ONE POINT: what changed
ONE POINT
Largest movements
- Stocks and contracts +€5,015
new in 2025: €5,015
- Receivables within one year -€2,074
down €2,074 (-18.7%), from €11,113 to €9,039
- Cash -€2,056
down €2,056 (-42.9%), from €4,799 to €2,742
mainly Stocks and contracts (-€5,015) and Trade debts (-€1,830)
- Other debts +€2,500
new in 2025: €2,500
- Trade debts -€1,830
down €1,830 (-15.0%), from €12,188 to €10,358
- Tax, wage and social debts +€524
up €524 (+14.5%), from €3,601 to €4,125
- Profit (loss) carried forward -€309
down €309 (-8.6%), from -€3,599 to -€3,908
- Gross operating margin +€4,485
up €4,485 (+1,265%), from €354 to €4,839
- Taxes +€556
up €556 (+34.5%), from €1,612 to €2,168
- Other operating charges -€240
down €240 (-25.3%), from €947 to €707
- Financial charges -€188
down €188 (-7.6%), from €2,461 to €2,273
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,190 | €18,075 | +€884 | +5.1% |
| Current assets | 29/58 | €17,190 | €18,075 | +€884 | +5.1% |
| Stocks and contracts in progress | 3 | - | €5,015 | +€5,015 | |
| Contracts in progress | 37 | - | €5,015 | +€5,015 | |
| Amounts receivable within one year | 40/41 | €11,113 | €9,039 | -€2,074 | -18.7% |
| Trade receivables | 40 | €11,113 | €9,039 | -€2,074 | -18.7% |
| Cash at bank and in hand | 54/58 | €4,799 | €2,742 | -€2,056 | -42.9% |
| Deferred charges and accrued income | 490/1 | €1,278 | €1,278 | = | 0.0% |
| Total equity and liabilities | 10/49 | €17,190 | €18,075 | +€884 | +5.1% |
| Equity | 10/15 | €1,401 | €1,092 | -€309 | -22.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,599 | -€3,908 | -€309 | -8.6% |
| Amounts payable | 17/49 | €15,789 | €16,983 | +€1,193 | +7.6% |
| Amounts payable within one year | 42/48 | €15,789 | €16,983 | +€1,193 | +7.6% |
| Trade debts | 44 | €12,188 | €10,358 | -€1,830 | -15.0% |
| Suppliers | 440/4 | €12,188 | €10,358 | -€1,830 | -15.0% |
| Taxes, remuneration and social security | 45 | €3,601 | €4,125 | +€524 | +14.5% |
| Taxes | 450/3 | €3,601 | €4,125 | +€524 | +14.5% |
| Other amounts payable | 47/48 | - | €2,500 | +€2,500 | |
| Other operating charges | 640/8 | €947 | €707 | -€240 | -25.3% |
| Gross operating margin | 9900 | €354 | €4,839 | +€4,485 | +1,265% |
| Operating profit (loss) | 9901 | -€592 | €4,132 | +€4,724 | |
| Financial charges | 65/66B | €2,461 | €2,273 | -€188 | -7.6% |
| Recurring financial charges | 65 | €2,461 | €2,273 | -€188 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,053 | €1,859 | +€4,912 | |
| Income taxes | 67/77 | €1,612 | €2,168 | +€556 | +34.5% |
| Profit (loss) for the period | 9904 | -€4,665 | -€309 | +€4,356 | +93.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,665 | -€309 | +€4,356 | +93.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.