OUTLINES: 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.
OUTLINES
Largest movements
- Receivables within one year +€9,357
up €9,357 (+603.5%), from €1,551 to €10,908
of which Trade receivables: +€9,644
- Cash +€6,238
up €6,238 (+271.1%), from €2,301 to €8,539
mainly Tax, wage and social debts (+€6,203) and Other debts (+€5,946)
- Deferred charges and accrued income +€6,000
up €6,000 (+2501.1%), from €240 to €6,240
- Intangible fixed assets -€3,261
no longer reported in 2025 (was €3,261)
- Tax, wage and social debts +€6,203
up €6,203 (+2683.5%), from €231 to €6,434
of which Taxes: +€4,703
- Other debts +€5,946
up €5,946 (+40.3%), from €14,738 to €20,684
- Reserves +€4,093
new in 2025: €4,093
- Profit (loss) carried forward +€1,833
no longer reported in 2025 (was -€1,833)
- Gross operating margin +€6,696
up €6,696 (+124.5%), from €5,379 to €12,075
- Depreciation -€2,675
down €2,675 (-44.3%), from €6,044 to €3,368
- Taxes +€906
new in 2025: €906
- Financial charges +€807
up €807 (+92.0%), from €877 to €1,684
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 | €15,201 | €33,429 | +€18,228 | +119.9% |
| Fixed assets | 21/28 | €11,109 | €7,741 | -€3,368 | -30.3% |
| Intangible fixed assets | 21 | €3,261 | - | -€3,261 | |
| Tangible fixed assets | 22/27 | €7,848 | €7,741 | -€107 | -1.4% |
| Plant, machinery and equipment | 23 | €6,156 | €6,688 | +€532 | +8.6% |
| Furniture and vehicles | 24 | €1,692 | €1,053 | -€639 | -37.7% |
| Current assets | 29/58 | €4,092 | €25,688 | +€21,596 | +527.8% |
| Amounts receivable within one year | 40/41 | €1,551 | €10,908 | +€9,357 | +603.5% |
| Trade receivables | 40 | €1,264 | €10,908 | +€9,644 | +763.0% |
| Other amounts receivable | 41 | €287 | - | -€287 | |
| Cash at bank and in hand | 54/58 | €2,301 | €8,539 | +€6,238 | +271.1% |
| Deferred charges and accrued income | 490/1 | €240 | €6,240 | +€6,000 | +2501.1% |
| Total equity and liabilities | 10/49 | €15,201 | €33,429 | +€18,228 | +119.9% |
| Equity | 10/15 | €167 | €6,093 | +€5,926 | +3547.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €4,093 | +€4,093 | |
| Distributable reserves | 133 | - | €4,093 | +€4,093 | |
| Profit (loss) carried forward | 14 | -€1,833 | - | +€1,833 | |
| Amounts payable | 17/49 | €15,034 | €27,336 | +€12,302 | +81.8% |
| Amounts payable within one year | 42/48 | €15,034 | €27,336 | +€12,302 | +81.8% |
| Trade debts | 44 | €65 | €218 | +€153 | +236.3% |
| Suppliers | 440/4 | €65 | €218 | +€153 | +236.3% |
| Taxes, remuneration and social security | 45 | €231 | €6,434 | +€6,203 | +2683.5% |
| Taxes | 450/3 | €231 | €4,934 | +€4,703 | +2034.6% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €14,738 | €20,684 | +€5,946 | +40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,044 | €3,368 | -€2,675 | -44.3% |
| Other operating charges | 640/8 | €291 | €190 | -€101 | -34.8% |
| Gross operating margin | 9900 | €5,379 | €12,075 | +€6,696 | +124.5% |
| Operating profit (loss) | 9901 | -€956 | €8,517 | +€9,472 | |
| Financial charges | 65/66B | €877 | €1,684 | +€807 | +92.0% |
| Recurring financial charges | 65 | €877 | €1,684 | +€807 | +92.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,833 | €6,832 | +€8,665 | |
| Income taxes | 67/77 | - | €906 | +€906 | |
| Profit (loss) for the period | 9904 | -€1,833 | €5,926 | +€7,759 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,833 | €5,926 | +€7,759 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.