FRAMES & FIELDS: 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.
FRAMES & FIELDS
Largest movements
- Receivables within one year -€24,883
down €24,883 (-42.0%), from €59,300 to €34,416
of which Trade receivables: -€29,708
- Cash +€4,387
up €4,387 (+768%), from €571 to €4,958
mainly Receivables within one year (+€24,883) and Depreciation (+€12,091)
- Debts after one year -€19,488
down €19,488 (-46.6%), from €41,855 to €22,366
- Tax, wage and social debts -€17,124
down €17,124 (-85.6%), from €20,005 to €2,881
- Short-term financial debts +€10,075
up €10,075 (+2,567%), from €392 to €10,467
- Trade debts +€5,255
up €5,255 (+126%), from €4,173 to €9,428
- Gross operating margin -€44,460
down €44,460 (-65.9%), from €67,429 to €22,969
- Depreciation -€9,986
down €9,986 (-45.2%), from €22,077 to €12,091
- Taxes -€9,361
down €9,361 (-82.9%), from €11,298 to €1,937
- Financial charges -€1,848
down €1,848 (-28.8%), from €6,418 to €4,570
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 | €219,411 | €201,155 | -€18,257 | -8.3% |
| Fixed assets | 21/28 | €159,213 | €159,676 | +€464 | +0.3% |
| Tangible fixed assets | 22/27 | €159,213 | €159,676 | +€464 | +0.3% |
| Land and buildings | 22 | €152,785 | €145,004 | -€7,782 | -5.1% |
| Plant, machinery and equipment | 23 | €4,919 | €10,500 | +€5,580 | +113% |
| Furniture and vehicles | 24 | €1,508 | €4,173 | +€2,665 | +177% |
| Current assets | 29/58 | €60,199 | €41,478 | -€18,720 | -31.1% |
| Amounts receivable within one year | 40/41 | €59,300 | €34,416 | -€24,883 | -42.0% |
| Trade receivables | 40 | €52,191 | €22,484 | -€29,708 | -56.9% |
| Other amounts receivable | 41 | €7,108 | €11,932 | +€4,824 | +67.9% |
| Cash at bank and in hand | 54/58 | €571 | €4,958 | +€4,387 | +768% |
| Deferred charges and accrued income | 490/1 | €328 | €2,104 | +€1,776 | +542% |
| Total equity and liabilities | 10/49 | €219,411 | €201,155 | -€18,257 | -8.3% |
| Equity | 10/15 | €96,344 | €98,237 | +€1,893 | +2.0% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €87,044 | €88,937 | +€1,893 | +2.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,431 | €251 | -€1,180 | -82.5% |
| Distributable reserves | 133 | €83,753 | €86,826 | +€3,073 | +3.7% |
| Provisions and deferred taxes | 16 | €358 | €63 | -€295 | -82.5% |
| Deferred taxes | 168 | €358 | €63 | -€295 | -82.5% |
| Amounts payable | 17/49 | €122,710 | €102,855 | -€19,855 | -16.2% |
| Amounts payable after more than one year | 17 | €41,855 | €22,366 | -€19,488 | -46.6% |
| Financial debts | 170/4 | €41,855 | €22,366 | -€19,488 | -46.6% |
| Amounts payable within one year | 42/48 | €80,855 | €80,489 | -€366 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €18,438 | €19,488 | +€1,050 | +5.7% |
| Financial debts | 43 | €392 | €10,467 | +€10,075 | +2,567% |
| Credit institutions | 430/8 | €392 | €10,467 | +€10,075 | +2,567% |
| Trade debts | 44 | €4,173 | €9,428 | +€5,255 | +126% |
| Suppliers | 440/4 | €4,173 | €9,428 | +€5,255 | +126% |
| Taxes, remuneration and social security | 45 | €20,005 | €2,881 | -€17,124 | -85.6% |
| Taxes | 450/3 | €20,005 | €2,881 | -€17,124 | -85.6% |
| Other amounts payable | 47/48 | €37,846 | €38,224 | +€378 | +1.0% |
| Non-recurring operating income | 76A | - | €11,479 | +€11,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,077 | €12,091 | -€9,986 | -45.2% |
| Other operating charges | 640/8 | €2,638 | €2,778 | +€140 | +5.3% |
| Gross operating margin | 9900 | €67,429 | €22,969 | -€44,460 | -65.9% |
| Operating profit (loss) | 9901 | €42,714 | €8,100 | -€34,614 | -81.0% |
| Financial income | 75/76B | €2 | €5 | +€2 | +97.2% |
| Recurring financial income | 75 | €2 | €5 | +€2 | +97.2% |
| Financial charges | 65/66B | €6,418 | €4,570 | -€1,848 | -28.8% |
| Recurring financial charges | 65 | €6,418 | €4,570 | -€1,848 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €36,299 | €3,535 | -€32,764 | -90.3% |
| Transfer from deferred taxes | 780 | €295 | €295 | = | 0.0% |
| Income taxes | 67/77 | €11,298 | €1,937 | -€9,361 | -82.9% |
| Profit (loss) for the period | 9904 | €25,295 | €1,893 | -€23,402 | -92.5% |
| Transfer from tax-exempt reserves | 789 | €1,180 | €1,180 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,475 | €3,073 | -€23,402 | -88.4% |
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 13 October 2026 via checked.be.