LINE TRADING: 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.
LINE TRADING
Largest movements
- Tangible fixed assets -€12,767
down €12,767 (-31.0%), from €41,204 to €28,437
- Cash +€12,657
up €12,657 (+62.9%), from €20,131 to €32,788
mainly Depreciation (+€15,532) and Advances received (+€13,141)
- Receivables within one year -€3,623
down €3,623 (-10.5%), from €34,488 to €30,865
of which Trade receivables: -€4,390
- Intangible fixed assets -€2,765
down €2,765 (-60.0%), from €4,608 to €1,843
- Deferred charges and accrued income +€2,400
new in 2025: €2,400
- Advances received +€13,141
new in 2025: €13,141
- Other debts -€10,917
down €10,917 (-100%), from €10,917 to €0
- Debts after one year -€10,361
down €10,361 (-27.2%), from €38,068 to €27,707
- Trade debts +€9,007
up €9,007 (+110%), from €8,152 to €17,159
- Reserves -€6,400
down €6,400 (-15.4%), from €41,460 to €35,060
- Gross operating margin -€2,790
down €2,790 (-16.1%), from €17,361 to €14,571
- Write-downs +€2,314
up €2,314, from -€743 to €1,571
- Financial charges -€616
down €616 (-16.9%), from €3,637 to €3,021
- Taxes -€616
down €616 (-80.2%), from €768 to €152
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 | €134,766 | €130,695 | -€4,070 | -3.0% |
| Fixed assets | 21/28 | €47,812 | €32,280 | -€15,532 | -32.5% |
| Intangible fixed assets | 21 | €4,608 | €1,843 | -€2,765 | -60.0% |
| Tangible fixed assets | 22/27 | €41,204 | €28,437 | -€12,767 | -31.0% |
| Furniture and vehicles | 24 | €41,204 | €28,437 | -€12,767 | -31.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €86,954 | €98,415 | +€11,461 | +13.2% |
| Stocks and contracts in progress | 3 | €32,335 | €32,362 | +€27 | +0.1% |
| Stocks | 30/36 | €32,335 | €32,362 | +€27 | +0.1% |
| Amounts receivable within one year | 40/41 | €34,488 | €30,865 | -€3,623 | -10.5% |
| Trade receivables | 40 | €30,257 | €25,867 | -€4,390 | -14.5% |
| Other amounts receivable | 41 | €4,232 | €4,999 | +€767 | +18.1% |
| Cash at bank and in hand | 54/58 | €20,131 | €32,788 | +€12,657 | +62.9% |
| Deferred charges and accrued income | 490/1 | - | €2,400 | +€2,400 | |
| Total equity and liabilities | 10/49 | €134,766 | €130,695 | -€4,070 | -3.0% |
| Equity | 10/15 | €54,008 | €47,488 | -€6,520 | -12.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €41,460 | €35,060 | -€6,400 | -15.4% |
| Distributable reserves | 133 | €41,460 | €35,060 | -€6,400 | -15.4% |
| Profit (loss) carried forward | 14 | €148 | €28 | -€120 | -80.9% |
| Amounts payable | 17/49 | €80,757 | €83,207 | +€2,450 | +3.0% |
| Amounts payable after more than one year | 17 | €38,068 | €27,707 | -€10,361 | -27.2% |
| Financial debts | 170/4 | €38,068 | €27,707 | -€10,361 | -27.2% |
| Amounts payable within one year | 42/48 | €42,690 | €55,500 | +€12,810 | +30.0% |
| Current portion of amounts payable after more than one year | 42 | €9,851 | €10,361 | +€509 | +5.2% |
| Trade debts | 44 | €8,152 | €17,159 | +€9,007 | +110% |
| Suppliers | 440/4 | €8,152 | €17,159 | +€9,007 | +110% |
| Advances received on contracts in progress | 46 | - | €13,141 | +€13,141 | |
| Taxes, remuneration and social security | 45 | €13,769 | €14,839 | +€1,070 | +7.8% |
| Taxes | 450/3 | €12,859 | €13,339 | +€480 | +3.7% |
| Remuneration and social security | 454/9 | €910 | €1,500 | +€590 | +64.8% |
| Other amounts payable | 47/48 | €10,917 | €0 | -€10,917 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,532 | €15,532 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€743 | €1,571 | +€2,314 | |
| Other operating charges | 640/8 | €980 | €816 | -€164 | -16.8% |
| Gross operating margin | 9900 | €17,361 | €14,571 | -€2,790 | -16.1% |
| Operating profit (loss) | 9901 | €1,592 | -€3,347 | -€4,939 | |
| Financial income | 75/76B | €70 | €0 | -€70 | -99.6% |
| Recurring financial income | 75 | €70 | €0 | -€70 | -99.6% |
| Financial charges | 65/66B | €3,637 | €3,021 | -€616 | -16.9% |
| Recurring financial charges | 65 | €3,637 | €3,021 | -€616 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,975 | -€6,368 | -€4,393 | -222% |
| Income taxes | 67/77 | €768 | €152 | -€616 | -80.2% |
| Profit (loss) for the period | 9904 | -€2,744 | -€6,520 | -€3,777 | -138% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,744 | -€6,520 | -€3,777 | -138% |
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 24 October 2026 via checked.be.