Realise: 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.
Realise
Largest movements
- Cash -€242,401
down €242,401 (-66.1%), from €366,647 to €124,246
mainly Contributions, distributions and other (-€300,000) and Receivables within one year (-€195,779)
- Receivables within one year +€195,779
up €195,779 (+27.0%), from €723,942 to €919,721
of which Trade receivables: +€171,734
- Tangible fixed assets +€16,473
up €16,473 (+38.4%), from €42,876 to €59,349
of which Furniture and vehicles: +€18,265
- Profit (loss) carried forward -€413,211
down €413,211 (-83.6%), from €494,036 to €80,825
- Trade debts +€293,639
up €293,639 (+62.8%), from €467,348 to €760,987
- Other debts +€90,000
up €90,000 (+598.7%), from €15,033 to €105,033
- Debts after one year -€14,475
down €14,475 (-30.1%), from €48,041 to €33,566
- Staff costs +€57,475
up €57,475 (+25.8%), from €222,964 to €280,439
- Write-downs +€41,077
up €41,077, from €0 to €41,077
- Gross operating margin -€40,062
down €40,062 (-14.6%), from €273,665 to €233,603
- Other operating charges -€18,014
down €18,014 (-74.2%), from €24,283 to €6,268
- Taxes -€10,248
down €10,248 (-94.9%), from €10,798 to €550
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 | €1,151,599 | €1,113,055 | -€38,544 | -3.3% |
| Fixed assets | 21/28 | €48,531 | €65,004 | +€16,473 | +33.9% |
| Tangible fixed assets | 22/27 | €42,876 | €59,349 | +€16,473 | +38.4% |
| Land and buildings | 22 | €7,159 | €5,367 | -€1,792 | -25.0% |
| Furniture and vehicles | 24 | €35,717 | €53,982 | +€18,265 | +51.1% |
| Financial fixed assets | 28 | €5,655 | €5,655 | = | 0.0% |
| Current assets | 29/58 | €1,103,068 | €1,048,051 | -€55,017 | -5.0% |
| Amounts receivable within one year | 40/41 | €723,942 | €919,721 | +€195,779 | +27.0% |
| Trade receivables | 40 | €718,280 | €890,014 | +€171,734 | +23.9% |
| Other amounts receivable | 41 | €5,662 | €29,707 | +€24,045 | +424.7% |
| Cash at bank and in hand | 54/58 | €366,647 | €124,246 | -€242,401 | -66.1% |
| Deferred charges and accrued income | 490/1 | €12,479 | €4,084 | -€8,395 | -67.3% |
| Total equity and liabilities | 10/49 | €1,151,599 | €1,113,055 | -€38,544 | -3.3% |
| Equity | 10/15 | €508,536 | €95,325 | -€413,211 | -81.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €494,036 | €80,825 | -€413,211 | -83.6% |
| Amounts payable | 17/49 | €643,063 | €1,017,730 | +€374,667 | +58.3% |
| Amounts payable after more than one year | 17 | €48,041 | €33,566 | -€14,475 | -30.1% |
| Financial debts | 170/4 | €48,041 | €33,566 | -€14,475 | -30.1% |
| Amounts payable within one year | 42/48 | €592,786 | €981,928 | +€389,142 | +65.6% |
| Current portion of amounts payable after more than one year | 42 | €13,891 | €14,475 | +€584 | +4.2% |
| Trade debts | 44 | €467,348 | €760,987 | +€293,639 | +62.8% |
| Suppliers | 440/4 | €467,348 | €760,987 | +€293,639 | +62.8% |
| Advances received on contracts in progress | 46 | €1,000 | €1,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €95,515 | €100,434 | +€4,919 | +5.1% |
| Taxes | 450/3 | €52,041 | €50,222 | -€1,820 | -3.5% |
| Remuneration and social security | 454/9 | €43,473 | €50,212 | +€6,738 | +15.5% |
| Other amounts payable | 47/48 | €15,033 | €105,033 | +€90,000 | +598.7% |
| Accrued charges and deferred income | 492/3 | €2,236 | €2,236 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €222,964 | €280,439 | +€57,475 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,180 | €15,534 | +€5,354 | +52.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €41,077 | +€41,077 | |
| Other operating charges | 640/8 | €24,283 | €6,268 | -€18,014 | -74.2% |
| Gross operating margin | 9900 | €273,665 | €233,603 | -€40,062 | -14.6% |
| Operating profit (loss) | 9901 | €16,239 | -€109,716 | -€125,955 | |
| Financial income | 75/76B | €30 | €0 | -€30 | -99.9% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -99.9% |
| Financial charges | 65/66B | €1,719 | €2,945 | +€1,226 | +71.3% |
| Recurring financial charges | 65 | €1,719 | €2,945 | +€1,226 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | €14,550 | -€112,661 | -€127,211 | |
| Income taxes | 67/77 | €10,798 | €550 | -€10,248 | -94.9% |
| Profit (loss) for the period | 9904 | €3,751 | -€113,211 | -€116,963 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,751 | -€113,211 | -€116,963 |
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 11 October 2026 via checked.be.