P79: 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.
P79
Largest movements
- Receivables within one year +€216,396
up €216,396 (+65.0%), from €332,663 to €549,059
of which Trade receivables: +€195,599
- Cash -€123,739
down €123,739 (-85.4%), from €144,945 to €21,206
mainly Contributions, distributions and other (-€699,769) and Receivables within one year (-€216,396)
- Receivables after one year -€91,500
down €91,500 (-51.8%), from €176,500 to €85,000
- Deferred charges and accrued income -€29,986
down €29,986 (-61.9%), from €48,478 to €18,491
- Tangible fixed assets -€9,428
down €9,428 (-95.2%), from €9,905 to €477
of which Furniture and vehicles: -€8,960
- Reserves -€599,520
no longer reported in 2025 (was €599,520)
of which Distributable reserves: -€599,520
- Other debts +€532,237
up €532,237 (+306.3%), from €173,765 to €706,001
- Short-term financial debts +€49,980
up €49,980 (+252425.3%), from €20 to €50,000
- Tax, wage and social debts -€32,289
down €32,289 (-95.8%), from €33,697 to €1,408
- Accrued charges and deferred income +€18,420
up €18,420 (+1574.4%), from €1,170 to €19,590
- Gross operating margin -€115,085
down €115,085 (-42.6%), from €270,019 to €154,934
- Taxes -€21,157
down €21,157 (-35.1%), from €60,324 to €39,167
- Depreciation -€16,322
down €16,322 (-93.9%), from €17,381 to €1,060
- Financial charges +€11,440
up €11,440 (+1822.3%), from €628 to €12,067
- Financial income -€5,379
down €5,379 (-97.7%), from €5,506 to €127
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 | €842,776 | €804,344 | -€38,433 | -4.6% |
| Fixed assets | 21/28 | €140,191 | €130,587 | -€9,604 | -6.9% |
| Intangible fixed assets | 21 | €175 | - | -€175 | |
| Tangible fixed assets | 22/27 | €9,905 | €477 | -€9,428 | -95.2% |
| Plant, machinery and equipment | 23 | €889 | €421 | -€468 | -52.7% |
| Furniture and vehicles | 24 | €9,016 | €56 | -€8,960 | -99.4% |
| Financial fixed assets | 28 | €130,110 | €130,110 | = | 0.0% |
| Current assets | 29/58 | €702,586 | €673,757 | -€28,829 | -4.1% |
| Amounts receivable after more than one year | 29 | €176,500 | €85,000 | -€91,500 | -51.8% |
| Other amounts receivable | 291 | €176,500 | €85,000 | -€91,500 | -51.8% |
| Amounts receivable within one year | 40/41 | €332,663 | €549,059 | +€216,396 | +65.0% |
| Trade receivables | 40 | €312,107 | €507,706 | +€195,599 | +62.7% |
| Other amounts receivable | 41 | €20,557 | €41,354 | +€20,797 | +101.2% |
| Cash at bank and in hand | 54/58 | €144,945 | €21,206 | -€123,739 | -85.4% |
| Deferred charges and accrued income | 490/1 | €48,478 | €18,491 | -€29,986 | -61.9% |
| Total equity and liabilities | 10/49 | €842,776 | €804,344 | -€38,433 | -4.6% |
| Equity | 10/15 | €618,120 | €18,600 | -€599,520 | -97.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €599,520 | - | -€599,520 | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €599,520 | - | -€599,520 | |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €224,657 | €785,744 | +€561,087 | +249.8% |
| Amounts payable within one year | 42/48 | €223,487 | €766,153 | +€542,667 | +242.8% |
| Financial debts | 43 | €20 | €50,000 | +€49,980 | +252425.3% |
| Credit institutions | 430/8 | €20 | €50,000 | +€49,980 | +252425.3% |
| Trade debts | 44 | €16,005 | €8,744 | -€7,261 | -45.4% |
| Suppliers | 440/4 | €16,005 | €8,744 | -€7,261 | -45.4% |
| Taxes, remuneration and social security | 45 | €33,697 | €1,408 | -€32,289 | -95.8% |
| Taxes | 450/3 | €33,697 | €1,408 | -€32,289 | -95.8% |
| Other amounts payable | 47/48 | €173,765 | €706,001 | +€532,237 | +306.3% |
| Accrued charges and deferred income | 492/3 | €1,170 | €19,590 | +€18,420 | +1574.4% |
| Non-recurring operating income | 76A | €4,136 | - | -€4,136 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,381 | €1,060 | -€16,322 | -93.9% |
| Other operating charges | 640/8 | €1,918 | €2,517 | +€599 | +31.2% |
| Gross operating margin | 9900 | €270,019 | €154,934 | -€115,085 | -42.6% |
| Operating profit (loss) | 9901 | €250,720 | €151,357 | -€99,363 | -39.6% |
| Financial income | 75/76B | €5,506 | €127 | -€5,379 | -97.7% |
| Recurring financial income | 75 | €5,506 | €127 | -€5,379 | -97.7% |
| Financial charges | 65/66B | €628 | €12,067 | +€11,440 | +1822.3% |
| Recurring financial charges | 65 | €628 | €12,067 | +€11,440 | +1822.3% |
| Profit (loss) for the period before taxes | 9903 | €255,598 | €139,417 | -€116,181 | -45.5% |
| Income taxes | 67/77 | €60,324 | €39,167 | -€21,157 | -35.1% |
| Profit (loss) for the period | 9904 | €195,274 | €100,249 | -€95,024 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €195,274 | €100,249 | -€95,024 | -48.7% |
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 29 September 2026 via checked.be.