interpret-IT: 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.
interpret-IT
Largest movements
- Tangible fixed assets -€7,183
down €7,183 (-12.8%), from €56,316 to €49,133
of which Land and buildings: -€4,462
- Reserves -€6,327
down €6,327 (-6.0%), from €105,581 to €99,254
- Tax, wage and social debts -€1,769
down €1,769 (-45.0%), from €3,933 to €2,164
of which Taxes: -€1,533
- Gross operating margin -€6,693
down €6,693 (-8.5%), from €78,492 to €71,799
- Taxes -€2,179
down €2,179 (-11.9%), from €18,365 to €16,186
- Depreciation +€1,262
up €1,262 (+21.3%), from €5,921 to €7,183
- Financial income -€922
down €922 (-78.1%), from €1,180 to €258
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 | €169,002 | €161,687 | -€7,315 | -4.3% |
| Fixed assets | 21/28 | €56,316 | €49,133 | -€7,183 | -12.8% |
| Tangible fixed assets | 22/27 | €56,316 | €49,133 | -€7,183 | -12.8% |
| Land and buildings | 22 | €50,435 | €45,974 | -€4,462 | -8.8% |
| Furniture and vehicles | 24 | €5,880 | €3,159 | -€2,721 | -46.3% |
| Current assets | 29/58 | €112,686 | €112,554 | -€132 | -0.1% |
| Amounts receivable within one year | 40/41 | €30,421 | €30,229 | -€192 | -0.6% |
| Trade receivables | 40 | €18,884 | €12,387 | -€6,496 | -34.4% |
| Other amounts receivable | 41 | €11,538 | €17,842 | +€6,304 | +54.6% |
| Cash at bank and in hand | 54/58 | €80,934 | €81,010 | +€76 | +0.1% |
| Deferred charges and accrued income | 490/1 | €1,331 | €1,315 | -€16 | -1.2% |
| Total equity and liabilities | 10/49 | €169,002 | €161,687 | -€7,315 | -4.3% |
| Equity | 10/15 | €155,581 | €149,254 | -€6,327 | -4.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €105,581 | €99,254 | -€6,327 | -6.0% |
| Distributable reserves | 133 | €105,581 | €99,254 | -€6,327 | -6.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,421 | €12,433 | -€988 | -7.4% |
| Amounts payable within one year | 42/48 | €13,421 | €12,431 | -€990 | -7.4% |
| Trade debts | 44 | €9,488 | €10,267 | +€779 | +8.2% |
| Suppliers | 440/4 | €9,488 | €10,267 | +€779 | +8.2% |
| Taxes, remuneration and social security | 45 | €3,933 | €2,164 | -€1,769 | -45.0% |
| Taxes | 450/3 | €1,533 | €0 | -€1,533 | -100% |
| Remuneration and social security | 454/9 | €2,400 | €2,164 | -€236 | -9.8% |
| Accrued charges and deferred income | 492/3 | €0 | €2 | +€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,921 | €7,183 | +€1,262 | +21.3% |
| Other operating charges | 640/8 | €1,128 | €776 | -€352 | -31.2% |
| Gross operating margin | 9900 | €78,492 | €71,799 | -€6,693 | -8.5% |
| Operating profit (loss) | 9901 | €71,443 | €63,840 | -€7,603 | -10.6% |
| Financial income | 75/76B | €1,180 | €258 | -€922 | -78.1% |
| Recurring financial income | 75 | €1,180 | €258 | -€922 | -78.1% |
| Financial charges | 65/66B | €373 | €355 | -€18 | -4.8% |
| Recurring financial charges | 65 | €373 | €355 | -€18 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €72,249 | €63,743 | -€8,506 | -11.8% |
| Income taxes | 67/77 | €18,365 | €16,186 | -€2,179 | -11.9% |
| Profit (loss) for the period | 9904 | €53,884 | €47,557 | -€6,327 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,884 | €47,557 | -€6,327 | -11.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.