PP1: 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.
PP1
Largest movements
- Receivables within one year +€708
up €708 (+51.0%), from €1,387 to €2,095
- Formation expenses -€407
down €407 (-20.6%), from €1,977 to €1,570
- Debts after one year +€3,100
new in 2025: €3,100
- Trade debts -€1,465
down €1,465 (-51.0%), from €2,871 to €1,406
- Profit (loss) carried forward -€1,385
down €1,385 (-283.7%), from -€488 to -€1,873
- Gross operating margin -€493
down €493 (-120.2%), from -€410 to -€904
- Depreciation +€350
up €350 (+615.3%), from €57 to €407
- Financial charges +€126
up €126 (+600.6%), from €21 to €147
- Financial income +€73
new in 2025: €73
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 | €3,383 | €3,665 | +€282 | +8.3% |
| Formation expenses | 20 | €1,977 | €1,570 | -€407 | -20.6% |
| Current assets | 29/58 | €1,406 | €2,095 | +€689 | +49.0% |
| Amounts receivable within one year | 40/41 | €1,387 | €2,095 | +€708 | +51.0% |
| Other amounts receivable | 41 | €1,387 | €2,095 | +€708 | +51.0% |
| Cash at bank and in hand | 54/58 | €19 | - | -€19 | |
| Total equity and liabilities | 10/49 | €3,383 | €3,665 | +€282 | +8.3% |
| Equity | 10/15 | €512 | -€873 | -€1,385 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€488 | -€1,873 | -€1,385 | -283.7% |
| Amounts payable | 17/49 | €2,871 | €4,538 | +€1,667 | +58.1% |
| Amounts payable after more than one year | 17 | - | €3,100 | +€3,100 | |
| Other amounts payable | 178/9 | - | €3,100 | +€3,100 | |
| Amounts payable within one year | 42/48 | €2,871 | €1,438 | -€1,433 | -49.9% |
| Financial debts | 43 | - | €32 | +€32 | |
| Credit institutions | 430/8 | - | €32 | +€32 | |
| Trade debts | 44 | €2,871 | €1,406 | -€1,465 | -51.0% |
| Suppliers | 440/4 | €2,871 | €1,406 | -€1,465 | -51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57 | €407 | +€350 | +615.3% |
| Gross operating margin | 9900 | -€410 | -€904 | -€493 | -120.2% |
| Operating profit (loss) | 9901 | -€467 | -€1,310 | -€843 | -180.5% |
| Financial income | 75/76B | - | €73 | +€73 | |
| Recurring financial income | 75 | - | €73 | +€73 | |
| Financial charges | 65/66B | €21 | €147 | +€126 | +600.6% |
| Recurring financial charges | 65 | €21 | €147 | +€126 | +600.6% |
| Profit (loss) for the period before taxes | 9903 | -€488 | -€1,385 | -€897 | -183.7% |
| Profit (loss) for the period | 9904 | -€488 | -€1,385 | -€897 | -183.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€488 | -€1,385 | -€897 | -183.7% |
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 10 October 2026 via checked.be.