SORTED: 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.
SORTED
Largest movements
- Receivables within one year -€10,637
down €10,637 (-43.4%), from €24,522 to €13,885
of which Trade receivables: -€10,754
- Cash +€7,786
up €7,786 (+21.8%), from €35,681 to €43,468
mainly Net result for the year (+€32,693) and Receivables within one year (+€10,637)
- Tangible fixed assets -€5,194
down €5,194 (-3.9%), from €134,305 to €129,111
of which Land and buildings: -€5,793
- Deferred charges and accrued income +€2,356
up €2,356 (+29.3%), from €8,050 to €10,406
- Trade debts -€13,315
down €13,315 (-95.9%), from €13,879 to €563
- Other debts +€6,995
up €6,995 (+11.5%), from €60,820 to €67,815
- Tax, wage and social debts +€4,514
up €4,514 (+54.4%), from €8,296 to €12,811
- Debts after one year -€3,707
down €3,707 (-4.0%), from €93,551 to €89,844
- Gross operating margin +€13,453
up €13,453 (+30.3%), from €44,434 to €57,887
- Taxes +€5,139
up €5,139 (+78.8%), from €6,522 to €11,661
- Depreciation +€3,049
up €3,049 (+48.2%), from €6,324 to €9,373
- Other operating charges -€1,912
down €1,912 (-84.3%), from €2,268 to €357
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 | €202,558 | €196,870 | -€5,688 | -2.8% |
| Fixed assets | 21/28 | €134,305 | €129,111 | -€5,194 | -3.9% |
| Tangible fixed assets | 22/27 | €134,305 | €129,111 | -€5,194 | -3.9% |
| Land and buildings | 22 | €110,886 | €105,093 | -€5,793 | -5.2% |
| Furniture and vehicles | 24 | €1,730 | €2,896 | +€1,166 | +67.4% |
| Other tangible fixed assets | 26 | €21,688 | €21,121 | -€567 | -2.6% |
| Current assets | 29/58 | €68,253 | €67,759 | -€494 | -0.7% |
| Amounts receivable within one year | 40/41 | €24,522 | €13,885 | -€10,637 | -43.4% |
| Trade receivables | 40 | €24,522 | €13,768 | -€10,754 | -43.9% |
| Other amounts receivable | 41 | - | €118 | +€118 | |
| Cash at bank and in hand | 54/58 | €35,681 | €43,468 | +€7,786 | +21.8% |
| Deferred charges and accrued income | 490/1 | €8,050 | €10,406 | +€2,356 | +29.3% |
| Total equity and liabilities | 10/49 | €202,558 | €196,870 | -€5,688 | -2.8% |
| Equity | 10/15 | €21,437 | €21,130 | -€307 | -1.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €977 | €670 | -€307 | -31.4% |
| Amounts payable | 17/49 | €181,121 | €175,740 | -€5,381 | -3.0% |
| Amounts payable after more than one year | 17 | €93,551 | €89,844 | -€3,707 | -4.0% |
| Financial debts | 170/4 | €93,551 | €89,844 | -€3,707 | -4.0% |
| Amounts payable within one year | 42/48 | €86,570 | €84,896 | -€1,674 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €3,575 | €3,707 | +€132 | +3.7% |
| Trade debts | 44 | €13,879 | €563 | -€13,315 | -95.9% |
| Suppliers | 440/4 | €13,879 | €563 | -€13,315 | -95.9% |
| Taxes, remuneration and social security | 45 | €8,296 | €12,811 | +€4,514 | +54.4% |
| Taxes | 450/3 | €8,296 | €12,811 | +€4,514 | +54.4% |
| Other amounts payable | 47/48 | €60,820 | €67,815 | +€6,995 | +11.5% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,324 | €9,373 | +€3,049 | +48.2% |
| Other operating charges | 640/8 | €2,268 | €357 | -€1,912 | -84.3% |
| Gross operating margin | 9900 | €44,434 | €57,887 | +€13,453 | +30.3% |
| Operating profit (loss) | 9901 | €35,841 | €48,157 | +€12,316 | +34.4% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €3,631 | €3,804 | +€173 | +4.8% |
| Recurring financial charges | 65 | €3,631 | €3,804 | +€173 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €32,211 | €44,353 | +€12,143 | +37.7% |
| Income taxes | 67/77 | €6,522 | €11,661 | +€5,139 | +78.8% |
| Profit (loss) for the period | 9904 | €25,689 | €32,693 | +€7,004 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,689 | €32,693 | +€7,004 | +27.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.