RACINES D'ETRE: 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.
RACINES D'ETRE
Largest movements
- Cash +€6,382
up €6,382 (+115%), from €5,527 to €11,909
mainly Net result for the year (+€4,302) and Tax, wage and social debts (+€1,688)
- Tangible fixed assets -€782
down €782 (-73.5%), from €1,065 to €282
of which Furniture and vehicles: -€775
- Receivables within one year +€598
up €598 (+6.2%), from €9,682 to €10,280
of which Other amounts receivable: +€2,643
- Deferred charges and accrued income +€265
up €265 (+216%), from €123 to €388
- Profit (loss) carried forward +€4,302
up €4,302 (+95.0%), from -€4,530 to -€229
- Tax, wage and social debts +€1,688
up €1,688 (+503%), from €335 to €2,023
- Debts after one year +€250
up €250 (+250%), from €100 to €350
- Gross operating margin +€8,384
up €8,384, from -€993 to €7,392
- Taxes +€1,688
up €1,688 (+503%), from €335 to €2,023
- Depreciation -€695
down €695 (-47.0%), from €1,477 to €782
- Other operating charges +€266
up €266 (+69.2%), from €384 to €651
- Financial income +€217
up €217 (+71.6%), from €302 to €519
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 | €16,397 | €22,859 | +€6,462 | +39.4% |
| Fixed assets | 21/28 | €1,065 | €282 | -€782 | -73.5% |
| Tangible fixed assets | 22/27 | €1,065 | €282 | -€782 | -73.5% |
| Plant, machinery and equipment | 23 | €7 | - | -€7 | |
| Furniture and vehicles | 24 | €1,057 | €282 | -€775 | -73.3% |
| Current assets | 29/58 | €15,332 | €22,577 | +€7,245 | +47.3% |
| Amounts receivable within one year | 40/41 | €9,682 | €10,280 | +€598 | +6.2% |
| Trade receivables | 40 | €2,045 | - | -€2,045 | |
| Other amounts receivable | 41 | €7,637 | €10,280 | +€2,643 | +34.6% |
| Cash at bank and in hand | 54/58 | €5,527 | €11,909 | +€6,382 | +115% |
| Deferred charges and accrued income | 490/1 | €123 | €388 | +€265 | +216% |
| Total equity and liabilities | 10/49 | €16,397 | €22,859 | +€6,462 | +39.4% |
| Equity | 10/15 | €15,930 | €20,231 | +€4,302 | +27.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,530 | -€229 | +€4,302 | +95.0% |
| Amounts payable | 17/49 | €467 | €2,628 | +€2,161 | +463% |
| Amounts payable after more than one year | 17 | €100 | €350 | +€250 | +250% |
| Other amounts payable | 178/9 | €100 | €350 | +€250 | +250% |
| Amounts payable within one year | 42/48 | €367 | €2,278 | +€1,911 | +521% |
| Trade debts | 44 | €32 | €255 | +€223 | +702% |
| Suppliers | 440/4 | €32 | €255 | +€223 | +702% |
| Taxes, remuneration and social security | 45 | €335 | €2,023 | +€1,688 | +503% |
| Taxes | 450/3 | €335 | €2,023 | +€1,688 | +503% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,477 | €782 | -€695 | -47.0% |
| Other operating charges | 640/8 | €384 | €651 | +€266 | +69.2% |
| Gross operating margin | 9900 | -€993 | €7,392 | +€8,384 | |
| Operating profit (loss) | 9901 | -€2,854 | €5,959 | +€8,813 | |
| Financial income | 75/76B | €302 | €519 | +€217 | +71.6% |
| Recurring financial income | 75 | €302 | €519 | +€217 | +71.6% |
| Financial charges | 65/66B | €127 | €154 | +€26 | +20.8% |
| Recurring financial charges | 65 | €127 | €154 | +€26 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,679 | €6,324 | +€9,003 | |
| Income taxes | 67/77 | €335 | €2,023 | +€1,688 | +503% |
| Profit (loss) for the period | 9904 | -€3,014 | €4,302 | +€7,316 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,014 | €4,302 | +€7,316 |
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 31 October 2026 via checked.be.