One V: 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 V
Largest movements
- Cash +€26,012
up €26,012 (+242%), from €10,744 to €36,756
mainly Receivables within one year (+€16,111) and Depreciation (+€5,610)
- Receivables within one year -€16,111
down €16,111 (-13.4%), from €120,328 to €104,217
of which Other amounts receivable: -€8,362
- Tangible fixed assets -€2,963
down €2,963 (-15.0%), from €19,815 to €16,852
of which Other tangible fixed assets: -€1,833
- Other debts +€2,255
up €2,255 (+890%), from €253 to €2,508
- Trade debts +€2,237
up €2,237 (+140%), from €1,600 to €3,837
- Tax, wage and social debts +€2,232
up €2,232 (+382%), from €584 to €2,816
- Gross operating margin +€30,039
up €30,039, from -€17,053 to €12,986
- Other operating charges +€5,385
up €5,385 (+1,555%), from €346 to €5,731
- Depreciation -€3,183
down €3,183 (-36.2%), from €8,793 to €5,610
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 | €150,944 | €158,625 | +€7,681 | +5.1% |
| Fixed assets | 21/28 | €19,872 | €16,909 | -€2,963 | -14.9% |
| Tangible fixed assets | 22/27 | €19,815 | €16,852 | -€2,963 | -15.0% |
| Furniture and vehicles | 24 | €2,696 | €1,566 | -€1,130 | -41.9% |
| Other tangible fixed assets | 26 | €17,119 | €15,285 | -€1,833 | -10.7% |
| Financial fixed assets | 28 | €57 | €57 | = | 0.0% |
| Current assets | 29/58 | €131,073 | €141,716 | +€10,644 | +8.1% |
| Amounts receivable within one year | 40/41 | €120,328 | €104,217 | -€16,111 | -13.4% |
| Trade receivables | 40 | €9,698 | €1,949 | -€7,749 | -79.9% |
| Other amounts receivable | 41 | €110,631 | €102,269 | -€8,362 | -7.6% |
| Cash at bank and in hand | 54/58 | €10,744 | €36,756 | +€26,012 | +242% |
| Deferred charges and accrued income | 490/1 | - | €742 | +€742 | |
| Total equity and liabilities | 10/49 | €150,944 | €158,625 | +€7,681 | +5.1% |
| Equity | 10/15 | €148,506 | €149,463 | +€957 | +0.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €113,300 | €113,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,500 | €9,500 | = | 0.0% |
| Legal reserve | 130 | €9,500 | €9,500 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €103,800 | +€103,800 | |
| Distributable reserves | 133 | €103,800 | - | -€103,800 | |
| Profit (loss) carried forward | 14 | -€26,294 | -€25,337 | +€957 | +3.6% |
| Amounts payable | 17/49 | €2,438 | €9,162 | +€6,724 | +276% |
| Amounts payable within one year | 42/48 | €2,438 | €9,162 | +€6,724 | +276% |
| Trade debts | 44 | €1,600 | €3,837 | +€2,237 | +140% |
| Suppliers | 440/4 | €1,600 | €3,837 | +€2,237 | +140% |
| Taxes, remuneration and social security | 45 | €584 | €2,816 | +€2,232 | +382% |
| Taxes | 450/3 | €584 | €2,816 | +€2,232 | +382% |
| Other amounts payable | 47/48 | €253 | €2,508 | +€2,255 | +890% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,793 | €5,610 | -€3,183 | -36.2% |
| Other operating charges | 640/8 | €346 | €5,731 | +€5,385 | +1,555% |
| Non-recurring operating charges | 66A | - | €632 | +€632 | |
| Gross operating margin | 9900 | -€17,053 | €12,986 | +€30,039 | |
| Operating profit (loss) | 9901 | -€26,192 | €1,013 | +€27,206 | |
| Financial income | 75/76B | €6 | €0 | -€6 | -92.8% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -92.8% |
| Financial charges | 65/66B | €71 | €57 | -€14 | -19.9% |
| Recurring financial charges | 65 | €71 | €57 | -€14 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€26,257 | €957 | +€27,214 | |
| Profit (loss) for the period | 9904 | -€26,257 | €957 | +€27,214 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,257 | €957 | +€27,214 |
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.