O colore: 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.
O colore
Largest movements
- Receivables within one year +€10,669
up €10,669 (+16.6%), from €64,113 to €74,782
of which Trade receivables: +€7,133
- Cash -€3,729
down €3,729 (-18.8%), from €19,865 to €16,135
mainly Receivables within one year (-€10,669) and Other debts (-€10,505)
- Tangible fixed assets -€3,429
no longer reported in 2025 (was €3,429)
- Other debts -€10,505
down €10,505 (-80.1%), from €13,123 to €2,618
- Profit (loss) carried forward +€8,709
up €8,709 (+43.7%), from €19,921 to €28,630
- Advances received +€5,598
new in 2025: €5,598
- Current portion of long-term debt -€1,531
no longer reported in 2025 (was €1,531)
- Gross operating margin -€11,602
down €11,602 (-35.6%), from €32,631 to €21,028
- Depreciation -€4,347
down €4,347 (-55.9%), from €7,776 to €3,429
- Taxes -€2,145
down €2,145 (-44.3%), from €4,845 to €2,700
- Other operating charges +€997
up €997 (+48.4%), from €2,061 to €3,059
- Financial charges +€824
up €824 (+35.7%), from €2,308 to €3,132
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 | €87,406 | €90,917 | +€3,511 | +4.0% |
| Fixed assets | 21/28 | €3,429 | - | -€3,429 | |
| Tangible fixed assets | 22/27 | €3,429 | - | -€3,429 | |
| Furniture and vehicles | 24 | €3,429 | - | -€3,429 | |
| Current assets | 29/58 | €83,977 | €90,917 | +€6,940 | +8.3% |
| Amounts receivable within one year | 40/41 | €64,113 | €74,782 | +€10,669 | +16.6% |
| Trade receivables | 40 | €43,117 | €50,250 | +€7,133 | +16.5% |
| Other amounts receivable | 41 | €20,996 | €24,532 | +€3,536 | +16.8% |
| Cash at bank and in hand | 54/58 | €19,865 | €16,135 | -€3,729 | -18.8% |
| Total equity and liabilities | 10/49 | €87,406 | €90,917 | +€3,511 | +4.0% |
| Equity | 10/15 | €45,401 | €54,110 | +€8,709 | +19.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,279 | €19,279 | = | 0.0% |
| Distributable reserves | 133 | €19,279 | €19,279 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,921 | €28,630 | +€8,709 | +43.7% |
| Amounts payable | 17/49 | €42,005 | €36,808 | -€5,197 | -12.4% |
| Amounts payable within one year | 42/48 | €42,005 | €36,808 | -€5,197 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €1,531 | - | -€1,531 | |
| Trade debts | 44 | €5,041 | €5,928 | +€886 | +17.6% |
| Suppliers | 440/4 | €5,041 | €5,928 | +€886 | +17.6% |
| Advances received on contracts in progress | 46 | - | €5,598 | +€5,598 | |
| Taxes, remuneration and social security | 45 | €22,309 | €22,664 | +€355 | +1.6% |
| Taxes | 450/3 | €4,845 | €2,700 | -€2,145 | -44.3% |
| Remuneration and social security | 454/9 | €17,464 | €19,964 | +€2,500 | +14.3% |
| Other amounts payable | 47/48 | €13,123 | €2,618 | -€10,505 | -80.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,776 | €3,429 | -€4,347 | -55.9% |
| Other operating charges | 640/8 | €2,061 | €3,059 | +€997 | +48.4% |
| Gross operating margin | 9900 | €32,631 | €21,028 | -€11,602 | -35.6% |
| Operating profit (loss) | 9901 | €22,793 | €14,541 | -€8,252 | -36.2% |
| Financial charges | 65/66B | €2,308 | €3,132 | +€824 | +35.7% |
| Recurring financial charges | 65 | €2,308 | €3,132 | +€824 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | €20,485 | €11,409 | -€9,076 | -44.3% |
| Income taxes | 67/77 | €4,845 | €2,700 | -€2,145 | -44.3% |
| Profit (loss) for the period | 9904 | €15,640 | €8,709 | -€6,931 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,640 | €8,709 | -€6,931 | -44.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.