HAPPY MONDAY: 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.
HAPPY MONDAY
Largest movements
- Receivables within one year +€26,075
up €26,075 (+41.5%), from €62,816 to €88,891
of which Other amounts receivable: +€15,734
- Cash +€6,462
up €6,462 (+9.8%), from €66,117 to €72,579
mainly Net result for the year (+€55,698) and Other debts (+€36,000)
- Tangible fixed assets -€3,448
down €3,448 (-18.8%), from €18,329 to €14,881
of which Furniture and vehicles: -€2,625
- Deferred charges and accrued income -€2,214
down €2,214 (-36.2%), from €6,124 to €3,910
- Other debts +€36,000
up €36,000 (+240%), from €15,000 to €51,000
- Tax, wage and social debts -€9,253
down €9,253 (-58.5%), from €15,807 to €6,554
of which Taxes: -€14,453
- Reserves +€4,698
up €4,698 (+4.6%), from €102,210 to €106,907
- Debts after one year -€3,387
no longer reported in 2025 (was €3,387)
- Trade debts -€3,010
down €3,010 (-46.2%), from €6,513 to €3,504
- Gross operating margin +€23,296
up €23,296 (+34.0%), from €68,523 to €91,819
- Taxes +€7,121
up €7,121 (+46.4%), from €15,336 to €22,457
- Depreciation -€3,340
down €3,340 (-25.2%), from €13,267 to €9,927
- Other operating charges +€2,354
up €2,354 (+244%), from €965 to €3,318
- Financial income +€1,116
up €1,116 (+90.5%), from €1,232 to €2,348
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 | €153,385 | €180,261 | +€26,876 | +17.5% |
| Fixed assets | 21/28 | €18,329 | €14,881 | -€3,448 | -18.8% |
| Tangible fixed assets | 22/27 | €18,329 | €14,881 | -€3,448 | -18.8% |
| Plant, machinery and equipment | 23 | €823 | - | -€823 | |
| Furniture and vehicles | 24 | €17,506 | €14,881 | -€2,625 | -15.0% |
| Current assets | 29/58 | €135,057 | €165,380 | +€30,324 | +22.5% |
| Amounts receivable within one year | 40/41 | €62,816 | €88,891 | +€26,075 | +41.5% |
| Trade receivables | 40 | €28,365 | €38,707 | +€10,341 | +36.5% |
| Other amounts receivable | 41 | €34,450 | €50,185 | +€15,734 | +45.7% |
| Cash at bank and in hand | 54/58 | €66,117 | €72,579 | +€6,462 | +9.8% |
| Deferred charges and accrued income | 490/1 | €6,124 | €3,910 | -€2,214 | -36.2% |
| Total equity and liabilities | 10/49 | €153,385 | €180,261 | +€26,876 | +17.5% |
| Equity | 10/15 | €108,210 | €112,907 | +€4,698 | +4.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €102,210 | €106,907 | +€4,698 | +4.6% |
| Distributable reserves | 133 | €102,210 | €106,907 | +€4,698 | +4.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €45,176 | €67,354 | +€22,178 | +49.1% |
| Amounts payable after more than one year | 17 | €3,387 | - | -€3,387 | |
| Financial debts | 170/4 | €3,387 | - | -€3,387 | |
| Amounts payable within one year | 42/48 | €41,788 | €67,354 | +€25,566 | +61.2% |
| Current portion of amounts payable after more than one year | 42 | €4,468 | €3,387 | -€1,081 | -24.2% |
| Financial debts | 43 | - | €2,909 | +€2,909 | |
| Credit institutions | 430/8 | - | €2,909 | +€2,909 | |
| Trade debts | 44 | €6,513 | €3,504 | -€3,010 | -46.2% |
| Suppliers | 440/4 | €6,513 | €3,504 | -€3,010 | -46.2% |
| Taxes, remuneration and social security | 45 | €15,807 | €6,554 | -€9,253 | -58.5% |
| Taxes | 450/3 | €15,807 | €1,354 | -€14,453 | -91.4% |
| Remuneration and social security | 454/9 | - | €5,200 | +€5,200 | |
| Other amounts payable | 47/48 | €15,000 | €51,000 | +€36,000 | +240% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,267 | €9,927 | -€3,340 | -25.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,615 | €2,243 | +€628 | +38.9% |
| Other operating charges | 640/8 | €965 | €3,318 | +€2,354 | +244% |
| Gross operating margin | 9900 | €68,523 | €91,819 | +€23,296 | +34.0% |
| Operating profit (loss) | 9901 | €52,677 | €76,331 | +€23,654 | +44.9% |
| Financial income | 75/76B | €1,232 | €2,348 | +€1,116 | +90.5% |
| Recurring financial income | 75 | €1,232 | €2,348 | +€1,116 | +90.5% |
| Financial charges | 65/66B | €343 | €524 | +€181 | +52.8% |
| Recurring financial charges | 65 | €343 | €524 | +€181 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | €53,567 | €78,155 | +€24,589 | +45.9% |
| Income taxes | 67/77 | €15,336 | €22,457 | +€7,121 | +46.4% |
| Profit (loss) for the period | 9904 | €38,231 | €55,698 | +€17,467 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,231 | €55,698 | +€17,467 | +45.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.