JUNE: 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.
JUNE
Largest movements
- Cash +€23,610
up €23,610 (+14.0%), from €168,387 to €191,997
mainly Other debts (+€152,663) and Net result for the year (+€29,651)
- Financial fixed assets -€7,000
no longer reported in 2025 (was €7,000)
- Receivables within one year +€6,558
up €6,558 (+44.6%), from €14,708 to €21,267
of which Trade receivables: +€3,559
- Other debts +€152,663
up €152,663 (+2462.4%), from €6,200 to €158,863
- Reserves -€152,262
down €152,262 (-98.8%), from €154,122 to €1,860
of which Distributable reserves: -€152,262
- Tax, wage and social debts +€21,663
up €21,663 (+153.7%), from €14,098 to €35,761
- Profit (loss) carried forward -€3,235
new in 2025: -€3,235
- Trade debts +€2,349
up €2,349 (+118.8%), from €1,977 to €4,326
- Gross operating margin -€15,122
down €15,122 (-27.3%), from €55,384 to €40,262
- Taxes -€5,218
down €5,218 (-40.8%), from €12,795 to €7,577
- Depreciation -€2,287
down €2,287 (-53.5%), from €4,276 to €1,990
- Financial charges +€939
up €939 (+800.5%), from €117 to €1,056
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 | €194,996 | €216,175 | +€21,179 | +10.9% |
| Fixed assets | 21/28 | €11,901 | €2,912 | -€8,990 | -75.5% |
| Tangible fixed assets | 22/27 | €4,901 | €2,912 | -€1,990 | -40.6% |
| Plant, machinery and equipment | 23 | €1,132 | €849 | -€283 | -25.0% |
| Furniture and vehicles | 24 | €3,770 | €2,063 | -€1,707 | -45.3% |
| Financial fixed assets | 28 | €7,000 | - | -€7,000 | |
| Current assets | 29/58 | €183,095 | €213,264 | +€30,168 | +16.5% |
| Amounts receivable within one year | 40/41 | €14,708 | €21,267 | +€6,558 | +44.6% |
| Trade receivables | 40 | €11,037 | €14,596 | +€3,559 | +32.2% |
| Other amounts receivable | 41 | €3,672 | €6,671 | +€2,999 | +81.7% |
| Current investments | 50/53 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €168,387 | €191,997 | +€23,610 | +14.0% |
| Total equity and liabilities | 10/49 | €194,996 | €216,175 | +€21,179 | +10.9% |
| Equity | 10/15 | €172,722 | €17,225 | -€155,497 | -90.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €154,122 | €1,860 | -€152,262 | -98.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €152,262 | €0 | -€152,262 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€3,235 | -€3,235 | |
| Amounts payable | 17/49 | €22,275 | €198,950 | +€176,676 | +793.2% |
| Amounts payable within one year | 42/48 | €22,275 | €198,950 | +€176,676 | +793.2% |
| Trade debts | 44 | €1,977 | €4,326 | +€2,349 | +118.8% |
| Suppliers | 440/4 | €1,977 | €4,326 | +€2,349 | +118.8% |
| Taxes, remuneration and social security | 45 | €14,098 | €35,761 | +€21,663 | +153.7% |
| Taxes | 450/3 | €14,098 | €35,761 | +€21,663 | +153.7% |
| Other amounts payable | 47/48 | €6,200 | €158,863 | +€152,663 | +2462.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,276 | €1,990 | -€2,287 | -53.5% |
| Other operating charges | 640/8 | €146 | - | -€146 | |
| Gross operating margin | 9900 | €55,384 | €40,262 | -€15,122 | -27.3% |
| Operating profit (loss) | 9901 | €50,962 | €38,273 | -€12,689 | -24.9% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €117 | €1,056 | +€939 | +800.5% |
| Recurring financial charges | 65 | €117 | €1,056 | +€939 | +800.5% |
| Profit (loss) for the period before taxes | 9903 | €50,844 | €37,228 | -€13,616 | -26.8% |
| Income taxes | 67/77 | €12,795 | €7,577 | -€5,218 | -40.8% |
| Profit (loss) for the period | 9904 | €38,049 | €29,651 | -€8,398 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,049 | €29,651 | -€8,398 | -22.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.