DEVELOPPEMENT 2000: 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.
DEVELOPPEMENT 2000
Largest movements
- Tangible fixed assets +€13,467
up €13,467 (+146%), from €9,226 to €22,694
of which Furniture and vehicles: +€14,646
- Cash +€5,163
new in 2025: €5,163
mainly Debts after one year (+€13,684) and Current portion of long-term debt (+€4,768)
- Receivables within one year -€3,682
down €3,682 (-34.4%), from €10,695 to €7,013
of which Trade receivables: -€3,845
- Stocks and contracts -€1,736
down €1,736 (-25.8%), from €6,735 to €4,999
- Debts after one year +€13,684
new in 2025: €13,684
- Current portion of long-term debt +€4,768
new in 2025: €4,768
- Tax, wage and social debts -€4,193
down €4,193 (-82.6%), from €5,075 to €882
of which Taxes: -€2,693
- Profit (loss) carried forward +€3,330
up €3,330 (+35.0%), from -€9,511 to -€6,181
- Trade debts -€2,200
down €2,200 (-40.4%), from €5,445 to €3,245
- Depreciation -€1,728
down €1,728 (-33.5%), from €5,162 to €3,434
- Gross operating margin +€909
up €909 (+12.6%), from €7,233 to €8,141
- Other operating charges +€368
up €368 (+212%), from €173 to €541
- Financial charges +€334
up €334 (+65.0%), from €514 to €847
- Staff costs -€87
no longer reported in 2025 (was €87)
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 | €26,657 | €39,869 | +€13,212 | +49.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €9,226 | €22,694 | +€13,467 | +146% |
| Tangible fixed assets | 22/27 | €9,226 | €22,694 | +€13,467 | +146% |
| Land and buildings | 22 | €6,331 | €5,955 | -€376 | -5.9% |
| Plant, machinery and equipment | 23 | €2,097 | €1,294 | -€803 | -38.3% |
| Furniture and vehicles | 24 | €799 | €15,444 | +€14,646 | +1,834% |
| Current assets | 29/58 | €17,430 | €17,175 | -€255 | -1.5% |
| Stocks and contracts in progress | 3 | €6,735 | €4,999 | -€1,736 | -25.8% |
| Stocks | 30/36 | €6,735 | €4,999 | -€1,736 | -25.8% |
| Amounts receivable within one year | 40/41 | €10,695 | €7,013 | -€3,682 | -34.4% |
| Trade receivables | 40 | €10,558 | €6,713 | -€3,845 | -36.4% |
| Other amounts receivable | 41 | €138 | €301 | +€163 | +118% |
| Cash at bank and in hand | 54/58 | - | €5,163 | +€5,163 | |
| Total equity and liabilities | 10/49 | €26,657 | €39,869 | +€13,212 | +49.6% |
| Equity | 10/15 | €8,545 | €11,876 | +€3,330 | +39.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €11,859 | €11,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,511 | -€6,181 | +€3,330 | +35.0% |
| Amounts payable | 17/49 | €18,112 | €27,993 | +€9,881 | +54.6% |
| Amounts payable after more than one year | 17 | - | €13,684 | +€13,684 | |
| Financial debts | 170/4 | - | €13,684 | +€13,684 | |
| Amounts payable within one year | 42/48 | €18,112 | €14,309 | -€3,803 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,768 | +€4,768 | |
| Financial debts | 43 | €50 | - | -€50 | |
| Credit institutions | 430/8 | €50 | - | -€50 | |
| Trade debts | 44 | €5,445 | €3,245 | -€2,200 | -40.4% |
| Suppliers | 440/4 | €5,445 | €3,245 | -€2,200 | -40.4% |
| Taxes, remuneration and social security | 45 | €5,075 | €882 | -€4,193 | -82.6% |
| Taxes | 450/3 | €3,575 | €882 | -€2,693 | -75.3% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €7,542 | €5,414 | -€2,129 | -28.2% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €87 | - | -€87 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,162 | €3,434 | -€1,728 | -33.5% |
| Other operating charges | 640/8 | €173 | €541 | +€368 | +212% |
| Gross operating margin | 9900 | €7,233 | €8,141 | +€909 | +12.6% |
| Operating profit (loss) | 9901 | €1,811 | €4,167 | +€2,356 | +130% |
| Financial income | 75/76B | €69 | €11 | -€58 | -83.9% |
| Recurring financial income | 75 | €69 | €11 | -€58 | -83.9% |
| Financial charges | 65/66B | €514 | €847 | +€334 | +65.0% |
| Recurring financial charges | 65 | €514 | €847 | +€334 | +65.0% |
| Profit (loss) for the period before taxes | 9903 | €1,366 | €3,330 | +€1,964 | +144% |
| Profit (loss) for the period | 9904 | €1,366 | €3,330 | +€1,964 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €1,366 | €3,330 | +€1,964 | +144% |
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 24 October 2026 via checked.be.