June 3: 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.
June 3
Largest movements
- Receivables within one year +€17,623
up €17,623 (+121%), from €14,592 to €32,215
of which Trade receivables: +€17,869
- Tangible fixed assets -€3,903
down €3,903 (-53.2%), from €7,334 to €3,431
- Cash +€557
up €557 (+12.3%), from €4,524 to €5,081
mainly Net result for the year (+€28,211) and Tax, wage and social debts (+€6,896)
- Profit (loss) carried forward +€21,223
no longer reported in 2026 (was -€21,223)
- Other debts -€20,634
down €20,634 (-99.0%), from €20,852 to €218
- Reserves +€6,988
up €6,988 (+109%), from €6,416 to €13,404
of which Distributable reserves: +€6,988
- Tax, wage and social debts +€6,896
up €6,896 (+4,071%), from €169 to €7,066
of which Taxes: +€4,673
- Gross operating margin +€7,070
up €7,070 (+23.9%), from €29,530 to €36,600
- Taxes +€3,617
up €3,617 (+2,135%), from €169 to €3,786
- Other operating charges +€1,112
up €1,112 (+86.1%), from €1,293 to €2,405
- Financial charges -€538
down €538 (-44.6%), from €1,206 to €668
- Depreciation +€445
up €445 (+41.1%), from €1,084 to €1,530
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,658 | €40,798 | +€14,140 | +53.0% |
| Fixed assets | 21/28 | €7,334 | €3,431 | -€3,903 | -53.2% |
| Tangible fixed assets | 22/27 | €7,334 | €3,431 | -€3,903 | -53.2% |
| Furniture and vehicles | 24 | €7,334 | €3,431 | -€3,903 | -53.2% |
| Current assets | 29/58 | €19,324 | €37,367 | +€18,044 | +93.4% |
| Amounts receivable within one year | 40/41 | €14,592 | €32,215 | +€17,623 | +121% |
| Trade receivables | 40 | €13,840 | €31,709 | +€17,869 | +129% |
| Other amounts receivable | 41 | €752 | €505 | -€247 | -32.8% |
| Cash at bank and in hand | 54/58 | €4,524 | €5,081 | +€557 | +12.3% |
| Deferred charges and accrued income | 490/1 | €208 | €72 | -€136 | -65.4% |
| Total equity and liabilities | 10/49 | €26,658 | €40,798 | +€14,140 | +53.0% |
| Equity | 10/15 | €3,793 | €32,004 | +€28,211 | +744% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,416 | €13,404 | +€6,988 | +109% |
| 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 | €4,556 | €11,544 | +€6,988 | +153% |
| Profit (loss) carried forward | 14 | -€21,223 | - | +€21,223 | |
| Amounts payable | 17/49 | €22,865 | €8,794 | -€14,071 | -61.5% |
| Amounts payable within one year | 42/48 | €22,865 | €8,794 | -€14,071 | -61.5% |
| Trade debts | 44 | €1,843 | €1,510 | -€333 | -18.1% |
| Suppliers | 440/4 | €1,843 | €1,510 | -€333 | -18.1% |
| Taxes, remuneration and social security | 45 | €169 | €7,066 | +€6,896 | +4,071% |
| Taxes | 450/3 | €169 | €4,843 | +€4,673 | +2,759% |
| Remuneration and social security | 454/9 | - | €2,223 | +€2,223 | |
| Other amounts payable | 47/48 | €20,852 | €218 | -€20,634 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,084 | €1,530 | +€445 | +41.1% |
| Other operating charges | 640/8 | €1,293 | €2,405 | +€1,112 | +86.1% |
| Gross operating margin | 9900 | €29,530 | €36,600 | +€7,070 | +23.9% |
| Operating profit (loss) | 9901 | €27,153 | €32,665 | +€5,512 | +20.3% |
| Financial charges | 65/66B | €1,206 | €668 | -€538 | -44.6% |
| Recurring financial charges | 65 | €1,206 | €668 | -€538 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €25,947 | €31,997 | +€6,050 | +23.3% |
| Income taxes | 67/77 | €169 | €3,786 | +€3,617 | +2,135% |
| Profit (loss) for the period | 9904 | €25,778 | €28,211 | +€2,433 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,778 | €28,211 | +€2,433 | +9.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.