The Team Edit: 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 Team Edit
Largest movements
- Cash -€17,840
down €17,840 (-35.4%), from €50,415 to €32,574
mainly Tax, wage and social debts (-€8,625) and Receivables within one year (-€6,211)
- Receivables within one year +€6,211
up €6,211 (+875.1%), from €710 to €6,920
- Tangible fixed assets +€4,752
up €4,752 (+111.3%), from €4,271 to €9,023
of which Other tangible fixed assets: +€3,535
- Tax, wage and social debts -€8,625
down €8,625 (-56.1%), from €15,375 to €6,750
- Reserves +€3,327
up €3,327 (+10.5%), from €31,596 to €34,923
- Accrued charges and deferred income -€1,800
down €1,800 (-100.0%), from €1,800 to €0
- Gross operating margin -€35,887
down €35,887 (-80.7%), from €44,453 to €8,566
- Taxes -€7,403
down €7,403 (-84.4%), from €8,775 to €1,372
- Financial charges -€1,047
down €1,047 (-32.6%), from €3,215 to €2,168
- Depreciation +€967
up €967 (+214.4%), from €451 to €1,418
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 | €55,395 | €48,517 | -€6,878 | -12.4% |
| Fixed assets | 21/28 | €4,271 | €9,023 | +€4,752 | +111.3% |
| Tangible fixed assets | 22/27 | €4,271 | €9,023 | +€4,752 | +111.3% |
| Furniture and vehicles | 24 | - | €1,216 | +€1,216 | |
| Other tangible fixed assets | 26 | €4,271 | €7,806 | +€3,535 | +82.8% |
| Current assets | 29/58 | €51,124 | €39,494 | -€11,630 | -22.7% |
| Amounts receivable within one year | 40/41 | €710 | €6,920 | +€6,211 | +875.1% |
| Trade receivables | 40 | €710 | €6,920 | +€6,211 | +875.1% |
| Cash at bank and in hand | 54/58 | €50,415 | €32,574 | -€17,840 | -35.4% |
| Total equity and liabilities | 10/49 | €55,395 | €48,517 | -€6,878 | -12.4% |
| Equity | 10/15 | €34,096 | €37,423 | +€3,327 | +9.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €31,596 | €34,923 | +€3,327 | +10.5% |
| Distributable reserves | 133 | €31,596 | €34,923 | +€3,327 | +10.5% |
| Amounts payable | 17/49 | €21,299 | €11,094 | -€10,205 | -47.9% |
| Amounts payable within one year | 42/48 | €19,499 | €11,094 | -€8,405 | -43.1% |
| Trade debts | 44 | €1,520 | €1,257 | -€264 | -17.3% |
| Suppliers | 440/4 | €1,520 | €1,257 | -€264 | -17.3% |
| Taxes, remuneration and social security | 45 | €15,375 | €6,750 | -€8,625 | -56.1% |
| Taxes | 450/3 | €15,375 | €6,750 | -€8,625 | -56.1% |
| Other amounts payable | 47/48 | €2,604 | €3,088 | +€484 | +18.6% |
| Accrued charges and deferred income | 492/3 | €1,800 | €0 | -€1,800 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451 | €1,418 | +€967 | +214.4% |
| Other operating charges | 640/8 | €420 | €282 | -€138 | -32.8% |
| Gross operating margin | 9900 | €44,453 | €8,566 | -€35,887 | -80.7% |
| Operating profit (loss) | 9901 | €43,582 | €6,866 | -€36,716 | -84.2% |
| Financial income | 75/76B | €3 | €1 | -€3 | -81.0% |
| Recurring financial income | 75 | €3 | €1 | -€3 | -81.0% |
| Financial charges | 65/66B | €3,215 | €2,168 | -€1,047 | -32.6% |
| Recurring financial charges | 65 | €3,215 | €2,168 | -€1,047 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €40,370 | €4,699 | -€35,672 | -88.4% |
| Income taxes | 67/77 | €8,775 | €1,372 | -€7,403 | -84.4% |
| Profit (loss) for the period | 9904 | €31,596 | €3,327 | -€28,269 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,596 | €3,327 | -€28,269 | -89.5% |
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 9 October 2026 via checked.be.