SEPTANTESEPT: 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.
SEPTANTESEPT
Largest movements
- Receivables within one year -€6,351
down €6,351 (-64.8%), from €9,795 to €3,445
of which Trade receivables: -€6,351
- Cash +€5,813
up €5,813 (+240%), from €2,427 to €8,239
mainly Net result for the year (+€6,375) and Receivables within one year (+€6,351)
- Tangible fixed assets -€5,173
down €5,173 (-53.2%), from €9,719 to €4,546
of which Furniture and vehicles: -€3,853
- Other debts -€12,496
down €12,496 (-72.3%), from €17,292 to €4,796
- Profit (loss) carried forward +€6,375
up €6,375 (+14.8%), from -€43,037 to -€36,662
- Tax, wage and social debts +€865
up €865 (+35.1%), from €2,463 to €3,328
- Trade debts -€365
down €365 (-10.0%), from €3,651 to €3,287
- Gross operating margin +€27,256
up €27,256, from -€14,201 to €13,055
- Depreciation -€4,033
down €4,033 (-68.5%), from €5,889 to €1,856
- Financial charges +€404
up €404 (+190%), from €213 to €617
- Other operating charges -€224
down €224 (-16.7%), from €1,340 to €1,116
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 | €31,464 | €25,843 | -€5,621 | -17.9% |
| Fixed assets | 21/28 | €9,919 | €4,746 | -€5,173 | -52.1% |
| Tangible fixed assets | 22/27 | €9,719 | €4,546 | -€5,173 | -53.2% |
| Land and buildings | 22 | €5,606 | €4,286 | -€1,320 | -23.5% |
| Furniture and vehicles | 24 | €4,113 | €261 | -€3,853 | -93.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €21,545 | €21,097 | -€449 | -2.1% |
| Stocks and contracts in progress | 3 | €7,066 | €7,066 | = | 0.0% |
| Stocks | 30/36 | €7,066 | €7,066 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,795 | €3,445 | -€6,351 | -64.8% |
| Trade receivables | 40 | €9,689 | €3,338 | -€6,351 | -65.5% |
| Other amounts receivable | 41 | €106 | €106 | +€0 | +0.4% |
| Cash at bank and in hand | 54/58 | €2,427 | €8,239 | +€5,813 | +240% |
| Deferred charges and accrued income | 490/1 | €2,257 | €2,347 | +€89 | +4.0% |
| Total equity and liabilities | 10/49 | €31,464 | €25,843 | -€5,621 | -17.9% |
| Equity | 10/15 | €8,058 | €14,432 | +€6,375 | +79.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,894 | €44,894 | = | 0.0% |
| Distributable reserves | 133 | €44,894 | €44,894 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,037 | -€36,662 | +€6,375 | +14.8% |
| Amounts payable | 17/49 | €23,407 | €11,411 | -€11,996 | -51.2% |
| Amounts payable within one year | 42/48 | €23,407 | €11,411 | -€11,996 | -51.2% |
| Trade debts | 44 | €3,651 | €3,287 | -€365 | -10.0% |
| Suppliers | 440/4 | €3,651 | €3,287 | -€365 | -10.0% |
| Taxes, remuneration and social security | 45 | €2,463 | €3,328 | +€865 | +35.1% |
| Taxes | 450/3 | €2,463 | €3,328 | +€865 | +35.1% |
| Other amounts payable | 47/48 | €17,292 | €4,796 | -€12,496 | -72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,889 | €1,856 | -€4,033 | -68.5% |
| Other operating charges | 640/8 | €1,340 | €1,116 | -€224 | -16.7% |
| Non-recurring operating charges | 66A | - | €2,904 | +€2,904 | |
| Gross operating margin | 9900 | -€14,201 | €13,055 | +€27,256 | |
| Operating profit (loss) | 9901 | -€21,430 | €7,180 | +€28,609 | |
| Financial income | 75/76B | €1 | €6 | +€5 | +549% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +549% |
| Financial charges | 65/66B | €213 | €617 | +€404 | +190% |
| Recurring financial charges | 65 | €213 | €617 | +€404 | +190% |
| Profit (loss) for the period before taxes | 9903 | -€21,642 | €6,569 | +€28,210 | |
| Income taxes | 67/77 | €144 | €194 | +€50 | +34.4% |
| Profit (loss) for the period | 9904 | -€21,786 | €6,375 | +€28,161 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,786 | €6,375 | +€28,161 |
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 16 October 2026 via checked.be.