reflectonit: 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.
reflectonit
Largest movements
- Cash +€59,609
up €59,609 (+73.1%), from €81,557 to €141,166
mainly Net result for the year (+€99,329) and Tax, wage and social debts (+€14,280)
- Current investments +€40,000
new in 2025: €40,000
- Receivables within one year +€9,243
up €9,243 (+39.9%), from €23,167 to €32,410
of which Other amounts receivable: +€6,850
- Reserves +€99,329
up €99,329 (+136.3%), from €72,885 to €172,213
- Tax, wage and social debts +€14,280
up €14,280 (+52.8%), from €27,036 to €41,315
- Other debts -€2,957
down €2,957 (-100.0%), from €2,957 to €0
- Gross operating margin +€49,680
up €49,680 (+59.0%), from €84,171 to €133,850
- Taxes +€12,564
up €12,564 (+74.6%), from €16,850 to €29,413
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 | €109,602 | €221,165 | +€111,563 | +101.8% |
| Fixed assets | 21/28 | €4,398 | €6,288 | +€1,890 | +43.0% |
| Tangible fixed assets | 22/27 | €4,398 | €6,288 | +€1,890 | +43.0% |
| Plant, machinery and equipment | 23 | €2,290 | €2,856 | +€566 | +24.7% |
| Other tangible fixed assets | 26 | €2,108 | €3,432 | +€1,323 | +62.8% |
| Current assets | 29/58 | €105,204 | €214,877 | +€109,673 | +104.2% |
| Amounts receivable within one year | 40/41 | €23,167 | €32,410 | +€9,243 | +39.9% |
| Trade receivables | 40 | €23,167 | €25,561 | +€2,393 | +10.3% |
| Other amounts receivable | 41 | - | €6,850 | +€6,850 | |
| Current investments | 50/53 | - | €40,000 | +€40,000 | |
| Cash at bank and in hand | 54/58 | €81,557 | €141,166 | +€59,609 | +73.1% |
| Deferred charges and accrued income | 490/1 | €479 | €1,301 | +€822 | +171.5% |
| Total equity and liabilities | 10/49 | €109,602 | €221,165 | +€111,563 | +101.8% |
| Equity | 10/15 | €78,885 | €178,213 | +€99,329 | +125.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €72,885 | €172,213 | +€99,329 | +136.3% |
| Distributable reserves | 133 | €72,885 | €172,213 | +€99,329 | +136.3% |
| Amounts payable | 17/49 | €30,717 | €42,952 | +€12,234 | +39.8% |
| Amounts payable within one year | 42/48 | €30,597 | €42,952 | +€12,354 | +40.4% |
| Trade debts | 44 | €605 | €1,636 | +€1,032 | +170.7% |
| Suppliers | 440/4 | €605 | €1,636 | +€1,032 | +170.7% |
| Taxes, remuneration and social security | 45 | €27,036 | €41,315 | +€14,280 | +52.8% |
| Taxes | 450/3 | €27,036 | €41,315 | +€14,280 | +52.8% |
| Other amounts payable | 47/48 | €2,957 | €0 | -€2,957 | -100.0% |
| Accrued charges and deferred income | 492/3 | €120 | €0 | -€120 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,287 | €2,155 | +€868 | +67.5% |
| Other operating charges | 640/8 | €25 | €671 | +€646 | +2585.4% |
| Gross operating margin | 9900 | €84,171 | €133,850 | +€49,680 | +59.0% |
| Operating profit (loss) | 9901 | €82,859 | €131,024 | +€48,165 | +58.1% |
| Financial income | 75/76B | €4 | €204 | +€200 | +5202.9% |
| Recurring financial income | 75 | €4 | €204 | +€200 | +5202.9% |
| Financial charges | 65/66B | €1,631 | €2,486 | +€855 | +52.4% |
| Recurring financial charges | 65 | €1,631 | €2,486 | +€855 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | €81,231 | €128,742 | +€47,511 | +58.5% |
| Income taxes | 67/77 | €16,850 | €29,413 | +€12,564 | +74.6% |
| Profit (loss) for the period | 9904 | €64,382 | €99,329 | +€34,947 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,382 | €99,329 | +€34,947 | +54.3% |
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 8 October 2026 via checked.be.