OliviaJoseph: 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.
OliviaJoseph
Largest movements
- Receivables within one year -€11,453
down €11,453 (-72.5%), from €15,801 to €4,348
of which Other amounts receivable: -€13,890
- Cash -€2,043
down €2,043 (-98.8%), from €2,067 to €25
mainly Net result for the year (-€14,152) and Tax, wage and social debts (-€8,178)
- Tangible fixed assets -€1,130
no longer reported in 2025 (was €1,130)
- Deferred charges and accrued income -€1,009
down €1,009 (-54.2%), from €1,861 to €852
- Reserves -€10,000
no longer reported in 2025 (was €10,000)
- Tax, wage and social debts -€8,178
no longer reported in 2025 (was €8,178)
- Trade debts +€4,447
up €4,447 (+456%), from €975 to €5,422
- Profit (loss) carried forward -€4,152
down €4,152, from €706 to -€3,447
- Other debts +€2,249
new in 2025: €2,249
- Gross operating margin -€16,877
down €16,877, from €4,153 to -€12,724
- Taxes -€1,135
no longer reported in 2025 (was €1,135)
- Depreciation -€428
no longer reported in 2025 (was €428)
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 | €20,859 | €5,225 | -€15,634 | -75.0% |
| Fixed assets | 21/28 | €1,130 | - | -€1,130 | |
| Tangible fixed assets | 22/27 | €1,130 | - | -€1,130 | |
| Furniture and vehicles | 24 | €1,130 | - | -€1,130 | |
| Current assets | 29/58 | €19,729 | €5,225 | -€14,504 | -73.5% |
| Amounts receivable within one year | 40/41 | €15,801 | €4,348 | -€11,453 | -72.5% |
| Trade receivables | 40 | €370 | €2,807 | +€2,437 | +659% |
| Other amounts receivable | 41 | €15,431 | €1,541 | -€13,890 | -90.0% |
| Cash at bank and in hand | 54/58 | €2,067 | €25 | -€2,043 | -98.8% |
| Deferred charges and accrued income | 490/1 | €1,861 | €852 | -€1,009 | -54.2% |
| Total equity and liabilities | 10/49 | €20,859 | €5,225 | -€15,634 | -75.0% |
| Equity | 10/15 | €11,706 | -€2,447 | -€14,152 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €10,000 | - | -€10,000 | |
| Distributable reserves | 133 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | €706 | -€3,447 | -€4,152 | |
| Amounts payable | 17/49 | €9,153 | €7,672 | -€1,481 | -16.2% |
| Amounts payable within one year | 42/48 | €9,153 | €7,672 | -€1,481 | -16.2% |
| Trade debts | 44 | €975 | €5,422 | +€4,447 | +456% |
| Suppliers | 440/4 | €975 | €5,422 | +€4,447 | +456% |
| Taxes, remuneration and social security | 45 | €8,178 | - | -€8,178 | |
| Taxes | 450/3 | €8,178 | - | -€8,178 | |
| Other amounts payable | 47/48 | - | €2,249 | +€2,249 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €428 | - | -€428 | |
| Other operating charges | 640/8 | €1,071 | €946 | -€125 | -11.7% |
| Non-recurring operating charges | 66A | €369 | €1,159 | +€790 | +214% |
| Gross operating margin | 9900 | €4,153 | -€12,724 | -€16,877 | |
| Operating profit (loss) | 9901 | €2,285 | -€14,828 | -€17,113 | |
| Financial income | 75/76B | €855 | €801 | -€54 | -6.4% |
| Recurring financial income | 75 | €855 | €801 | -€54 | -6.4% |
| Financial charges | 65/66B | €54 | €124 | +€71 | +132% |
| Recurring financial charges | 65 | €54 | €124 | +€71 | +132% |
| Profit (loss) for the period before taxes | 9903 | €3,086 | -€14,152 | -€17,238 | |
| Income taxes | 67/77 | €1,135 | - | -€1,135 | |
| Profit (loss) for the period | 9904 | €1,951 | -€14,152 | -€16,103 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,951 | -€14,152 | -€16,103 |
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 15 October 2026 via checked.be.