LE CLASSIK: 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.
LE CLASSIK
Largest movements
- Cash -€140,762
down €140,762 (-85.0%), from €165,587 to €24,825
mainly Other debts (-€226,896) and Tax, wage and social debts (-€16,628)
- Current investments -€75,000
down €75,000 (-50.0%), from €150,000 to €75,000
- Receivables within one year -€39,553
down €39,553 (-85.8%), from €46,100 to €6,547
of which Trade receivables: -€39,313
- Other debts -€226,896
down €226,896 (-73.5%), from €308,524 to €81,628
- Tax, wage and social debts -€16,628
down €16,628 (-87.3%), from €19,056 to €2,428
of which Remuneration and social security: -€13,888
- Trade debts -€11,908
down €11,908 (-96.9%), from €12,295 to €387
- Gross operating margin -€52,270
down €52,270 (-54.8%), from €95,400 to €43,130
- Staff costs -€37,183
down €37,183 (-48.7%), from €76,303 to €39,120
- Write-downs +€4,969
new in 2025: €4,969
- Taxes -€4,764
down €4,764 (-85.0%), from €5,603 to €838
- Other operating charges -€2,043
down €2,043 (-71.0%), from €2,877 to €834
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 | €361,687 | €106,373 | -€255,315 | -70.6% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €361,687 | €106,373 | -€255,315 | -70.6% |
| Amounts receivable within one year | 40/41 | €46,100 | €6,547 | -€39,553 | -85.8% |
| Trade receivables | 40 | €45,860 | €6,547 | -€39,313 | -85.7% |
| Other amounts receivable | 41 | €240 | €0 | -€240 | -100.0% |
| Current investments | 50/53 | €150,000 | €75,000 | -€75,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €165,587 | €24,825 | -€140,762 | -85.0% |
| Total equity and liabilities | 10/49 | €361,687 | €106,373 | -€255,315 | -70.6% |
| Equity | 10/15 | €21,812 | €21,930 | +€117 | +0.5% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Reserves | 13 | €1,980 | €1,980 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,980 | €0 | -€1,980 | -100.0% |
| Reserves not available under the articles | 1311 | €1,980 | €0 | -€1,980 | -100.0% |
| Distributable reserves | 133 | - | €1,980 | +€1,980 | |
| Profit (loss) carried forward | 14 | €32 | €150 | +€117 | +364.2% |
| Amounts payable | 17/49 | €339,875 | €84,443 | -€255,432 | -75.2% |
| Amounts payable within one year | 42/48 | €339,875 | €84,443 | -€255,432 | -75.2% |
| Trade debts | 44 | €12,295 | €387 | -€11,908 | -96.9% |
| Suppliers | 440/4 | €12,295 | €387 | -€11,908 | -96.9% |
| Taxes, remuneration and social security | 45 | €19,056 | €2,428 | -€16,628 | -87.3% |
| Taxes | 450/3 | €5,167 | €2,428 | -€2,740 | -53.0% |
| Remuneration and social security | 454/9 | €13,888 | €0 | -€13,888 | -100.0% |
| Other amounts payable | 47/48 | €308,524 | €81,628 | -€226,896 | -73.5% |
| Remuneration, social security and pensions | 62 | €76,303 | €39,120 | -€37,183 | -48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €441 | €0 | -€441 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,969 | +€4,969 | |
| Other operating charges | 640/8 | €2,877 | €834 | -€2,043 | -71.0% |
| Gross operating margin | 9900 | €95,400 | €43,130 | -€52,270 | -54.8% |
| Operating profit (loss) | 9901 | €15,779 | -€1,793 | -€17,572 | |
| Financial income | 75/76B | €2,892 | €3,465 | +€573 | +19.8% |
| Recurring financial income | 75 | €2,892 | €3,465 | +€573 | +19.8% |
| Financial charges | 65/66B | €185 | €716 | +€531 | +287.0% |
| Recurring financial charges | 65 | €185 | €716 | +€531 | +287.0% |
| Profit (loss) for the period before taxes | 9903 | €18,485 | €956 | -€17,530 | -94.8% |
| Income taxes | 67/77 | €5,603 | €838 | -€4,764 | -85.0% |
| Profit (loss) for the period | 9904 | €12,883 | €117 | -€12,765 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,883 | €117 | -€12,765 | -99.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.