INBETWEEN: 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.
INBETWEEN
Largest movements
- Receivables within one year -€10,437
down €10,437 (-60.1%), from €17,360 to €6,923
of which Trade receivables: -€9,574
- Cash -€6,793
no longer reported in 2025 (was €6,793)
mainly Net result for the year (-€12,484) and Trade debts (-€7,007)
- Tangible fixed assets -€3,126
down €3,126 (-9.5%), from €32,895 to €29,769
of which Land and buildings: -€2,778
- Profit (loss) carried forward -€12,484
down €12,484 (-10.0%), from -€125,242 to -€137,726
- Trade debts -€7,007
down €7,007 (-64.9%), from €10,797 to €3,790
- Tax, wage and social debts -€2,180
down €2,180 (-99.2%), from €2,197 to €17
- Short-term financial debts +€1,487
new in 2025: €1,487
- Gross operating margin -€12,354
down €12,354, from €11,280 to -€1,074
- Other operating charges +€5,437
up €5,437 (+308.0%), from €1,765 to €7,202
- Financial charges -€251
down €251 (-18.1%), from €1,388 to €1,137
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 | €57,618 | €37,262 | -€20,356 | -35.3% |
| Fixed assets | 21/28 | €33,465 | €30,339 | -€3,126 | -9.3% |
| Tangible fixed assets | 22/27 | €32,895 | €29,769 | -€3,126 | -9.5% |
| Land and buildings | 22 | €31,379 | €28,601 | -€2,778 | -8.9% |
| Furniture and vehicles | 24 | €1,516 | €1,168 | -€348 | -23.0% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €24,153 | €6,923 | -€17,230 | -71.3% |
| Amounts receivable within one year | 40/41 | €17,360 | €6,923 | -€10,437 | -60.1% |
| Trade receivables | 40 | €15,620 | €6,046 | -€9,574 | -61.3% |
| Other amounts receivable | 41 | €1,740 | €877 | -€863 | -49.6% |
| Cash at bank and in hand | 54/58 | €6,793 | - | -€6,793 | |
| Total equity and liabilities | 10/49 | €57,618 | €37,262 | -€20,356 | -35.3% |
| Equity | 10/15 | -€5,460 | -€17,944 | -€12,484 | -228.6% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €1,182 | €1,182 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,182 | €1,182 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,182 | €1,182 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,242 | -€137,726 | -€12,484 | -10.0% |
| Amounts payable | 17/49 | €63,078 | €55,206 | -€7,872 | -12.5% |
| Amounts payable within one year | 42/48 | €63,078 | €55,206 | -€7,872 | -12.5% |
| Financial debts | 43 | - | €1,487 | +€1,487 | |
| Credit institutions | 430/8 | - | €1,487 | +€1,487 | |
| Trade debts | 44 | €10,797 | €3,790 | -€7,007 | -64.9% |
| Suppliers | 440/4 | €10,797 | €3,790 | -€7,007 | -64.9% |
| Taxes, remuneration and social security | 45 | €2,197 | €17 | -€2,180 | -99.2% |
| Taxes | 450/3 | €2,197 | €17 | -€2,180 | -99.2% |
| Other amounts payable | 47/48 | €50,084 | €49,912 | -€172 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,030 | €3,126 | +€96 | +3.2% |
| Other operating charges | 640/8 | €1,765 | €7,202 | +€5,437 | +308.0% |
| Gross operating margin | 9900 | €11,280 | -€1,074 | -€12,354 | |
| Operating profit (loss) | 9901 | €6,485 | -€11,402 | -€17,887 | |
| Financial income | 75/76B | €29 | €55 | +€26 | +89.7% |
| Recurring financial income | 75 | €29 | €55 | +€26 | +89.7% |
| Financial charges | 65/66B | €1,388 | €1,137 | -€251 | -18.1% |
| Recurring financial charges | 65 | €1,388 | €1,137 | -€251 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €5,126 | -€12,484 | -€17,610 | |
| Profit (loss) for the period | 9904 | €5,126 | -€12,484 | -€17,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,126 | -€12,484 | -€17,610 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.