MY PARTNERS: 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.
MY PARTNERS
Largest movements
- Receivables after one year +€47,056
up €47,056 (+69.6%), from €67,572 to €114,628
- Receivables within one year +€44,596
up €44,596 (+74.1%), from €60,162 to €104,758
of which Trade receivables: +€60,350
- Tangible fixed assets -€33,544
down €33,544 (-8.5%), from €394,352 to €360,808
of which Other tangible fixed assets: -€25,204
- Stocks and contracts +€32,352
up €32,352 (+17.3%), from €186,881 to €219,234
- Cash +€17,655
up €17,655 (+22.1%), from €79,884 to €97,539
mainly Net result for the year (+€166,294) and Depreciation (+€33,544)
- Profit (loss) carried forward +€166,294
up €166,294 (+74.4%), from -€223,561 to -€57,267
- Short-term financial debts -€82,968
down €82,968 (-66.4%), from €125,000 to €42,032
- Other debts -€29,546
down €29,546 (-100%), from €29,546 to €0
- Current portion of long-term debt +€21,996
up €21,996 (+103%), from €21,448 to €43,444
- Trade debts +€19,509
up €19,509 (+5.0%), from €393,716 to €413,225
- Gross operating margin +€337,767
up €337,767 (+206%), from €164,212 to €501,978
- Staff costs +€62,800
up €62,800 (+30.9%), from €203,226 to €266,026
- Financial charges +€7,698
up €7,698 (+30.0%), from €25,698 to €33,396
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 | €805,351 | €913,466 | +€108,114 | +13.4% |
| Fixed assets | 21/28 | €410,852 | €377,308 | -€33,544 | -8.2% |
| Tangible fixed assets | 22/27 | €394,352 | €360,808 | -€33,544 | -8.5% |
| Plant, machinery and equipment | 23 | €47,635 | €39,294 | -€8,340 | -17.5% |
| Other tangible fixed assets | 26 | €346,717 | €321,514 | -€25,204 | -7.3% |
| Financial fixed assets | 28 | €16,500 | €16,500 | = | 0.0% |
| Current assets | 29/58 | €394,499 | €536,158 | +€141,658 | +35.9% |
| Amounts receivable after more than one year | 29 | €67,572 | €114,628 | +€47,056 | +69.6% |
| Other amounts receivable | 291 | €67,572 | €114,628 | +€47,056 | +69.6% |
| Stocks and contracts in progress | 3 | €186,881 | €219,234 | +€32,352 | +17.3% |
| Stocks | 30/36 | €186,881 | €219,234 | +€32,352 | +17.3% |
| Amounts receivable within one year | 40/41 | €60,162 | €104,758 | +€44,596 | +74.1% |
| Trade receivables | 40 | €44,401 | €104,751 | +€60,350 | +136% |
| Other amounts receivable | 41 | €15,761 | €6 | -€15,754 | -100.0% |
| Cash at bank and in hand | 54/58 | €79,884 | €97,539 | +€17,655 | +22.1% |
| Total equity and liabilities | 10/49 | €805,351 | €913,466 | +€108,114 | +13.4% |
| Equity | 10/15 | -€121,101 | €45,193 | +€166,294 | |
| Contributions | 10/11 | €93,600 | €93,600 | = | 0.0% |
| Reserves | 13 | €8,860 | €8,860 | = | 0.0% |
| Distributable reserves | 133 | €8,860 | €8,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€223,561 | -€57,267 | +€166,294 | +74.4% |
| Amounts payable | 17/49 | €926,453 | €868,272 | -€58,180 | -6.3% |
| Amounts payable after more than one year | 17 | €309,549 | €311,738 | +€2,189 | +0.7% |
| Financial debts | 170/4 | €309,549 | €311,738 | +€2,189 | +0.7% |
| Amounts payable within one year | 42/48 | €614,524 | €552,568 | -€61,956 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €21,448 | €43,444 | +€21,996 | +103% |
| Financial debts | 43 | €125,000 | €42,032 | -€82,968 | -66.4% |
| Credit institutions | 430/8 | €125,000 | €42,032 | -€82,968 | -66.4% |
| Trade debts | 44 | €393,716 | €413,225 | +€19,509 | +5.0% |
| Suppliers | 440/4 | €393,716 | €413,225 | +€19,509 | +5.0% |
| Taxes, remuneration and social security | 45 | €44,815 | €53,868 | +€9,052 | +20.2% |
| Taxes | 450/3 | €2,874 | €13,772 | +€10,899 | +379% |
| Remuneration and social security | 454/9 | €41,941 | €40,095 | -€1,846 | -4.4% |
| Other amounts payable | 47/48 | €29,546 | €0 | -€29,546 | -100% |
| Accrued charges and deferred income | 492/3 | €2,379 | €3,966 | +€1,586 | +66.7% |
| Remuneration, social security and pensions | 62 | €203,226 | €266,026 | +€62,800 | +30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,132 | €33,544 | +€4,412 | +15.1% |
| Other operating charges | 640/8 | €1,385 | €2,995 | +€1,609 | +116% |
| Gross operating margin | 9900 | €164,212 | €501,978 | +€337,767 | +206% |
| Operating profit (loss) | 9901 | -€69,531 | €199,413 | +€268,945 | |
| Financial income | 75/76B | €3 | €278 | +€274 | +8,413% |
| Recurring financial income | 75 | €3 | €278 | +€274 | +8,413% |
| Financial charges | 65/66B | €25,698 | €33,396 | +€7,698 | +30.0% |
| Recurring financial charges | 65 | €25,698 | €33,396 | +€7,698 | +30.0% |
| Profit (loss) for the period before taxes | 9903 | -€95,226 | €166,295 | +€261,521 | |
| Income taxes | 67/77 | €1 | €1 | -€0 | -25.8% |
| Profit (loss) for the period | 9904 | -€95,227 | €166,294 | +€261,521 | |
| Profit (loss) for the period to be appropriated | 9905 | -€95,227 | €166,294 | +€261,521 |
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 23 October 2026 via checked.be.