'T TIPZAKJE: 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 TIPZAKJE
Largest movements
- Cash +€8,110
up €8,110 (+42.5%), from €19,077 to €27,187
mainly Debts after one year (+€8,039) and Depreciation (+€7,968)
- Tangible fixed assets +€7,962
up €7,962 (+140%), from €5,705 to €13,667
of which Furniture and vehicles: +€11,743
- Receivables within one year +€3,198
up €3,198 (+1,087%), from €294 to €3,492
- Stocks and contracts +€619
up €619 (+12.7%), from €4,886 to €5,505
- Deferred charges and accrued income -€539
down €539 (-97.1%), from €555 to €16
- Debts after one year +€8,039
new in 2025: €8,039
- Current portion of long-term debt +€5,149
new in 2025: €5,149
- Trade debts +€4,428
up €4,428 (+499%), from €887 to €5,315
- Profit (loss) carried forward +€2,026
up €2,026 (+26.1%), from -€7,772 to -€5,746
- Gross operating margin -€4,570
down €4,570 (-21.1%), from €21,654 to €17,084
- Staff costs -€3,343
no longer reported in 2025 (was €3,343)
- Depreciation +€3,261
up €3,261 (+69.3%), from €4,707 to €7,968
- Taxes -€3,148
down €3,148 (-68.9%), from €4,570 to €1,422
- Financial charges +€1,931
up €1,931 (+382%), from €505 to €2,436
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 | €33,830 | €53,180 | +€19,350 | +57.2% |
| Fixed assets | 21/28 | €9,018 | €16,980 | +€7,962 | +88.3% |
| Tangible fixed assets | 22/27 | €5,705 | €13,667 | +€7,962 | +140% |
| Plant, machinery and equipment | 23 | €4,841 | €1,060 | -€3,780 | -78.1% |
| Furniture and vehicles | 24 | €864 | €12,607 | +€11,743 | +1,359% |
| Financial fixed assets | 28 | €3,313 | €3,313 | = | 0.0% |
| Current assets | 29/58 | €24,812 | €36,200 | +€11,387 | +45.9% |
| Stocks and contracts in progress | 3 | €4,886 | €5,505 | +€619 | +12.7% |
| Stocks | 30/36 | €4,886 | €5,505 | +€619 | +12.7% |
| Amounts receivable within one year | 40/41 | €294 | €3,492 | +€3,198 | +1,087% |
| Other amounts receivable | 41 | €294 | €3,492 | +€3,198 | +1,087% |
| Cash at bank and in hand | 54/58 | €19,077 | €27,187 | +€8,110 | +42.5% |
| Deferred charges and accrued income | 490/1 | €555 | €16 | -€539 | -97.1% |
| Total equity and liabilities | 10/49 | €33,830 | €53,180 | +€19,350 | +57.2% |
| Equity | 10/15 | €32,373 | €34,399 | +€2,026 | +6.3% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €19,145 | €19,145 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Distributable reserves | 133 | €17,045 | €17,045 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,772 | -€5,746 | +€2,026 | +26.1% |
| Amounts payable | 17/49 | €1,457 | €18,781 | +€17,324 | +1,189% |
| Amounts payable after more than one year | 17 | - | €8,039 | +€8,039 | |
| Financial debts | 170/4 | - | €8,039 | +€8,039 | |
| Amounts payable within one year | 42/48 | €1,457 | €10,741 | +€9,284 | +637% |
| Current portion of amounts payable after more than one year | 42 | - | €5,149 | +€5,149 | |
| Trade debts | 44 | €887 | €5,315 | +€4,428 | +499% |
| Suppliers | 440/4 | €887 | €5,315 | +€4,428 | +499% |
| Taxes, remuneration and social security | 45 | €570 | €277 | -€293 | -51.3% |
| Taxes | 450/3 | €570 | €277 | -€293 | -51.3% |
| Non-recurring operating income | 76A | €50 | - | -€50 | |
| Remuneration, social security and pensions | 62 | €3,343 | - | -€3,343 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,707 | €7,968 | +€3,261 | +69.3% |
| Other operating charges | 640/8 | €2,800 | €3,232 | +€433 | +15.5% |
| Gross operating margin | 9900 | €21,654 | €17,084 | -€4,570 | -21.1% |
| Operating profit (loss) | 9901 | €10,805 | €5,884 | -€4,921 | -45.5% |
| Financial charges | 65/66B | €505 | €2,436 | +€1,931 | +382% |
| Recurring financial charges | 65 | €505 | €2,436 | +€1,931 | +382% |
| Profit (loss) for the period before taxes | 9903 | €10,300 | €3,448 | -€6,852 | -66.5% |
| Income taxes | 67/77 | €4,570 | €1,422 | -€3,148 | -68.9% |
| Profit (loss) for the period | 9904 | €5,730 | €2,026 | -€3,703 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,730 | €2,026 | -€3,703 | -64.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.