Extenso: 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.
Extenso
Largest movements
- Receivables within one year -€1.0m
down €1.0m (-95.9%), from €1.1m to €43,963
of which Other amounts receivable: -€1.0m
- Other debts -€481,422
down €481,422 (-16.8%), from €2.9m to €2.4m
- Current portion of long-term debt -€200,000
down €200,000 (-15.4%), from €1.3m to €1.1m
- Short-term financial debts -€120,876
no longer reported in 2025 (was €120,876)
- Accrued charges and deferred income -€117,076
no longer reported in 2025 (was €117,076)
- Profit (loss) carried forward -€74,853
down €74,853 (-37.3%), from -€200,876 to -€275,729
- Financial charges -€28,961
down €28,961 (-31.7%), from €91,399 to €62,438
- Gross operating margin -€771
down €771 (-6.8%), from -€11,310 to -€12,081
- Financial income -€210
no longer reported in 2025 (was €210)
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 | €4,324,312 | €3,318,401 | -€1.0m | -23.3% |
| Fixed assets | 21/28 | €2,369,996 | €2,369,996 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,369,996 | €2,369,996 | = | 0.0% |
| Land and buildings | 22 | €2,369,996 | €2,369,996 | = | 0.0% |
| Current assets | 29/58 | €1,954,316 | €948,406 | -€1.0m | -51.5% |
| Stocks and contracts in progress | 3 | €890,032 | €890,032 | = | 0.0% |
| Contracts in progress | 37 | €890,032 | €890,032 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,060,404 | €43,963 | -€1.0m | -95.9% |
| Trade receivables | 40 | €42,825 | €42,825 | = | 0.0% |
| Other amounts receivable | 41 | €1,017,579 | €1,138 | -€1.0m | -99.9% |
| Cash at bank and in hand | 54/58 | €3,880 | €14,411 | +€10,531 | +271% |
| Total equity and liabilities | 10/49 | €4,324,312 | €3,318,401 | -€1.0m | -23.3% |
| Equity | 10/15 | -€100,876 | -€175,729 | -€74,853 | -74.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€200,876 | -€275,729 | -€74,853 | -37.3% |
| Amounts payable | 17/49 | €4,425,188 | €3,494,131 | -€931,057 | -21.0% |
| Amounts payable within one year | 42/48 | €4,308,112 | €3,494,131 | -€813,981 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €1,300,000 | €1,100,000 | -€200,000 | -15.4% |
| Financial debts | 43 | €120,876 | - | -€120,876 | |
| Credit institutions | 430/8 | €120,876 | - | -€120,876 | |
| Trade debts | 44 | €20,941 | €9,257 | -€11,684 | -55.8% |
| Suppliers | 440/4 | €20,941 | €9,257 | -€11,684 | -55.8% |
| Other amounts payable | 47/48 | €2,866,295 | €2,384,873 | -€481,422 | -16.8% |
| Accrued charges and deferred income | 492/3 | €117,076 | - | -€117,076 | |
| Other operating charges | 640/8 | €323 | €335 | +€12 | +3.8% |
| Gross operating margin | 9900 | -€11,310 | -€12,081 | -€771 | -6.8% |
| Operating profit (loss) | 9901 | -€11,633 | -€12,416 | -€783 | -6.7% |
| Financial income | 75/76B | €210 | - | -€210 | |
| Recurring financial income | 75 | €210 | - | -€210 | |
| Financial charges | 65/66B | €91,399 | €62,438 | -€28,961 | -31.7% |
| Recurring financial charges | 65 | €91,399 | €62,438 | -€28,961 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | -€102,822 | -€74,853 | +€27,969 | +27.2% |
| Profit (loss) for the period | 9904 | -€102,822 | -€74,853 | +€27,969 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€102,822 | -€74,853 | +€27,969 | +27.2% |
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 14 October 2026 via checked.be.