MAKE YOUR BRAND: 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.
MAKE YOUR BRAND
Largest movements
- Cash +€28,535
up €28,535 (+1473.2%), from €1,937 to €30,472
mainly Receivables within one year (+€23,139) and Net result for the year (+€12,875)
- Receivables within one year -€23,139
down €23,139 (-72.6%), from €31,890 to €8,751
- Tangible fixed assets -€1,409
down €1,409 (-70.7%), from €1,994 to €585
- Deferred charges and accrued income -€553
down €553 (-84.9%), from €651 to €98
- Profit (loss) carried forward +€12,875
up €12,875 (+71.7%), from -€17,965 to -€5,090
- Trade debts -€4,514
down €4,514 (-78.0%), from €5,785 to €1,271
- Tax, wage and social debts -€2,968
down €2,968 (-20.5%), from €14,444 to €11,476
- Other debts -€1,959
down €1,959 (-44.1%), from €4,447 to €2,488
- Gross operating margin -€13,020
down €13,020 (-37.7%), from €34,543 to €21,523
- Taxes -€3,993
down €3,993 (-39.8%), from €10,022 to €6,029
- Depreciation -€2,401
down €2,401 (-63.0%), from €3,810 to €1,409
- Other operating charges -€739
down €739 (-45.0%), from €1,641 to €902
- Financial charges -€689
down €689 (-69.1%), from €997 to €308
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 | €36,472 | €39,906 | +€3,434 | +9.4% |
| Fixed assets | 21/28 | €1,994 | €585 | -€1,409 | -70.7% |
| Tangible fixed assets | 22/27 | €1,994 | €585 | -€1,409 | -70.7% |
| Plant, machinery and equipment | 23 | €1,994 | €585 | -€1,409 | -70.7% |
| Current assets | 29/58 | €34,478 | €39,321 | +€4,843 | +14.0% |
| Amounts receivable within one year | 40/41 | €31,890 | €8,751 | -€23,139 | -72.6% |
| Trade receivables | 40 | €31,890 | €8,751 | -€23,139 | -72.6% |
| Cash at bank and in hand | 54/58 | €1,937 | €30,472 | +€28,535 | +1473.2% |
| Deferred charges and accrued income | 490/1 | €651 | €98 | -€553 | -84.9% |
| Total equity and liabilities | 10/49 | €36,472 | €39,906 | +€3,434 | +9.4% |
| Equity | 10/15 | €11,796 | €24,671 | +€12,875 | +109.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,161 | €11,161 | = | 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% |
| Distributable reserves | 133 | €9,301 | €9,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,965 | -€5,090 | +€12,875 | +71.7% |
| Amounts payable | 17/49 | €24,676 | €15,235 | -€9,441 | -38.3% |
| Amounts payable within one year | 42/48 | €24,676 | €15,235 | -€9,441 | -38.3% |
| Trade debts | 44 | €5,785 | €1,271 | -€4,514 | -78.0% |
| Suppliers | 440/4 | €5,785 | €1,271 | -€4,514 | -78.0% |
| Taxes, remuneration and social security | 45 | €14,444 | €11,476 | -€2,968 | -20.5% |
| Taxes | 450/3 | €14,444 | €11,476 | -€2,968 | -20.5% |
| Other amounts payable | 47/48 | €4,447 | €2,488 | -€1,959 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,810 | €1,409 | -€2,401 | -63.0% |
| Other operating charges | 640/8 | €1,641 | €902 | -€739 | -45.0% |
| Non-recurring operating charges | 66A | €1,196 | - | -€1,196 | |
| Gross operating margin | 9900 | €34,543 | €21,523 | -€13,020 | -37.7% |
| Operating profit (loss) | 9901 | €27,896 | €19,212 | -€8,684 | -31.1% |
| Financial charges | 65/66B | €997 | €308 | -€689 | -69.1% |
| Recurring financial charges | 65 | €997 | €308 | -€689 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €26,899 | €18,904 | -€7,995 | -29.7% |
| Income taxes | 67/77 | €10,022 | €6,029 | -€3,993 | -39.8% |
| Profit (loss) for the period | 9904 | €16,877 | €12,875 | -€4,002 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,877 | €12,875 | -€4,002 | -23.7% |
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 12 October 2026 via checked.be.