L & S: 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.
L & S
Largest movements
- Tangible fixed assets -€5,199
down €5,199 (-46.4%), from €11,200 to €6,001
of which Furniture and vehicles: -€4,800
- Receivables within one year -€1,501
down €1,501 (-90.5%), from €1,658 to €158
- Cash +€1,116
up €1,116 (+84.3%), from €1,324 to €2,440
mainly Depreciation (+€5,199) and Other debts (+€1,860)
- Profit (loss) carried forward -€7,371
down €7,371 (-22.4%), from -€32,924 to -€40,295
- Other debts +€1,860
up €1,860 (+4.8%), from €38,777 to €40,637
- Gross operating margin +€9,782
up €9,782 (+87.1%), from -€11,228 to -€1,445
- Other operating charges -€332
down €332 (-45.9%), from €724 to €392
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 | €14,182 | €8,598 | -€5,583 | -39.4% |
| Fixed assets | 21/28 | €11,200 | €6,001 | -€5,199 | -46.4% |
| Tangible fixed assets | 22/27 | €11,200 | €6,001 | -€5,199 | -46.4% |
| Land and buildings | 22 | €798 | €399 | -€399 | -50.0% |
| Furniture and vehicles | 24 | €10,402 | €5,602 | -€4,800 | -46.1% |
| Current assets | 29/58 | €2,982 | €2,597 | -€385 | -12.9% |
| Amounts receivable within one year | 40/41 | €1,658 | €158 | -€1,501 | -90.5% |
| Other amounts receivable | 41 | €1,658 | €158 | -€1,501 | -90.5% |
| Cash at bank and in hand | 54/58 | €1,324 | €2,440 | +€1,116 | +84.3% |
| Total equity and liabilities | 10/49 | €14,182 | €8,598 | -€5,583 | -39.4% |
| Equity | 10/15 | -€26,724 | -€34,095 | -€7,371 | -27.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,924 | -€40,295 | -€7,371 | -22.4% |
| Amounts payable | 17/49 | €40,906 | €42,693 | +€1,787 | +4.4% |
| Amounts payable within one year | 42/48 | €40,906 | €42,693 | +€1,787 | +4.4% |
| Trade debts | 44 | €1,645 | €1,534 | -€111 | -6.8% |
| Suppliers | 440/4 | €1,645 | €1,534 | -€111 | -6.8% |
| Taxes, remuneration and social security | 45 | €483 | €522 | +€39 | +8.0% |
| Taxes | 450/3 | €483 | €522 | +€39 | +8.0% |
| Other amounts payable | 47/48 | €38,777 | €40,637 | +€1,860 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,199 | €5,199 | = | 0.0% |
| Other operating charges | 640/8 | €724 | €392 | -€332 | -45.9% |
| Gross operating margin | 9900 | -€11,228 | -€1,445 | +€9,782 | +87.1% |
| Operating profit (loss) | 9901 | -€17,151 | -€7,036 | +€10,115 | +59.0% |
| Financial income | 75/76B | €11 | €8 | -€2 | -21.0% |
| Recurring financial income | 75 | €11 | €8 | -€2 | -21.0% |
| Financial charges | 65/66B | €104 | €168 | +€64 | +61.1% |
| Recurring financial charges | 65 | €104 | €168 | +€64 | +61.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,245 | -€7,196 | +€10,049 | +58.3% |
| Income taxes | 67/77 | €165 | €175 | +€10 | +5.8% |
| Profit (loss) for the period | 9904 | -€17,410 | -€7,371 | +€10,039 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,410 | -€7,371 | +€10,039 | +57.7% |
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 6 October 2026 via checked.be.