S-CORNER: 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.
S-CORNER
Largest movements
- Tangible fixed assets -€36,492
down €36,492 (-8.5%), from €431,824 to €395,331
- Profit (loss) carried forward -€25,917
down €25,917 (-19.6%), from -€132,145 to -€158,062
- Debts after one year -€17,117
down €17,117 (-4.2%), from €406,860 to €389,742
- Gross operating margin +€1,847
up €1,847 (+4.7%), from €39,192 to €41,039
- Financial charges -€980
down €980 (-3.6%), from €27,449 to €26,468
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 | €559,456 | €522,028 | -€37,428 | -6.7% |
| Fixed assets | 21/28 | €431,824 | €395,331 | -€36,492 | -8.5% |
| Tangible fixed assets | 22/27 | €431,824 | €395,331 | -€36,492 | -8.5% |
| Land and buildings | 22 | €431,824 | €395,331 | -€36,492 | -8.5% |
| Current assets | 29/58 | €127,632 | €126,697 | -€935 | -0.7% |
| Amounts receivable within one year | 40/41 | €125,706 | €124,656 | -€1,050 | -0.8% |
| Other amounts receivable | 41 | €125,706 | €124,656 | -€1,050 | -0.8% |
| Cash at bank and in hand | 54/58 | €152 | €272 | +€120 | +78.9% |
| Deferred charges and accrued income | 490/1 | €1,774 | €1,769 | -€5 | -0.3% |
| Total equity and liabilities | 10/49 | €559,456 | €522,028 | -€37,428 | -6.7% |
| Equity | 10/15 | -€125,945 | -€151,862 | -€25,917 | -20.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,145 | -€158,062 | -€25,917 | -19.6% |
| Amounts payable | 17/49 | €685,401 | €673,891 | -€11,510 | -1.7% |
| Amounts payable after more than one year | 17 | €406,860 | €389,742 | -€17,117 | -4.2% |
| Financial debts | 170/4 | €406,860 | €389,742 | -€17,117 | -4.2% |
| Amounts payable within one year | 42/48 | €278,347 | €283,888 | +€5,541 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €16,073 | €17,117 | +€1,045 | +6.5% |
| Trade debts | 44 | €6,022 | €8,211 | +€2,189 | +36.4% |
| Suppliers | 440/4 | €6,022 | €8,211 | +€2,189 | +36.4% |
| Other amounts payable | 47/48 | €256,253 | €258,560 | +€2,307 | +0.9% |
| Accrued charges and deferred income | 492/3 | €194 | €260 | +€66 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,492 | €36,492 | = | 0.0% |
| Other operating charges | 640/8 | €3,862 | €3,996 | +€134 | +3.5% |
| Gross operating margin | 9900 | €39,192 | €41,039 | +€1,847 | +4.7% |
| Operating profit (loss) | 9901 | -€1,163 | €551 | +€1,714 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €27,449 | €26,468 | -€980 | -3.6% |
| Recurring financial charges | 65 | €27,449 | €26,468 | -€980 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,612 | -€25,917 | +€2,694 | +9.4% |
| Profit (loss) for the period | 9904 | -€28,612 | -€25,917 | +€2,694 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,612 | -€25,917 | +€2,694 | +9.4% |
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 28 September 2026 via checked.be.