INDEPENDENT EVENTS: 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.
INDEPENDENT EVENTS
Largest movements
- Cash +€81,355
up €81,355 (+299.7%), from €27,143 to €108,498
mainly Other debts (+€80,000) and Net result for the year (+€57,798)
- Tangible fixed assets -€26,407
down €26,407 (-43.2%), from €61,151 to €34,744
of which Furniture and vehicles: -€22,747
- Receivables within one year +€21,328
up €21,328 (+61.0%), from €34,950 to €56,277
of which Trade receivables: +€39,795
- Other debts +€80,000
up €80,000 (+173.9%), from €46,000 to €126,000
- Tax, wage and social debts +€25,643
up €25,643 (+527.9%), from €4,857 to €30,500
- Profit (loss) carried forward -€22,202
down €22,202 (-14.2%), from €156,130 to €133,928
- Trade debts -€7,665
down €7,665 (-48.9%), from €15,691 to €8,026
- Gross operating margin +€69,593
up €69,593 (+287.0%), from €24,251 to €93,844
- Taxes +€18,575
up €18,575 (+373.8%), from €4,970 to €23,545
- Depreciation -€6,944
down €6,944 (-43.7%), from €15,882 to €8,938
- Financial income +€2,068
up €2,068 (+199.6%), from €1,036 to €3,104
- Financial charges +€1,623
up €1,623 (+264.8%), from €613 to €2,236
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 | €243,139 | €318,914 | +€75,776 | +31.2% |
| Fixed assets | 21/28 | €180,546 | €154,139 | -€26,407 | -14.6% |
| Tangible fixed assets | 22/27 | €61,151 | €34,744 | -€26,407 | -43.2% |
| Furniture and vehicles | 24 | €40,285 | €17,538 | -€22,747 | -56.5% |
| Other tangible fixed assets | 26 | €20,865 | €17,206 | -€3,660 | -17.5% |
| Financial fixed assets | 28 | €119,395 | €119,395 | = | 0.0% |
| Current assets | 29/58 | €62,593 | €164,775 | +€102,183 | +163.3% |
| Amounts receivable within one year | 40/41 | €34,950 | €56,277 | +€21,328 | +61.0% |
| Trade receivables | 40 | €4,646 | €44,441 | +€39,795 | +856.5% |
| Other amounts receivable | 41 | €30,304 | €11,836 | -€18,468 | -60.9% |
| Cash at bank and in hand | 54/58 | €27,143 | €108,498 | +€81,355 | +299.7% |
| Deferred charges and accrued income | 490/1 | €500 | €0 | -€500 | -100.0% |
| Total equity and liabilities | 10/49 | €243,139 | €318,914 | +€75,776 | +31.2% |
| Equity | 10/15 | €176,590 | €154,388 | -€22,202 | -12.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,130 | €133,928 | -€22,202 | -14.2% |
| Amounts payable | 17/49 | €66,549 | €164,526 | +€97,977 | +147.2% |
| Amounts payable within one year | 42/48 | €66,549 | €164,526 | +€97,977 | +147.2% |
| Trade debts | 44 | €15,691 | €8,026 | -€7,665 | -48.9% |
| Suppliers | 440/4 | €15,691 | €8,026 | -€7,665 | -48.9% |
| Taxes, remuneration and social security | 45 | €4,857 | €30,500 | +€25,643 | +527.9% |
| Taxes | 450/3 | €4,857 | €30,500 | +€25,643 | +527.9% |
| Other amounts payable | 47/48 | €46,000 | €126,000 | +€80,000 | +173.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,882 | €8,938 | -€6,944 | -43.7% |
| Other operating charges | 640/8 | €979 | €384 | -€595 | -60.8% |
| Non-recurring operating charges | 66A | - | €4,047 | +€4,047 | |
| Gross operating margin | 9900 | €24,251 | €93,844 | +€69,593 | +287.0% |
| Operating profit (loss) | 9901 | €7,390 | €80,476 | +€73,086 | +988.9% |
| Financial income | 75/76B | €1,036 | €3,104 | +€2,068 | +199.6% |
| Recurring financial income | 75 | €1,036 | €3,104 | +€2,068 | +199.6% |
| Financial charges | 65/66B | €613 | €2,236 | +€1,623 | +264.8% |
| Recurring financial charges | 65 | €613 | €2,236 | +€1,623 | +264.8% |
| Profit (loss) for the period before taxes | 9903 | €7,813 | €81,343 | +€73,530 | +941.1% |
| Income taxes | 67/77 | €4,970 | €23,545 | +€18,575 | +373.8% |
| Profit (loss) for the period | 9904 | €2,843 | €57,798 | +€54,955 | +1932.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,843 | €57,798 | +€54,955 | +1932.7% |
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 4 October 2026 via checked.be.