IN DE ROOT: 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.
IN DE ROOT
Largest movements
- Stocks and contracts -€2,864
down €2,864 (-53.9%), from €5,315 to €2,450
- Tangible fixed assets -€1,951
down €1,951 (-15.8%), from €12,352 to €10,401
of which Plant, machinery and equipment: -€3,232
- Cash -€1,733
down €1,733 (-32.6%), from €5,317 to €3,584
mainly Other debts (-€7,400) and Investment in fixed assets (net) (-€4,033)
- Receivables within one year -€345
down €345 (-12.9%), from €2,670 to €2,326
of which Other amounts receivable: -€312
- Other debts -€7,400
down €7,400 (-37.0%), from €19,987 to €12,587
- Profit (loss) carried forward +€4,255
up €4,255 (+43.0%), from -€9,895 to -€5,640
- Trade debts -€3,416
down €3,416 (-39.0%), from €8,751 to €5,336
- Tax, wage and social debts -€333
down €333 (-18.4%), from €1,811 to €1,478
- Gross operating margin +€7,841
up €7,841 (+110.4%), from €7,104 to €14,945
- Staff costs -€827
down €827 (-18.2%), from €4,542 to €3,715
- Depreciation +€777
up €777 (+14.9%), from €5,207 to €5,984
- Other operating charges +€401
up €401 (+75.1%), from €534 to €935
- Financial income -€184
down €184 (-100.0%), from €184 to €0
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 | €25,654 | €18,760 | -€6,894 | -26.9% |
| Fixed assets | 21/28 | €12,352 | €10,401 | -€1,951 | -15.8% |
| Tangible fixed assets | 22/27 | €12,352 | €10,401 | -€1,951 | -15.8% |
| Land and buildings | 22 | €2,455 | €2,148 | -€307 | -12.5% |
| Plant, machinery and equipment | 23 | €9,178 | €5,946 | -€3,232 | -35.2% |
| Furniture and vehicles | 24 | €720 | €2,307 | +€1,587 | +220.6% |
| Current assets | 29/58 | €13,302 | €8,360 | -€4,942 | -37.2% |
| Stocks and contracts in progress | 3 | €5,315 | €2,450 | -€2,864 | -53.9% |
| Stocks | 30/36 | €5,315 | €2,450 | -€2,864 | -53.9% |
| Amounts receivable within one year | 40/41 | €2,670 | €2,326 | -€345 | -12.9% |
| Trade receivables | 40 | €2,358 | €2,326 | -€33 | -1.4% |
| Other amounts receivable | 41 | €312 | - | -€312 | |
| Cash at bank and in hand | 54/58 | €5,317 | €3,584 | -€1,733 | -32.6% |
| Total equity and liabilities | 10/49 | €25,654 | €18,760 | -€6,894 | -26.9% |
| Equity | 10/15 | -€4,895 | -€640 | +€4,255 | +86.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,895 | -€5,640 | +€4,255 | +43.0% |
| Amounts payable | 17/49 | €30,549 | €19,401 | -€11,149 | -36.5% |
| Amounts payable within one year | 42/48 | €30,549 | €19,401 | -€11,149 | -36.5% |
| Trade debts | 44 | €8,751 | €5,336 | -€3,416 | -39.0% |
| Suppliers | 440/4 | €8,751 | €5,336 | -€3,416 | -39.0% |
| Taxes, remuneration and social security | 45 | €1,811 | €1,478 | -€333 | -18.4% |
| Taxes | 450/3 | €1,811 | €1,478 | -€333 | -18.4% |
| Other amounts payable | 47/48 | €19,987 | €12,587 | -€7,400 | -37.0% |
| Remuneration, social security and pensions | 62 | €4,542 | €3,715 | -€827 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,207 | €5,984 | +€777 | +14.9% |
| Other operating charges | 640/8 | €534 | €935 | +€401 | +75.1% |
| Gross operating margin | 9900 | €7,104 | €14,945 | +€7,841 | +110.4% |
| Operating profit (loss) | 9901 | -€3,180 | €4,310 | +€7,490 | |
| Financial income | 75/76B | €184 | €0 | -€184 | -100.0% |
| Recurring financial income | 75 | €184 | €0 | -€184 | -100.0% |
| Financial charges | 65/66B | €130 | €55 | -€75 | -57.5% |
| Recurring financial charges | 65 | €130 | €55 | -€75 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,126 | €4,255 | +€7,381 | |
| Profit (loss) for the period | 9904 | -€3,126 | €4,255 | +€7,381 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,126 | €4,255 | +€7,381 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.