KEY CONSULT: 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.
KEY CONSULT
Largest movements
- Cash +€100,470
up €100,470 (+55.9%), from €179,677 to €280,148
mainly Net result for the year (+€107,955) and Tax, wage and social debts (+€10,991)
- Receivables within one year +€21,296
up €21,296 (+100.0%), from €21,296 to €42,592
- Tangible fixed assets -€7,318
down €7,318 (-3.4%), from €213,288 to €205,969
of which Furniture and vehicles: -€4,050
- Reserves +€100,000
up €100,000 (+476.2%), from €21,000 to €121,000
- Tax, wage and social debts +€10,991
up €10,991 (+86.2%), from €12,743 to €23,734
- Profit (loss) carried forward +€6,955
up €6,955 (+18.1%), from €38,534 to €45,489
- Gross operating margin +€127,205
up €127,205 (+265.0%), from €48,010 to €175,215
- Taxes +€40,277
up €40,277 (+323.9%), from €12,436 to €52,712
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 | €414,261 | €529,151 | +€114,890 | +27.7% |
| Fixed assets | 21/28 | €213,288 | €205,969 | -€7,318 | -3.4% |
| Tangible fixed assets | 22/27 | €213,288 | €205,969 | -€7,318 | -3.4% |
| Land and buildings | 22 | €208,198 | €204,929 | -€3,269 | -1.6% |
| Furniture and vehicles | 24 | €5,090 | €1,040 | -€4,050 | -79.6% |
| Current assets | 29/58 | €200,973 | €323,182 | +€122,209 | +60.8% |
| Amounts receivable within one year | 40/41 | €21,296 | €42,592 | +€21,296 | +100.0% |
| Trade receivables | 40 | €21,296 | €42,592 | +€21,296 | +100.0% |
| Cash at bank and in hand | 54/58 | €179,677 | €280,148 | +€100,470 | +55.9% |
| Deferred charges and accrued income | 490/1 | - | €442 | +€442 | |
| Total equity and liabilities | 10/49 | €414,261 | €529,151 | +€114,890 | +27.7% |
| Equity | 10/15 | €278,134 | €385,089 | +€106,955 | +38.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €21,000 | €121,000 | +€100,000 | +476.2% |
| Distributable reserves | 133 | €21,000 | €121,000 | +€100,000 | +476.2% |
| Profit (loss) carried forward | 14 | €38,534 | €45,489 | +€6,955 | +18.1% |
| Amounts payable | 17/49 | €136,127 | €144,062 | +€7,935 | +5.8% |
| Amounts payable after more than one year | 17 | €113,926 | €113,926 | = | 0.0% |
| Financial debts | 170/4 | €113,926 | €113,926 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,093 | €29,458 | +€11,365 | +62.8% |
| Trade debts | 44 | €1,860 | €1,594 | -€266 | -14.3% |
| Suppliers | 440/4 | €1,860 | €1,594 | -€266 | -14.3% |
| Taxes, remuneration and social security | 45 | €12,743 | €23,734 | +€10,991 | +86.2% |
| Taxes | 450/3 | €12,743 | €23,734 | +€10,991 | +86.2% |
| Other amounts payable | 47/48 | €3,490 | €4,130 | +€640 | +18.4% |
| Accrued charges and deferred income | 492/3 | €4,108 | €678 | -€3,430 | -83.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,318 | €7,318 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,660 | €1,963 | +€302 | +18.2% |
| Gross operating margin | 9900 | €48,010 | €175,215 | +€127,205 | +265.0% |
| Operating profit (loss) | 9901 | €39,031 | €165,934 | +€126,903 | +325.1% |
| Financial charges | 65/66B | €5,314 | €5,266 | -€47 | -0.9% |
| Recurring financial charges | 65 | €5,314 | €5,266 | -€47 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €33,718 | €160,668 | +€126,950 | +376.5% |
| Income taxes | 67/77 | €12,436 | €52,712 | +€40,277 | +323.9% |
| Profit (loss) for the period | 9904 | €21,282 | €107,955 | +€86,673 | +407.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,282 | €107,955 | +€86,673 | +407.3% |
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 1 October 2026 via checked.be.