In Town: 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 Town
Largest movements
- Receivables within one year -€19,658
down €19,658 (-42.7%), from €46,014 to €26,357
- Cash -€8,368
down €8,368 (-5.0%), from €166,367 to €157,999
mainly Investment in fixed assets (net) (-€48,966) and Net result for the year (-€23,832)
- Profit (loss) carried forward -€23,832
down €23,832 (-6.8%), from €350,260 to €326,428
- Trade debts +€23,000
up €23,000 (+1,009%), from €2,280 to €25,280
- Tax, wage and social debts -€17,480
no longer reported in 2025 (was €17,480)
- Debts after one year -€8,021
down €8,021 (-10.5%), from €76,388 to €68,367
of which Financial debts: -€8,021
- Gross operating margin -€130,177
down €130,177 (-49.5%), from €262,789 to €132,612
- Taxes -€37,480
no longer reported in 2025 (was €37,480)
- Financial charges +€3,429
up €3,429 (+197%), from €1,738 to €5,166
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 | €711,740 | €683,894 | -€27,846 | -3.9% |
| Fixed assets | 21/28 | €497,190 | €497,257 | +€67 | 0.0% |
| Tangible fixed assets | 22/27 | €496,942 | €497,009 | +€67 | 0.0% |
| Land and buildings | 22 | €494,422 | €496,316 | +€1,894 | +0.4% |
| Furniture and vehicles | 24 | €2,520 | €693 | -€1,827 | -72.5% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €214,551 | €186,637 | -€27,914 | -13.0% |
| Amounts receivable within one year | 40/41 | €46,014 | €26,357 | -€19,658 | -42.7% |
| Trade receivables | 40 | €46,014 | €26,357 | -€19,658 | -42.7% |
| Cash at bank and in hand | 54/58 | €166,367 | €157,999 | -€8,368 | -5.0% |
| Deferred charges and accrued income | 490/1 | €2,170 | €2,281 | +€112 | +5.1% |
| Total equity and liabilities | 10/49 | €711,740 | €683,894 | -€27,846 | -3.9% |
| Equity | 10/15 | €600,154 | €576,322 | -€23,832 | -4.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €187,894 | €187,894 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €181,694 | €181,694 | = | 0.0% |
| Profit (loss) carried forward | 14 | €350,260 | €326,428 | -€23,832 | -6.8% |
| Amounts payable | 17/49 | €111,586 | €107,572 | -€4,015 | -3.6% |
| Amounts payable after more than one year | 17 | €76,388 | €68,367 | -€8,021 | -10.5% |
| Financial debts | 170/4 | €68,951 | €60,930 | -€8,021 | -11.6% |
| Other amounts payable | 178/9 | €7,437 | €7,437 | = | 0.0% |
| Amounts payable within one year | 42/48 | €35,199 | €39,205 | +€4,007 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €11,000 | €9,467 | -€1,533 | -13.9% |
| Trade debts | 44 | €2,280 | €25,280 | +€23,000 | +1,009% |
| Suppliers | 440/4 | €2,280 | €25,280 | +€23,000 | +1,009% |
| Taxes, remuneration and social security | 45 | €17,480 | - | -€17,480 | |
| Taxes | 450/3 | €17,480 | - | -€17,480 | |
| Other amounts payable | 47/48 | €4,438 | €4,458 | +€20 | +0.5% |
| Non-recurring operating income | 76A | €58,355 | - | -€58,355 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,476 | €48,899 | +€2,422 | +5.2% |
| Other operating charges | 640/8 | €102,587 | €102,391 | -€197 | -0.2% |
| Gross operating margin | 9900 | €262,789 | €132,612 | -€130,177 | -49.5% |
| Operating profit (loss) | 9901 | €113,726 | -€18,678 | -€132,403 | |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €1,738 | €5,166 | +€3,429 | +197% |
| Recurring financial charges | 65 | €1,738 | €5,166 | +€3,429 | +197% |
| Profit (loss) for the period before taxes | 9903 | €111,988 | -€23,832 | -€135,820 | |
| Income taxes | 67/77 | €37,480 | - | -€37,480 | |
| Profit (loss) for the period | 9904 | €74,508 | -€23,832 | -€98,340 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,508 | -€23,832 | -€98,340 |
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 20 October 2026 via checked.be.