FinFocus: 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.
FinFocus
Largest movements
- Receivables within one year +€4,820
up €4,820 (+36.6%), from €13,184 to €18,005
of which Trade receivables: +€4,150
- Cash -€3,242
down €3,242 (-62.6%), from €5,182 to €1,940
mainly Receivables within one year (-€4,820) and Deferred charges and accrued income (-€1,162)
- Deferred charges and accrued income +€1,162
new in 2025: €1,162
- Reserves +€12,545
new in 2025: €12,545
- Profit (loss) carried forward -€10,222
no longer reported in 2025 (was €10,222)
- Tax, wage and social debts +€632
up €632 (+16.1%), from €3,929 to €4,561
- Trade debts -€215
no longer reported in 2025 (was €215)
- Gross operating margin -€16,150
down €16,150 (-81.3%), from €19,862 to €3,713
- Other operating charges -€6,272
down €6,272 (-88.6%), from €7,081 to €809
- Taxes -€1,975
down €1,975 (-77.3%), from €2,555 to €581
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 | €18,366 | €21,106 | +€2,740 | +14.9% |
| Current assets | 29/58 | €18,366 | €21,106 | +€2,740 | +14.9% |
| Amounts receivable within one year | 40/41 | €13,184 | €18,005 | +€4,820 | +36.6% |
| Trade receivables | 40 | €13,174 | €17,324 | +€4,150 | +31.5% |
| Other amounts receivable | 41 | €10 | €681 | +€671 | +6707.1% |
| Cash at bank and in hand | 54/58 | €5,182 | €1,940 | -€3,242 | -62.6% |
| Deferred charges and accrued income | 490/1 | - | €1,162 | +€1,162 | |
| Total equity and liabilities | 10/49 | €18,366 | €21,106 | +€2,740 | +14.9% |
| Equity | 10/15 | €14,222 | €16,545 | +€2,323 | +16.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €12,545 | +€12,545 | |
| Distributable reserves | 133 | - | €12,545 | +€12,545 | |
| Profit (loss) carried forward | 14 | €10,222 | - | -€10,222 | |
| Amounts payable | 17/49 | €4,144 | €4,561 | +€417 | +10.1% |
| Amounts payable within one year | 42/48 | €4,144 | €4,561 | +€417 | +10.1% |
| Trade debts | 44 | €215 | - | -€215 | |
| Suppliers | 440/4 | €215 | - | -€215 | |
| Taxes, remuneration and social security | 45 | €3,929 | €4,561 | +€632 | +16.1% |
| Taxes | 450/3 | €3,929 | €4,561 | +€632 | +16.1% |
| Other operating charges | 640/8 | €7,081 | €809 | -€6,272 | -88.6% |
| Gross operating margin | 9900 | €19,862 | €3,713 | -€16,150 | -81.3% |
| Operating profit (loss) | 9901 | €12,781 | €2,904 | -€9,877 | -77.3% |
| Financial charges | 65/66B | €4 | - | -€4 | |
| Recurring financial charges | 65 | €4 | - | -€4 | |
| Profit (loss) for the period before taxes | 9903 | €12,777 | €2,904 | -€9,874 | -77.3% |
| Income taxes | 67/77 | €2,555 | €581 | -€1,975 | -77.3% |
| Profit (loss) for the period | 9904 | €10,222 | €2,323 | -€7,899 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,222 | €2,323 | -€7,899 | -77.3% |
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 11 October 2026 via checked.be.