GET SET: 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.
GET SET
Largest movements
- Cash -€32,738
down €32,738 (-66.5%), from €49,240 to €16,501
mainly Other debts (-€44,838) and Contributions, distributions and other (-€6,200)
- Tangible fixed assets -€15,028
down €15,028 (-32.6%), from €46,155 to €31,127
- Receivables within one year +€2,413
up €2,413 (+7977.3%), from €30 to €2,443
- Other debts -€44,838
down €44,838 (-97.7%), from €45,878 to €1,040
- Contributions -€6,200
down €6,200 (-100.0%), from €6,200 to €0
- Trade debts +€4,533
up €4,533 (+100.1%), from €4,530 to €9,063
- Reserves +€3,593
up €3,593 (+10.8%), from €33,216 to €36,809
of which Distributable reserves: +€3,593
- Tax, wage and social debts -€1,422
down €1,422 (-41.5%), from €3,427 to €2,005
- Gross operating margin +€4,549
up €4,549 (+27.9%), from €16,305 to €20,855
- Taxes +€1,084
up €1,084 (+223.4%), from €485 to €1,569
- Other operating charges -€240
down €240 (-29.5%), from €813 to €573
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 | €95,425 | €50,071 | -€45,353 | -47.5% |
| Fixed assets | 21/28 | €46,155 | €31,127 | -€15,028 | -32.6% |
| Tangible fixed assets | 22/27 | €46,155 | €31,127 | -€15,028 | -32.6% |
| Furniture and vehicles | 24 | €46,155 | €31,127 | -€15,028 | -32.6% |
| Current assets | 29/58 | €49,270 | €18,945 | -€30,325 | -61.5% |
| Amounts receivable within one year | 40/41 | €30 | €2,443 | +€2,413 | +7977.3% |
| Trade receivables | 40 | €30 | €2,443 | +€2,413 | +7977.3% |
| Cash at bank and in hand | 54/58 | €49,240 | €16,501 | -€32,738 | -66.5% |
| Total equity and liabilities | 10/49 | €95,425 | €50,071 | -€45,353 | -47.5% |
| Equity | 10/15 | €40,569 | €37,963 | -€2,607 | -6.4% |
| Contributions | 10/11 | €6,200 | €0 | -€6,200 | -100.0% |
| Reserves | 13 | €33,216 | €36,809 | +€3,593 | +10.8% |
| Non-distributable reserves | 130/1 | €1,139 | €1,139 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,139 | €1,139 | = | 0.0% |
| Distributable reserves | 133 | €32,077 | €35,671 | +€3,593 | +11.2% |
| Profit (loss) carried forward | 14 | €1,154 | €1,154 | = | 0.0% |
| Amounts payable | 17/49 | €54,855 | €12,108 | -€42,747 | -77.9% |
| Amounts payable within one year | 42/48 | €54,855 | €12,108 | -€42,747 | -77.9% |
| Trade debts | 44 | €4,530 | €9,063 | +€4,533 | +100.1% |
| Suppliers | 440/4 | €4,530 | €9,063 | +€4,533 | +100.1% |
| Advances received on contracts in progress | 46 | €1,019 | €0 | -€1,019 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,427 | €2,005 | -€1,422 | -41.5% |
| Taxes | 450/3 | €3,427 | €2,005 | -€1,422 | -41.5% |
| Other amounts payable | 47/48 | €45,878 | €1,040 | -€44,838 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,028 | €15,028 | = | 0.0% |
| Other operating charges | 640/8 | €813 | €573 | -€240 | -29.5% |
| Gross operating margin | 9900 | €16,305 | €20,855 | +€4,549 | +27.9% |
| Operating profit (loss) | 9901 | €464 | €5,254 | +€4,789 | +1031.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €110 | €91 | -€18 | -16.7% |
| Recurring financial charges | 65 | €110 | €91 | -€18 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €355 | €5,162 | +€4,807 | +1355.3% |
| Income taxes | 67/77 | €485 | €1,569 | +€1,084 | +223.4% |
| Profit (loss) for the period | 9904 | -€130 | €3,593 | +€3,724 | |
| Profit (loss) for the period to be appropriated | 9905 | -€130 | €3,593 | +€3,724 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.