LINE20: 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.
LINE20
Largest movements
- Tangible fixed assets +€33,094
up €33,094 (+240.2%), from €13,776 to €46,870
of which Furniture and vehicles: +€18,681
- Receivables within one year -€9,516
down €9,516 (-20.2%), from €47,085 to €37,569
of which Other amounts receivable: -€10,964
- Cash +€8,420
up €8,420 (+49.1%), from €17,136 to €25,556
mainly Current portion of long-term debt (+€13,598) and Net result for the year (+€11,312)
- Deferred charges and accrued income -€1,399
down €1,399 (-48.5%), from €2,887 to €1,488
- Current portion of long-term debt +€13,598
new in 2025: €13,598
- Reserves +€11,312
up €11,312 (+20.8%), from €54,430 to €65,742
of which Distributable reserves: +€11,312
- Tax, wage and social debts +€2,291
up €2,291 (+21.9%), from €10,458 to €12,749
of which Remuneration and social security: +€7,965
- Trade debts +€1,720
up €1,720 (+20.5%), from €8,403 to €10,124
- Other debts +€1,678
up €1,678 (+92.0%), from €1,824 to €3,502
- Gross operating margin +€36,479
up €36,479 (+81.7%), from €44,670 to €81,149
- Staff costs +€19,594
up €19,594 (+52.1%), from €37,617 to €57,211
- Taxes +€3,408
up €3,408 (+361.2%), from €944 to €4,352
- Depreciation +€2,944
up €2,944 (+101.8%), from €2,891 to €5,835
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 | €82,884 | €113,483 | +€30,599 | +36.9% |
| Fixed assets | 21/28 | €13,776 | €46,870 | +€33,094 | +240.2% |
| Tangible fixed assets | 22/27 | €13,776 | €46,870 | +€33,094 | +240.2% |
| Plant, machinery and equipment | 23 | €11,291 | €20,291 | +€9,000 | +79.7% |
| Furniture and vehicles | 24 | - | €18,681 | +€18,681 | |
| Other tangible fixed assets | 26 | €2,485 | €7,898 | +€5,413 | +217.8% |
| Current assets | 29/58 | €69,108 | €66,613 | -€2,495 | -3.6% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,085 | €37,569 | -€9,516 | -20.2% |
| Trade receivables | 40 | €24,863 | €26,311 | +€1,448 | +5.8% |
| Other amounts receivable | 41 | €22,222 | €11,259 | -€10,964 | -49.3% |
| Cash at bank and in hand | 54/58 | €17,136 | €25,556 | +€8,420 | +49.1% |
| Deferred charges and accrued income | 490/1 | €2,887 | €1,488 | -€1,399 | -48.5% |
| Total equity and liabilities | 10/49 | €82,884 | €113,483 | +€30,599 | +36.9% |
| Equity | 10/15 | €62,199 | €73,511 | +€11,312 | +18.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €54,430 | €65,742 | +€11,312 | +20.8% |
| Tax-exempt reserves | 132 | €36,000 | €36,000 | = | 0.0% |
| Distributable reserves | 133 | €18,430 | €29,742 | +€11,312 | +61.4% |
| Profit (loss) carried forward | 14 | -€4,632 | -€4,632 | = | 0.0% |
| Amounts payable | 17/49 | €20,685 | €39,972 | +€19,287 | +93.2% |
| Amounts payable within one year | 42/48 | €20,685 | €39,972 | +€19,287 | +93.2% |
| Current portion of amounts payable after more than one year | 42 | - | €13,598 | +€13,598 | |
| Trade debts | 44 | €8,403 | €10,124 | +€1,720 | +20.5% |
| Suppliers | 440/4 | €8,403 | €10,124 | +€1,720 | +20.5% |
| Taxes, remuneration and social security | 45 | €10,458 | €12,749 | +€2,291 | +21.9% |
| Taxes | 450/3 | €5,674 | - | -€5,674 | |
| Remuneration and social security | 454/9 | €4,784 | €12,749 | +€7,965 | +166.5% |
| Other amounts payable | 47/48 | €1,824 | €3,502 | +€1,678 | +92.0% |
| Remuneration, social security and pensions | 62 | €37,617 | €57,211 | +€19,594 | +52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,891 | €5,835 | +€2,944 | +101.8% |
| Other operating charges | 640/8 | €1,363 | €1,596 | +€233 | +17.1% |
| Gross operating margin | 9900 | €44,670 | €81,149 | +€36,479 | +81.7% |
| Operating profit (loss) | 9901 | €2,799 | €16,507 | +€13,708 | +489.8% |
| Financial income | 75/76B | €18 | €63 | +€45 | +253.9% |
| Recurring financial income | 75 | €18 | €63 | +€45 | +253.9% |
| Financial charges | 65/66B | €1,642 | €905 | -€737 | -44.9% |
| Recurring financial charges | 65 | €1,642 | €905 | -€737 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €1,174 | €15,664 | +€14,490 | +1234.0% |
| Income taxes | 67/77 | €944 | €4,352 | +€3,408 | +361.2% |
| Profit (loss) for the period | 9904 | €231 | €11,312 | +€11,082 | +4806.0% |
| Profit (loss) for the period to be appropriated | 9905 | €231 | €11,312 | +€11,082 | +4806.0% |
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.