ready2improve: what changed
Two fiscal 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.
ready2improve
Largest movements
- Intangible fixed assets +€178,244
up €178,244 (+44.2%), from €403,366 to €581,610
- Cash -€120,237
down €120,237 (-47.9%), from €250,884 to €130,647
mainly Investment in fixed assets (net) (-€338,583) and Accrued charges and deferred income (-€139,557)
- Profit (loss) carried forward +€270,981
up €270,981, from -€22,731 to €248,251
- Accrued charges and deferred income -€139,557
down €139,557 (-63.1%), from €221,338 to €81,780
- Debts after one year -€90,853
down €90,853 (-65.5%), from €138,746 to €47,892
- Current portion of long-term debt +€17,599
up €17,599 (+75.7%), from €23,254 to €40,853
- Tax, wage and social debts -€9,330
down €9,330 (-20.2%), from €46,121 to €36,791
of which Taxes: -€12,249
- Gross operating margin +€290,100
up €290,100 (+96.2%), from €301,622 to €591,722
- Depreciation +€35,810
up €35,810 (+28.6%), from €125,052 to €160,863
- Staff costs +€6,296
up €6,296 (+4.3%), from €146,228 to €152,524
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 | €838,270 | €892,999 | +€54,729 | +6.5% |
| Fixed assets | 21/28 | €408,367 | €586,086 | +€177,720 | +43.5% |
| Intangible fixed assets | 21 | €403,366 | €581,610 | +€178,244 | +44.2% |
| Tangible fixed assets | 22/27 | €3,235 | €2,711 | -€524 | -16.2% |
| Plant, machinery and equipment | 23 | €3,235 | €2,711 | -€524 | -16.2% |
| Financial fixed assets | 28 | €1,766 | €1,766 | = | 0.0% |
| Current assets | 29/58 | €429,903 | €306,912 | -€122,991 | -28.6% |
| Amounts receivable within one year | 40/41 | €175,093 | €174,624 | -€469 | -0.3% |
| Trade receivables | 40 | €175,093 | €174,624 | -€469 | -0.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €250,884 | €130,647 | -€120,237 | -47.9% |
| Deferred charges and accrued income | 490/1 | €3,926 | €1,641 | -€2,285 | -58.2% |
| Total equity and liabilities | 10/49 | €838,270 | €892,999 | +€54,729 | +6.5% |
| Equity | 10/15 | €277,437 | €548,418 | +€270,981 | +97.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €168 | €168 | = | 0.0% |
| Distributable reserves | 133 | €168 | €168 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,731 | €248,251 | +€270,981 | |
| Amounts payable | 17/49 | €560,833 | €344,580 | -€216,252 | -38.6% |
| Amounts payable after more than one year | 17 | €138,746 | €47,892 | -€90,853 | -65.5% |
| Financial debts | 170/4 | €138,746 | €47,892 | -€90,853 | -65.5% |
| Amounts payable within one year | 42/48 | €200,749 | €214,908 | +€14,158 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €23,254 | €40,853 | +€17,599 | +75.7% |
| Trade debts | 44 | €131,374 | €134,263 | +€2,889 | +2.2% |
| Suppliers | 440/4 | €131,374 | €134,263 | +€2,889 | +2.2% |
| Taxes, remuneration and social security | 45 | €46,121 | €36,791 | -€9,330 | -20.2% |
| Taxes | 450/3 | €25,056 | €12,806 | -€12,249 | -48.9% |
| Remuneration and social security | 454/9 | €21,065 | €23,985 | +€2,920 | +13.9% |
| Other amounts payable | 47/48 | €0 | €3,000 | +€3,000 | |
| Accrued charges and deferred income | 492/3 | €221,338 | €81,780 | -€139,557 | -63.1% |
| Remuneration, social security and pensions | 62 | €146,228 | €152,524 | +€6,296 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,052 | €160,863 | +€35,810 | +28.6% |
| Other operating charges | 640/8 | €2,095 | €590 | -€1,505 | -71.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €301,622 | €591,722 | +€290,100 | +96.2% |
| Operating profit (loss) | 9901 | €28,247 | €277,745 | +€249,499 | +883.3% |
| Financial income | 75/76B | €1,345 | €1,124 | -€221 | -16.4% |
| Recurring financial income | 75 | €1,345 | €1,124 | -€221 | -16.4% |
| Financial charges | 65/66B | €6,835 | €3,629 | -€3,206 | -46.9% |
| Recurring financial charges | 65 | €6,835 | €3,629 | -€3,206 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €22,757 | €275,240 | +€252,484 | +1109.5% |
| Income taxes | 67/77 | €588 | €1,259 | +€671 | +114.2% |
| Profit (loss) for the period | 9904 | €22,169 | €273,981 | +€251,812 | +1135.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,169 | €273,981 | +€251,812 | +1135.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.