The Backyard: 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.
The Backyard
Largest movements
- Cash +€30,965
up €30,965 (+54.1%), from €57,228 to €88,193
mainly Depreciation (+€40,989) and Trade debts (+€11,598)
- Tangible fixed assets -€28,564
down €28,564 (-15.0%), from €189,873 to €161,308
of which Other tangible fixed assets: -€20,235
- Reserves -€28,410
down €28,410 (-100.0%), from €28,410 to €0
- Profit (loss) carried forward +€17,525
up €17,525 (+82.3%), from -€21,301 to -€3,776
- Debts after one year -€14,561
down €14,561 (-13.1%), from €111,199 to €96,638
- Trade debts +€11,598
up €11,598 (+16.3%), from €71,030 to €82,628
- Short-term financial debts +€11,037
up €11,037, from €0 to €11,037
of which Credit institutions: +€10,788
- Staff costs +€49,428
up €49,428 (+21.7%), from €227,728 to €277,156
- Gross operating margin +€47,883
up €47,883 (+17.5%), from €273,421 to €321,303
- Other operating charges -€12,112
down €12,112 (-90.1%), from €13,444 to €1,331
- Depreciation -€5,113
down €5,113 (-11.1%), from €46,102 to €40,989
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 | €277,806 | €284,267 | +€6,462 | +2.3% |
| Fixed assets | 21/28 | €189,873 | €161,308 | -€28,564 | -15.0% |
| Tangible fixed assets | 22/27 | €189,873 | €161,308 | -€28,564 | -15.0% |
| Plant, machinery and equipment | 23 | €26,592 | €19,434 | -€7,157 | -26.9% |
| Furniture and vehicles | 24 | €4,465 | €4,761 | +€296 | +6.6% |
| Leasing and similar rights | 25 | €7,833 | €6,366 | -€1,468 | -18.7% |
| Other tangible fixed assets | 26 | €150,983 | €130,748 | -€20,235 | -13.4% |
| Current assets | 29/58 | €87,933 | €122,959 | +€35,026 | +39.8% |
| Stocks and contracts in progress | 3 | €12,229 | €14,661 | +€2,432 | +19.9% |
| Stocks | 30/36 | €12,229 | €14,661 | +€2,432 | +19.9% |
| Amounts receivable within one year | 40/41 | €13,018 | €12,150 | -€868 | -6.7% |
| Trade receivables | 40 | €389 | €6,722 | +€6,333 | +1627.7% |
| Other amounts receivable | 41 | €12,629 | €5,428 | -€7,201 | -57.0% |
| Cash at bank and in hand | 54/58 | €57,228 | €88,193 | +€30,965 | +54.1% |
| Deferred charges and accrued income | 490/1 | €5,458 | €7,954 | +€2,497 | +45.7% |
| Total equity and liabilities | 10/49 | €277,806 | €284,267 | +€6,462 | +2.3% |
| Equity | 10/15 | €25,708 | €14,824 | -€10,884 | -42.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,410 | €0 | -€28,410 | -100.0% |
| Distributable reserves | 133 | €28,410 | €0 | -€28,410 | -100.0% |
| Profit (loss) carried forward | 14 | -€21,301 | -€3,776 | +€17,525 | +82.3% |
| Amounts payable | 17/49 | €252,097 | €269,443 | +€17,346 | +6.9% |
| Amounts payable after more than one year | 17 | €111,199 | €96,638 | -€14,561 | -13.1% |
| Financial debts | 170/4 | €111,199 | €96,638 | -€14,561 | -13.1% |
| Amounts payable within one year | 42/48 | €130,976 | €165,449 | +€34,473 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €17,236 | €21,683 | +€4,447 | +25.8% |
| Financial debts | 43 | €0 | €11,037 | +€11,037 | |
| Credit institutions | 430/8 | €0 | €10,788 | +€10,788 | |
| Other loans | 439 | - | €250 | +€250 | |
| Trade debts | 44 | €71,030 | €82,628 | +€11,598 | +16.3% |
| Suppliers | 440/4 | €71,030 | €82,628 | +€11,598 | +16.3% |
| Advances received on contracts in progress | 46 | €880 | €4,641 | +€3,761 | +427.4% |
| Taxes, remuneration and social security | 45 | €36,338 | €39,859 | +€3,521 | +9.7% |
| Taxes | 450/3 | €13,712 | €15,695 | +€1,982 | +14.5% |
| Remuneration and social security | 454/9 | €22,626 | €24,164 | +€1,538 | +6.8% |
| Other amounts payable | 47/48 | €5,491 | €5,600 | +€108 | +2.0% |
| Accrued charges and deferred income | 492/3 | €9,923 | €7,357 | -€2,566 | -25.9% |
| Remuneration, social security and pensions | 62 | €227,728 | €277,156 | +€49,428 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,102 | €40,989 | -€5,113 | -11.1% |
| Other operating charges | 640/8 | €13,444 | €1,331 | -€12,112 | -90.1% |
| Non-recurring operating charges | 66A | - | €3,036 | +€3,036 | |
| Gross operating margin | 9900 | €273,421 | €321,303 | +€47,883 | +17.5% |
| Operating profit (loss) | 9901 | -€13,853 | -€1,210 | +€12,643 | +91.3% |
| Financial income | 75/76B | €128 | €736 | +€608 | +473.4% |
| Recurring financial income | 75 | €128 | €736 | +€608 | +473.4% |
| Financial charges | 65/66B | €7,577 | €10,410 | +€2,833 | +37.4% |
| Recurring financial charges | 65 | €7,577 | €10,410 | +€2,833 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,301 | -€10,884 | +€10,417 | +48.9% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€21,301 | -€10,884 | +€10,417 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,301 | -€10,884 | +€10,417 | +48.9% |
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 7 October 2026 via checked.be.