SLOGANS: what changed
SLOGANS
Largest movements
- Receivables within one year -€4,416
down €4,416 (-15.6%), from €28,371 to €23,955
of which Other amounts receivable: -€2,277
- Deferred charges and accrued income +€1,240
new in 2025: €1,240
- Tangible fixed assets -€603
down €603 (-10.5%), from €5,745 to €5,142
of which Furniture and vehicles: -€523
- Cash -€573
down €573 (-17.8%), from €3,225 to €2,652
mainly Debts after one year (-€5,871) and Net result for the year (-€5,075)
- Trade debts +€6,015
up €6,015 (+241%), from €2,497 to €8,512
- Debts after one year -€5,871
down €5,871 (-51.7%), from €11,346 to €5,475
- Profit (loss) carried forward -€5,075
down €5,075 (-36.7%), from -€13,813 to -€18,888
- Other debts +€4,364
up €4,364 (+383%), from €1,140 to €5,504
- Current portion of long-term debt -€4,323
down €4,323 (-43.4%), from €9,955 to €5,632
- Depreciation -€10,124
down €10,124 (-94.4%), from €10,727 to €603
- Taxes -€7,001
down €7,001 (-37.7%), from €18,592 to €11,591
- Gross operating margin -€2,538
down €2,538 (-22.5%), from €11,262 to €8,724
- Financial charges -€1,200
down €1,200 (-59.0%), from €2,033 to €833
- Other operating charges +€127
up €127 (+19.8%), from €645 to €772
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,431 | €33,079 | -€4,352 | -11.6% |
| Fixed assets | 21/28 | €5,835 | €5,232 | -€603 | -10.3% |
| Tangible fixed assets | 22/27 | €5,745 | €5,142 | -€603 | -10.5% |
| Land and buildings | 22 | €5,222 | €5,142 | -€80 | -1.5% |
| Furniture and vehicles | 24 | €523 | €0 | -€523 | -100% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €31,596 | €27,847 | -€3,749 | -11.9% |
| Amounts receivable within one year | 40/41 | €28,371 | €23,955 | -€4,416 | -15.6% |
| Trade receivables | 40 | €7,044 | €4,905 | -€2,139 | -30.4% |
| Other amounts receivable | 41 | €21,327 | €19,050 | -€2,277 | -10.7% |
| Cash at bank and in hand | 54/58 | €3,225 | €2,652 | -€573 | -17.8% |
| Deferred charges and accrued income | 490/1 | - | €1,240 | +€1,240 | |
| Total equity and liabilities | 10/49 | €37,431 | €33,079 | -€4,352 | -11.6% |
| Equity | 10/15 | €3,929 | -€1,146 | -€5,075 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,542 | €11,542 | -€0 | 0.0% |
| Distributable reserves | 133 | €11,542 | €11,542 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€13,813 | -€18,888 | -€5,075 | -36.7% |
| Amounts payable | 17/49 | €33,502 | €34,225 | +€723 | +2.2% |
| Amounts payable after more than one year | 17 | €11,346 | €5,475 | -€5,871 | -51.7% |
| Financial debts | 170/4 | €11,346 | €5,475 | -€5,871 | -51.7% |
| Amounts payable within one year | 42/48 | €22,156 | €28,750 | +€6,594 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €9,955 | €5,632 | -€4,323 | -43.4% |
| Trade debts | 44 | €2,497 | €8,512 | +€6,015 | +241% |
| Suppliers | 440/4 | €2,497 | €8,512 | +€6,015 | +241% |
| Advances received on contracts in progress | 46 | €5,000 | €5,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,564 | €4,102 | +€538 | +15.1% |
| Taxes | 450/3 | €3,564 | €4,102 | +€538 | +15.1% |
| Other amounts payable | 47/48 | €1,140 | €5,504 | +€4,364 | +383% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,727 | €603 | -€10,124 | -94.4% |
| Other operating charges | 640/8 | €645 | €772 | +€127 | +19.8% |
| Gross operating margin | 9900 | €11,262 | €8,724 | -€2,538 | -22.5% |
| Operating profit (loss) | 9901 | -€110 | €7,349 | +€7,459 | |
| Financial charges | 65/66B | €2,033 | €833 | -€1,200 | -59.0% |
| Recurring financial charges | 65 | €2,033 | €833 | -€1,200 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,143 | €6,516 | +€8,659 | |
| Income taxes | 67/77 | €18,592 | €11,591 | -€7,001 | -37.7% |
| Profit (loss) for the period | 9904 | -€20,734 | -€5,075 | +€15,659 | +75.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,734 | -€5,075 | +€15,659 | +75.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.