PLAN B: 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 B
Largest movements
- Current investments -€600,000
down €600,000 (-100.0%), from €600,000 to €0
- Cash +€445,023
up €445,023 (+430.7%), from €103,321 to €548,344
mainly Current investments (+€600,000) and Net result for the year (+€98,555)
- Receivables within one year +€223,071
up €223,071 (+7062.2%), from €3,159 to €226,229
of which Trade receivables: +€196,504
- Reserves +€98,555
up €98,555 (+13.5%), from €730,120 to €828,675
- Tax, wage and social debts -€75,427
down €75,427 (-58.1%), from €129,854 to €54,427
of which Taxes: -€81,981
- Accrued charges and deferred income +€33,907
up €33,907 (+144.5%), from €23,466 to €57,372
- Trade debts +€33,671
up €33,671 (+8.3%), from €403,643 to €437,314
- Gross operating margin -€824,576
down €824,576 (-76.7%), from €1.1m to €250,298
- Taxes -€290,350
down €290,350 (-85.7%), from €338,615 to €48,264
- Staff costs +€50,050
up €50,050 (+1971.3%), from €2,539 to €52,589
- Financial charges +€33,964
up €33,964 (+144.3%), from €23,540 to €57,504
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 | €2,415,911 | €2,490,455 | +€74,543 | +3.1% |
| Fixed assets | 21/28 | €1,708,609 | €1,714,101 | +€5,492 | +0.3% |
| Tangible fixed assets | 22/27 | €508,685 | €514,177 | +€5,492 | +1.1% |
| Land and buildings | 22 | €493,256 | €493,256 | = | 0.0% |
| Furniture and vehicles | 24 | €15,429 | €20,921 | +€5,492 | +35.6% |
| Financial fixed assets | 28 | €1,199,924 | €1,199,924 | = | 0.0% |
| Current assets | 29/58 | €707,302 | €776,353 | +€69,051 | +9.8% |
| Amounts receivable within one year | 40/41 | €3,159 | €226,229 | +€223,071 | +7062.2% |
| Trade receivables | 40 | €3,146 | €199,650 | +€196,504 | +6246.2% |
| Other amounts receivable | 41 | €13 | €26,579 | +€26,567 | +210178.9% |
| Current investments | 50/53 | €600,000 | €0 | -€600,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €103,321 | €548,344 | +€445,023 | +430.7% |
| Deferred charges and accrued income | 490/1 | €823 | €1,781 | +€957 | +116.3% |
| Total equity and liabilities | 10/49 | €2,415,911 | €2,490,455 | +€74,543 | +3.1% |
| Equity | 10/15 | €980,496 | €1,079,051 | +€98,555 | +10.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €730,120 | €828,675 | +€98,555 | +13.5% |
| Distributable reserves | 133 | €730,120 | €828,675 | +€98,555 | +13.5% |
| Profit (loss) carried forward | 14 | €376 | €376 | = | 0.0% |
| Amounts payable | 17/49 | €1,435,415 | €1,411,403 | -€24,012 | -1.7% |
| Amounts payable within one year | 42/48 | €1,411,949 | €1,354,031 | -€57,918 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €949 | €205 | -€744 | -78.4% |
| Credit institutions | 430/8 | €949 | €205 | -€744 | -78.4% |
| Trade debts | 44 | €403,643 | €437,314 | +€33,671 | +8.3% |
| Suppliers | 440/4 | €403,643 | €437,314 | +€33,671 | +8.3% |
| Taxes, remuneration and social security | 45 | €129,854 | €54,427 | -€75,427 | -58.1% |
| Taxes | 450/3 | €127,721 | €45,740 | -€81,981 | -64.2% |
| Remuneration and social security | 454/9 | €2,133 | €8,686 | +€6,554 | +307.3% |
| Other amounts payable | 47/48 | €877,504 | €862,085 | -€15,419 | -1.8% |
| Accrued charges and deferred income | 492/3 | €23,466 | €57,372 | +€33,907 | +144.5% |
| Remuneration, social security and pensions | 62 | €2,539 | €52,589 | +€50,050 | +1971.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,609 | €6,508 | +€899 | +16.0% |
| Other operating charges | 640/8 | €1,187 | €1,366 | +€179 | +15.1% |
| Gross operating margin | 9900 | €1,074,874 | €250,298 | -€824,576 | -76.7% |
| Operating profit (loss) | 9901 | €1,065,539 | €189,835 | -€875,704 | -82.2% |
| Financial income | 75/76B | €6,962 | €14,488 | +€7,526 | +108.1% |
| Recurring financial income | 75 | €6,962 | €14,488 | +€7,526 | +108.1% |
| Financial charges | 65/66B | €23,540 | €57,504 | +€33,964 | +144.3% |
| Recurring financial charges | 65 | €23,540 | €57,504 | +€33,964 | +144.3% |
| Profit (loss) for the period before taxes | 9903 | €1,048,961 | €146,819 | -€902,142 | -86.0% |
| Income taxes | 67/77 | €338,615 | €48,264 | -€290,350 | -85.7% |
| Profit (loss) for the period | 9904 | €710,347 | €98,555 | -€611,792 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €710,347 | €98,555 | -€611,792 | -86.1% |
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 5 October 2026 via checked.be.