DR. ORIS BART: 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.
DR. ORIS BART
Largest movements
- Cash +€91,222
up €91,222 (+3822.0%), from €2,387 to €93,609
mainly Net result for the year (+€119,543) and Depreciation (+€34,582)
- Tangible fixed assets -€30,127
down €30,127 (-8.8%), from €340,460 to €310,333
of which Land and buildings: -€22,815
- Receivables within one year -€16,993
no longer reported in 2025 (was €16,993)
- Reserves +€119,543
up €119,543 (+34.7%), from €344,903 to €464,445
- Other debts -€54,018
down €54,018 (-35.2%), from €153,438 to €99,420
- Debts after one year -€28,974
down €28,974 (-28.2%), from €102,807 to €73,834
- Tax, wage and social debts +€7,971
up €7,971 (+143.0%), from €5,576 to €13,547
- Gross operating margin +€80,740
up €80,740 (+61.1%), from €132,058 to €212,798
- Taxes +€23,939
up €23,939 (+93.5%), from €25,608 to €49,547
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 | €461,265 | €505,807 | +€44,543 | +9.7% |
| Fixed assets | 21/28 | €340,460 | €310,333 | -€30,127 | -8.8% |
| Tangible fixed assets | 22/27 | €340,460 | €310,333 | -€30,127 | -8.8% |
| Land and buildings | 22 | €296,069 | €273,255 | -€22,815 | -7.7% |
| Plant, machinery and equipment | 23 | €6,433 | €5,217 | -€1,217 | -18.9% |
| Furniture and vehicles | 24 | €264 | €3,891 | +€3,627 | +1374.8% |
| Leasing and similar rights | 25 | €37,693 | €27,970 | -€9,723 | -25.8% |
| Current assets | 29/58 | €120,805 | €195,475 | +€74,670 | +61.8% |
| Amounts receivable within one year | 40/41 | €16,993 | - | -€16,993 | |
| Trade receivables | 40 | €16,993 | - | -€16,993 | |
| Cash at bank and in hand | 54/58 | €2,387 | €93,609 | +€91,222 | +3822.0% |
| Deferred charges and accrued income | 490/1 | €101,425 | €101,865 | +€440 | +0.4% |
| Total equity and liabilities | 10/49 | €461,265 | €505,807 | +€44,543 | +9.7% |
| Equity | 10/15 | €169,107 | €288,649 | +€119,543 | +70.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €344,903 | €464,445 | +€119,543 | +34.7% |
| Distributable reserves | 133 | €344,903 | €464,445 | +€119,543 | +34.7% |
| Profit (loss) carried forward | 14 | -€175,797 | -€175,797 | = | 0.0% |
| Amounts payable | 17/49 | €292,158 | €217,158 | -€75,000 | -25.7% |
| Amounts payable after more than one year | 17 | €102,807 | €73,834 | -€28,974 | -28.2% |
| Financial debts | 170/4 | €102,807 | €73,834 | -€28,974 | -28.2% |
| Amounts payable within one year | 42/48 | €189,350 | €143,324 | -€46,026 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €27,983 | €28,974 | +€991 | +3.5% |
| Trade debts | 44 | €2,354 | €1,384 | -€971 | -41.2% |
| Suppliers | 440/4 | €2,354 | €1,384 | -€971 | -41.2% |
| Taxes, remuneration and social security | 45 | €5,576 | €13,547 | +€7,971 | +143.0% |
| Taxes | 450/3 | €5,576 | €13,547 | +€7,971 | +143.0% |
| Other amounts payable | 47/48 | €153,438 | €99,420 | -€54,018 | -35.2% |
| Non-recurring operating income | 76A | €6,750 | - | -€6,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,626 | €34,582 | +€1,956 | +6.0% |
| Other operating charges | 640/8 | €4,295 | €4,774 | +€479 | +11.1% |
| Gross operating margin | 9900 | €132,058 | €212,798 | +€80,740 | +61.1% |
| Operating profit (loss) | 9901 | €95,137 | €173,443 | +€78,306 | +82.3% |
| Financial income | 75/76B | €110 | €67 | -€43 | -39.0% |
| Recurring financial income | 75 | €110 | €67 | -€43 | -39.0% |
| Financial charges | 65/66B | €3,538 | €4,420 | +€882 | +24.9% |
| Recurring financial charges | 65 | €3,538 | €4,420 | +€882 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €91,709 | €169,090 | +€77,381 | +84.4% |
| Income taxes | 67/77 | €25,608 | €49,547 | +€23,939 | +93.5% |
| Profit (loss) for the period | 9904 | €66,101 | €119,543 | +€53,442 | +80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,101 | €119,543 | +€53,442 | +80.8% |
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 3 October 2026 via checked.be.