STRONGBOX: 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.
STRONGBOX
Largest movements
- Tangible fixed assets +€5,726
up €5,726 (+42.0%), from €13,649 to €19,376
of which Plant, machinery and equipment: +€9,732
- Financial fixed assets -€5,000
no longer reported in 2025 (was €5,000)
- Receivables within one year +€4,272
up €4,272 (+14.1%), from €30,211 to €34,483
of which Trade receivables: +€18,225
- Intangible fixed assets -€4,034
down €4,034 (-62.7%), from €6,433 to €2,399
- Cash -€1,315
down €1,315 (-8.0%), from €16,479 to €15,164
mainly Current portion of long-term debt (-€33,005) and Trade debts (-€10,731)
- Profit (loss) carried forward +€43,021
up €43,021 (+36.5%), from -€117,769 to -€74,748
- Current portion of long-term debt -€33,005
down €33,005 (-93.0%), from €35,492 to €2,487
- Trade debts -€10,731
down €10,731 (-35.4%), from €30,294 to €19,563
- Tax, wage and social debts +€3,023
new in 2025: €3,023
- Debts after one year -€3,017
down €3,017 (-2.9%), from €103,017 to €100,000
- Gross operating margin +€72,241
up €72,241, from -€3,614 to €68,627
- Financial charges +€8,332
up €8,332 (+249.1%), from €3,345 to €11,678
of which Non-recurring financial charges: +€9,082
- Depreciation +€1,742
up €1,742 (+19.5%), from €8,932 to €10,674
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 | €79,802 | €79,312 | -€489 | -0.6% |
| Fixed assets | 21/28 | €25,082 | €21,775 | -€3,307 | -13.2% |
| Intangible fixed assets | 21 | €6,433 | €2,399 | -€4,034 | -62.7% |
| Tangible fixed assets | 22/27 | €13,649 | €19,376 | +€5,726 | +42.0% |
| Plant, machinery and equipment | 23 | - | €9,732 | +€9,732 | |
| Furniture and vehicles | 24 | €13,649 | €9,644 | -€4,005 | -29.3% |
| Financial fixed assets | 28 | €5,000 | - | -€5,000 | |
| Current assets | 29/58 | €54,719 | €57,537 | +€2,818 | +5.1% |
| Stocks and contracts in progress | 3 | €7,770 | €7,770 | = | 0.0% |
| Stocks | 30/36 | €7,770 | €7,770 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,211 | €34,483 | +€4,272 | +14.1% |
| Trade receivables | 40 | €13,838 | €32,063 | +€18,225 | +131.7% |
| Other amounts receivable | 41 | €16,373 | €2,420 | -€13,953 | -85.2% |
| Cash at bank and in hand | 54/58 | €16,479 | €15,164 | -€1,315 | -8.0% |
| Deferred charges and accrued income | 490/1 | €260 | €120 | -€139 | -53.7% |
| Total equity and liabilities | 10/49 | €79,802 | €79,312 | -€489 | -0.6% |
| Equity | 10/15 | -€112,769 | -€69,748 | +€43,021 | +38.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,769 | -€74,748 | +€43,021 | +36.5% |
| Amounts payable | 17/49 | €192,571 | €149,061 | -€43,510 | -22.6% |
| Amounts payable after more than one year | 17 | €103,017 | €100,000 | -€3,017 | -2.9% |
| Financial debts | 170/4 | €103,017 | €100,000 | -€3,017 | -2.9% |
| Amounts payable within one year | 42/48 | €89,553 | €49,061 | -€40,493 | -45.2% |
| Current portion of amounts payable after more than one year | 42 | €35,492 | €2,487 | -€33,005 | -93.0% |
| Trade debts | 44 | €30,294 | €19,563 | -€10,731 | -35.4% |
| Suppliers | 440/4 | €30,294 | €19,563 | -€10,731 | -35.4% |
| Taxes, remuneration and social security | 45 | - | €3,023 | +€3,023 | |
| Taxes | 450/3 | - | €3,023 | +€3,023 | |
| Other amounts payable | 47/48 | €23,767 | €23,988 | +€220 | +0.9% |
| Non-recurring operating income | 76A | €15,099 | - | -€15,099 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,932 | €10,674 | +€1,742 | +19.5% |
| Other operating charges | 640/8 | €204 | €309 | +€105 | +51.2% |
| Gross operating margin | 9900 | -€3,614 | €68,627 | +€72,241 | |
| Operating profit (loss) | 9901 | -€12,751 | €57,643 | +€70,394 | |
| Financial income | 75/76B | €26 | €1 | -€26 | -98.1% |
| Recurring financial income | 75 | €26 | €1 | -€26 | -98.1% |
| Financial charges | 65/66B | €3,345 | €11,678 | +€8,332 | +249.1% |
| Recurring financial charges | 65 | €3,345 | €2,596 | -€749 | -22.4% |
| Non-recurring financial charges | 66B | - | €9,082 | +€9,082 | |
| Profit (loss) for the period before taxes | 9903 | -€16,070 | €45,966 | +€62,036 | |
| Income taxes | 67/77 | €2,949 | €2,945 | -€4 | -0.1% |
| Profit (loss) for the period | 9904 | -€19,019 | €43,021 | +€62,040 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,019 | €43,021 | +€62,040 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.