KEY - DATA: 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 - DATA
Largest movements
- Cash -€6,239
down €6,239 (-30.6%), from €20,396 to €14,157
mainly Other debts (-€6,247) and Receivables within one year (-€6,161)
- Receivables within one year +€6,161
up €6,161 (+174.1%), from €3,539 to €9,700
of which Trade receivables: +€6,676
- Tangible fixed assets -€425
down €425 (-69.8%), from €609 to €184
- Other debts -€6,247
down €6,247 (-54.0%), from €11,566 to €5,319
- Profit (loss) carried forward +€4,095
up €4,095 (+9.5%), from -€43,228 to -€39,134
- Tax, wage and social debts +€1,126
new in 2025: €1,126
- Trade debts +€758
up €758 (+590.2%), from €128 to €887
- Gross operating margin +€14,887
up €14,887, from -€6,838 to €8,049
- Other operating charges +€1,208
up €1,208 (+276.2%), from €437 to €1,646
- Taxes +€137
up €137 (+8.1%), from €1,681 to €1,818
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 | €25,808 | €25,540 | -€268 | -1.0% |
| Fixed assets | 21/28 | €609 | €184 | -€425 | -69.8% |
| Tangible fixed assets | 22/27 | €609 | €184 | -€425 | -69.8% |
| Furniture and vehicles | 24 | €609 | €184 | -€425 | -69.8% |
| Current assets | 29/58 | €25,199 | €25,356 | +€158 | +0.6% |
| Amounts receivable within one year | 40/41 | €3,539 | €9,700 | +€6,161 | +174.1% |
| Trade receivables | 40 | €3,024 | €9,700 | +€6,676 | +220.8% |
| Other amounts receivable | 41 | €514 | - | -€514 | |
| Cash at bank and in hand | 54/58 | €20,396 | €14,157 | -€6,239 | -30.6% |
| Deferred charges and accrued income | 490/1 | €1,264 | €1,499 | +€235 | +18.6% |
| Total equity and liabilities | 10/49 | €25,808 | €25,540 | -€268 | -1.0% |
| Equity | 10/15 | -€41,865 | -€37,770 | +€4,095 | +9.8% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Capital | 10 | €1,239 | €1,239 | = | 0.0% |
| Issued capital | 100 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €124 | €124 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124 | €124 | = | 0.0% |
| Legal reserve | 130 | €124 | €124 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,228 | -€39,134 | +€4,095 | +9.5% |
| Amounts payable | 17/49 | €67,673 | €63,310 | -€4,362 | -6.4% |
| Amounts payable after more than one year | 17 | €55,978 | €55,978 | = | 0.0% |
| Other amounts payable | 178/9 | €55,978 | €55,978 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,694 | €7,332 | -€4,362 | -37.3% |
| Trade debts | 44 | €128 | €887 | +€758 | +590.2% |
| Suppliers | 440/4 | €128 | €887 | +€758 | +590.2% |
| Taxes, remuneration and social security | 45 | - | €1,126 | +€1,126 | |
| Taxes | 450/3 | - | €1,126 | +€1,126 | |
| Other amounts payable | 47/48 | €11,566 | €5,319 | -€6,247 | -54.0% |
| Non-recurring operating income | 76A | - | €3,500 | +€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €425 | €425 | = | 0.0% |
| Other operating charges | 640/8 | €437 | €1,646 | +€1,208 | +276.2% |
| Gross operating margin | 9900 | -€6,838 | €8,049 | +€14,887 | |
| Operating profit (loss) | 9901 | -€7,701 | €5,978 | +€13,679 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €61 | €65 | +€4 | +7.0% |
| Recurring financial charges | 65 | €61 | €65 | +€4 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,762 | €5,912 | +€13,675 | |
| Income taxes | 67/77 | €1,681 | €1,818 | +€137 | +8.1% |
| Profit (loss) for the period | 9904 | -€9,443 | €4,095 | +€13,538 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,443 | €4,095 | +€13,538 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.