LAW MACHINE: 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.
LAW MACHINE
Largest movements
- Receivables within one year -€3,495
down €3,495 (-79.0%), from €4,422 to €927
- Tangible fixed assets -€2,959
down €2,959 (-42.5%), from €6,963 to €4,003
- Current investments +€250
new in 2025: €250
- Profit (loss) carried forward -€4,441
down €4,441, from €3,052 to -€1,390
- Other debts -€1,665
down €1,665 (-44.2%), from €3,766 to €2,101
- Tax, wage and social debts -€440
no longer reported in 2025 (was €440)
- Trade debts +€374
up €374 (+2884.1%), from €13 to €387
- Gross operating margin -€11,884
down €11,884, from €10,842 to -€1,042
- Taxes -€1,940
no longer reported in 2025 (was €1,940)
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 | €13,470 | €7,299 | -€6,172 | -45.8% |
| Fixed assets | 21/28 | €6,963 | €4,003 | -€2,959 | -42.5% |
| Tangible fixed assets | 22/27 | €6,963 | €4,003 | -€2,959 | -42.5% |
| Furniture and vehicles | 24 | €6,963 | €4,003 | -€2,959 | -42.5% |
| Current assets | 29/58 | €6,508 | €3,296 | -€3,212 | -49.4% |
| Amounts receivable within one year | 40/41 | €4,422 | €927 | -€3,495 | -79.0% |
| Trade receivables | 40 | €4,422 | €927 | -€3,495 | -79.0% |
| Current investments | 50/53 | - | €250 | +€250 | |
| Cash at bank and in hand | 54/58 | €2,085 | €2,118 | +€33 | +1.6% |
| Total equity and liabilities | 10/49 | €13,470 | €7,299 | -€6,172 | -45.8% |
| Equity | 10/15 | €9,252 | €4,811 | -€4,441 | -48.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,052 | -€1,390 | -€4,441 | |
| Amounts payable | 17/49 | €4,218 | €2,488 | -€1,730 | -41.0% |
| Amounts payable within one year | 42/48 | €4,218 | €2,488 | -€1,730 | -41.0% |
| Trade debts | 44 | €13 | €387 | +€374 | +2884.1% |
| Suppliers | 440/4 | €13 | €387 | +€374 | +2884.1% |
| Taxes, remuneration and social security | 45 | €440 | - | -€440 | |
| Taxes | 450/3 | €440 | - | -€440 | |
| Other amounts payable | 47/48 | €3,766 | €2,101 | -€1,665 | -44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,924 | €2,959 | +€36 | +1.2% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €10,842 | -€1,042 | -€11,884 | |
| Operating profit (loss) | 9901 | €7,534 | -€4,389 | -€11,922 | |
| Financial charges | 65/66B | €28 | €53 | +€25 | +89.3% |
| Recurring financial charges | 65 | €28 | €53 | +€25 | +89.3% |
| Profit (loss) for the period before taxes | 9903 | €7,506 | -€4,441 | -€11,947 | |
| Income taxes | 67/77 | €1,940 | - | -€1,940 | |
| Profit (loss) for the period | 9904 | €5,566 | -€4,441 | -€10,008 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,566 | -€4,441 | -€10,008 |
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.