PLAN A: 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.
PLAN A
Largest movements
- Receivables within one year +€49,946
up €49,946 (+1090.8%), from €4,579 to €54,525
of which Trade receivables: +€49,946
- Cash +€5,308
new in 2025: €5,308
mainly Net result for the year (+€24,449) and Other debts (+€22,940)
- Tangible fixed assets -€1,279
no longer reported in 2025 (was €1,279)
- Profit (loss) carried forward +€24,449
up €24,449 (+32.6%), from -€74,904 to -€50,455
- Other debts +€22,940
up €22,940 (+33.5%), from €68,391 to €91,332
- Trade debts +€5,916
up €5,916 (+83.0%), from €7,127 to €13,043
- Accrued charges and deferred income +€1,805
new in 2025: €1,805
- Short-term financial debts -€979
no longer reported in 2025 (was €979)
- Gross operating margin +€33,009
up €33,009, from -€6,042 to €26,967
- Depreciation -€6,941
down €6,941 (-84.4%), from €8,219 to €1,279
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 | €6,994 | €61,142 | +€54,148 | +774.2% |
| Fixed assets | 21/28 | €1,279 | - | -€1,279 | |
| Tangible fixed assets | 22/27 | €1,279 | - | -€1,279 | |
| Furniture and vehicles | 24 | €1,279 | - | -€1,279 | |
| Current assets | 29/58 | €5,716 | €61,142 | +€55,426 | +969.7% |
| Amounts receivable within one year | 40/41 | €4,579 | €54,525 | +€49,946 | +1090.8% |
| Trade receivables | 40 | - | €49,946 | +€49,946 | |
| Other amounts receivable | 41 | €4,579 | €4,579 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €5,308 | +€5,308 | |
| Deferred charges and accrued income | 490/1 | €1,137 | €1,309 | +€172 | +15.2% |
| Total equity and liabilities | 10/49 | €6,994 | €61,142 | +€54,148 | +774.2% |
| Equity | 10/15 | -€69,904 | -€45,455 | +€24,449 | +35.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,904 | -€50,455 | +€24,449 | +32.6% |
| Amounts payable | 17/49 | €76,898 | €106,597 | +€29,699 | +38.6% |
| Amounts payable within one year | 42/48 | €76,898 | €104,791 | +€27,893 | +36.3% |
| Financial debts | 43 | €979 | - | -€979 | |
| Credit institutions | 430/8 | €979 | - | -€979 | |
| Trade debts | 44 | €7,127 | €13,043 | +€5,916 | +83.0% |
| Suppliers | 440/4 | €7,127 | €13,043 | +€5,916 | +83.0% |
| Taxes, remuneration and social security | 45 | €401 | €416 | +€15 | +3.8% |
| Taxes | 450/3 | €401 | €416 | +€15 | +3.8% |
| Other amounts payable | 47/48 | €68,391 | €91,332 | +€22,940 | +33.5% |
| Accrued charges and deferred income | 492/3 | - | €1,805 | +€1,805 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,219 | €1,279 | -€6,941 | -84.4% |
| Other operating charges | 640/8 | €635 | €751 | +€116 | +18.3% |
| Gross operating margin | 9900 | -€6,042 | €26,967 | +€33,009 | |
| Operating profit (loss) | 9901 | -€14,896 | €24,938 | +€39,833 | |
| Financial charges | 65/66B | €59 | €72 | +€13 | +22.5% |
| Recurring financial charges | 65 | €59 | €72 | +€13 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,955 | €24,866 | +€39,820 | |
| Income taxes | 67/77 | €401 | €416 | +€15 | +3.8% |
| Profit (loss) for the period | 9904 | -€15,355 | €24,449 | +€39,805 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,355 | €24,449 | +€39,805 |
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 3 October 2026 via checked.be.