ROATATION: 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.
ROATATION
Largest movements
- Receivables within one year +€10,660
up €10,660 (+109%), from €9,736 to €20,396
of which Trade receivables: +€9,792
- Tangible fixed assets -€1,830
down €1,830 (-21.3%), from €8,584 to €6,755
of which Furniture and vehicles: -€1,283
- Cash -€974
down €974 (-1.5%), from €66,107 to €65,133
mainly Contributions, distributions and other (-€25,000) and Receivables within one year (-€10,660)
- Other debts +€14,100
up €14,100 (+447%), from €3,156 to €17,255
- Reserves -€4,710
down €4,710 (-8.4%), from €56,280 to €51,570
of which Distributable reserves: -€4,710
- Accrued charges and deferred income -€1,646
down €1,646 (-61.3%), from €2,686 to €1,040
- Gross operating margin +€9,005
up €9,005 (+42.2%), from €21,352 to €30,357
- Taxes +€1,943
up €1,943 (+41.7%), from €4,663 to €6,605
- Depreciation +€1,088
up €1,088 (+101%), from €1,072 to €2,159
- Other operating charges -€859
down €859 (-37.5%), from €2,289 to €1,431
- Financial charges -€427
down €427 (-77.1%), from €554 to €127
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 | €85,995 | €93,946 | +€7,951 | +9.2% |
| Fixed assets | 21/28 | €8,584 | €6,755 | -€1,830 | -21.3% |
| Tangible fixed assets | 22/27 | €8,584 | €6,755 | -€1,830 | -21.3% |
| Plant, machinery and equipment | 23 | €1,044 | €912 | -€133 | -12.7% |
| Furniture and vehicles | 24 | €4,119 | €2,837 | -€1,283 | -31.1% |
| Other tangible fixed assets | 26 | €3,420 | €3,006 | -€415 | -12.1% |
| Current assets | 29/58 | €77,411 | €87,191 | +€9,781 | +12.6% |
| Amounts receivable within one year | 40/41 | €9,736 | €20,396 | +€10,660 | +109% |
| Trade receivables | 40 | €9,203 | €18,995 | +€9,792 | +106% |
| Other amounts receivable | 41 | €533 | €1,401 | +€868 | +163% |
| Cash at bank and in hand | 54/58 | €66,107 | €65,133 | -€974 | -1.5% |
| Deferred charges and accrued income | 490/1 | €1,568 | €1,662 | +€94 | +6.0% |
| Total equity and liabilities | 10/49 | €85,995 | €93,946 | +€7,951 | +9.2% |
| Equity | 10/15 | €74,880 | €70,170 | -€4,710 | -6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,280 | €51,570 | -€4,710 | -8.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €56,280 | €51,570 | -€4,710 | -8.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,115 | €23,776 | +€12,661 | +114% |
| Amounts payable within one year | 42/48 | €8,429 | €22,736 | +€14,307 | +170% |
| Trade debts | 44 | €2,331 | €2,339 | +€8 | +0.4% |
| Suppliers | 440/4 | €2,331 | €2,339 | +€8 | +0.4% |
| Taxes, remuneration and social security | 45 | €2,943 | €3,141 | +€199 | +6.8% |
| Taxes | 450/3 | €330 | €529 | +€199 | +60.2% |
| Remuneration and social security | 454/9 | €2,612 | €2,612 | = | 0.0% |
| Other amounts payable | 47/48 | €3,156 | €17,255 | +€14,100 | +447% |
| Accrued charges and deferred income | 492/3 | €2,686 | €1,040 | -€1,646 | -61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,072 | €2,159 | +€1,088 | +101% |
| Other operating charges | 640/8 | €2,289 | €1,431 | -€859 | -37.5% |
| Gross operating margin | 9900 | €21,352 | €30,357 | +€9,005 | +42.2% |
| Operating profit (loss) | 9901 | €17,991 | €26,768 | +€8,777 | +48.8% |
| Financial income | 75/76B | - | €255 | +€255 | |
| Recurring financial income | 75 | - | €255 | +€255 | |
| Financial charges | 65/66B | €554 | €127 | -€427 | -77.1% |
| Recurring financial charges | 65 | €554 | €127 | -€427 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | €17,437 | €26,895 | +€9,459 | +54.2% |
| Income taxes | 67/77 | €4,663 | €6,605 | +€1,943 | +41.7% |
| Profit (loss) for the period | 9904 | €12,774 | €20,290 | +€7,516 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,774 | €20,290 | +€7,516 | +58.8% |
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 13 October 2026 via checked.be.