HTML - INT: 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.
HTML - INT
Largest movements
- Receivables within one year +€3,500
new in 2026: €3,500
- Intangible fixed assets -€2,658
down €2,658 (-80.2%), from €3,314 to €655
- Cash +€50
new in 2026: €50
mainly Contributions, distributions and other (+€133,395) and Depreciation (+€2,658)
- Contributions +€133,395
up €133,395 (+476%), from €28,000 to €161,395
- Debts after one year -€125,000
no longer reported in 2026 (was €125,000)
- Other debts -€6,039
down €6,039 (-71.9%), from €8,399 to €2,360
- Reserves -€4,517
down €4,517 (-16.2%), from €27,911 to €23,393
of which Tax-exempt reserves: -€2,658
- Profit (loss) carried forward +€3,038
up €3,038 (+1.6%), from -€186,380 to -€183,343
- Gross operating margin +€4,444
up €4,444, from -€2,850 to €1,594
- Other operating charges +€31
up €31 (+8.0%), from €384 to €415
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,314 | €4,205 | +€892 | +26.9% |
| Fixed assets | 21/28 | €3,314 | €655 | -€2,658 | -80.2% |
| Intangible fixed assets | 21 | €3,314 | €655 | -€2,658 | -80.2% |
| Current assets | 29/58 | - | €3,550 | +€3,550 | |
| Amounts receivable within one year | 40/41 | - | €3,500 | +€3,500 | |
| Trade receivables | 40 | - | €3,500 | +€3,500 | |
| Cash at bank and in hand | 54/58 | - | €50 | +€50 | |
| Total equity and liabilities | 10/49 | €3,314 | €4,205 | +€892 | +26.9% |
| Equity | 10/15 | -€130,470 | €1,446 | +€131,915 | |
| Contributions | 10/11 | €28,000 | €161,395 | +€133,395 | +476% |
| Reserves | 13 | €27,911 | €23,393 | -€4,517 | -16.2% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €26,051 | €23,393 | -€2,658 | -10.2% |
| Profit (loss) carried forward | 14 | -€186,380 | -€183,343 | +€3,038 | +1.6% |
| Amounts payable | 17/49 | €133,783 | €2,760 | -€131,024 | -97.9% |
| Amounts payable after more than one year | 17 | €125,000 | - | -€125,000 | |
| Other amounts payable | 178/9 | €125,000 | - | -€125,000 | |
| Amounts payable within one year | 42/48 | €8,783 | €2,760 | -€6,024 | -68.6% |
| Trade debts | 44 | €384 | €400 | +€15 | +4.0% |
| Suppliers | 440/4 | €384 | €400 | +€15 | +4.0% |
| Other amounts payable | 47/48 | €8,399 | €2,360 | -€6,039 | -71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,658 | €2,658 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €415 | +€31 | +8.0% |
| Gross operating margin | 9900 | -€2,850 | €1,594 | +€4,444 | |
| Operating profit (loss) | 9901 | -€5,893 | -€1,480 | +€4,413 | +74.9% |
| Financial charges | 65/66B | €10 | €0 | -€10 | -98.5% |
| Recurring financial charges | 65 | €10 | €0 | -€10 | -98.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,903 | -€1,480 | +€4,423 | +74.9% |
| Profit (loss) for the period | 9904 | -€5,903 | -€1,480 | +€4,423 | +74.9% |
| Transfer from tax-exempt reserves | 789 | €2,658 | €2,658 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,245 | €1,178 | +€4,423 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.