LOOK AT ME: what changed
LOOK AT ME
Largest movements
- Cash +€133,837
up €133,837 (+68.5%), from €195,525 to €329,362
mainly Net result for the year (+€206,534) and Depreciation (+€87,351)
- Receivables within one year +€77,876
up €77,876 (+25.7%), from €303,587 to €381,462
of which Trade receivables: +€39,737
- Tangible fixed assets +€76,131
up €76,131 (+84.2%), from €90,401 to €166,532
of which Leasing and similar rights: +€63,972
- Debts after one year +€86,309
up €86,309 (+78.9%), from €109,328 to €195,637
- Other debts +€80,750
up €80,750 (+202%), from €40,000 to €120,750
- Profit (loss) carried forward +€56,534
up €56,534 (+23.6%), from €239,304 to €295,837
- Tax, wage and social debts +€40,083
up €40,083 (+59.0%), from €67,984 to €108,067
of which Taxes: +€31,279
- Trade debts +€22,074
up €22,074 (+20.4%), from €108,222 to €130,296
- Gross operating margin +€269,848
up €269,848 (+47.9%), from €563,633 to €833,482
- Staff costs +€61,182
up €61,182 (+15.8%), from €388,402 to €449,584
- Taxes +€46,861
up €46,861 (+192%), from €24,415 to €71,277
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €611,204 | €897,013 | +€285,810 | +46.8% |
| Fixed assets | 21/28 | €106,770 | €180,978 | +€74,208 | +69.5% |
| Intangible fixed assets | 21 | €12,160 | €10,236 | -€1,923 | -15.8% |
| Tangible fixed assets | 22/27 | €90,401 | €166,532 | +€76,131 | +84.2% |
| Plant, machinery and equipment | 23 | €7,139 | €22,187 | +€15,049 | +211% |
| Leasing and similar rights | 25 | €68,748 | €132,720 | +€63,972 | +93.1% |
| Other tangible fixed assets | 26 | €14,514 | €11,625 | -€2,889 | -19.9% |
| Financial fixed assets | 28 | €4,210 | €4,210 | = | 0.0% |
| Current assets | 29/58 | €504,433 | €716,035 | +€211,602 | +41.9% |
| Amounts receivable within one year | 40/41 | €303,587 | €381,462 | +€77,876 | +25.7% |
| Trade receivables | 40 | €298,002 | €337,739 | +€39,737 | +13.3% |
| Other amounts receivable | 41 | €5,585 | €43,723 | +€38,139 | +683% |
| Cash at bank and in hand | 54/58 | €195,525 | €329,362 | +€133,837 | +68.5% |
| Deferred charges and accrued income | 490/1 | €5,322 | €5,211 | -€111 | -2.1% |
| Total equity and liabilities | 10/49 | €611,204 | €897,013 | +€285,810 | +46.8% |
| Equity | 10/15 | €251,939 | €308,473 | +€56,534 | +22.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,636 | €2,636 | = | 0.0% |
| Distributable reserves | 133 | €2,636 | €2,636 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,304 | €295,837 | +€56,534 | +23.6% |
| Amounts payable | 17/49 | €359,264 | €588,540 | +€229,276 | +63.8% |
| Amounts payable after more than one year | 17 | €109,328 | €195,637 | +€86,309 | +78.9% |
| Financial debts | 170/4 | €109,328 | €195,637 | +€86,309 | +78.9% |
| Amounts payable within one year | 42/48 | €247,011 | €389,978 | +€142,967 | +57.9% |
| Current portion of amounts payable after more than one year | 42 | €30,805 | €30,865 | +€60 | +0.2% |
| Trade debts | 44 | €108,222 | €130,296 | +€22,074 | +20.4% |
| Suppliers | 440/4 | €108,222 | €130,296 | +€22,074 | +20.4% |
| Taxes, remuneration and social security | 45 | €67,984 | €108,067 | +€40,083 | +59.0% |
| Taxes | 450/3 | €24,260 | €55,538 | +€31,279 | +129% |
| Remuneration and social security | 454/9 | €43,724 | €52,529 | +€8,805 | +20.1% |
| Other amounts payable | 47/48 | €40,000 | €120,750 | +€80,750 | +202% |
| Accrued charges and deferred income | 492/3 | €2,925 | €2,925 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €388,402 | €449,584 | +€61,182 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,260 | €87,351 | +€6,091 | +7.5% |
| Other operating charges | 640/8 | €4,293 | €4,034 | -€259 | -6.0% |
| Gross operating margin | 9900 | €563,633 | €833,482 | +€269,848 | +47.9% |
| Operating profit (loss) | 9901 | €89,678 | €292,513 | +€202,835 | +226% |
| Financial income | 75/76B | €246 | €1,114 | +€868 | +353% |
| Recurring financial income | 75 | €246 | €1,114 | +€868 | +353% |
| Financial charges | 65/66B | €10,224 | €15,816 | +€5,592 | +54.7% |
| Recurring financial charges | 65 | €10,224 | €15,816 | +€5,592 | +54.7% |
| Profit (loss) for the period before taxes | 9903 | €79,699 | €277,810 | +€198,111 | +249% |
| Income taxes | 67/77 | €24,415 | €71,277 | +€46,861 | +192% |
| Profit (loss) for the period | 9904 | €55,284 | €206,534 | +€151,250 | +274% |
| Profit (loss) for the period to be appropriated | 9905 | €55,284 | €206,534 | +€151,250 | +274% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.