READY TO: 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.
READY TO
Largest movements
- Cash +€130,355
up €130,355 (+6,915%), from €1,885 to €132,240
mainly Tax, wage and social debts (+€46,612) and Trade debts (+€34,194)
- Receivables within one year +€6,711
up €6,711 (+25.0%), from €26,870 to €33,581
- Tangible fixed assets +€2,411
up €2,411 (+34.6%), from €6,966 to €9,377
of which Furniture and vehicles: +€2,452
- Tax, wage and social debts +€46,612
up €46,612 (+1,290%), from €3,613 to €50,225
of which Remuneration and social security: +€23,344
- Trade debts +€34,194
new in 2025: €34,194
- Other debts +€34,000
new in 2025: €34,000
- Reserves +€22,727
new in 2025: €22,727
- Profit (loss) carried forward +€2,774
up €2,774 (+39.0%), from €7,108 to €9,882
- Gross operating margin +€257,125
up €257,125 (+2,556%), from €10,060 to €267,185
- Staff costs +€223,202
new in 2025: €223,202
- Taxes +€14,629
up €14,629 (+4,372%), from €335 to €14,964
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 | €35,721 | €176,029 | +€140,308 | +393% |
| Fixed assets | 21/28 | €6,966 | €9,377 | +€2,411 | +34.6% |
| Tangible fixed assets | 22/27 | €6,966 | €9,377 | +€2,411 | +34.6% |
| Plant, machinery and equipment | 23 | - | €1,630 | +€1,630 | |
| Furniture and vehicles | 24 | - | €2,452 | +€2,452 | |
| Other tangible fixed assets | 26 | €6,966 | €5,294 | -€1,672 | -24.0% |
| Current assets | 29/58 | €28,755 | €166,652 | +€137,896 | +480% |
| Amounts receivable within one year | 40/41 | €26,870 | €33,581 | +€6,711 | +25.0% |
| Other amounts receivable | 41 | €26,870 | €33,581 | +€6,711 | +25.0% |
| Cash at bank and in hand | 54/58 | €1,885 | €132,240 | +€130,355 | +6,915% |
| Deferred charges and accrued income | 490/1 | - | €830 | +€830 | |
| Total equity and liabilities | 10/49 | €35,721 | €176,029 | +€140,308 | +393% |
| Equity | 10/15 | €32,108 | €57,609 | +€25,501 | +79.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | - | €22,727 | +€22,727 | |
| Non-distributable reserves | 130/1 | - | €22,727 | +€22,727 | |
| Other | 1319 | - | €22,727 | +€22,727 | |
| Profit (loss) carried forward | 14 | €7,108 | €9,882 | +€2,774 | +39.0% |
| Amounts payable | 17/49 | €3,613 | €118,419 | +€114,806 | +3,178% |
| Amounts payable within one year | 42/48 | €3,613 | €118,419 | +€114,806 | +3,178% |
| Trade debts | 44 | - | €34,194 | +€34,194 | |
| Suppliers | 440/4 | - | €34,194 | +€34,194 | |
| Taxes, remuneration and social security | 45 | €3,613 | €50,225 | +€46,612 | +1,290% |
| Taxes | 450/3 | €3,613 | €26,881 | +€23,268 | +644% |
| Remuneration and social security | 454/9 | - | €23,344 | +€23,344 | |
| Other amounts payable | 47/48 | - | €34,000 | +€34,000 | |
| Remuneration, social security and pensions | 62 | - | €223,202 | +€223,202 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,844 | €2,343 | +€500 | +27.1% |
| Other operating charges | 640/8 | €100 | €972 | +€872 | +869% |
| Non-recurring operating charges | 66A | €452 | - | -€452 | |
| Gross operating margin | 9900 | €10,060 | €267,185 | +€257,125 | +2,556% |
| Operating profit (loss) | 9901 | €7,664 | €40,668 | +€33,004 | +431% |
| Financial income | 75/76B | €5 | €396 | +€391 | +7,589% |
| Recurring financial income | 75 | €5 | €396 | +€391 | +7,589% |
| Financial charges | 65/66B | €212 | €599 | +€387 | +183% |
| Recurring financial charges | 65 | €212 | €599 | +€387 | +183% |
| Profit (loss) for the period before taxes | 9903 | €7,457 | €40,465 | +€33,008 | +443% |
| Income taxes | 67/77 | €335 | €14,964 | +€14,629 | +4,372% |
| Profit (loss) for the period | 9904 | €7,123 | €25,501 | +€18,379 | +258% |
| Profit (loss) for the period to be appropriated | 9905 | €7,123 | €25,501 | +€18,379 | +258% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.