GLOBAL ABC: 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.
GLOBAL ABC
Largest movements
- Receivables within one year -€126,667
down €126,667 (-81.4%), from €155,704 to €29,038
of which Other amounts receivable: -€129,462
- Cash +€14,822
up €14,822 (+13.2%), from €112,580 to €127,402
mainly Receivables within one year (+€126,667) and Net result for the year (+€79,484)
- Other debts -€142,756
down €142,756 (-72.5%), from €196,779 to €54,023
- Trade debts +€28,656
up €28,656 (+2336.7%), from €1,226 to €29,882
- Tax, wage and social debts -€26,020
down €26,020 (-62.6%), from €41,549 to €15,529
of which Taxes: -€21,914
- Reserves +€25,000
up €25,000 (+3.7%), from €672,400 to €697,400
of which Distributable reserves: +€25,000
- Financial income -€252,411
down €252,411 (-90.6%), from €278,640 to €26,229
- Taxes -€25,025
down €25,025 (-52.6%), from €47,539 to €22,514
- Gross operating margin -€3,869
down €3,869 (-4.7%), from €82,528 to €78,659
- Depreciation -€2,817
down €2,817 (-78.1%), from €3,609 to €792
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 | €1,447,805 | €1,335,169 | -€112,637 | -7.8% |
| Fixed assets | 21/28 | €1,179,521 | €1,178,729 | -€792 | -0.1% |
| Tangible fixed assets | 22/27 | €3,361 | €2,569 | -€792 | -23.6% |
| Furniture and vehicles | 24 | €3,361 | €2,569 | -€792 | -23.6% |
| Financial fixed assets | 28 | €1,176,161 | €1,176,161 | = | 0.0% |
| Current assets | 29/58 | €268,284 | €156,439 | -€111,845 | -41.7% |
| Amounts receivable within one year | 40/41 | €155,704 | €29,038 | -€126,667 | -81.4% |
| Trade receivables | 40 | €5,187 | €7,982 | +€2,795 | +53.9% |
| Other amounts receivable | 41 | €150,517 | €21,055 | -€129,462 | -86.0% |
| Cash at bank and in hand | 54/58 | €112,580 | €127,402 | +€14,822 | +13.2% |
| Total equity and liabilities | 10/49 | €1,447,805 | €1,335,169 | -€112,637 | -7.8% |
| Equity | 10/15 | €1,208,251 | €1,233,735 | +€25,484 | +2.1% |
| Contributions | 10/11 | €404,000 | €404,000 | = | 0.0% |
| Capital | 10 | €404,000 | €404,000 | = | 0.0% |
| Issued capital | 100 | €404,000 | €404,000 | = | 0.0% |
| Reserves | 13 | €672,400 | €697,400 | +€25,000 | +3.7% |
| Non-distributable reserves | 130/1 | €60,400 | €60,400 | = | 0.0% |
| Legal reserve | 130 | €60,400 | €60,400 | = | 0.0% |
| Distributable reserves | 133 | €612,000 | €637,000 | +€25,000 | +4.1% |
| Profit (loss) carried forward | 14 | €131,851 | €132,335 | +€484 | +0.4% |
| Amounts payable | 17/49 | €239,555 | €101,434 | -€138,121 | -57.7% |
| Amounts payable within one year | 42/48 | €239,555 | €99,434 | -€140,121 | -58.5% |
| Trade debts | 44 | €1,226 | €29,882 | +€28,656 | +2336.7% |
| Suppliers | 440/4 | €1,226 | €29,882 | +€28,656 | +2336.7% |
| Taxes, remuneration and social security | 45 | €41,549 | €15,529 | -€26,020 | -62.6% |
| Taxes | 450/3 | €37,443 | €15,529 | -€21,914 | -58.5% |
| Remuneration and social security | 454/9 | €4,107 | - | -€4,107 | |
| Other amounts payable | 47/48 | €196,779 | €54,023 | -€142,756 | -72.5% |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,609 | €792 | -€2,817 | -78.1% |
| Other operating charges | 640/8 | €1,948 | €2,012 | +€64 | +3.3% |
| Gross operating margin | 9900 | €82,528 | €78,659 | -€3,869 | -4.7% |
| Operating profit (loss) | 9901 | €76,971 | €75,856 | -€1,115 | -1.4% |
| Financial income | 75/76B | €278,640 | €26,229 | -€252,411 | -90.6% |
| Recurring financial income | 75 | €278,640 | €26,229 | -€252,411 | -90.6% |
| Financial charges | 65/66B | €119 | €87 | -€32 | -27.0% |
| Recurring financial charges | 65 | €119 | €87 | -€32 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €355,492 | €101,998 | -€253,494 | -71.3% |
| Income taxes | 67/77 | €47,539 | €22,514 | -€25,025 | -52.6% |
| Profit (loss) for the period | 9904 | €307,953 | €79,484 | -€228,469 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €307,953 | €79,484 | -€228,469 | -74.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.