NUMBER SIX: 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.
NUMBER SIX
Largest movements
- Receivables within one year +€26,881
up €26,881 (+53.5%), from €50,245 to €77,126
of which Trade receivables: +€19,887
- Cash -€9,041
down €9,041 (-51.2%), from €17,664 to €8,622
mainly Receivables within one year (-€26,881) and Other debts (-€6,572)
- Tangible fixed assets +€1,183
up €1,183 (+55.5%), from €2,131 to €3,313
of which Furniture and vehicles: +€1,798
- Trade debts +€10,335
up €10,335 (+18.3%), from €56,528 to €66,863
- Profit (loss) carried forward +€7,715
up €7,715, from -€7,715 to €0
- Other debts -€6,572
down €6,572 (-100%), from €6,572 to €0
- Tax, wage and social debts +€5,049
up €5,049 (+156%), from €3,232 to €8,281
- Reserves +€2,495
new in 2025: €2,495
- Gross operating margin +€19,177
up €19,177, from -€3,619 to €15,557
- Other operating charges +€844
up €844 (+207%), from €407 to €1,252
- Taxes +€839
new in 2025: €839
- Financial charges +€609
up €609 (+27.4%), from €2,221 to €2,830
- Financial income +€561
up €561 (+106%), from €528 to €1,089
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 | €73,617 | €92,639 | +€19,022 | +25.8% |
| Fixed assets | 21/28 | €2,131 | €3,313 | +€1,183 | +55.5% |
| Tangible fixed assets | 22/27 | €2,131 | €3,313 | +€1,183 | +55.5% |
| Plant, machinery and equipment | 23 | €1,224 | €608 | -€615 | -50.3% |
| Furniture and vehicles | 24 | €907 | €2,705 | +€1,798 | +198% |
| Current assets | 29/58 | €71,486 | €89,326 | +€17,839 | +25.0% |
| Stocks and contracts in progress | 3 | €3,578 | €3,578 | = | 0.0% |
| Stocks | 30/36 | €3,578 | €3,578 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50,245 | €77,126 | +€26,881 | +53.5% |
| Trade receivables | 40 | €30,847 | €50,734 | +€19,887 | +64.5% |
| Other amounts receivable | 41 | €19,398 | €26,392 | +€6,994 | +36.1% |
| Cash at bank and in hand | 54/58 | €17,664 | €8,622 | -€9,041 | -51.2% |
| Total equity and liabilities | 10/49 | €73,617 | €92,639 | +€19,022 | +25.8% |
| Equity | 10/15 | €7,285 | €17,495 | +€10,210 | +140% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | - | €2,495 | +€2,495 | |
| Distributable reserves | 133 | - | €2,495 | +€2,495 | |
| Profit (loss) carried forward | 14 | -€7,715 | €0 | +€7,715 | |
| Amounts payable | 17/49 | €66,332 | €75,144 | +€8,812 | +13.3% |
| Amounts payable within one year | 42/48 | €66,332 | €75,144 | +€8,812 | +13.3% |
| Trade debts | 44 | €56,528 | €66,863 | +€10,335 | +18.3% |
| Suppliers | 440/4 | €56,528 | €66,863 | +€10,335 | +18.3% |
| Taxes, remuneration and social security | 45 | €3,232 | €8,281 | +€5,049 | +156% |
| Taxes | 450/3 | €3,232 | €8,281 | +€5,049 | +156% |
| Other amounts payable | 47/48 | €6,572 | €0 | -€6,572 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,995 | €1,516 | -€479 | -24.0% |
| Other operating charges | 640/8 | €407 | €1,252 | +€844 | +207% |
| Gross operating margin | 9900 | -€3,619 | €15,557 | +€19,177 | |
| Operating profit (loss) | 9901 | -€6,022 | €12,790 | +€18,812 | |
| Financial income | 75/76B | €528 | €1,089 | +€561 | +106% |
| Recurring financial income | 75 | €528 | €1,089 | +€561 | +106% |
| Financial charges | 65/66B | €2,221 | €2,830 | +€609 | +27.4% |
| Recurring financial charges | 65 | €2,221 | €2,830 | +€609 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,715 | €11,049 | +€18,763 | |
| Income taxes | 67/77 | - | €839 | +€839 | |
| Profit (loss) for the period | 9904 | -€7,715 | €10,210 | +€17,925 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,715 | €10,210 | +€17,925 |
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 26 October 2026 via checked.be.