OVER 360°: 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.
OVER 360°
Largest movements
- Receivables within one year -€62,407
down €62,407 (-48.0%), from €129,959 to €67,552
of which Other amounts receivable: -€39,869
- Cash +€58,462
up €58,462 (+41.1%), from €142,394 to €200,856
mainly Receivables within one year (+€62,407) and Trade debts (+€5,452)
- Tax, wage and social debts -€7,199
no longer reported in 2026 (was €7,199)
- Trade debts +€5,452
up €5,452 (+379%), from €1,439 to €6,891
- Profit (loss) carried forward -€4,673
down €4,673 (-2.0%), from €233,526 to €228,853
- Gross operating margin -€38,632
down €38,632, from €38,024 to -€608
- Taxes -€6,247
no longer reported in 2026 (was €6,247)
- Financial charges -€6,217
down €6,217 (-71.4%), from €8,705 to €2,489
- Staff costs -€5,346
no longer reported in 2026 (was €5,346)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,431 | €269,909 | -€5,522 | -2.0% |
| Fixed assets | 21/28 | €3,078 | €1,501 | -€1,577 | -51.2% |
| Tangible fixed assets | 22/27 | €3,078 | €1,501 | -€1,577 | -51.2% |
| Furniture and vehicles | 24 | €3,078 | €1,501 | -€1,577 | -51.2% |
| Current assets | 29/58 | €272,353 | €268,408 | -€3,945 | -1.4% |
| Amounts receivable within one year | 40/41 | €129,959 | €67,552 | -€62,407 | -48.0% |
| Trade receivables | 40 | €24,200 | €1,663 | -€22,538 | -93.1% |
| Other amounts receivable | 41 | €105,759 | €65,890 | -€39,869 | -37.7% |
| Cash at bank and in hand | 54/58 | €142,394 | €200,856 | +€58,462 | +41.1% |
| Total equity and liabilities | 10/49 | €275,431 | €269,909 | -€5,522 | -2.0% |
| Equity | 10/15 | €252,697 | €248,024 | -€4,673 | -1.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,171 | €16,171 | = | 0.0% |
| Distributable reserves | 133 | €16,171 | €16,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | €233,526 | €228,853 | -€4,673 | -2.0% |
| Amounts payable | 17/49 | €22,734 | €21,885 | -€848 | -3.7% |
| Amounts payable within one year | 42/48 | €22,734 | €21,885 | -€848 | -3.7% |
| Trade debts | 44 | €1,439 | €6,891 | +€5,452 | +379% |
| Suppliers | 440/4 | €1,439 | €6,891 | +€5,452 | +379% |
| Taxes, remuneration and social security | 45 | €7,199 | - | -€7,199 | |
| Taxes | 450/3 | €7,199 | - | -€7,199 | |
| Other amounts payable | 47/48 | €14,096 | €14,994 | +€898 | +6.4% |
| Remuneration, social security and pensions | 62 | €5,346 | - | -€5,346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,441 | €1,577 | +€136 | +9.4% |
| Other operating charges | 640/8 | €114 | - | -€114 | |
| Gross operating margin | 9900 | €38,024 | -€608 | -€38,632 | |
| Operating profit (loss) | 9901 | €31,123 | -€2,185 | -€33,308 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €8,705 | €2,489 | -€6,217 | -71.4% |
| Recurring financial charges | 65 | €8,705 | €2,489 | -€6,217 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €22,418 | -€4,673 | -€27,091 | |
| Income taxes | 67/77 | €6,247 | - | -€6,247 | |
| Profit (loss) for the period | 9904 | €16,171 | -€4,673 | -€20,844 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,171 | -€4,673 | -€20,844 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.