ONLINE FINANCE: 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.
ONLINE FINANCE
Largest movements
- Tangible fixed assets -€21,340
down €21,340 (-2.4%), from €901,173 to €879,833
of which Land and buildings: -€23,223
- Reserves -€44,393
down €44,393 (-6.5%), from €684,096 to €639,703
of which Distributable reserves: -€44,393
- Other debts +€29,737
up €29,737 (+15.5%), from €191,958 to €221,695
- Gross operating margin -€253,553
down €253,553 (-96.3%), from €263,189 to €9,635
- Taxes -€54,479
down €54,479 (-99.3%), from €54,874 to €395
- Financial charges +€5,307
up €5,307 (+52.3%), from €10,140 to €15,447
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 | €903,619 | €882,177 | -€21,442 | -2.4% |
| Fixed assets | 21/28 | €901,173 | €879,833 | -€21,340 | -2.4% |
| Tangible fixed assets | 22/27 | €901,173 | €879,833 | -€21,340 | -2.4% |
| Land and buildings | 22 | €900,886 | €877,663 | -€23,223 | -2.6% |
| Plant, machinery and equipment | 23 | €127 | - | -€127 | |
| Furniture and vehicles | 24 | €161 | €2,171 | +€2,010 | +1,251% |
| Current assets | 29/58 | €2,446 | €2,344 | -€102 | -4.2% |
| Cash at bank and in hand | 54/58 | €988 | €815 | -€173 | -17.5% |
| Deferred charges and accrued income | 490/1 | €1,457 | €1,528 | +€71 | +4.9% |
| Total equity and liabilities | 10/49 | €903,619 | €882,177 | -€21,442 | -2.4% |
| Equity | 10/15 | €696,496 | €652,103 | -€44,393 | -6.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €684,096 | €639,703 | -€44,393 | -6.5% |
| Tax-exempt reserves | 132 | €29,152 | €29,152 | = | 0.0% |
| Distributable reserves | 133 | €654,944 | €610,551 | -€44,393 | -6.8% |
| Amounts payable | 17/49 | €207,123 | €230,074 | +€22,951 | +11.1% |
| Amounts payable within one year | 42/48 | €206,278 | €230,074 | +€23,796 | +11.5% |
| Trade debts | 44 | €2,429 | €3,383 | +€953 | +39.2% |
| Suppliers | 440/4 | €2,429 | €3,383 | +€953 | +39.2% |
| Taxes, remuneration and social security | 45 | €11,890 | €4,997 | -€6,893 | -58.0% |
| Taxes | 450/3 | €11,890 | €4,997 | -€6,893 | -58.0% |
| Other amounts payable | 47/48 | €191,958 | €221,695 | +€29,737 | +15.5% |
| Accrued charges and deferred income | 492/3 | €845 | - | -€845 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,371 | €29,770 | +€399 | +1.4% |
| Other operating charges | 640/8 | €7,747 | €8,417 | +€670 | +8.6% |
| Gross operating margin | 9900 | €263,189 | €9,635 | -€253,553 | -96.3% |
| Operating profit (loss) | 9901 | €226,071 | -€28,551 | -€254,622 | |
| Financial income | 75/76B | €434 | €0 | -€434 | -100.0% |
| Recurring financial income | 75 | €434 | €0 | -€434 | -100.0% |
| Non-recurring financial income | 76B | €434 | - | -€434 | |
| Financial charges | 65/66B | €10,140 | €15,447 | +€5,307 | +52.3% |
| Recurring financial charges | 65 | €10,140 | €15,447 | +€5,307 | +52.3% |
| Profit (loss) for the period before taxes | 9903 | €216,365 | -€43,999 | -€260,363 | |
| Income taxes | 67/77 | €54,874 | €395 | -€54,479 | -99.3% |
| Profit (loss) for the period | 9904 | €161,490 | -€44,393 | -€205,884 | |
| Profit (loss) for the period to be appropriated | 9905 | €161,490 | -€44,393 | -€205,884 |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.