DEUX: 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.
DEUX
Largest movements
- Receivables within one year +€10,978
up €10,978 (+74.6%), from €14,706 to €25,684
of which Other amounts receivable: +€11,023
- Cash -€1,326
down €1,326 (-56.6%), from €2,345 to €1,018
mainly Other debts (-€17,671) and Receivables within one year (-€10,978)
- Deferred charges and accrued income -€585
down €585 (-92.8%), from €630 to €45
- Other debts -€17,671
no longer reported in 2025 (was €17,671)
- Tax, wage and social debts +€11,036
up €11,036 (+577%), from €1,911 to €12,948
of which Remuneration and social security: +€9,200
- Trade debts +€9,408
up €9,408 (+60.9%), from €15,452 to €24,860
- Profit (loss) carried forward +€5,584
up €5,584 (+28.4%), from -€19,654 to -€14,070
- Accrued charges and deferred income +€450
new in 2025: €450
- Gross operating margin +€3,530
up €3,530 (+111%), from €3,176 to €6,707
- Financial charges -€1,534
down €1,534 (-78.8%), from €1,946 to €412
- Other operating charges +€130
up €130 (+40.3%), from €322 to €452
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 | €18,380 | €27,188 | +€8,808 | +47.9% |
| Fixed assets | 21/28 | €699 | €441 | -€259 | -37.0% |
| Tangible fixed assets | 22/27 | €699 | €441 | -€259 | -37.0% |
| Furniture and vehicles | 24 | €699 | €441 | -€259 | -37.0% |
| Current assets | 29/58 | €17,681 | €26,747 | +€9,067 | +51.3% |
| Amounts receivable within one year | 40/41 | €14,706 | €25,684 | +€10,978 | +74.6% |
| Trade receivables | 40 | €10,397 | €10,351 | -€46 | -0.4% |
| Other amounts receivable | 41 | €4,309 | €15,332 | +€11,023 | +256% |
| Cash at bank and in hand | 54/58 | €2,345 | €1,018 | -€1,326 | -56.6% |
| Deferred charges and accrued income | 490/1 | €630 | €45 | -€585 | -92.8% |
| Total equity and liabilities | 10/49 | €18,380 | €27,188 | +€8,808 | +47.9% |
| Equity | 10/15 | -€16,654 | -€11,070 | +€5,584 | +33.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,654 | -€14,070 | +€5,584 | +28.4% |
| Amounts payable | 17/49 | €35,035 | €38,258 | +€3,223 | +9.2% |
| Amounts payable within one year | 42/48 | €35,035 | €37,808 | +€2,773 | +7.9% |
| Trade debts | 44 | €15,452 | €24,860 | +€9,408 | +60.9% |
| Suppliers | 440/4 | €15,452 | €24,860 | +€9,408 | +60.9% |
| Taxes, remuneration and social security | 45 | €1,911 | €12,948 | +€11,036 | +577% |
| Taxes | 450/3 | €1,911 | €3,748 | +€1,836 | +96.1% |
| Remuneration and social security | 454/9 | - | €9,200 | +€9,200 | |
| Other amounts payable | 47/48 | €17,671 | - | -€17,671 | |
| Accrued charges and deferred income | 492/3 | - | €450 | +€450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €259 | €259 | = | 0.0% |
| Other operating charges | 640/8 | €322 | €452 | +€130 | +40.3% |
| Non-recurring operating charges | 66A | €11,995 | - | -€11,995 | |
| Gross operating margin | 9900 | €3,176 | €6,707 | +€3,530 | +111% |
| Operating profit (loss) | 9901 | -€9,400 | €5,996 | +€15,395 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +7,800% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +7,800% |
| Financial charges | 65/66B | €1,946 | €412 | -€1,534 | -78.8% |
| Recurring financial charges | 65 | €1,946 | €412 | -€1,534 | -78.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,346 | €5,584 | +€16,931 | |
| Income taxes | 67/77 | €64 | - | -€64 | |
| Profit (loss) for the period | 9904 | -€11,410 | €5,584 | +€16,994 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,410 | €5,584 | +€16,994 |
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 22 October 2026 via checked.be.