Portals: 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.
Portals
Largest movements
- Receivables within one year -€1,803
down €1,803 (-86.7%), from €2,081 to €278
of which Trade receivables: -€1,808
- Cash -€978
down €978 (-45.0%), from €2,175 to €1,196
mainly Other debts (-€4,453) and Tax, wage and social debts (-€191)
- Other debts -€4,453
down €4,453 (-20.1%), from €22,102 to €17,649
- Profit (loss) carried forward +€1,948
up €1,948 (+6.9%), from -€28,263 to -€26,315
- Tax, wage and social debts -€191
no longer reported in 2025 (was €191)
- Trade debts -€86
down €86 (-37.9%), from €226 to €140
- Gross operating margin -€2,223
down €2,223 (-45.5%), from €4,886 to €2,663
- Depreciation -€248
no longer reported in 2025 (was €248)
- Other operating charges +€58
up €58 (+10.1%), from €573 to €631
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 | €4,255 | €1,474 | -€2,781 | -65.4% |
| Current assets | 29/58 | €4,255 | €1,474 | -€2,781 | -65.4% |
| Amounts receivable within one year | 40/41 | €2,081 | €278 | -€1,803 | -86.7% |
| Trade receivables | 40 | €2,081 | €272 | -€1,808 | -86.9% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €2,175 | €1,196 | -€978 | -45.0% |
| Total equity and liabilities | 10/49 | €4,255 | €1,474 | -€2,781 | -65.4% |
| Equity | 10/15 | -€18,263 | -€16,315 | +€1,948 | +10.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,263 | -€26,315 | +€1,948 | +6.9% |
| Amounts payable | 17/49 | €22,518 | €17,789 | -€4,729 | -21.0% |
| Amounts payable within one year | 42/48 | €22,518 | €17,789 | -€4,729 | -21.0% |
| Trade debts | 44 | €226 | €140 | -€86 | -37.9% |
| Suppliers | 440/4 | €226 | €140 | -€86 | -37.9% |
| Taxes, remuneration and social security | 45 | €191 | - | -€191 | |
| Taxes | 450/3 | €191 | - | -€191 | |
| Other amounts payable | 47/48 | €22,102 | €17,649 | -€4,453 | -20.1% |
| Non-recurring operating income | 76A | €2,400 | - | -€2,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | - | -€248 | |
| Other operating charges | 640/8 | €573 | €631 | +€58 | +10.1% |
| Gross operating margin | 9900 | €4,886 | €2,663 | -€2,223 | -45.5% |
| Operating profit (loss) | 9901 | €4,065 | €2,032 | -€2,033 | -50.0% |
| Financial charges | 65/66B | €76 | €84 | +€8 | +10.7% |
| Recurring financial charges | 65 | €76 | €84 | +€8 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €3,989 | €1,948 | -€2,041 | -51.2% |
| Profit (loss) for the period | 9904 | €3,989 | €1,948 | -€2,041 | -51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,989 | €1,948 | -€2,041 | -51.2% |
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 11 October 2026 via checked.be.