LAY - OUT: 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.
LAY - OUT
Largest movements
- Tangible fixed assets +€15,615
up €15,615 (+8.4%), from €184,792 to €200,407
of which Plant, machinery and equipment: +€19,280
- Other debts +€25,828
up €25,828 (+14.6%), from €176,463 to €202,291
- Profit (loss) carried forward -€6,816
down €6,816 (-2.9%), from -€235,060 to -€241,875
- Gross operating margin +€1,987
up €1,987 (+843.6%), from €236 to €2,223
- Depreciation +€910
up €910 (+23.9%), from €3,815 to €4,725
- Other operating charges -€771
down €771 (-16.2%), from €4,753 to €3,982
- Taxes -€435
no longer reported in 2025 (was €435)
- Financial charges +€34
up €34 (+11.5%), from €298 to €332
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 | €186,165 | €203,232 | +€17,067 | +9.2% |
| Fixed assets | 21/28 | €186,042 | €201,657 | +€15,615 | +8.4% |
| Tangible fixed assets | 22/27 | €184,792 | €200,407 | +€15,615 | +8.4% |
| Land and buildings | 22 | €184,792 | €181,127 | -€3,665 | -2.0% |
| Plant, machinery and equipment | 23 | - | €19,280 | +€19,280 | |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €123 | €1,576 | +€1,452 | +1178.4% |
| Amounts receivable within one year | 40/41 | - | €1,239 | +€1,239 | |
| Trade receivables | 40 | - | €913 | +€913 | |
| Other amounts receivable | 41 | - | €326 | +€326 | |
| Cash at bank and in hand | 54/58 | €123 | €337 | +€214 | +173.3% |
| Total equity and liabilities | 10/49 | €186,165 | €203,232 | +€17,067 | +9.2% |
| Equity | 10/15 | -€63,754 | -€70,570 | -€6,816 | -10.7% |
| Contributions | 10/11 | €154,605 | €154,605 | = | 0.0% |
| Reserves | 13 | €16,700 | €16,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,700 | - | -€16,700 | |
| Reserves not available under the articles | 1311 | €16,700 | - | -€16,700 | |
| Distributable reserves | 133 | - | €16,700 | +€16,700 | |
| Profit (loss) carried forward | 14 | -€235,060 | -€241,875 | -€6,816 | -2.9% |
| Amounts payable | 17/49 | €249,919 | €273,802 | +€23,883 | +9.6% |
| Amounts payable within one year | 42/48 | €249,919 | €273,802 | +€23,883 | +9.6% |
| Trade debts | 44 | €72,563 | €71,511 | -€1,052 | -1.5% |
| Suppliers | 440/4 | €72,563 | €71,511 | -€1,052 | -1.5% |
| Taxes, remuneration and social security | 45 | €893 | - | -€893 | |
| Taxes | 450/3 | €893 | - | -€893 | |
| Other amounts payable | 47/48 | €176,463 | €202,291 | +€25,828 | +14.6% |
| Non-recurring operating income | 76A | - | €913 | +€913 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,815 | €4,725 | +€910 | +23.9% |
| Other operating charges | 640/8 | €4,753 | €3,982 | -€771 | -16.2% |
| Gross operating margin | 9900 | €236 | €2,223 | +€1,987 | +843.6% |
| Operating profit (loss) | 9901 | -€8,332 | -€6,484 | +€1,848 | +22.2% |
| Financial charges | 65/66B | €298 | €332 | +€34 | +11.5% |
| Recurring financial charges | 65 | €298 | €332 | +€34 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,630 | -€6,816 | +€1,814 | +21.0% |
| Income taxes | 67/77 | €435 | - | -€435 | |
| Profit (loss) for the period | 9904 | -€9,066 | -€6,816 | +€2,250 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,066 | -€6,816 | +€2,250 | +24.8% |
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.