P & V: 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.
What changed
P & V
NACE 96.210, Hairdressing and barber services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€141,577
2024 · €142,227-€650
Equity
€683,877
2024 · €542,300+€141,577
Cash
€236,615
2024 · €555,266-€318,651
Balance sheet total
€945,026
2024 · €803,618+€141,408
Largest movements
Assets
- Current investments +€500,000
new in 2025: €500,000
- Cash -€318,651
down €318,651 (-57.4%), from €555,266 to €236,615
mainly Current investments (-€500,000) and Debts after one year (-€9,382)
- Tangible fixed assets -€34,186
down €34,186 (-15.7%), from €218,420 to €184,234
Equity and liabilities
- Reserves +€141,577
up €141,577 (+26.7%), from €529,892 to €671,469
- Other debts +€10,513
up €10,513 (+7.5%), from €139,681 to €150,194
Income statement
- Gross operating margin +€56,784
up €56,784 (+11.3%), from €500,807 to €557,591
- Staff costs +€55,472
up €55,472 (+22.4%), from €247,710 to €303,183
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.
Result 2024
€142,227
Gross operating margin
+€56,784
Staff costs
-€55,472
Depreciation
-€3,665
Other operating charges
+€1,295
Financial income
+€4,080
Financial charges
-€1,732
Taxes
-€1,940
Result 2025
€141,577
raises the resultlowers the result
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.
From operations
+€196,254
Investment
-€501,724
Financing
-€13,181
Cash 2024
€555,266
From operations (derived)
+€196,254
Net result for the year
+€141,577
Depreciation
+€35,911
Smaller working-capital items
+€1,994
Receivables within one year
+€4,937
Trade debts
-€4,223
Tax, wage and social debts
+€5,546
Other debts
+€10,513
Investment (derived)
-€501,724
Investment in fixed assets (net)
-€1,724
Current investments
-€500,000
Financing
-€13,181
Debts after one year
-€9,382
Current portion of long-term debt
-€3,799
Cash 2025
€236,615
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €803,618 | €945,026 | +€141,408 | +17.6% |
| Fixed assets | 21/28 | €218,420 | €184,234 | -€34,186 | -15.7% |
| Tangible fixed assets | 22/27 | €218,420 | €184,234 | -€34,186 | -15.7% |
| Land and buildings | 22 | €123,611 | €109,587 | -€14,024 | -11.3% |
| Plant, machinery and equipment | 23 | €30,591 | €26,561 | -€4,030 | -13.2% |
| Furniture and vehicles | 24 | €64,218 | €48,085 | -€16,133 | -25.1% |
| Current assets | 29/58 | €585,198 | €760,793 | +€175,594 | +30.0% |
| Stocks and contracts in progress | 3 | €18,463 | €17,694 | -€768 | -4.2% |
| Stocks | 30/36 | €18,463 | €17,694 | -€768 | -4.2% |
| Amounts receivable within one year | 40/41 | €6,065 | €1,128 | -€4,937 | -81.4% |
| Trade receivables | 40 | €5,750 | - | -€5,750 | |
| Other amounts receivable | 41 | €314 | €1,128 | +€814 | +259% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €555,266 | €236,615 | -€318,651 | -57.4% |
| Deferred charges and accrued income | 490/1 | €5,405 | €5,356 | -€49 | -0.9% |
| Total equity and liabilities | 10/49 | €803,618 | €945,026 | +€141,408 | +17.6% |
| Equity | 10/15 | €542,300 | €683,877 | +€141,577 | +26.1% |
| Contributions | 10/11 | €12,408 | €12,408 | = | 0.0% |
| Reserves | 13 | €529,892 | €671,469 | +€141,577 | +26.7% |
| Distributable reserves | 133 | €529,892 | €671,469 | +€141,577 | +26.7% |
| Amounts payable | 17/49 | €261,318 | €261,149 | -€169 | -0.1% |
| Amounts payable after more than one year | 17 | €20,896 | €11,514 | -€9,382 | -44.9% |
| Financial debts | 170/4 | €20,896 | €11,514 | -€9,382 | -44.9% |
| Amounts payable within one year | 42/48 | €234,508 | €242,545 | +€8,037 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €13,181 | €9,382 | -€3,799 | -28.8% |
| Trade debts | 44 | €8,553 | €4,329 | -€4,223 | -49.4% |
| Suppliers | 440/4 | €8,553 | €4,329 | -€4,223 | -49.4% |
| Taxes, remuneration and social security | 45 | €73,094 | €78,640 | +€5,546 | +7.6% |
| Taxes | 450/3 | €58,388 | €62,505 | +€4,117 | +7.1% |
| Remuneration and social security | 454/9 | €14,705 | €16,135 | +€1,429 | +9.7% |
| Other amounts payable | 47/48 | €139,681 | €150,194 | +€10,513 | +7.5% |
| Accrued charges and deferred income | 492/3 | €5,914 | €7,090 | +€1,176 | +19.9% |
| Remuneration, social security and pensions | 62 | €247,710 | €303,183 | +€55,472 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,245 | €35,911 | +€3,665 | +11.4% |
| Other operating charges | 640/8 | €5,584 | €4,290 | -€1,295 | -23.2% |
| Gross operating margin | 9900 | €500,807 | €557,591 | +€56,784 | +11.3% |
| Operating profit (loss) | 9901 | €215,266 | €214,208 | -€1,059 | -0.5% |
| Financial income | 75/76B | €6,193 | €10,273 | +€4,080 | +65.9% |
| Recurring financial income | 75 | €6,193 | €10,273 | +€4,080 | +65.9% |
| Financial charges | 65/66B | €11,514 | €13,245 | +€1,732 | +15.0% |
| Recurring financial charges | 65 | €11,514 | €13,245 | +€1,732 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €209,946 | €211,236 | +€1,290 | +0.6% |
| Income taxes | 67/77 | €67,719 | €69,659 | +€1,940 | +2.9% |
| Profit (loss) for the period | 9904 | €142,227 | €141,577 | -€650 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €142,227 | €141,577 | -€650 | -0.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.