Intensive Beat: 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.
Intensive Beat
Largest movements
- Cash +€85,263
up €85,263 (+2132.7%), from €3,998 to €89,261
mainly Net result for the year (+€110,316) and Depreciation (+€2,117)
- Deferred charges and accrued income +€9,897
up €9,897 (+24.8%), from €39,941 to €49,838
- Receivables within one year +€5,855
up €5,855 (+119.0%), from €4,921 to €10,776
of which Other amounts receivable: +€5,767
- Reserves +€110,316
up €110,316 (+299.1%), from €36,885 to €147,201
- Tax, wage and social debts -€8,731
down €8,731 (-59.3%), from €14,733 to €6,002
of which Taxes: -€6,552
- Gross operating margin +€88,884
up €88,884 (+159.3%), from €55,792 to €144,676
- Taxes +€16,717
up €16,717 (+118.2%), from €14,140 to €30,858
- Depreciation -€1,588
down €1,588 (-42.9%), from €3,705 to €2,117
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 | €55,424 | €156,796 | +€101,372 | +182.9% |
| Fixed assets | 21/28 | €6,564 | €6,921 | +€356 | +5.4% |
| Tangible fixed assets | 22/27 | €6,489 | €6,846 | +€356 | +5.5% |
| Furniture and vehicles | 24 | €6,489 | €4,381 | -€2,108 | -32.5% |
| Other tangible fixed assets | 26 | - | €2,464 | +€2,464 | |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €48,860 | €149,875 | +€101,015 | +206.7% |
| Amounts receivable within one year | 40/41 | €4,921 | €10,776 | +€5,855 | +119.0% |
| Trade receivables | 40 | - | €88 | +€88 | |
| Other amounts receivable | 41 | €4,921 | €10,688 | +€5,767 | +117.2% |
| Cash at bank and in hand | 54/58 | €3,998 | €89,261 | +€85,263 | +2132.7% |
| Deferred charges and accrued income | 490/1 | €39,941 | €49,838 | +€9,897 | +24.8% |
| Total equity and liabilities | 10/49 | €55,424 | €156,796 | +€101,372 | +182.9% |
| Equity | 10/15 | €39,885 | €150,201 | +€110,316 | +276.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €36,885 | €147,201 | +€110,316 | +299.1% |
| Distributable reserves | 133 | €36,885 | €147,201 | +€110,316 | +299.1% |
| Amounts payable | 17/49 | €15,539 | €6,595 | -€8,944 | -57.6% |
| Amounts payable within one year | 42/48 | €15,539 | €6,595 | -€8,944 | -57.6% |
| Trade debts | 44 | €112 | €593 | +€481 | +428.2% |
| Suppliers | 440/4 | €112 | €593 | +€481 | +428.2% |
| Taxes, remuneration and social security | 45 | €14,733 | €6,002 | -€8,731 | -59.3% |
| Taxes | 450/3 | €12,409 | €5,858 | -€6,552 | -52.8% |
| Remuneration and social security | 454/9 | €2,323 | €144 | -€2,179 | -93.8% |
| Other amounts payable | 47/48 | €694 | - | -€694 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,705 | €2,117 | -€1,588 | -42.9% |
| Gross operating margin | 9900 | €55,792 | €144,676 | +€88,884 | +159.3% |
| Operating profit (loss) | 9901 | €52,087 | €142,559 | +€90,472 | +173.7% |
| Financial income | 75/76B | €130 | €473 | +€343 | +263.6% |
| Recurring financial income | 75 | €130 | €473 | +€343 | +263.6% |
| Financial charges | 65/66B | €1,192 | €1,859 | +€667 | +56.0% |
| Recurring financial charges | 65 | €1,192 | €1,859 | +€667 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €51,025 | €141,174 | +€90,148 | +176.7% |
| Income taxes | 67/77 | €14,140 | €30,858 | +€16,717 | +118.2% |
| Profit (loss) for the period | 9904 | €36,885 | €110,316 | +€73,431 | +199.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,885 | €110,316 | +€73,431 | +199.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.