RE-PRESENT: 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-PRESENT
Largest movements
- Cash +€867,660
up €867,660 (+503%), from €172,616 to €1.0m
mainly Net result for the year (+€1.1m) and Other debts (+€299,330)
- Tangible fixed assets +€464,861
up €464,861 (+22.8%), from €2.0m to €2.5m
of which Land and buildings: +€465,568
- Current investments +€66,936
up €66,936 (+55.6%), from €120,440 to €187,375
- Reserves +€718,212
up €718,212 (+66.1%), from €1.1m to €1.8m
of which Distributable reserves: +€718,212
- Other debts +€299,330
up €299,330 (+1,325%), from €22,593 to €321,923
- Debts after one year +€231,477
up €231,477 (+12.9%), from €1.8m to €2.0m
- Trade debts +€109,754
up €109,754 (+668%), from €16,438 to €126,192
- Financial income +€1.0m
up €1.0m (+20,804%), from €4,980 to €1.0m
of which Financial income: +€1.0m
- Depreciation -€125,398
down €125,398 (-51.7%), from €242,382 to €116,984
- Financial charges +€23,085
up €23,085 (+46.8%), from €49,293 to €72,378
- Other operating charges -€14,179
down €14,179 (-91.0%), from €15,574 to €1,395
- Taxes -€2,361
down €2,361, from €1,506 to -€856
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 | €3,071,251 | €4,473,162 | +€1.4m | +45.6% |
| Fixed assets | 21/28 | €2,736,513 | €3,201,374 | +€464,861 | +17.0% |
| Tangible fixed assets | 22/27 | €2,036,513 | €2,501,374 | +€464,861 | +22.8% |
| Land and buildings | 22 | €2,033,247 | €2,498,815 | +€465,568 | +22.9% |
| Plant, machinery and equipment | 23 | €613 | €498 | -€116 | -18.8% |
| Furniture and vehicles | 24 | €2,653 | €2,062 | -€591 | -22.3% |
| Financial fixed assets | 28 | €700,000 | €700,000 | = | 0.0% |
| Current assets | 29/58 | €334,738 | €1,271,787 | +€937,049 | +280% |
| Amounts receivable within one year | 40/41 | €41,026 | €43,528 | +€2,502 | +6.1% |
| Trade receivables | 40 | €30,438 | €33,759 | +€3,321 | +10.9% |
| Other amounts receivable | 41 | €10,589 | €9,769 | -€819 | -7.7% |
| Current investments | 50/53 | €120,440 | €187,375 | +€66,936 | +55.6% |
| Cash at bank and in hand | 54/58 | €172,616 | €1,040,277 | +€867,660 | +503% |
| Deferred charges and accrued income | 490/1 | €655 | €607 | -€49 | -7.4% |
| Total equity and liabilities | 10/49 | €3,071,251 | €4,473,162 | +€1.4m | +45.6% |
| Equity | 10/15 | €1,105,080 | €1,823,293 | +€718,212 | +65.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,086,480 | €1,804,693 | +€718,212 | +66.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,086,480 | €1,804,693 | +€718,212 | +66.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,966,171 | €2,649,869 | +€683,699 | +34.8% |
| Amounts payable after more than one year | 17 | €1,790,021 | €2,021,498 | +€231,477 | +12.9% |
| Financial debts | 170/4 | €1,790,021 | €2,021,498 | +€231,477 | +12.9% |
| Amounts payable within one year | 42/48 | €176,149 | €621,686 | +€445,537 | +253% |
| Current portion of amounts payable after more than one year | 42 | €136,767 | €161,581 | +€24,814 | +18.1% |
| Trade debts | 44 | €16,438 | €126,192 | +€109,754 | +668% |
| Suppliers | 440/4 | €16,438 | €126,192 | +€109,754 | +668% |
| Taxes, remuneration and social security | 45 | €351 | €11,990 | +€11,639 | +3,316% |
| Taxes | 450/3 | €351 | €11,990 | +€11,639 | +3,316% |
| Other amounts payable | 47/48 | €22,593 | €321,923 | +€299,330 | +1,325% |
| Accrued charges and deferred income | 492/3 | - | €6,685 | +€6,685 | |
| Remuneration, social security and pensions | 62 | €633 | €0 | -€633 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242,382 | €116,984 | -€125,398 | -51.7% |
| Other operating charges | 640/8 | €15,574 | €1,395 | -€14,179 | -91.0% |
| Gross operating margin | 9900 | €204,781 | €202,530 | -€2,250 | -1.1% |
| Operating profit (loss) | 9901 | -€53,807 | €84,152 | +€137,959 | |
| Financial income | 75/76B | €4,980 | €1,040,923 | +€1.0m | +20,804% |
| Recurring financial income | 75 | €4,980 | €1,040,923 | +€1.0m | +20,804% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €49,293 | €72,378 | +€23,085 | +46.8% |
| Recurring financial charges | 65 | €49,293 | €72,378 | +€23,085 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | -€98,120 | €1,052,698 | +€1.2m | |
| Income taxes | 67/77 | €1,506 | -€856 | -€2,361 | |
| Profit (loss) for the period | 9904 | -€99,626 | €1,053,553 | +€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | -€99,626 | €1,053,553 | +€1.2m |
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 27 October 2026 via checked.be.