PRO FORMA: 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.
PRO FORMA
Largest movements
- Receivables within one year +€121,751
up €121,751 (+66.3%), from €183,592 to €305,343
of which Trade receivables: +€112,689
- Tangible fixed assets +€5,960
up €5,960 (+542.4%), from €1,099 to €7,059
of which Plant, machinery and equipment: +€4,414
- Trade debts +€64,660
up €64,660 (+45.1%), from €143,504 to €208,164
- Tax, wage and social debts +€55,617
up €55,617 (+3288.8%), from €1,691 to €57,309
of which Taxes: +€31,617
- Profit (loss) carried forward +€7,434
up €7,434 (+5.4%), from -€136,754 to -€129,320
- Gross operating margin +€2,643
up €2,643 (+29.2%), from €9,037 to €11,680
- Taxes +€2,368
new in 2025: €2,368
- Financial charges -€2,282
down €2,282 (-93.7%), from €2,435 to €153
- Other operating charges -€1,068
down €1,068 (-71.9%), from €1,485 to €417
- Depreciation -€749
down €749 (-36.8%), from €2,035 to €1,285
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 | €195,416 | €323,127 | +€127,712 | +65.4% |
| Fixed assets | 21/28 | €1,699 | €7,659 | +€5,960 | +350.9% |
| Tangible fixed assets | 22/27 | €1,099 | €7,059 | +€5,960 | +542.4% |
| Plant, machinery and equipment | 23 | - | €4,414 | +€4,414 | |
| Furniture and vehicles | 24 | €1,099 | €2,645 | +€1,546 | +140.7% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €193,717 | €315,468 | +€121,751 | +62.9% |
| Amounts receivable within one year | 40/41 | €183,592 | €305,343 | +€121,751 | +66.3% |
| Trade receivables | 40 | €155,126 | €267,815 | +€112,689 | +72.6% |
| Other amounts receivable | 41 | €28,466 | €37,529 | +€9,062 | +31.8% |
| Cash at bank and in hand | 54/58 | €4,582 | €4,582 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €5,543 | €5,543 | = | 0.0% |
| Total equity and liabilities | 10/49 | €195,416 | €323,127 | +€127,712 | +65.4% |
| Equity | 10/15 | -€118,031 | -€110,597 | +€7,434 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124 | €124 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124 | €124 | = | 0.0% |
| Reserves not available under the articles | 1311 | €124 | €124 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,754 | -€129,320 | +€7,434 | +5.4% |
| Amounts payable | 17/49 | €313,446 | €433,724 | +€120,278 | +38.4% |
| Amounts payable within one year | 42/48 | €298,946 | €419,224 | +€120,278 | +40.2% |
| Financial debts | 43 | €21,102 | €21,102 | = | 0.0% |
| Credit institutions | 430/8 | €21,102 | €21,102 | = | 0.0% |
| Trade debts | 44 | €143,504 | €208,164 | +€64,660 | +45.1% |
| Suppliers | 440/4 | €143,504 | €208,164 | +€64,660 | +45.1% |
| Taxes, remuneration and social security | 45 | €1,691 | €57,309 | +€55,617 | +3288.8% |
| Taxes | 450/3 | €1,691 | €33,309 | +€31,617 | +1869.6% |
| Remuneration and social security | 454/9 | - | €24,000 | +€24,000 | |
| Other amounts payable | 47/48 | €132,649 | €132,649 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €14,500 | €14,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €22 | +€22 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,035 | €1,285 | -€749 | -36.8% |
| Other operating charges | 640/8 | €1,485 | €417 | -€1,068 | -71.9% |
| Gross operating margin | 9900 | €9,037 | €11,680 | +€2,643 | +29.2% |
| Operating profit (loss) | 9901 | €5,517 | €9,956 | +€4,439 | +80.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,435 | €153 | -€2,282 | -93.7% |
| Recurring financial charges | 65 | €2,435 | €153 | -€2,282 | -93.7% |
| Profit (loss) for the period before taxes | 9903 | €3,082 | €9,802 | +€6,721 | +218.1% |
| Income taxes | 67/77 | - | €2,368 | +€2,368 | |
| Profit (loss) for the period | 9904 | €3,082 | €7,434 | +€4,352 | +141.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,082 | €7,434 | +€4,352 | +141.2% |
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 4 October 2026 via checked.be.