SHORTCUT - IT: 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.
SHORTCUT - IT
Largest movements
- Receivables within one year +€7,374
up €7,374 (+38.8%), from €19,020 to €26,394
of which Other amounts receivable: +€5,048
- Cash -€4,941
down €4,941 (-41.2%), from €12,004 to €7,064
mainly Receivables within one year (-€7,374) and Net result for the year (-€6,033)
- Tangible fixed assets -€942
down €942 (-19.1%), from €4,941 to €3,999
of which Other tangible fixed assets: -€529
- Profit (loss) carried forward -€6,033
down €6,033 (-13.8%), from -€43,617 to -€49,650
- Trade debts +€5,249
up €5,249, from €0 to €5,249
- Accrued charges and deferred income +€2,251
new in 2025: €2,251
- Gross operating margin -€4,169
down €4,169 (-371.1%), from -€1,123 to -€5,292
- Financial income +€452
up €452 (+61.7%), from €733 to €1,185
- Financial charges +€246
up €246 (+208.9%), from €118 to €363
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 | €35,965 | €37,457 | +€1,492 | +4.1% |
| Fixed assets | 21/28 | €4,941 | €3,999 | -€942 | -19.1% |
| Tangible fixed assets | 22/27 | €4,941 | €3,999 | -€942 | -19.1% |
| Furniture and vehicles | 24 | €510 | €97 | -€413 | -81.0% |
| Other tangible fixed assets | 26 | €4,432 | €3,903 | -€529 | -11.9% |
| Current assets | 29/58 | €31,024 | €33,458 | +€2,434 | +7.8% |
| Amounts receivable within one year | 40/41 | €19,020 | €26,394 | +€7,374 | +38.8% |
| Trade receivables | 40 | €1,025 | €3,352 | +€2,327 | +227.0% |
| Other amounts receivable | 41 | €17,995 | €23,042 | +€5,048 | +28.1% |
| Cash at bank and in hand | 54/58 | €12,004 | €7,064 | -€4,941 | -41.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €35,965 | €37,457 | +€1,492 | +4.1% |
| Equity | 10/15 | €35,501 | €29,469 | -€6,033 | -17.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €72,918 | €72,918 | = | 0.0% |
| Distributable reserves | 133 | €72,918 | €72,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,617 | -€49,650 | -€6,033 | -13.8% |
| Amounts payable | 17/49 | €464 | €7,988 | +€7,524 | +1622.2% |
| Amounts payable within one year | 42/48 | €464 | €5,737 | +€5,273 | +1136.8% |
| Trade debts | 44 | €0 | €5,249 | +€5,249 | |
| Suppliers | 440/4 | €0 | €5,249 | +€5,249 | |
| Taxes, remuneration and social security | 45 | €464 | €488 | +€25 | +5.3% |
| Taxes | 450/3 | €464 | €488 | +€25 | +5.3% |
| Accrued charges and deferred income | 492/3 | - | €2,251 | +€2,251 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €942 | €942 | = | 0.0% |
| Other operating charges | 640/8 | €103 | €132 | +€29 | +28.2% |
| Gross operating margin | 9900 | -€1,123 | -€5,292 | -€4,169 | -371.1% |
| Operating profit (loss) | 9901 | -€2,168 | -€6,366 | -€4,198 | -193.6% |
| Financial income | 75/76B | €733 | €1,185 | +€452 | +61.7% |
| Recurring financial income | 75 | €733 | €1,185 | +€452 | +61.7% |
| Financial charges | 65/66B | €118 | €363 | +€246 | +208.9% |
| Recurring financial charges | 65 | €118 | €363 | +€246 | +208.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,553 | -€5,544 | -€3,992 | -257.1% |
| Income taxes | 67/77 | €464 | €488 | +€25 | +5.3% |
| Profit (loss) for the period | 9904 | -€2,016 | -€6,033 | -€4,016 | -199.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,016 | -€6,033 | -€4,016 | -199.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.