GAME PLAN: 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.
GAME PLAN
Largest movements
- Cash -€7,210
down €7,210 (-52.8%), from €13,658 to €6,448
mainly Net result for the year (-€10,830)
- Profit (loss) carried forward -€10,830
down €10,830 (-4.2%), from -€256,745 to -€267,575
- Gross operating margin +€14,090
up €14,090 (+58.3%), from -€24,177 to -€10,088
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,762 | €227,950 | -€8,812 | -3.7% |
| Formation expenses | 20 | €1,326 | €864 | -€461 | -34.8% |
| Current assets | 29/58 | €235,436 | €227,085 | -€8,351 | -3.5% |
| Amounts receivable within one year | 40/41 | €221,678 | €220,638 | -€1,041 | -0.5% |
| Trade receivables | 40 | €220,638 | €220,638 | = | 0.0% |
| Other amounts receivable | 41 | €1,041 | €0 | -€1,041 | -100.0% |
| Cash at bank and in hand | 54/58 | €13,658 | €6,448 | -€7,210 | -52.8% |
| Deferred charges and accrued income | 490/1 | €100 | €0 | -€100 | -100.0% |
| Total equity and liabilities | 10/49 | €236,762 | €227,950 | -€8,812 | -3.7% |
| Equity | 10/15 | -€235,745 | -€246,575 | -€10,830 | -4.6% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€256,745 | -€267,575 | -€10,830 | -4.2% |
| Amounts payable | 17/49 | €472,507 | €474,525 | +€2,018 | +0.4% |
| Amounts payable within one year | 42/48 | €472,507 | €474,525 | +€2,018 | +0.4% |
| Trade debts | 44 | €453,879 | €455,879 | +€2,000 | +0.4% |
| Suppliers | 440/4 | €453,879 | €455,879 | +€2,000 | +0.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €18,628 | €18,645 | +€18 | +0.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €461 | €461 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€24,177 | -€10,088 | +€14,090 | +58.3% |
| Operating profit (loss) | 9901 | -€24,756 | -€10,669 | +€14,088 | +56.9% |
| Financial charges | 65/66B | €110 | €161 | +€51 | +46.4% |
| Recurring financial charges | 65 | €110 | €161 | +€51 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,866 | -€10,830 | +€14,037 | +56.4% |
| Profit (loss) for the period | 9904 | -€24,866 | -€10,830 | +€14,037 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,866 | -€10,830 | +€14,037 | +56.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.