GUIDELINES: 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.
GUIDELINES
Largest movements
- Cash -€98,714
down €98,714 (-97.0%), from €101,738 to €3,024
mainly Receivables within one year (-€88,798) and Contributions, distributions and other (-€85,813)
- Receivables within one year +€88,798
up €88,798 (+20185.5%), from €440 to €89,238
of which Other amounts receivable: +€86,752
- Tangible fixed assets -€17,844
down €17,844 (-4.1%), from €430,221 to €412,378
of which Land and buildings: -€17,078
- Profit (loss) carried forward -€149,479
no longer reported in 2025 (was €149,479)
- Reserves +€136,741
up €136,741 (+54.4%), from €251,403 to €388,144
- Debts after one year -€15,925
down €15,925 (-5.7%), from €280,047 to €264,122
- Taxes +€4,654
up €4,654 (+23.5%), from €19,833 to €24,487
- Financial income -€2,292
down €2,292 (-51.2%), from €4,473 to €2,181
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 | €715,908 | €684,218 | -€31,690 | -4.4% |
| Fixed assets | 21/28 | €430,311 | €412,468 | -€17,844 | -4.1% |
| Tangible fixed assets | 22/27 | €430,221 | €412,378 | -€17,844 | -4.1% |
| Land and buildings | 22 | €428,610 | €411,531 | -€17,078 | -4.0% |
| Furniture and vehicles | 24 | €1,612 | €846 | -€765 | -47.5% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €285,597 | €271,750 | -€13,846 | -4.8% |
| Amounts receivable within one year | 40/41 | €440 | €89,238 | +€88,798 | +20185.5% |
| Trade receivables | 40 | - | €2,046 | +€2,046 | |
| Other amounts receivable | 41 | €440 | €87,192 | +€86,752 | +19720.4% |
| Current investments | 50/53 | €182,413 | €178,996 | -€3,417 | -1.9% |
| Cash at bank and in hand | 54/58 | €101,738 | €3,024 | -€98,714 | -97.0% |
| Deferred charges and accrued income | 490/1 | €1,006 | €492 | -€514 | -51.1% |
| Total equity and liabilities | 10/49 | €715,908 | €684,218 | -€31,690 | -4.4% |
| Equity | 10/15 | €413,282 | €400,544 | -€12,737 | -3.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €251,403 | €388,144 | +€136,741 | +54.4% |
| Distributable reserves | 133 | €251,403 | €388,144 | +€136,741 | +54.4% |
| Profit (loss) carried forward | 14 | €149,479 | - | -€149,479 | |
| Amounts payable | 17/49 | €302,627 | €283,674 | -€18,952 | -6.3% |
| Amounts payable after more than one year | 17 | €280,047 | €264,122 | -€15,925 | -5.7% |
| Financial debts | 170/4 | €280,047 | €264,122 | -€15,925 | -5.7% |
| Amounts payable within one year | 42/48 | €22,580 | €19,552 | -€3,028 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €15,747 | €17,243 | +€1,496 | +9.5% |
| Trade debts | 44 | €280 | €585 | +€304 | +108.7% |
| Suppliers | 440/4 | €280 | €585 | +€304 | +108.7% |
| Taxes, remuneration and social security | 45 | €5,826 | €986 | -€4,840 | -83.1% |
| Taxes | 450/3 | €5,826 | €986 | -€4,840 | -83.1% |
| Other amounts payable | 47/48 | €727 | €739 | +€12 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,858 | €17,844 | -€14 | -0.1% |
| Other operating charges | 640/8 | €2,994 | €3,312 | +€318 | +10.6% |
| Gross operating margin | 9900 | €119,015 | €119,885 | +€869 | +0.7% |
| Operating profit (loss) | 9901 | €98,163 | €98,729 | +€565 | +0.6% |
| Financial income | 75/76B | €4,473 | €2,181 | -€2,292 | -51.2% |
| Recurring financial income | 75 | €4,473 | €2,181 | -€2,292 | -51.2% |
| Financial charges | 65/66B | €3,760 | €3,346 | -€413 | -11.0% |
| Recurring financial charges | 65 | €3,760 | €3,346 | -€413 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €98,877 | €97,563 | -€1,313 | -1.3% |
| Income taxes | 67/77 | €19,833 | €24,487 | +€4,654 | +23.5% |
| Profit (loss) for the period | 9904 | €79,044 | €73,076 | -€5,968 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €79,044 | €73,076 | -€5,968 | -7.5% |
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 30 September 2026 via checked.be.