GENERAL BUSINESS PARTNER: 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.
GENERAL BUSINESS PARTNER
Largest movements
- Tangible fixed assets -€21,709
down €21,709 (-9.7%), from €224,959 to €203,250
- Trade debts -€16,088
down €16,088 (-77.6%), from €20,725 to €4,637
- Profit (loss) carried forward -€10,032
down €10,032 (-34.8%), from €28,819 to €18,786
- Other debts +€4,429
up €4,429 (+4.1%), from €107,196 to €111,625
- Other operating charges +€2,159
up €2,159 (+79.9%), from €2,702 to €4,860
- Depreciation +€1,612
up €1,612 (+7.1%), from €22,590 to €24,202
- Gross operating margin -€988
down €988 (-4.9%), from €20,026 to €19,039
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €225,273 | €203,582 | -€21,691 | -9.6% |
| Fixed assets | 21/28 | €224,959 | €203,250 | -€21,709 | -9.7% |
| Tangible fixed assets | 22/27 | €224,959 | €203,250 | -€21,709 | -9.7% |
| Land and buildings | 22 | €224,959 | €203,250 | -€21,709 | -9.7% |
| Current assets | 29/58 | €314 | €332 | +€18 | +5.7% |
| Deferred charges and accrued income | 490/1 | €314 | €332 | +€18 | +5.7% |
| Total equity and liabilities | 10/49 | €225,273 | €203,582 | -€21,691 | -9.6% |
| Equity | 10/15 | €97,352 | €87,320 | -€10,032 | -10.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,533 | €6,533 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €333 | €333 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,819 | €18,786 | -€10,032 | -34.8% |
| Amounts payable | 17/49 | €127,921 | €116,262 | -€11,659 | -9.1% |
| Amounts payable within one year | 42/48 | €127,921 | €116,262 | -€11,659 | -9.1% |
| Trade debts | 44 | €20,725 | €4,637 | -€16,088 | -77.6% |
| Suppliers | 440/4 | €20,725 | €4,637 | -€16,088 | -77.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €107,196 | €111,625 | +€4,429 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,590 | €24,202 | +€1,612 | +7.1% |
| Other operating charges | 640/8 | €2,702 | €4,860 | +€2,159 | +79.9% |
| Gross operating margin | 9900 | €20,026 | €19,039 | -€988 | -4.9% |
| Operating profit (loss) | 9901 | -€5,265 | -€10,024 | -€4,759 | -90.4% |
| Financial charges | 65/66B | €6 | €8 | +€3 | +49.5% |
| Recurring financial charges | 65 | €6 | €8 | +€3 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,271 | -€10,032 | -€4,761 | -90.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€5,271 | -€10,032 | -€4,761 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,271 | -€10,032 | -€4,761 | -90.3% |
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 26 October 2026 via checked.be.