Label 180: 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.
Label 180
Largest movements
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Stocks and contracts +€48,657
up €48,657 (+41.8%), from €116,275 to €164,932
- Receivables within one year +€11,097
up €11,097 (+45.9%), from €24,192 to €35,289
of which Trade receivables: +€10,721
- Receivables after one year -€6,834
down €6,834 (-67.0%), from €10,197 to €3,362
- Cash -€3,460
down €3,460 (-7.5%), from €45,999 to €42,539
mainly Stocks and contracts (-€48,657) and Short-term financial debts (-€25,000)
- Debts after one year +€29,908
up €29,908 (+1714.6%), from €1,744 to €31,652
- Short-term financial debts -€25,000
down €25,000 (-25.0%), from €100,000 to €75,000
- Trade debts -€12,409
down €12,409 (-37.3%), from €33,300 to €20,891
- Tax, wage and social debts +€4,826
up €4,826 (+2419.6%), from €199 to €5,026
- Current portion of long-term debt +€3,100
up €3,100 (+20.2%), from €15,313 to €18,413
- Gross operating margin +€9,016
up €9,016, from -€73 to €8,943
- Financial charges +€1,435
up €1,435 (+28.1%), from €5,103 to €6,538
- Staff costs +€833
new in 2025: €833
- Depreciation +€632
up €632 (+168.2%), from €376 to €1,007
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 | €253,945 | €255,086 | +€1,140 | +0.4% |
| Fixed assets | 21/28 | €7,080 | €8,502 | +€1,423 | +20.1% |
| Tangible fixed assets | 22/27 | €7,080 | €8,502 | +€1,423 | +20.1% |
| Land and buildings | 22 | €6,187 | €7,961 | +€1,775 | +28.7% |
| Furniture and vehicles | 24 | €893 | €541 | -€352 | -39.4% |
| Current assets | 29/58 | €246,866 | €246,583 | -€282 | -0.1% |
| Amounts receivable after more than one year | 29 | €10,197 | €3,362 | -€6,834 | -67.0% |
| Other amounts receivable | 291 | €10,197 | €3,362 | -€6,834 | -67.0% |
| Stocks and contracts in progress | 3 | €116,275 | €164,932 | +€48,657 | +41.8% |
| Stocks | 30/36 | €116,275 | €164,932 | +€48,657 | +41.8% |
| Amounts receivable within one year | 40/41 | €24,192 | €35,289 | +€11,097 | +45.9% |
| Trade receivables | 40 | €14,192 | €24,913 | +€10,721 | +75.5% |
| Other amounts receivable | 41 | €10,000 | €10,376 | +€376 | +3.8% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €45,999 | €42,539 | -€3,460 | -7.5% |
| Deferred charges and accrued income | 490/1 | €204 | €462 | +€258 | +126.4% |
| Total equity and liabilities | 10/49 | €253,945 | €255,086 | +€1,140 | +0.4% |
| Equity | 10/15 | €93,217 | €93,762 | +€546 | +0.6% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €13,217 | €13,762 | +€546 | +4.1% |
| Distributable reserves | 133 | €13,217 | €13,762 | +€546 | +4.1% |
| Amounts payable | 17/49 | €160,729 | €161,324 | +€595 | +0.4% |
| Amounts payable after more than one year | 17 | €1,744 | €31,652 | +€29,908 | +1714.6% |
| Financial debts | 170/4 | €1,744 | €31,652 | +€29,908 | +1714.6% |
| Amounts payable within one year | 42/48 | €158,985 | €129,672 | -€29,313 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €15,313 | €18,413 | +€3,100 | +20.2% |
| Financial debts | 43 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Credit institutions | 430/8 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Trade debts | 44 | €33,300 | €20,891 | -€12,409 | -37.3% |
| Suppliers | 440/4 | €33,300 | €20,891 | -€12,409 | -37.3% |
| Taxes, remuneration and social security | 45 | €199 | €5,026 | +€4,826 | +2419.6% |
| Taxes | 450/3 | €199 | €5,026 | +€4,826 | +2419.6% |
| Other amounts payable | 47/48 | €10,172 | €10,342 | +€170 | +1.7% |
| Remuneration, social security and pensions | 62 | - | €833 | +€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €376 | €1,007 | +€632 | +168.2% |
| Other operating charges | 640/8 | €502 | €560 | +€58 | +11.5% |
| Gross operating margin | 9900 | -€73 | €8,943 | +€9,016 | |
| Operating profit (loss) | 9901 | -€951 | €6,542 | +€7,492 | |
| Financial income | 75/76B | €575 | €542 | -€33 | -5.7% |
| Recurring financial income | 75 | €575 | €542 | -€33 | -5.7% |
| Financial charges | 65/66B | €5,103 | €6,538 | +€1,435 | +28.1% |
| Recurring financial charges | 65 | €5,103 | €6,538 | +€1,435 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,479 | €546 | +€6,025 | |
| Profit (loss) for the period | 9904 | -€5,479 | €546 | +€6,025 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,479 | €546 | +€6,025 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.