ONE STEP AHEAD: 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.
ONE STEP AHEAD
Largest movements
- Cash +€9,797
up €9,797 (+171.6%), from €5,708 to €15,505
mainly Receivables within one year (+€9,638) and Net result for the year (+€1,950)
- Receivables within one year -€9,638
down €9,638 (-22.1%), from €43,643 to €34,005
of which Trade receivables: -€5,421
- Tangible fixed assets +€777
up €777 (+313.3%), from €248 to €1,025
- Tax, wage and social debts -€2,028
down €2,028 (-90.8%), from €2,233 to €205
- Reserves +€1,900
up €1,900 (+6.8%), from €28,000 to €29,900
- Gross operating margin -€17,862
down €17,862 (-87.0%), from €20,539 to €2,677
- Taxes -€5,981
down €5,981 (-77.6%), from €7,707 to €1,726
- Financial income +€847
up €847 (+82.4%), from €1,029 to €1,876
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 | €50,360 | €50,881 | +€521 | +1.0% |
| Fixed assets | 21/28 | €248 | €1,025 | +€777 | +313.3% |
| Tangible fixed assets | 22/27 | €248 | €1,025 | +€777 | +313.3% |
| Furniture and vehicles | 24 | €248 | €1,025 | +€777 | +313.3% |
| Current assets | 29/58 | €50,112 | €49,857 | -€256 | -0.5% |
| Amounts receivable within one year | 40/41 | €43,643 | €34,005 | -€9,638 | -22.1% |
| Trade receivables | 40 | €8,309 | €2,889 | -€5,421 | -65.2% |
| Other amounts receivable | 41 | €35,334 | €31,117 | -€4,217 | -11.9% |
| Cash at bank and in hand | 54/58 | €5,708 | €15,505 | +€9,797 | +171.6% |
| Deferred charges and accrued income | 490/1 | €762 | €346 | -€415 | -54.5% |
| Total equity and liabilities | 10/49 | €50,360 | €50,881 | +€521 | +1.0% |
| Equity | 10/15 | €47,547 | €49,497 | +€1,950 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,000 | €29,900 | +€1,900 | +6.8% |
| Distributable reserves | 133 | €28,000 | €29,900 | +€1,900 | +6.8% |
| Profit (loss) carried forward | 14 | €947 | €997 | +€50 | +5.3% |
| Amounts payable | 17/49 | €2,813 | €1,384 | -€1,429 | -50.8% |
| Amounts payable within one year | 42/48 | €2,401 | €685 | -€1,716 | -71.5% |
| Trade debts | 44 | €168 | €480 | +€312 | +185.9% |
| Suppliers | 440/4 | €168 | €480 | +€312 | +185.9% |
| Taxes, remuneration and social security | 45 | €2,233 | €205 | -€2,028 | -90.8% |
| Taxes | 450/3 | €2,233 | €205 | -€2,028 | -90.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €413 | €699 | +€287 | +69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €198 | €214 | +€16 | +8.2% |
| Other operating charges | 640/8 | €589 | €597 | +€8 | +1.4% |
| Gross operating margin | 9900 | €20,539 | €2,677 | -€17,862 | -87.0% |
| Operating profit (loss) | 9901 | €19,752 | €1,865 | -€17,887 | -90.6% |
| Financial income | 75/76B | €1,029 | €1,876 | +€847 | +82.4% |
| Recurring financial income | 75 | €1,029 | €1,876 | +€847 | +82.4% |
| Financial charges | 65/66B | €43 | €66 | +€22 | +50.7% |
| Recurring financial charges | 65 | €43 | €66 | +€22 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | €20,738 | €3,676 | -€17,061 | -82.3% |
| Income taxes | 67/77 | €7,707 | €1,726 | -€5,981 | -77.6% |
| Profit (loss) for the period | 9904 | €13,030 | €1,950 | -€11,080 | -85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,030 | €1,950 | -€11,080 | -85.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.