LET’S BOOST !: 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.
LET’S BOOST !
Largest movements
- Cash +€65,320
up €65,320 (+40.4%), from €161,774 to €227,095
mainly Other debts (+€108,752) and Net result for the year (+€102,892)
- Tangible fixed assets -€8,443
down €8,443 (-16.9%), from €49,983 to €41,541
of which Other tangible fixed assets: -€4,285
- Deferred charges and accrued income -€6,975
down €6,975 (-44.0%), from €15,852 to €8,877
- Stocks and contracts -€4,701
no longer reported in 2025 (was €4,701)
- Other debts +€108,752
up €108,752 (+609%), from €17,858 to €126,610
- Profit (loss) carried forward -€40,520
down €40,520 (-14.7%), from €276,120 to €235,600
- Tax, wage and social debts -€18,521
down €18,521 (-33.4%), from €55,533 to €37,012
- Short-term financial debts -€4,082
no longer reported in 2025 (was €4,082)
- Gross operating margin -€26,288
down €26,288 (-15.1%), from €173,650 to €147,361
- Write-downs +€14,112
no longer reported in 2025 (was -€14,112)
- Taxes -€10,467
down €10,467 (-26.1%), from €40,143 to €29,676
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.
Derived cash bridge
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 | €360,462 | €407,366 | +€46,905 | +13.0% |
| Fixed assets | 21/28 | €49,983 | €41,541 | -€8,443 | -16.9% |
| Tangible fixed assets | 22/27 | €49,983 | €41,541 | -€8,443 | -16.9% |
| Plant, machinery and equipment | 23 | €4,666 | €3,261 | -€1,405 | -30.1% |
| Furniture and vehicles | 24 | €9,348 | €6,596 | -€2,752 | -29.4% |
| Other tangible fixed assets | 26 | €35,969 | €31,684 | -€4,285 | -11.9% |
| Current assets | 29/58 | €310,478 | €365,826 | +€55,347 | +17.8% |
| Stocks and contracts in progress | 3 | €4,701 | - | -€4,701 | |
| Stocks | 30/36 | €4,701 | - | -€4,701 | |
| Amounts receivable within one year | 40/41 | €128,151 | €129,853 | +€1,703 | +1.3% |
| Trade receivables | 40 | €0 | €1,575 | +€1,575 | |
| Other amounts receivable | 41 | €128,151 | €128,278 | +€127 | +0.1% |
| Cash at bank and in hand | 54/58 | €161,774 | €227,095 | +€65,320 | +40.4% |
| Deferred charges and accrued income | 490/1 | €15,852 | €8,877 | -€6,975 | -44.0% |
| Total equity and liabilities | 10/49 | €360,462 | €407,366 | +€46,905 | +13.0% |
| Equity | 10/15 | €278,120 | €237,600 | -€40,520 | -14.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €276,120 | €235,600 | -€40,520 | -14.7% |
| Amounts payable | 17/49 | €82,341 | €169,766 | +€87,425 | +106% |
| Amounts payable within one year | 42/48 | €82,341 | €169,766 | +€87,425 | +106% |
| Financial debts | 43 | €4,082 | - | -€4,082 | |
| Credit institutions | 430/8 | €4,082 | - | -€4,082 | |
| Trade debts | 44 | €4,869 | €6,145 | +€1,276 | +26.2% |
| Suppliers | 440/4 | €4,869 | €6,145 | +€1,276 | +26.2% |
| Taxes, remuneration and social security | 45 | €55,533 | €37,012 | -€18,521 | -33.4% |
| Taxes | 450/3 | €55,533 | €37,012 | -€18,521 | -33.4% |
| Other amounts payable | 47/48 | €17,858 | €126,610 | +€108,752 | +609% |
| Remuneration, social security and pensions | 62 | - | €462 | +€462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,095 | €8,443 | +€348 | +4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€14,112 | - | +€14,112 | |
| Other operating charges | 640/8 | €437 | €503 | +€66 | +15.1% |
| Gross operating margin | 9900 | €173,650 | €147,361 | -€26,288 | -15.1% |
| Operating profit (loss) | 9901 | €179,229 | €137,953 | -€41,276 | -23.0% |
| Financial income | 75/76B | €4 | €119 | +€116 | +3,128% |
| Recurring financial income | 75 | €4 | €119 | +€116 | +3,128% |
| Financial charges | 65/66B | €4,782 | €5,504 | +€722 | +15.1% |
| Recurring financial charges | 65 | €4,782 | €5,504 | +€722 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €174,451 | €132,568 | -€41,883 | -24.0% |
| Income taxes | 67/77 | €40,143 | €29,676 | -€10,467 | -26.1% |
| Profit (loss) for the period | 9904 | €134,308 | €102,892 | -€31,416 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €134,308 | €102,892 | -€31,416 | -23.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.