FLOW POSTPRODUCTION: what changed
Two fiscal 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.
FLOW POSTPRODUCTION
Largest movements
- Receivables within one year +€224,776
up €224,776 (+39.7%), from €565,884 to €790,661
of which Other amounts receivable: +€141,641
- Tangible fixed assets -€82,546
down €82,546 (-6.9%), from €1.2m to €1.1m
- Stocks and contracts -€42,133
no longer reported in 2025 (was €42,133)
- Trade debts -€350,254
down €350,254 (-32.8%), from €1.1m to €717,153
- Profit (loss) carried forward +€278,500
up €278,500 (+85.3%), from €326,597 to €605,098
- Tax, wage and social debts +€139,215
up €139,215 (+139.2%), from €99,983 to €239,198
of which Remuneration and social security: +€138,556
- Reserves +€109,460
up €109,460 (+260.0%), from €42,100 to €151,560
- Debts after one year -€75,230
down €75,230 (-11.0%), from €683,633 to €608,403
- Gross operating margin +€597,340
up €597,340 (+56.3%), from €1.1m to €1.7m
- Staff costs +€165,996
up €165,996 (+28.9%), from €573,411 to €739,406
- Taxes +€119,870
up €119,870 (+156.9%), from €76,416 to €196,286
- Financial income +€88,573
new in 2025: €88,573
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 | €2,303,704 | €2,405,244 | +€101,540 | +4.4% |
| Fixed assets | 21/28 | €1,196,052 | €1,113,707 | -€82,346 | -6.9% |
| Tangible fixed assets | 22/27 | €1,196,052 | €1,113,507 | -€82,546 | -6.9% |
| Land and buildings | 22 | €752,439 | €733,175 | -€19,264 | -2.6% |
| Plant, machinery and equipment | 23 | €71,293 | €68,451 | -€2,842 | -4.0% |
| Furniture and vehicles | 24 | €108,342 | €76,620 | -€31,723 | -29.3% |
| Other tangible fixed assets | 26 | €263,979 | €235,261 | -€28,717 | -10.9% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €1,107,652 | €1,291,538 | +€183,886 | +16.6% |
| Stocks and contracts in progress | 3 | €42,133 | - | -€42,133 | |
| Contracts in progress | 37 | €42,133 | - | -€42,133 | |
| Amounts receivable within one year | 40/41 | €565,884 | €790,661 | +€224,776 | +39.7% |
| Trade receivables | 40 | €454,425 | €537,560 | +€83,135 | +18.3% |
| Other amounts receivable | 41 | €111,459 | €253,100 | +€141,641 | +127.1% |
| Cash at bank and in hand | 54/58 | €498,428 | €500,877 | +€2,449 | +0.5% |
| Deferred charges and accrued income | 490/1 | €1,206 | €0 | -€1,206 | -100.0% |
| Total equity and liabilities | 10/49 | €2,303,704 | €2,405,244 | +€101,540 | +4.4% |
| Equity | 10/15 | €368,697 | €756,658 | +€387,960 | +105.2% |
| Reserves | 13 | €42,100 | €151,560 | +€109,460 | +260.0% |
| Tax-exempt reserves | 132 | €42,100 | €151,560 | +€109,460 | +260.0% |
| Profit (loss) carried forward | 14 | €326,597 | €605,098 | +€278,500 | +85.3% |
| Amounts payable | 17/49 | €1,935,007 | €1,648,587 | -€286,420 | -14.8% |
| Amounts payable after more than one year | 17 | €683,633 | €608,403 | -€75,230 | -11.0% |
| Financial debts | 170/4 | €683,633 | €608,403 | -€75,230 | -11.0% |
| Amounts payable within one year | 42/48 | €1,251,374 | €1,040,183 | -€211,191 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €81,142 | €80,650 | -€491 | -0.6% |
| Trade debts | 44 | €1,067,407 | €717,153 | -€350,254 | -32.8% |
| Suppliers | 440/4 | €1,067,407 | €717,153 | -€350,254 | -32.8% |
| Taxes, remuneration and social security | 45 | €99,983 | €239,198 | +€139,215 | +139.2% |
| Taxes | 450/3 | €99,983 | €100,641 | +€658 | +0.7% |
| Remuneration and social security | 454/9 | - | €138,556 | +€138,556 | |
| Other amounts payable | 47/48 | €2,842 | €3,182 | +€340 | +12.0% |
| Remuneration, social security and pensions | 62 | €573,411 | €739,406 | +€165,996 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,544 | €141,773 | -€13,771 | -8.9% |
| Other operating charges | 640/8 | €39,884 | €42,451 | +€2,567 | +6.4% |
| Non-recurring operating charges | 66A | €290 | €1,206 | +€916 | +315.4% |
| Gross operating margin | 9900 | €1,061,069 | €1,658,409 | +€597,340 | +56.3% |
| Operating profit (loss) | 9901 | €291,940 | €733,573 | +€441,633 | +151.3% |
| Financial income | 75/76B | - | €88,573 | +€88,573 | |
| Recurring financial income | 75 | - | €88,573 | +€88,573 | |
| Financial charges | 65/66B | €15,058 | €11,914 | -€3,145 | -20.9% |
| Recurring financial charges | 65 | €15,058 | €11,914 | -€3,145 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €276,882 | €810,233 | +€533,351 | +192.6% |
| Income taxes | 67/77 | €76,416 | €196,286 | +€119,870 | +156.9% |
| Profit (loss) for the period | 9904 | €200,466 | €613,947 | +€413,481 | +206.3% |
| Transfer to tax-exempt reserves | 689 | - | €109,460 | +€109,460 | |
| Profit (loss) for the period to be appropriated | 9905 | €200,466 | €504,487 | +€304,021 | +151.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.