QUICKTOOLS: 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.
QUICKTOOLS
Largest movements
- Receivables within one year -€14,637
down €14,637 (-55.2%), from €26,498 to €11,861
of which Trade receivables: -€15,284
- Tangible fixed assets -€7,757
down €7,757 (-11.5%), from €67,452 to €59,695
of which Leasing and similar rights: -€22,183
- Cash -€5,554
down €5,554 (-98.2%), from €5,657 to €103
mainly Net result for the year (-€41,001) and Investment in fixed assets (net) (-€15,037)
- Profit (loss) carried forward -€41,001
down €41,001, from €23,855 to -€17,146
- Debts after one year +€23,138
up €23,138 (+63.7%), from €36,299 to €59,437
- Provisions +€20,000
new in 2025: €20,000
- Other debts -€11,561
down €11,561 (-99.9%), from €11,578 to €17
- Tax, wage and social debts -€7,439
down €7,439 (-50.3%), from €14,784 to €7,344
of which Remuneration and social security: -€5,238
- Staff costs -€44,302
down €44,302 (-76.0%), from €58,268 to €13,966
- Gross operating margin +€30,723
up €30,723, from -€8,197 to €22,526
- Provisions +€20,000
new in 2025: €20,000
- Financial charges +€2,124
up €2,124 (+86.4%), from €2,458 to €4,581
- Other operating charges -€1,945
down €1,945 (-44.3%), from €4,391 to €2,446
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.
Derived cash bridge
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 | €179,061 | €150,789 | -€28,271 | -15.8% |
| Fixed assets | 21/28 | €77,652 | €69,895 | -€7,757 | -10.0% |
| Tangible fixed assets | 22/27 | €67,452 | €59,695 | -€7,757 | -11.5% |
| Plant, machinery and equipment | 23 | €1,449 | €839 | -€610 | -42.1% |
| Furniture and vehicles | 24 | - | €15,037 | +€15,037 | |
| Leasing and similar rights | 25 | €66,003 | €43,820 | -€22,183 | -33.6% |
| Financial fixed assets | 28 | €10,200 | €10,200 | = | 0.0% |
| Current assets | 29/58 | €101,409 | €80,894 | -€20,515 | -20.2% |
| Stocks and contracts in progress | 3 | €68,564 | €68,564 | = | 0.0% |
| Stocks | 30/36 | €68,564 | €68,564 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,498 | €11,861 | -€14,637 | -55.2% |
| Trade receivables | 40 | €26,396 | €11,112 | -€15,284 | -57.9% |
| Other amounts receivable | 41 | €102 | €749 | +€647 | +637% |
| Cash at bank and in hand | 54/58 | €5,657 | €103 | -€5,554 | -98.2% |
| Deferred charges and accrued income | 490/1 | €690 | €366 | -€324 | -46.9% |
| Total equity and liabilities | 10/49 | €179,061 | €150,789 | -€28,271 | -15.8% |
| Equity | 10/15 | €44,315 | €3,314 | -€41,001 | -92.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,855 | -€17,146 | -€41,001 | |
| Provisions and deferred taxes | 16 | - | €20,000 | +€20,000 | |
| Provisions for liabilities and charges | 160/5 | - | €20,000 | +€20,000 | |
| Major repairs and maintenance | 162 | - | €20,000 | +€20,000 | |
| Amounts payable | 17/49 | €134,745 | €127,475 | -€7,270 | -5.4% |
| Amounts payable after more than one year | 17 | €36,299 | €59,437 | +€23,138 | +63.7% |
| Financial debts | 170/4 | €36,299 | €59,437 | +€23,138 | +63.7% |
| Amounts payable within one year | 42/48 | €95,524 | €68,038 | -€27,486 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €17,523 | €16,053 | -€1,470 | -8.4% |
| Trade debts | 44 | €51,639 | €44,624 | -€7,016 | -13.6% |
| Suppliers | 440/4 | €51,639 | €44,624 | -€7,016 | -13.6% |
| Taxes, remuneration and social security | 45 | €14,784 | €7,344 | -€7,439 | -50.3% |
| Taxes | 450/3 | €4,267 | €2,066 | -€2,201 | -51.6% |
| Remuneration and social security | 454/9 | €10,517 | €5,278 | -€5,238 | -49.8% |
| Other amounts payable | 47/48 | €11,578 | €17 | -€11,561 | -99.9% |
| Accrued charges and deferred income | 492/3 | €2,922 | €0 | -€2,922 | -100% |
| Remuneration, social security and pensions | 62 | €58,268 | €13,966 | -€44,302 | -76.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,697 | €22,794 | +€97 | +0.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €20,000 | +€20,000 | |
| Other operating charges | 640/8 | €4,391 | €2,446 | -€1,945 | -44.3% |
| Gross operating margin | 9900 | -€8,197 | €22,526 | +€30,723 | |
| Operating profit (loss) | 9901 | -€93,553 | -€36,680 | +€56,874 | +60.8% |
| Financial income | 75/76B | €365 | €260 | -€106 | -28.9% |
| Recurring financial income | 75 | €365 | €260 | -€106 | -28.9% |
| Financial charges | 65/66B | €2,458 | €4,581 | +€2,124 | +86.4% |
| Recurring financial charges | 65 | €2,458 | €4,581 | +€2,124 | +86.4% |
| Profit (loss) for the period before taxes | 9903 | -€95,645 | -€41,001 | +€54,644 | +57.1% |
| Profit (loss) for the period | 9904 | -€95,645 | -€41,001 | +€54,644 | +57.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,645 | -€41,001 | +€54,644 | +57.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.