GROUP FLOW: 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.
GROUP FLOW
Largest movements
- Cash -€53,298
down €53,298 (-63.0%), from €84,545 to €31,247
mainly Net result for the year (-€34,065) and Other debts (-€18,205)
- Tangible fixed assets -€11,234
down €11,234 (-61.3%), from €18,332 to €7,098
- Profit (loss) carried forward -€34,065
down €34,065 (-33.8%), from €100,878 to €66,813
- Other debts -€18,205
down €18,205 (-90.0%), from €20,229 to €2,025
- Accrued charges and deferred income -€8,522
down €8,522 (-100.0%), from €8,522 to €0
- Debts after one year -€7,333
down €7,333 (-100.0%), from €7,333 to €0
- Trade debts +€5,433
up €5,433 (+120.0%), from €4,526 to €9,959
- Gross operating margin -€30,631
down €30,631, from €15,466 to -€15,166
- Taxes -€1,584
down €1,584 (-17.6%), from €9,000 to €7,416
- Financial charges -€523
down €523 (-81.6%), from €640 to €118
- Other operating charges -€305
down €305 (-69.8%), from €437 to €132
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 | €159,276 | €94,190 | -€65,087 | -40.9% |
| Fixed assets | 21/28 | €19,046 | €7,812 | -€11,234 | -59.0% |
| Tangible fixed assets | 22/27 | €18,332 | €7,098 | -€11,234 | -61.3% |
| Furniture and vehicles | 24 | €18,332 | €7,098 | -€11,234 | -61.3% |
| Financial fixed assets | 28 | €714 | €714 | = | 0.0% |
| Current assets | 29/58 | €140,231 | €86,378 | -€53,853 | -38.4% |
| Amounts receivable within one year | 40/41 | €50,130 | €49,260 | -€870 | -1.7% |
| Trade receivables | 40 | €30,831 | €31,865 | +€1,034 | +3.4% |
| Other amounts receivable | 41 | €19,299 | €17,395 | -€1,904 | -9.9% |
| Cash at bank and in hand | 54/58 | €84,545 | €31,247 | -€53,298 | -63.0% |
| Deferred charges and accrued income | 490/1 | €5,556 | €5,871 | +€315 | +5.7% |
| Total equity and liabilities | 10/49 | €159,276 | €94,190 | -€65,087 | -40.9% |
| Equity | 10/15 | €108,938 | €74,873 | -€34,065 | -31.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,878 | €66,813 | -€34,065 | -33.8% |
| Amounts payable | 17/49 | €50,338 | €19,317 | -€31,022 | -61.6% |
| Amounts payable after more than one year | 17 | €7,333 | €0 | -€7,333 | -100.0% |
| Financial debts | 170/4 | €7,333 | €0 | -€7,333 | -100.0% |
| Amounts payable within one year | 42/48 | €34,484 | €19,317 | -€15,167 | -44.0% |
| Current portion of amounts payable after more than one year | 42 | €9,728 | €7,333 | -€2,395 | -24.6% |
| Trade debts | 44 | €4,526 | €9,959 | +€5,433 | +120.0% |
| Suppliers | 440/4 | €4,526 | €9,959 | +€5,433 | +120.0% |
| Other amounts payable | 47/48 | €20,229 | €2,025 | -€18,205 | -90.0% |
| Accrued charges and deferred income | 492/3 | €8,522 | €0 | -€8,522 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,234 | €11,234 | -€0 | 0.0% |
| Other operating charges | 640/8 | €437 | €132 | -€305 | -69.8% |
| Gross operating margin | 9900 | €15,466 | -€15,166 | -€30,631 | |
| Operating profit (loss) | 9901 | €3,795 | -€26,532 | -€30,327 | |
| Financial income | 75/76B | €55 | €0 | -€55 | -100.0% |
| Recurring financial income | 75 | €55 | €0 | -€55 | -100.0% |
| Financial charges | 65/66B | €640 | €118 | -€523 | -81.6% |
| Recurring financial charges | 65 | €640 | €118 | -€523 | -81.6% |
| Profit (loss) for the period before taxes | 9903 | €3,210 | -€26,649 | -€29,859 | |
| Income taxes | 67/77 | €9,000 | €7,416 | -€1,584 | -17.6% |
| Profit (loss) for the period | 9904 | -€5,790 | -€34,065 | -€28,275 | -488.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,790 | -€34,065 | -€28,275 | -488.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.