haut les coeurs: 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.
haut les coeurs
Largest movements
- Receivables within one year +€6,171
up €6,171 (+45.2%), from €13,661 to €19,832
of which Other amounts receivable: +€5,929
- Cash -€3,877
down €3,877 (-45.5%), from €8,522 to €4,645
mainly Trade debts (-€6,528) and Receivables within one year (-€6,171)
- Tangible fixed assets -€1,365
down €1,365 (-26.9%), from €5,069 to €3,704
- Deferred charges and accrued income +€583
new in 2025: €583
- Profit (loss) carried forward +€9,408
up €9,408 (+311%), from €3,021 to €12,430
- Trade debts -€6,528
down €6,528 (-42.7%), from €15,277 to €8,749
- Other debts -€591
no longer reported in 2025 (was €591)
- Tax, wage and social debts -€479
down €479 (-7.9%), from €6,063 to €5,585
of which Remuneration and social security: -€1,314
- Accrued charges and deferred income -€300
no longer reported in 2025 (was €300)
- Gross operating margin +€8,751
up €8,751 (+167%), from €5,247 to €13,999
- Taxes +€1,512
up €1,512 (+159%), from €949 to €2,460
- Depreciation +€973
up €973 (+248%), from €392 to €1,365
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 | €27,252 | €28,763 | +€1,511 | +5.5% |
| Fixed assets | 21/28 | €5,069 | €3,704 | -€1,365 | -26.9% |
| Tangible fixed assets | 22/27 | €5,069 | €3,704 | -€1,365 | -26.9% |
| Furniture and vehicles | 24 | €5,069 | €3,704 | -€1,365 | -26.9% |
| Current assets | 29/58 | €22,183 | €25,059 | +€2,876 | +13.0% |
| Amounts receivable within one year | 40/41 | €13,661 | €19,832 | +€6,171 | +45.2% |
| Trade receivables | 40 | €13,661 | €13,903 | +€242 | +1.8% |
| Other amounts receivable | 41 | - | €5,929 | +€5,929 | |
| Cash at bank and in hand | 54/58 | €8,522 | €4,645 | -€3,877 | -45.5% |
| Deferred charges and accrued income | 490/1 | - | €583 | +€583 | |
| Total equity and liabilities | 10/49 | €27,252 | €28,763 | +€1,511 | +5.5% |
| Equity | 10/15 | €5,021 | €14,430 | +€9,408 | +187% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,021 | €12,430 | +€9,408 | +311% |
| Amounts payable | 17/49 | €22,231 | €14,333 | -€7,897 | -35.5% |
| Amounts payable within one year | 42/48 | €21,931 | €14,333 | -€7,598 | -34.6% |
| Trade debts | 44 | €15,277 | €8,749 | -€6,528 | -42.7% |
| Suppliers | 440/4 | €15,277 | €8,749 | -€6,528 | -42.7% |
| Taxes, remuneration and social security | 45 | €6,063 | €5,585 | -€479 | -7.9% |
| Taxes | 450/3 | €4,749 | €5,585 | +€836 | +17.6% |
| Remuneration and social security | 454/9 | €1,314 | - | -€1,314 | |
| Other amounts payable | 47/48 | €591 | - | -€591 | |
| Accrued charges and deferred income | 492/3 | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €392 | €1,365 | +€973 | +248% |
| Other operating charges | 640/8 | €680 | €769 | +€89 | +13.1% |
| Gross operating margin | 9900 | €5,247 | €13,999 | +€8,751 | +167% |
| Operating profit (loss) | 9901 | €4,176 | €11,865 | +€7,689 | +184% |
| Financial income | 75/76B | €29 | €153 | +€125 | +437% |
| Recurring financial income | 75 | €29 | €153 | +€125 | +437% |
| Financial charges | 65/66B | €234 | €149 | -€85 | -36.3% |
| Recurring financial charges | 65 | €234 | €149 | -€85 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €3,970 | €11,869 | +€7,899 | +199% |
| Income taxes | 67/77 | €949 | €2,460 | +€1,512 | +159% |
| Profit (loss) for the period | 9904 | €3,021 | €9,408 | +€6,387 | +211% |
| Profit (loss) for the period to be appropriated | 9905 | €3,021 | €9,408 | +€6,387 | +211% |
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 16 October 2026 via checked.be.