TALK FORUM: 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.
TALK FORUM
Largest movements
- Cash -€70,116
down €70,116 (-46.3%), from €151,336 to €81,221
mainly Receivables within one year (-€66,055) and Contributions, distributions and other (-€8,580)
- Receivables within one year +€66,055
up €66,055 (+226.1%), from €29,209 to €95,264
of which Other amounts receivable: +€61,304
- Reserves -€5,369
down €5,369 (-3.4%), from €157,031 to €151,662
of which Distributable reserves: -€5,369
- Trade debts -€3,889
down €3,889 (-33.5%), from €11,623 to €7,734
- Gross operating margin -€3,703
down €3,703 (-36.1%), from €10,259 to €6,556
- Financial income +€2,891
up €2,891, from €0 to €2,891
- Other operating charges -€2,785
down €2,785 (-71.4%), from €3,900 to €1,114
- Taxes +€716
up €716 (+44.0%), from €1,627 to €2,343
- Financial charges -€587
down €587 (-25.1%), from €2,336 to €1,749
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 | €185,414 | €179,381 | -€6,033 | -3.3% |
| Fixed assets | 21/28 | €2,761 | €1,731 | -€1,030 | -37.3% |
| Tangible fixed assets | 22/27 | €2,261 | €1,231 | -€1,030 | -45.6% |
| Furniture and vehicles | 24 | €2,261 | €1,231 | -€1,030 | -45.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €182,653 | €177,649 | -€5,003 | -2.7% |
| Amounts receivable within one year | 40/41 | €29,209 | €95,264 | +€66,055 | +226.1% |
| Trade receivables | 40 | €29,184 | €33,934 | +€4,751 | +16.3% |
| Other amounts receivable | 41 | €26 | €61,330 | +€61,304 | +238351.3% |
| Cash at bank and in hand | 54/58 | €151,336 | €81,221 | -€70,116 | -46.3% |
| Deferred charges and accrued income | 490/1 | €2,107 | €1,165 | -€942 | -44.7% |
| Total equity and liabilities | 10/49 | €185,414 | €179,381 | -€6,033 | -3.3% |
| Equity | 10/15 | €163,231 | €157,862 | -€5,369 | -3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €157,031 | €151,662 | -€5,369 | -3.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €113,071 | €107,702 | -€5,369 | -4.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,183 | €21,519 | -€664 | -3.0% |
| Amounts payable within one year | 42/48 | €22,183 | €20,612 | -€1,571 | -7.1% |
| Trade debts | 44 | €11,623 | €7,734 | -€3,889 | -33.5% |
| Suppliers | 440/4 | €11,623 | €7,734 | -€3,889 | -33.5% |
| Taxes, remuneration and social security | 45 | €4,650 | €6,277 | +€1,627 | +35.0% |
| Taxes | 450/3 | €4,650 | €6,277 | +€1,627 | +35.0% |
| Other amounts payable | 47/48 | €5,909 | €6,600 | +€691 | +11.7% |
| Accrued charges and deferred income | 492/3 | €0 | €907 | +€907 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,348 | €1,030 | -€318 | -23.6% |
| Other operating charges | 640/8 | €3,900 | €1,114 | -€2,785 | -71.4% |
| Gross operating margin | 9900 | €10,259 | €6,556 | -€3,703 | -36.1% |
| Operating profit (loss) | 9901 | €5,012 | €4,412 | -€600 | -12.0% |
| Financial income | 75/76B | €0 | €2,891 | +€2,891 | |
| Recurring financial income | 75 | €0 | €2,891 | +€2,891 | |
| Financial charges | 65/66B | €2,336 | €1,749 | -€587 | -25.1% |
| Recurring financial charges | 65 | €2,336 | €1,749 | -€587 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €2,676 | €5,554 | +€2,877 | +107.5% |
| Income taxes | 67/77 | €1,627 | €2,343 | +€716 | +44.0% |
| Profit (loss) for the period | 9904 | €1,049 | €3,211 | +€2,162 | +206.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,049 | €3,211 | +€2,162 | +206.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.