REALM(): 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.
REALM()
Largest movements
- Cash +€25,913
up €25,913 (+113.9%), from €22,755 to €48,668
mainly Depreciation (+€16,590) and Net result for the year (+€5,848)
- Tangible fixed assets -€12,691
down €12,691 (-61.1%), from €20,778 to €8,087
of which Land and buildings: -€15,270
- Receivables within one year -€5,383
down €5,383 (-57.2%), from €9,411 to €4,029
of which Trade receivables: -€5,513
- Profit (loss) carried forward +€5,848
up €5,848 (+1.8%), from -€330,118 to -€324,270
- Other debts +€2,259
up €2,259 (+6.7%), from €33,590 to €35,849
- Tax, wage and social debts -€1,212
down €1,212 (-98.1%), from €1,236 to €24
- Accrued charges and deferred income +€862
new in 2025: €862
- Gross operating margin -€10,714
down €10,714 (-29.3%), from €36,555 to €25,841
- Other operating charges -€4,561
down €4,561 (-57.9%), from €7,883 to €3,322
- Depreciation +€1,257
up €1,257 (+8.2%), from €15,333 to €16,590
- Financial charges -€444
down €444 (-84.6%), from €524 to €81
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 | €52,944 | €61,292 | +€8,349 | +15.8% |
| Fixed assets | 21/28 | €20,778 | €8,087 | -€12,691 | -61.1% |
| Tangible fixed assets | 22/27 | €20,778 | €8,087 | -€12,691 | -61.1% |
| Land and buildings | 22 | €17,713 | €2,442 | -€15,270 | -86.2% |
| Plant, machinery and equipment | 23 | €1,894 | €4,868 | +€2,974 | +157.0% |
| Furniture and vehicles | 24 | €1,170 | €776 | -€394 | -33.7% |
| Current assets | 29/58 | €32,166 | €53,205 | +€21,039 | +65.4% |
| Amounts receivable within one year | 40/41 | €9,411 | €4,029 | -€5,383 | -57.2% |
| Trade receivables | 40 | €9,411 | €3,898 | -€5,513 | -58.6% |
| Other amounts receivable | 41 | - | €131 | +€131 | |
| Cash at bank and in hand | 54/58 | €22,755 | €48,668 | +€25,913 | +113.9% |
| Deferred charges and accrued income | 490/1 | - | €509 | +€509 | |
| Total equity and liabilities | 10/49 | €52,944 | €61,292 | +€8,349 | +15.8% |
| Equity | 10/15 | €14,882 | €20,730 | +€5,848 | +39.3% |
| Contributions | 10/11 | €345,000 | €345,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€330,118 | -€324,270 | +€5,848 | +1.8% |
| Amounts payable | 17/49 | €38,062 | €40,563 | +€2,501 | +6.6% |
| Amounts payable within one year | 42/48 | €38,062 | €39,701 | +€1,639 | +4.3% |
| Trade debts | 44 | €3,236 | €3,828 | +€592 | +18.3% |
| Suppliers | 440/4 | €3,236 | €3,828 | +€592 | +18.3% |
| Taxes, remuneration and social security | 45 | €1,236 | €24 | -€1,212 | -98.1% |
| Taxes | 450/3 | €1,236 | €24 | -€1,212 | -98.1% |
| Other amounts payable | 47/48 | €33,590 | €35,849 | +€2,259 | +6.7% |
| Accrued charges and deferred income | 492/3 | - | €862 | +€862 | |
| Non-recurring operating income | 76A | - | €3,052 | +€3,052 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,333 | €16,590 | +€1,257 | +8.2% |
| Other operating charges | 640/8 | €7,883 | €3,322 | -€4,561 | -57.9% |
| Gross operating margin | 9900 | €36,555 | €25,841 | -€10,714 | -29.3% |
| Operating profit (loss) | 9901 | €13,339 | €5,929 | -€7,410 | -55.6% |
| Financial charges | 65/66B | €524 | €81 | -€444 | -84.6% |
| Recurring financial charges | 65 | €524 | €81 | -€444 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €12,814 | €5,848 | -€6,966 | -54.4% |
| Profit (loss) for the period | 9904 | €12,814 | €5,848 | -€6,966 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,814 | €5,848 | -€6,966 | -54.4% |
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.