OPENGRAPHY: 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.
OPENGRAPHY
Largest movements
- Cash +€84,251
up €84,251 (+66.6%), from €126,502 to €210,752
mainly Trade debts (+€39,607) and Depreciation (+€29,262)
- Tangible fixed assets -€22,592
down €22,592 (-9.8%), from €230,070 to €207,477
of which Land and buildings: -€13,335
- Receivables within one year -€10,270
down €10,270 (-3.4%), from €302,695 to €292,425
of which Trade receivables: -€8,375
- Trade debts +€39,607
up €39,607 (+55.5%), from €71,351 to €110,958
- Other debts -€36,178
down €36,178 (-90.2%), from €40,127 to €3,949
- Profit (loss) carried forward +€25,478
up €25,478 (+134.1%), from €18,992 to €44,471
- Current portion of long-term debt +€16,284
up €16,284 (+44.7%), from €36,410 to €52,694
- Debts after one year -€13,913
down €13,913 (-4.4%), from €315,112 to €301,199
of which Financial debts: -€13,913
- Gross operating margin -€39,021
down €39,021 (-5.7%), from €685,670 to €646,649
- Taxes -€8,350
down €8,350 (-43.6%), from €19,131 to €10,781
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 | €674,372 | €725,731 | +€51,360 | +7.6% |
| Fixed assets | 21/28 | €234,345 | €209,652 | -€24,692 | -10.5% |
| Tangible fixed assets | 22/27 | €230,070 | €207,477 | -€22,592 | -9.8% |
| Land and buildings | 22 | €190,771 | €177,436 | -€13,335 | -7.0% |
| Plant, machinery and equipment | 23 | €14,427 | €13,052 | -€1,375 | -9.5% |
| Furniture and vehicles | 24 | €24,872 | €16,989 | -€7,883 | -31.7% |
| Financial fixed assets | 28 | €4,275 | €2,175 | -€2,100 | -49.1% |
| Current assets | 29/58 | €440,027 | €516,079 | +€76,052 | +17.3% |
| Amounts receivable within one year | 40/41 | €302,695 | €292,425 | -€10,270 | -3.4% |
| Trade receivables | 40 | €288,064 | €279,689 | -€8,375 | -2.9% |
| Other amounts receivable | 41 | €14,631 | €12,736 | -€1,895 | -13.0% |
| Cash at bank and in hand | 54/58 | €126,502 | €210,752 | +€84,251 | +66.6% |
| Deferred charges and accrued income | 490/1 | €10,830 | €12,902 | +€2,072 | +19.1% |
| Total equity and liabilities | 10/49 | €674,372 | €725,731 | +€51,360 | +7.6% |
| Equity | 10/15 | €55,052 | €80,531 | +€25,478 | +46.3% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Reserves | 13 | €28,860 | €28,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,000 | €27,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,992 | €44,471 | +€25,478 | +134.1% |
| Amounts payable | 17/49 | €619,319 | €645,201 | +€25,882 | +4.2% |
| Amounts payable after more than one year | 17 | €315,112 | €301,199 | -€13,913 | -4.4% |
| Financial debts | 170/4 | €218,043 | €204,130 | -€13,913 | -6.4% |
| Trade debts | 175 | €97,069 | €97,069 | = | 0.0% |
| Amounts payable within one year | 42/48 | €303,951 | €341,704 | +€37,753 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €36,410 | €52,694 | +€16,284 | +44.7% |
| Financial debts | 43 | €3,539 | €9,482 | +€5,943 | +167.9% |
| Credit institutions | 430/8 | €3,539 | €9,482 | +€5,943 | +167.9% |
| Trade debts | 44 | €71,351 | €110,958 | +€39,607 | +55.5% |
| Suppliers | 440/4 | €71,351 | €110,958 | +€39,607 | +55.5% |
| Taxes, remuneration and social security | 45 | €152,525 | €164,622 | +€12,097 | +7.9% |
| Taxes | 450/3 | €74,552 | €83,208 | +€8,657 | +11.6% |
| Remuneration and social security | 454/9 | €77,974 | €81,414 | +€3,441 | +4.4% |
| Other amounts payable | 47/48 | €40,127 | €3,949 | -€36,178 | -90.2% |
| Accrued charges and deferred income | 492/3 | €256 | €2,297 | +€2,041 | +797.3% |
| Remuneration, social security and pensions | 62 | €570,332 | €563,756 | -€6,577 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,616 | €29,262 | -€3,354 | -10.3% |
| Other operating charges | 640/8 | €7,010 | €7,912 | +€902 | +12.9% |
| Non-recurring operating charges | 66A | €4,019 | - | -€4,019 | |
| Gross operating margin | 9900 | €685,670 | €646,649 | -€39,021 | -5.7% |
| Operating profit (loss) | 9901 | €71,693 | €45,720 | -€25,973 | -36.2% |
| Financial income | 75/76B | €237 | €782 | +€545 | +230.4% |
| Recurring financial income | 75 | €237 | €782 | +€545 | +230.4% |
| Financial charges | 65/66B | €12,358 | €10,243 | -€2,114 | -17.1% |
| Recurring financial charges | 65 | €12,358 | €10,243 | -€2,114 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €59,572 | €36,259 | -€23,313 | -39.1% |
| Income taxes | 67/77 | €19,131 | €10,781 | -€8,350 | -43.6% |
| Profit (loss) for the period | 9904 | €40,441 | €25,478 | -€14,963 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,441 | €25,478 | -€14,963 | -37.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.