NET EVENT: 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.
NET EVENT
Largest movements
- Receivables within one year -€12,077
down €12,077 (-55.4%), from €21,809 to €9,732
of which Trade receivables: -€11,454
- Cash +€2,294
up €2,294 (+4004.3%), from €57 to €2,351
mainly Receivables within one year (+€12,077) and Trade debts (+€10,790)
- Tangible fixed assets -€1,561
down €1,561 (-5.6%), from €27,954 to €26,392
of which Furniture and vehicles: -€1,561
- Other debts -€13,248
down €13,248 (-22.2%), from €59,592 to €46,344
- Short-term financial debts -€11,694
down €11,694 (-59.3%), from €19,711 to €8,017
- Trade debts +€10,790
up €10,790 (+91.7%), from €11,771 to €22,561
- Profit (loss) carried forward +€2,677
up €2,677 (+5.2%), from -€51,347 to -€48,670
- Gross operating margin -€8,432
down €8,432 (-58.8%), from €14,337 to €5,905
- Financial charges -€2,371
down €2,371 (-78.7%), from €3,013 to €642
- Other operating charges +€816
up €816 (+391.5%), from €209 to €1,025
- Depreciation -€348
down €348 (-18.2%), from €1,909 to €1,561
- Financial income -€297
down €297 (-100.0%), from €297 to €0
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.
Cash bridge derived
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 | €101,829 | €90,553 | -€11,276 | -11.1% |
| Fixed assets | 21/28 | €76,954 | €75,392 | -€1,561 | -2.0% |
| Tangible fixed assets | 22/27 | €27,954 | €26,392 | -€1,561 | -5.6% |
| Furniture and vehicles | 24 | €27,954 | €26,392 | -€1,561 | -5.6% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €49,000 | €49,000 | = | 0.0% |
| Current assets | 29/58 | €24,875 | €15,161 | -€9,715 | -39.1% |
| Amounts receivable within one year | 40/41 | €21,809 | €9,732 | -€12,077 | -55.4% |
| Trade receivables | 40 | €18,392 | €6,939 | -€11,454 | -62.3% |
| Other amounts receivable | 41 | €3,417 | €2,794 | -€623 | -18.2% |
| Cash at bank and in hand | 54/58 | €57 | €2,351 | +€2,294 | +4004.3% |
| Deferred charges and accrued income | 490/1 | €3,009 | €3,077 | +€68 | +2.3% |
| Total equity and liabilities | 10/49 | €101,829 | €90,553 | -€11,276 | -11.1% |
| Equity | 10/15 | €10,582 | €13,259 | +€2,677 | +25.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,329 | €43,329 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €41,469 | €41,469 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,347 | -€48,670 | +€2,677 | +5.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Amounts payable | 17/49 | €91,246 | €77,294 | -€13,952 | -15.3% |
| Amounts payable within one year | 42/48 | €91,246 | €77,294 | -€13,952 | -15.3% |
| Financial debts | 43 | €19,711 | €8,017 | -€11,694 | -59.3% |
| Credit institutions | 430/8 | €19,711 | €8,017 | -€11,694 | -59.3% |
| Trade debts | 44 | €11,771 | €22,561 | +€10,790 | +91.7% |
| Suppliers | 440/4 | €11,771 | €22,561 | +€10,790 | +91.7% |
| Taxes, remuneration and social security | 45 | €173 | €373 | +€200 | +115.9% |
| Taxes | 450/3 | €173 | €373 | +€200 | +115.9% |
| Other amounts payable | 47/48 | €59,592 | €46,344 | -€13,248 | -22.2% |
| Non-recurring operating income | 76A | €36,099 | €0 | -€36,099 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,909 | €1,561 | -€348 | -18.2% |
| Other operating charges | 640/8 | €209 | €1,025 | +€816 | +391.5% |
| Non-recurring operating charges | 66A | €2,940 | €0 | -€2,940 | -100.0% |
| Gross operating margin | 9900 | €14,337 | €5,905 | -€8,432 | -58.8% |
| Operating profit (loss) | 9901 | €9,280 | €3,319 | -€5,961 | -64.2% |
| Financial income | 75/76B | €297 | €0 | -€297 | -100.0% |
| Recurring financial income | 75 | €297 | €0 | -€297 | -100.0% |
| Financial charges | 65/66B | €3,013 | €642 | -€2,371 | -78.7% |
| Recurring financial charges | 65 | €3,013 | €642 | -€2,371 | -78.7% |
| Profit (loss) for the period before taxes | 9903 | €6,564 | €2,677 | -€3,887 | -59.2% |
| Profit (loss) for the period | 9904 | €6,564 | €2,677 | -€3,887 | -59.2% |
| Transfer from tax-exempt reserves | 789 | €2,072 | - | -€2,072 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,636 | €2,677 | -€5,959 | -69.0% |
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 10 October 2026 via checked.be.