SOFIE BYTTEBIER: 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.
SOFIE BYTTEBIER
Largest movements
- Receivables within one year +€29,711
up €29,711 (+227.7%), from €13,048 to €42,760
of which Trade receivables: +€21,617
- Cash -€14,649
down €14,649 (-30.2%), from €48,458 to €33,809
mainly Contributions, distributions and other (-€50,000) and Receivables within one year (-€29,711)
- Other debts +€48,324
up €48,324 (+578.9%), from €8,348 to €56,671
- Reserves -€45,133
down €45,133 (-23.8%), from €189,933 to €144,800
- Trade debts +€17,402
up €17,402 (+287.6%), from €6,050 to €23,452
- Tax, wage and social debts -€6,717
down €6,717 (-96.7%), from €6,949 to €232
- Gross operating margin -€20,025
down €20,025 (-40.4%), from €49,560 to €29,535
- Taxes -€9,985
down €9,985 (-80.8%), from €12,363 to €2,378
- Depreciation +€9,375
up €9,375 (+72.9%), from €12,862 to €22,237
- Financial income -€615
down €615 (-28.1%), from €2,186 to €1,571
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €330,765 | €344,641 | +€13,876 | +4.2% |
| Fixed assets | 21/28 | €218,160 | €216,948 | -€1,212 | -0.6% |
| Tangible fixed assets | 22/27 | €218,160 | €216,948 | -€1,212 | -0.6% |
| Land and buildings | 22 | €158,335 | €151,328 | -€7,007 | -4.4% |
| Furniture and vehicles | 24 | €57,343 | €44,230 | -€13,113 | -22.9% |
| Other tangible fixed assets | 26 | €2,482 | €21,390 | +€18,908 | +761.7% |
| Current assets | 29/58 | €112,605 | €127,692 | +€15,087 | +13.4% |
| Amounts receivable within one year | 40/41 | €13,048 | €42,760 | +€29,711 | +227.7% |
| Trade receivables | 40 | €13,048 | €34,666 | +€21,617 | +165.7% |
| Other amounts receivable | 41 | - | €8,094 | +€8,094 | |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,458 | €33,809 | -€14,649 | -30.2% |
| Deferred charges and accrued income | 490/1 | €1,098 | €1,124 | +€25 | +2.3% |
| Total equity and liabilities | 10/49 | €330,765 | €344,641 | +€13,876 | +4.2% |
| Equity | 10/15 | €309,203 | €264,070 | -€45,133 | -14.6% |
| Contributions | 10/11 | €119,271 | €119,271 | = | 0.0% |
| Reserves | 13 | €189,933 | €144,800 | -€45,133 | -23.8% |
| Distributable reserves | 133 | €189,933 | €144,800 | -€45,133 | -23.8% |
| Amounts payable | 17/49 | €21,562 | €80,570 | +€59,008 | +273.7% |
| Amounts payable within one year | 42/48 | €21,347 | €80,355 | +€59,008 | +276.4% |
| Trade debts | 44 | €6,050 | €23,452 | +€17,402 | +287.6% |
| Suppliers | 440/4 | €6,050 | €23,452 | +€17,402 | +287.6% |
| Taxes, remuneration and social security | 45 | €6,949 | €232 | -€6,717 | -96.7% |
| Taxes | 450/3 | €6,949 | €232 | -€6,717 | -96.7% |
| Other amounts payable | 47/48 | €8,348 | €56,671 | +€48,324 | +578.9% |
| Accrued charges and deferred income | 492/3 | €215 | €215 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,862 | €22,237 | +€9,375 | +72.9% |
| Other operating charges | 640/8 | €1,842 | €1,380 | -€462 | -25.1% |
| Gross operating margin | 9900 | €49,560 | €29,535 | -€20,025 | -40.4% |
| Operating profit (loss) | 9901 | €34,857 | €5,918 | -€28,939 | -83.0% |
| Financial income | 75/76B | €2,186 | €1,571 | -€615 | -28.1% |
| Recurring financial income | 75 | €2,186 | €1,571 | -€615 | -28.1% |
| Financial charges | 65/66B | €52 | €244 | +€192 | +366.3% |
| Recurring financial charges | 65 | €52 | €244 | +€192 | +366.3% |
| Profit (loss) for the period before taxes | 9903 | €36,990 | €7,245 | -€29,745 | -80.4% |
| Income taxes | 67/77 | €12,363 | €2,378 | -€9,985 | -80.8% |
| Profit (loss) for the period | 9904 | €24,627 | €4,867 | -€19,760 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,627 | €4,867 | -€19,760 | -80.2% |
Source: filed annual accounts (NBB), fiscal years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.