NOTABE: 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.
NOTABE
Largest movements
- Current investments -€225,000
no longer reported in 2025 (was €225,000)
- Cash +€98,210
up €98,210 (+320.9%), from €30,601 to €128,811
mainly Current investments (+€225,000) and Net result for the year (+€73,554)
- Receivables within one year +€12,312
new in 2025: €12,312
- Other debts -€68,578
down €68,578 (-44.0%), from €155,879 to €87,301
- Current portion of long-term debt -€33,193
no longer reported in 2025 (was €33,193)
- Tax, wage and social debts -€15,162
down €15,162 (-32.3%), from €46,987 to €31,826
of which Taxes: -€18,419
- Gross operating margin -€90,866
down €90,866 (-48.4%), from €187,710 to €96,844
- Taxes -€21,406
down €21,406 (-52.8%), from €40,552 to €19,145
- Financial income +€3,789
up €3,789 (+445785.9%), from €1 to €3,790
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 | €263,868 | €148,112 | -€115,756 | -43.9% |
| Fixed assets | 21/28 | €4,433 | €3,010 | -€1,423 | -32.1% |
| Tangible fixed assets | 22/27 | €3,415 | €1,992 | -€1,423 | -41.7% |
| Furniture and vehicles | 24 | €3,415 | €1,992 | -€1,423 | -41.7% |
| Financial fixed assets | 28 | €1,018 | €1,018 | = | 0.0% |
| Current assets | 29/58 | €259,435 | €145,102 | -€114,333 | -44.1% |
| Amounts receivable within one year | 40/41 | - | €12,312 | +€12,312 | |
| Other amounts receivable | 41 | - | €12,312 | +€12,312 | |
| Current investments | 50/53 | €225,000 | - | -€225,000 | |
| Cash at bank and in hand | 54/58 | €30,601 | €128,811 | +€98,210 | +320.9% |
| Deferred charges and accrued income | 490/1 | €3,834 | €3,979 | +€145 | +3.8% |
| Total equity and liabilities | 10/49 | €263,868 | €148,112 | -€115,756 | -43.9% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Amounts payable | 17/49 | €243,408 | €127,652 | -€115,756 | -47.6% |
| Amounts payable within one year | 42/48 | €242,448 | €125,852 | -€116,596 | -48.1% |
| Current portion of amounts payable after more than one year | 42 | €33,193 | - | -€33,193 | |
| Trade debts | 44 | €6,388 | €6,725 | +€337 | +5.3% |
| Suppliers | 440/4 | €6,388 | €6,725 | +€337 | +5.3% |
| Taxes, remuneration and social security | 45 | €46,987 | €31,826 | -€15,162 | -32.3% |
| Taxes | 450/3 | €46,987 | €28,569 | -€18,419 | -39.2% |
| Remuneration and social security | 454/9 | - | €3,257 | +€3,257 | |
| Other amounts payable | 47/48 | €155,879 | €87,301 | -€68,578 | -44.0% |
| Accrued charges and deferred income | 492/3 | €959 | €1,800 | +€841 | +87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,973 | €1,973 | = | 0.0% |
| Other operating charges | 640/8 | €4,122 | €2,564 | -€1,558 | -37.8% |
| Gross operating margin | 9900 | €187,710 | €96,844 | -€90,866 | -48.4% |
| Operating profit (loss) | 9901 | €181,615 | €92,308 | -€89,307 | -49.2% |
| Financial income | 75/76B | €1 | €3,790 | +€3,789 | +445785.9% |
| Recurring financial income | 75 | €1 | €3,790 | +€3,789 | +445785.9% |
| Financial charges | 65/66B | €2,663 | €3,399 | +€736 | +27.6% |
| Recurring financial charges | 65 | €2,663 | €3,399 | +€736 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €178,953 | €92,699 | -€86,254 | -48.2% |
| Income taxes | 67/77 | €40,552 | €19,145 | -€21,406 | -52.8% |
| Profit (loss) for the period | 9904 | €138,402 | €73,554 | -€64,848 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €138,402 | €73,554 | -€64,848 | -46.9% |
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 12 October 2026 via checked.be.