Fahrenheit 451: 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.
Fahrenheit 451
Largest movements
- Cash -€51,108
down €51,108 (-79.5%), from €64,290 to €13,182
mainly Receivables within one year (-€37,695) and Current portion of long-term debt (-€16,146)
- Receivables within one year +€37,695
up €37,695 (+1986.8%), from €1,897 to €39,592
of which Trade receivables: +€28,176
- Tangible fixed assets -€7,070
down €7,070 (-26.3%), from €26,889 to €19,819
of which Other tangible fixed assets: -€4,687
- Deferred charges and accrued income -€1,851
down €1,851 (-44.5%), from €4,164 to €2,313
- Current portion of long-term debt -€16,146
down €16,146 (-99.9%), from €16,156 to €10
- Profit (loss) carried forward -€15,969
down €15,969 (-117.6%), from -€13,581 to -€29,550
- Tax, wage and social debts +€5,985
up €5,985 (+377.4%), from €1,586 to €7,570
- Trade debts +€4,009
up €4,009 (+166.0%), from €2,415 to €6,425
- Gross operating margin -€83,102
down €83,102 (-65.0%), from €127,803 to €44,701
- Taxes -€15,815
down €15,815 (-98.9%), from €15,992 to €178
- Financial charges -€1,686
down €1,686 (-3.1%), from €55,054 to €53,369
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 | €97,240 | €74,906 | -€22,334 | -23.0% |
| Fixed assets | 21/28 | €26,889 | €19,819 | -€7,070 | -26.3% |
| Tangible fixed assets | 22/27 | €26,889 | €19,819 | -€7,070 | -26.3% |
| Plant, machinery and equipment | 23 | €571 | €0 | -€571 | -100.0% |
| Furniture and vehicles | 24 | €4,838 | €3,027 | -€1,811 | -37.4% |
| Other tangible fixed assets | 26 | €21,480 | €16,793 | -€4,687 | -21.8% |
| Current assets | 29/58 | €70,351 | €55,087 | -€15,264 | -21.7% |
| Amounts receivable within one year | 40/41 | €1,897 | €39,592 | +€37,695 | +1986.8% |
| Trade receivables | 40 | €0 | €28,176 | +€28,176 | |
| Other amounts receivable | 41 | €1,897 | €11,416 | +€9,519 | +501.7% |
| Cash at bank and in hand | 54/58 | €64,290 | €13,182 | -€51,108 | -79.5% |
| Deferred charges and accrued income | 490/1 | €4,164 | €2,313 | -€1,851 | -44.5% |
| Total equity and liabilities | 10/49 | €97,240 | €74,906 | -€22,334 | -23.0% |
| Equity | 10/15 | €76,742 | €60,773 | -€15,969 | -20.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €84,123 | €84,123 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €82,263 | €84,123 | +€1,860 | +2.3% |
| Profit (loss) carried forward | 14 | -€13,581 | -€29,550 | -€15,969 | -117.6% |
| Amounts payable | 17/49 | €20,498 | €14,133 | -€6,365 | -31.1% |
| Amounts payable within one year | 42/48 | €20,498 | €14,005 | -€6,493 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €16,156 | €10 | -€16,146 | -99.9% |
| Trade debts | 44 | €2,415 | €6,425 | +€4,009 | +166.0% |
| Suppliers | 440/4 | €2,415 | €6,425 | +€4,009 | +166.0% |
| Taxes, remuneration and social security | 45 | €1,586 | €7,570 | +€5,985 | +377.4% |
| Taxes | 450/3 | €1,586 | €7,570 | +€5,985 | +377.4% |
| Other amounts payable | 47/48 | €342 | €0 | -€342 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €129 | +€129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,868 | €7,070 | +€201 | +2.9% |
| Other operating charges | 640/8 | €568 | €550 | -€19 | -3.3% |
| Non-recurring operating charges | 66A | €0 | €250 | +€250 | |
| Gross operating margin | 9900 | €127,803 | €44,701 | -€83,102 | -65.0% |
| Operating profit (loss) | 9901 | €120,366 | €36,831 | -€83,535 | -69.4% |
| Financial income | 75/76B | €1 | €746 | +€745 | +112863.6% |
| Recurring financial income | 75 | €1 | €746 | +€745 | +112863.6% |
| Financial charges | 65/66B | €55,054 | €53,369 | -€1,686 | -3.1% |
| Recurring financial charges | 65 | €55,054 | €53,369 | -€1,686 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €65,312 | -€15,792 | -€81,104 | |
| Income taxes | 67/77 | €15,992 | €178 | -€15,815 | -98.9% |
| Profit (loss) for the period | 9904 | €49,320 | -€15,969 | -€65,289 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,320 | -€15,969 | -€65,289 |
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 11 October 2026 via checked.be.