OVERIJSE CHALLENGE FOUR: what changed
OVERIJSE CHALLENGE FOUR
Largest movements
- Stocks and contracts -€71,131
no longer reported in 2025 (was €71,131)
- Receivables within one year -€62,661
no longer reported in 2025 (was €62,661)
- Cash -€28,282
down €28,282 (-76.4%), from €37,000 to €8,718
mainly Trade debts (-€353,065) and Tax, wage and social debts (-€41,799)
- Tangible fixed assets -€3,778
no longer reported in 2025 (was €3,778)
of which Furniture and vehicles: -€2,503
- Trade debts -€353,065
down €353,065 (-97.5%), from €362,112 to €9,047
- Profit (loss) carried forward +€220,610
up €220,610 (+67.2%), from -€328,389 to -€107,779
- Tax, wage and social debts -€41,799
down €41,799 (-99.3%), from €42,099 to €300
of which Remuneration and social security: -€41,849
- Other debts +€7,150
new in 2025: €7,150
- Gross operating margin +€231,914
up €231,914 (+124%), from €186,772 to €418,685
- Staff costs -€159,688
down €159,688 (-46.4%), from €344,450 to €184,762
- Financial charges -€10,422
down €10,422 (-58.3%), from €17,870 to €7,448
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,822 | €8,718 | -€167,104 | -95.0% |
| Fixed assets | 21/28 | €3,778 | - | -€3,778 | |
| Tangible fixed assets | 22/27 | €3,778 | - | -€3,778 | |
| Furniture and vehicles | 24 | €2,503 | - | -€2,503 | |
| Other tangible fixed assets | 26 | €1,275 | - | -€1,275 | |
| Current assets | 29/58 | €172,044 | €8,718 | -€163,326 | -94.9% |
| Stocks and contracts in progress | 3 | €71,131 | - | -€71,131 | |
| Stocks | 30/36 | €71,131 | - | -€71,131 | |
| Amounts receivable within one year | 40/41 | €62,661 | - | -€62,661 | |
| Other amounts receivable | 41 | €62,661 | - | -€62,661 | |
| Cash at bank and in hand | 54/58 | €37,000 | €8,718 | -€28,282 | -76.4% |
| Deferred charges and accrued income | 490/1 | €1,252 | - | -€1,252 | |
| Total equity and liabilities | 10/49 | €175,822 | €8,718 | -€167,104 | -95.0% |
| Equity | 10/15 | -€228,389 | -€7,779 | +€220,610 | +96.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€328,389 | -€107,779 | +€220,610 | +67.2% |
| Amounts payable | 17/49 | €404,211 | €16,497 | -€387,714 | -95.9% |
| Amounts payable within one year | 42/48 | €404,211 | €16,497 | -€387,714 | -95.9% |
| Trade debts | 44 | €362,112 | €9,047 | -€353,065 | -97.5% |
| Suppliers | 440/4 | €362,112 | €9,047 | -€353,065 | -97.5% |
| Taxes, remuneration and social security | 45 | €42,099 | €300 | -€41,799 | -99.3% |
| Taxes | 450/3 | €250 | €300 | +€50 | +20.0% |
| Remuneration and social security | 454/9 | €41,849 | - | -€41,849 | |
| Other amounts payable | 47/48 | - | €7,150 | +€7,150 | |
| Remuneration, social security and pensions | 62 | €344,450 | €184,762 | -€159,688 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,859 | €2,537 | -€1,323 | -34.3% |
| Other operating charges | 640/8 | €2,321 | €3,238 | +€917 | +39.5% |
| Gross operating margin | 9900 | €186,772 | €418,685 | +€231,914 | +124% |
| Operating profit (loss) | 9901 | -€163,858 | €228,149 | +€392,007 | |
| Financial income | 75/76B | €232 | €123 | -€110 | -47.2% |
| Recurring financial income | 75 | €232 | €123 | -€110 | -47.2% |
| Financial charges | 65/66B | €17,870 | €7,448 | -€10,422 | -58.3% |
| Recurring financial charges | 65 | €17,870 | €7,448 | -€10,422 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | -€181,497 | €220,823 | +€402,319 | |
| Income taxes | 67/77 | €245 | €213 | -€32 | -13.1% |
| Profit (loss) for the period | 9904 | -€181,741 | €220,610 | +€402,351 | |
| Profit (loss) for the period to be appropriated | 9905 | -€181,741 | €220,610 | +€402,351 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.