TBD: 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.
TBD
Largest movements
- Cash -€4,299
down €4,299 (-56.6%), from €7,600 to €3,301
mainly Net result for the year (-€5,438)
- Tangible fixed assets -€864
down €864 (-15.0%), from €5,774 to €4,910
of which Plant, machinery and equipment: -€833
- Profit (loss) carried forward -€5,438
down €5,438, from €5,062 to -€376
- Trade debts +€158
up €158 (+532%), from €30 to €187
- Gross operating margin -€8,579
down €8,579, from €4,439 to -€4,141
- Depreciation +€500
up €500 (+138%), from €364 to €864
- Other operating charges -€96
down €96 (-19.9%), from €484 to €387
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 | €13,374 | €8,211 | -€5,163 | -38.6% |
| Fixed assets | 21/28 | €5,774 | €4,910 | -€864 | -15.0% |
| Tangible fixed assets | 22/27 | €5,774 | €4,910 | -€864 | -15.0% |
| Land and buildings | 22 | €1,606 | €1,576 | -€30 | -1.9% |
| Plant, machinery and equipment | 23 | €4,167 | €3,334 | -€833 | -20.0% |
| Current assets | 29/58 | €7,600 | €3,301 | -€4,299 | -56.6% |
| Cash at bank and in hand | 54/58 | €7,600 | €3,301 | -€4,299 | -56.6% |
| Total equity and liabilities | 10/49 | €13,374 | €8,211 | -€5,163 | -38.6% |
| Equity | 10/15 | €13,122 | €7,684 | -€5,438 | -41.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,062 | -€376 | -€5,438 | |
| Amounts payable | 17/49 | €252 | €527 | +€275 | +109% |
| Amounts payable within one year | 42/48 | €252 | €527 | +€275 | +109% |
| Trade debts | 44 | €30 | €187 | +€158 | +532% |
| Suppliers | 440/4 | €30 | €187 | +€158 | +532% |
| Other amounts payable | 47/48 | €223 | €340 | +€117 | +52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €364 | €864 | +€500 | +138% |
| Other operating charges | 640/8 | €484 | €387 | -€96 | -19.9% |
| Gross operating margin | 9900 | €4,439 | -€4,141 | -€8,579 | |
| Operating profit (loss) | 9901 | €3,592 | -€5,392 | -€8,983 | |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €3,545 | -€5,438 | -€8,983 | |
| Profit (loss) for the period | 9904 | €3,545 | -€5,438 | -€8,983 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,545 | -€5,438 | -€8,983 |
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 14 October 2026 via checked.be.