DIMITRI CARPENTIER: 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.
DIMITRI CARPENTIER
Largest movements
- Tangible fixed assets -€12,092
down €12,092 (-20.1%), from €60,115 to €48,023
of which Furniture and vehicles: -€10,677
- Deferred charges and accrued income +€9,821
new in 2025: €9,821
- Cash -€9,093
down €9,093 (-8.2%), from €111,055 to €101,962
mainly Contributions, distributions and other (-€14,118) and Deferred charges and accrued income (-€9,821)
- Receivables within one year +€4,652
up €4,652 (+18.1%), from €25,760 to €30,411
of which Trade receivables: +€6,869
- Other debts +€11,541
up €11,541 (+99.3%), from €11,627 to €23,168
- Reserves -€10,476
down €10,476 (-7.0%), from €148,900 to €138,424
- Trade debts -€6,155
down €6,155 (-31.9%), from €19,313 to €13,158
- Gross operating margin -€12,589
down €12,589 (-36.2%), from €34,786 to €22,197
- Taxes -€2,440
down €2,440 (-41.2%), from €5,922 to €3,481
- Financial income +€429
up €429 (+281%), from €153 to €582
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 | €196,929 | €190,218 | -€6,712 | -3.4% |
| Fixed assets | 21/28 | €60,115 | €48,023 | -€12,092 | -20.1% |
| Tangible fixed assets | 22/27 | €60,115 | €48,023 | -€12,092 | -20.1% |
| Land and buildings | 22 | €11,964 | €10,550 | -€1,415 | -11.8% |
| Furniture and vehicles | 24 | €48,151 | €37,474 | -€10,677 | -22.2% |
| Current assets | 29/58 | €136,814 | €142,194 | +€5,380 | +3.9% |
| Amounts receivable within one year | 40/41 | €25,760 | €30,411 | +€4,652 | +18.1% |
| Trade receivables | 40 | €23,500 | €30,370 | +€6,869 | +29.2% |
| Other amounts receivable | 41 | €2,259 | €42 | -€2,218 | -98.2% |
| Cash at bank and in hand | 54/58 | €111,055 | €101,962 | -€9,093 | -8.2% |
| Deferred charges and accrued income | 490/1 | - | €9,821 | +€9,821 | |
| Total equity and liabilities | 10/49 | €196,929 | €190,218 | -€6,712 | -3.4% |
| Equity | 10/15 | €159,106 | €148,424 | -€10,682 | -6.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €148,900 | €138,424 | -€10,476 | -7.0% |
| Distributable reserves | 133 | €148,900 | €138,424 | -€10,476 | -7.0% |
| Profit (loss) carried forward | 14 | €206 | €0 | -€206 | -100% |
| Amounts payable | 17/49 | €37,823 | €41,793 | +€3,970 | +10.5% |
| Amounts payable within one year | 42/48 | €37,823 | €41,793 | +€3,970 | +10.5% |
| Trade debts | 44 | €19,313 | €13,158 | -€6,155 | -31.9% |
| Suppliers | 440/4 | €19,313 | €13,158 | -€6,155 | -31.9% |
| Taxes, remuneration and social security | 45 | €6,884 | €5,468 | -€1,416 | -20.6% |
| Taxes | 450/3 | €6,884 | €5,468 | -€1,416 | -20.6% |
| Other amounts payable | 47/48 | €11,627 | €23,168 | +€11,541 | +99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,212 | €14,404 | +€192 | +1.4% |
| Other operating charges | 640/8 | €1,327 | €1,392 | +€65 | +4.9% |
| Gross operating margin | 9900 | €34,786 | €22,197 | -€12,589 | -36.2% |
| Operating profit (loss) | 9901 | €19,246 | €6,400 | -€12,846 | -66.7% |
| Financial income | 75/76B | €153 | €582 | +€429 | +281% |
| Recurring financial income | 75 | €153 | €582 | +€429 | +281% |
| Financial charges | 65/66B | €68 | €65 | -€3 | -3.7% |
| Recurring financial charges | 65 | €68 | €65 | -€3 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €19,331 | €6,917 | -€12,414 | -64.2% |
| Income taxes | 67/77 | €5,922 | €3,481 | -€2,440 | -41.2% |
| Profit (loss) for the period | 9904 | €13,410 | €3,436 | -€9,974 | -74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,410 | €3,436 | -€9,974 | -74.4% |
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 29 October 2026 via checked.be.