PATRIMOINE DIFFUSION: 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.
PATRIMOINE DIFFUSION
Largest movements
- Current investments +€52,500
up €52,500 (+94.6%), from €55,500 to €108,000
- Cash +€40,312
up €40,312 (+27.5%), from €146,746 to €187,058
mainly Net result for the year (+€113,126) and Other debts (+€30,229)
- Receivables within one year -€17,299
down €17,299 (-90.4%), from €19,132 to €1,833
of which Trade receivables: -€12,667
- Tangible fixed assets -€13,840
down €13,840 (-4.7%), from €297,087 to €283,247
of which Land and buildings: -€10,102
- Intangible fixed assets -€12,730
down €12,730 (-7.3%), from €175,270 to €162,541
- Reserves +€52,500
up €52,500 (+15.9%), from €330,500 to €383,000
- Debts after one year -€42,379
down €42,379 (-14.7%), from €288,724 to €246,345
- Other debts +€30,229
up €30,229 (+118.7%), from €25,466 to €55,695
- Gross operating margin +€44,183
up €44,183 (+31.6%), from €139,848 to €184,031
- Taxes +€4,275
up €4,275 (+13.0%), from €33,000 to €37,275
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 | €703,192 | €745,170 | +€41,978 | +6.0% |
| Fixed assets | 21/28 | €472,357 | €445,788 | -€26,569 | -5.6% |
| Intangible fixed assets | 21 | €175,270 | €162,541 | -€12,730 | -7.3% |
| Tangible fixed assets | 22/27 | €297,087 | €283,247 | -€13,840 | -4.7% |
| Land and buildings | 22 | €285,847 | €275,745 | -€10,102 | -3.5% |
| Furniture and vehicles | 24 | €11,240 | €7,502 | -€3,738 | -33.3% |
| Current assets | 29/58 | €230,835 | €299,382 | +€68,548 | +29.7% |
| Amounts receivable within one year | 40/41 | €19,132 | €1,833 | -€17,299 | -90.4% |
| Trade receivables | 40 | €14,500 | €1,833 | -€12,667 | -87.4% |
| Other amounts receivable | 41 | €4,632 | - | -€4,632 | |
| Current investments | 50/53 | €55,500 | €108,000 | +€52,500 | +94.6% |
| Cash at bank and in hand | 54/58 | €146,746 | €187,058 | +€40,312 | +27.5% |
| Deferred charges and accrued income | 490/1 | €9,457 | €2,491 | -€6,966 | -73.7% |
| Total equity and liabilities | 10/49 | €703,192 | €745,170 | +€41,978 | +6.0% |
| Equity | 10/15 | €343,675 | €396,801 | +€53,126 | +15.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €330,500 | €383,000 | +€52,500 | +15.9% |
| Distributable reserves | 133 | €330,500 | €383,000 | +€52,500 | +15.9% |
| Profit (loss) carried forward | 14 | €5,115 | €5,741 | +€626 | +12.2% |
| Amounts payable | 17/49 | €359,517 | €348,369 | -€11,148 | -3.1% |
| Amounts payable after more than one year | 17 | €288,724 | €246,345 | -€42,379 | -14.7% |
| Financial debts | 170/4 | €288,724 | €246,345 | -€42,379 | -14.7% |
| Amounts payable within one year | 42/48 | €70,392 | €102,016 | +€31,624 | +44.9% |
| Current portion of amounts payable after more than one year | 42 | €31,300 | €38,282 | +€6,981 | +22.3% |
| Trade debts | 44 | €1,953 | €1,398 | -€555 | -28.4% |
| Suppliers | 440/4 | €1,953 | €1,398 | -€555 | -28.4% |
| Taxes, remuneration and social security | 45 | €11,673 | €6,642 | -€5,031 | -43.1% |
| Taxes | 450/3 | €11,673 | €6,642 | -€5,031 | -43.1% |
| Other amounts payable | 47/48 | €25,466 | €55,695 | +€30,229 | +118.7% |
| Accrued charges and deferred income | 492/3 | €401 | €8 | -€392 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,000 | €27,014 | -€986 | -3.5% |
| Other operating charges | 640/8 | €2,134 | €2,336 | +€202 | +9.5% |
| Gross operating margin | 9900 | €139,848 | €184,031 | +€44,183 | +31.6% |
| Operating profit (loss) | 9901 | €109,714 | €154,681 | +€44,967 | +41.0% |
| Financial income | 75/76B | €884 | €623 | -€261 | -29.5% |
| Recurring financial income | 75 | €884 | €623 | -€261 | -29.5% |
| Financial charges | 65/66B | €5,424 | €4,903 | -€521 | -9.6% |
| Recurring financial charges | 65 | €5,424 | €4,903 | -€521 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €105,174 | €150,401 | +€45,227 | +43.0% |
| Income taxes | 67/77 | €33,000 | €37,275 | +€4,275 | +13.0% |
| Profit (loss) for the period | 9904 | €72,174 | €113,126 | +€40,952 | +56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €72,174 | €113,126 | +€40,952 | +56.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.