Quote: 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.
Quote
Largest movements
- Cash +€34,849
up €34,849 (+482.6%), from €7,221 to €42,070
mainly Other debts (+€14,857) and Receivables within one year (+€13,938)
- Receivables within one year -€13,938
down €13,938 (-66.5%), from €20,949 to €7,011
of which Other amounts receivable: -€8,000
- Tangible fixed assets -€2,572
down €2,572 (-24.0%), from €10,723 to €8,151
- Other debts +€14,857
up €14,857 (+56.6%), from €26,238 to €41,095
- Profit (loss) carried forward +€6,479
up €6,479 (+9.3%), from €69,697 to €76,176
- Trade debts -€2,046
down €2,046 (-50.3%), from €4,068 to €2,023
- Accrued charges and deferred income -€1,572
no longer reported in 2025 (was €1,572)
- Gross operating margin +€10,969
up €10,969 (+164.1%), from €6,686 to €17,655
- Taxes +€5,406
up €5,406, from €0 to €5,406
- Depreciation +€436
up €436 (+20.4%), from €2,136 to €2,572
- Other operating charges -€377
down €377 (-27.6%), from €1,366 to €989
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 | €119,045 | €137,435 | +€18,390 | +15.4% |
| Fixed assets | 21/28 | €10,723 | €8,151 | -€2,572 | -24.0% |
| Tangible fixed assets | 22/27 | €10,723 | €8,151 | -€2,572 | -24.0% |
| Furniture and vehicles | 24 | €10,723 | €8,151 | -€2,572 | -24.0% |
| Current assets | 29/58 | €108,322 | €129,284 | +€20,962 | +19.4% |
| Amounts receivable within one year | 40/41 | €20,949 | €7,011 | -€13,938 | -66.5% |
| Trade receivables | 40 | €12,949 | €7,011 | -€5,938 | -45.9% |
| Other amounts receivable | 41 | €8,000 | - | -€8,000 | |
| Current investments | 50/53 | €80,000 | €80,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,221 | €42,070 | +€34,849 | +482.6% |
| Deferred charges and accrued income | 490/1 | €153 | €203 | +€51 | +33.3% |
| Total equity and liabilities | 10/49 | €119,045 | €137,435 | +€18,390 | +15.4% |
| Equity | 10/15 | €83,980 | €90,459 | +€6,479 | +7.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €13,782 | €13,782 | = | 0.0% |
| Distributable reserves | 133 | €13,782 | €13,782 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,697 | €76,176 | +€6,479 | +9.3% |
| Amounts payable | 17/49 | €35,066 | €46,977 | +€11,911 | +34.0% |
| Amounts payable within one year | 42/48 | €33,494 | €46,977 | +€13,483 | +40.3% |
| Trade debts | 44 | €4,068 | €2,023 | -€2,046 | -50.3% |
| Suppliers | 440/4 | €4,068 | €2,023 | -€2,046 | -50.3% |
| Taxes, remuneration and social security | 45 | €3,188 | €3,859 | +€671 | +21.1% |
| Taxes | 450/3 | €3,188 | €3,859 | +€671 | +21.1% |
| Other amounts payable | 47/48 | €26,238 | €41,095 | +€14,857 | +56.6% |
| Accrued charges and deferred income | 492/3 | €1,572 | - | -€1,572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,136 | €2,572 | +€436 | +20.4% |
| Other operating charges | 640/8 | €1,366 | €989 | -€377 | -27.6% |
| Gross operating margin | 9900 | €6,686 | €17,655 | +€10,969 | +164.1% |
| Operating profit (loss) | 9901 | €3,184 | €14,094 | +€10,910 | +342.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,338 | €2,209 | -€130 | -5.6% |
| Recurring financial charges | 65 | €2,338 | €2,209 | -€130 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €846 | €11,886 | +€11,040 | +1305.4% |
| Income taxes | 67/77 | €0 | €5,406 | +€5,406 | |
| Profit (loss) for the period | 9904 | €846 | €6,479 | +€5,633 | +666.1% |
| Profit (loss) for the period to be appropriated | 9905 | €846 | €6,479 | +€5,633 | +666.1% |
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.