GLOBAL TRADITIONAL: 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.
GLOBAL TRADITIONAL
Largest movements
- Tangible fixed assets -€3,835
down €3,835 (-22.8%), from €16,805 to €12,970
- Cash +€1,637
up €1,637 (+19.0%), from €8,602 to €10,239
mainly Depreciation (+€3,835) and Other debts (+€1,405)
- Receivables within one year +€912
up €912 (+100%), from €909 to €1,821
of which Trade receivables: +€1,121
- Trade debts -€1,511
down €1,511 (-44.4%), from €3,403 to €1,892
- Other debts +€1,405
up €1,405 (+8.8%), from €16,015 to €17,420
- Profit (loss) carried forward -€898
down €898 (-22.9%), from €3,918 to €3,020
- Tax, wage and social debts -€282
down €282 (-28.8%), from €980 to €698
- Gross operating margin -€3,256
down €3,256 (-47.1%), from €6,917 to €3,661
- Depreciation +€2,690
up €2,690 (+235%), from €1,145 to €3,835
- Taxes -€980
no longer reported in 2025 (was €980)
- Financial charges -€256
down €256 (-70.7%), from €362 to €106
- Other operating charges +€106
up €106 (+20.7%), from €512 to €618
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
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 | €26,316 | €25,030 | -€1,286 | -4.9% |
| Fixed assets | 21/28 | €16,805 | €12,970 | -€3,835 | -22.8% |
| Tangible fixed assets | 22/27 | €16,805 | €12,970 | -€3,835 | -22.8% |
| Furniture and vehicles | 24 | €16,805 | €12,970 | -€3,835 | -22.8% |
| Current assets | 29/58 | €9,511 | €12,060 | +€2,549 | +26.8% |
| Amounts receivable within one year | 40/41 | €909 | €1,821 | +€912 | +100% |
| Trade receivables | 40 | €700 | €1,821 | +€1,121 | +160% |
| Other amounts receivable | 41 | €209 | - | -€209 | |
| Cash at bank and in hand | 54/58 | €8,602 | €10,239 | +€1,637 | +19.0% |
| Total equity and liabilities | 10/49 | €26,316 | €25,030 | -€1,286 | -4.9% |
| Equity | 10/15 | €5,918 | €5,020 | -€898 | -15.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,918 | €3,020 | -€898 | -22.9% |
| Amounts payable | 17/49 | €20,397 | €20,010 | -€387 | -1.9% |
| Amounts payable within one year | 42/48 | €20,397 | €20,010 | -€387 | -1.9% |
| Trade debts | 44 | €3,403 | €1,892 | -€1,511 | -44.4% |
| Suppliers | 440/4 | €3,403 | €1,892 | -€1,511 | -44.4% |
| Taxes, remuneration and social security | 45 | €980 | €698 | -€282 | -28.8% |
| Taxes | 450/3 | €980 | €698 | -€282 | -28.8% |
| Other amounts payable | 47/48 | €16,015 | €17,420 | +€1,405 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,145 | €3,835 | +€2,690 | +235% |
| Other operating charges | 640/8 | €512 | €618 | +€106 | +20.7% |
| Gross operating margin | 9900 | €6,917 | €3,661 | -€3,256 | -47.1% |
| Operating profit (loss) | 9901 | €5,260 | -€792 | -€6,052 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +60.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +60.0% |
| Financial charges | 65/66B | €362 | €106 | -€256 | -70.7% |
| Recurring financial charges | 65 | €362 | €106 | -€256 | -70.7% |
| Profit (loss) for the period before taxes | 9903 | €4,898 | -€898 | -€5,796 | |
| Income taxes | 67/77 | €980 | - | -€980 | |
| Profit (loss) for the period | 9904 | €3,918 | -€898 | -€4,816 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,918 | -€898 | -€4,816 |
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 29 October 2026 via checked.be.