SOUND BITES: 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.
SOUND BITES
Largest movements
- Receivables within one year +€10,487
up €10,487 (+42.2%), from €24,821 to €35,308
of which Trade receivables: +€19,284
- Tangible fixed assets -€5,193
down €5,193 (-10.1%), from €51,415 to €46,222
of which Furniture and vehicles: -€5,776
- Other debts -€21,893
down €21,893 (-100.0%), from €21,893 to €0
- Reserves +€20,798
up €20,798 (+17.4%), from €119,761 to €140,559
of which Distributable reserves: +€20,798
- Trade debts +€7,892
up €7,892 (+594.9%), from €1,327 to €9,219
- Gross operating margin +€45,273
up €45,273 (+1761.8%), from €2,570 to €47,843
- Taxes +€8,308
up €8,308 (+2503.2%), from €332 to €8,640
- Depreciation +€4,771
up €4,771 (+35.9%), from €13,295 to €18,066
- Financial income +€790
up €790 (+152.7%), from €517 to €1,307
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 | €155,603 | €162,186 | +€6,583 | +4.2% |
| Fixed assets | 21/28 | €52,975 | €47,782 | -€5,193 | -9.8% |
| Tangible fixed assets | 22/27 | €51,415 | €46,222 | -€5,193 | -10.1% |
| Plant, machinery and equipment | 23 | €40,037 | €40,621 | +€584 | +1.5% |
| Furniture and vehicles | 24 | €11,378 | €5,602 | -€5,776 | -50.8% |
| Financial fixed assets | 28 | €1,560 | €1,560 | = | 0.0% |
| Current assets | 29/58 | €102,628 | €114,404 | +€11,776 | +11.5% |
| Amounts receivable within one year | 40/41 | €24,821 | €35,308 | +€10,487 | +42.2% |
| Trade receivables | 40 | €14,175 | €33,459 | +€19,284 | +136.0% |
| Other amounts receivable | 41 | €10,646 | €1,849 | -€8,797 | -82.6% |
| Current investments | 50/53 | €37 | €38 | +€1 | +3.1% |
| Cash at bank and in hand | 54/58 | €75,950 | €77,284 | +€1,333 | +1.8% |
| Deferred charges and accrued income | 490/1 | €1,819 | €1,774 | -€45 | -2.5% |
| Total equity and liabilities | 10/49 | €155,603 | €162,186 | +€6,583 | +4.2% |
| Equity | 10/15 | €125,961 | €146,759 | +€20,798 | +16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €119,761 | €140,559 | +€20,798 | +17.4% |
| Tax-exempt reserves | 132 | €366 | €366 | = | 0.0% |
| Distributable reserves | 133 | €119,394 | €140,192 | +€20,798 | +17.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,642 | €15,427 | -€14,215 | -48.0% |
| Amounts payable within one year | 42/48 | €29,642 | €15,415 | -€14,227 | -48.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €3,110 | €2,718 | -€392 | -12.6% |
| Credit institutions | 430/8 | €3,110 | €2,718 | -€392 | -12.6% |
| Trade debts | 44 | €1,327 | €9,219 | +€7,892 | +594.9% |
| Suppliers | 440/4 | €1,327 | €9,219 | +€7,892 | +594.9% |
| Taxes, remuneration and social security | 45 | €3,312 | €3,478 | +€166 | +5.0% |
| Taxes | 450/3 | €3,312 | €2,955 | -€358 | -10.8% |
| Remuneration and social security | 454/9 | - | €524 | +€524 | |
| Other amounts payable | 47/48 | €21,893 | €0 | -€21,893 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €13 | +€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,295 | €18,066 | +€4,771 | +35.9% |
| Other operating charges | 640/8 | €676 | €1,105 | +€430 | +63.6% |
| Gross operating margin | 9900 | €2,570 | €47,843 | +€45,273 | +1761.8% |
| Operating profit (loss) | 9901 | -€11,401 | €28,672 | +€40,073 | |
| Financial income | 75/76B | €517 | €1,307 | +€790 | +152.7% |
| Recurring financial income | 75 | €517 | €1,307 | +€790 | +152.7% |
| Financial charges | 65/66B | €496 | €541 | +€45 | +9.1% |
| Recurring financial charges | 65 | €496 | €541 | +€45 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,380 | €29,438 | +€40,818 | |
| Income taxes | 67/77 | €332 | €8,640 | +€8,308 | +2503.2% |
| Profit (loss) for the period | 9904 | -€11,712 | €20,798 | +€32,509 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,712 | €20,798 | +€32,509 |
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 10 October 2026 via checked.be.