My Way ?: 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 Way ?
Largest movements
- Cash +€235,469
up €235,469 (+56.3%), from €417,987 to €653,457
mainly Net result for the year (+€293,381) and Tax, wage and social debts (+€44,815)
- Receivables within one year +€63,653
up €63,653 (+134%), from €47,488 to €111,141
of which Trade receivables: +€63,653
- Reserves +€293,381
up €293,381 (+17.9%), from €1.6m to €1.9m
of which Distributable reserves: +€293,381
- Tax, wage and social debts +€44,815
up €44,815 (+671%), from €6,683 to €51,498
of which Taxes: +€44,823
- Financial income -€126,357
down €126,357 (-32.5%), from €388,800 to €262,443
- Gross operating margin +€55,002
up €55,002 (+126%), from €43,725 to €98,727
- Financial charges -€49,919
down €49,919 (-93.6%), from €53,360 to €3,440
- Taxes +€47,148
up €47,148 (+9,822%), from €480 to €47,628
- Staff costs -€6,508
down €6,508 (-57.7%), from €11,278 to €4,770
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 | €2,389,788 | €2,722,934 | +€333,146 | +13.9% |
| Fixed assets | 21/28 | €510,353 | €517,598 | +€7,245 | +1.4% |
| Tangible fixed assets | 22/27 | €12,154 | €19,398 | +€7,245 | +59.6% |
| Plant, machinery and equipment | 23 | €450 | €0 | -€450 | -100% |
| Furniture and vehicles | 24 | €5,226 | €3,814 | -€1,412 | -27.0% |
| Other tangible fixed assets | 26 | €6,477 | €15,584 | +€9,107 | +141% |
| Financial fixed assets | 28 | €498,199 | €498,199 | = | 0.0% |
| Current assets | 29/58 | €1,879,435 | €2,205,336 | +€325,901 | +17.3% |
| Stocks and contracts in progress | 3 | €1,409,224 | €1,433,079 | +€23,855 | +1.7% |
| Stocks | 30/36 | €1,409,224 | €1,433,079 | +€23,855 | +1.7% |
| Amounts receivable within one year | 40/41 | €47,488 | €111,141 | +€63,653 | +134% |
| Trade receivables | 40 | €26,135 | €89,788 | +€63,653 | +244% |
| Other amounts receivable | 41 | €21,353 | €21,353 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €417,987 | €653,457 | +€235,469 | +56.3% |
| Deferred charges and accrued income | 490/1 | €4,736 | €7,659 | +€2,923 | +61.7% |
| Total equity and liabilities | 10/49 | €2,389,788 | €2,722,934 | +€333,146 | +13.9% |
| Equity | 10/15 | €1,653,371 | €1,946,752 | +€293,381 | +17.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,634,779 | €1,928,160 | +€293,381 | +17.9% |
| Tax-exempt reserves | 132 | €17,929 | €17,929 | = | 0.0% |
| Distributable reserves | 133 | €1,616,850 | €1,910,230 | +€293,381 | +18.1% |
| Amounts payable | 17/49 | €736,417 | €776,182 | +€39,765 | +5.4% |
| Amounts payable after more than one year | 17 | €609,943 | €609,943 | = | 0.0% |
| Financial debts | 170/4 | €384,743 | €384,743 | = | 0.0% |
| Other amounts payable | 178/9 | €225,200 | €225,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €126,474 | €166,239 | +€39,765 | +31.4% |
| Financial debts | 43 | €112,403 | €112,403 | = | 0.0% |
| Credit institutions | 430/8 | €112,403 | €112,403 | = | 0.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,683 | €51,498 | +€44,815 | +671% |
| Taxes | 450/3 | €6,675 | €51,498 | +€44,823 | +671% |
| Remuneration and social security | 454/9 | €8 | €0 | -€8 | -100% |
| Other amounts payable | 47/48 | €7,389 | €2,339 | -€5,050 | -68.3% |
| Non-recurring operating income | 76A | €2 | €28,054 | +€28,052 | +1,402,615% |
| Remuneration, social security and pensions | 62 | €11,278 | €4,770 | -€6,508 | -57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,310 | €9,182 | -€6,128 | -40.0% |
| Other operating charges | 640/8 | €767 | €2,771 | +€2,004 | +261% |
| Gross operating margin | 9900 | €43,725 | €98,727 | +€55,002 | +126% |
| Operating profit (loss) | 9901 | €16,370 | €82,005 | +€65,635 | +401% |
| Financial income | 75/76B | €388,800 | €262,443 | -€126,357 | -32.5% |
| Recurring financial income | 75 | €388,800 | €262,443 | -€126,357 | -32.5% |
| Financial charges | 65/66B | €53,360 | €3,440 | -€49,919 | -93.6% |
| Recurring financial charges | 65 | €53,360 | €3,440 | -€49,919 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | €351,811 | €341,008 | -€10,802 | -3.1% |
| Income taxes | 67/77 | €480 | €47,628 | +€47,148 | +9,822% |
| Profit (loss) for the period | 9904 | €351,331 | €293,381 | -€57,950 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €351,331 | €293,381 | -€57,950 | -16.5% |
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.