IMPROVE coaching: 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.
IMPROVE coaching
Largest movements
- Tangible fixed assets +€921,376
up €921,376 (+2255.6%), from €40,847 to €962,223
of which Land and buildings: +€919,475
- Cash +€51,659
up €51,659 (+90.5%), from €57,085 to €108,744
mainly Debts after one year (+€827,431) and Other debts (+€98,028)
- Receivables within one year +€42,296
up €42,296 (+176.3%), from €23,988 to €66,285
of which Trade receivables: +€24,921
- Debts after one year +€827,431
new in 2025: €827,431
- Other debts +€98,028
up €98,028 (+570.6%), from €17,181 to €115,209
- Current portion of long-term debt +€39,072
new in 2025: €39,072
- Reserves +€35,972
up €35,972 (+73.8%), from €48,766 to €84,738
- Trade debts +€17,033
up €17,033 (+288.8%), from €5,897 to €22,929
- Gross operating margin +€111,777
up €111,777 (+57.8%), from €193,332 to €305,109
- Staff costs +€84,991
up €84,991 (+68.1%), from €124,769 to €209,760
- Depreciation +€31,251
up €31,251 (+649.7%), from €4,810 to €36,061
- Financial charges +€18,455
up €18,455 (+15952.4%), from €116 to €18,571
- Taxes -€13,326
no longer reported in 2025 (was €13,326)
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 | €123,516 | €1,150,402 | +€1.0m | +831.4% |
| Fixed assets | 21/28 | €40,847 | €964,123 | +€923,276 | +2260.3% |
| Tangible fixed assets | 22/27 | €40,847 | €962,223 | +€921,376 | +2255.6% |
| Land and buildings | 22 | - | €919,475 | +€919,475 | |
| Plant, machinery and equipment | 23 | €40,847 | €42,748 | +€1,900 | +4.7% |
| Financial fixed assets | 28 | - | €1,900 | +€1,900 | |
| Current assets | 29/58 | €82,668 | €186,279 | +€103,611 | +125.3% |
| Amounts receivable within one year | 40/41 | €23,988 | €66,285 | +€42,296 | +176.3% |
| Trade receivables | 40 | €23,988 | €48,909 | +€24,921 | +103.9% |
| Other amounts receivable | 41 | - | €17,375 | +€17,375 | |
| Cash at bank and in hand | 54/58 | €57,085 | €108,744 | +€51,659 | +90.5% |
| Deferred charges and accrued income | 490/1 | €1,595 | €11,250 | +€9,655 | +605.3% |
| Total equity and liabilities | 10/49 | €123,516 | €1,150,402 | +€1.0m | +831.4% |
| Equity | 10/15 | €56,766 | €92,738 | +€35,972 | +63.4% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €48,766 | €84,738 | +€35,972 | +73.8% |
| Distributable reserves | 133 | €48,766 | €84,738 | +€35,972 | +73.8% |
| Amounts payable | 17/49 | €66,750 | €1,057,664 | +€990,914 | +1484.5% |
| Amounts payable after more than one year | 17 | - | €827,431 | +€827,431 | |
| Financial debts | 170/4 | - | €827,431 | +€827,431 | |
| Amounts payable within one year | 42/48 | €60,750 | €227,734 | +€166,984 | +274.9% |
| Current portion of amounts payable after more than one year | 42 | - | €39,072 | +€39,072 | |
| Trade debts | 44 | €5,897 | €22,929 | +€17,033 | +288.8% |
| Suppliers | 440/4 | €5,897 | €22,929 | +€17,033 | +288.8% |
| Taxes, remuneration and social security | 45 | €37,672 | €50,523 | +€12,851 | +34.1% |
| Taxes | 450/3 | €9,180 | €6,709 | -€2,471 | -26.9% |
| Remuneration and social security | 454/9 | €28,492 | €43,814 | +€15,322 | +53.8% |
| Other amounts payable | 47/48 | €17,181 | €115,209 | +€98,028 | +570.6% |
| Accrued charges and deferred income | 492/3 | €6,000 | €2,500 | -€3,500 | -58.3% |
| Remuneration, social security and pensions | 62 | €124,769 | €209,760 | +€84,991 | +68.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,810 | €36,061 | +€31,251 | +649.7% |
| Other operating charges | 640/8 | €1,700 | €5,035 | +€3,335 | +196.1% |
| Gross operating margin | 9900 | €193,332 | €305,109 | +€111,777 | +57.8% |
| Operating profit (loss) | 9901 | €62,052 | €54,253 | -€7,800 | -12.6% |
| Financial income | 75/76B | €155 | €290 | +€135 | +87.3% |
| Recurring financial income | 75 | €155 | €290 | +€135 | +87.3% |
| Financial charges | 65/66B | €116 | €18,571 | +€18,455 | +15952.4% |
| Recurring financial charges | 65 | €116 | €18,571 | +€18,455 | +15952.4% |
| Profit (loss) for the period before taxes | 9903 | €62,092 | €35,972 | -€26,120 | -42.1% |
| Income taxes | 67/77 | €13,326 | - | -€13,326 | |
| Profit (loss) for the period | 9904 | €48,766 | €35,972 | -€12,794 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,766 | €35,972 | -€12,794 | -26.2% |
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 10 October 2026 via checked.be.