I&L: 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.
I&L
Largest movements
- Stocks and contracts +€8,054
new in 2025: €8,054
- Tangible fixed assets +€6,927
new in 2025: €6,927
- Receivables within one year +€3,921
up €3,921 (+93.9%), from €4,174 to €8,096
of which Trade receivables: +€4,530
- Cash +€3,654
up €3,654 (+213%), from €1,712 to €5,366
mainly Trade debts (+€15,272) and Other debts (+€4,517)
- Trade debts +€15,272
up €15,272 (+582%), from €2,626 to €17,898
- Other debts +€4,517
new in 2025: €4,517
- Profit (loss) carried forward +€2,917
up €2,917 (+79.2%), from -€3,683 to -€766
- Gross operating margin +€6,784
up €6,784 (+4,534%), from €150 to €6,934
- Depreciation +€3,323
new in 2025: €3,323
- Other operating charges +€410
up €410 (+261%), from €157 to €568
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 | €5,887 | €28,592 | +€22,706 | +386% |
| Fixed assets | 21/28 | - | €6,927 | +€6,927 | |
| Tangible fixed assets | 22/27 | - | €6,927 | +€6,927 | |
| Furniture and vehicles | 24 | - | €6,927 | +€6,927 | |
| Current assets | 29/58 | €5,887 | €21,666 | +€15,779 | +268% |
| Stocks and contracts in progress | 3 | - | €8,054 | +€8,054 | |
| Stocks | 30/36 | - | €8,054 | +€8,054 | |
| Amounts receivable within one year | 40/41 | €4,174 | €8,096 | +€3,921 | +93.9% |
| Trade receivables | 40 | €138 | €4,668 | +€4,530 | +3,279% |
| Other amounts receivable | 41 | €4,036 | €3,427 | -€609 | -15.1% |
| Cash at bank and in hand | 54/58 | €1,712 | €5,366 | +€3,654 | +213% |
| Deferred charges and accrued income | 490/1 | - | €150 | +€150 | |
| Total equity and liabilities | 10/49 | €5,887 | €28,592 | +€22,706 | +386% |
| Equity | 10/15 | €3,261 | €6,177 | +€2,917 | +89.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €744 | €744 | = | 0.0% |
| Non-distributable reserves | 130/1 | €744 | €744 | = | 0.0% |
| Reserves not available under the articles | 1311 | €744 | €744 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,683 | -€766 | +€2,917 | +79.2% |
| Amounts payable | 17/49 | €2,626 | €22,415 | +€19,789 | +754% |
| Amounts payable within one year | 42/48 | €2,626 | €22,415 | +€19,789 | +754% |
| Trade debts | 44 | €2,626 | €17,898 | +€15,272 | +582% |
| Suppliers | 440/4 | €2,626 | €17,898 | +€15,272 | +582% |
| Other amounts payable | 47/48 | - | €4,517 | +€4,517 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,323 | +€3,323 | |
| Other operating charges | 640/8 | €157 | €568 | +€410 | +261% |
| Gross operating margin | 9900 | €150 | €6,934 | +€6,784 | +4,534% |
| Operating profit (loss) | 9901 | -€8 | €3,043 | +€3,051 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €122 | €100 | -€22 | -18.1% |
| Recurring financial charges | 65 | €122 | €100 | -€22 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€130 | €2,947 | +€3,077 | |
| Profit (loss) for the period | 9904 | -€130 | €2,947 | +€3,077 | |
| Profit (loss) for the period to be appropriated | 9905 | -€130 | €2,947 | +€3,077 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.