FIRMLAND: 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.
FIRMLAND
Largest movements
- Cash -€168,361
down €168,361 (-33.9%), from €496,940 to €328,579
mainly Contributions, distributions and other (-€74,936) and Other debts (-€60,094)
- Receivables within one year +€53,124
up €53,124 (+1015.1%), from €5,233 to €58,357
of which Other amounts receivable: +€52,375
- Reserves -€74,753
down €74,753 (-17.3%), from €431,548 to €356,795
- Other debts -€60,094
no longer reported in 2025 (was €60,094)
- Trade debts +€22,837
up €22,837 (+3179.5%), from €718 to €23,555
- Gross operating margin -€8,286
down €8,286 (-88.1%), from €9,410 to €1,124
- Taxes -€2,771
down €2,771 (-97.6%), from €2,839 to €69
- Other operating charges -€240
down €240 (-29.5%), from €813 to €573
- Financial charges +€215
up €215 (+255.7%), from €84 to €299
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 | €502,173 | €386,936 | -€115,238 | -22.9% |
| Current assets | 29/58 | €502,173 | €386,936 | -€115,238 | -22.9% |
| Amounts receivable within one year | 40/41 | €5,233 | €58,357 | +€53,124 | +1015.1% |
| Trade receivables | 40 | €897 | €1,646 | +€749 | +83.5% |
| Other amounts receivable | 41 | €4,337 | €56,711 | +€52,375 | +1207.8% |
| Cash at bank and in hand | 54/58 | €496,940 | €328,579 | -€168,361 | -33.9% |
| Total equity and liabilities | 10/49 | €502,173 | €386,936 | -€115,238 | -22.9% |
| Equity | 10/15 | €437,748 | €362,995 | -€74,753 | -17.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €431,548 | €356,795 | -€74,753 | -17.3% |
| Distributable reserves | 133 | €431,548 | €356,795 | -€74,753 | -17.3% |
| Amounts payable | 17/49 | €64,425 | €23,941 | -€40,485 | -62.8% |
| Amounts payable within one year | 42/48 | €64,425 | €23,941 | -€40,485 | -62.8% |
| Trade debts | 44 | €718 | €23,555 | +€22,837 | +3179.5% |
| Suppliers | 440/4 | €718 | €23,555 | +€22,837 | +3179.5% |
| Taxes, remuneration and social security | 45 | €3,613 | €385 | -€3,227 | -89.3% |
| Taxes | 450/3 | €3,613 | €385 | -€3,227 | -89.3% |
| Other amounts payable | 47/48 | €60,094 | - | -€60,094 | |
| Other operating charges | 640/8 | €813 | €573 | -€240 | -29.5% |
| Gross operating margin | 9900 | €9,410 | €1,124 | -€8,286 | -88.1% |
| Operating profit (loss) | 9901 | €8,597 | €551 | -€8,046 | -93.6% |
| Financial charges | 65/66B | €84 | €299 | +€215 | +255.7% |
| Recurring financial charges | 65 | €84 | €299 | +€215 | +255.7% |
| Profit (loss) for the period before taxes | 9903 | €8,513 | €252 | -€8,261 | -97.0% |
| Income taxes | 67/77 | €2,839 | €69 | -€2,771 | -97.6% |
| Profit (loss) for the period | 9904 | €5,674 | €183 | -€5,490 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,674 | €183 | -€5,490 | -96.8% |
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.