EDITO3: 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.
EDITO3
Largest movements
- Cash +€16,241
up €16,241 (+107%), from €15,158 to €31,399
mainly Net result for the year (+€15,780) and Other debts (+€9,160)
- Receivables within one year +€1,315
up €1,315 (+2.4%), from €54,604 to €55,920
of which Other amounts receivable: +€1,076
- Other debts +€9,160
up €9,160 (+151%), from €6,058 to €15,218
- Trade debts +€5,075
up €5,075 (+16.8%), from €30,197 to €35,272
- Profit (loss) carried forward +€1,494
up €1,494 (+50.6%), from €2,951 to €4,446
- Tax, wage and social debts +€1,355
up €1,355 (+11.0%), from €12,293 to €13,648
- Gross operating margin +€750
up €750 (+2.9%), from €25,574 to €26,324
- Taxes +€273
up €273 (+3.1%), from €8,942 to €9,215
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 | €71,025 | €88,109 | +€17,084 | +24.1% |
| Fixed assets | 21/28 | €1,263 | €790 | -€473 | -37.5% |
| Tangible fixed assets | 22/27 | €1,213 | €740 | -€473 | -39.0% |
| Furniture and vehicles | 24 | €1,213 | €740 | -€473 | -39.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €69,762 | €87,319 | +€17,557 | +25.2% |
| Amounts receivable within one year | 40/41 | €54,604 | €55,920 | +€1,315 | +2.4% |
| Trade receivables | 40 | €54,604 | €54,844 | +€240 | +0.4% |
| Other amounts receivable | 41 | - | €1,076 | +€1,076 | |
| Cash at bank and in hand | 54/58 | €15,158 | €31,399 | +€16,241 | +107% |
| Total equity and liabilities | 10/49 | €71,025 | €88,109 | +€17,084 | +24.1% |
| Equity | 10/15 | €22,476 | €23,971 | +€1,494 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €925 | €925 | = | 0.0% |
| Distributable reserves | 133 | €925 | €925 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,951 | €4,446 | +€1,494 | +50.6% |
| Amounts payable | 17/49 | €48,549 | €64,138 | +€15,589 | +32.1% |
| Amounts payable within one year | 42/48 | €48,549 | €64,138 | +€15,589 | +32.1% |
| Trade debts | 44 | €30,197 | €35,272 | +€5,075 | +16.8% |
| Suppliers | 440/4 | €30,197 | €35,272 | +€5,075 | +16.8% |
| Taxes, remuneration and social security | 45 | €12,293 | €13,648 | +€1,355 | +11.0% |
| Taxes | 450/3 | €12,293 | €13,648 | +€1,355 | +11.0% |
| Other amounts payable | 47/48 | €6,058 | €15,218 | +€9,160 | +151% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €592 | €473 | -€119 | -20.1% |
| Other operating charges | 640/8 | €614 | €450 | -€164 | -26.7% |
| Gross operating margin | 9900 | €25,574 | €26,324 | +€750 | +2.9% |
| Operating profit (loss) | 9901 | €24,368 | €25,400 | +€1,033 | +4.2% |
| Financial income | 75/76B | €54 | €65 | +€11 | +20.0% |
| Recurring financial income | 75 | €54 | €65 | +€11 | +20.0% |
| Financial charges | 65/66B | €497 | €470 | -€27 | -5.4% |
| Recurring financial charges | 65 | €497 | €470 | -€27 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €23,925 | €24,995 | +€1,070 | +4.5% |
| Income taxes | 67/77 | €8,942 | €9,215 | +€273 | +3.1% |
| Profit (loss) for the period | 9904 | €14,983 | €15,780 | +€797 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,983 | €15,780 | +€797 | +5.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.