Task-4ce: 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.
Task-4ce
Largest movements
- Cash +€626,647
up €626,647 (+163.3%), from €383,818 to €1.0m
mainly Current investments (+€500,000) and Net result for the year (+€135,094)
- Current investments -€500,000
no longer reported in 2025 (was €500,000)
- Other debts +€102,310
up €102,310 (+444.6%), from €23,009 to €125,319
- Reserves +€31,342
up €31,342 (+3.5%), from €903,702 to €935,045
of which Distributable reserves: +€31,342
- Gross operating margin +€81,516
up €81,516 (+77.0%), from €105,892 to €187,408
- Taxes +€24,279
up €24,279 (+76.9%), from €31,568 to €55,846
- Financial income -€4,614
down €4,614 (-26.2%), from €17,610 to €12,997
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 | €979,080 | €1,099,073 | +€119,994 | +12.3% |
| Fixed assets | 21/28 | €21,576 | €13,911 | -€7,666 | -35.5% |
| Tangible fixed assets | 22/27 | €21,576 | €13,911 | -€7,666 | -35.5% |
| Plant, machinery and equipment | 23 | €336 | - | -€336 | |
| Furniture and vehicles | 24 | €21,240 | €13,911 | -€7,330 | -34.5% |
| Current assets | 29/58 | €957,503 | €1,085,163 | +€127,660 | +13.3% |
| Amounts receivable within one year | 40/41 | €62,096 | €69,584 | +€7,488 | +12.1% |
| Trade receivables | 40 | €57,115 | €69,584 | +€12,469 | +21.8% |
| Other amounts receivable | 41 | €4,981 | - | -€4,981 | |
| Current investments | 50/53 | €500,000 | - | -€500,000 | |
| Cash at bank and in hand | 54/58 | €383,818 | €1,010,465 | +€626,647 | +163.3% |
| Deferred charges and accrued income | 490/1 | €11,589 | €5,114 | -€6,476 | -55.9% |
| Total equity and liabilities | 10/49 | €979,080 | €1,099,073 | +€119,994 | +12.3% |
| Equity | 10/15 | €921,684 | €947,445 | +€25,761 | +2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €903,702 | €935,045 | +€31,342 | +3.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €901,842 | €933,185 | +€31,342 | +3.5% |
| Profit (loss) carried forward | 14 | €5,582 | - | -€5,582 | |
| Amounts payable | 17/49 | €57,396 | €151,629 | +€94,233 | +164.2% |
| Amounts payable within one year | 42/48 | €57,396 | €151,629 | +€94,233 | +164.2% |
| Trade debts | 44 | €10,373 | €12,883 | +€2,510 | +24.2% |
| Suppliers | 440/4 | €10,373 | €12,883 | +€2,510 | +24.2% |
| Taxes, remuneration and social security | 45 | €24,014 | €13,427 | -€10,587 | -44.1% |
| Taxes | 450/3 | €17,352 | €6,730 | -€10,623 | -61.2% |
| Remuneration and social security | 454/9 | €6,661 | €6,697 | +€36 | +0.5% |
| Other amounts payable | 47/48 | €23,009 | €125,319 | +€102,310 | +444.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,182 | €7,666 | -€516 | -6.3% |
| Other operating charges | 640/8 | €1,437 | €1,674 | +€237 | +16.5% |
| Gross operating margin | 9900 | €105,892 | €187,408 | +€81,516 | +77.0% |
| Operating profit (loss) | 9901 | €96,273 | €178,068 | +€81,795 | +85.0% |
| Financial income | 75/76B | €17,610 | €12,997 | -€4,614 | -26.2% |
| Recurring financial income | 75 | €17,610 | €12,997 | -€4,614 | -26.2% |
| Financial charges | 65/66B | €128 | €125 | -€4 | -2.8% |
| Recurring financial charges | 65 | €128 | €125 | -€4 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €113,755 | €190,940 | +€77,185 | +67.9% |
| Income taxes | 67/77 | €31,568 | €55,846 | +€24,279 | +76.9% |
| Profit (loss) for the period | 9904 | €82,187 | €135,094 | +€52,906 | +64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €82,187 | €135,094 | +€52,906 | +64.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.