R & R: 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.
R & R
Largest movements
- Cash +€2,827
up €2,827 (+38.6%), from €7,320 to €10,147
mainly Trade debts (+€4,201) and Other debts (+€382)
- Receivables within one year +€445
new in 2025: €445
- Tangible fixed assets -€308
down €308 (-70.6%), from €436 to €128
- Deferred charges and accrued income +€233
up €233 (+27.2%), from €857 to €1,090
- Trade debts +€4,201
up €4,201 (+12.7%), from €33,138 to €37,339
- Tax, wage and social debts -€1,039
no longer reported in 2025 (was €1,039)
- Other debts +€382
up €382 (+0.9%), from €42,691 to €43,073
- Profit (loss) carried forward -€347
down €347 (-0.3%), from -€118,715 to -€119,062
- Gross operating margin +€2,418
up €2,418, from -€1,642 to €776
- Other operating charges -€151
down €151 (-16.8%), from €897 to €746
- Depreciation -€59
down €59 (-16.1%), from €367 to €308
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 | €8,613 | €11,810 | +€3,197 | +37.1% |
| Fixed assets | 21/28 | €436 | €128 | -€308 | -70.6% |
| Tangible fixed assets | 22/27 | €436 | €128 | -€308 | -70.6% |
| Plant, machinery and equipment | 23 | €436 | €128 | -€308 | -70.6% |
| Current assets | 29/58 | €8,177 | €11,682 | +€3,505 | +42.9% |
| Amounts receivable within one year | 40/41 | - | €445 | +€445 | |
| Other amounts receivable | 41 | - | €445 | +€445 | |
| Cash at bank and in hand | 54/58 | €7,320 | €10,147 | +€2,827 | +38.6% |
| Deferred charges and accrued income | 490/1 | €857 | €1,090 | +€233 | +27.2% |
| Total equity and liabilities | 10/49 | €8,613 | €11,810 | +€3,197 | +37.1% |
| Equity | 10/15 | -€98,255 | -€98,602 | -€347 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,715 | -€119,062 | -€347 | -0.3% |
| Amounts payable | 17/49 | €106,868 | €110,412 | +€3,544 | +3.3% |
| Amounts payable within one year | 42/48 | €106,868 | €110,412 | +€3,544 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €33,138 | €37,339 | +€4,201 | +12.7% |
| Suppliers | 440/4 | €33,138 | €37,339 | +€4,201 | +12.7% |
| Taxes, remuneration and social security | 45 | €1,039 | - | -€1,039 | |
| Taxes | 450/3 | €1,039 | - | -€1,039 | |
| Other amounts payable | 47/48 | €42,691 | €43,073 | +€382 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367 | €308 | -€59 | -16.1% |
| Other operating charges | 640/8 | €897 | €746 | -€151 | -16.8% |
| Gross operating margin | 9900 | -€1,642 | €776 | +€2,418 | |
| Operating profit (loss) | 9901 | -€2,906 | -€278 | +€2,628 | +90.4% |
| Financial charges | 65/66B | €53 | €69 | +€16 | +30.2% |
| Recurring financial charges | 65 | €53 | €69 | +€16 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,959 | -€347 | +€2,612 | +88.3% |
| Profit (loss) for the period | 9904 | -€2,959 | -€347 | +€2,612 | +88.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,959 | -€347 | +€2,612 | +88.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.