Pie-CONS: 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.
Pie-CONS
Largest movements
- Cash +€12,109
up €12,109 (+31.0%), from €39,102 to €51,212
mainly Net result for the year (+€12,085) and Accrued charges and deferred income (+€2,671)
- Deferred charges and accrued income +€1,935
new in 2025: €1,935
- Reserves +€12,085
up €12,085 (+37.2%), from €32,500 to €44,585
- Accrued charges and deferred income +€2,671
new in 2025: €2,671
- Tax, wage and social debts -€2,391
down €2,391 (-20.5%), from €11,644 to €9,253
- Trade debts +€1,308
up €1,308 (+326%), from €401 to €1,709
- Other debts +€600
up €600 (+205%), from €292 to €892
- Gross operating margin -€22,982
down €22,982 (-55.8%), from €41,208 to €18,226
- Taxes -€3,404
down €3,404 (-39.9%), from €8,526 to €5,121
- Financial charges +€772
up €772 (+2,670%), from €29 to €801
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,491 | €59,764 | +€14,273 | +31.4% |
| Current assets | 29/58 | €45,491 | €59,764 | +€14,273 | +31.4% |
| Amounts receivable within one year | 40/41 | €6,389 | €6,618 | +€229 | +3.6% |
| Trade receivables | 40 | €6,389 | €6,618 | +€229 | +3.6% |
| Cash at bank and in hand | 54/58 | €39,102 | €51,212 | +€12,109 | +31.0% |
| Deferred charges and accrued income | 490/1 | - | €1,935 | +€1,935 | |
| Total equity and liabilities | 10/49 | €45,491 | €59,764 | +€14,273 | +31.4% |
| Equity | 10/15 | €33,154 | €45,239 | +€12,085 | +36.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €32,500 | €44,585 | +€12,085 | +37.2% |
| Distributable reserves | 133 | €32,500 | €44,585 | +€12,085 | +37.2% |
| Profit (loss) carried forward | 14 | €154 | €154 | +€0 | +0.1% |
| Amounts payable | 17/49 | €12,337 | €14,525 | +€2,188 | +17.7% |
| Amounts payable within one year | 42/48 | €12,337 | €11,854 | -€483 | -3.9% |
| Trade debts | 44 | €401 | €1,709 | +€1,308 | +326% |
| Suppliers | 440/4 | €401 | €1,709 | +€1,308 | +326% |
| Taxes, remuneration and social security | 45 | €11,644 | €9,253 | -€2,391 | -20.5% |
| Taxes | 450/3 | €11,644 | €9,253 | -€2,391 | -20.5% |
| Other amounts payable | 47/48 | €292 | €892 | +€600 | +205% |
| Accrued charges and deferred income | 492/3 | - | €2,671 | +€2,671 | |
| Other operating charges | 640/8 | - | €229 | +€229 | |
| Gross operating margin | 9900 | €41,208 | €18,226 | -€22,982 | -55.8% |
| Operating profit (loss) | 9901 | €41,208 | €17,998 | -€23,211 | -56.3% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €29 | €801 | +€772 | +2,670% |
| Recurring financial charges | 65 | €29 | €801 | +€772 | +2,670% |
| Profit (loss) for the period before taxes | 9903 | €41,179 | €17,206 | -€23,973 | -58.2% |
| Income taxes | 67/77 | €8,526 | €5,121 | -€3,404 | -39.9% |
| Profit (loss) for the period | 9904 | €32,654 | €12,085 | -€20,569 | -63.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,654 | €12,085 | -€20,569 | -63.0% |
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 27 October 2026 via checked.be.