ONE: what changed
Two fiscal 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.
ONE
Largest movements
- Cash -€5,263
down €5,263 (-37.0%), from €14,216 to €8,953
mainly Net result for the year (-€4,230) and Investment in fixed assets (net) (-€1,317)
- Tangible fixed assets +€1,261
new in 2025: €1,261
- Profit (loss) carried forward -€4,230
down €4,230 (-1.3%), from -€328,132 to -€332,362
- Gross operating margin +€5,723
up €5,723 (+65.7%), from -€8,708 to -€2,985
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 | €114,656 | €109,666 | -€4,990 | -4.4% |
| Fixed assets | 21/28 | €7,336 | €7,986 | +€649 | +8.8% |
| Intangible fixed assets | 21 | €7,336 | €6,725 | -€611 | -8.3% |
| Tangible fixed assets | 22/27 | - | €1,261 | +€1,261 | |
| Furniture and vehicles | 24 | - | €1,261 | +€1,261 | |
| Current assets | 29/58 | €107,320 | €101,680 | -€5,639 | -5.3% |
| Stocks and contracts in progress | 3 | €92,037 | €91,182 | -€856 | -0.9% |
| Stocks | 30/36 | €92,037 | €91,182 | -€856 | -0.9% |
| Amounts receivable within one year | 40/41 | €1,004 | €1,489 | +€484 | +48.2% |
| Trade receivables | 40 | - | €400 | +€400 | |
| Other amounts receivable | 41 | €1,004 | €1,089 | +€84 | +8.4% |
| Cash at bank and in hand | 54/58 | €14,216 | €8,953 | -€5,263 | -37.0% |
| Deferred charges and accrued income | 490/1 | €63 | €57 | -€5 | -8.2% |
| Total equity and liabilities | 10/49 | €114,656 | €109,666 | -€4,990 | -4.4% |
| Equity | 10/15 | -€71,224 | -€75,454 | -€4,230 | -5.9% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €9,014 | €9,014 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,014 | €9,014 | = | 0.0% |
| Legal reserve | 130 | €9,014 | €9,014 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€328,132 | -€332,362 | -€4,230 | -1.3% |
| Amounts payable | 17/49 | €185,880 | €185,120 | -€760 | -0.4% |
| Amounts payable after more than one year | 17 | €171,544 | €170,838 | -€706 | -0.4% |
| Other amounts payable | 178/9 | €171,544 | €170,838 | -€706 | -0.4% |
| Amounts payable within one year | 42/48 | €14,336 | €14,282 | -€54 | -0.4% |
| Trade debts | 44 | €7,238 | €7,033 | -€205 | -2.8% |
| Suppliers | 440/4 | €7,238 | €7,033 | -€205 | -2.8% |
| Taxes, remuneration and social security | 45 | €3,848 | €3,998 | +€151 | +3.9% |
| Taxes | 450/3 | €3,848 | €3,998 | +€151 | +3.9% |
| Other amounts payable | 47/48 | €3,250 | €3,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €611 | €668 | +€56 | +9.2% |
| Other operating charges | 640/8 | €525 | €531 | +€7 | +1.2% |
| Gross operating margin | 9900 | -€8,708 | -€2,985 | +€5,723 | +65.7% |
| Operating profit (loss) | 9901 | -€9,844 | -€4,184 | +€5,660 | +57.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €103 | €46 | -€57 | -55.1% |
| Recurring financial charges | 65 | €103 | €46 | -€57 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,947 | -€4,230 | +€5,717 | +57.5% |
| Profit (loss) for the period | 9904 | -€9,947 | -€4,230 | +€5,717 | +57.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,947 | -€4,230 | +€5,717 | +57.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.