MN-ACCOUNTING: 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.
MN-ACCOUNTING
Largest movements
- Receivables after one year +€83,000
up €83,000 (+79.9%), from €103,934 to €186,934
- Receivables within one year +€24,296
up €24,296 (+98.0%), from €24,796 to €49,092
of which Trade receivables: +€19,796
- Tangible fixed assets -€12,412
down €12,412 (-14.9%), from €83,258 to €70,845
of which Furniture and vehicles: -€11,317
- Other debts +€79,674
up €79,674 (+148%), from €53,825 to €133,498
- Reserves +€29,929
up €29,929 (+16.7%), from €179,041 to €208,970
- Debts after one year -€23,272
down €23,272 (-44.1%), from €52,803 to €29,530
- Gross operating margin +€5,784
up €5,784 (+7.0%), from €83,171 to €88,955
- Depreciation +€3,672
up €3,672 (+42.0%), from €8,740 to €12,412
- Financial charges +€3,487
up €3,487 (+54.5%), from €6,402 to €9,889
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 | €330,433 | €421,208 | +€90,776 | +27.5% |
| Fixed assets | 21/28 | €182,724 | €170,312 | -€12,412 | -6.8% |
| Tangible fixed assets | 22/27 | €83,258 | €70,845 | -€12,412 | -14.9% |
| Furniture and vehicles | 24 | €74,876 | €63,559 | -€11,317 | -15.1% |
| Other tangible fixed assets | 26 | €8,382 | €7,287 | -€1,095 | -13.1% |
| Financial fixed assets | 28 | €99,467 | €99,467 | = | 0.0% |
| Current assets | 29/58 | €147,708 | €250,896 | +€103,188 | +69.9% |
| Amounts receivable after more than one year | 29 | €103,934 | €186,934 | +€83,000 | +79.9% |
| Other amounts receivable | 291 | €103,934 | €186,934 | +€83,000 | +79.9% |
| Amounts receivable within one year | 40/41 | €24,796 | €49,092 | +€24,296 | +98.0% |
| Trade receivables | 40 | €22,796 | €42,592 | +€19,796 | +86.8% |
| Other amounts receivable | 41 | €2,000 | €6,500 | +€4,500 | +225% |
| Cash at bank and in hand | 54/58 | €17,873 | €13,750 | -€4,123 | -23.1% |
| Deferred charges and accrued income | 490/1 | €1,105 | €1,121 | +€15 | +1.4% |
| Total equity and liabilities | 10/49 | €330,433 | €421,208 | +€90,776 | +27.5% |
| Equity | 10/15 | €180,441 | €210,370 | +€29,929 | +16.6% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Reserves | 13 | €179,041 | €208,970 | +€29,929 | +16.7% |
| Distributable reserves | 133 | €179,041 | €208,970 | +€29,929 | +16.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €149,992 | €210,839 | +€60,847 | +40.6% |
| Amounts payable after more than one year | 17 | €52,803 | €29,530 | -€23,272 | -44.1% |
| Financial debts | 170/4 | €52,803 | €29,530 | -€23,272 | -44.1% |
| Amounts payable within one year | 42/48 | €93,022 | €173,565 | +€80,542 | +86.6% |
| Current portion of amounts payable after more than one year | 42 | €24,797 | €23,282 | -€1,515 | -6.1% |
| Trade debts | 44 | €449 | €1,389 | +€940 | +209% |
| Suppliers | 440/4 | €449 | €1,389 | +€940 | +209% |
| Taxes, remuneration and social security | 45 | €13,952 | €15,395 | +€1,443 | +10.3% |
| Taxes | 450/3 | €8,973 | €9,015 | +€42 | +0.5% |
| Remuneration and social security | 454/9 | €4,979 | €6,380 | +€1,401 | +28.1% |
| Other amounts payable | 47/48 | €53,825 | €133,498 | +€79,674 | +148% |
| Accrued charges and deferred income | 492/3 | €4,167 | €7,744 | +€3,577 | +85.8% |
| Remuneration, social security and pensions | 62 | €17,988 | €18,299 | +€311 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,740 | €12,412 | +€3,672 | +42.0% |
| Other operating charges | 640/8 | €1,583 | €1,069 | -€514 | -32.5% |
| Gross operating margin | 9900 | €83,171 | €88,955 | +€5,784 | +7.0% |
| Operating profit (loss) | 9901 | €54,860 | €57,175 | +€2,315 | +4.2% |
| Financial income | 75/76B | €19 | €15 | -€4 | -19.8% |
| Recurring financial income | 75 | €19 | €15 | -€4 | -19.8% |
| Financial charges | 65/66B | €6,402 | €9,889 | +€3,487 | +54.5% |
| Recurring financial charges | 65 | €6,402 | €9,889 | +€3,487 | +54.5% |
| Profit (loss) for the period before taxes | 9903 | €48,477 | €47,301 | -€1,177 | -2.4% |
| Income taxes | 67/77 | €16,164 | €16,539 | +€375 | +2.3% |
| Profit (loss) for the period | 9904 | €32,313 | €30,762 | -€1,551 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,313 | €30,762 | -€1,551 | -4.8% |
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 18 October 2026 via checked.be.