MORE THAN EVENTS: 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.
MORE THAN EVENTS
Largest movements
- Receivables within one year -€2,947
down €2,947 (-63.7%), from €4,629 to €1,682
of which Trade receivables: -€1,941
- Deferred charges and accrued income -€803
down €803 (-21.5%), from €3,743 to €2,940
- Tangible fixed assets -€633
down €633 (-40.0%), from €1,583 to €950
- Profit (loss) carried forward -€4,063
down €4,063 (-7.7%), from -€52,793 to -€56,856
- Trade debts -€3,192
down €3,192 (-67.5%), from €4,729 to €1,538
- Other debts +€2,452
up €2,452 (+12.3%), from €19,989 to €22,441
- Accrued charges and deferred income +€1,709
up €1,709 (+20.3%), from €8,400 to €10,109
- Short-term financial debts -€1,466
down €1,466 (-15.8%), from €9,279 to €7,813
- Gross operating margin +€8,939
up €8,939 (+94.1%), from -€9,497 to -€558
- Financial charges +€165
up €165 (+17.0%), from €972 to €1,136
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 | €12,048 | €7,579 | -€4,468 | -37.1% |
| Fixed assets | 21/28 | €1,733 | €1,010 | -€723 | -41.7% |
| Tangible fixed assets | 22/27 | €1,583 | €950 | -€633 | -40.0% |
| Furniture and vehicles | 24 | €1,583 | €950 | -€633 | -40.0% |
| Financial fixed assets | 28 | €150 | €60 | -€90 | -60.0% |
| Current assets | 29/58 | €10,314 | €6,569 | -€3,745 | -36.3% |
| Amounts receivable within one year | 40/41 | €4,629 | €1,682 | -€2,947 | -63.7% |
| Trade receivables | 40 | €1,941 | €0 | -€1,941 | -100% |
| Other amounts receivable | 41 | €2,688 | €1,682 | -€1,006 | -37.4% |
| Cash at bank and in hand | 54/58 | €1,942 | €1,947 | +€5 | +0.3% |
| Deferred charges and accrued income | 490/1 | €3,743 | €2,940 | -€803 | -21.5% |
| Total equity and liabilities | 10/49 | €12,048 | €7,579 | -€4,468 | -37.1% |
| Equity | 10/15 | -€36,118 | -€40,180 | -€4,063 | -11.2% |
| Contributions | 10/11 | €16,676 | €16,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,793 | -€56,856 | -€4,063 | -7.7% |
| Amounts payable | 17/49 | €48,165 | €47,760 | -€405 | -0.8% |
| Amounts payable within one year | 42/48 | €39,765 | €37,651 | -€2,114 | -5.3% |
| Financial debts | 43 | €9,279 | €7,813 | -€1,466 | -15.8% |
| Credit institutions | 430/8 | €9,279 | €7,813 | -€1,466 | -15.8% |
| Trade debts | 44 | €4,729 | €1,538 | -€3,192 | -67.5% |
| Suppliers | 440/4 | €4,729 | €1,538 | -€3,192 | -67.5% |
| Advances received on contracts in progress | 46 | €5,690 | €5,859 | +€169 | +3.0% |
| Taxes, remuneration and social security | 45 | €78 | €0 | -€78 | -100% |
| Taxes | 450/3 | €78 | €0 | -€78 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €19,989 | €22,441 | +€2,452 | +12.3% |
| Accrued charges and deferred income | 492/3 | €8,400 | €10,109 | +€1,709 | +20.3% |
| Non-recurring operating income | 76A | - | €203 | +€203 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €633 | €633 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,312 | €1,355 | +€43 | +3.3% |
| Non-recurring operating charges | 66A | - | €472 | +€472 | |
| Gross operating margin | 9900 | -€9,497 | -€558 | +€8,939 | +94.1% |
| Operating profit (loss) | 9901 | -€11,442 | -€3,017 | +€8,425 | +73.6% |
| Financial income | 75/76B | €84 | €91 | +€7 | +7.7% |
| Recurring financial income | 75 | €84 | €91 | +€7 | +7.7% |
| Financial charges | 65/66B | €972 | €1,136 | +€165 | +17.0% |
| Recurring financial charges | 65 | €972 | €1,136 | +€165 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,329 | -€4,063 | +€8,266 | +67.0% |
| Income taxes | 67/77 | €78 | €0 | -€78 | -100% |
| Profit (loss) for the period | 9904 | -€12,407 | -€4,063 | +€8,344 | +67.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,407 | -€4,063 | +€8,344 | +67.3% |
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 28 October 2026 via checked.be.