L-EVENTS: what changed
Two financial 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.
L-EVENTS
Largest movements
- Cash -€886,220
down €886,220 (-97.5%), from €909,006 to €22,786
mainly Other debts (-€1.0m) and Investment in fixed assets (net) (-€1,000)
- Receivables within one year -€55,199
down €55,199 (-17.8%), from €310,471 to €255,272
of which Other amounts receivable: -€54,198
- Other debts -€1.0m
down €1.0m (-20.6%), from €4.9m to €3.9m
- Reserves +€73,564
up €73,564 (+24.6%), from €298,763 to €372,328
- Financial charges -€15,867
down €15,867 (-99.7%), from €15,911 to €44
- Financial income -€10,177
down €10,177 (-47.9%), from €21,230 to €11,053
- Gross operating margin +€8,395
up €8,395 (+10.2%), from €82,695 to €91,089
- Taxes +€8,030
up €8,030 (+42.0%), from €19,100 to €27,130
- Other operating charges -€6,482
down €6,482 (-85.6%), from €7,572 to €1,090
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.
Derived cash bridge
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 | €5,261,202 | €4,320,469 | -€940,733 | -17.9% |
| Fixed assets | 21/28 | €4,041,725 | €4,042,411 | +€686 | 0.0% |
| Tangible fixed assets | 22/27 | €875 | €561 | -€314 | -35.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €875 | €561 | -€314 | -35.9% |
| Financial fixed assets | 28 | €4,040,850 | €4,041,850 | +€1,000 | 0.0% |
| Current assets | 29/58 | €1,219,477 | €278,058 | -€941,419 | -77.2% |
| Amounts receivable within one year | 40/41 | €310,471 | €255,272 | -€55,199 | -17.8% |
| Trade receivables | 40 | €11,449 | €10,448 | -€1,001 | -8.7% |
| Other amounts receivable | 41 | €299,022 | €244,824 | -€54,198 | -18.1% |
| Cash at bank and in hand | 54/58 | €909,006 | €22,786 | -€886,220 | -97.5% |
| Total equity and liabilities | 10/49 | €5,261,202 | €4,320,469 | -€940,733 | -17.9% |
| Equity | 10/15 | €317,763 | €391,328 | +€73,564 | +23.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €298,763 | €372,328 | +€73,564 | +24.6% |
| Distributable reserves | 133 | €298,763 | €372,328 | +€73,564 | +24.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,943,438 | €3,929,141 | -€1.0m | -20.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €4,943,438 | €3,929,141 | -€1.0m | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,110 | €3,800 | +€690 | +22.2% |
| Suppliers | 440/4 | €3,110 | €3,800 | +€690 | +22.2% |
| Taxes, remuneration and social security | 45 | €30 | €4,160 | +€4,130 | +13,766% |
| Taxes | 450/3 | €30 | €4,160 | +€4,130 | +13,766% |
| Other amounts payable | 47/48 | €4,940,298 | €3,921,181 | -€1.0m | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €314 | €314 | = | 0.0% |
| Other operating charges | 640/8 | €7,572 | €1,090 | -€6,482 | -85.6% |
| Gross operating margin | 9900 | €82,695 | €91,089 | +€8,395 | +10.2% |
| Operating profit (loss) | 9901 | €74,809 | €89,686 | +€14,877 | +19.9% |
| Financial income | 75/76B | €21,230 | €11,053 | -€10,177 | -47.9% |
| Recurring financial income | 75 | €21,230 | €11,053 | -€10,177 | -47.9% |
| Financial charges | 65/66B | €15,911 | €44 | -€15,867 | -99.7% |
| Recurring financial charges | 65 | €15,911 | €44 | -€15,867 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | €80,127 | €100,694 | +€20,567 | +25.7% |
| Income taxes | 67/77 | €19,100 | €27,130 | +€8,030 | +42.0% |
| Profit (loss) for the period | 9904 | €61,027 | €73,564 | +€12,537 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,027 | €73,564 | +€12,537 | +20.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.