PREPARE2GO: 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.
PREPARE2GO
Largest movements
- Receivables within one year -€114,540
down €114,540 (-29.1%), from €394,019 to €279,479
of which Trade receivables: -€112,882
- Cash +€28,332
up €28,332 (+577.1%), from €4,910 to €33,242
mainly Net result for the year (+€366,090) and Receivables within one year (+€114,540)
- Tangible fixed assets -€27,458
down €27,458 (-80.3%), from €34,174 to €6,715
of which Land and buildings: -€18,745
- Stocks and contracts -€12,134
no longer reported in 2025 (was €12,134)
- Profit (loss) carried forward +€366,090
up €366,090 (+35.4%), from -€1.0m to -€667,504
- Trade debts -€248,841
down €248,841 (-62.4%), from €398,634 to €149,793
- Debts after one year -€174,267
down €174,267 (-24.7%), from €704,179 to €529,912
of which Other amounts payable: -€156,939
- Accrued charges and deferred income -€26,890
down €26,890 (-34.5%), from €77,926 to €51,036
- Current portion of long-term debt -€25,000
down €25,000 (-14.9%), from €167,328 to €142,328
- Gross operating margin +€223,851
up €223,851 (+126.6%), from €176,868 to €400,719
- Taxes -€52,328
no longer reported in 2025 (was €52,328)
- Other operating charges -€24,349
down €24,349 (-87.8%), from €27,741 to €3,392
- Depreciation -€14,177
down €14,177 (-33.4%), from €42,410 to €28,233
- Financial charges -€10,144
down €10,144 (-71.2%), from €14,239 to €4,095
of which Non-recurring financial charges: -€5,660
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 | €449,782 | €324,610 | -€125,173 | -27.8% |
| Fixed assets | 21/28 | €34,424 | €6,965 | -€27,458 | -79.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €34,174 | €6,715 | -€27,458 | -80.3% |
| Land and buildings | 22 | €18,745 | - | -€18,745 | |
| Furniture and vehicles | 24 | €15,429 | €6,715 | -€8,714 | -56.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €415,359 | €317,644 | -€97,714 | -23.5% |
| Stocks and contracts in progress | 3 | €12,134 | - | -€12,134 | |
| Stocks | 30/36 | €12,134 | - | -€12,134 | |
| Amounts receivable within one year | 40/41 | €394,019 | €279,479 | -€114,540 | -29.1% |
| Trade receivables | 40 | €392,269 | €279,387 | -€112,882 | -28.8% |
| Other amounts receivable | 41 | €1,750 | €92 | -€1,658 | -94.8% |
| Cash at bank and in hand | 54/58 | €4,910 | €33,242 | +€28,332 | +577.1% |
| Deferred charges and accrued income | 490/1 | €4,296 | €4,924 | +€628 | +14.6% |
| Total equity and liabilities | 10/49 | €449,782 | €324,610 | -€125,173 | -27.8% |
| Equity | 10/15 | -€1,027,394 | -€661,304 | +€366,090 | +35.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,033,594 | -€667,504 | +€366,090 | +35.4% |
| Amounts payable | 17/49 | €1,477,176 | €985,914 | -€491,262 | -33.3% |
| Amounts payable after more than one year | 17 | €704,179 | €529,912 | -€174,267 | -24.7% |
| Financial debts | 170/4 | €43,400 | €26,072 | -€17,328 | -39.9% |
| Other amounts payable | 178/9 | €660,779 | €503,840 | -€156,939 | -23.8% |
| Amounts payable within one year | 42/48 | €695,071 | €404,966 | -€290,105 | -41.7% |
| Current portion of amounts payable after more than one year | 42 | €167,328 | €142,328 | -€25,000 | -14.9% |
| Trade debts | 44 | €398,634 | €149,793 | -€248,841 | -62.4% |
| Suppliers | 440/4 | €398,634 | €149,793 | -€248,841 | -62.4% |
| Taxes, remuneration and social security | 45 | €50,638 | €34,359 | -€16,279 | -32.1% |
| Taxes | 450/3 | €50,638 | €34,359 | -€16,279 | -32.1% |
| Other amounts payable | 47/48 | €78,471 | €78,486 | +€16 | 0.0% |
| Accrued charges and deferred income | 492/3 | €77,926 | €51,036 | -€26,890 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,410 | €28,233 | -€14,177 | -33.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,326 | - | +€3,326 | |
| Other operating charges | 640/8 | €27,741 | €3,392 | -€24,349 | -87.8% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | €176,868 | €400,719 | +€223,851 | +126.6% |
| Operating profit (loss) | 9901 | €110,043 | €369,093 | +€259,051 | +235.4% |
| Financial income | 75/76B | €901 | €1,091 | +€190 | +21.1% |
| Recurring financial income | 75 | €901 | €1,091 | +€190 | +21.1% |
| Financial charges | 65/66B | €14,239 | €4,095 | -€10,144 | -71.2% |
| Recurring financial charges | 65 | €8,578 | €4,095 | -€4,484 | -52.3% |
| Non-recurring financial charges | 66B | €5,660 | - | -€5,660 | |
| Profit (loss) for the period before taxes | 9903 | €96,705 | €366,090 | +€269,385 | +278.6% |
| Income taxes | 67/77 | €52,328 | - | -€52,328 | |
| Profit (loss) for the period | 9904 | €44,376 | €366,090 | +€321,713 | +725.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,376 | €366,090 | +€321,713 | +725.0% |
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 3 October 2026 via checked.be.