FULLTIME BUSINESS: 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.
FULLTIME BUSINESS
Largest movements
- Receivables within one year -€71,253
down €71,253 (-60.6%), from €117,638 to €46,385
of which Trade receivables: -€77,369
- Tangible fixed assets -€43,903
down €43,903 (-5.9%), from €740,509 to €696,606
- Debts after one year -€131,185
down €131,185 (-9.0%), from €1.5m to €1.3m
- Profit (loss) carried forward -€64,747
new in 2025: -€64,747
- Other debts +€55,503
up €55,503 (+42.5%), from €130,499 to €186,003
- Current portion of long-term debt +€46,423
up €46,423 (+78.3%), from €59,262 to €105,685
- Gross operating margin -€152,347
down €152,347 (-86.1%), from €176,912 to €24,565
- Taxes -€20,584
down €20,584 (-98.1%), from €20,987 to €403
- Other operating charges -€9,466
down €9,466 (-52.7%), from €17,954 to €8,488
- Financial charges -€6,764
down €6,764 (-16.3%), from €41,457 to €34,693
- Write-downs -€2,059
down €2,059 (-100%), from €2,059 to €0
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 | €1,894,130 | €1,772,372 | -€121,758 | -6.4% |
| Fixed assets | 21/28 | €1,740,509 | €1,696,606 | -€43,903 | -2.5% |
| Tangible fixed assets | 22/27 | €740,509 | €696,606 | -€43,903 | -5.9% |
| Land and buildings | 22 | €689,015 | €667,108 | -€21,908 | -3.2% |
| Plant, machinery and equipment | 23 | €13,891 | €6,578 | -€7,314 | -52.6% |
| Furniture and vehicles | 24 | €27,523 | €15,905 | -€11,619 | -42.2% |
| Other tangible fixed assets | 26 | €10,079 | €7,016 | -€3,063 | -30.4% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €153,621 | €75,766 | -€77,855 | -50.7% |
| Amounts receivable within one year | 40/41 | €117,638 | €46,385 | -€71,253 | -60.6% |
| Trade receivables | 40 | €113,992 | €36,623 | -€77,369 | -67.9% |
| Other amounts receivable | 41 | €3,646 | €9,763 | +€6,117 | +168% |
| Cash at bank and in hand | 54/58 | €18,838 | €23,276 | +€4,438 | +23.6% |
| Deferred charges and accrued income | 490/1 | €17,145 | €6,105 | -€11,040 | -64.4% |
| Total equity and liabilities | 10/49 | €1,894,130 | €1,772,372 | -€121,758 | -6.4% |
| Equity | 10/15 | €167,530 | €102,784 | -€64,747 | -38.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €117,530 | €117,530 | = | 0.0% |
| Distributable reserves | 133 | €117,530 | €117,530 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€64,747 | -€64,747 | |
| Amounts payable | 17/49 | €1,726,600 | €1,669,588 | -€57,011 | -3.3% |
| Amounts payable after more than one year | 17 | €1,454,265 | €1,323,080 | -€131,185 | -9.0% |
| Financial debts | 170/4 | €1,454,265 | €1,323,080 | -€131,185 | -9.0% |
| Amounts payable within one year | 42/48 | €260,464 | €332,999 | +€72,535 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €59,262 | €105,685 | +€46,423 | +78.3% |
| Trade debts | 44 | €51,362 | €33,074 | -€18,288 | -35.6% |
| Suppliers | 440/4 | €51,362 | €33,074 | -€18,288 | -35.6% |
| Taxes, remuneration and social security | 45 | €19,341 | €8,237 | -€11,104 | -57.4% |
| Taxes | 450/3 | €19,341 | €8,237 | -€11,104 | -57.4% |
| Other amounts payable | 47/48 | €130,499 | €186,003 | +€55,503 | +42.5% |
| Accrued charges and deferred income | 492/3 | €11,870 | €13,509 | +€1,640 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,145 | €45,810 | -€335 | -0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,059 | €0 | -€2,059 | -100% |
| Other operating charges | 640/8 | €17,954 | €8,488 | -€9,466 | -52.7% |
| Gross operating margin | 9900 | €176,912 | €24,565 | -€152,347 | -86.1% |
| Operating profit (loss) | 9901 | €110,754 | -€29,733 | -€140,486 | |
| Financial income | 75/76B | €331 | €82 | -€249 | -75.2% |
| Recurring financial income | 75 | €331 | €82 | -€249 | -75.2% |
| Financial charges | 65/66B | €41,457 | €34,693 | -€6,764 | -16.3% |
| Recurring financial charges | 65 | €41,457 | €34,693 | -€6,764 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €69,628 | -€64,343 | -€133,972 | |
| Income taxes | 67/77 | €20,987 | €403 | -€20,584 | -98.1% |
| Profit (loss) for the period | 9904 | €48,641 | -€64,747 | -€113,388 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,641 | -€64,747 | -€113,388 |
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 23 October 2026 via checked.be.