Grimoire: 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.
Grimoire
Largest movements
- Tangible fixed assets -€8,147
down €8,147 (-23.7%), from €34,392 to €26,245
of which Furniture and vehicles: -€33,862
- Cash -€7,628
down €7,628 (-30.6%), from €24,895 to €17,267
mainly Tax, wage and social debts (-€10,657) and Debts after one year (-€9,511)
- Tax, wage and social debts -€10,657
down €10,657 (-85.2%), from €12,508 to €1,852
of which Taxes: -€7,665
- Reserves +€10,076
up €10,076 (+52.2%), from €19,304 to €29,380
- Debts after one year -€9,511
down €9,511 (-46.9%), from €20,277 to €10,766
- Other debts -€4,431
down €4,431 (-84.5%), from €5,246 to €815
- Trade debts -€836
down €836 (-90.3%), from €926 to €90
- Gross operating margin -€16,887
down €16,887 (-40.2%), from €42,048 to €25,162
- Taxes -€3,465
down €3,465 (-43.8%), from €7,907 to €4,441
- Depreciation -€2,967
down €2,967 (-26.7%), from €11,114 to €8,147
- Financial charges -€1,053
down €1,053 (-42.6%), from €2,473 to €1,420
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 | €71,940 | €56,801 | -€15,139 | -21.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €34,392 | €26,245 | -€8,147 | -23.7% |
| Tangible fixed assets | 22/27 | €34,392 | €26,245 | -€8,147 | -23.7% |
| Furniture and vehicles | 24 | €34,392 | €530 | -€33,862 | -98.5% |
| Leasing and similar rights | 25 | - | €25,715 | +€25,715 | |
| Current assets | 29/58 | €37,547 | €30,556 | -€6,992 | -18.6% |
| Amounts receivable within one year | 40/41 | €10,687 | €11,123 | +€436 | +4.1% |
| Trade receivables | 40 | €10,104 | €10,564 | +€461 | +4.6% |
| Other amounts receivable | 41 | €584 | €559 | -€25 | -4.2% |
| Cash at bank and in hand | 54/58 | €24,895 | €17,267 | -€7,628 | -30.6% |
| Deferred charges and accrued income | 490/1 | €1,965 | €2,166 | +€201 | +10.2% |
| Total equity and liabilities | 10/49 | €71,940 | €56,801 | -€15,139 | -21.0% |
| Equity | 10/15 | €23,304 | €33,380 | +€10,076 | +43.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €19,304 | €29,380 | +€10,076 | +52.2% |
| Distributable reserves | 133 | €19,304 | €29,380 | +€10,076 | +52.2% |
| Amounts payable | 17/49 | €48,636 | €23,421 | -€25,215 | -51.8% |
| Amounts payable after more than one year | 17 | €20,277 | €10,766 | -€9,511 | -46.9% |
| Financial debts | 170/4 | €20,277 | €10,766 | -€9,511 | -46.9% |
| Amounts payable within one year | 42/48 | €27,741 | €12,268 | -€15,473 | -55.8% |
| Current portion of amounts payable after more than one year | 42 | €9,061 | €9,511 | +€450 | +5.0% |
| Trade debts | 44 | €926 | €90 | -€836 | -90.3% |
| Suppliers | 440/4 | €926 | €90 | -€836 | -90.3% |
| Taxes, remuneration and social security | 45 | €12,508 | €1,852 | -€10,657 | -85.2% |
| Taxes | 450/3 | €9,516 | €1,852 | -€7,665 | -80.5% |
| Remuneration and social security | 454/9 | €2,992 | - | -€2,992 | |
| Other amounts payable | 47/48 | €5,246 | €815 | -€4,431 | -84.5% |
| Accrued charges and deferred income | 492/3 | €618 | €388 | -€230 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,114 | €8,147 | -€2,967 | -26.7% |
| Other operating charges | 640/8 | €1,255 | €1,077 | -€178 | -14.2% |
| Gross operating margin | 9900 | €42,048 | €25,162 | -€16,887 | -40.2% |
| Operating profit (loss) | 9901 | €29,679 | €15,937 | -€13,742 | -46.3% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €2,473 | €1,420 | -€1,053 | -42.6% |
| Recurring financial charges | 65 | €2,473 | €1,420 | -€1,053 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €27,210 | €14,518 | -€12,693 | -46.6% |
| Income taxes | 67/77 | €7,907 | €4,441 | -€3,465 | -43.8% |
| Profit (loss) for the period | 9904 | €19,304 | €10,076 | -€9,227 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,304 | €10,076 | -€9,227 | -47.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.