Fierté: 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.
Fierté
Largest movements
- Stocks and contracts -€10,000
down €10,000 (-54.1%), from €18,500 to €8,500
- Tangible fixed assets -€3,867
down €3,867 (-8.4%), from €45,935 to €42,068
- Cash -€3,570
down €3,570 (-39.7%), from €8,990 to €5,420
mainly Net result for the year (-€18,810) and Other debts (-€4,059)
- Receivables within one year -€2,501
down €2,501 (-99.8%), from €2,507 to €6
of which Trade receivables: -€2,247
- Profit (loss) carried forward -€18,810
down €18,810 (-220.6%), from -€8,525 to -€27,336
- Other debts -€4,059
down €4,059 (-5.1%), from €79,942 to €75,883
- Tax, wage and social debts +€1,510
up €1,510 (+32.7%), from €4,612 to €6,122
of which Remuneration and social security: +€2,197
- Trade debts +€1,421
up €1,421 (+157.3%), from €904 to €2,325
- Staff costs +€10,579
up €10,579 (+57.6%), from €18,378 to €28,957
- Gross operating margin +€1,692
up €1,692 (+10.6%), from €15,908 to €17,600
- Other operating charges +€831
up €831 (+94.3%), from €882 to €1,713
- Depreciation +€668
up €668 (+14.2%), from €4,694 to €5,362
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 | €81,932 | €61,994 | -€19,938 | -24.3% |
| Fixed assets | 21/28 | €51,935 | €48,068 | -€3,867 | -7.4% |
| Tangible fixed assets | 22/27 | €45,935 | €42,068 | -€3,867 | -8.4% |
| Plant, machinery and equipment | 23 | €45,935 | €42,068 | -€3,867 | -8.4% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €29,997 | €13,926 | -€16,071 | -53.6% |
| Stocks and contracts in progress | 3 | €18,500 | €8,500 | -€10,000 | -54.1% |
| Stocks | 30/36 | €18,500 | €8,500 | -€10,000 | -54.1% |
| Amounts receivable within one year | 40/41 | €2,507 | €6 | -€2,501 | -99.8% |
| Trade receivables | 40 | €2,247 | - | -€2,247 | |
| Other amounts receivable | 41 | €261 | €6 | -€255 | -97.7% |
| Cash at bank and in hand | 54/58 | €8,990 | €5,420 | -€3,570 | -39.7% |
| Total equity and liabilities | 10/49 | €81,932 | €61,994 | -€19,938 | -24.3% |
| Equity | 10/15 | -€3,525 | -€22,336 | -€18,810 | -533.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,525 | -€27,336 | -€18,810 | -220.6% |
| Amounts payable | 17/49 | €85,457 | €84,330 | -€1,128 | -1.3% |
| Amounts payable within one year | 42/48 | €85,457 | €84,330 | -€1,128 | -1.3% |
| Trade debts | 44 | €904 | €2,325 | +€1,421 | +157.3% |
| Suppliers | 440/4 | €904 | €2,325 | +€1,421 | +157.3% |
| Taxes, remuneration and social security | 45 | €4,612 | €6,122 | +€1,510 | +32.7% |
| Taxes | 450/3 | €2,824 | €2,137 | -€687 | -24.3% |
| Remuneration and social security | 454/9 | €1,787 | €3,984 | +€2,197 | +122.9% |
| Other amounts payable | 47/48 | €79,942 | €75,883 | -€4,059 | -5.1% |
| Remuneration, social security and pensions | 62 | €18,378 | €28,957 | +€10,579 | +57.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,694 | €5,362 | +€668 | +14.2% |
| Other operating charges | 640/8 | €882 | €1,713 | +€831 | +94.3% |
| Gross operating margin | 9900 | €15,908 | €17,600 | +€1,692 | +10.6% |
| Operating profit (loss) | 9901 | -€8,045 | -€18,431 | -€10,386 | -129.1% |
| Financial income | 75/76B | €17 | €1 | -€16 | -95.9% |
| Recurring financial income | 75 | €17 | €1 | -€16 | -95.9% |
| Financial charges | 65/66B | €497 | €380 | -€117 | -23.6% |
| Recurring financial charges | 65 | €497 | €380 | -€117 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,525 | -€18,810 | -€10,285 | -120.6% |
| Profit (loss) for the period | 9904 | -€8,525 | -€18,810 | -€10,285 | -120.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,525 | -€18,810 | -€10,285 | -120.6% |
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 9 October 2026 via checked.be.