PRIDORITY: 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.
PRIDORITY
Largest movements
- Cash -€26,145
down €26,145 (-18.5%), from €141,051 to €114,906
mainly Contributions, distributions and other (-€114,163) and Tax, wage and social debts (-€3,936)
- Receivables within one year -€14,736
down €14,736 (-45.4%), from €32,468 to €17,731
of which Trade receivables: -€17,204
- Tangible fixed assets -€9,347
down €9,347 (-26.6%), from €35,199 to €25,853
of which Furniture and vehicles: -€9,125
- Reserves -€61,315
no longer reported in 2025 (was €61,315)
- Other debts +€15,110
up €15,110 (+13.0%), from €116,573 to €131,683
- Tax, wage and social debts -€3,936
down €3,936 (-29.8%), from €13,196 to €9,261
- Gross operating margin -€11,392
down €11,392 (-12.8%), from €88,657 to €77,265
- Taxes -€2,803
down €2,803 (-17.2%), from €16,335 to €13,532
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 | €209,766 | €159,559 | -€50,207 | -23.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €35,649 | €26,303 | -€9,347 | -26.2% |
| Tangible fixed assets | 22/27 | €35,199 | €25,853 | -€9,347 | -26.6% |
| Land and buildings | 22 | €1,894 | €1,781 | -€113 | -5.9% |
| Plant, machinery and equipment | 23 | €318 | €209 | -€109 | -34.3% |
| Furniture and vehicles | 24 | €32,988 | €23,863 | -€9,125 | -27.7% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €174,117 | €133,257 | -€40,860 | -23.5% |
| Amounts receivable within one year | 40/41 | €32,468 | €17,731 | -€14,736 | -45.4% |
| Trade receivables | 40 | €32,468 | €15,263 | -€17,204 | -53.0% |
| Other amounts receivable | 41 | - | €2,468 | +€2,468 | |
| Cash at bank and in hand | 54/58 | €141,051 | €114,906 | -€26,145 | -18.5% |
| Deferred charges and accrued income | 490/1 | €598 | €619 | +€21 | +3.6% |
| Total equity and liabilities | 10/49 | €209,766 | €159,559 | -€50,207 | -23.9% |
| Equity | 10/15 | €79,915 | €18,600 | -€61,315 | -76.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,315 | - | -€61,315 | |
| Distributable reserves | 133 | €61,315 | - | -€61,315 | |
| Amounts payable | 17/49 | €129,851 | €140,959 | +€11,108 | +8.6% |
| Amounts payable within one year | 42/48 | €129,851 | €140,959 | +€11,108 | +8.6% |
| Trade debts | 44 | €82 | €16 | -€66 | -80.4% |
| Suppliers | 440/4 | €82 | €16 | -€66 | -80.4% |
| Taxes, remuneration and social security | 45 | €13,196 | €9,261 | -€3,936 | -29.8% |
| Taxes | 450/3 | €13,196 | €9,261 | -€3,936 | -29.8% |
| Other amounts payable | 47/48 | €116,573 | €131,683 | +€15,110 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,926 | €10,048 | +€122 | +1.2% |
| Other operating charges | 640/8 | €671 | €716 | +€45 | +6.6% |
| Gross operating margin | 9900 | €88,657 | €77,265 | -€11,392 | -12.8% |
| Operating profit (loss) | 9901 | €78,059 | €66,500 | -€11,559 | -14.8% |
| Financial charges | 65/66B | €139 | €120 | -€19 | -13.7% |
| Recurring financial charges | 65 | €139 | €120 | -€19 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €77,920 | €66,380 | -€11,540 | -14.8% |
| Income taxes | 67/77 | €16,335 | €13,532 | -€2,803 | -17.2% |
| Profit (loss) for the period | 9904 | €61,585 | €52,848 | -€8,737 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,585 | €52,848 | -€8,737 | -14.2% |
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 6 October 2026 via checked.be.