DOUBLE DIGIT: 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.
DOUBLE DIGIT
Largest movements
- Financial fixed assets -€210,000
down €210,000 (-9.5%), from €2.2m to €2.0m
- Cash +€80,525
up €80,525 (+235%), from €34,302 to €114,827
mainly Investment in fixed assets (net) (+€210,000) and Other debts (+€88,381)
- Short-term financial debts -€200,000
down €200,000 (-100%), from €200,000 to €0
- Other debts +€88,381
up €88,381 (+87.1%), from €101,447 to €189,828
- Profit (loss) carried forward +€25,208
up €25,208 (+48.5%), from -€51,949 to -€26,741
- Financial income -€85,000
down €85,000 (-50.0%), from €170,000 to €85,000
of which Financial income: -€170,000
- Gross operating margin -€22,599
down €22,599 (-197%), from -€11,480 to -€34,079
- Staff costs -€1,675
down €1,675 (-34.3%), from €4,887 to €3,211
- Financial charges -€1,301
down €1,301 (-5.7%), from €22,709 to €21,408
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 | €2,254,972 | €2,127,885 | -€127,087 | -5.6% |
| Fixed assets | 21/28 | €2,210,000 | €2,000,000 | -€210,000 | -9.5% |
| Financial fixed assets | 28 | €2,210,000 | €2,000,000 | -€210,000 | -9.5% |
| Current assets | 29/58 | €44,972 | €127,885 | +€82,913 | +184% |
| Amounts receivable within one year | 40/41 | €10,015 | €12,402 | +€2,387 | +23.8% |
| Trade receivables | 40 | €10,015 | €12,168 | +€2,153 | +21.5% |
| Other amounts receivable | 41 | €0 | €235 | +€235 | |
| Cash at bank and in hand | 54/58 | €34,302 | €114,827 | +€80,525 | +235% |
| Deferred charges and accrued income | 490/1 | €656 | €656 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,254,972 | €2,127,885 | -€127,087 | -5.6% |
| Equity | 10/15 | €1,798,051 | €1,823,259 | +€25,208 | +1.4% |
| Contributions | 10/11 | €1,850,000 | €1,850,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,949 | -€26,741 | +€25,208 | +48.5% |
| Amounts payable | 17/49 | €456,921 | €304,626 | -€152,296 | -33.3% |
| Amounts payable after more than one year | 17 | €34,911 | €28,329 | -€6,583 | -18.9% |
| Financial debts | 170/4 | €34,911 | €28,329 | -€6,583 | -18.9% |
| Amounts payable within one year | 42/48 | €415,233 | €276,297 | -€138,936 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €94,677 | €82,191 | -€12,487 | -13.2% |
| Financial debts | 43 | €200,000 | €0 | -€200,000 | -100% |
| Credit institutions | 430/8 | €200,000 | €0 | -€200,000 | -100% |
| Trade debts | 44 | €17,726 | €4,279 | -€13,447 | -75.9% |
| Suppliers | 440/4 | €17,726 | €4,279 | -€13,447 | -75.9% |
| Taxes, remuneration and social security | 45 | €1,383 | €0 | -€1,383 | -100% |
| Taxes | 450/3 | €1,383 | €0 | -€1,383 | -100% |
| Other amounts payable | 47/48 | €101,447 | €189,828 | +€88,381 | +87.1% |
| Accrued charges and deferred income | 492/3 | €6,777 | €0 | -€6,777 | -100% |
| Remuneration, social security and pensions | 62 | €4,887 | €3,211 | -€1,675 | -34.3% |
| Other operating charges | 640/8 | €1,075 | €1,094 | +€18 | +1.7% |
| Gross operating margin | 9900 | -€11,480 | -€34,079 | -€22,599 | -197% |
| Operating profit (loss) | 9901 | -€17,443 | -€38,384 | -€20,941 | -120% |
| Financial income | 75/76B | €170,000 | €85,000 | -€85,000 | -50.0% |
| Recurring financial income | 75 | €170,000 | €0 | -€170,000 | -100% |
| Non-recurring financial income | 76B | - | €85,000 | +€85,000 | |
| Financial charges | 65/66B | €22,709 | €21,408 | -€1,301 | -5.7% |
| Recurring financial charges | 65 | €22,709 | €21,408 | -€1,301 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €129,848 | €25,208 | -€104,640 | -80.6% |
| Income taxes | 67/77 | -€37 | €0 | +€37 | |
| Profit (loss) for the period | 9904 | €129,885 | €25,208 | -€104,677 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €129,885 | €25,208 | -€104,677 | -80.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.