QUANTALYSE: 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.
QUANTALYSE
Largest movements
- Cash -€60,756
down €60,756 (-30.0%), from €202,191 to €141,435
mainly Trade debts (-€60,816) and Debts after one year (-€45,592)
- Tangible fixed assets -€29,078
down €29,078 (-4.1%), from €703,028 to €673,950
of which Leasing and similar rights: -€20,238
- Receivables within one year -€23,108
down €23,108 (-23.4%), from €98,950 to €75,842
of which Other amounts receivable: -€48,410
- Trade debts -€60,816
down €60,816 (-73.6%), from €82,678 to €21,862
- Debts after one year -€45,592
down €45,592 (-15.9%), from €287,477 to €241,885
- Tax, wage and social debts -€26,113
down €26,113 (-69.3%), from €37,695 to €11,583
of which Remuneration and social security: -€15,000
- Other debts +€19,490
up €19,490 (+10.2%), from €190,764 to €210,254
- Gross operating margin -€163,383
down €163,383 (-74.6%), from €219,114 to €55,730
- Taxes -€47,406
down €47,406 (-95.1%), from €49,850 to €2,444
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 | €1,004,169 | €895,565 | -€108,604 | -10.8% |
| Fixed assets | 21/28 | €703,028 | €676,450 | -€26,578 | -3.8% |
| Tangible fixed assets | 22/27 | €703,028 | €673,950 | -€29,078 | -4.1% |
| Land and buildings | 22 | €9,932 | €8,648 | -€1,284 | -12.9% |
| Plant, machinery and equipment | 23 | €2,040 | €1,324 | -€716 | -35.1% |
| Furniture and vehicles | 24 | €10,138 | €9,916 | -€222 | -2.2% |
| Leasing and similar rights | 25 | €647,614 | €627,376 | -€20,238 | -3.1% |
| Other tangible fixed assets | 26 | €33,305 | €26,686 | -€6,618 | -19.9% |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €301,141 | €219,115 | -€82,026 | -27.2% |
| Amounts receivable within one year | 40/41 | €98,950 | €75,842 | -€23,108 | -23.4% |
| Trade receivables | 40 | €48,800 | €74,102 | +€25,302 | +51.8% |
| Other amounts receivable | 41 | €50,150 | €1,740 | -€48,410 | -96.5% |
| Cash at bank and in hand | 54/58 | €202,191 | €141,435 | -€60,756 | -30.0% |
| Deferred charges and accrued income | 490/1 | - | €1,837 | +€1,837 | |
| Total equity and liabilities | 10/49 | €1,004,169 | €895,565 | -€108,604 | -10.8% |
| Equity | 10/15 | €201,864 | €203,426 | +€1,562 | +0.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €177,577 | €179,139 | +€1,562 | +0.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €8,353 | €8,353 | = | 0.0% |
| Distributable reserves | 133 | €169,224 | €170,786 | +€1,562 | +0.9% |
| Profit (loss) carried forward | 14 | €11,787 | €11,787 | = | 0.0% |
| Provisions and deferred taxes | 16 | €158,235 | €156,615 | -€1,620 | -1.0% |
| Provisions for liabilities and charges | 160/5 | €158,235 | €156,615 | -€1,620 | -1.0% |
| Other liabilities and charges | 164/5 | €158,235 | €156,615 | -€1,620 | -1.0% |
| Amounts payable | 17/49 | €644,070 | €535,523 | -€108,546 | -16.9% |
| Amounts payable after more than one year | 17 | €287,477 | €241,885 | -€45,592 | -15.9% |
| Financial debts | 170/4 | €287,477 | €241,885 | -€45,592 | -15.9% |
| Amounts payable within one year | 42/48 | €356,095 | €293,299 | -€62,796 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €44,958 | €49,363 | +€4,404 | +9.8% |
| Financial debts | 43 | - | €238 | +€238 | |
| Other loans | 439 | - | €238 | +€238 | |
| Trade debts | 44 | €82,678 | €21,862 | -€60,816 | -73.6% |
| Suppliers | 440/4 | €82,678 | €21,862 | -€60,816 | -73.6% |
| Taxes, remuneration and social security | 45 | €37,695 | €11,583 | -€26,113 | -69.3% |
| Taxes | 450/3 | €22,695 | €11,583 | -€11,113 | -49.0% |
| Remuneration and social security | 454/9 | €15,000 | €0 | -€15,000 | -100.0% |
| Other amounts payable | 47/48 | €190,764 | €210,254 | +€19,490 | +10.2% |
| Accrued charges and deferred income | 492/3 | €498 | €340 | -€159 | -31.8% |
| Non-recurring operating income | 76A | €3,306 | €0 | -€3,306 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,865 | €31,823 | -€41 | -0.1% |
| Other operating charges | 640/8 | €2,108 | €2,234 | +€126 | +6.0% |
| Non-recurring operating charges | 66A | €490 | €497 | +€6 | +1.3% |
| Gross operating margin | 9900 | €219,114 | €55,730 | -€163,383 | -74.6% |
| Operating profit (loss) | 9901 | €184,651 | €21,177 | -€163,474 | -88.5% |
| Financial income | 75/76B | €71 | €239 | +€168 | +238.7% |
| Recurring financial income | 75 | €71 | €239 | +€168 | +238.7% |
| Financial charges | 65/66B | €17,586 | €17,409 | -€176 | -1.0% |
| Recurring financial charges | 65 | €17,586 | €17,409 | -€176 | -1.0% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €167,135 | €4,006 | -€163,129 | -97.6% |
| Income taxes | 67/77 | €49,850 | €2,444 | -€47,406 | -95.1% |
| Profit (loss) for the period | 9904 | €117,285 | €1,562 | -€115,723 | -98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €117,285 | €1,562 | -€115,723 | -98.7% |
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 7 October 2026 via checked.be.