SOURCE BLEUE: 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.
SOURCE BLEUE
Largest movements
- Cash +€32,313
up €32,313 (+379%), from €8,525 to €40,838
mainly Net result for the year (+€32,370) and Tax, wage and social debts (+€2,238)
- Receivables within one year -€2,041
down €2,041 (-21.9%), from €9,315 to €7,275
of which Trade receivables: -€2,286
- Deferred charges and accrued income -€659
down €659 (-35.2%), from €1,872 to €1,213
- Profit (loss) carried forward +€32,370
up €32,370, from -€25,059 to €7,311
- Debts after one year -€6,343
down €6,343 (-25.0%), from €25,372 to €19,029
- Tax, wage and social debts +€2,238
up €2,238 (+45.7%), from €4,895 to €7,133
- Trade debts +€1,088
up €1,088 (+301%), from €362 to €1,449
- Staff costs -€14,213
no longer reported in 2025 (was €14,213)
- Gross operating margin +€13,908
up €13,908 (+45.6%), from €30,503 to €44,412
- Taxes +€10,078
up €10,078 (+3,357%), from €300 to €10,378
- Depreciation -€8,539
no longer reported in 2025 (was €8,539)
- Financial charges -€527
down €527 (-29.4%), from €1,794 to €1,267
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.
Derived cash bridge
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 | €19,973 | €49,325 | +€29,352 | +147% |
| Fixed assets | 21/28 | €260 | - | -€260 | |
| Financial fixed assets | 28 | €260 | - | -€260 | |
| Current assets | 29/58 | €19,713 | €49,325 | +€29,612 | +150% |
| Amounts receivable within one year | 40/41 | €9,315 | €7,275 | -€2,041 | -21.9% |
| Trade receivables | 40 | €8,840 | €6,553 | -€2,286 | -25.9% |
| Other amounts receivable | 41 | €476 | €721 | +€246 | +51.6% |
| Cash at bank and in hand | 54/58 | €8,525 | €40,838 | +€32,313 | +379% |
| Deferred charges and accrued income | 490/1 | €1,872 | €1,213 | -€659 | -35.2% |
| Total equity and liabilities | 10/49 | €19,973 | €49,325 | +€29,352 | +147% |
| Equity | 10/15 | -€16,999 | €15,371 | +€32,370 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,059 | €7,311 | +€32,370 | |
| Amounts payable | 17/49 | €36,972 | €33,954 | -€3,018 | -8.2% |
| Amounts payable after more than one year | 17 | €25,372 | €19,029 | -€6,343 | -25.0% |
| Financial debts | 170/4 | €25,372 | €19,029 | -€6,343 | -25.0% |
| Amounts payable within one year | 42/48 | €11,600 | €14,925 | +€3,325 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €6,343 | €6,343 | = | 0.0% |
| Trade debts | 44 | €362 | €1,449 | +€1,088 | +301% |
| Suppliers | 440/4 | €362 | €1,449 | +€1,088 | +301% |
| Taxes, remuneration and social security | 45 | €4,895 | €7,133 | +€2,238 | +45.7% |
| Taxes | 450/3 | €4,895 | €7,133 | +€2,238 | +45.7% |
| Remuneration, social security and pensions | 62 | €14,213 | - | -€14,213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,539 | - | -€8,539 | |
| Other operating charges | 640/8 | €542 | €428 | -€114 | -21.0% |
| Gross operating margin | 9900 | €30,503 | €44,412 | +€13,908 | +45.6% |
| Operating profit (loss) | 9901 | €7,210 | €43,983 | +€36,774 | +510% |
| Financial income | 75/76B | €1 | €32 | +€31 | +3,901% |
| Recurring financial income | 75 | €1 | €32 | +€31 | +3,901% |
| Financial charges | 65/66B | €1,794 | €1,267 | -€527 | -29.4% |
| Recurring financial charges | 65 | €1,794 | €1,267 | -€527 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €5,417 | €42,749 | +€37,332 | +689% |
| Income taxes | 67/77 | €300 | €10,378 | +€10,078 | +3,357% |
| Profit (loss) for the period | 9904 | €5,117 | €32,370 | +€27,254 | +533% |
| Profit (loss) for the period to be appropriated | 9905 | €5,117 | €32,370 | +€27,254 | +533% |
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 16 October 2026 via checked.be.