June-X: 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-X
Largest movements
- Tangible fixed assets -€19,564
down €19,564 (-56.4%), from €34,719 to €15,154
- Receivables within one year +€19,397
up €19,397 (+56.9%), from €34,100 to €53,497
of which Other amounts receivable: +€24,679
- Trade debts +€17,404
up €17,404 (+83.4%), from €20,859 to €38,263
- Advances received -€12,556
no longer reported in 2025 (was €12,556)
- Debts after one year -€12,411
down €12,411 (-73.5%), from €16,896 to €4,485
- Profit (loss) carried forward +€11,503
up €11,503, from -€11,257 to €246
- Current portion of long-term debt -€8,195
down €8,195 (-31.9%), from €25,719 to €17,524
- Gross operating margin +€21,186
up €21,186 (+530.0%), from €3,998 to €25,184
- Depreciation -€5,369
down €5,369 (-49.2%), from €10,912 to €5,542
- Financial charges -€3,249
down €3,249 (-62.5%), from €5,202 to €1,953
- Taxes +€1,008
up €1,008 (+722.5%), from €140 to €1,148
- Other operating charges +€283
up €283 (+62.8%), from €450 to €733
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 | €69,419 | €68,653 | -€766 | -1.1% |
| Fixed assets | 21/28 | €34,719 | €15,154 | -€19,564 | -56.4% |
| Tangible fixed assets | 22/27 | €34,719 | €15,154 | -€19,564 | -56.4% |
| Furniture and vehicles | 24 | €34,719 | €15,154 | -€19,564 | -56.4% |
| Current assets | 29/58 | €34,701 | €53,499 | +€18,798 | +54.2% |
| Amounts receivable within one year | 40/41 | €34,100 | €53,497 | +€19,397 | +56.9% |
| Trade receivables | 40 | €14,240 | €8,959 | -€5,282 | -37.1% |
| Other amounts receivable | 41 | €19,860 | €44,538 | +€24,679 | +124.3% |
| Cash at bank and in hand | 54/58 | €600 | €2 | -€598 | -99.7% |
| Total equity and liabilities | 10/49 | €69,419 | €68,653 | -€766 | -1.1% |
| Equity | 10/15 | -€8,757 | €2,746 | +€11,503 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Outside capital | 11 | €2,500 | - | -€2,500 | |
| Other | 1109/19 | €2,500 | - | -€2,500 | |
| Profit (loss) carried forward | 14 | -€11,257 | €246 | +€11,503 | |
| Amounts payable | 17/49 | €78,177 | €65,907 | -€12,269 | -15.7% |
| Amounts payable after more than one year | 17 | €16,896 | €4,485 | -€12,411 | -73.5% |
| Financial debts | 170/4 | €16,896 | €4,485 | -€12,411 | -73.5% |
| Amounts payable within one year | 42/48 | €61,281 | €61,422 | +€142 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €25,719 | €17,524 | -€8,195 | -31.9% |
| Trade debts | 44 | €20,859 | €38,263 | +€17,404 | +83.4% |
| Suppliers | 440/4 | €20,859 | €38,263 | +€17,404 | +83.4% |
| Advances received on contracts in progress | 46 | €12,556 | - | -€12,556 | |
| Taxes, remuneration and social security | 45 | €2,147 | €5,635 | +€3,488 | +162.5% |
| Taxes | 450/3 | €2,147 | €5,635 | +€3,488 | +162.5% |
| Non-recurring operating income | 76A | - | €3,884 | +€3,884 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,912 | €5,542 | -€5,369 | -49.2% |
| Other operating charges | 640/8 | €450 | €733 | +€283 | +62.8% |
| Non-recurring operating charges | 66A | - | €4,305 | +€4,305 | |
| Gross operating margin | 9900 | €3,998 | €25,184 | +€21,186 | +530.0% |
| Operating profit (loss) | 9901 | -€7,364 | €14,603 | +€21,968 | |
| Financial charges | 65/66B | €5,202 | €1,953 | -€3,249 | -62.5% |
| Recurring financial charges | 65 | €5,202 | €1,953 | -€3,249 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,566 | €12,651 | +€25,217 | |
| Income taxes | 67/77 | €140 | €1,148 | +€1,008 | +722.5% |
| Profit (loss) for the period | 9904 | -€12,706 | €11,503 | +€24,209 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,706 | €11,503 | +€24,209 |
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 5 October 2026 via checked.be.