LECTUUR: 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.
LECTUUR
Largest movements
- Cash -€6,913
down €6,913 (-39.8%), from €17,356 to €10,443
mainly Other debts (-€26,903) and Debts after one year (-€13,405)
- Tangible fixed assets -€6,196
down €6,196 (-2.6%), from €241,128 to €234,932
of which Land and buildings: -€5,441
- Intangible fixed assets -€5,433
down €5,433 (-15.5%), from €35,036 to €29,603
- Other debts -€26,903
down €26,903 (-58.2%), from €46,202 to €19,299
- Debts after one year -€13,405
down €13,405 (-6.7%), from €198,651 to €185,246
of which Financial debts: -€8,025
- Reserves +€12,000
up €12,000 (+35.3%), from €34,000 to €46,000
- Profit (loss) carried forward +€10,152
up €10,152, from -€10,097 to €55
- Tax, wage and social debts +€3,334
up €3,334 (+28.7%), from €11,630 to €14,965
of which Taxes: +€4,627
- Depreciation -€27,202
down €27,202 (-70.1%), from €38,831 to €11,628
- Gross operating margin +€14,992
up €14,992 (+19.6%), from €76,630 to €91,622
- Taxes +€5,181
up €5,181 (+4119.8%), from €126 to €5,307
- Staff costs +€2,456
up €2,456 (+6.1%), from €40,070 to €42,526
- Financial charges +€1,331
up €1,331 (+18.1%), from €7,350 to €8,681
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 | €300,941 | €286,319 | -€14,622 | -4.9% |
| Fixed assets | 21/28 | €276,164 | €264,536 | -€11,628 | -4.2% |
| Intangible fixed assets | 21 | €35,036 | €29,603 | -€5,433 | -15.5% |
| Tangible fixed assets | 22/27 | €241,128 | €234,932 | -€6,196 | -2.6% |
| Land and buildings | 22 | €239,003 | €233,562 | -€5,441 | -2.3% |
| Plant, machinery and equipment | 23 | €1,950 | €1,370 | -€580 | -29.7% |
| Furniture and vehicles | 24 | €175 | €0 | -€175 | -100.0% |
| Current assets | 29/58 | €24,777 | €21,784 | -€2,994 | -12.1% |
| Amounts receivable within one year | 40/41 | €7,219 | €9,646 | +€2,427 | +33.6% |
| Trade receivables | 40 | €7,219 | €9,195 | +€1,977 | +27.4% |
| Other amounts receivable | 41 | - | €450 | +€450 | |
| Cash at bank and in hand | 54/58 | €17,356 | €10,443 | -€6,913 | -39.8% |
| Deferred charges and accrued income | 490/1 | €203 | €1,695 | +€1,492 | +735.2% |
| Total equity and liabilities | 10/49 | €300,941 | €286,319 | -€14,622 | -4.9% |
| Equity | 10/15 | €28,903 | €51,055 | +€22,152 | +76.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €34,000 | €46,000 | +€12,000 | +35.3% |
| Distributable reserves | 133 | €34,000 | €46,000 | +€12,000 | +35.3% |
| Profit (loss) carried forward | 14 | -€10,097 | €55 | +€10,152 | |
| Amounts payable | 17/49 | €272,038 | €235,264 | -€36,774 | -13.5% |
| Amounts payable after more than one year | 17 | €198,651 | €185,246 | -€13,405 | -6.7% |
| Financial debts | 170/4 | €167,871 | €159,846 | -€8,025 | -4.8% |
| Trade debts | 175 | €30,780 | €25,400 | -€5,380 | -17.5% |
| Amounts payable within one year | 42/48 | €73,387 | €50,018 | -€23,369 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €6,538 | €8,025 | +€1,487 | +22.7% |
| Trade debts | 44 | €9,016 | €7,729 | -€1,287 | -14.3% |
| Suppliers | 440/4 | €9,016 | €7,729 | -€1,287 | -14.3% |
| Taxes, remuneration and social security | 45 | €11,630 | €14,965 | +€3,334 | +28.7% |
| Taxes | 450/3 | €6,106 | €10,733 | +€4,627 | +75.8% |
| Remuneration and social security | 454/9 | €5,525 | €4,232 | -€1,293 | -23.4% |
| Other amounts payable | 47/48 | €46,202 | €19,299 | -€26,903 | -58.2% |
| Remuneration, social security and pensions | 62 | €40,070 | €42,526 | +€2,456 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,831 | €11,628 | -€27,202 | -70.1% |
| Other operating charges | 640/8 | €516 | €1,327 | +€812 | +157.3% |
| Gross operating margin | 9900 | €76,630 | €91,622 | +€14,992 | +19.6% |
| Operating profit (loss) | 9901 | -€2,787 | €36,140 | +€38,927 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -83.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -83.3% |
| Financial charges | 65/66B | €7,350 | €8,681 | +€1,331 | +18.1% |
| Recurring financial charges | 65 | €7,350 | €8,681 | +€1,331 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,137 | €27,459 | +€37,596 | |
| Income taxes | 67/77 | €126 | €5,307 | +€5,181 | +4119.8% |
| Profit (loss) for the period | 9904 | -€10,262 | €22,152 | +€32,415 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,262 | €22,152 | +€32,415 |
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 11 October 2026 via checked.be.