ResiResearch: 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.
ResiResearch
Largest movements
- Cash -€47,917
down €47,917 (-84.5%), from €56,727 to €8,810
mainly Receivables within one year (-€32,211) and Accrued charges and deferred income (-€25,000)
- Receivables within one year +€32,211
up €32,211 (+29.7%), from €108,426 to €140,638
of which Other amounts receivable: +€50,512
- Deferred charges and accrued income +€3,381
new in 2025: €3,381
- Tangible fixed assets -€2,986
down €2,986 (-18.8%), from €15,848 to €12,862
- Accrued charges and deferred income -€25,000
no longer reported in 2025 (was €25,000)
- Profit (loss) carried forward +€14,985
up €14,985 (+13.6%), from €110,196 to €125,180
- Trade debts -€11,499
down €11,499 (-44.0%), from €26,124 to €14,625
- Tax, wage and social debts +€9,415
up €9,415, from €0 to €9,415
- Debts after one year -€3,536
down €3,536 (-30.4%), from €11,650 to €8,113
- Turnover -€150,583
no longer reported in 2025 (was €150,583)
- Purchases and services -€75,676
no longer reported in 2025 (was €75,676)
- Gross operating margin -€27,339
down €27,339 (-35.8%), from €76,446 to €49,108
- Taxes +€15,159
up €15,159 (+120%), from €12,632 to €27,792
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 | €181,001 | €165,690 | -€15,311 | -8.5% |
| Fixed assets | 21/28 | €15,848 | €12,862 | -€2,986 | -18.8% |
| Tangible fixed assets | 22/27 | €15,848 | €12,862 | -€2,986 | -18.8% |
| Furniture and vehicles | 24 | €15,848 | €12,862 | -€2,986 | -18.8% |
| Current assets | 29/58 | €165,153 | €152,828 | -€12,325 | -7.5% |
| Amounts receivable within one year | 40/41 | €108,426 | €140,638 | +€32,211 | +29.7% |
| Trade receivables | 40 | €98,513 | €80,212 | -€18,301 | -18.6% |
| Other amounts receivable | 41 | €9,913 | €60,426 | +€50,512 | +510% |
| Cash at bank and in hand | 54/58 | €56,727 | €8,810 | -€47,917 | -84.5% |
| Deferred charges and accrued income | 490/1 | - | €3,381 | +€3,381 | |
| Total equity and liabilities | 10/49 | €181,001 | €165,690 | -€15,311 | -8.5% |
| Equity | 10/15 | €115,196 | €130,180 | +€14,985 | +13.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,196 | €125,180 | +€14,985 | +13.6% |
| Amounts payable | 17/49 | €65,805 | €35,510 | -€30,295 | -46.0% |
| Amounts payable after more than one year | 17 | €11,650 | €8,113 | -€3,536 | -30.4% |
| Financial debts | 170/4 | €11,650 | €8,113 | -€3,536 | -30.4% |
| Amounts payable within one year | 42/48 | €29,156 | €27,397 | -€1,759 | -6.0% |
| Financial debts | 43 | €3,032 | €3,356 | +€324 | +10.7% |
| Credit institutions | 430/8 | €3,032 | €3,356 | +€324 | +10.7% |
| Trade debts | 44 | €26,124 | €14,625 | -€11,499 | -44.0% |
| Suppliers | 440/4 | €26,124 | €14,625 | -€11,499 | -44.0% |
| Taxes, remuneration and social security | 45 | €0 | €9,415 | +€9,415 | |
| Taxes | 450/3 | €0 | €9,415 | +€9,415 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €25,000 | - | -€25,000 | |
| Turnover | 70 | €150,583 | - | -€150,583 | |
| Goods, raw materials, services and sundry goods | 60/61 | €75,676 | - | -€75,676 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,851 | €4,288 | +€1,437 | +50.4% |
| Other operating charges | 640/8 | €623 | €1,253 | +€631 | +101% |
| Gross operating margin | 9900 | €76,446 | €49,108 | -€27,339 | -35.8% |
| Operating profit (loss) | 9901 | €72,973 | €43,567 | -€29,406 | -40.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €676 | €791 | +€115 | +17.0% |
| Recurring financial charges | 65 | €676 | €791 | +€115 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €72,298 | €42,776 | -€29,522 | -40.8% |
| Income taxes | 67/77 | €12,632 | €27,792 | +€15,159 | +120% |
| Profit (loss) for the period | 9904 | €59,666 | €14,985 | -€44,681 | -74.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,666 | €14,985 | -€44,681 | -74.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.