REALPRINT: 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.
REALPRINT
Largest movements
- Tangible fixed assets +€343,385
up €343,385 (+9012.7%), from €3,810 to €347,195
of which Land and buildings: +€330,650
- Receivables within one year +€19,225
up €19,225 (+65.1%), from €29,546 to €48,771
- Stocks and contracts -€8,551
down €8,551 (-93.7%), from €9,126 to €575
- Cash -€5,220
down €5,220 (-87.3%), from €5,977 to €757
mainly Investment in fixed assets (net) (-€364,092) and Receivables within one year (-€19,225)
- Debts after one year +€294,235
new in 2025: €294,235
- Current portion of long-term debt +€16,679
new in 2025: €16,679
- Short-term financial debts +€15,279
new in 2025: €15,279
- Trade debts +€11,011
up €11,011 (+2337.8%), from €471 to €11,482
- Profit (loss) carried forward +€4,510
up €4,510 (+11.3%), from €39,865 to €44,375
- Gross operating margin +€53,486
up €53,486 (+271.2%), from €19,721 to €73,207
- Other operating charges +€44,598
up €44,598 (+2156.6%), from €2,068 to €46,666
- Depreciation +€12,315
up €12,315 (+146.7%), from €8,392 to €20,707
- Financial income +€6,259
new in 2025: €6,259
of which Financial income: +€6,259
- Financial charges +€2,447
up €2,447 (+220.3%), from €1,111 to €3,558
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 | €48,459 | €397,298 | +€348,839 | +719.9% |
| Fixed assets | 21/28 | €3,810 | €347,195 | +€343,385 | +9012.7% |
| Tangible fixed assets | 22/27 | €3,810 | €347,195 | +€343,385 | +9012.7% |
| Land and buildings | 22 | - | €330,650 | +€330,650 | |
| Plant, machinery and equipment | 23 | €163 | €1,696 | +€1,533 | +940.5% |
| Furniture and vehicles | 24 | €3,647 | €14,849 | +€11,202 | +307.2% |
| Current assets | 29/58 | €44,649 | €50,103 | +€5,454 | +12.2% |
| Stocks and contracts in progress | 3 | €9,126 | €575 | -€8,551 | -93.7% |
| Stocks | 30/36 | €9,126 | €575 | -€8,551 | -93.7% |
| Amounts receivable within one year | 40/41 | €29,546 | €48,771 | +€19,225 | +65.1% |
| Trade receivables | 40 | €29,546 | €48,771 | +€19,225 | +65.1% |
| Cash at bank and in hand | 54/58 | €5,977 | €757 | -€5,220 | -87.3% |
| Total equity and liabilities | 10/49 | €48,459 | €397,298 | +€348,839 | +719.9% |
| Equity | 10/15 | €41,365 | €45,875 | +€4,510 | +10.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Capital | 10 | €500 | - | -€500 | |
| Issued capital | 100 | €500 | - | -€500 | |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | - | -€1,000 | |
| Reserves not available under the articles | 1311 | - | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | €39,865 | €44,375 | +€4,510 | +11.3% |
| Amounts payable | 17/49 | €7,094 | €351,423 | +€344,329 | +4853.8% |
| Amounts payable after more than one year | 17 | - | €294,235 | +€294,235 | |
| Financial debts | 170/4 | - | €294,235 | +€294,235 | |
| Amounts payable within one year | 42/48 | €7,094 | €57,188 | +€50,094 | +706.1% |
| Current portion of amounts payable after more than one year | 42 | - | €16,679 | +€16,679 | |
| Financial debts | 43 | - | €15,279 | +€15,279 | |
| Credit institutions | 430/8 | - | €15,279 | +€15,279 | |
| Trade debts | 44 | €471 | €11,482 | +€11,011 | +2337.8% |
| Suppliers | 440/4 | €471 | €11,482 | +€11,011 | +2337.8% |
| Taxes, remuneration and social security | 45 | €6,087 | €9,185 | +€3,098 | +50.9% |
| Taxes | 450/3 | €6,087 | €9,185 | +€3,098 | +50.9% |
| Other amounts payable | 47/48 | €536 | €4,563 | +€4,027 | +751.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,392 | €20,707 | +€12,315 | +146.7% |
| Other operating charges | 640/8 | €2,068 | €46,666 | +€44,598 | +2156.6% |
| Gross operating margin | 9900 | €19,721 | €73,207 | +€53,486 | +271.2% |
| Operating profit (loss) | 9901 | €9,261 | €5,834 | -€3,427 | -37.0% |
| Financial income | 75/76B | - | €6,259 | +€6,259 | |
| Recurring financial income | 75 | - | €6,259 | +€6,259 | |
| Non-recurring financial income | 76B | - | €6,259 | +€6,259 | |
| Financial charges | 65/66B | €1,111 | €3,558 | +€2,447 | +220.3% |
| Recurring financial charges | 65 | €1,111 | €3,558 | +€2,447 | +220.3% |
| Profit (loss) for the period before taxes | 9903 | €8,150 | €8,535 | +€385 | +4.7% |
| Income taxes | 67/77 | €2,690 | €4,025 | +€1,335 | +49.6% |
| Profit (loss) for the period | 9904 | €5,460 | €4,510 | -€950 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,460 | €4,510 | -€950 | -17.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.