INSTANT TRAINING: 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.
INSTANT TRAINING
Largest movements
- Receivables within one year -€3,521
down €3,521 (-4.9%), from €71,765 to €68,244
- Reserves -€2,350
down €2,350 (-20.1%), from €11,671 to €9,321
of which Distributable reserves: -€2,350
- Tax, wage and social debts -€1,013
down €1,013 (-86.5%), from €1,172 to €159
- Short-term financial debts +€896
up €896 (+10.8%), from €8,291 to €9,187
- Profit (loss) carried forward -€860
down €860 (-1.7%), from €50,480 to €49,619
- Gross operating margin +€8,345
up €8,345 (+73.1%), from -€11,422 to -€3,077
- Financial income -€4,498
down €4,498 (-51.7%), from €8,699 to €4,201
- Other operating charges -€671
down €671 (-55.3%), from €1,213 to €543
- Financial charges +€156
up €156 (+12.5%), from €1,245 to €1,401
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,765 | €68,287 | -€3,478 | -4.8% |
| Current assets | 29/58 | €71,765 | €68,287 | -€3,478 | -4.8% |
| Amounts receivable within one year | 40/41 | €71,765 | €68,244 | -€3,521 | -4.9% |
| Other amounts receivable | 41 | €71,765 | €68,244 | -€3,521 | -4.9% |
| Deferred charges and accrued income | 490/1 | - | €43 | +€43 | |
| Total equity and liabilities | 10/49 | €71,765 | €68,287 | -€3,478 | -4.8% |
| Equity | 10/15 | €62,152 | €58,941 | -€3,211 | -5.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €11,671 | €9,321 | -€2,350 | -20.1% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €9,771 | €7,421 | -€2,350 | -24.1% |
| Profit (loss) carried forward | 14 | €50,480 | €49,619 | -€860 | -1.7% |
| Amounts payable | 17/49 | €9,613 | €9,346 | -€267 | -2.8% |
| Amounts payable within one year | 42/48 | €9,613 | €9,346 | -€267 | -2.8% |
| Financial debts | 43 | €8,291 | €9,187 | +€896 | +10.8% |
| Credit institutions | 430/8 | €8,291 | €9,187 | +€896 | +10.8% |
| Trade debts | 44 | €151 | - | -€151 | |
| Suppliers | 440/4 | €151 | - | -€151 | |
| Taxes, remuneration and social security | 45 | €1,172 | €159 | -€1,013 | -86.5% |
| Taxes | 450/3 | €1,172 | €159 | -€1,013 | -86.5% |
| Other operating charges | 640/8 | €1,213 | €543 | -€671 | -55.3% |
| Gross operating margin | 9900 | -€11,422 | -€3,077 | +€8,345 | +73.1% |
| Operating profit (loss) | 9901 | -€12,635 | -€3,620 | +€9,016 | +71.4% |
| Financial income | 75/76B | €8,699 | €4,201 | -€4,498 | -51.7% |
| Recurring financial income | 75 | €8,699 | €4,201 | -€4,498 | -51.7% |
| Financial charges | 65/66B | €1,245 | €1,401 | +€156 | +12.5% |
| Recurring financial charges | 65 | €1,245 | €1,401 | +€156 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,181 | -€819 | +€4,362 | +84.2% |
| Income taxes | 67/77 | - | €41 | +€41 | |
| Profit (loss) for the period | 9904 | -€5,181 | -€860 | +€4,321 | +83.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,181 | -€860 | +€4,321 | +83.4% |
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 5 October 2026 via checked.be.