EB-LEX: 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.
EB-LEX
Largest movements
- Cash +€20,714
up €20,714 (+283.0%), from €7,320 to €28,034
mainly Net result for the year (+€57,821) and Depreciation (+€1,009)
- Receivables within one year +€7,591
new in 2025: €7,591
- Tangible fixed assets +€6,491
up €6,491 (+580.7%), from €1,118 to €7,609
- Profit (loss) carried forward +€57,821
up €57,821 (+132.8%), from €43,531 to €101,352
- Tax, wage and social debts -€19,538
down €19,538 (-63.3%), from €30,889 to €11,352
- Trade debts -€3,217
down €3,217 (-82.2%), from €3,916 to €698
- Gross operating margin -€19,747
down €19,747 (-20.0%), from €98,936 to €79,188
- Taxes -€12,490
down €12,490 (-43.2%), from €28,896 to €16,407
- Financial charges +€2,437
up €2,437 (+2321.0%), from €105 to €2,542
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 | €108,438 | €143,786 | +€35,349 | +32.6% |
| Fixed assets | 21/28 | €1,118 | €7,609 | +€6,491 | +580.7% |
| Tangible fixed assets | 22/27 | €1,118 | €7,609 | +€6,491 | +580.7% |
| Furniture and vehicles | 24 | €1,118 | €7,609 | +€6,491 | +580.7% |
| Current assets | 29/58 | €107,320 | €136,178 | +€28,858 | +26.9% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €7,591 | +€7,591 | |
| Trade receivables | 40 | - | €7,591 | +€7,591 | |
| Cash at bank and in hand | 54/58 | €7,320 | €28,034 | +€20,714 | +283.0% |
| Deferred charges and accrued income | 490/1 | - | €553 | +€553 | |
| Total equity and liabilities | 10/49 | €108,438 | €143,786 | +€35,349 | +32.6% |
| Equity | 10/15 | €72,031 | €129,852 | +€57,821 | +80.3% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,531 | €101,352 | +€57,821 | +132.8% |
| Amounts payable | 17/49 | €36,406 | €13,934 | -€22,472 | -61.7% |
| Amounts payable within one year | 42/48 | €36,406 | €13,934 | -€22,472 | -61.7% |
| Trade debts | 44 | €3,916 | €698 | -€3,217 | -82.2% |
| Suppliers | 440/4 | €3,916 | €698 | -€3,217 | -82.2% |
| Taxes, remuneration and social security | 45 | €30,889 | €11,352 | -€19,538 | -63.3% |
| Taxes | 450/3 | €30,889 | €11,352 | -€19,538 | -63.3% |
| Other amounts payable | 47/48 | €1,602 | €1,884 | +€282 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €286 | €1,009 | +€723 | +252.3% |
| Other operating charges | 640/8 | €1,116 | €1,410 | +€294 | +26.3% |
| Gross operating margin | 9900 | €98,936 | €79,188 | -€19,747 | -20.0% |
| Operating profit (loss) | 9901 | €97,533 | €76,769 | -€20,764 | -21.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €105 | €2,542 | +€2,437 | +2321.0% |
| Recurring financial charges | 65 | €105 | €2,542 | +€2,437 | +2321.0% |
| Profit (loss) for the period before taxes | 9903 | €97,428 | €74,228 | -€23,200 | -23.8% |
| Income taxes | 67/77 | €28,896 | €16,407 | -€12,490 | -43.2% |
| Profit (loss) for the period | 9904 | €68,531 | €57,821 | -€10,710 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,531 | €57,821 | -€10,710 | -15.6% |
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 10 October 2026 via checked.be.