Focuus: 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.
Focuus
Largest movements
- Tangible fixed assets +€36,391
up €36,391 (+980.8%), from €3,710 to €40,102
of which Other tangible fixed assets: +€34,318
- Cash +€9,192
up €9,192 (+40.9%), from €22,461 to €31,652
mainly Net result for the year (+€39,863) and Receivables within one year (+€7,599)
- Receivables within one year -€7,599
down €7,599 (-47.4%), from €16,022 to €8,423
of which Trade receivables: -€7,863
- Reserves +€39,863
up €39,863 (+263.8%), from €15,110 to €54,973
- Trade debts -€1,127
down €1,127 (-54.8%), from €2,057 to €929
- Other debts -€1,103
down €1,103 (-19.1%), from €5,760 to €4,657
- Gross operating margin +€37,298
up €37,298 (+182.8%), from €20,401 to €57,699
- Taxes +€7,156
up €7,156 (+178.6%), from €4,007 to €11,163
- Depreciation +€3,038
up €3,038 (+1318.8%), from €230 to €3,268
- Financial charges +€1,551
up €1,551 (+180.0%), from €862 to €2,413
- Other operating charges +€877
up €877 (+357.0%), from €246 to €1,122
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 | €42,820 | €81,092 | +€38,272 | +89.4% |
| Fixed assets | 21/28 | €3,710 | €40,102 | +€36,391 | +980.8% |
| Tangible fixed assets | 22/27 | €3,710 | €40,102 | +€36,391 | +980.8% |
| Plant, machinery and equipment | 23 | €2,661 | €4,734 | +€2,074 | +77.9% |
| Other tangible fixed assets | 26 | €1,050 | €35,367 | +€34,318 | +3269.2% |
| Current assets | 29/58 | €39,110 | €40,990 | +€1,881 | +4.8% |
| Amounts receivable within one year | 40/41 | €16,022 | €8,423 | -€7,599 | -47.4% |
| Trade receivables | 40 | €15,967 | €8,105 | -€7,863 | -49.2% |
| Other amounts receivable | 41 | €54 | €318 | +€264 | +486.6% |
| Cash at bank and in hand | 54/58 | €22,461 | €31,652 | +€9,192 | +40.9% |
| Deferred charges and accrued income | 490/1 | €627 | €915 | +€288 | +45.9% |
| Total equity and liabilities | 10/49 | €42,820 | €81,092 | +€38,272 | +89.4% |
| Equity | 10/15 | €18,610 | €58,473 | +€39,863 | +214.2% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €15,110 | €54,973 | +€39,863 | +263.8% |
| Distributable reserves | 133 | €15,110 | €54,973 | +€39,863 | +263.8% |
| Amounts payable | 17/49 | €24,210 | €22,619 | -€1,591 | -6.6% |
| Amounts payable within one year | 42/48 | €24,210 | €22,619 | -€1,591 | -6.6% |
| Trade debts | 44 | €2,057 | €929 | -€1,127 | -54.8% |
| Suppliers | 440/4 | €2,057 | €929 | -€1,127 | -54.8% |
| Taxes, remuneration and social security | 45 | €16,394 | €17,033 | +€639 | +3.9% |
| Taxes | 450/3 | €16,394 | €17,033 | +€639 | +3.9% |
| Other amounts payable | 47/48 | €5,760 | €4,657 | -€1,103 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230 | €3,268 | +€3,038 | +1318.8% |
| Other operating charges | 640/8 | €246 | €1,122 | +€877 | +357.0% |
| Gross operating margin | 9900 | €20,401 | €57,699 | +€37,298 | +182.8% |
| Operating profit (loss) | 9901 | €19,925 | €53,309 | +€33,384 | +167.5% |
| Financial income | 75/76B | €53 | €130 | +€77 | +145.2% |
| Recurring financial income | 75 | €53 | €130 | +€77 | +145.2% |
| Financial charges | 65/66B | €862 | €2,413 | +€1,551 | +180.0% |
| Recurring financial charges | 65 | €862 | €2,413 | +€1,551 | +180.0% |
| Profit (loss) for the period before taxes | 9903 | €19,116 | €51,026 | +€31,910 | +166.9% |
| Income taxes | 67/77 | €4,007 | €11,163 | +€7,156 | +178.6% |
| Profit (loss) for the period | 9904 | €15,110 | €39,863 | +€24,753 | +163.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,110 | €39,863 | +€24,753 | +163.8% |
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 12 October 2026 via checked.be.