RE-ALIGN: 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.
RE-ALIGN
Largest movements
- Cash +€6,817
up €6,817 (+64.0%), from €10,652 to €17,469
mainly Net result for the year (+€10,767) and Depreciation (+€3,786)
- Receivables within one year -€2,266
down €2,266 (-8.4%), from €26,958 to €24,692
of which Trade receivables: -€2,266
- Tangible fixed assets -€2,195
down €2,195 (-24.7%), from €8,902 to €6,707
- Deferred charges and accrued income +€573
up €573 (+87.9%), from €652 to €1,226
- Reserves +€10,767
up €10,767 (+1230.5%), from €875 to €11,642
- Other debts -€7,702
down €7,702 (-10.9%), from €70,837 to €63,135
- Trade debts -€1,980
down €1,980 (-67.8%), from €2,920 to €940
- Tax, wage and social debts +€1,844
up €1,844 (+136.4%), from €1,352 to €3,196
- Gross operating margin -€11,835
down €11,835 (-41.1%), from €28,813 to €16,977
- Taxes +€1,119
up €1,119 (+833.7%), from €134 to €1,254
- Other operating charges -€395
down €395 (-28.8%), from €1,371 to €976
- Financial charges -€289
down €289 (-58.0%), from €499 to €210
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 | €47,165 | €50,094 | +€2,929 | +6.2% |
| Fixed assets | 21/28 | €8,902 | €6,707 | -€2,195 | -24.7% |
| Tangible fixed assets | 22/27 | €8,902 | €6,707 | -€2,195 | -24.7% |
| Furniture and vehicles | 24 | €8,902 | €6,707 | -€2,195 | -24.7% |
| Current assets | 29/58 | €38,263 | €43,387 | +€5,124 | +13.4% |
| Amounts receivable within one year | 40/41 | €26,958 | €24,692 | -€2,266 | -8.4% |
| Trade receivables | 40 | €26,958 | €24,692 | -€2,266 | -8.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,652 | €17,469 | +€6,817 | +64.0% |
| Deferred charges and accrued income | 490/1 | €652 | €1,226 | +€573 | +87.9% |
| Total equity and liabilities | 10/49 | €47,165 | €50,094 | +€2,929 | +6.2% |
| Equity | 10/15 | -€27,944 | -€17,177 | +€10,767 | +38.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €875 | €11,642 | +€10,767 | +1230.5% |
| Distributable reserves | 133 | €875 | €11,642 | +€10,767 | +1230.5% |
| Profit (loss) carried forward | 14 | -€35,019 | -€35,019 | = | 0.0% |
| Amounts payable | 17/49 | €75,109 | €67,271 | -€7,838 | -10.4% |
| Amounts payable within one year | 42/48 | €75,109 | €67,271 | -€7,838 | -10.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,920 | €940 | -€1,980 | -67.8% |
| Suppliers | 440/4 | €2,920 | €940 | -€1,980 | -67.8% |
| Taxes, remuneration and social security | 45 | €1,352 | €3,196 | +€1,844 | +136.4% |
| Taxes | 450/3 | €1,352 | €3,196 | +€1,844 | +136.4% |
| Other amounts payable | 47/48 | €70,837 | €63,135 | -€7,702 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,513 | €3,786 | +€273 | +7.8% |
| Other operating charges | 640/8 | €1,371 | €976 | -€395 | -28.8% |
| Gross operating margin | 9900 | €28,813 | €16,977 | -€11,835 | -41.1% |
| Operating profit (loss) | 9901 | €23,928 | €12,215 | -€11,713 | -49.0% |
| Financial income | 75/76B | €0 | €14 | +€14 | +72350.0% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +72350.0% |
| Financial charges | 65/66B | €499 | €210 | -€289 | -58.0% |
| Recurring financial charges | 65 | €499 | €210 | -€289 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €23,429 | €12,020 | -€11,409 | -48.7% |
| Income taxes | 67/77 | €134 | €1,254 | +€1,119 | +833.7% |
| Profit (loss) for the period | 9904 | €23,295 | €10,767 | -€12,529 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,295 | €10,767 | -€12,529 | -53.8% |
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 10 October 2026 via checked.be.