ON LINE MANAGEMENT: 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.
ON LINE MANAGEMENT
Largest movements
- Receivables within one year +€97,928
up €97,928 (+1,598%), from €6,130 to €104,058
of which Other amounts receivable: +€91,254
- Cash -€30,713
down €30,713 (-26.0%), from €117,984 to €87,271
mainly Receivables within one year (-€97,928) and Tax, wage and social debts (-€10,577)
- Financial fixed assets +€5,000
up €5,000 (+2.2%), from €230,590 to €235,590
- Reserves +€85,228
up €85,228 (+45.8%), from €186,050 to €271,279
of which Distributable reserves: +€77,109
- Tax, wage and social debts -€10,577
down €10,577 (-48.1%), from €21,971 to €11,394
- Gross operating margin +€49,673
up €49,673 (+66.9%), from €74,239 to €123,911
- Taxes +€19,423
up €19,423 (+95.4%), from €20,350 to €39,773
- Financial income +€2,436
new in 2025: €2,436
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 | €398,431 | €473,082 | +€74,651 | +18.7% |
| Fixed assets | 21/28 | €230,590 | €235,590 | +€5,000 | +2.2% |
| Financial fixed assets | 28 | €230,590 | €235,590 | +€5,000 | +2.2% |
| Current assets | 29/58 | €167,841 | €237,492 | +€69,651 | +41.5% |
| Amounts receivable after more than one year | 29 | €43,727 | €46,163 | +€2,436 | +5.6% |
| Other amounts receivable | 291 | €43,727 | €46,163 | +€2,436 | +5.6% |
| Amounts receivable within one year | 40/41 | €6,130 | €104,058 | +€97,928 | +1,598% |
| Trade receivables | 40 | €5,951 | €12,625 | +€6,674 | +112% |
| Other amounts receivable | 41 | €179 | €91,433 | +€91,254 | +50,934% |
| Cash at bank and in hand | 54/58 | €117,984 | €87,271 | -€30,713 | -26.0% |
| Total equity and liabilities | 10/49 | €398,431 | €473,082 | +€74,651 | +18.7% |
| Equity | 10/15 | €375,679 | €460,907 | +€85,228 | +22.7% |
| Reserves | 13 | €186,050 | €271,279 | +€85,228 | +45.8% |
| Non-distributable reserves | 130/1 | - | €8,119 | +€8,119 | |
| Reserves not available under the articles | 1311 | - | €8,119 | +€8,119 | |
| Distributable reserves | 133 | €186,050 | €263,160 | +€77,109 | +41.4% |
| Profit (loss) carried forward | 14 | €189,628 | €189,628 | = | 0.0% |
| Amounts payable | 17/49 | €22,752 | €12,175 | -€10,577 | -46.5% |
| Amounts payable within one year | 42/48 | €22,752 | €12,175 | -€10,577 | -46.5% |
| Taxes, remuneration and social security | 45 | €21,971 | €11,394 | -€10,577 | -48.1% |
| Taxes | 450/3 | €21,971 | €11,394 | -€10,577 | -48.1% |
| Other amounts payable | 47/48 | €781 | €781 | = | 0.0% |
| Other operating charges | 640/8 | €550 | €513 | -€37 | -6.7% |
| Non-recurring operating charges | 66A | - | €426 | +€426 | |
| Gross operating margin | 9900 | €74,239 | €123,911 | +€49,673 | +66.9% |
| Operating profit (loss) | 9901 | €73,688 | €122,973 | +€49,284 | +66.9% |
| Financial income | 75/76B | - | €2,436 | +€2,436 | |
| Recurring financial income | 75 | - | €2,436 | +€2,436 | |
| Financial charges | 65/66B | €498 | €407 | -€91 | -18.2% |
| Recurring financial charges | 65 | €498 | €407 | -€91 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €73,191 | €125,001 | +€51,811 | +70.8% |
| Income taxes | 67/77 | €20,350 | €39,773 | +€19,423 | +95.4% |
| Profit (loss) for the period | 9904 | €52,841 | €85,228 | +€32,387 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,841 | €85,228 | +€32,387 | +61.3% |
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 22 October 2026 via checked.be.