Registor(e): 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.
Registor(e)
Largest movements
- Receivables within one year +€342,917
up €342,917 (+68.7%), from €498,931 to €841,849
- Cash +€146,470
up €146,470 (+128%), from €114,305 to €260,775
mainly Net result for the year (+€380,734) and Trade debts (+€169,956)
- Tangible fixed assets -€51,719
down €51,719 (-17.8%), from €290,475 to €238,756
- Trade debts +€169,956
up €169,956 (+121%), from €140,701 to €310,657
- Profit (loss) carried forward +€140,734
up €140,734 (+27.4%), from €513,341 to €654,075
- Tax, wage and social debts +€115,787
up €115,787 (+113%), from €102,569 to €218,356
of which Taxes: +€60,720
- Debts after one year -€23,430
down €23,430 (-73.9%), from €31,712 to €8,282
- Gross operating margin +€229,115
up €229,115 (+22.4%), from €1.0m to €1.3m
- Staff costs +€159,752
up €159,752 (+27.0%), from €591,315 to €751,067
- Taxes -€38,000
down €38,000 (-40.9%), from €93,000 to €55,000
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.
Derived cash bridge
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 | €917,724 | €1,344,766 | +€427,042 | +46.5% |
| Fixed assets | 21/28 | €290,475 | €238,756 | -€51,719 | -17.8% |
| Tangible fixed assets | 22/27 | €290,475 | €238,756 | -€51,719 | -17.8% |
| Plant, machinery and equipment | 23 | €33,824 | €27,975 | -€5,849 | -17.3% |
| Furniture and vehicles | 24 | €96,938 | €74,826 | -€22,112 | -22.8% |
| Other tangible fixed assets | 26 | €159,713 | €135,955 | -€23,758 | -14.9% |
| Current assets | 29/58 | €627,250 | €1,106,011 | +€478,761 | +76.3% |
| Amounts receivable within one year | 40/41 | €498,931 | €841,849 | +€342,917 | +68.7% |
| Trade receivables | 40 | €498,931 | €841,849 | +€342,917 | +68.7% |
| Cash at bank and in hand | 54/58 | €114,305 | €260,775 | +€146,470 | +128% |
| Deferred charges and accrued income | 490/1 | €14,013 | €3,387 | -€10,626 | -75.8% |
| Total equity and liabilities | 10/49 | €917,724 | €1,344,766 | +€427,042 | +46.5% |
| Equity | 10/15 | €533,746 | €674,480 | +€140,734 | +26.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €513,341 | €654,075 | +€140,734 | +27.4% |
| Amounts payable | 17/49 | €383,979 | €670,286 | +€286,308 | +74.6% |
| Amounts payable after more than one year | 17 | €31,712 | €8,282 | -€23,430 | -73.9% |
| Financial debts | 170/4 | €31,712 | €8,282 | -€23,430 | -73.9% |
| Amounts payable within one year | 42/48 | €352,267 | €662,005 | +€309,738 | +87.9% |
| Current portion of amounts payable after more than one year | 42 | €14,207 | €23,430 | +€9,223 | +64.9% |
| Financial debts | 43 | €62,947 | €66,458 | +€3,511 | +5.6% |
| Credit institutions | 430/8 | €62,947 | €66,458 | +€3,511 | +5.6% |
| Trade debts | 44 | €140,701 | €310,657 | +€169,956 | +121% |
| Suppliers | 440/4 | €140,701 | €310,657 | +€169,956 | +121% |
| Taxes, remuneration and social security | 45 | €102,569 | €218,356 | +€115,787 | +113% |
| Taxes | 450/3 | €38,000 | €98,720 | +€60,720 | +160% |
| Remuneration and social security | 454/9 | €64,569 | €119,637 | +€55,067 | +85.3% |
| Other amounts payable | 47/48 | €31,843 | €43,104 | +€11,261 | +35.4% |
| Remuneration, social security and pensions | 62 | €591,315 | €751,067 | +€159,752 | +27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,423 | €54,618 | +€8,195 | +17.7% |
| Other operating charges | 640/8 | €1,256 | - | -€1,256 | |
| Gross operating margin | 9900 | €1,021,225 | €1,250,340 | +€229,115 | +22.4% |
| Operating profit (loss) | 9901 | €382,230 | €444,655 | +€62,424 | +16.3% |
| Financial charges | 65/66B | €8,999 | €8,921 | -€79 | -0.9% |
| Recurring financial charges | 65 | €8,999 | €8,921 | -€79 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €373,231 | €435,734 | +€62,503 | +16.7% |
| Income taxes | 67/77 | €93,000 | €55,000 | -€38,000 | -40.9% |
| Profit (loss) for the period | 9904 | €280,231 | €380,734 | +€100,503 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €280,231 | €380,734 | +€100,503 | +35.9% |
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 14 October 2026 via checked.be.