REDACTA: 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.
REDACTA
Largest movements
- Receivables after one year +€4,975
up €4,975 (+382.8%), from €1,300 to €6,275
- Cash +€3,260
up €3,260 (+586.9%), from €555 to €3,815
mainly Net result for the year (+€7,852) and Depreciation (+€2,830)
- Tangible fixed assets -€2,830
down €2,830 (-29.0%), from €9,745 to €6,915
- Receivables within one year +€1,780
up €1,780 (+25.5%), from €6,982 to €8,762
of which Trade receivables: +€1,887
- Profit (loss) carried forward +€7,852
up €7,852 (+95.6%), from -€8,217 to -€365
- Tax, wage and social debts +€1,873
up €1,873 (+435.1%), from €431 to €2,304
of which Taxes: +€1,873
- Other debts -€1,704
down €1,704 (-9.5%), from €17,981 to €16,277
- Trade debts -€773
down €773 (-91.3%), from €848 to €74
- Gross operating margin +€14,083
up €14,083, from -€2,942 to €11,141
- Depreciation -€750
down €750 (-21.0%), from €3,580 to €2,830
- Financial income -€243
down €243 (-36.2%), from €671 to €428
- Other operating charges -€167
down €167 (-26.0%), from €642 to €475
- Taxes +€126
up €126 (+73.5%), from €172 to €298
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 | €19,167 | €26,414 | +€7,248 | +37.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €9,745 | €6,915 | -€2,830 | -29.0% |
| Tangible fixed assets | 22/27 | €9,745 | €6,915 | -€2,830 | -29.0% |
| Furniture and vehicles | 24 | €9,745 | €6,915 | -€2,830 | -29.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €9,422 | €19,500 | +€10,078 | +107.0% |
| Amounts receivable after more than one year | 29 | €1,300 | €6,275 | +€4,975 | +382.8% |
| Trade receivables | 290 | €1,300 | €6,275 | +€4,975 | +382.8% |
| Amounts receivable within one year | 40/41 | €6,982 | €8,762 | +€1,780 | +25.5% |
| Trade receivables | 40 | €6,807 | €8,694 | +€1,887 | +27.7% |
| Other amounts receivable | 41 | €175 | €68 | -€107 | -61.2% |
| Cash at bank and in hand | 54/58 | €555 | €3,815 | +€3,260 | +586.9% |
| Deferred charges and accrued income | 490/1 | €585 | €647 | +€62 | +10.6% |
| Total equity and liabilities | 10/49 | €19,167 | €26,414 | +€7,248 | +37.8% |
| Equity | 10/15 | -€92 | €7,760 | +€7,852 | |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,217 | -€365 | +€7,852 | +95.6% |
| Amounts payable | 17/49 | €19,259 | €18,655 | -€604 | -3.1% |
| Amounts payable within one year | 42/48 | €19,259 | €18,655 | -€604 | -3.1% |
| Trade debts | 44 | €848 | €74 | -€773 | -91.3% |
| Suppliers | 440/4 | €848 | €74 | -€773 | -91.3% |
| Taxes, remuneration and social security | 45 | €431 | €2,304 | +€1,873 | +435.1% |
| Taxes | 450/3 | €431 | €2,304 | +€1,873 | +435.1% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €17,981 | €16,277 | -€1,704 | -9.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,580 | €2,830 | -€750 | -21.0% |
| Other operating charges | 640/8 | €642 | €475 | -€167 | -26.0% |
| Gross operating margin | 9900 | -€2,942 | €11,141 | +€14,083 | |
| Operating profit (loss) | 9901 | -€7,164 | €7,836 | +€15,000 | |
| Financial income | 75/76B | €671 | €428 | -€243 | -36.2% |
| Recurring financial income | 75 | €671 | €428 | -€243 | -36.2% |
| Financial charges | 65/66B | €129 | €114 | -€15 | -12.0% |
| Recurring financial charges | 65 | €129 | €114 | -€15 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,623 | €8,150 | +€14,772 | |
| Income taxes | 67/77 | €172 | €298 | +€126 | +73.5% |
| Profit (loss) for the period | 9904 | -€6,795 | €7,852 | +€14,646 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,795 | €7,852 | +€14,646 |
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.