SEE SOLUTIONS: 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.
SEE SOLUTIONS
Largest movements
- Receivables within one year +€26,620
up €26,620 (+235.1%), from €11,322 to €37,943
- Cash -€13,068
down €13,068 (-88.9%), from €14,707 to €1,638
mainly Receivables within one year (-€26,620) and Investment in fixed assets (net) (-€1,760)
- Tangible fixed assets +€967
up €967 (+96.2%), from €1,005 to €1,971
of which Other tangible fixed assets: +€1,430
- Deferred charges and accrued income -€513
no longer reported in 2025 (was €513)
- Reserves +€11,536
up €11,536 (+99.7%), from €11,575 to €23,111
- Tax, wage and social debts +€2,009
up €2,009 (+17.3%), from €11,589 to €13,598
of which Taxes: +€1,997
- Trade debts +€1,553
up €1,553 (+534.4%), from €291 to €1,843
- Other debts -€1,293
no longer reported in 2025 (was €1,293)
- Depreciation -€1,599
down €1,599 (-61.7%), from €2,593 to €994
- Taxes +€1,312
up €1,312 (+28.0%), from €4,690 to €6,002
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 | €27,747 | €41,552 | +€13,805 | +49.8% |
| Formation expenses | 20 | €201 | - | -€201 | |
| Fixed assets | 21/28 | €1,005 | €1,971 | +€967 | +96.2% |
| Tangible fixed assets | 22/27 | €1,005 | €1,971 | +€967 | +96.2% |
| Furniture and vehicles | 24 | €1,005 | €541 | -€464 | -46.2% |
| Other tangible fixed assets | 26 | - | €1,430 | +€1,430 | |
| Current assets | 29/58 | €26,542 | €39,581 | +€13,039 | +49.1% |
| Amounts receivable within one year | 40/41 | €11,322 | €37,943 | +€26,620 | +235.1% |
| Trade receivables | 40 | €11,322 | €37,943 | +€26,620 | +235.1% |
| Cash at bank and in hand | 54/58 | €14,707 | €1,638 | -€13,068 | -88.9% |
| Deferred charges and accrued income | 490/1 | €513 | - | -€513 | |
| Total equity and liabilities | 10/49 | €27,747 | €41,552 | +€13,805 | +49.8% |
| Equity | 10/15 | €14,575 | €26,111 | +€11,536 | +79.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,575 | €23,111 | +€11,536 | +99.7% |
| Distributable reserves | 133 | €11,575 | €23,111 | +€11,536 | +99.7% |
| Amounts payable | 17/49 | €13,173 | €15,441 | +€2,268 | +17.2% |
| Amounts payable within one year | 42/48 | €13,173 | €15,441 | +€2,268 | +17.2% |
| Trade debts | 44 | €291 | €1,843 | +€1,553 | +534.4% |
| Suppliers | 440/4 | €291 | €1,843 | +€1,553 | +534.4% |
| Taxes, remuneration and social security | 45 | €11,589 | €13,598 | +€2,009 | +17.3% |
| Taxes | 450/3 | €10,025 | €12,022 | +€1,997 | +19.9% |
| Remuneration and social security | 454/9 | €1,564 | €1,575 | +€11 | +0.7% |
| Other amounts payable | 47/48 | €1,293 | - | -€1,293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,593 | €994 | -€1,599 | -61.7% |
| Gross operating margin | 9900 | €18,855 | €18,669 | -€186 | -1.0% |
| Operating profit (loss) | 9901 | €16,262 | €17,675 | +€1,413 | +8.7% |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.8% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.8% |
| Financial charges | 65/66B | €8 | €137 | +€129 | +1693.2% |
| Recurring financial charges | 65 | €8 | €137 | +€129 | +1693.2% |
| Profit (loss) for the period before taxes | 9903 | €16,265 | €17,538 | +€1,273 | +7.8% |
| Income taxes | 67/77 | €4,690 | €6,002 | +€1,312 | +28.0% |
| Profit (loss) for the period | 9904 | €11,575 | €11,536 | -€38 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,575 | €11,536 | -€38 | -0.3% |
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 12 October 2026 via checked.be.