MOTIONS: 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.
MOTIONS
Largest movements
- Receivables within one year +€27,216
up €27,216 (+15.3%), from €178,060 to €205,275
- Tangible fixed assets -€10,702
down €10,702 (-6.0%), from €179,170 to €168,469
- Cash -€7,219
no longer reported in 2025 (was €7,219)
mainly Debts after one year (-€135,425) and Receivables within one year (-€27,216)
- Debts after one year -€135,425
no longer reported in 2025 (was €135,425)
- Current portion of long-term debt +€129,131
up €129,131 (+1,361%), from €9,485 to €138,615
- Trade debts +€23,803
up €23,803 (+73.1%), from €32,583 to €56,386
- Advances received -€13,500
no longer reported in 2025 (was €13,500)
- Short-term financial debts +€13,244
up €13,244 (+12.6%), from €104,739 to €117,983
of which Other loans: +€11,600
- Gross operating margin -€25,270
down €25,270 (-34.6%), from €73,067 to €47,797
- Write-downs +€20,058
new in 2025: €20,058
- Taxes -€13,202
down €13,202 (-99.0%), from €13,330 to €128
- Other operating charges +€6,081
up €6,081 (+36.7%), from €16,552 to €22,633
- Financial income +€5,653
up €5,653 (+87.0%), from €6,500 to €12,153
From the 30-09-2024 result to the 30-09-2025 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 30-09-2024 and 30-09-2025 balance sheets and the 30-09-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 30-09-2024 | 30-09-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €365,956 | €375,444 | +€9,488 | +2.6% |
| Fixed assets | 21/28 | €179,170 | €168,469 | -€10,702 | -6.0% |
| Tangible fixed assets | 22/27 | €179,170 | €168,469 | -€10,702 | -6.0% |
| Other tangible fixed assets | 26 | €179,170 | €168,469 | -€10,702 | -6.0% |
| Current assets | 29/58 | €186,785 | €206,975 | +€20,190 | +10.8% |
| Amounts receivable within one year | 40/41 | €178,060 | €205,275 | +€27,216 | +15.3% |
| Other amounts receivable | 41 | €178,060 | €205,275 | +€27,216 | +15.3% |
| Cash at bank and in hand | 54/58 | €7,219 | - | -€7,219 | |
| Deferred charges and accrued income | 490/1 | €1,507 | €1,700 | +€193 | +12.8% |
| Total equity and liabilities | 10/49 | €365,956 | €375,444 | +€9,488 | +2.6% |
| Equity | 10/15 | €55,851 | €51,038 | -€4,812 | -8.6% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €5,192 | €5,192 | = | 0.0% |
| Tax-exempt reserves | 132 | €600 | €600 | = | 0.0% |
| Distributable reserves | 133 | €4,592 | €4,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,341 | -€19,153 | -€4,812 | -33.6% |
| Amounts payable | 17/49 | €310,105 | €324,406 | +€14,300 | +4.6% |
| Amounts payable after more than one year | 17 | €135,425 | - | -€135,425 | |
| Financial debts | 170/4 | €135,425 | - | -€135,425 | |
| Amounts payable within one year | 42/48 | €172,113 | €321,320 | +€149,206 | +86.7% |
| Current portion of amounts payable after more than one year | 42 | €9,485 | €138,615 | +€129,131 | +1,361% |
| Financial debts | 43 | €104,739 | €117,983 | +€13,244 | +12.6% |
| Credit institutions | 430/8 | €80,000 | €81,644 | +€1,644 | +2.1% |
| Other loans | 439 | €24,739 | €36,339 | +€11,600 | +46.9% |
| Trade debts | 44 | €32,583 | €56,386 | +€23,803 | +73.1% |
| Suppliers | 440/4 | €32,583 | €56,386 | +€23,803 | +73.1% |
| Advances received on contracts in progress | 46 | €13,500 | - | -€13,500 | |
| Taxes, remuneration and social security | 45 | €11,807 | €8,335 | -€3,472 | -29.4% |
| Taxes | 450/3 | €11,807 | €8,335 | -€3,472 | -29.4% |
| Accrued charges and deferred income | 492/3 | €2,566 | €3,086 | +€520 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,195 | €10,702 | -€493 | -4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €20,058 | +€20,058 | |
| Other operating charges | 640/8 | €16,552 | €22,633 | +€6,081 | +36.7% |
| Gross operating margin | 9900 | €73,067 | €47,797 | -€25,270 | -34.6% |
| Operating profit (loss) | 9901 | €45,320 | -€5,596 | -€50,916 | |
| Financial income | 75/76B | €6,500 | €12,153 | +€5,653 | +87.0% |
| Recurring financial income | 75 | €6,500 | €12,153 | +€5,653 | +87.0% |
| Financial charges | 65/66B | €16,047 | €11,242 | -€4,806 | -29.9% |
| Recurring financial charges | 65 | €16,047 | €11,242 | -€4,806 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €35,773 | -€4,684 | -€40,457 | |
| Income taxes | 67/77 | €13,330 | €128 | -€13,202 | -99.0% |
| Profit (loss) for the period | 9904 | €22,443 | -€4,812 | -€27,255 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,443 | -€4,812 | -€27,255 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.