MOVE: what changed
Two fiscal 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.
MOVE
Largest movements
- Receivables within one year +€111,168
up €111,168 (+696.3%), from €15,965 to €127,133
of which Trade receivables: +€96,040
- Stocks and contracts -€97,510
down €97,510 (-35.7%), from €272,916 to €175,406
- Tangible fixed assets -€12,852
down €12,852 (-93.0%), from €13,812 to €961
of which Furniture and vehicles: -€8,889
- Cash -€5,050
down €5,050 (-39.6%), from €12,739 to €7,689
mainly Receivables within one year (-€111,168) and Tax, wage and social debts (-€23,495)
- Tax, wage and social debts -€23,495
down €23,495 (-99.4%), from €23,638 to €143
of which Taxes: -€21,711
- Provisions -€17,000
down €17,000 (-100.0%), from €17,000 to €0
- Debts after one year +€15,973
up €15,973 (+7.2%), from €220,582 to €236,555
- Profit (loss) carried forward +€13,268
up €13,268 (+8.4%), from -€158,011 to -€144,743
- Other debts +€4,800
up €4,800 (+342.9%), from €1,400 to €6,200
- Provisions -€17,000
new in 2026: -€17,000
- Purchases and services +€10,319
up €10,319 (+1.9%), from €554,292 to €564,611
- Write-downs +€6,722
up €6,722 (+20.5%), from €32,826 to €39,549
- Turnover +€6,684
up €6,684 (+1.1%), from €622,060 to €628,744
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €315,672 | €311,427 | -€4,245 | -1.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €14,051 | €1,200 | -€12,852 | -91.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €13,812 | €961 | -€12,852 | -93.0% |
| Plant, machinery and equipment | 23 | €3,370 | €39 | -€3,331 | -98.9% |
| Furniture and vehicles | 24 | €9,811 | €922 | -€8,889 | -90.6% |
| Other tangible fixed assets | 26 | €631 | €0 | -€631 | -100.0% |
| Financial fixed assets | 28 | €239 | €239 | = | 0.0% |
| Current assets | 29/58 | €301,620 | €310,228 | +€8,607 | +2.9% |
| Stocks and contracts in progress | 3 | €272,916 | €175,406 | -€97,510 | -35.7% |
| Stocks | 30/36 | €272,916 | €175,406 | -€97,510 | -35.7% |
| Amounts receivable within one year | 40/41 | €15,965 | €127,133 | +€111,168 | +696.3% |
| Trade receivables | 40 | €10,182 | €106,221 | +€96,040 | +943.2% |
| Other amounts receivable | 41 | €5,783 | €20,911 | +€15,128 | +261.6% |
| Cash at bank and in hand | 54/58 | €12,739 | €7,689 | -€5,050 | -39.6% |
| Total equity and liabilities | 10/49 | €315,672 | €311,427 | -€4,245 | -1.3% |
| Equity | 10/15 | -€85,119 | -€71,851 | +€13,268 | +15.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €10,918 | €10,918 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €4,721 | €4,721 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€158,011 | -€144,743 | +€13,268 | +8.4% |
| Provisions and deferred taxes | 16 | €17,000 | €0 | -€17,000 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €17,000 | €0 | -€17,000 | -100.0% |
| Environmental obligations | 163 | €17,000 | €0 | -€17,000 | -100.0% |
| Amounts payable | 17/49 | €383,791 | €383,279 | -€513 | -0.1% |
| Amounts payable after more than one year | 17 | €220,582 | €236,555 | +€15,973 | +7.2% |
| Other amounts payable | 178/9 | €220,582 | €236,555 | +€15,973 | +7.2% |
| Amounts payable within one year | 42/48 | €163,209 | €146,724 | -€16,485 | -10.1% |
| Trade debts | 44 | €138,171 | €140,381 | +€2,210 | +1.6% |
| Suppliers | 440/4 | €138,171 | €140,381 | +€2,210 | +1.6% |
| Taxes, remuneration and social security | 45 | €23,638 | €143 | -€23,495 | -99.4% |
| Taxes | 450/3 | €21,711 | €0 | -€21,711 | -100.0% |
| Remuneration and social security | 454/9 | €1,927 | €143 | -€1,784 | -92.6% |
| Other amounts payable | 47/48 | €1,400 | €6,200 | +€4,800 | +342.9% |
| Turnover | 70 | €622,060 | €628,744 | +€6,684 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €554,292 | €564,611 | +€10,319 | +1.9% |
| Remuneration, social security and pensions | 62 | €17,476 | €13,509 | -€3,967 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,852 | €12,852 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,826 | €39,549 | +€6,722 | +20.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€17,000 | -€17,000 | |
| Other operating charges | 640/8 | €1,362 | €1,739 | +€377 | +27.7% |
| Gross operating margin | 9900 | €67,788 | €64,133 | -€3,655 | -5.4% |
| Operating profit (loss) | 9901 | €3,272 | €13,485 | +€10,213 | +312.1% |
| Financial income | 75/76B | €3 | €3 | +€0 | +15.4% |
| Recurring financial income | 75 | €3 | €3 | +€0 | +15.4% |
| Financial charges | 65/66B | €589 | €220 | -€369 | -62.6% |
| Recurring financial charges | 65 | €589 | €220 | -€369 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | €2,686 | €13,268 | +€10,582 | +394.0% |
| Income taxes | 67/77 | -€16 | - | +€16 | |
| Profit (loss) for the period | 9904 | €2,702 | €13,268 | +€10,566 | +391.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,702 | €13,268 | +€10,566 | +391.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.