PLUS-MINUS: 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.
PLUS-MINUS
Largest movements
- Receivables within one year +€32,662
up €32,662 (+64.5%), from €50,648 to €83,310
of which Other amounts receivable: +€30,000
- Cash +€5,392
up €5,392 (+32.3%), from €16,668 to €22,059
mainly Debts after one year (+€22,091) and Net result for the year (+€19,706)
- Tangible fixed assets +€2,926
up €2,926 (+13.1%), from €22,388 to €25,315
of which Furniture and vehicles: +€5,732
- Debts after one year +€22,091
up €22,091 (+110.9%), from €19,921 to €42,012
of which Other amounts payable: +€20,000
- Reserves +€9,911
up €9,911 (+17.3%), from €57,355 to €67,266
- Profit (loss) carried forward +€9,795
up €9,795, from -€9,795 to €0
- Trade debts -€3,737
down €3,737 (-88.4%), from €4,230 to €493
- Tax, wage and social debts +€3,337
up €3,337 (+92.5%), from €3,608 to €6,945
- Gross operating margin +€15,513
up €15,513 (+127.5%), from €12,172 to €27,685
- Taxes +€3,154
new in 2025: €3,154
- Financial charges -€384
down €384 (-35.0%), from €1,097 to €713
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 | €91,027 | €132,342 | +€41,316 | +45.4% |
| Fixed assets | 21/28 | €22,388 | €25,315 | +€2,926 | +13.1% |
| Tangible fixed assets | 22/27 | €22,388 | €25,315 | +€2,926 | +13.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €415 | €6,147 | +€5,732 | +1381.2% |
| Other tangible fixed assets | 26 | €21,973 | €19,167 | -€2,806 | -12.8% |
| Current assets | 29/58 | €68,638 | €107,028 | +€38,389 | +55.9% |
| Amounts receivable within one year | 40/41 | €50,648 | €83,310 | +€32,662 | +64.5% |
| Trade receivables | 40 | €10,648 | €13,310 | +€2,662 | +25.0% |
| Other amounts receivable | 41 | €40,000 | €70,000 | +€30,000 | +75.0% |
| Cash at bank and in hand | 54/58 | €16,668 | €22,059 | +€5,392 | +32.3% |
| Deferred charges and accrued income | 490/1 | €1,323 | €1,658 | +€336 | +25.4% |
| Total equity and liabilities | 10/49 | €91,027 | €132,342 | +€41,316 | +45.4% |
| Equity | 10/15 | €57,560 | €77,266 | +€19,706 | +34.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €57,355 | €67,266 | +€9,911 | +17.3% |
| Distributable reserves | 133 | €57,355 | €67,266 | +€9,911 | +17.3% |
| Profit (loss) carried forward | 14 | -€9,795 | €0 | +€9,795 | |
| Amounts payable | 17/49 | €33,467 | €55,076 | +€21,610 | +64.6% |
| Amounts payable after more than one year | 17 | €19,921 | €42,012 | +€22,091 | +110.9% |
| Financial debts | 170/4 | €19,921 | €22,012 | +€2,091 | +10.5% |
| Other amounts payable | 178/9 | - | €20,000 | +€20,000 | |
| Amounts payable within one year | 42/48 | €13,395 | €12,814 | -€581 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €2,688 | €3,899 | +€1,211 | +45.0% |
| Trade debts | 44 | €4,230 | €493 | -€3,737 | -88.4% |
| Suppliers | 440/4 | €4,230 | €493 | -€3,737 | -88.4% |
| Taxes, remuneration and social security | 45 | €3,608 | €6,945 | +€3,337 | +92.5% |
| Taxes | 450/3 | €3,608 | €6,945 | +€3,337 | +92.5% |
| Other amounts payable | 47/48 | €2,869 | €1,477 | -€1,392 | -48.5% |
| Accrued charges and deferred income | 492/3 | €150 | €250 | +€100 | +66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,528 | €3,449 | -€79 | -2.2% |
| Other operating charges | 640/8 | €621 | €664 | +€44 | +7.0% |
| Gross operating margin | 9900 | €12,172 | €27,685 | +€15,513 | +127.5% |
| Operating profit (loss) | 9901 | €8,023 | €23,572 | +€15,549 | +193.8% |
| Financial charges | 65/66B | €1,097 | €713 | -€384 | -35.0% |
| Recurring financial charges | 65 | €1,097 | €713 | -€384 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €6,926 | €22,859 | +€15,933 | +230.0% |
| Income taxes | 67/77 | - | €3,154 | +€3,154 | |
| Profit (loss) for the period | 9904 | €6,926 | €19,706 | +€12,779 | +184.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,926 | €19,706 | +€12,779 | +184.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.