PEDIA: 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.
PEDIA
Largest movements
- Cash -€10,114
down €10,114 (-17.1%), from €59,026 to €48,913
mainly Net result for the year (-€6,761) and Receivables within one year (-€2,049)
- Receivables within one year +€2,049
up €2,049 (+83.0%), from €2,469 to €4,519
of which Trade receivables: +€4,519
- Profit (loss) carried forward -€6,761
down €6,761 (-49.0%), from €13,811 to €7,050
- Trade debts -€1,082
no longer reported in 2025 (was €1,082)
- Gross operating margin +€17,920
up €17,920 (+76.3%), from -€23,488 to -€5,569
- Other operating charges -€2,568
down €2,568 (-81.0%), from €3,170 to €602
- Taxes -€1,577
down €1,577 (-89.8%), from €1,756 to €178
- Staff costs -€384
no longer reported in 2025 (was €384)
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 | €68,821 | €60,596 | -€8,225 | -12.0% |
| Fixed assets | 21/28 | €6,335 | €6,174 | -€161 | -2.5% |
| Tangible fixed assets | 22/27 | €261 | €174 | -€87 | -33.3% |
| Other tangible fixed assets | 26 | €261 | €174 | -€87 | -33.3% |
| Financial fixed assets | 28 | €6,074 | €6,000 | -€74 | -1.2% |
| Current assets | 29/58 | €62,486 | €54,422 | -€8,064 | -12.9% |
| Amounts receivable within one year | 40/41 | €2,469 | €4,519 | +€2,049 | +83.0% |
| Trade receivables | 40 | - | €4,519 | +€4,519 | |
| Other amounts receivable | 41 | €2,469 | - | -€2,469 | |
| Current investments | 50/53 | €483 | €483 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €59,026 | €48,913 | -€10,114 | -17.1% |
| Deferred charges and accrued income | 490/1 | €507 | €507 | = | 0.0% |
| Total equity and liabilities | 10/49 | €68,821 | €60,596 | -€8,225 | -12.0% |
| Equity | 10/15 | €57,141 | €50,380 | -€6,761 | -11.8% |
| Contributions | 10/11 | €28,771 | €28,771 | = | 0.0% |
| Capital | 10 | €28,771 | €28,771 | = | 0.0% |
| Issued capital | 100 | €28,771 | €28,771 | = | 0.0% |
| Reserves | 13 | €14,559 | €14,559 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,059 | €9,059 | = | 0.0% |
| Legal reserve | 130 | €9,059 | €9,059 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,500 | €5,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,811 | €7,050 | -€6,761 | -49.0% |
| Amounts payable | 17/49 | €11,680 | €10,216 | -€1,464 | -12.5% |
| Amounts payable within one year | 42/48 | €11,680 | €10,216 | -€1,464 | -12.5% |
| Trade debts | 44 | €1,082 | - | -€1,082 | |
| Suppliers | 440/4 | €1,082 | - | -€1,082 | |
| Taxes, remuneration and social security | 45 | - | €178 | +€178 | |
| Taxes | 450/3 | - | €178 | +€178 | |
| Other amounts payable | 47/48 | €10,598 | €10,037 | -€561 | -5.3% |
| Remuneration, social security and pensions | 62 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €235 | €87 | -€148 | -63.0% |
| Other operating charges | 640/8 | €3,170 | €602 | -€2,568 | -81.0% |
| Gross operating margin | 9900 | -€23,488 | -€5,569 | +€17,920 | +76.3% |
| Operating profit (loss) | 9901 | -€27,277 | -€6,257 | +€21,020 | +77.1% |
| Financial charges | 65/66B | €338 | €325 | -€13 | -3.9% |
| Recurring financial charges | 65 | €338 | €325 | -€13 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | -€27,616 | -€6,583 | +€21,033 | +76.2% |
| Income taxes | 67/77 | €1,756 | €178 | -€1,577 | -89.8% |
| Profit (loss) for the period | 9904 | -€29,372 | -€6,761 | +€22,610 | +77.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,372 | -€6,761 | +€22,610 | +77.0% |
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 2 October 2026 via checked.be.