FACTA CONCEPT: 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.
FACTA CONCEPT
Largest movements
- Receivables within one year -€12,797
down €12,797 (-66.8%), from €19,169 to €6,372
- Cash -€6,864
down €6,864 (-56.6%), from €12,119 to €5,256
mainly Net result for the year (-€27,216) and Investment in fixed assets (net) (-€11,350)
- Tangible fixed assets -€6,623
down €6,623 (-4.9%), from €135,486 to €128,863
of which Other tangible fixed assets: -€13,624
- Deferred charges and accrued income -€4,773
down €4,773 (-80.3%), from €5,944 to €1,171
- Profit (loss) carried forward -€27,216
down €27,216 (-63.9%), from -€42,561 to -€69,777
- Tax, wage and social debts -€11,185
down €11,185 (-59.3%), from €18,853 to €7,668
of which Remuneration and social security: -€5,711
- Other debts +€10,362
up €10,362 (+9.2%), from €112,722 to €123,084
- Debts after one year -€3,631
down €3,631 (-15.6%), from €23,337 to €19,705
- Gross operating margin -€25,988
down €25,988 (-43.8%), from €59,321 to €33,332
- Staff costs -€19,884
down €19,884 (-35.6%), from €55,914 to €36,029
- Other operating charges +€3,018
up €3,018 (+1006.3%), from €300 to €3,318
- Depreciation +€1,987
up €1,987 (+12.4%), from €15,986 to €17,974
- Financial charges +€1,367
up €1,367 (+73.9%), from €1,850 to €3,217
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 | €172,718 | €141,661 | -€31,057 | -18.0% |
| Fixed assets | 21/28 | €135,486 | €128,863 | -€6,623 | -4.9% |
| Tangible fixed assets | 22/27 | €135,486 | €128,863 | -€6,623 | -4.9% |
| Furniture and vehicles | 24 | €16,361 | €23,362 | +€7,001 | +42.8% |
| Other tangible fixed assets | 26 | €119,125 | €105,500 | -€13,624 | -11.4% |
| Current assets | 29/58 | €37,232 | €12,799 | -€24,434 | -65.6% |
| Amounts receivable within one year | 40/41 | €19,169 | €6,372 | -€12,797 | -66.8% |
| Trade receivables | 40 | €19,169 | €6,372 | -€12,797 | -66.8% |
| Cash at bank and in hand | 54/58 | €12,119 | €5,256 | -€6,864 | -56.6% |
| Deferred charges and accrued income | 490/1 | €5,944 | €1,171 | -€4,773 | -80.3% |
| Total equity and liabilities | 10/49 | €172,718 | €141,661 | -€31,057 | -18.0% |
| Equity | 10/15 | €12,899 | -€14,317 | -€27,216 | |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €35,000 | €35,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,561 | -€69,777 | -€27,216 | -63.9% |
| Amounts payable | 17/49 | €159,819 | €155,978 | -€3,841 | -2.4% |
| Amounts payable after more than one year | 17 | €23,337 | €19,705 | -€3,631 | -15.6% |
| Financial debts | 170/4 | €23,337 | €19,705 | -€3,631 | -15.6% |
| Amounts payable within one year | 42/48 | €136,417 | €135,914 | -€503 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €3,631 | €3,631 | = | 0.0% |
| Trade debts | 44 | €1,211 | €1,531 | +€321 | +26.5% |
| Suppliers | 440/4 | €1,211 | €1,531 | +€321 | +26.5% |
| Taxes, remuneration and social security | 45 | €18,853 | €7,668 | -€11,185 | -59.3% |
| Taxes | 450/3 | €13,142 | €7,668 | -€5,474 | -41.7% |
| Remuneration and social security | 454/9 | €5,711 | - | -€5,711 | |
| Other amounts payable | 47/48 | €112,722 | €123,084 | +€10,362 | +9.2% |
| Accrued charges and deferred income | 492/3 | €66 | €359 | +€293 | +446.0% |
| Remuneration, social security and pensions | 62 | €55,914 | €36,029 | -€19,884 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,986 | €17,974 | +€1,987 | +12.4% |
| Other operating charges | 640/8 | €300 | €3,318 | +€3,018 | +1006.3% |
| Non-recurring operating charges | 66A | €1,104 | €27 | -€1,077 | -97.5% |
| Gross operating margin | 9900 | €59,321 | €33,332 | -€25,988 | -43.8% |
| Operating profit (loss) | 9901 | -€13,984 | -€24,016 | -€10,032 | -71.7% |
| Financial income | 75/76B | €51 | €17 | -€34 | -67.1% |
| Recurring financial income | 75 | €51 | €17 | -€34 | -67.1% |
| Financial charges | 65/66B | €1,850 | €3,217 | +€1,367 | +73.9% |
| Recurring financial charges | 65 | €1,850 | €3,217 | +€1,367 | +73.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,782 | -€27,216 | -€11,433 | -72.4% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€15,782 | -€27,216 | -€11,434 | -72.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,782 | -€27,216 | -€11,434 | -72.4% |
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 4 October 2026 via checked.be.