HET VIJFDE VERSCHIET: 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.
HET VIJFDE VERSCHIET
Largest movements
- Tangible fixed assets -€2,600
down €2,600 (-2.2%), from €117,543 to €114,943
- Debts after one year -€5,696
down €5,696 (-79.4%), from €7,172 to €1,476
- Other debts +€2,150
up €2,150 (+8.9%), from €24,190 to €26,340
- Accrued charges and deferred income +€1,989
new in 2025: €1,989
- Gross operating margin -€702
down €702 (-11.7%), from €6,007 to €5,305
- Financial charges -€295
down €295 (-23.6%), from €1,249 to €955
- Other operating charges +€68
up €68 (+3.1%), from €2,215 to €2,284
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 | €120,396 | €118,889 | -€1,507 | -1.3% |
| Fixed assets | 21/28 | €117,543 | €114,943 | -€2,600 | -2.2% |
| Tangible fixed assets | 22/27 | €117,543 | €114,943 | -€2,600 | -2.2% |
| Land and buildings | 22 | €117,543 | €114,943 | -€2,600 | -2.2% |
| Current assets | 29/58 | €2,852 | €3,945 | +€1,093 | +38.3% |
| Cash at bank and in hand | 54/58 | €1,973 | €3,030 | +€1,057 | +53.6% |
| Deferred charges and accrued income | 490/1 | €880 | €915 | +€36 | +4.1% |
| Total equity and liabilities | 10/49 | €120,396 | €118,889 | -€1,507 | -1.3% |
| Equity | 10/15 | €52,503 | €51,969 | -€534 | -1.0% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,497 | -€63,031 | -€534 | -0.9% |
| Amounts payable | 17/49 | €67,893 | €66,920 | -€973 | -1.4% |
| Amounts payable after more than one year | 17 | €7,172 | €1,476 | -€5,696 | -79.4% |
| Financial debts | 170/4 | €7,172 | €1,476 | -€5,696 | -79.4% |
| Amounts payable within one year | 42/48 | €60,721 | €63,455 | +€2,734 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €5,381 | €5,696 | +€315 | +5.9% |
| Financial debts | 43 | €30,255 | €30,520 | +€265 | +0.9% |
| Other loans | 439 | €30,255 | €30,520 | +€265 | +0.9% |
| Trade debts | 44 | €895 | €898 | +€3 | +0.3% |
| Suppliers | 440/4 | €895 | €898 | +€3 | +0.3% |
| Other amounts payable | 47/48 | €24,190 | €26,340 | +€2,150 | +8.9% |
| Accrued charges and deferred income | 492/3 | - | €1,989 | +€1,989 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,600 | €2,600 | = | 0.0% |
| Other operating charges | 640/8 | €2,215 | €2,284 | +€68 | +3.1% |
| Gross operating margin | 9900 | €6,007 | €5,305 | -€702 | -11.7% |
| Operating profit (loss) | 9901 | €1,192 | €421 | -€771 | -64.7% |
| Financial charges | 65/66B | €1,249 | €955 | -€295 | -23.6% |
| Recurring financial charges | 65 | €1,249 | €955 | -€295 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | -€58 | -€534 | -€476 | -822% |
| Profit (loss) for the period | 9904 | -€58 | -€534 | -€476 | -822% |
| Profit (loss) for the period to be appropriated | 9905 | -€58 | -€534 | -€476 | -822% |
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 28 October 2026 via checked.be.