Injectable: 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.
Injectable
Largest movements
- Cash +€39,084
up €39,084 (+90.8%), from €43,059 to €82,143
mainly Net result for the year (+€43,705) and Tax, wage and social debts (+€2,052)
- Receivables within one year +€7,051
up €7,051 (+59.7%), from €11,815 to €18,866
of which Trade receivables: +€7,047
- Profit (loss) carried forward +€43,705
up €43,705 (+123.3%), from €35,448 to €79,153
- Tax, wage and social debts +€2,052
up €2,052 (+12.6%), from €16,297 to €18,349
of which Taxes: +€2,002
- Gross operating margin +€10,870
up €10,870 (+22.5%), from €48,300 to €59,170
- Other operating charges +€2,232
new in 2025: €2,232
- Taxes +€2,082
up €2,082 (+21.9%), from €9,493 to €11,575
- Depreciation -€889
down €889 (-74.4%), from €1,195 to €306
- Financial charges -€596
down €596 (-27.5%), from €2,167 to €1,570
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 | €57,749 | €103,753 | +€46,004 | +79.7% |
| Fixed assets | 21/28 | €648 | €342 | -€306 | -47.2% |
| Tangible fixed assets | 22/27 | €648 | €342 | -€306 | -47.2% |
| Furniture and vehicles | 24 | €648 | €342 | -€306 | -47.2% |
| Current assets | 29/58 | €57,101 | €103,410 | +€46,310 | +81.1% |
| Amounts receivable within one year | 40/41 | €11,815 | €18,866 | +€7,051 | +59.7% |
| Trade receivables | 40 | €11,815 | €18,861 | +€7,047 | +59.6% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €43,059 | €82,143 | +€39,084 | +90.8% |
| Deferred charges and accrued income | 490/1 | €2,227 | €2,401 | +€175 | +7.9% |
| Total equity and liabilities | 10/49 | €57,749 | €103,753 | +€46,004 | +79.7% |
| Equity | 10/15 | €40,448 | €84,153 | +€43,705 | +108.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,448 | €79,153 | +€43,705 | +123.3% |
| Amounts payable | 17/49 | €17,301 | €19,600 | +€2,299 | +13.3% |
| Amounts payable within one year | 42/48 | €17,194 | €19,328 | +€2,134 | +12.4% |
| Trade debts | 44 | €730 | €200 | -€530 | -72.6% |
| Suppliers | 440/4 | €730 | €200 | -€530 | -72.6% |
| Taxes, remuneration and social security | 45 | €16,297 | €18,349 | +€2,052 | +12.6% |
| Taxes | 450/3 | €15,097 | €17,099 | +€2,002 | +13.3% |
| Remuneration and social security | 454/9 | €1,200 | €1,250 | +€50 | +4.2% |
| Other amounts payable | 47/48 | €167 | €779 | +€612 | +365.4% |
| Accrued charges and deferred income | 492/3 | €107 | €272 | +€165 | +154.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,195 | €306 | -€889 | -74.4% |
| Other operating charges | 640/8 | - | €2,232 | +€2,232 | |
| Gross operating margin | 9900 | €48,300 | €59,170 | +€10,870 | +22.5% |
| Operating profit (loss) | 9901 | €47,105 | €56,632 | +€9,527 | +20.2% |
| Financial income | 75/76B | €2 | €219 | +€217 | +12610.5% |
| Recurring financial income | 75 | €2 | €219 | +€217 | +12610.5% |
| Financial charges | 65/66B | €2,167 | €1,570 | -€596 | -27.5% |
| Recurring financial charges | 65 | €2,167 | €1,570 | -€596 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €44,940 | €55,280 | +€10,340 | +23.0% |
| Income taxes | 67/77 | €9,493 | €11,575 | +€2,082 | +21.9% |
| Profit (loss) for the period | 9904 | €35,448 | €43,705 | +€8,258 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,448 | €43,705 | +€8,258 | +23.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.