INSIDE: 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.
INSIDE
Largest movements
- Current investments -€500,000
no longer reported in 2025 (was €500,000)
- Cash +€491,255
up €491,255 (+416.2%), from €118,035 to €609,290
mainly Current investments (+€500,000) and Trade debts (+€26,048)
- Provisions -€50,000
no longer reported in 2025 (was €50,000)
- Trade debts +€26,048
up €26,048 (+1258.0%), from €2,071 to €28,118
- Reserves +€14,272
up €14,272 (+2.6%), from €555,345 to €569,617
- Gross operating margin -€203,103
down €203,103, from €170,374 to -€32,729
- Provisions -€50,000
new in 2025: -€50,000
- Taxes -€46,889
down €46,889 (-86.5%), from €54,187 to €7,299
- Financial income +€4,877
new in 2025: €4,877
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 | €633,990 | €624,266 | -€9,724 | -1.5% |
| Current assets | 29/58 | €633,990 | €624,266 | -€9,724 | -1.5% |
| Amounts receivable within one year | 40/41 | €5,030 | €4,051 | -€979 | -19.5% |
| Other amounts receivable | 41 | €5,030 | €4,051 | -€979 | -19.5% |
| Current investments | 50/53 | €500,000 | - | -€500,000 | |
| Cash at bank and in hand | 54/58 | €118,035 | €609,290 | +€491,255 | +416.2% |
| Deferred charges and accrued income | 490/1 | €10,925 | €10,925 | = | 0.0% |
| Total equity and liabilities | 10/49 | €633,990 | €624,266 | -€9,724 | -1.5% |
| Equity | 10/15 | €581,876 | €596,148 | +€14,272 | +2.5% |
| Contributions | 10/11 | €26,531 | €26,531 | = | 0.0% |
| Reserves | 13 | €555,345 | €569,617 | +€14,272 | +2.6% |
| Distributable reserves | 133 | €555,345 | €569,617 | +€14,272 | +2.6% |
| Provisions and deferred taxes | 16 | €50,000 | - | -€50,000 | |
| Provisions for liabilities and charges | 160/5 | €50,000 | - | -€50,000 | |
| Major repairs and maintenance | 162 | €50,000 | - | -€50,000 | |
| Amounts payable | 17/49 | €2,114 | €28,118 | +€26,004 | +1230.0% |
| Amounts payable within one year | 42/48 | €2,114 | €28,118 | +€26,004 | +1230.0% |
| Trade debts | 44 | €2,071 | €28,118 | +€26,048 | +1258.0% |
| Suppliers | 440/4 | €2,071 | €28,118 | +€26,048 | +1258.0% |
| Taxes, remuneration and social security | 45 | €44 | - | -€44 | |
| Taxes | 450/3 | €44 | - | -€44 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189 | - | -€189 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€50,000 | -€50,000 | |
| Gross operating margin | 9900 | €170,374 | -€32,729 | -€203,103 | |
| Operating profit (loss) | 9901 | €170,185 | €17,271 | -€152,915 | -89.9% |
| Financial income | 75/76B | - | €4,877 | +€4,877 | |
| Recurring financial income | 75 | - | €4,877 | +€4,877 | |
| Financial charges | 65/66B | €689 | €576 | -€112 | -16.3% |
| Recurring financial charges | 65 | €689 | €576 | -€112 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €169,496 | €21,571 | -€147,925 | -87.3% |
| Income taxes | 67/77 | €54,187 | €7,299 | -€46,889 | -86.5% |
| Profit (loss) for the period | 9904 | €115,309 | €14,272 | -€101,037 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €115,309 | €14,272 | -€101,037 | -87.6% |
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 8 October 2026 via checked.be.