Done: 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.
Done
Largest movements
- Tangible fixed assets -€85,761
down €85,761 (-83.5%), from €102,678 to €16,916
of which Land and buildings: -€84,243
- Receivables after one year +€11,000
up €11,000 (+64.7%), from €17,000 to €28,000
- Receivables within one year -€2,842
down €2,842 (-18.7%), from €15,180 to €12,338
of which Trade receivables: -€2,410
- Deferred charges and accrued income +€2,190
up €2,190 (+224.4%), from €976 to €3,166
- Debts after one year -€83,875
no longer reported in 2025 (was €83,875)
- Profit (loss) carried forward +€8,166
up €8,166 (+97.3%), from €8,390 to €16,556
- Tax, wage and social debts +€4,724
up €4,724 (+49.1%), from €9,615 to €14,339
- Short-term financial debts -€4,182
no longer reported in 2025 (was €4,182)
- Gross operating margin +€21,950
up €21,950 (+118.3%), from €18,554 to €40,504
- Depreciation -€15,264
down €15,264 (-85.8%), from €17,782 to €2,518
- Taxes +€7,495
up €7,495, from -€1 to €7,494
- Financial charges +€3,826
up €3,826 (+82.7%), from €4,625 to €8,451
- Write-downs -€2,273
new in 2025: -€2,273
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 | €135,834 | €60,518 | -€75,316 | -55.4% |
| Fixed assets | 21/28 | €102,678 | €16,916 | -€85,761 | -83.5% |
| Tangible fixed assets | 22/27 | €102,678 | €16,916 | -€85,761 | -83.5% |
| Land and buildings | 22 | €84,243 | - | -€84,243 | |
| Plant, machinery and equipment | 23 | €6,860 | €6,017 | -€843 | -12.3% |
| Furniture and vehicles | 24 | €11,574 | €10,899 | -€675 | -5.8% |
| Current assets | 29/58 | €33,156 | €43,602 | +€10,446 | +31.5% |
| Amounts receivable after more than one year | 29 | €17,000 | €28,000 | +€11,000 | +64.7% |
| Other amounts receivable | 291 | €17,000 | €28,000 | +€11,000 | +64.7% |
| Amounts receivable within one year | 40/41 | €15,180 | €12,338 | -€2,842 | -18.7% |
| Trade receivables | 40 | €14,748 | €12,338 | -€2,410 | -16.3% |
| Other amounts receivable | 41 | €432 | - | -€432 | |
| Cash at bank and in hand | 54/58 | - | €98 | +€98 | |
| Deferred charges and accrued income | 490/1 | €976 | €3,166 | +€2,190 | +224.4% |
| Total equity and liabilities | 10/49 | €135,834 | €60,518 | -€75,316 | -55.4% |
| Equity | 10/15 | €22,450 | €30,616 | +€8,166 | +36.4% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,390 | €16,556 | +€8,166 | +97.3% |
| Amounts payable | 17/49 | €113,384 | €29,902 | -€83,482 | -73.6% |
| Amounts payable after more than one year | 17 | €83,875 | - | -€83,875 | |
| Financial debts | 170/4 | €83,875 | - | -€83,875 | |
| Amounts payable within one year | 42/48 | €28,722 | €29,902 | +€1,180 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €8,129 | €8,000 | -€129 | -1.6% |
| Financial debts | 43 | €4,182 | - | -€4,182 | |
| Credit institutions | 430/8 | €4,182 | - | -€4,182 | |
| Trade debts | 44 | €6,796 | €7,368 | +€572 | +8.4% |
| Suppliers | 440/4 | €6,796 | €7,368 | +€572 | +8.4% |
| Taxes, remuneration and social security | 45 | €9,615 | €14,339 | +€4,724 | +49.1% |
| Taxes | 450/3 | €9,615 | €14,339 | +€4,724 | +49.1% |
| Other amounts payable | 47/48 | - | €195 | +€195 | |
| Accrued charges and deferred income | 492/3 | €787 | - | -€787 | |
| Non-recurring operating income | 76A | - | €13,257 | +€13,257 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,782 | €2,518 | -€15,264 | -85.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,273 | -€2,273 | |
| Other operating charges | 640/8 | €2,449 | €1,149 | -€1,300 | -53.1% |
| Gross operating margin | 9900 | €18,554 | €40,504 | +€21,950 | +118.3% |
| Operating profit (loss) | 9901 | -€1,677 | €39,110 | +€40,787 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €4,625 | €8,451 | +€3,826 | +82.7% |
| Recurring financial charges | 65 | €4,625 | €8,451 | +€3,826 | +82.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,302 | €30,660 | +€36,962 | |
| Income taxes | 67/77 | -€1 | €7,494 | +€7,495 | |
| Profit (loss) for the period | 9904 | -€6,301 | €23,166 | +€29,467 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,301 | €23,166 | +€29,467 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.