IT POINT: 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.
IT POINT
Largest movements
- Cash -€17,460
down €17,460 (-68.1%), from €25,651 to €8,191
- Tangible fixed assets -€13,020
down €13,020 (-4.0%), from €325,467 to €312,447
- Short-term financial debts -€30,000
down €30,000 (-9.0%), from €333,822 to €303,822
- Depreciation +€6,510
new in 2025: €6,510
- Financial charges -€1,915
down €1,915 (-97.8%), from €1,959 to €44
- Gross operating margin -€466
down €466 (-8.4%), from €5,517 to €5,051
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €351,118 | €320,638 | -€30,480 | -8.7% |
| Fixed assets | 21/28 | €325,467 | €312,447 | -€13,020 | -4.0% |
| Tangible fixed assets | 22/27 | €325,467 | €312,447 | -€13,020 | -4.0% |
| Land and buildings | 22 | €325,467 | €312,447 | -€13,020 | -4.0% |
| Current assets | 29/58 | €25,651 | €8,191 | -€17,460 | -68.1% |
| Cash at bank and in hand | 54/58 | €25,651 | €8,191 | -€17,460 | -68.1% |
| Total equity and liabilities | 10/49 | €351,118 | €320,638 | -€30,480 | -8.7% |
| Equity | 10/15 | €17,296 | €16,816 | -€480 | -2.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €9,805 | €9,805 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €7,805 | €7,805 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,509 | -€12,989 | -€480 | -3.8% |
| Amounts payable | 17/49 | €333,822 | €303,822 | -€30,000 | -9.0% |
| Amounts payable within one year | 42/48 | €333,822 | €303,822 | -€30,000 | -9.0% |
| Financial debts | 43 | €333,822 | €303,822 | -€30,000 | -9.0% |
| Other loans | 439 | €333,822 | €303,822 | -€30,000 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,510 | +€6,510 | |
| Gross operating margin | 9900 | €5,517 | €5,051 | -€466 | -8.4% |
| Operating profit (loss) | 9901 | €5,517 | -€1,459 | -€6,976 | |
| Financial charges | 65/66B | €1,959 | €44 | -€1,915 | -97.8% |
| Recurring financial charges | 65 | €1,959 | €44 | -€1,915 | -97.8% |
| Profit (loss) for the period before taxes | 9903 | €3,558 | -€1,503 | -€5,061 | |
| Profit (loss) for the period | 9904 | €3,558 | -€1,503 | -€5,061 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,558 | -€1,503 | -€5,061 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.