INTELLIGENCE DIRECTION FOR YOU: what changed
Two financial 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.
INTELLIGENCE DIRECTION FOR YOU
Largest movements
- Tangible fixed assets -€162,652
down €162,652 (-96.1%), from €169,326 to €6,674
of which Land and buildings: -€166,206
- Receivables within one year +€4,464
up €4,464 (+31.6%), from €14,106 to €18,570
of which Other amounts receivable: +€12,181
- Cash -€2,492
down €2,492 (-28.1%), from €8,867 to €6,375
mainly Debts after one year (-€112,420) and Other debts (-€72,328)
- Debts after one year -€112,420
no longer reported in 2025 (was €112,420)
- Other debts -€72,328
down €72,328 (-39.9%), from €181,341 to €109,013
- Trade debts +€19,261
up €19,261 (+424%), from €4,543 to €23,804
- Profit (loss) carried forward +€15,440
up €15,440 (+9.7%), from -€158,750 to -€143,310
- Current portion of long-term debt -€12,810
no longer reported in 2025 (was €12,810)
- Gross operating margin +€48,600
up €48,600 (+521%), from €9,320 to €57,920
- Depreciation -€10,470
down €10,470 (-85.3%), from €12,273 to €1,803
- Financial income +€4,041
up €4,041 (+105,795%), from €4 to €4,045
of which Non-recurring financial income: +€4,006
- Financial charges +€787
up €787 (+16.2%), from €4,853 to €5,640
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.
Derived cash bridge
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 | €195,784 | €35,007 | -€160,777 | -82.1% |
| Fixed assets | 21/28 | €169,326 | €6,674 | -€162,652 | -96.1% |
| Tangible fixed assets | 22/27 | €169,326 | €6,674 | -€162,652 | -96.1% |
| Land and buildings | 22 | €168,821 | €2,615 | -€166,206 | -98.5% |
| Plant, machinery and equipment | 23 | €505 | €4,059 | +€3,554 | +703% |
| Current assets | 29/58 | €26,459 | €28,333 | +€1,875 | +7.1% |
| Amounts receivable within one year | 40/41 | €14,106 | €18,570 | +€4,464 | +31.6% |
| Trade receivables | 40 | €14,066 | €6,349 | -€7,717 | -54.9% |
| Other amounts receivable | 41 | €39 | €12,221 | +€12,181 | +30,909% |
| Cash at bank and in hand | 54/58 | €8,867 | €6,375 | -€2,492 | -28.1% |
| Deferred charges and accrued income | 490/1 | €3,486 | €3,389 | -€97 | -2.8% |
| Total equity and liabilities | 10/49 | €195,784 | €35,007 | -€160,777 | -82.1% |
| Equity | 10/15 | -€116,410 | -€100,970 | +€15,440 | +13.3% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €29,740 | €29,740 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,203 | €16,203 | = | 0.0% |
| Distributable reserves | 133 | €13,537 | €13,537 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€158,750 | -€143,310 | +€15,440 | +9.7% |
| Amounts payable | 17/49 | €312,195 | €135,977 | -€176,217 | -56.4% |
| Amounts payable after more than one year | 17 | €112,420 | - | -€112,420 | |
| Financial debts | 170/4 | €112,420 | - | -€112,420 | |
| Amounts payable within one year | 42/48 | €199,774 | €135,977 | -€63,797 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €12,810 | - | -€12,810 | |
| Trade debts | 44 | €4,543 | €23,804 | +€19,261 | +424% |
| Suppliers | 440/4 | €4,543 | €23,804 | +€19,261 | +424% |
| Advances received on contracts in progress | 46 | - | €2,759 | +€2,759 | |
| Taxes, remuneration and social security | 45 | €1,081 | €402 | -€679 | -62.8% |
| Taxes | 450/3 | €1,081 | €402 | -€679 | -62.8% |
| Other amounts payable | 47/48 | €181,341 | €109,013 | -€72,328 | -39.9% |
| Non-recurring operating income | 76A | - | €116,404 | +€116,404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,273 | €1,803 | -€10,470 | -85.3% |
| Other operating charges | 640/8 | €1,258 | €1,219 | -€39 | -3.1% |
| Non-recurring operating charges | 66A | - | €37,460 | +€37,460 | |
| Gross operating margin | 9900 | €9,320 | €57,920 | +€48,600 | +521% |
| Operating profit (loss) | 9901 | -€4,211 | €17,438 | +€21,649 | |
| Financial income | 75/76B | €4 | €4,045 | +€4,041 | +105,795% |
| Recurring financial income | 75 | €4 | €40 | +€36 | +938% |
| Non-recurring financial income | 76B | - | €4,006 | +€4,006 | |
| Financial charges | 65/66B | €4,853 | €5,640 | +€787 | +16.2% |
| Recurring financial charges | 65 | €4,853 | €5,640 | +€787 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,060 | €15,844 | +€24,903 | |
| Income taxes | 67/77 | €466 | €403 | -€62 | -13.4% |
| Profit (loss) for the period | 9904 | -€9,525 | €15,440 | +€24,966 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,525 | €15,440 | +€24,966 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.