FRÉDÉRIC VANBOSSELE: 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.
FRÉDÉRIC VANBOSSELE
Largest movements
- Tangible fixed assets -€17,735
down €17,735 (-8.5%), from €209,227 to €191,492
of which Land and buildings: -€17,735
- Other debts +€34,036
up €34,036 (+8.9%), from €380,820 to €414,856
- Profit (loss) carried forward -€29,468
down €29,468 (-12.7%), from -€231,363 to -€260,831
- Debts after one year -€23,115
no longer reported in 2025 (was €23,115)
- Trade debts +€4,075
up €4,075 (+653.2%), from €624 to €4,699
- Accrued charges and deferred income -€2,829
down €2,829 (-90.6%), from €3,122 to €293
- Gross operating margin +€3,276
up €3,276 (+34.4%), from -€9,529 to -€6,254
- Financial charges -€3,079
down €3,079 (-62.6%), from €4,916 to €1,837
- Depreciation -€339
down €339 (-1.9%), from €18,074 to €17,735
- Other operating charges +€137
up €137 (+3.9%), from €3,505 to €3,642
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 | €212,003 | €195,772 | -€16,231 | -7.7% |
| Fixed assets | 21/28 | €211,210 | €193,475 | -€17,735 | -8.4% |
| Tangible fixed assets | 22/27 | €209,227 | €191,492 | -€17,735 | -8.5% |
| Land and buildings | 22 | €204,027 | €186,292 | -€17,735 | -8.7% |
| Furniture and vehicles | 24 | €5,200 | €5,200 | = | 0.0% |
| Financial fixed assets | 28 | €1,982 | €1,982 | = | 0.0% |
| Current assets | 29/58 | €793 | €2,298 | +€1,504 | +189.7% |
| Cash at bank and in hand | 54/58 | €758 | €1,597 | +€839 | +110.8% |
| Deferred charges and accrued income | 490/1 | €35 | €700 | +€665 | +1893.5% |
| Total equity and liabilities | 10/49 | €212,003 | €195,772 | -€16,231 | -7.7% |
| Equity | 10/15 | -€217,723 | -€247,191 | -€29,468 | -13.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€231,363 | -€260,831 | -€29,468 | -12.7% |
| Amounts payable | 17/49 | €429,726 | €442,963 | +€13,237 | +3.1% |
| Amounts payable after more than one year | 17 | €23,115 | - | -€23,115 | |
| Financial debts | 170/4 | €23,115 | - | -€23,115 | |
| Amounts payable within one year | 42/48 | €403,489 | €442,671 | +€39,181 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €22,045 | €23,115 | +€1,070 | +4.9% |
| Trade debts | 44 | €624 | €4,699 | +€4,075 | +653.2% |
| Suppliers | 440/4 | €624 | €4,699 | +€4,075 | +653.2% |
| Other amounts payable | 47/48 | €380,820 | €414,856 | +€34,036 | +8.9% |
| Accrued charges and deferred income | 492/3 | €3,122 | €293 | -€2,829 | -90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,074 | €17,735 | -€339 | -1.9% |
| Other operating charges | 640/8 | €3,505 | €3,642 | +€137 | +3.9% |
| Gross operating margin | 9900 | -€9,529 | -€6,254 | +€3,276 | +34.4% |
| Operating profit (loss) | 9901 | -€31,108 | -€27,631 | +€3,478 | +11.2% |
| Financial charges | 65/66B | €4,916 | €1,837 | -€3,079 | -62.6% |
| Recurring financial charges | 65 | €4,916 | €1,837 | -€3,079 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | -€36,024 | -€29,468 | +€6,557 | +18.2% |
| Profit (loss) for the period | 9904 | -€36,024 | -€29,468 | +€6,557 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,024 | -€29,468 | +€6,557 | +18.2% |
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 6 October 2026 via checked.be.