FACE IT: 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.
FACE IT
Largest movements
- Tangible fixed assets +€15,860
up €15,860 (+33.4%), from €47,500 to €63,360
of which Land and buildings: +€17,129
- Receivables within one year -€6,614
down €6,614 (-47.4%), from €13,938 to €7,324
of which Trade receivables: -€7,073
- Cash +€4,469
up €4,469 (+58.1%), from €7,685 to €12,154
mainly Other debts (+€80,832) and Depreciation (+€8,035)
- Other debts +€80,832
up €80,832 (+188%), from €42,918 to €123,749
- Profit (loss) carried forward -€35,403
down €35,403 (-51.3%), from -€69,039 to -€104,442
- Tax, wage and social debts -€32,497
down €32,497 (-94.4%), from €34,441 to €1,943
of which Remuneration and social security: -€32,912
- Short-term financial debts +€1,700
up €1,700 (+759%), from €224 to €1,924
- Trade debts -€951
down €951 (-36.0%), from €2,645 to €1,694
- Gross operating margin +€15,385
up €15,385 (+38.7%), from -€39,714 to -€24,329
- Other operating charges -€832
down €832 (-23.1%), from €3,595 to €2,764
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 | €71,954 | €85,635 | +€13,681 | +19.0% |
| Fixed assets | 21/28 | €47,500 | €63,360 | +€15,860 | +33.4% |
| Tangible fixed assets | 22/27 | €47,500 | €63,360 | +€15,860 | +33.4% |
| Land and buildings | 22 | €43,571 | €60,700 | +€17,129 | +39.3% |
| Plant, machinery and equipment | 23 | €3,272 | €2,297 | -€975 | -29.8% |
| Furniture and vehicles | 24 | €657 | €363 | -€294 | -44.7% |
| Current assets | 29/58 | €24,454 | €22,275 | -€2,179 | -8.9% |
| Amounts receivable within one year | 40/41 | €13,938 | €7,324 | -€6,614 | -47.4% |
| Trade receivables | 40 | €8,888 | €1,815 | -€7,073 | -79.6% |
| Other amounts receivable | 41 | €5,050 | €5,509 | +€460 | +9.1% |
| Cash at bank and in hand | 54/58 | €7,685 | €12,154 | +€4,469 | +58.1% |
| Deferred charges and accrued income | 490/1 | €2,831 | €2,796 | -€35 | -1.2% |
| Total equity and liabilities | 10/49 | €71,954 | €85,635 | +€13,681 | +19.0% |
| Equity | 10/15 | -€8,273 | -€43,676 | -€35,403 | -428% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €54,566 | €54,566 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €54,566 | €54,566 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,039 | -€104,442 | -€35,403 | -51.3% |
| Amounts payable | 17/49 | €80,227 | €129,310 | +€49,083 | +61.2% |
| Amounts payable within one year | 42/48 | €80,227 | €129,310 | +€49,083 | +61.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €224 | €1,924 | +€1,700 | +759% |
| Credit institutions | 430/8 | €224 | €1,924 | +€1,700 | +759% |
| Trade debts | 44 | €2,645 | €1,694 | -€951 | -36.0% |
| Suppliers | 440/4 | €2,645 | €1,694 | -€951 | -36.0% |
| Taxes, remuneration and social security | 45 | €34,441 | €1,943 | -€32,497 | -94.4% |
| Taxes | 450/3 | €1,528 | €1,943 | +€415 | +27.2% |
| Remuneration and social security | 454/9 | €32,912 | €0 | -€32,912 | -100% |
| Other amounts payable | 47/48 | €42,918 | €123,749 | +€80,832 | +188% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,686 | €8,035 | +€349 | +4.5% |
| Other operating charges | 640/8 | €3,595 | €2,764 | -€832 | -23.1% |
| Gross operating margin | 9900 | -€39,714 | -€24,329 | +€15,385 | +38.7% |
| Operating profit (loss) | 9901 | -€50,995 | -€35,128 | +€15,868 | +31.1% |
| Financial income | 75/76B | €36 | €357 | +€321 | +901% |
| Recurring financial income | 75 | €36 | €357 | +€321 | +901% |
| Financial charges | 65/66B | €475 | €255 | -€220 | -46.3% |
| Recurring financial charges | 65 | €475 | €255 | -€220 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | -€51,434 | -€35,026 | +€16,408 | +31.9% |
| Income taxes | 67/77 | €357 | €377 | +€20 | +5.7% |
| Profit (loss) for the period | 9904 | -€51,791 | -€35,403 | +€16,388 | +31.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,791 | -€35,403 | +€16,388 | +31.6% |
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 18 October 2026 via checked.be.