T’incoming: 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.
T’incoming
Largest movements
- Receivables within one year +€9,807
up €9,807 (+255%), from €3,841 to €13,648
of which Trade receivables: +€7,200
- Cash -€5,528
down €5,528 (-11.3%), from €48,713 to €43,186
mainly Receivables within one year (-€9,807) and Tax, wage and social debts (-€3,366)
- Reserves +€5,587
up €5,587 (+2.4%), from €233,737 to €239,324
of which Distributable reserves: +€5,587
- Tax, wage and social debts -€3,366
down €3,366 (-100%), from €3,366 to €0
- Gross operating margin -€32,931
down €32,931 (-74.9%), from €43,974 to €11,042
- Taxes -€9,015
down €9,015 (-76.2%), from €11,823 to €2,808
- Depreciation -€1,211
down €1,211 (-37.7%), from €3,213 to €2,002
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 | €273,665 | €275,805 | +€2,140 | +0.8% |
| Fixed assets | 21/28 | €219,812 | €217,810 | -€2,002 | -0.9% |
| Tangible fixed assets | 22/27 | €3,812 | €1,810 | -€2,002 | -52.5% |
| Furniture and vehicles | 24 | €3,812 | €1,810 | -€2,002 | -52.5% |
| Financial fixed assets | 28 | €216,000 | €216,000 | = | 0.0% |
| Current assets | 29/58 | €53,853 | €57,995 | +€4,142 | +7.7% |
| Amounts receivable within one year | 40/41 | €3,841 | €13,648 | +€9,807 | +255% |
| Trade receivables | 40 | €2,880 | €10,080 | +€7,200 | +250% |
| Other amounts receivable | 41 | €961 | €3,568 | +€2,607 | +271% |
| Cash at bank and in hand | 54/58 | €48,713 | €43,186 | -€5,528 | -11.3% |
| Deferred charges and accrued income | 490/1 | €1,299 | €1,161 | -€138 | -10.6% |
| Total equity and liabilities | 10/49 | €273,665 | €275,805 | +€2,140 | +0.8% |
| Equity | 10/15 | €258,737 | €264,324 | +€5,587 | +2.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €233,737 | €239,324 | +€5,587 | +2.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €233,737 | €239,324 | +€5,587 | +2.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €14,928 | €11,481 | -€3,447 | -23.1% |
| Amounts payable within one year | 42/48 | €13,678 | €10,231 | -€3,447 | -25.2% |
| Trade debts | 44 | €956 | €1,076 | +€120 | +12.5% |
| Suppliers | 440/4 | €956 | €1,076 | +€120 | +12.5% |
| Taxes, remuneration and social security | 45 | €3,366 | €0 | -€3,366 | -100% |
| Taxes | 450/3 | €3,366 | €0 | -€3,366 | -100% |
| Other amounts payable | 47/48 | €9,356 | €9,155 | -€201 | -2.1% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,213 | €2,002 | -€1,211 | -37.7% |
| Other operating charges | 640/8 | €915 | €1,096 | +€182 | +19.8% |
| Gross operating margin | 9900 | €43,974 | €11,042 | -€32,931 | -74.9% |
| Operating profit (loss) | 9901 | €39,846 | €7,944 | -€31,902 | -80.1% |
| Financial income | 75/76B | €934 | €554 | -€380 | -40.7% |
| Recurring financial income | 75 | €934 | €554 | -€380 | -40.7% |
| Financial charges | 65/66B | €165 | €103 | -€62 | -37.7% |
| Recurring financial charges | 65 | €165 | €103 | -€62 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €40,615 | €8,395 | -€32,219 | -79.3% |
| Income taxes | 67/77 | €11,823 | €2,808 | -€9,015 | -76.2% |
| Profit (loss) for the period | 9904 | €28,792 | €5,587 | -€23,205 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,792 | €5,587 | -€23,205 | -80.6% |
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 31 October 2026 via checked.be.