EIGHTY - NINE: 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.
EIGHTY - NINE
Largest movements
- Cash +€35,089
up €35,089 (+110.7%), from €31,701 to €66,790
mainly Net result for the year (+€22,161) and Receivables within one year (+€17,078)
- Receivables within one year -€17,078
down €17,078 (-27.5%), from €62,190 to €45,112
of which Other amounts receivable: -€11,028
- Tangible fixed assets -€6,463
down €6,463 (-5.6%), from €115,536 to €109,073
of which Furniture and vehicles: -€6,463
- Reserves +€22,161
up €22,161 (+49.0%), from €45,250 to €67,411
of which Distributable reserves: +€22,932
- Other debts -€21,060
down €21,060 (-51.6%), from €40,796 to €19,736
- Trade debts +€12,642
up €12,642 (+1646.5%), from €768 to €13,409
- Gross operating margin -€29,236
down €29,236 (-41.2%), from €71,035 to €41,799
- Taxes +€3,194
up €3,194 (+58.4%), from €5,467 to €8,660
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 | €210,382 | €221,995 | +€11,613 | +5.5% |
| Fixed assets | 21/28 | €115,536 | €109,073 | -€6,463 | -5.6% |
| Tangible fixed assets | 22/27 | €115,536 | €109,073 | -€6,463 | -5.6% |
| Land and buildings | 22 | €92,852 | €92,852 | = | 0.0% |
| Furniture and vehicles | 24 | €22,684 | €16,221 | -€6,463 | -28.5% |
| Current assets | 29/58 | €94,845 | €112,922 | +€18,076 | +19.1% |
| Amounts receivable within one year | 40/41 | €62,190 | €45,112 | -€17,078 | -27.5% |
| Trade receivables | 40 | €47,190 | €41,140 | -€6,050 | -12.8% |
| Other amounts receivable | 41 | €15,000 | €3,972 | -€11,028 | -73.5% |
| Cash at bank and in hand | 54/58 | €31,701 | €66,790 | +€35,089 | +110.7% |
| Deferred charges and accrued income | 490/1 | €954 | €1,020 | +€66 | +6.9% |
| Total equity and liabilities | 10/49 | €210,382 | €221,995 | +€11,613 | +5.5% |
| Equity | 10/15 | €160,524 | €182,685 | +€22,161 | +13.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €45,250 | €67,411 | +€22,161 | +49.0% |
| Tax-exempt reserves | 132 | €771 | €0 | -€771 | -100.0% |
| Distributable reserves | 133 | €44,480 | €67,411 | +€22,932 | +51.6% |
| Profit (loss) carried forward | 14 | €15,273 | €15,273 | = | 0.0% |
| Amounts payable | 17/49 | €49,858 | €39,310 | -€10,548 | -21.2% |
| Amounts payable within one year | 42/48 | €49,471 | €39,310 | -€10,161 | -20.5% |
| Trade debts | 44 | €768 | €13,409 | +€12,642 | +1646.5% |
| Suppliers | 440/4 | €768 | €13,409 | +€12,642 | +1646.5% |
| Taxes, remuneration and social security | 45 | €7,907 | €6,165 | -€1,742 | -22.0% |
| Taxes | 450/3 | €7,907 | €6,165 | -€1,742 | -22.0% |
| Other amounts payable | 47/48 | €40,796 | €19,736 | -€21,060 | -51.6% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,463 | €6,463 | +€0 | 0.0% |
| Other operating charges | 640/8 | €5,201 | €4,926 | -€275 | -5.3% |
| Gross operating margin | 9900 | €71,035 | €41,799 | -€29,236 | -41.2% |
| Operating profit (loss) | 9901 | €59,371 | €30,409 | -€28,961 | -48.8% |
| Financial income | 75/76B | €8 | €699 | +€690 | +8187.4% |
| Recurring financial income | 75 | €8 | €699 | +€690 | +8187.4% |
| Financial charges | 65/66B | €310 | €287 | -€23 | -7.5% |
| Recurring financial charges | 65 | €310 | €287 | -€23 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €59,070 | €30,821 | -€28,248 | -47.8% |
| Income taxes | 67/77 | €5,467 | €8,660 | +€3,194 | +58.4% |
| Profit (loss) for the period | 9904 | €53,603 | €22,161 | -€31,442 | -58.7% |
| Transfer from tax-exempt reserves | 789 | - | €771 | +€771 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,603 | €22,932 | -€30,671 | -57.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.