FOCUS ON YOU: 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.
FOCUS ON YOU
Largest movements
- Tangible fixed assets -€3,918
down €3,918 (-11.9%), from €32,807 to €28,890
of which Plant, machinery and equipment: -€2,661
- Receivables within one year +€2,219
up €2,219 (+21.5%), from €10,297 to €12,516
of which Trade receivables: +€2,226
- Deferred charges and accrued income -€936
down €936 (-97.9%), from €956 to €20
- Other debts +€12,163
up €12,163 (+60.7%), from €20,039 to €32,202
- Trade debts -€10,194
no longer reported in 2025 (was €10,194)
- Reserves -€4,784
down €4,784 (-56.0%), from €8,550 to €3,766
- Short-term financial debts +€3,177
new in 2025: €3,177
- Tax, wage and social debts -€1,860
down €1,860 (-84.9%), from €2,191 to €331
- Gross operating margin -€10,742
down €10,742 (-99.2%), from €10,831 to €89
- Taxes -€1,860
down €1,860 (-84.9%), from €2,191 to €331
- Depreciation +€420
up €420 (+8.8%), from €4,758 to €5,178
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 | €44,331 | €41,476 | -€2,855 | -6.4% |
| Fixed assets | 21/28 | €32,807 | €28,890 | -€3,918 | -11.9% |
| Tangible fixed assets | 22/27 | €32,807 | €28,890 | -€3,918 | -11.9% |
| Land and buildings | 22 | €4,593 | €5,014 | +€421 | +9.2% |
| Plant, machinery and equipment | 23 | €19,910 | €17,249 | -€2,661 | -13.4% |
| Furniture and vehicles | 24 | €8,304 | €6,626 | -€1,678 | -20.2% |
| Current assets | 29/58 | €11,524 | €12,587 | +€1,063 | +9.2% |
| Amounts receivable within one year | 40/41 | €10,297 | €12,516 | +€2,219 | +21.5% |
| Trade receivables | 40 | €9,916 | €12,142 | +€2,226 | +22.5% |
| Other amounts receivable | 41 | €381 | €373 | -€8 | -2.0% |
| Cash at bank and in hand | 54/58 | €270 | €51 | -€219 | -81.1% |
| Deferred charges and accrued income | 490/1 | €956 | €20 | -€936 | -97.9% |
| Total equity and liabilities | 10/49 | €44,331 | €41,476 | -€2,855 | -6.4% |
| Equity | 10/15 | €11,907 | €5,766 | -€6,141 | -51.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €8,550 | €3,766 | -€4,784 | -56.0% |
| Distributable reserves | 133 | €8,550 | €3,766 | -€4,784 | -56.0% |
| Profit (loss) carried forward | 14 | €1,357 | - | -€1,357 | |
| Amounts payable | 17/49 | €32,424 | €35,710 | +€3,286 | +10.1% |
| Amounts payable within one year | 42/48 | €32,424 | €35,710 | +€3,286 | +10.1% |
| Financial debts | 43 | - | €3,177 | +€3,177 | |
| Credit institutions | 430/8 | - | €3,177 | +€3,177 | |
| Trade debts | 44 | €10,194 | - | -€10,194 | |
| Suppliers | 440/4 | €10,194 | - | -€10,194 | |
| Taxes, remuneration and social security | 45 | €2,191 | €331 | -€1,860 | -84.9% |
| Taxes | 450/3 | €2,191 | €331 | -€1,860 | -84.9% |
| Other amounts payable | 47/48 | €20,039 | €32,202 | +€12,163 | +60.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,758 | €5,178 | +€420 | +8.8% |
| Other operating charges | 640/8 | €562 | €559 | -€3 | -0.6% |
| Gross operating margin | 9900 | €10,831 | €89 | -€10,742 | -99.2% |
| Operating profit (loss) | 9901 | €5,511 | -€5,648 | -€11,158 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -73.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -73.9% |
| Financial charges | 65/66B | €56 | €162 | +€106 | +189% |
| Recurring financial charges | 65 | €56 | €162 | +€106 | +189% |
| Profit (loss) for the period before taxes | 9903 | €5,455 | -€5,810 | -€11,265 | |
| Income taxes | 67/77 | €2,191 | €331 | -€1,860 | -84.9% |
| Profit (loss) for the period | 9904 | €3,264 | -€6,141 | -€9,405 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,264 | -€6,141 | -€9,405 |
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 27 October 2026 via checked.be.