TABONE: 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.
TABONE
Largest movements
- Cash +€79,237
up €79,237 (+7.4%), from €1.1m to €1.1m
mainly Net result for the year (+€120,612) and Depreciation (+€54,875)
- Tangible fixed assets -€40,949
down €40,949 (-8.0%), from €514,704 to €473,755
of which Land and buildings: -€25,129
- Profit (loss) carried forward +€95,612
up €95,612 (+82.1%), from €116,392 to €212,004
- Debts after one year -€32,198
down €32,198 (-9.7%), from €330,600 to €298,403
- Tax, wage and social debts -€26,477
down €26,477 (-35.8%), from €73,859 to €47,382
of which Remuneration and social security: -€26,787
- Reserves +€25,000
up €25,000 (+1.8%), from €1.4m to €1.5m
of which Distributable reserves: +€25,000
- Gross operating margin +€185,836
up €185,836 (+24.1%), from €769,945 to €955,781
- Staff costs +€89,799
up €89,799 (+13.9%), from €645,735 to €735,534
- Taxes +€33,418
up €33,418 (+820.3%), from €4,074 to €37,492
- Other operating charges -€16,584
down €16,584 (-67.1%), from €24,718 to €8,134
- Depreciation -€11,870
down €11,870 (-17.8%), from €66,745 to €54,875
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 | €2,292,346 | €2,341,307 | +€48,961 | +2.1% |
| Fixed assets | 21/28 | €514,764 | €473,815 | -€40,949 | -8.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €514,704 | €473,755 | -€40,949 | -8.0% |
| Land and buildings | 22 | €425,209 | €400,080 | -€25,129 | -5.9% |
| Plant, machinery and equipment | 23 | €26,578 | €24,220 | -€2,358 | -8.9% |
| Furniture and vehicles | 24 | €62,917 | €49,455 | -€13,462 | -21.4% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €1,777,582 | €1,867,492 | +€89,910 | +5.1% |
| Amounts receivable within one year | 40/41 | €708,500 | €716,883 | +€8,383 | +1.2% |
| Trade receivables | 40 | €313,136 | €388,277 | +€75,142 | +24.0% |
| Other amounts receivable | 41 | €395,364 | €328,606 | -€66,758 | -16.9% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €1,065,561 | €1,144,798 | +€79,237 | +7.4% |
| Deferred charges and accrued income | 490/1 | €3,521 | €5,810 | +€2,290 | +65.0% |
| Total equity and liabilities | 10/49 | €2,292,346 | €2,341,307 | +€48,961 | +2.1% |
| Equity | 10/15 | €1,600,604 | €1,719,800 | +€119,196 | +7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,425,620 | €1,450,620 | +€25,000 | +1.8% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €1,425,000 | €1,450,000 | +€25,000 | +1.8% |
| Profit (loss) carried forward | 14 | €116,392 | €212,004 | +€95,612 | +82.1% |
| Investment grants | 15 | €52,392 | €50,976 | -€1,416 | -2.7% |
| Amounts payable | 17/49 | €691,742 | €621,507 | -€70,235 | -10.2% |
| Amounts payable after more than one year | 17 | €330,600 | €298,403 | -€32,198 | -9.7% |
| Financial debts | 170/4 | €330,600 | €298,403 | -€32,198 | -9.7% |
| Amounts payable within one year | 42/48 | €361,142 | €323,104 | -€38,037 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €85,768 | €73,669 | -€12,098 | -14.1% |
| Financial debts | 43 | €23 | €0 | -€23 | -100.0% |
| Credit institutions | 430/8 | €23 | €0 | -€23 | -100.0% |
| Trade debts | 44 | €155,011 | €166,338 | +€11,327 | +7.3% |
| Suppliers | 440/4 | €155,011 | €166,338 | +€11,327 | +7.3% |
| Taxes, remuneration and social security | 45 | €73,859 | €47,382 | -€26,477 | -35.8% |
| Taxes | 450/3 | €0 | €310 | +€310 | |
| Remuneration and social security | 454/9 | €73,859 | €47,072 | -€26,787 | -36.3% |
| Other amounts payable | 47/48 | €46,480 | €35,715 | -€10,765 | -23.2% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Non-recurring operating income | 76A | - | €2,741 | +€2,741 | |
| Remuneration, social security and pensions | 62 | €645,735 | €735,534 | +€89,799 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,745 | €54,875 | -€11,870 | -17.8% |
| Other operating charges | 640/8 | €24,718 | €8,134 | -€16,584 | -67.1% |
| Non-recurring operating charges | 66A | - | €1,365 | +€1,365 | |
| Gross operating margin | 9900 | €769,945 | €955,781 | +€185,836 | +24.1% |
| Operating profit (loss) | 9901 | €32,747 | €155,874 | +€123,127 | +376.0% |
| Financial income | 75/76B | €19,221 | €14,530 | -€4,691 | -24.4% |
| Recurring financial income | 75 | €19,221 | €14,530 | -€4,691 | -24.4% |
| Financial charges | 65/66B | €14,302 | €12,299 | -€2,003 | -14.0% |
| Recurring financial charges | 65 | €14,302 | €12,299 | -€2,003 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €37,666 | €158,104 | +€120,439 | +319.8% |
| Income taxes | 67/77 | €4,074 | €37,492 | +€33,418 | +820.3% |
| Profit (loss) for the period | 9904 | €33,592 | €120,612 | +€87,020 | +259.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,592 | €120,612 | +€87,020 | +259.1% |
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 5 October 2026 via checked.be.