HET CONCEPT: 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.
HET CONCEPT
Largest movements
- Deferred charges and accrued income +€238,154
up €238,154 (+140.5%), from €169,506 to €407,660
- Reserves +€212,983
up €212,983 (+25.0%), from €850,855 to €1.1m
of which Distributable reserves: +€212,983
- Tax, wage and social debts +€19,188
up €19,188 (+909.2%), from €2,110 to €21,298
- Financial income +€210,908
up €210,908 (+774.1%), from €27,246 to €238,154
- Taxes +€19,188
up €19,188 (+909.2%), from €2,110 to €21,298
- Gross operating margin +€133
up €133 (+4.8%), from -€2,775 to -€2,643
- Other operating charges -€31
down €31 (-2.6%), from €1,187 to €1,156
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 | €965,446 | €1,198,733 | +€233,287 | +24.2% |
| Fixed assets | 21/28 | €153,497 | €153,497 | = | 0.0% |
| Financial fixed assets | 28 | €153,497 | €153,497 | = | 0.0% |
| Current assets | 29/58 | €811,949 | €1,045,236 | +€233,287 | +28.7% |
| Current investments | 50/53 | €217,005 | €217,005 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €425,438 | €420,571 | -€4,867 | -1.1% |
| Deferred charges and accrued income | 490/1 | €169,506 | €407,660 | +€238,154 | +140.5% |
| Total equity and liabilities | 10/49 | €965,446 | €1,198,733 | +€233,287 | +24.2% |
| Equity | 10/15 | €922,377 | €1,135,360 | +€212,983 | +23.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €850,855 | €1,063,839 | +€212,983 | +25.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €848,995 | €1,061,979 | +€212,983 | +25.1% |
| Profit (loss) carried forward | 14 | €52,921 | €52,921 | = | 0.0% |
| Amounts payable | 17/49 | €43,070 | €63,373 | +€20,303 | +47.1% |
| Amounts payable within one year | 42/48 | €42,320 | €62,623 | +€20,303 | +48.0% |
| Financial debts | 43 | €62 | €62 | = | 0.0% |
| Credit institutions | 430/8 | €62 | €62 | = | 0.0% |
| Trade debts | 44 | €760 | €1,977 | +€1,216 | +160.0% |
| Suppliers | 440/4 | €760 | €1,977 | +€1,216 | +160.0% |
| Taxes, remuneration and social security | 45 | €2,110 | €21,298 | +€19,188 | +909.2% |
| Taxes | 450/3 | €2,110 | €21,298 | +€19,188 | +909.2% |
| Other amounts payable | 47/48 | €39,387 | €39,286 | -€101 | -0.3% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Other operating charges | 640/8 | €1,187 | €1,156 | -€31 | -2.6% |
| Gross operating margin | 9900 | -€2,775 | -€2,643 | +€133 | +4.8% |
| Operating profit (loss) | 9901 | -€3,962 | -€3,799 | +€163 | +4.1% |
| Financial income | 75/76B | €27,246 | €238,154 | +€210,908 | +774.1% |
| Recurring financial income | 75 | €27,246 | €238,154 | +€210,908 | +774.1% |
| Financial charges | 65/66B | €69 | €74 | +€5 | +6.5% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €23,215 | €234,282 | +€211,067 | +909.2% |
| Income taxes | 67/77 | €2,110 | €21,298 | +€19,188 | +909.2% |
| Profit (loss) for the period | 9904 | €21,104 | €212,983 | +€191,879 | +909.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,104 | €212,983 | +€191,879 | +909.2% |
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 29 September 2026 via checked.be.