F.Y.P.: 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.
F.Y.P.
Largest movements
- Stocks and contracts -€6,607
down €6,607 (-41.7%), from €15,835 to €9,229
- Cash -€1,152
down €1,152 (-99.9%), from €1,153 to €1
mainly Net result for the year (-€8,252) and Trade debts (-€1,996)
- Receivables within one year -€675
down €675 (-47.7%), from €1,416 to €741
of which Other amounts receivable: -€589
- Tangible fixed assets -€300
down €300 (-25.0%), from €1,200 to €900
- Profit (loss) carried forward -€8,252
down €8,252 (-27.4%), from -€30,085 to -€38,336
- Trade debts -€1,996
down €1,996 (-83.7%), from €2,383 to €388
- Other debts +€1,149
up €1,149 (+4.0%), from €28,617 to €29,766
- Advances received +€364
new in 2026: €364
- Depreciation -€1,500
down €1,500 (-83.3%), from €1,800 to €300
- Other operating charges -€138
down €138 (-72.2%), from €191 to €53
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,605 | €10,871 | -€8,734 | -44.5% |
| Fixed assets | 21/28 | €1,200 | €900 | -€300 | -25.0% |
| Tangible fixed assets | 22/27 | €1,200 | €900 | -€300 | -25.0% |
| Furniture and vehicles | 24 | €1,200 | €900 | -€300 | -25.0% |
| Current assets | 29/58 | €18,405 | €9,971 | -€8,434 | -45.8% |
| Stocks and contracts in progress | 3 | €15,835 | €9,229 | -€6,607 | -41.7% |
| Stocks | 30/36 | €15,835 | €9,229 | -€6,607 | -41.7% |
| Amounts receivable within one year | 40/41 | €1,416 | €741 | -€675 | -47.7% |
| Trade receivables | 40 | €795 | €709 | -€86 | -10.9% |
| Other amounts receivable | 41 | €621 | €32 | -€589 | -94.8% |
| Cash at bank and in hand | 54/58 | €1,153 | €1 | -€1,152 | -99.9% |
| Total equity and liabilities | 10/49 | €19,605 | €10,871 | -€8,734 | -44.5% |
| Equity | 10/15 | -€11,396 | -€19,648 | -€8,252 | -72.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89 | €89 | = | 0.0% |
| Non-distributable reserves | 130/1 | €89 | €89 | = | 0.0% |
| Legal reserve | 130 | €89 | €89 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,085 | -€38,336 | -€8,252 | -27.4% |
| Amounts payable | 17/49 | €31,001 | €30,519 | -€482 | -1.6% |
| Amounts payable within one year | 42/48 | €31,001 | €30,519 | -€482 | -1.6% |
| Trade debts | 44 | €2,383 | €388 | -€1,996 | -83.7% |
| Suppliers | 440/4 | €2,383 | €388 | -€1,996 | -83.7% |
| Advances received on contracts in progress | 46 | - | €364 | +€364 | |
| Other amounts payable | 47/48 | €28,617 | €29,766 | +€1,149 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,800 | €300 | -€1,500 | -83.3% |
| Other operating charges | 640/8 | €191 | €53 | -€138 | -72.2% |
| Gross operating margin | 9900 | -€7,777 | -€7,820 | -€43 | -0.6% |
| Operating profit (loss) | 9901 | -€9,768 | -€8,173 | +€1,594 | +16.3% |
| Financial charges | 65/66B | €25 | €78 | +€53 | +214% |
| Recurring financial charges | 65 | €25 | €78 | +€53 | +214% |
| Profit (loss) for the period before taxes | 9903 | -€9,793 | -€8,252 | +€1,541 | +15.7% |
| Profit (loss) for the period | 9904 | -€9,793 | -€8,252 | +€1,541 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,793 | -€8,252 | +€1,541 | +15.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.