JUST DO IT: 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.
JUST DO IT
Largest movements
- Stocks and contracts -€7,545
down €7,545 (-76.8%), from €9,818 to €2,273
- Tangible fixed assets -€1,450
down €1,450 (-55.9%), from €2,593 to €1,144
of which Furniture and vehicles: -€1,300
- Deferred charges and accrued income -€355
down €355 (-19.8%), from €1,789 to €1,434
- Profit (loss) carried forward -€4,500
down €4,500 (-4.6%), from -€97,262 to -€101,763
- Other debts -€3,607
down €3,607 (-47.1%), from €7,665 to €4,058
- Trade debts -€891
down €891 (-51.9%), from €1,716 to €825
- Gross operating margin -€12,168
down €12,168, from €9,852 to -€2,316
- Depreciation -€545
down €545 (-27.3%), from €1,995 to €1,450
- Other operating charges -€157
down €157 (-23.4%), from €671 to €514
- Taxes -€122
down €122 (-48.5%), from €252 to €130
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 | €17,163 | €8,031 | -€9,132 | -53.2% |
| Fixed assets | 21/28 | €2,593 | €1,144 | -€1,450 | -55.9% |
| Tangible fixed assets | 22/27 | €2,593 | €1,144 | -€1,450 | -55.9% |
| Furniture and vehicles | 24 | €1,993 | €694 | -€1,300 | -65.2% |
| Other tangible fixed assets | 26 | €600 | €450 | -€150 | -25.0% |
| Current assets | 29/58 | €14,569 | €6,887 | -€7,682 | -52.7% |
| Stocks and contracts in progress | 3 | €9,818 | €2,273 | -€7,545 | -76.8% |
| Stocks | 30/36 | €9,818 | €2,273 | -€7,545 | -76.8% |
| Amounts receivable within one year | 40/41 | €859 | €946 | +€87 | +10.1% |
| Trade receivables | 40 | €250 | €144 | -€106 | -42.2% |
| Other amounts receivable | 41 | €609 | €801 | +€193 | +31.6% |
| Cash at bank and in hand | 54/58 | €2,104 | €2,234 | +€130 | +6.2% |
| Deferred charges and accrued income | 490/1 | €1,789 | €1,434 | -€355 | -19.8% |
| Total equity and liabilities | 10/49 | €17,163 | €8,031 | -€9,132 | -53.2% |
| Equity | 10/15 | -€62,431 | -€66,931 | -€4,500 | -7.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €16,239 | €16,239 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,239 | €1,239 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,239 | €1,239 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,262 | -€101,763 | -€4,500 | -4.6% |
| Amounts payable | 17/49 | €79,594 | €74,962 | -€4,631 | -5.8% |
| Amounts payable after more than one year | 17 | €70,000 | €70,000 | = | 0.0% |
| Financial debts | 170/4 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,594 | €4,962 | -€4,631 | -48.3% |
| Trade debts | 44 | €1,716 | €825 | -€891 | -51.9% |
| Suppliers | 440/4 | €1,716 | €825 | -€891 | -51.9% |
| Taxes, remuneration and social security | 45 | €213 | €78 | -€134 | -63.1% |
| Taxes | 450/3 | €213 | €78 | -€134 | -63.1% |
| Other amounts payable | 47/48 | €7,665 | €4,058 | -€3,607 | -47.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,995 | €1,450 | -€545 | -27.3% |
| Other operating charges | 640/8 | €671 | €514 | -€157 | -23.4% |
| Gross operating margin | 9900 | €9,852 | -€2,316 | -€12,168 | |
| Operating profit (loss) | 9901 | €7,186 | -€4,280 | -€11,466 | |
| Financial charges | 65/66B | €95 | €91 | -€5 | -4.8% |
| Recurring financial charges | 65 | €95 | €91 | -€5 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €7,091 | -€4,370 | -€11,461 | |
| Income taxes | 67/77 | €252 | €130 | -€122 | -48.5% |
| Profit (loss) for the period | 9904 | €6,839 | -€4,500 | -€11,339 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,839 | -€4,500 | -€11,339 |
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.