IN-FLOW: 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.
IN-FLOW
Largest movements
- Cash +€140,584
up €140,584 (+38.5%), from €365,319 to €505,903
mainly Net result for the year (+€530,632) and Receivables after one year (+€100,661)
- Receivables after one year -€100,661
down €100,661 (-33.2%), from €303,046 to €202,384
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Receivables within one year +€17,250
up €17,250 (+22.6%), from €76,473 to €93,723
of which Trade receivables: +€9,488
- Reserves -€105,959
down €105,959 (-32.9%), from €322,200 to €216,241
- Other debts +€79,296
up €79,296 (+17.4%), from €455,324 to €534,620
- Current portion of long-term debt -€8,688
down €8,688 (-100%), from €8,688 to €0
- Gross operating margin +€12,835
up €12,835 (+1.8%), from €714,746 to €727,581
- Other operating charges +€8,312
up €8,312 (+56.1%), from €14,809 to €23,122
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 | €860,569 | €817,292 | -€43,277 | -5.0% |
| Fixed assets | 21/28 | €9,335 | €9,814 | +€479 | +5.1% |
| Tangible fixed assets | 22/27 | €9,335 | €9,814 | +€479 | +5.1% |
| Furniture and vehicles | 24 | €9,335 | €9,814 | +€479 | +5.1% |
| Current assets | 29/58 | €851,234 | €807,479 | -€43,756 | -5.1% |
| Amounts receivable after more than one year | 29 | €303,046 | €202,384 | -€100,661 | -33.2% |
| Other amounts receivable | 291 | €303,046 | €202,384 | -€100,661 | -33.2% |
| Amounts receivable within one year | 40/41 | €76,473 | €93,723 | +€17,250 | +22.6% |
| Trade receivables | 40 | €76,120 | €85,608 | +€9,488 | +12.5% |
| Other amounts receivable | 41 | €353 | €8,115 | +€7,762 | +2,198% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €365,319 | €505,903 | +€140,584 | +38.5% |
| Deferred charges and accrued income | 490/1 | €6,396 | €5,468 | -€928 | -14.5% |
| Total equity and liabilities | 10/49 | €860,569 | €817,292 | -€43,277 | -5.0% |
| Equity | 10/15 | €340,800 | €234,841 | -€105,959 | -31.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €322,200 | €216,241 | -€105,959 | -32.9% |
| Distributable reserves | 133 | €322,200 | €216,241 | -€105,959 | -32.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €519,769 | €582,451 | +€62,682 | +12.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €519,769 | €582,451 | +€62,682 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €8,688 | €0 | -€8,688 | -100% |
| Financial debts | 43 | €4,093 | €8,731 | +€4,638 | +113% |
| Credit institutions | 430/8 | €4,093 | €8,731 | +€4,638 | +113% |
| Trade debts | 44 | €8,878 | €3,088 | -€5,790 | -65.2% |
| Suppliers | 440/4 | €8,878 | €3,088 | -€5,790 | -65.2% |
| Taxes, remuneration and social security | 45 | €42,787 | €36,012 | -€6,774 | -15.8% |
| Taxes | 450/3 | €42,787 | €36,012 | -€6,774 | -15.8% |
| Other amounts payable | 47/48 | €455,324 | €534,620 | +€79,296 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,889 | €6,666 | +€1,777 | +36.3% |
| Other operating charges | 640/8 | €14,809 | €23,122 | +€8,312 | +56.1% |
| Non-recurring operating charges | 66A | - | €864 | +€864 | |
| Gross operating margin | 9900 | €714,746 | €727,581 | +€12,835 | +1.8% |
| Operating profit (loss) | 9901 | €695,048 | €696,929 | +€1,881 | +0.3% |
| Financial income | 75/76B | €6,144 | €7,540 | +€1,395 | +22.7% |
| Recurring financial income | 75 | €6,144 | €7,540 | +€1,395 | +22.7% |
| Financial charges | 65/66B | €729 | €232 | -€497 | -68.2% |
| Recurring financial charges | 65 | €729 | €232 | -€497 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €700,463 | €704,237 | +€3,774 | +0.5% |
| Income taxes | 67/77 | €172,867 | €173,604 | +€738 | +0.4% |
| Profit (loss) for the period | 9904 | €527,596 | €530,632 | +€3,036 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €527,596 | €530,632 | +€3,036 | +0.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.