DEVELOPMENT SURVEYS: 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.
DEVELOPMENT SURVEYS
Largest movements
- Tangible fixed assets -€39,056
down €39,056 (-6.7%), from €582,992 to €543,936
of which Land and buildings: -€40,123
- Cash +€9,717
up €9,717 (+17.4%), from €55,947 to €65,664
mainly Depreciation (+€40,140) and Accrued charges and deferred income (+€3,667)
- Profit (loss) carried forward -€29,347
down €29,347 (-53.3%), from -€55,061 to -€84,407
- Debts after one year -€10,000
down €10,000 (-1.9%), from €535,000 to €525,000
- Other operating charges +€7,142
up €7,142 (+120.2%), from €5,940 to €13,082
- Depreciation -€3,289
down €3,289 (-7.6%), from €43,429 to €40,140
- Financial charges -€1,923
down €1,923 (-71.8%), from €2,680 to €757
- Financial income +€1,128
up €1,128 (+40.8%), from €2,763 to €3,891
- Taxes +€733
up €733, from -€548 to €185
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 | €718,213 | €688,379 | -€29,834 | -4.2% |
| Fixed assets | 21/28 | €582,992 | €543,936 | -€39,056 | -6.7% |
| Tangible fixed assets | 22/27 | €582,992 | €543,936 | -€39,056 | -6.7% |
| Land and buildings | 22 | €580,017 | €539,893 | -€40,123 | -6.9% |
| Furniture and vehicles | 24 | €2,975 | €4,042 | +€1,067 | +35.9% |
| Current assets | 29/58 | €135,222 | €144,444 | +€9,222 | +6.8% |
| Amounts receivable within one year | 40/41 | €8,890 | €6,605 | -€2,285 | -25.7% |
| Trade receivables | 40 | €1,496 | €4,577 | +€3,081 | +206.0% |
| Other amounts receivable | 41 | €7,394 | €2,028 | -€5,366 | -72.6% |
| Current investments | 50/53 | €66,975 | €66,849 | -€126 | -0.2% |
| Cash at bank and in hand | 54/58 | €55,947 | €65,664 | +€9,717 | +17.4% |
| Deferred charges and accrued income | 490/1 | €3,410 | €5,325 | +€1,916 | +56.2% |
| Total equity and liabilities | 10/49 | €718,213 | €688,379 | -€29,834 | -4.2% |
| Equity | 10/15 | €171,528 | €142,181 | -€29,347 | -17.1% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €207,838 | €207,838 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,250 | €26,250 | = | 0.0% |
| Distributable reserves | 133 | €181,588 | €181,588 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,061 | -€84,407 | -€29,347 | -53.3% |
| Amounts payable | 17/49 | €546,686 | €546,199 | -€487 | -0.1% |
| Amounts payable after more than one year | 17 | €535,000 | €525,000 | -€10,000 | -1.9% |
| Other amounts payable | 178/9 | €535,000 | €525,000 | -€10,000 | -1.9% |
| Amounts payable within one year | 42/48 | €8,799 | €14,644 | +€5,845 | +66.4% |
| Trade debts | 44 | €3,628 | €7,274 | +€3,646 | +100.5% |
| Suppliers | 440/4 | €3,628 | €7,274 | +€3,646 | +100.5% |
| Advances received on contracts in progress | 46 | €3,921 | €3,887 | -€34 | -0.9% |
| Other amounts payable | 47/48 | €1,250 | €3,483 | +€2,233 | +178.7% |
| Accrued charges and deferred income | 492/3 | €2,887 | €6,554 | +€3,667 | +127.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,429 | €40,140 | -€3,289 | -7.6% |
| Other operating charges | 640/8 | €5,940 | €13,082 | +€7,142 | +120.2% |
| Gross operating margin | 9900 | €21,651 | €20,926 | -€725 | -3.3% |
| Operating profit (loss) | 9901 | -€27,718 | -€32,296 | -€4,578 | -16.5% |
| Financial income | 75/76B | €2,763 | €3,891 | +€1,128 | +40.8% |
| Recurring financial income | 75 | €2,763 | €3,891 | +€1,128 | +40.8% |
| Financial charges | 65/66B | €2,680 | €757 | -€1,923 | -71.8% |
| Recurring financial charges | 65 | €2,680 | €757 | -€1,923 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,635 | -€29,162 | -€1,527 | -5.5% |
| Income taxes | 67/77 | -€548 | €185 | +€733 | |
| Profit (loss) for the period | 9904 | -€27,087 | -€29,347 | -€2,260 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,087 | -€29,347 | -€2,260 | -8.3% |
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 29 September 2026 via checked.be.