Dressed with style: 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.
Dressed with style
Largest movements
- Cash +€34,841
up €34,841 (+105%), from €33,153 to €67,994
mainly Net result for the year (+€23,049) and Depreciation (+€21,147)
- Tangible fixed assets -€21,147
down €21,147 (-6.1%), from €347,856 to €326,710
of which Furniture and vehicles: -€12,979
- Receivables within one year +€5,882
up €5,882 (+55.7%), from €10,564 to €16,447
- Debts after one year -€13,018
down €13,018 (-6.1%), from €212,215 to €199,198
- Trade debts +€9,991
up €9,991 (+17,937%), from €56 to €10,047
- Reserves +€9,707
up €9,707 (+7.1%), from €137,112 to €146,819
of which Distributable reserves: +€9,707
- Tax, wage and social debts +€7,871
up €7,871 (+96.9%), from €8,125 to €15,997
- Other debts +€6,315
up €6,315 (+163%), from €3,873 to €10,188
- Gross operating margin +€4,939
up €4,939 (+8.6%), from €57,633 to €62,572
- Taxes +€1,881
up €1,881 (+24.7%), from €7,619 to €9,500
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 | €394,161 | €415,505 | +€21,345 | +5.4% |
| Fixed assets | 21/28 | €347,856 | €326,710 | -€21,147 | -6.1% |
| Tangible fixed assets | 22/27 | €347,856 | €326,710 | -€21,147 | -6.1% |
| Land and buildings | 22 | €294,749 | €287,454 | -€7,294 | -2.5% |
| Plant, machinery and equipment | 23 | €1,426 | €951 | -€475 | -33.3% |
| Furniture and vehicles | 24 | €49,116 | €36,137 | -€12,979 | -26.4% |
| Other tangible fixed assets | 26 | €2,566 | €2,168 | -€398 | -15.5% |
| Current assets | 29/58 | €46,304 | €88,796 | +€42,491 | +91.8% |
| Amounts receivable within one year | 40/41 | €10,564 | €16,447 | +€5,882 | +55.7% |
| Trade receivables | 40 | €10,564 | €16,447 | +€5,882 | +55.7% |
| Cash at bank and in hand | 54/58 | €33,153 | €67,994 | +€34,841 | +105% |
| Deferred charges and accrued income | 490/1 | €2,587 | €4,355 | +€1,768 | +68.4% |
| Total equity and liabilities | 10/49 | €394,161 | €415,505 | +€21,345 | +5.4% |
| Equity | 10/15 | €157,351 | €167,059 | +€9,707 | +6.2% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Reserves | 13 | €137,112 | €146,819 | +€9,707 | +7.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €135,252 | €144,959 | +€9,707 | +7.2% |
| Profit (loss) carried forward | 14 | €11,040 | €11,040 | = | 0.0% |
| Amounts payable | 17/49 | €236,810 | €248,447 | +€11,637 | +4.9% |
| Amounts payable after more than one year | 17 | €212,215 | €199,198 | -€13,018 | -6.1% |
| Financial debts | 170/4 | €212,215 | €199,198 | -€13,018 | -6.1% |
| Amounts payable within one year | 42/48 | €24,594 | €49,249 | +€24,655 | +100% |
| Current portion of amounts payable after more than one year | 42 | €12,540 | €13,018 | +€478 | +3.8% |
| Trade debts | 44 | €56 | €10,047 | +€9,991 | +17,937% |
| Suppliers | 440/4 | €56 | €10,047 | +€9,991 | +17,937% |
| Taxes, remuneration and social security | 45 | €8,125 | €15,997 | +€7,871 | +96.9% |
| Taxes | 450/3 | €8,125 | €15,997 | +€7,871 | +96.9% |
| Other amounts payable | 47/48 | €3,873 | €10,188 | +€6,315 | +163% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,481 | €21,147 | -€335 | -1.6% |
| Other operating charges | 640/8 | €712 | €547 | -€165 | -23.2% |
| Gross operating margin | 9900 | €57,633 | €62,572 | +€4,939 | +8.6% |
| Operating profit (loss) | 9901 | €35,439 | €40,878 | +€5,438 | +15.3% |
| Financial income | 75/76B | €7 | €2 | -€5 | -70.2% |
| Recurring financial income | 75 | €7 | €2 | -€5 | -70.2% |
| Financial charges | 65/66B | €8,819 | €8,330 | -€488 | -5.5% |
| Recurring financial charges | 65 | €8,819 | €8,330 | -€488 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €26,628 | €32,549 | +€5,922 | +22.2% |
| Income taxes | 67/77 | €7,619 | €9,500 | +€1,881 | +24.7% |
| Profit (loss) for the period | 9904 | €19,009 | €23,049 | +€4,041 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,009 | €23,049 | +€4,041 | +21.3% |
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 21 October 2026 via checked.be.