REAL WEALTH: 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.
REAL WEALTH
Largest movements
- Stocks and contracts -€36,653
down €36,653 (-62.5%), from €58,653 to €22,000
- Profit (loss) carried forward -€39,859
down €39,859 (-18.2%), from -€218,590 to -€258,449
- Other debts +€2,792
up €2,792 (+1.1%), from €257,578 to €260,370
- Write-downs -€2,449
down €2,449 (-6.3%), from €39,102 to €36,653
- Other operating charges +€264
up €264 (+212.8%), from €124 to €387
- Gross operating margin -€211
down €211 (-8.1%), from -€2,605 to -€2,816
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 | €60,534 | €23,673 | -€36,861 | -60.9% |
| Current assets | 29/58 | €60,534 | €23,673 | -€36,861 | -60.9% |
| Stocks and contracts in progress | 3 | €58,653 | €22,000 | -€36,653 | -62.5% |
| Stocks | 30/36 | €58,653 | €22,000 | -€36,653 | -62.5% |
| Cash at bank and in hand | 54/58 | €1,881 | €1,673 | -€208 | -11.1% |
| Total equity and liabilities | 10/49 | €60,534 | €23,673 | -€36,861 | -60.9% |
| Equity | 10/15 | -€198,590 | -€238,449 | -€39,859 | -20.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€218,590 | -€258,449 | -€39,859 | -18.2% |
| Amounts payable | 17/49 | €259,124 | €262,122 | +€2,998 | +1.2% |
| Amounts payable within one year | 42/48 | €259,124 | €262,122 | +€2,998 | +1.2% |
| Trade debts | 44 | €1,546 | €1,752 | +€206 | +13.3% |
| Suppliers | 440/4 | €1,546 | €1,752 | +€206 | +13.3% |
| Other amounts payable | 47/48 | €257,578 | €260,370 | +€2,792 | +1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €39,102 | €36,653 | -€2,449 | -6.3% |
| Other operating charges | 640/8 | €124 | €387 | +€264 | +212.8% |
| Gross operating margin | 9900 | -€2,605 | -€2,816 | -€211 | -8.1% |
| Operating profit (loss) | 9901 | -€41,831 | -€39,856 | +€1,974 | +4.7% |
| Financial income | 75/76B | €12 | €15 | +€4 | +30.8% |
| Recurring financial income | 75 | €12 | €15 | +€4 | +30.8% |
| Financial charges | 65/66B | €44 | €18 | -€26 | -59.1% |
| Recurring financial charges | 65 | €44 | €18 | -€26 | -59.1% |
| Profit (loss) for the period before taxes | 9903 | -€41,863 | -€39,859 | +€2,004 | +4.8% |
| Income taxes | 67/77 | €3 | €0 | -€3 | -95.1% |
| Profit (loss) for the period | 9904 | -€41,867 | -€39,859 | +€2,007 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,867 | -€39,859 | +€2,007 | +4.8% |
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 9 October 2026 via checked.be.