EXTEND: 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.
EXTEND
Largest movements
- Cash +€2.2m
up €2.2m (+6347.3%), from €33,963 to €2.2m
mainly Contributions, distributions and other (+€1.1m) and Net result for the year (+€708,655)
- Financial fixed assets -€557,904
down €557,904 (-99.6%), from €559,881 to €1,977
- Receivables after one year +€403,518
new in 2025: €403,518
- Receivables within one year +€240,380
up €240,380 (+60.3%), from €398,899 to €639,279
of which Other amounts receivable: +€154,469
- Tangible fixed assets +€145,072
up €145,072 (+20.6%), from €702,950 to €848,022
of which Furniture and vehicles: +€78,729
- Reserves +€2.9m
up €2.9m (+700.2%), from €409,354 to €3.3m
of which Tax-exempt reserves: +€1.5m
- Profit (loss) carried forward -€1.2m
down €1.2m (-100.0%), from €1.2m to €0
- Provisions +€559,052
new in 2025: €559,052
- Contributions +€140,598
up €140,598 (+226.8%), from €62,000 to €202,598
- Gross operating margin +€1.0m
up €1.0m (+992.8%), from €103,299 to €1.1m
- Depreciation +€55,751
up €55,751 (+148.0%), from €37,672 to €93,423
- Taxes -€19,157
down €19,157 (-79.3%), from €24,150 to €4,993
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 | €1,719,371 | €4,126,466 | +€2.4m | +140.0% |
| Fixed assets | 21/28 | €1,262,831 | €849,999 | -€412,833 | -32.7% |
| Tangible fixed assets | 22/27 | €702,950 | €848,022 | +€145,072 | +20.6% |
| Land and buildings | 22 | €702,950 | €769,292 | +€66,342 | +9.4% |
| Furniture and vehicles | 24 | - | €78,729 | +€78,729 | |
| Financial fixed assets | 28 | €559,881 | €1,977 | -€557,904 | -99.6% |
| Current assets | 29/58 | €456,540 | €3,276,467 | +€2.8m | +617.7% |
| Amounts receivable after more than one year | 29 | - | €403,518 | +€403,518 | |
| Other amounts receivable | 291 | - | €403,518 | +€403,518 | |
| Amounts receivable within one year | 40/41 | €398,899 | €639,279 | +€240,380 | +60.3% |
| Trade receivables | 40 | - | €85,911 | +€85,911 | |
| Other amounts receivable | 41 | €398,899 | €553,368 | +€154,469 | +38.7% |
| Cash at bank and in hand | 54/58 | €33,963 | €2,189,712 | +€2.2m | +6347.3% |
| Deferred charges and accrued income | 490/1 | €23,677 | €43,957 | +€20,280 | +85.7% |
| Total equity and liabilities | 10/49 | €1,719,371 | €4,126,466 | +€2.4m | +140.0% |
| Equity | 10/15 | €1,674,494 | €3,478,444 | +€1.8m | +107.7% |
| Contributions | 10/11 | €62,000 | €202,598 | +€140,598 | +226.8% |
| Capital | 10 | €62,000 | €202,598 | +€140,598 | +226.8% |
| Issued capital | 100 | €62,000 | €202,598 | +€140,598 | +226.8% |
| Reserves | 13 | €409,354 | €3,275,846 | +€2.9m | +700.2% |
| Non-distributable reserves | 130/1 | €6,200 | €20,263 | +€14,063 | +226.8% |
| Legal reserve | 130 | €6,200 | €20,263 | +€14,063 | +226.8% |
| Tax-exempt reserves | 132 | €5,583 | €1,459,715 | +€1.5m | +26047.8% |
| Distributable reserves | 133 | €397,571 | €1,795,868 | +€1.4m | +351.7% |
| Profit (loss) carried forward | 14 | €1,203,140 | €0 | -€1.2m | -100.0% |
| Provisions and deferred taxes | 16 | - | €559,052 | +€559,052 | |
| Deferred taxes | 168 | - | €559,052 | +€559,052 | |
| Amounts payable | 17/49 | €44,877 | €88,969 | +€44,092 | +98.3% |
| Amounts payable within one year | 42/48 | €40,271 | €82,969 | +€42,698 | +106.0% |
| Current portion of amounts payable after more than one year | 42 | - | €17,862 | +€17,862 | |
| Trade debts | 44 | €7,691 | €47,111 | +€39,420 | +512.6% |
| Suppliers | 440/4 | €7,691 | €47,111 | +€39,420 | +512.6% |
| Taxes, remuneration and social security | 45 | €32,581 | €17,997 | -€14,584 | -44.8% |
| Taxes | 450/3 | €32,581 | €17,997 | -€14,584 | -44.8% |
| Accrued charges and deferred income | 492/3 | €4,606 | €6,000 | +€1,394 | +30.3% |
| Non-recurring operating income | 76A | - | €1,215,834 | +€1.2m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,672 | €93,423 | +€55,751 | +148.0% |
| Other operating charges | 640/8 | €15,677 | €26,351 | +€10,674 | +68.1% |
| Non-recurring operating charges | 66A | - | €163,190 | +€163,190 | |
| Gross operating margin | 9900 | €103,299 | €1,128,877 | +€1.0m | +992.8% |
| Operating profit (loss) | 9901 | €49,949 | €845,912 | +€795,963 | +1593.5% |
| Financial income | 75/76B | €28,305 | €36,852 | +€8,547 | +30.2% |
| Recurring financial income | 75 | €28,305 | €36,852 | +€8,547 | +30.2% |
| Financial charges | 65/66B | €284 | €4,911 | +€4,627 | +1631.1% |
| Recurring financial charges | 65 | €284 | €4,911 | +€4,627 | +1631.1% |
| Profit (loss) for the period before taxes | 9903 | €77,971 | €877,854 | +€799,883 | +1025.9% |
| Transfer from deferred taxes | 780 | - | €2,257 | +€2,257 | |
| Transfer to deferred taxes | 680 | - | €166,463 | +€166,463 | |
| Income taxes | 67/77 | €24,150 | €4,993 | -€19,157 | -79.3% |
| Profit (loss) for the period | 9904 | €53,821 | €708,655 | +€654,834 | +1216.7% |
| Transfer from tax-exempt reserves | 789 | - | €9,027 | +€9,027 | |
| Transfer to tax-exempt reserves | 689 | - | €665,853 | +€665,853 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,821 | €51,830 | -€1,992 | -3.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.