LINEUP: 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.
LINEUP
Largest movements
- Receivables within one year -€27,489
down €27,489 (-32.8%), from €83,709 to €56,220
of which Other amounts receivable: -€27,194
- Cash +€3,129
up €3,129 (+9.1%), from €34,425 to €37,554
mainly Receivables within one year (+€27,489) and Net result for the year (+€12,580)
- Trade debts -€40,856
down €40,856 (-64.7%), from €63,149 to €22,293
- Profit (loss) carried forward +€12,580
up €12,580 (+36.4%), from €34,592 to €47,172
- Tax, wage and social debts +€3,434
up €3,434 (+49.8%), from €6,900 to €10,334
of which Taxes: +€3,434
- Gross operating margin +€8,374
up €8,374 (+26.5%), from €31,554 to €39,927
- Taxes +€6,774
up €6,774 (+93.9%), from €7,211 to €13,986
- Staff costs +€6,036
up €6,036 (+113%), from €5,342 to €11,377
- Other operating charges +€1,165
up €1,165 (+154%), from €756 to €1,922
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 | €118,701 | €93,859 | -€24,842 | -20.9% |
| Fixed assets | 21/28 | €567 | €85 | -€482 | -84.9% |
| Tangible fixed assets | 22/27 | €567 | €85 | -€482 | -84.9% |
| Plant, machinery and equipment | 23 | €567 | €85 | -€482 | -84.9% |
| Current assets | 29/58 | €118,134 | €93,773 | -€24,361 | -20.6% |
| Amounts receivable within one year | 40/41 | €83,709 | €56,220 | -€27,489 | -32.8% |
| Trade receivables | 40 | €41,919 | €41,623 | -€295 | -0.7% |
| Other amounts receivable | 41 | €41,790 | €14,596 | -€27,194 | -65.1% |
| Cash at bank and in hand | 54/58 | €34,425 | €37,554 | +€3,129 | +9.1% |
| Total equity and liabilities | 10/49 | €118,701 | €93,859 | -€24,842 | -20.9% |
| Equity | 10/15 | €48,652 | €61,232 | +€12,580 | +25.9% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,592 | €47,172 | +€12,580 | +36.4% |
| Amounts payable | 17/49 | €70,049 | €32,627 | -€37,422 | -53.4% |
| Amounts payable within one year | 42/48 | €70,049 | €32,627 | -€37,422 | -53.4% |
| Trade debts | 44 | €63,149 | €22,293 | -€40,856 | -64.7% |
| Suppliers | 440/4 | €63,149 | €22,293 | -€40,856 | -64.7% |
| Taxes, remuneration and social security | 45 | €6,900 | €10,334 | +€3,434 | +49.8% |
| Taxes | 450/3 | €6,900 | €10,334 | +€3,434 | +49.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €5,342 | €11,377 | +€6,036 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482 | €482 | = | 0.0% |
| Other operating charges | 640/8 | €756 | €1,922 | +€1,165 | +154% |
| Non-recurring operating charges | 66A | €17,912 | €0 | -€17,912 | -100% |
| Gross operating margin | 9900 | €31,554 | €39,927 | +€8,374 | +26.5% |
| Operating profit (loss) | 9901 | €7,062 | €26,147 | +€19,085 | +270% |
| Financial income | 75/76B | €730 | €859 | +€129 | +17.6% |
| Recurring financial income | 75 | €730 | €859 | +€129 | +17.6% |
| Financial charges | 65/66B | €508 | €440 | -€68 | -13.3% |
| Recurring financial charges | 65 | €508 | €440 | -€68 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €7,284 | €26,565 | +€19,282 | +265% |
| Income taxes | 67/77 | €7,211 | €13,986 | +€6,774 | +93.9% |
| Profit (loss) for the period | 9904 | €72 | €12,580 | +€12,507 | +17,285% |
| Profit (loss) for the period to be appropriated | 9905 | €72 | €12,580 | +€12,507 | +17,285% |
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 17 October 2026 via checked.be.