SCRIPT: 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.
SCRIPT
Largest movements
- Cash -€17,520
down €17,520 (-96.9%), from €18,090 to €570
mainly Contributions, distributions and other (-€12,300) and Trade debts (-€11,772)
- Receivables within one year +€11,487
up €11,487 (+17.8%), from €64,668 to €76,155
of which Trade receivables: +€10,958
- Receivables after one year -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Tangible fixed assets +€5,337
up €5,337 (+144.1%), from €3,703 to €9,040
of which Plant, machinery and equipment: +€2,945
- Financial fixed assets +€3,000
new in 2025: €3,000
- Other debts +€15,791
up €15,791 (+249.8%), from €6,322 to €22,113
- Trade debts -€11,772
down €11,772 (-46.7%), from €25,227 to €13,455
- Tax, wage and social debts -€6,845
down €6,845 (-97.6%), from €7,017 to €171
- Reserves -€2,654
down €2,654 (-5.1%), from €51,684 to €49,030
- Gross operating margin -€30,101
down €30,101 (-65.1%), from €46,214 to €16,113
- Taxes -€10,439
down €10,439 (-71.4%), from €14,610 to €4,171
- Depreciation +€1,255
up €1,255 (+1097.1%), from €114 to €1,370
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 | €96,461 | €90,980 | -€5,480 | -5.7% |
| Fixed assets | 21/28 | €3,703 | €12,040 | +€8,337 | +225.1% |
| Tangible fixed assets | 22/27 | €3,703 | €9,040 | +€5,337 | +144.1% |
| Plant, machinery and equipment | 23 | - | €2,945 | +€2,945 | |
| Furniture and vehicles | 24 | €3,703 | €6,095 | +€2,392 | +64.6% |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €92,758 | €78,941 | -€13,817 | -14.9% |
| Amounts receivable after more than one year | 29 | €10,000 | €0 | -€10,000 | -100.0% |
| Other amounts receivable | 291 | €10,000 | €0 | -€10,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €64,668 | €76,155 | +€11,487 | +17.8% |
| Trade receivables | 40 | €64,649 | €75,608 | +€10,958 | +16.9% |
| Other amounts receivable | 41 | €18 | €547 | +€529 | +2930.9% |
| Cash at bank and in hand | 54/58 | €18,090 | €570 | -€17,520 | -96.9% |
| Deferred charges and accrued income | 490/1 | - | €2,217 | +€2,217 | |
| Total equity and liabilities | 10/49 | €96,461 | €90,980 | -€5,480 | -5.7% |
| Equity | 10/15 | €57,884 | €55,230 | -€2,654 | -4.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,684 | €49,030 | -€2,654 | -5.1% |
| Distributable reserves | 133 | €51,684 | €49,030 | -€2,654 | -5.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €38,577 | €35,751 | -€2,826 | -7.3% |
| Amounts payable within one year | 42/48 | €38,577 | €35,751 | -€2,826 | -7.3% |
| Financial debts | 43 | €11 | €12 | +€1 | +9.1% |
| Credit institutions | 430/8 | €11 | €12 | +€1 | +9.1% |
| Trade debts | 44 | €25,227 | €13,455 | -€11,772 | -46.7% |
| Suppliers | 440/4 | €25,227 | €13,455 | -€11,772 | -46.7% |
| Taxes, remuneration and social security | 45 | €7,017 | €171 | -€6,845 | -97.6% |
| Taxes | 450/3 | €7,017 | €171 | -€6,845 | -97.6% |
| Other amounts payable | 47/48 | €6,322 | €22,113 | +€15,791 | +249.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114 | €1,370 | +€1,255 | +1097.1% |
| Other operating charges | 640/8 | €557 | €589 | +€32 | +5.7% |
| Gross operating margin | 9900 | €46,214 | €16,113 | -€30,101 | -65.1% |
| Operating profit (loss) | 9901 | €45,543 | €14,155 | -€31,389 | -68.9% |
| Financial charges | 65/66B | €494 | €337 | -€156 | -31.7% |
| Recurring financial charges | 65 | €494 | €337 | -€156 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €45,049 | €13,817 | -€31,232 | -69.3% |
| Income taxes | 67/77 | €14,610 | €4,171 | -€10,439 | -71.4% |
| Profit (loss) for the period | 9904 | €30,439 | €9,646 | -€20,793 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,439 | €9,646 | -€20,793 | -68.3% |
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 5 October 2026 via checked.be.