DOUBLE PASSNXT: 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.
DOUBLE PASSNXT
Largest movements
- Cash +€1.0m
up €1.0m (+292.1%), from €342,510 to €1.3m
mainly Accrued charges and deferred income (+€468,250) and Net result for the year (+€430,719)
- Receivables within one year +€95,823
up €95,823 (+45.6%), from €210,035 to €305,858
of which Trade receivables: +€96,078
- Intangible fixed assets -€50,000
down €50,000 (-25.0%), from €200,000 to €150,000
- Accrued charges and deferred income +€468,250
up €468,250 (+936.5%), from €50,000 to €518,250
- Profit (loss) carried forward +€430,719
up €430,719 (+92.2%), from €467,287 to €898,006
- Trade debts +€96,159
up €96,159 (+142.6%), from €67,450 to €163,609
- Other debts +€81,110
up €81,110 (+169.9%), from €47,749 to €128,859
- Tax, wage and social debts -€29,887
down €29,887 (-40.7%), from €73,480 to €43,594
- Gross operating margin +€280,853
up €280,853 (+81.3%), from €345,253 to €626,106
- Taxes +€89,502
up €89,502 (+174.0%), from €51,436 to €140,938
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 | €1,305,966 | €2,352,318 | +€1.0m | +80.1% |
| Fixed assets | 21/28 | €203,422 | €153,422 | -€50,000 | -24.6% |
| Intangible fixed assets | 21 | €200,000 | €150,000 | -€50,000 | -25.0% |
| Financial fixed assets | 28 | €3,422 | €3,422 | = | 0.0% |
| Current assets | 29/58 | €1,102,545 | €2,198,896 | +€1.1m | +99.4% |
| Amounts receivable after more than one year | 29 | €550,000 | €550,000 | = | 0.0% |
| Other amounts receivable | 291 | €550,000 | €550,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €210,035 | €305,858 | +€95,823 | +45.6% |
| Trade receivables | 40 | €172,672 | €268,750 | +€96,078 | +55.6% |
| Other amounts receivable | 41 | €37,363 | €37,108 | -€255 | -0.7% |
| Cash at bank and in hand | 54/58 | €342,510 | €1,343,038 | +€1.0m | +292.1% |
| Total equity and liabilities | 10/49 | €1,305,966 | €2,352,318 | +€1.0m | +80.1% |
| Equity | 10/15 | €1,067,287 | €1,498,006 | +€430,719 | +40.4% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €467,287 | €898,006 | +€430,719 | +92.2% |
| Amounts payable | 17/49 | €238,679 | €854,311 | +€615,632 | +257.9% |
| Amounts payable within one year | 42/48 | €188,679 | €336,061 | +€147,382 | +78.1% |
| Trade debts | 44 | €67,450 | €163,609 | +€96,159 | +142.6% |
| Suppliers | 440/4 | €67,450 | €163,609 | +€96,159 | +142.6% |
| Taxes, remuneration and social security | 45 | €73,480 | €43,594 | -€29,887 | -40.7% |
| Taxes | 450/3 | €73,480 | €43,594 | -€29,887 | -40.7% |
| Other amounts payable | 47/48 | €47,749 | €128,859 | +€81,110 | +169.9% |
| Accrued charges and deferred income | 492/3 | €50,000 | €518,250 | +€468,250 | +936.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,000 | €50,000 | = | 0.0% |
| Other operating charges | 640/8 | €613 | €631 | +€18 | +3.0% |
| Gross operating margin | 9900 | €345,253 | €626,106 | +€280,853 | +81.3% |
| Operating profit (loss) | 9901 | €294,640 | €575,475 | +€280,834 | +95.3% |
| Financial income | 75/76B | - | €514 | +€514 | |
| Recurring financial income | 75 | - | €514 | +€514 | |
| Financial charges | 65/66B | €2,192 | €4,332 | +€2,140 | +97.7% |
| Recurring financial charges | 65 | €2,192 | €4,332 | +€2,140 | +97.7% |
| Profit (loss) for the period before taxes | 9903 | €292,448 | €571,657 | +€279,208 | +95.5% |
| Income taxes | 67/77 | €51,436 | €140,938 | +€89,502 | +174.0% |
| Profit (loss) for the period | 9904 | €241,013 | €430,719 | +€189,706 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €241,013 | €430,719 | +€189,706 | +78.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.