EASY CONNECT: 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.
EASY CONNECT
Largest movements
- Tangible fixed assets +€51,020
up €51,020 (+65.8%), from €77,595 to €128,614
of which Land and buildings: +€46,661
- Deferred charges and accrued income +€23,530
up €23,530 (+1016.1%), from €2,316 to €25,846
- Receivables within one year +€4,871
up €4,871 (+34.3%), from €14,184 to €19,055
- Debts after one year +€46,447
new in 2025: €46,447
- Profit (loss) carried forward +€19,156
up €19,156, from -€16,364 to €2,793
- Current portion of long-term debt +€8,581
new in 2025: €8,581
- Other debts +€5,056
up €5,056 (+6.3%), from €80,052 to €85,108
- Gross operating margin +€16,233
up €16,233 (+53.3%), from €30,461 to €46,694
- Depreciation -€3,486
down €3,486 (-18.3%), from €19,050 to €15,564
- Financial charges +€966
up €966 (+13.8%), from €7,009 to €7,975
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 | €128,353 | €208,696 | +€80,342 | +62.6% |
| Fixed assets | 21/28 | €77,595 | €128,614 | +€51,020 | +65.8% |
| Tangible fixed assets | 22/27 | €77,595 | €128,614 | +€51,020 | +65.8% |
| Land and buildings | 22 | €67,161 | €113,822 | +€46,661 | +69.5% |
| Plant, machinery and equipment | 23 | €2,704 | €2,110 | -€594 | -22.0% |
| Furniture and vehicles | 24 | €7,729 | €4,795 | -€2,934 | -38.0% |
| Leasing and similar rights | 25 | - | €7,887 | +€7,887 | |
| Current assets | 29/58 | €50,759 | €80,082 | +€29,323 | +57.8% |
| Stocks and contracts in progress | 3 | €4,874 | €5,039 | +€165 | +3.4% |
| Stocks | 30/36 | €4,874 | €5,039 | +€165 | +3.4% |
| Amounts receivable within one year | 40/41 | €14,184 | €19,055 | +€4,871 | +34.3% |
| Trade receivables | 40 | €14,184 | €19,055 | +€4,871 | +34.3% |
| Cash at bank and in hand | 54/58 | €29,385 | €30,142 | +€757 | +2.6% |
| Deferred charges and accrued income | 490/1 | €2,316 | €25,846 | +€23,530 | +1016.1% |
| Total equity and liabilities | 10/49 | €128,353 | €208,696 | +€80,342 | +62.6% |
| Equity | 10/15 | €36,969 | €56,126 | +€19,156 | +51.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €3,333 | €3,333 | = | 0.0% |
| Tax-exempt reserves | 132 | €258 | €258 | = | 0.0% |
| Distributable reserves | 133 | €3,075 | €3,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,364 | €2,793 | +€19,156 | |
| Amounts payable | 17/49 | €91,384 | €152,570 | +€61,186 | +67.0% |
| Amounts payable after more than one year | 17 | - | €46,447 | +€46,447 | |
| Financial debts | 170/4 | - | €46,447 | +€46,447 | |
| Amounts payable within one year | 42/48 | €90,544 | €106,123 | +€15,579 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | - | €8,581 | +€8,581 | |
| Trade debts | 44 | €2,567 | €3,620 | +€1,054 | +41.0% |
| Suppliers | 440/4 | €2,567 | €3,620 | +€1,054 | +41.0% |
| Taxes, remuneration and social security | 45 | €7,926 | €8,814 | +€888 | +11.2% |
| Taxes | 450/3 | €7,926 | €8,814 | +€888 | +11.2% |
| Other amounts payable | 47/48 | €80,052 | €85,108 | +€5,056 | +6.3% |
| Accrued charges and deferred income | 492/3 | €840 | - | -€840 | |
| Non-recurring operating income | 76A | - | €18,219 | +€18,219 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,050 | €15,564 | -€3,486 | -18.3% |
| Other operating charges | 640/8 | €3,552 | €3,805 | +€253 | +7.1% |
| Gross operating margin | 9900 | €30,461 | €46,694 | +€16,233 | +53.3% |
| Operating profit (loss) | 9901 | €7,859 | €27,325 | +€19,466 | +247.7% |
| Financial income | 75/76B | €9 | €38 | +€29 | +337.9% |
| Recurring financial income | 75 | €9 | €38 | +€29 | +337.9% |
| Financial charges | 65/66B | €7,009 | €7,975 | +€966 | +13.8% |
| Recurring financial charges | 65 | €7,009 | €7,975 | +€966 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €858 | €19,388 | +€18,530 | +2159.3% |
| Income taxes | 67/77 | €194 | €232 | +€37 | +19.2% |
| Profit (loss) for the period | 9904 | €664 | €19,156 | +€18,492 | +2785.6% |
| Profit (loss) for the period to be appropriated | 9905 | €664 | €19,156 | +€18,492 | +2785.6% |
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 3 October 2026 via checked.be.