FINOLOGY: 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.
FINOLOGY
Largest movements
- Cash +€83,681
up €83,681 (+85.8%), from €97,496 to €181,177
mainly Other debts (+€151,563) and Net result for the year (+€67,655)
- Receivables within one year +€5,141
up €5,141 (+17.7%), from €29,108 to €34,249
of which Trade receivables: +€5,139
- Other debts +€151,563
up €151,563 (+1,263,025%), from €12 to €151,575
- Profit (loss) carried forward -€82,048
no longer reported in 2025 (was €82,048)
- Trade debts +€29,608
up €29,608 (+301%), from €9,827 to €39,435
- Tax, wage and social debts -€8,441
down €8,441 (-59.2%), from €14,257 to €5,816
- Purchases and services +€36,459
up €36,459 (+24.9%), from €146,425 to €182,884
- Gross operating margin -€17,403
down €17,403 (-16.1%), from €108,238 to €90,835
- Taxes -€4,813
down €4,813 (-17.5%), from €27,474 to €22,661
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 | €126,604 | €215,426 | +€88,822 | +70.2% |
| Current assets | 29/58 | €126,604 | €215,426 | +€88,822 | +70.2% |
| Amounts receivable within one year | 40/41 | €29,108 | €34,249 | +€5,141 | +17.7% |
| Trade receivables | 40 | €29,045 | €34,184 | +€5,139 | +17.7% |
| Other amounts receivable | 41 | €63 | €65 | +€2 | +3.2% |
| Cash at bank and in hand | 54/58 | €97,496 | €181,177 | +€83,681 | +85.8% |
| Total equity and liabilities | 10/49 | €126,604 | €215,426 | +€88,822 | +70.2% |
| Equity | 10/15 | €102,508 | €18,600 | -€83,908 | -81.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €82,048 | - | -€82,048 | |
| Amounts payable | 17/49 | €24,096 | €196,826 | +€172,730 | +717% |
| Amounts payable within one year | 42/48 | €24,096 | €196,826 | +€172,730 | +717% |
| Trade debts | 44 | €9,827 | €39,435 | +€29,608 | +301% |
| Suppliers | 440/4 | €9,827 | €39,435 | +€29,608 | +301% |
| Taxes, remuneration and social security | 45 | €14,257 | €5,816 | -€8,441 | -59.2% |
| Taxes | 450/3 | €14,257 | €5,816 | -€8,441 | -59.2% |
| Other amounts payable | 47/48 | €12 | €151,575 | +€151,563 | +1,263,025% |
| Goods, raw materials, services and sundry goods | 60/61 | €146,425 | €182,884 | +€36,459 | +24.9% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €108,238 | €90,835 | -€17,403 | -16.1% |
| Operating profit (loss) | 9901 | €107,854 | €90,448 | -€17,406 | -16.1% |
| Financial charges | 65/66B | €166 | €132 | -€34 | -20.5% |
| Recurring financial charges | 65 | €166 | €132 | -€34 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €107,688 | €90,316 | -€17,372 | -16.1% |
| Income taxes | 67/77 | €27,474 | €22,661 | -€4,813 | -17.5% |
| Profit (loss) for the period | 9904 | €80,214 | €67,655 | -€12,559 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €80,214 | €67,655 | -€12,559 | -15.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.