LETTERQUICK: 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.
LETTERQUICK
Largest movements
- Cash +€5,319
up €5,319 (+68.9%), from €7,718 to €13,037
mainly Net result for the year (+€20,750) and Receivables within one year (+€5,171)
- Receivables within one year -€5,171
down €5,171 (-63.7%), from €8,115 to €2,945
- Deferred charges and accrued income +€1,175
new in 2025: €1,175
- Stocks and contracts -€715
down €715 (-10.4%), from €6,873 to €6,158
- Tangible fixed assets -€398
down €398 (-15.7%), from €2,526 to €2,128
- Profit (loss) carried forward +€20,750
up €20,750 (+40.9%), from -€50,684 to -€29,934
- Other debts -€20,099
down €20,099 (-32.5%), from €61,781 to €41,682
- Trade debts -€663
down €663 (-59.7%), from €1,110 to €448
- Gross operating margin -€2,011
down €2,011 (-8.5%), from €23,600 to €21,589
- Other operating charges -€1,062
down €1,062 (-73.3%), from €1,450 to €387
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 | €25,233 | €25,443 | +€210 | +0.8% |
| Fixed assets | 21/28 | €2,526 | €2,128 | -€398 | -15.7% |
| Tangible fixed assets | 22/27 | €2,526 | €2,128 | -€398 | -15.7% |
| Land and buildings | 22 | €2,526 | €2,128 | -€398 | -15.7% |
| Current assets | 29/58 | €22,707 | €23,314 | +€608 | +2.7% |
| Stocks and contracts in progress | 3 | €6,873 | €6,158 | -€715 | -10.4% |
| Stocks | 30/36 | €6,873 | €6,158 | -€715 | -10.4% |
| Amounts receivable within one year | 40/41 | €8,115 | €2,945 | -€5,171 | -63.7% |
| Trade receivables | 40 | €8,115 | €2,945 | -€5,171 | -63.7% |
| Cash at bank and in hand | 54/58 | €7,718 | €13,037 | +€5,319 | +68.9% |
| Deferred charges and accrued income | 490/1 | - | €1,175 | +€1,175 | |
| Total equity and liabilities | 10/49 | €25,233 | €25,443 | +€210 | +0.8% |
| Equity | 10/15 | -€38,284 | -€17,534 | +€20,750 | +54.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,684 | -€29,934 | +€20,750 | +40.9% |
| Amounts payable | 17/49 | €63,516 | €42,977 | -€20,540 | -32.3% |
| Amounts payable within one year | 42/48 | €63,516 | €42,977 | -€20,540 | -32.3% |
| Trade debts | 44 | €1,110 | €448 | -€663 | -59.7% |
| Suppliers | 440/4 | €1,110 | €448 | -€663 | -59.7% |
| Taxes, remuneration and social security | 45 | €625 | €847 | +€222 | +35.6% |
| Taxes | 450/3 | €625 | €847 | +€222 | +35.6% |
| Other amounts payable | 47/48 | €61,781 | €41,682 | -€20,099 | -32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398 | €398 | = | 0.0% |
| Other operating charges | 640/8 | €1,450 | €387 | -€1,062 | -73.3% |
| Gross operating margin | 9900 | €23,600 | €21,589 | -€2,011 | -8.5% |
| Operating profit (loss) | 9901 | €21,753 | €20,804 | -€949 | -4.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +400.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +400.0% |
| Financial charges | 65/66B | €286 | €54 | -€232 | -81.0% |
| Recurring financial charges | 65 | €286 | €54 | -€232 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | €21,467 | €20,750 | -€717 | -3.3% |
| Profit (loss) for the period | 9904 | €21,467 | €20,750 | -€717 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,467 | €20,750 | -€717 | -3.3% |
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 29 September 2026 via checked.be.