The BenchMark: 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.
The BenchMark
Largest movements
- Financial fixed assets -€31,620
down €31,620 (-100%), from €31,620 to €0
- Receivables within one year +€17,174
up €17,174 (+1,013%), from €1,696 to €18,870
of which Other amounts receivable: +€10,249
- Intangible fixed assets -€4,188
down €4,188 (-48.3%), from €8,678 to €4,491
- Cash +€2,707
up €2,707 (+41.7%), from €6,491 to €9,198
mainly Investment in fixed assets (net) (+€31,620) and Net result for the year (+€13,252)
- Other debts -€37,262
down €37,262 (-61.9%), from €60,223 to €22,960
- Profit (loss) carried forward +€13,252
up €13,252 (+49.4%), from -€26,839 to -€13,587
- Tax, wage and social debts +€10,394
new in 2025: €10,394
- Trade debts -€2,241
down €2,241 (-83.0%), from €2,701 to €460
- Gross operating margin +€36,490
up €36,490, from -€14,366 to €22,124
- Financial charges +€3,707
up €3,707 (+5,700%), from €65 to €3,772
of which Non-recurring financial charges: +€2,907
- Taxes +€408
new in 2025: €408
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 | €48,485 | €32,627 | -€15,858 | -32.7% |
| Fixed assets | 21/28 | €40,298 | €4,491 | -€35,808 | -88.9% |
| Intangible fixed assets | 21 | €8,678 | €4,491 | -€4,188 | -48.3% |
| Financial fixed assets | 28 | €31,620 | €0 | -€31,620 | -100% |
| Current assets | 29/58 | €8,187 | €28,137 | +€19,950 | +244% |
| Amounts receivable within one year | 40/41 | €1,696 | €18,870 | +€17,174 | +1,013% |
| Trade receivables | 40 | - | €6,925 | +€6,925 | |
| Other amounts receivable | 41 | €1,696 | €11,945 | +€10,249 | +604% |
| Cash at bank and in hand | 54/58 | €6,491 | €9,198 | +€2,707 | +41.7% |
| Deferred charges and accrued income | 490/1 | - | €69 | +€69 | |
| Total equity and liabilities | 10/49 | €48,485 | €32,627 | -€15,858 | -32.7% |
| Equity | 10/15 | -€14,439 | -€1,187 | +€13,252 | +91.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,839 | -€13,587 | +€13,252 | +49.4% |
| Amounts payable | 17/49 | €62,924 | €33,814 | -€29,110 | -46.3% |
| Amounts payable within one year | 42/48 | €62,924 | €33,814 | -€29,110 | -46.3% |
| Trade debts | 44 | €2,701 | €460 | -€2,241 | -83.0% |
| Suppliers | 440/4 | €2,701 | €460 | -€2,241 | -83.0% |
| Taxes, remuneration and social security | 45 | - | €10,394 | +€10,394 | |
| Taxes | 450/3 | - | €10,394 | +€10,394 | |
| Other amounts payable | 47/48 | €60,223 | €22,960 | -€37,262 | -61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,188 | €4,188 | -€0 | 0.0% |
| Other operating charges | 640/8 | €611 | €513 | -€98 | -16.0% |
| Gross operating margin | 9900 | -€14,366 | €22,124 | +€36,490 | |
| Operating profit (loss) | 9901 | -€19,165 | €17,423 | +€36,588 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €65 | €3,772 | +€3,707 | +5,700% |
| Recurring financial charges | 65 | €65 | €865 | +€800 | +1,231% |
| Non-recurring financial charges | 66B | - | €2,907 | +€2,907 | |
| Profit (loss) for the period before taxes | 9903 | -€19,230 | €13,660 | +€32,891 | |
| Income taxes | 67/77 | - | €408 | +€408 | |
| Profit (loss) for the period | 9904 | -€19,230 | €13,252 | +€32,482 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,230 | €13,252 | +€32,482 |
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 14 October 2026 via checked.be.