DON'T FORGET: 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.
DON'T FORGET
Largest movements
- Cash +€56,457
up €56,457 (+70.1%), from €80,588 to €137,045
mainly Trade debts (+€80,917) and Net result for the year (+€31,478)
- Receivables within one year +€55,182
up €55,182 (+9.8%), from €565,272 to €620,454
- Trade debts +€80,917
up €80,917 (+20.2%), from €400,782 to €481,699
- Profit (loss) carried forward +€31,478
up €31,478 (+11.3%), from €278,837 to €310,315
- Staff costs +€24,785
up €24,785 (+35.3%), from €70,305 to €95,090
- Gross operating margin -€21,755
down €21,755 (-13.6%), from €160,320 to €138,565
- Taxes -€17,415
down €17,415 (-61.0%), from €28,557 to €11,142
- Provisions +€3,772
up €3,772 (+92.2%), from -€4,092 to -€320
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 | €755,196 | €863,956 | +€108,760 | +14.4% |
| Fixed assets | 21/28 | €103,589 | €102,361 | -€1,228 | -1.2% |
| Tangible fixed assets | 22/27 | €1,228 | - | -€1,228 | |
| Plant, machinery and equipment | 23 | €303 | - | -€303 | |
| Furniture and vehicles | 24 | €925 | - | -€925 | |
| Financial fixed assets | 28 | €102,361 | €102,361 | = | 0.0% |
| Current assets | 29/58 | €651,607 | €761,595 | +€109,988 | +16.9% |
| Stocks and contracts in progress | 3 | €5,747 | €4,096 | -€1,651 | -28.7% |
| Stocks | 30/36 | €5,747 | €4,096 | -€1,651 | -28.7% |
| Amounts receivable within one year | 40/41 | €565,272 | €620,454 | +€55,182 | +9.8% |
| Trade receivables | 40 | €565,272 | €620,454 | +€55,182 | +9.8% |
| Cash at bank and in hand | 54/58 | €80,588 | €137,045 | +€56,457 | +70.1% |
| Total equity and liabilities | 10/49 | €755,196 | €863,956 | +€108,760 | +14.4% |
| Equity | 10/15 | €347,037 | €378,515 | +€31,478 | +9.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Share premium | 1100/10 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,837 | €310,315 | +€31,478 | +11.3% |
| Amounts payable | 17/49 | €408,159 | €485,441 | +€77,282 | +18.9% |
| Amounts payable within one year | 42/48 | €408,159 | €485,441 | +€77,282 | +18.9% |
| Trade debts | 44 | €400,782 | €481,699 | +€80,917 | +20.2% |
| Suppliers | 440/4 | €400,782 | €481,699 | +€80,917 | +20.2% |
| Taxes, remuneration and social security | 45 | €4,146 | €3,512 | -€634 | -15.3% |
| Remuneration and social security | 454/9 | €4,146 | €3,512 | -€634 | -15.3% |
| Other amounts payable | 47/48 | €3,231 | €230 | -€3,001 | -92.9% |
| Remuneration, social security and pensions | 62 | €70,305 | €95,090 | +€24,785 | +35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,068 | €925 | -€143 | -13.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€4,092 | -€320 | +€3,772 | +92.2% |
| Other operating charges | 640/8 | €356 | €558 | +€202 | +56.7% |
| Gross operating margin | 9900 | €160,320 | €138,565 | -€21,755 | -13.6% |
| Operating profit (loss) | 9901 | €92,683 | €42,312 | -€50,371 | -54.3% |
| Financial income | 75/76B | €22 | €374 | +€352 | +1,600% |
| Recurring financial income | 75 | €22 | €374 | +€352 | +1,600% |
| Financial charges | 65/66B | €56 | €66 | +€10 | +17.9% |
| Recurring financial charges | 65 | €56 | €66 | +€10 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €92,649 | €42,620 | -€50,029 | -54.0% |
| Income taxes | 67/77 | €28,557 | €11,142 | -€17,415 | -61.0% |
| Profit (loss) for the period | 9904 | €64,092 | €31,478 | -€32,614 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €64,092 | €31,478 | -€32,614 | -50.9% |
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 16 October 2026 via checked.be.