TAKE 07: 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.
TAKE 07
Largest movements
- Receivables within one year +€59,990
up €59,990 (+85.2%), from €70,371 to €130,361
of which Trade receivables: +€33,643
- Cash -€9,174
down €9,174 (-95.8%), from €9,579 to €405
mainly Receivables within one year (-€59,990) and Investment in fixed assets (net) (-€3,283)
- Tangible fixed assets -€1,946
down €1,946 (-6.1%), from €31,917 to €29,970
of which Plant, machinery and equipment: -€1,605
- Other debts +€42,289
up €42,289 (+62.2%), from €68,024 to €110,313
- Trade debts +€3,733
up €3,733 (+8.4%), from €44,178 to €47,911
- Profit (loss) carried forward +€1,889
up €1,889 (+28.5%), from -€6,620 to -€4,730
- Gross operating margin -€5,004
down €5,004 (-38.1%), from €13,149 to €8,144
- Financial charges -€393
down €393 (-42.4%), from €925 to €533
- Taxes -€385
no longer reported in 2025 (was €385)
- Other operating charges -€361
down €361 (-37.9%), from €953 to €592
- Depreciation +€355
up €355 (+7.3%), from €4,875 to €5,230
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 | €112,271 | €161,141 | +€48,870 | +43.5% |
| Fixed assets | 21/28 | €32,322 | €30,375 | -€1,946 | -6.0% |
| Tangible fixed assets | 22/27 | €31,917 | €29,970 | -€1,946 | -6.1% |
| Land and buildings | 22 | €22,566 | €21,334 | -€1,232 | -5.5% |
| Plant, machinery and equipment | 23 | €5,033 | €3,428 | -€1,605 | -31.9% |
| Furniture and vehicles | 24 | €4,318 | €5,208 | +€890 | +20.6% |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €79,950 | €130,766 | +€50,816 | +63.6% |
| Amounts receivable within one year | 40/41 | €70,371 | €130,361 | +€59,990 | +85.2% |
| Trade receivables | 40 | €17,753 | €51,396 | +€33,643 | +190% |
| Other amounts receivable | 41 | €52,618 | €78,965 | +€26,347 | +50.1% |
| Cash at bank and in hand | 54/58 | €9,579 | €405 | -€9,174 | -95.8% |
| Total equity and liabilities | 10/49 | €112,271 | €161,141 | +€48,870 | +43.5% |
| Equity | 10/15 | -€1,620 | €270 | +€1,889 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,620 | -€4,730 | +€1,889 | +28.5% |
| Amounts payable | 17/49 | €113,891 | €160,872 | +€46,980 | +41.3% |
| Amounts payable within one year | 42/48 | €113,891 | €160,872 | +€46,980 | +41.3% |
| Trade debts | 44 | €44,178 | €47,911 | +€3,733 | +8.4% |
| Suppliers | 440/4 | €44,178 | €47,911 | +€3,733 | +8.4% |
| Taxes, remuneration and social security | 45 | €1,689 | €2,647 | +€959 | +56.8% |
| Taxes | 450/3 | €1,689 | €2,647 | +€959 | +56.8% |
| Other amounts payable | 47/48 | €68,024 | €110,313 | +€42,289 | +62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,875 | €5,230 | +€355 | +7.3% |
| Other operating charges | 640/8 | €953 | €592 | -€361 | -37.9% |
| Gross operating margin | 9900 | €13,149 | €8,144 | -€5,004 | -38.1% |
| Operating profit (loss) | 9901 | €7,321 | €2,323 | -€4,999 | -68.3% |
| Financial income | 75/76B | €153 | €99 | -€54 | -35.1% |
| Recurring financial income | 75 | €153 | €99 | -€54 | -35.1% |
| Financial charges | 65/66B | €925 | €533 | -€393 | -42.4% |
| Recurring financial charges | 65 | €925 | €533 | -€393 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €6,549 | €1,889 | -€4,660 | -71.1% |
| Income taxes | 67/77 | €385 | - | -€385 | |
| Profit (loss) for the period | 9904 | €6,164 | €1,889 | -€4,275 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,164 | €1,889 | -€4,275 | -69.3% |
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 17 October 2026 via checked.be.