JOIN THE DOTS: 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.
JOIN THE DOTS
Largest movements
- Receivables within one year -€1,945
down €1,945 (-49.3%), from €3,949 to €2,004
of which Trade receivables: -€1,537
- Cash -€1,291
down €1,291 (-13.2%), from €9,786 to €8,495
mainly Net result for the year (-€3,364) and Trade debts (-€1,269)
- Tangible fixed assets -€777
down €777 (-63.7%), from €1,220 to €443
- Deferred charges and accrued income -€374
down €374 (-99.7%), from €375 to €1
- Profit (loss) carried forward -€3,364
down €3,364 (-330%), from -€1,018 to -€4,383
- Trade debts -€1,269
down €1,269 (-38.2%), from €3,323 to €2,054
- Other debts +€444
up €444 (+17.1%), from €2,600 to €3,044
- Gross operating margin -€2,770
down €2,770, from €889 to -€1,881
- Financial charges -€205
down €205 (-44.7%), from €458 to €253
- Other operating charges -€192
down €192 (-29.7%), from €645 to €453
- Depreciation -€29
down €29 (-3.5%), from €805 to €777
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 | €15,330 | €10,944 | -€4,386 | -28.6% |
| Fixed assets | 21/28 | €1,220 | €443 | -€777 | -63.7% |
| Tangible fixed assets | 22/27 | €1,220 | €443 | -€777 | -63.7% |
| Furniture and vehicles | 24 | €1,220 | €443 | -€777 | -63.7% |
| Current assets | 29/58 | €14,110 | €10,500 | -€3,609 | -25.6% |
| Amounts receivable within one year | 40/41 | €3,949 | €2,004 | -€1,945 | -49.3% |
| Trade receivables | 40 | €3,541 | €2,004 | -€1,537 | -43.4% |
| Other amounts receivable | 41 | €408 | - | -€408 | |
| Cash at bank and in hand | 54/58 | €9,786 | €8,495 | -€1,291 | -13.2% |
| Deferred charges and accrued income | 490/1 | €375 | €1 | -€374 | -99.7% |
| Total equity and liabilities | 10/49 | €15,330 | €10,944 | -€4,386 | -28.6% |
| Equity | 10/15 | €8,241 | €4,876 | -€3,364 | -40.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €8,759 | €8,759 | = | 0.0% |
| Distributable reserves | 133 | €8,759 | €8,759 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,018 | -€4,383 | -€3,364 | -330% |
| Amounts payable | 17/49 | €7,089 | €6,067 | -€1,022 | -14.4% |
| Amounts payable within one year | 42/48 | €6,024 | €5,098 | -€927 | -15.4% |
| Trade debts | 44 | €3,323 | €2,054 | -€1,269 | -38.2% |
| Suppliers | 440/4 | €3,323 | €2,054 | -€1,269 | -38.2% |
| Taxes, remuneration and social security | 45 | €101 | - | -€101 | |
| Taxes | 450/3 | €101 | - | -€101 | |
| Other amounts payable | 47/48 | €2,600 | €3,044 | +€444 | +17.1% |
| Accrued charges and deferred income | 492/3 | €1,065 | €969 | -€95 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €805 | €777 | -€29 | -3.5% |
| Other operating charges | 640/8 | €645 | €453 | -€192 | -29.7% |
| Gross operating margin | 9900 | €889 | -€1,881 | -€2,770 | |
| Operating profit (loss) | 9901 | -€561 | -€3,111 | -€2,550 | -455% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €458 | €253 | -€205 | -44.7% |
| Recurring financial charges | 65 | €458 | €253 | -€205 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,018 | -€3,364 | -€2,346 | -230% |
| Profit (loss) for the period | 9904 | -€1,018 | -€3,364 | -€2,346 | -230% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,018 | -€3,364 | -€2,346 | -230% |
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 17 October 2026 via checked.be.