R-J: 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.
R-J
Largest movements
- Cash +€118,277
up €118,277 (+785.7%), from €15,055 to €133,332
mainly Net result for the year (+€88,255) and Tax, wage and social debts (+€28,254)
- Deferred charges and accrued income +€4,524
new in 2025: €4,524
- Tangible fixed assets +€3,180
up €3,180 (+462.6%), from €687 to €3,868
- Receivables within one year -€2,427
down €2,427 (-25.1%), from €9,680 to €7,253
of which Trade receivables: -€3,546
- Reserves +€90,000
new in 2025: €90,000
- Tax, wage and social debts +€28,254
up €28,254 (+255.1%), from €11,076 to €39,330
of which Taxes: +€30,754
- Trade debts +€7,295
up €7,295 (+774.0%), from €942 to €8,237
- Profit (loss) carried forward -€1,745
down €1,745 (-31.0%), from €5,627 to €3,882
- Gross operating margin +€105,549
up €105,549 (+1387.8%), from €7,605 to €113,154
- Taxes +€22,232
up €22,232 (+1228.7%), from €1,809 to €24,041
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 | €25,422 | €148,976 | +€123,554 | +486.0% |
| Fixed assets | 21/28 | €687 | €3,868 | +€3,180 | +462.6% |
| Tangible fixed assets | 22/27 | €687 | €3,868 | +€3,180 | +462.6% |
| Furniture and vehicles | 24 | €687 | €3,868 | +€3,180 | +462.6% |
| Current assets | 29/58 | €24,735 | €145,109 | +€120,374 | +486.7% |
| Amounts receivable within one year | 40/41 | €9,680 | €7,253 | -€2,427 | -25.1% |
| Trade receivables | 40 | €9,680 | €6,134 | -€3,546 | -36.6% |
| Other amounts receivable | 41 | - | €1,119 | +€1,119 | |
| Cash at bank and in hand | 54/58 | €15,055 | €133,332 | +€118,277 | +785.7% |
| Deferred charges and accrued income | 490/1 | - | €4,524 | +€4,524 | |
| Total equity and liabilities | 10/49 | €25,422 | €148,976 | +€123,554 | +486.0% |
| Equity | 10/15 | €10,627 | €98,882 | +€88,255 | +830.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €90,000 | +€90,000 | |
| Distributable reserves | 133 | - | €90,000 | +€90,000 | |
| Profit (loss) carried forward | 14 | €5,627 | €3,882 | -€1,745 | -31.0% |
| Amounts payable | 17/49 | €14,795 | €50,094 | +€35,299 | +238.6% |
| Amounts payable within one year | 42/48 | €14,635 | €50,094 | +€35,459 | +242.3% |
| Trade debts | 44 | €942 | €8,237 | +€7,295 | +774.0% |
| Suppliers | 440/4 | €942 | €8,237 | +€7,295 | +774.0% |
| Taxes, remuneration and social security | 45 | €11,076 | €39,330 | +€28,254 | +255.1% |
| Taxes | 450/3 | €8,576 | €39,330 | +€30,754 | +358.6% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €2,617 | €2,527 | -€90 | -3.4% |
| Accrued charges and deferred income | 492/3 | €160 | - | -€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155 | €824 | +€668 | +429.8% |
| Gross operating margin | 9900 | €7,605 | €113,154 | +€105,549 | +1387.8% |
| Operating profit (loss) | 9901 | €7,450 | €112,330 | +€104,881 | +1407.8% |
| Financial charges | 65/66B | €13 | €34 | +€21 | +161.9% |
| Recurring financial charges | 65 | €13 | €34 | +€21 | +161.9% |
| Profit (loss) for the period before taxes | 9903 | €7,437 | €112,296 | +€104,859 | +1410.0% |
| Income taxes | 67/77 | €1,809 | €24,041 | +€22,232 | +1228.7% |
| Profit (loss) for the period | 9904 | €5,627 | €88,255 | +€82,628 | +1468.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,627 | €88,255 | +€82,628 | +1468.3% |
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 8 October 2026 via checked.be.