Skip to content

JUST DIFFERENT: 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.

What changed

JUST DIFFERENT

BE 0839.427.706
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€13,983
2024 · -€16,842+€2,859
Equity
-€264,081
2024 · -€250,097-€13,983
Cash
€1,195
2024 · €889+€306
Balance sheet total
€1,233
2024 · €1,061+€172

Largest movements

2024 to 2025
Assets
  • Cash +€306

    up €306 (+34.5%), from €889 to €1,195

    mainly Tax, wage and social debts (+€13,206) and Other debts (+€9,917)

  • Receivables within one year -€135

    down €135 (-77.9%), from €173 to €38

Equity and liabilities
  • Profit (loss) carried forward -€13,983

    down €13,983 (-5.2%), from -€268,697 to -€282,681

  • Tax, wage and social debts +€13,206

    new in 2025: €13,206

    of which Remuneration and social security: +€13,200

  • Other debts +€9,917

    up €9,917 (+4.1%), from €241,949 to €251,866

  • Trade debts -€8,968

    down €8,968 (-97.4%), from €9,210 to €242

Income statement
  • Financial income +€2,390

    new in 2025: €2,390

    of which Financial income: +€2,390

  • Gross operating margin +€556

    up €556 (+3.4%), from -€16,150 to -€15,594

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€16,842
Gross operating margin +€556
Other operating charges -€83
Financial income +€2,390
Financial charges -€4
Result 2025 -€13,983

Cash bridge derived

cash 2024 to 2025

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.

From operations +€306
Investment €0
Financing €0
Cash 2024 €889
Net result for the year -€13,983
Receivables within one year +€135
Trade debts -€8,968
Tax, wage and social debts +€13,206
Other debts +€9,917
Cash 2025 €1,195
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,061 €1,233 +€172 +16.2%
Fixed assets 21/28 €0 €0 =
Tangible fixed assets 22/27 €0 €0 =
Plant, machinery and equipment 23 €0 €0 =
Furniture and vehicles 24 €0 €0 =
Current assets 29/58 €1,061 €1,233 +€172 +16.2%
Amounts receivable within one year 40/41 €173 €38 -€135 -77.9%
Other amounts receivable 41 €173 €38 -€135 -77.9%
Cash at bank and in hand 54/58 €889 €1,195 +€306 +34.5%
Total equity and liabilities 10/49 €1,061 €1,233 +€172 +16.2%
Equity 10/15 -€250,097 -€264,081 -€13,983 -5.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Outside capital 11 - €18,600 +€18,600
Other 1109/19 - €18,600 +€18,600
Profit (loss) carried forward 14 -€268,697 -€282,681 -€13,983 -5.2%
Amounts payable 17/49 €251,159 €265,314 +€14,155 +5.6%
Amounts payable within one year 42/48 €251,159 €265,314 +€14,155 +5.6%
Trade debts 44 €9,210 €242 -€8,968 -97.4%
Suppliers 440/4 €9,210 €242 -€8,968 -97.4%
Taxes, remuneration and social security 45 - €13,206 +€13,206
Taxes 450/3 - €6 +€6
Remuneration and social security 454/9 - €13,200 +€13,200
Other amounts payable 47/48 €241,949 €251,866 +€9,917 +4.1%
Other operating charges 640/8 €642 €725 +€83 +12.9%
Gross operating margin 9900 -€16,150 -€15,594 +€556 +3.4%
Operating profit (loss) 9901 -€16,793 -€16,320 +€473 +2.8%
Financial income 75/76B - €2,390 +€2,390
Recurring financial income 75 - €2,390 +€2,390
Non-recurring financial income 76B - €2,390 +€2,390
Financial charges 65/66B €50 €54 +€4 +8.4%
Recurring financial charges 65 €50 €54 +€4 +8.4%
Profit (loss) for the period before taxes 9903 -€16,842 -€13,983 +€2,859 +17.0%
Profit (loss) for the period 9904 -€16,842 -€13,983 +€2,859 +17.0%
Profit (loss) for the period to be appropriated 9905 -€16,842 -€13,983 +€2,859 +17.0%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.