +€29,844 | +44.3% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €59,938 | €89,782 | +€29,844 | +49.8% |
| Distributable reserves | 133 | €59,938 | €89,782 | +€29,844 | +49.8% |
| Amounts payable | 17/49 | €78,346 | €88,223 | +€9,877 | +12.6% |
| Amounts payable after more than one year | 17 | €14,343 | €2,922 | -€11,421 | -79.6% |
| Financial debts | 170/4 | €14,343 | €2,922 | -€11,421 | -79.6% |
| Amounts payable within one year | 42/48 | €62,884 | €81,168 | +€18,284 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | €11,007 | €11,421 | +€414 | +3.8% |
| Trade debts | 44 | €1,241 | €2,064 | +€823 | +66.4% |
| Suppliers | 440/4 | €1,241 | €2,064 | +€823 | +66.4% |
| Taxes, remuneration and social security | 45 | €6,909 | €3,241 | -€3,668 | -53.1% |
| Taxes | 450/3 | €2,130 | €765 | -€1,365 | -64.1% |
| Remuneration and social security | 454/9 | €4,779 | €2,476 | -€2,303 | -48.2% |
| Other amounts payable | 47/48 | €43,728 | €64,442 | +€20,714 | +47.4% |
| Accrued charges and deferred income | 492/3 | €1,119 | €4,134 | +€3,015 | +269.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,519 | €18,205 | +€5,686 | +45.4% |
| Other operating charges | 640/8 | €1,084 | €599 | -€485 | -44.8% |
| Gross operating margin | 9900 | €45,981 | €59,863 | +€13,883 | +30.2% |
| Operating profit (loss) | 9901 | €32,378 | €41,059 | +€8,682 | +26.8% |
| Financial income | 75/76B | €30 | €582 | +€552 | +1821.2% |
| Recurring financial income | 75 | €30 | €582 | +€552 | +1821.2% |
| Financial charges | 65/66B | €2,448 | €5,077 | +€2,629 | +107.4% |
| Recurring financial charges | 65 | €2,448 | €5,077 | +€2,629 | +107.4% |
| Profit (loss) for the period before taxes | 9903 | €29,960 | €36,565 | +€6,605 | +22.0% |
| Income taxes | 67/77 | €6,110 | €6,720 | +€610 | +10.0% |
| Profit (loss) for the period | 9904 | €23,850 | €29,844 | +€5,994 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,850 | €29,844 | +€5,994 | +25.1% |
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 7 October 2026 via checked.be.