give IT: 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.
give IT
Largest movements
- Current investments -€40,000
down €40,000 (-67.8%), from €59,012 to €19,012
- Cash +€34,347
up €34,347 (+28.4%), from €121,082 to €155,429
mainly Current investments (+€40,000) and Other debts (+€31,748)
- Receivables within one year -€4,877
down €4,877 (-19.3%), from €25,217 to €20,340
of which Trade receivables: -€3,926
- Tangible fixed assets -€4,260
down €4,260 (-11.7%), from €36,474 to €32,214
of which Furniture and vehicles: -€4,462
- Reserves -€33,171
down €33,171 (-15.9%), from €208,222 to €175,051
of which Distributable reserves: -€33,171
- Other debts +€31,748
new in 2025: €31,748
- Tax, wage and social debts -€5,394
down €5,394 (-95.3%), from €5,661 to €267
- Debts after one year -€2,829
down €2,829 (-21.9%), from €12,892 to €10,062
of which Financial debts: -€2,829
- Gross operating margin -€22,862
down €22,862 (-35.1%), from €65,211 to €42,350
- Taxes -€4,859
down €4,859 (-32.8%), from €14,806 to €9,947
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 | €243,821 | €233,316 | -€10,505 | -4.3% |
| Fixed assets | 21/28 | €36,834 | €35,011 | -€1,824 | -5.0% |
| Intangible fixed assets | 21 | - | €2,436 | +€2,436 | |
| Tangible fixed assets | 22/27 | €36,474 | €32,214 | -€4,260 | -11.7% |
| Land and buildings | 22 | €27,775 | €26,150 | -€1,625 | -5.9% |
| Plant, machinery and equipment | 23 | €2,139 | €3,966 | +€1,827 | +85.4% |
| Furniture and vehicles | 24 | €6,561 | €2,098 | -€4,462 | -68.0% |
| Financial fixed assets | 28 | €360 | €360 | = | 0.0% |
| Current assets | 29/58 | €206,987 | €198,306 | -€8,681 | -4.2% |
| Amounts receivable within one year | 40/41 | €25,217 | €20,340 | -€4,877 | -19.3% |
| Trade receivables | 40 | €18,379 | €14,453 | -€3,926 | -21.4% |
| Other amounts receivable | 41 | €6,838 | €5,887 | -€951 | -13.9% |
| Current investments | 50/53 | €59,012 | €19,012 | -€40,000 | -67.8% |
| Cash at bank and in hand | 54/58 | €121,082 | €155,429 | +€34,347 | +28.4% |
| Deferred charges and accrued income | 490/1 | €1,675 | €3,524 | +€1,849 | +110.3% |
| Total equity and liabilities | 10/49 | €243,821 | €233,316 | -€10,505 | -4.3% |
| Equity | 10/15 | €220,622 | €187,451 | -€33,171 | -15.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €208,222 | €175,051 | -€33,171 | -15.9% |
| Tax-exempt reserves | 132 | €391 | €391 | = | 0.0% |
| Distributable reserves | 133 | €207,831 | €174,661 | -€33,171 | -16.0% |
| Amounts payable | 17/49 | €23,199 | €45,865 | +€22,666 | +97.7% |
| Amounts payable after more than one year | 17 | €12,892 | €10,062 | -€2,829 | -21.9% |
| Financial debts | 170/4 | €12,667 | €9,837 | -€2,829 | -22.3% |
| Other amounts payable | 178/9 | €225 | €225 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,307 | €35,803 | +€25,496 | +247.4% |
| Current portion of amounts payable after more than one year | 42 | €2,741 | €2,829 | +€88 | +3.2% |
| Trade debts | 44 | €1,904 | €958 | -€946 | -49.7% |
| Suppliers | 440/4 | €1,904 | €958 | -€946 | -49.7% |
| Taxes, remuneration and social security | 45 | €5,661 | €267 | -€5,394 | -95.3% |
| Taxes | 450/3 | €5,661 | €267 | -€5,394 | -95.3% |
| Other amounts payable | 47/48 | - | €31,748 | +€31,748 | |
| Non-recurring operating income | 76A | €17,777 | €9,636 | -€8,142 | -45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,537 | €6,929 | -€608 | -8.1% |
| Other operating charges | 640/8 | €355 | €683 | +€329 | +92.8% |
| Non-recurring operating charges | 66A | €200 | - | -€200 | |
| Gross operating margin | 9900 | €65,211 | €42,350 | -€22,862 | -35.1% |
| Operating profit (loss) | 9901 | €57,120 | €34,738 | -€22,383 | -39.2% |
| Financial income | 75/76B | €240 | €851 | +€611 | +255.2% |
| Recurring financial income | 75 | €240 | €851 | +€611 | +255.2% |
| Financial charges | 65/66B | €1,054 | €1,290 | +€237 | +22.5% |
| Recurring financial charges | 65 | €1,054 | €1,290 | +€237 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €56,306 | €34,298 | -€22,008 | -39.1% |
| Income taxes | 67/77 | €14,806 | €9,947 | -€4,859 | -32.8% |
| Profit (loss) for the period | 9904 | €41,500 | €24,351 | -€17,149 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,500 | €24,351 | -€17,149 | -41.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.