Julie Devos: 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.
Julie Devos
Largest movements
- Cash +€23,978
up €23,978 (+24.4%), from €98,444 to €122,422
mainly Net result for the year (+€34,819) and Other debts (+€5,381)
- Receivables within one year +€10,502
up €10,502 (+2070.2%), from €507 to €11,010
- Profit (loss) carried forward +€34,819
up €34,819 (+58.1%), from €59,959 to €94,778
- Tax, wage and social debts -€5,820
down €5,820 (-27.9%), from €20,865 to €15,046
- Other debts +€5,381
up €5,381 (+46.9%), from €11,477 to €16,859
- Gross operating margin -€31,517
down €31,517 (-40.8%), from €77,169 to €45,652
- Taxes -€6,363
down €6,363 (-39.2%), from €16,246 to €9,884
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 | €98,952 | €133,432 | +€34,480 | +34.8% |
| Current assets | 29/58 | €98,952 | €133,432 | +€34,480 | +34.8% |
| Amounts receivable within one year | 40/41 | €507 | €11,010 | +€10,502 | +2070.2% |
| Trade receivables | 40 | €507 | €11,010 | +€10,502 | +2070.2% |
| Cash at bank and in hand | 54/58 | €98,444 | €122,422 | +€23,978 | +24.4% |
| Total equity and liabilities | 10/49 | €98,952 | €133,432 | +€34,480 | +34.8% |
| Equity | 10/15 | €64,959 | €99,778 | +€34,819 | +53.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,959 | €94,778 | +€34,819 | +58.1% |
| Amounts payable | 17/49 | €33,993 | €33,654 | -€339 | -1.0% |
| Amounts payable within one year | 42/48 | €32,343 | €31,904 | -€439 | -1.4% |
| Taxes, remuneration and social security | 45 | €20,865 | €15,046 | -€5,820 | -27.9% |
| Taxes | 450/3 | €20,865 | €15,046 | -€5,820 | -27.9% |
| Other amounts payable | 47/48 | €11,477 | €16,859 | +€5,381 | +46.9% |
| Accrued charges and deferred income | 492/3 | €1,650 | €1,750 | +€100 | +6.1% |
| Other operating charges | 640/8 | €925 | €852 | -€73 | -7.9% |
| Gross operating margin | 9900 | €77,169 | €45,652 | -€31,517 | -40.8% |
| Operating profit (loss) | 9901 | €76,245 | €44,800 | -€31,445 | -41.2% |
| Financial charges | 65/66B | €39 | €98 | +€59 | +150.3% |
| Recurring financial charges | 65 | €39 | €98 | +€59 | +150.3% |
| Profit (loss) for the period before taxes | 9903 | €76,206 | €44,702 | -€31,503 | -41.3% |
| Income taxes | 67/77 | €16,246 | €9,884 | -€6,363 | -39.2% |
| Profit (loss) for the period | 9904 | €59,959 | €34,819 | -€25,141 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,959 | €34,819 | -€25,141 | -41.9% |
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 2 October 2026 via checked.be.