Storefront: 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.
Storefront
Largest movements
- Current investments +€113,535
up €113,535 (+85.5%), from €132,788 to €246,323
- Receivables within one year -€79,947
down €79,947 (-63.6%), from €125,641 to €45,694
of which Trade receivables: -€72,839
- Cash -€39,522
down €39,522 (-42.5%), from €93,007 to €53,486
mainly Current investments (-€113,535) and Other debts (-€20,136)
- Other debts -€20,136
down €20,136 (-99.7%), from €20,193 to €57
- Reserves +€17,534
up €17,534 (+7.4%), from €235,558 to €253,092
of which Distributable reserves: +€17,534
- Trade debts -€5,593
down €5,593 (-51.4%), from €10,886 to €5,293
- Profit (loss) carried forward +€5,411
no longer reported in 2025 (was -€5,411)
- Financial income +€116,306
up €116,306 (+60966.8%), from €191 to €116,497
- Gross operating margin -€91,228
down €91,228, from €24,803 to -€66,426
- Staff costs -€27,991
no longer reported in 2025 (was €27,991)
- Other operating charges +€8,729
new in 2025: €8,729
- Depreciation +€8,086
up €8,086 (+528.7%), from €1,529 to €9,615
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 | €351,436 | €348,726 | -€2,710 | -0.8% |
| Fixed assets | 21/28 | €0 | €3,224 | +€3,224 | |
| Tangible fixed assets | 22/27 | €0 | €3,224 | +€3,224 | |
| Land and buildings | 22 | - | €3,224 | +€3,224 | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €351,436 | €345,502 | -€5,934 | -1.7% |
| Amounts receivable within one year | 40/41 | €125,641 | €45,694 | -€79,947 | -63.6% |
| Trade receivables | 40 | €95,613 | €22,775 | -€72,839 | -76.2% |
| Other amounts receivable | 41 | €30,028 | €22,919 | -€7,109 | -23.7% |
| Current investments | 50/53 | €132,788 | €246,323 | +€113,535 | +85.5% |
| Cash at bank and in hand | 54/58 | €93,007 | €53,486 | -€39,522 | -42.5% |
| Total equity and liabilities | 10/49 | €351,436 | €348,726 | -€2,710 | -0.8% |
| Equity | 10/15 | €320,357 | €343,302 | +€22,945 | +7.2% |
| Contributions | 10/11 | €90,210 | €90,210 | = | 0.0% |
| Reserves | 13 | €235,558 | €253,092 | +€17,534 | +7.4% |
| Non-distributable reserves | 130/1 | €9,021 | €9,021 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,021 | €9,021 | = | 0.0% |
| Distributable reserves | 133 | €226,537 | €244,071 | +€17,534 | +7.7% |
| Profit (loss) carried forward | 14 | -€5,411 | - | +€5,411 | |
| Amounts payable | 17/49 | €31,079 | €5,424 | -€25,655 | -82.5% |
| Amounts payable within one year | 42/48 | €31,079 | €5,424 | -€25,655 | -82.5% |
| Trade debts | 44 | €10,886 | €5,293 | -€5,593 | -51.4% |
| Suppliers | 440/4 | €10,886 | €5,293 | -€5,593 | -51.4% |
| Taxes, remuneration and social security | 45 | - | €75 | +€75 | |
| Taxes | 450/3 | - | €75 | +€75 | |
| Other amounts payable | 47/48 | €20,193 | €57 | -€20,136 | -99.7% |
| Remuneration, social security and pensions | 62 | €27,991 | - | -€27,991 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,529 | €9,615 | +€8,086 | +528.7% |
| Other operating charges | 640/8 | - | €8,729 | +€8,729 | |
| Gross operating margin | 9900 | €24,803 | -€66,426 | -€91,228 | |
| Operating profit (loss) | 9901 | -€4,718 | -€84,770 | -€80,052 | -1696.9% |
| Financial income | 75/76B | €191 | €116,497 | +€116,306 | +60966.8% |
| Recurring financial income | 75 | €191 | €116,497 | +€116,306 | +60966.8% |
| Financial charges | 65/66B | €686 | €835 | +€149 | +21.7% |
| Recurring financial charges | 65 | €686 | €835 | +€149 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,213 | €30,892 | +€36,105 | |
| Income taxes | 67/77 | €198 | €7,947 | +€7,749 | +3913.7% |
| Profit (loss) for the period | 9904 | -€5,411 | €22,945 | +€28,356 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,411 | €22,945 | +€28,356 |
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 1 October 2026 via checked.be.