EXPERT TEGELS: 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.
EXPERT TEGELS
Largest movements
- Receivables within one year +€2,470
up €2,470 (+11.6%), from €21,248 to €23,718
of which Trade receivables: +€2,550
- Cash -€307
down €307 (-99.7%), from €308 to €1
mainly Receivables within one year (-€2,470)
- Profit (loss) carried forward +€1,273
up €1,273 (+6.0%), from €21,056 to €22,330
- Trade debts +€889
new in 2025: €889
- Gross operating margin -€19,876
down €19,876 (-92.5%), from €21,479 to €1,603
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 | €21,556 | €23,719 | +€2,162 | +10.0% |
| Current assets | 29/58 | €21,556 | €23,719 | +€2,162 | +10.0% |
| Amounts receivable within one year | 40/41 | €21,248 | €23,718 | +€2,470 | +11.6% |
| Trade receivables | 40 | €19,884 | €22,434 | +€2,550 | +12.8% |
| Other amounts receivable | 41 | €1,364 | €1,283 | -€81 | -5.9% |
| Cash at bank and in hand | 54/58 | €308 | €1 | -€307 | -99.7% |
| Total equity and liabilities | 10/49 | €21,556 | €23,719 | +€2,162 | +10.0% |
| Equity | 10/15 | €21,556 | €22,830 | +€1,273 | +5.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Capital | 10 | €500 | €500 | = | 0.0% |
| Issued capital | 100 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,056 | €22,330 | +€1,273 | +6.0% |
| Amounts payable | 17/49 | - | €889 | +€889 | |
| Amounts payable within one year | 42/48 | - | €889 | +€889 | |
| Trade debts | 44 | - | €889 | +€889 | |
| Suppliers | 440/4 | - | €889 | +€889 | |
| Gross operating margin | 9900 | €21,479 | €1,603 | -€19,876 | -92.5% |
| Operating profit (loss) | 9901 | €21,479 | €1,603 | -€19,876 | -92.5% |
| Financial charges | 65/66B | €423 | €330 | -€92 | -21.9% |
| Recurring financial charges | 65 | €423 | €330 | -€92 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €21,056 | €1,273 | -€19,783 | -94.0% |
| Profit (loss) for the period | 9904 | €21,056 | €1,273 | -€19,783 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,056 | €1,273 | -€19,783 | -94.0% |
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 20 October 2026 via checked.be.