Niels Bombeke: what changed
Niels Bombeke
Largest movements
- Receivables within one year -€21,914
down €21,914 (-76.8%), from €28,534 to €6,620
of which Trade receivables: -€20,979
- Tangible fixed assets +€6,730
up €6,730 (+15.9%), from €42,363 to €49,093
of which Other tangible fixed assets: +€7,263
- Cash -€3,644
down €3,644 (-45.2%), from €8,063 to €4,419
mainly Investment in fixed assets (net) (-€16,447) and Debts after one year (-€8,599)
- Stocks and contracts +€3,469
new in 2025: €3,469
- Debts after one year -€8,599
no longer reported in 2025 (was €8,599)
- Trade debts +€4,176
up €4,176 (+131%), from €3,194 to €7,369
- Current portion of long-term debt -€3,801
down €3,801 (-30.7%), from €12,400 to €8,599
- Tax, wage and social debts -€3,227
down €3,227 (-42.6%), from €7,567 to €4,340
- Other debts -€2,423
down €2,423 (-43.2%), from €5,608 to €3,186
- Gross operating margin -€5,843
down €5,843 (-35.1%), from €16,623 to €10,780
- Depreciation +€5,265
up €5,265 (+118%), from €4,452 to €9,717
- Taxes -€2,568
down €2,568 (-79.7%), from €3,222 to €654
- Financial charges +€262
up €262 (+32.0%), from €818 to €1,080
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,035 | €63,756 | -€15,279 | -19.3% |
| Fixed assets | 21/28 | €42,363 | €49,093 | +€6,730 | +15.9% |
| Tangible fixed assets | 22/27 | €42,363 | €49,093 | +€6,730 | +15.9% |
| Plant, machinery and equipment | 23 | €3,607 | €9,075 | +€5,469 | +152% |
| Furniture and vehicles | 24 | €27,780 | €21,778 | -€6,002 | -21.6% |
| Other tangible fixed assets | 26 | €10,977 | €18,240 | +€7,263 | +66.2% |
| Current assets | 29/58 | €36,672 | €14,662 | -€22,009 | -60.0% |
| Stocks and contracts in progress | 3 | - | €3,469 | +€3,469 | |
| Stocks | 30/36 | - | €3,469 | +€3,469 | |
| Amounts receivable within one year | 40/41 | €28,534 | €6,620 | -€21,914 | -76.8% |
| Trade receivables | 40 | €27,599 | €6,620 | -€20,979 | -76.0% |
| Other amounts receivable | 41 | €935 | - | -€935 | |
| Cash at bank and in hand | 54/58 | €8,063 | €4,419 | -€3,644 | -45.2% |
| Deferred charges and accrued income | 490/1 | €75 | €155 | +€79 | +106% |
| Total equity and liabilities | 10/49 | €79,035 | €63,756 | -€15,279 | -19.3% |
| Equity | 10/15 | €41,666 | €40,261 | -€1,405 | -3.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €36,666 | €35,261 | -€1,405 | -3.8% |
| Distributable reserves | 133 | €36,666 | €35,261 | -€1,405 | -3.8% |
| Amounts payable | 17/49 | €37,368 | €23,495 | -€13,874 | -37.1% |
| Amounts payable after more than one year | 17 | €8,599 | - | -€8,599 | |
| Financial debts | 170/4 | €8,599 | - | -€8,599 | |
| Amounts payable within one year | 42/48 | €28,769 | €23,495 | -€5,274 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €12,400 | €8,599 | -€3,801 | -30.7% |
| Trade debts | 44 | €3,194 | €7,369 | +€4,176 | +131% |
| Suppliers | 440/4 | €3,194 | €7,369 | +€4,176 | +131% |
| Taxes, remuneration and social security | 45 | €7,567 | €4,340 | -€3,227 | -42.6% |
| Taxes | 450/3 | €7,567 | €4,340 | -€3,227 | -42.6% |
| Other amounts payable | 47/48 | €5,608 | €3,186 | -€2,423 | -43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,452 | €9,717 | +€5,265 | +118% |
| Other operating charges | 640/8 | €754 | €810 | +€57 | +7.5% |
| Gross operating margin | 9900 | €16,623 | €10,780 | -€5,843 | -35.1% |
| Operating profit (loss) | 9901 | €11,417 | €253 | -€11,164 | -97.8% |
| Financial income | 75/76B | €36 | €76 | +€40 | +113% |
| Recurring financial income | 75 | €36 | €76 | +€40 | +113% |
| Financial charges | 65/66B | €818 | €1,080 | +€262 | +32.0% |
| Recurring financial charges | 65 | €818 | €1,080 | +€262 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €10,635 | -€751 | -€11,386 | |
| Income taxes | 67/77 | €3,222 | €654 | -€2,568 | -79.7% |
| Profit (loss) for the period | 9904 | €7,412 | -€1,405 | -€8,817 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,412 | -€1,405 | -€8,817 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.