OLDSCOOL MECHANICS: 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.
OLDSCOOL MECHANICS
Largest movements
- Receivables within one year -€39,752
down €39,752 (-87.4%), from €45,507 to €5,755
- Stocks and contracts -€9,677
down €9,677 (-31.7%), from €30,542 to €20,864
- Tangible fixed assets -€8,000
down €8,000 (-20.3%), from €39,452 to €31,452
- Cash -€5,657
down €5,657 (-83.0%), from €6,817 to €1,160
mainly Trade debts (-€37,896) and Debts after one year (-€30,885)
- Trade debts -€37,896
down €37,896 (-93.5%), from €40,541 to €2,645
- Debts after one year -€30,885
down €30,885 (-16.4%), from €188,848 to €157,962
- Profit (loss) carried forward +€8,034
up €8,034 (+5.9%), from -€136,086 to -€128,052
- Short-term financial debts -€3,034
down €3,034 (-48.9%), from €6,208 to €3,174
- Gross operating margin +€14,900
up €14,900 (+180%), from €8,292 to €23,193
- Other operating charges -€10,834
down €10,834 (-66.4%), from €16,305 to €5,471
- Depreciation +€7,452
up €7,452 (+1,360%), from €548 to €8,000
- Financial charges -€299
down €299 (-14.9%), from €2,000 to €1,701
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 | €122,317 | €59,231 | -€63,086 | -51.6% |
| Fixed assets | 21/28 | €39,452 | €31,452 | -€8,000 | -20.3% |
| Tangible fixed assets | 22/27 | €39,452 | €31,452 | -€8,000 | -20.3% |
| Plant, machinery and equipment | 23 | €39,452 | €31,452 | -€8,000 | -20.3% |
| Current assets | 29/58 | €82,865 | €27,779 | -€55,086 | -66.5% |
| Stocks and contracts in progress | 3 | €30,542 | €20,864 | -€9,677 | -31.7% |
| Stocks | 30/36 | €30,542 | €20,864 | -€9,677 | -31.7% |
| Amounts receivable within one year | 40/41 | €45,507 | €5,755 | -€39,752 | -87.4% |
| Trade receivables | 40 | €45,507 | €5,755 | -€39,752 | -87.4% |
| Cash at bank and in hand | 54/58 | €6,817 | €1,160 | -€5,657 | -83.0% |
| Total equity and liabilities | 10/49 | €122,317 | €59,231 | -€63,086 | -51.6% |
| Equity | 10/15 | -€115,727 | -€107,693 | +€8,034 | +6.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,767 | €1,767 | = | 0.0% |
| Distributable reserves | 133 | €1,767 | €1,767 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,086 | -€128,052 | +€8,034 | +5.9% |
| Amounts payable | 17/49 | €238,044 | €166,925 | -€71,120 | -29.9% |
| Amounts payable after more than one year | 17 | €188,848 | €157,962 | -€30,885 | -16.4% |
| Financial debts | 170/4 | €188,848 | €157,962 | -€30,885 | -16.4% |
| Amounts payable within one year | 42/48 | €49,196 | €8,962 | -€40,234 | -81.8% |
| Financial debts | 43 | €6,208 | €3,174 | -€3,034 | -48.9% |
| Credit institutions | 430/8 | €6,208 | €3,174 | -€3,034 | -48.9% |
| Trade debts | 44 | €40,541 | €2,645 | -€37,896 | -93.5% |
| Suppliers | 440/4 | €40,541 | €2,645 | -€37,896 | -93.5% |
| Taxes, remuneration and social security | 45 | €2,447 | €3,143 | +€696 | +28.4% |
| Taxes | 450/3 | €2,447 | €3,143 | +€696 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €548 | €8,000 | +€7,452 | +1,360% |
| Other operating charges | 640/8 | €16,305 | €5,471 | -€10,834 | -66.4% |
| Gross operating margin | 9900 | €8,292 | €23,193 | +€14,900 | +180% |
| Operating profit (loss) | 9901 | -€8,561 | €9,722 | +€18,282 | |
| Financial income | 75/76B | €0 | €13 | +€13 | +63,250% |
| Recurring financial income | 75 | €0 | €13 | +€13 | +63,250% |
| Financial charges | 65/66B | €2,000 | €1,701 | -€299 | -14.9% |
| Recurring financial charges | 65 | €2,000 | €1,701 | -€299 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,560 | €8,034 | +€18,594 | |
| Profit (loss) for the period | 9904 | -€10,560 | €8,034 | +€18,594 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,560 | €8,034 | +€18,594 |
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 16 October 2026 via checked.be.