SOURCE FACTORY: 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 FACTORY
Largest movements
- Current investments +€20,478
up €20,478 (+24.6%), from €83,367 to €103,844
- Tangible fixed assets -€4,274
down €4,274 (-32.1%), from €13,318 to €9,043
- Reserves +€12,672
up €12,672 (+22.0%), from €57,571 to €70,243
of which Distributable reserves: +€12,672
- Tax, wage and social debts +€1,651
up €1,651 (+9.4%), from €17,505 to €19,157
- Gross operating margin +€3,762
up €3,762 (+10.2%), from €36,950 to €40,711
- Taxes +€2,833
up €2,833 (+30.4%), from €9,320 to €12,153
- Depreciation -€2,410
down €2,410 (-36.1%), from €6,684 to €4,274
- Financial income +€445
up €445 (+5391.4%), from €8 to €454
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 | €129,578 | €146,356 | +€16,779 | +12.9% |
| Fixed assets | 21/28 | €13,318 | €9,043 | -€4,274 | -32.1% |
| Tangible fixed assets | 22/27 | €13,318 | €9,043 | -€4,274 | -32.1% |
| Furniture and vehicles | 24 | €13,318 | €9,043 | -€4,274 | -32.1% |
| Current assets | 29/58 | €116,260 | €137,313 | +€21,053 | +18.1% |
| Amounts receivable within one year | 40/41 | €16,547 | €16,231 | -€316 | -1.9% |
| Trade receivables | 40 | €16,547 | €16,231 | -€316 | -1.9% |
| Current investments | 50/53 | €83,367 | €103,844 | +€20,478 | +24.6% |
| Cash at bank and in hand | 54/58 | €15,000 | €15,000 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,346 | €2,238 | +€892 | +66.2% |
| Total equity and liabilities | 10/49 | €129,578 | €146,356 | +€16,779 | +12.9% |
| Equity | 10/15 | €77,003 | €89,675 | +€12,672 | +16.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €57,571 | €70,243 | +€12,672 | +22.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €55,711 | €68,383 | +€12,672 | +22.7% |
| Profit (loss) carried forward | 14 | €7,031 | €7,031 | = | 0.0% |
| Amounts payable | 17/49 | €52,575 | €56,682 | +€4,107 | +7.8% |
| Amounts payable within one year | 42/48 | €52,575 | €56,682 | +€4,107 | +7.8% |
| Trade debts | 44 | €911 | €2,078 | +€1,168 | +128.2% |
| Suppliers | 440/4 | €911 | €2,078 | +€1,168 | +128.2% |
| Taxes, remuneration and social security | 45 | €17,505 | €19,157 | +€1,651 | +9.4% |
| Taxes | 450/3 | €17,505 | €19,157 | +€1,651 | +9.4% |
| Other amounts payable | 47/48 | €34,159 | €35,446 | +€1,288 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,684 | €4,274 | -€2,410 | -36.1% |
| Other operating charges | 640/8 | €555 | €528 | -€27 | -4.8% |
| Gross operating margin | 9900 | €36,950 | €40,711 | +€3,762 | +10.2% |
| Operating profit (loss) | 9901 | €29,710 | €35,909 | +€6,199 | +20.9% |
| Financial income | 75/76B | €8 | €454 | +€445 | +5391.4% |
| Recurring financial income | 75 | €8 | €454 | +€445 | +5391.4% |
| Financial charges | 65/66B | €33 | €286 | +€253 | +763.7% |
| Recurring financial charges | 65 | €33 | €286 | +€253 | +763.7% |
| Profit (loss) for the period before taxes | 9903 | €29,685 | €36,076 | +€6,391 | +21.5% |
| Income taxes | 67/77 | €9,320 | €12,153 | +€2,833 | +30.4% |
| Profit (loss) for the period | 9904 | €20,366 | €23,923 | +€3,558 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,366 | €23,923 | +€3,558 | +17.5% |
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 11 October 2026 via checked.be.