They Dream: 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.
They Dream
Largest movements
- Receivables within one year +€439,603
up €439,603 (+341%), from €128,818 to €568,421
of which Trade receivables: +€424,804
- Cash +€41,860
up €41,860 (+3,990%), from €1,049 to €42,909
mainly Trade debts (+€159,693) and Other debts (+€159,500)
- Tangible fixed assets -€9,753
no longer reported in 2025 (was €9,753)
- Trade debts +€159,693
up €159,693 (+1,298%), from €12,302 to €171,995
- Other debts +€159,500
up €159,500 (+36.2%), from €441,000 to €600,500
- Profit (loss) carried forward +€137,638
up €137,638 (+36.5%), from -€376,757 to -€239,119
- Tax, wage and social debts +€7,707
up €7,707 (+15.6%), from €49,500 to €57,207
of which Taxes: +€24,276
- Accrued charges and deferred income +€7,172
up €7,172 (+667%), from €1,075 to €8,247
- Gross operating margin +€42,693
up €42,693 (+13.5%), from €315,880 to €358,573
- Other operating charges -€11,962
down €11,962 (-53.2%), from €22,506 to €10,544
- Depreciation -€4,876
no longer reported in 2025 (was €4,876)
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 | €154,620 | €626,330 | +€471,710 | +305% |
| Fixed assets | 21/28 | €24,753 | €15,000 | -€9,753 | -39.4% |
| Tangible fixed assets | 22/27 | €9,753 | - | -€9,753 | |
| Plant, machinery and equipment | 23 | €9,753 | - | -€9,753 | |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €129,867 | €611,330 | +€481,463 | +371% |
| Amounts receivable within one year | 40/41 | €128,818 | €568,421 | +€439,603 | +341% |
| Trade receivables | 40 | €127,624 | €552,428 | +€424,804 | +333% |
| Other amounts receivable | 41 | €1,194 | €15,993 | +€14,799 | +1,239% |
| Cash at bank and in hand | 54/58 | €1,049 | €42,909 | +€41,860 | +3,990% |
| Total equity and liabilities | 10/49 | €154,620 | €626,330 | +€471,710 | +305% |
| Equity | 10/15 | -€349,257 | -€211,619 | +€137,638 | +39.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€376,757 | -€239,119 | +€137,638 | +36.5% |
| Amounts payable | 17/49 | €503,877 | €837,949 | +€334,072 | +66.3% |
| Amounts payable within one year | 42/48 | €502,802 | €829,702 | +€326,900 | +65.0% |
| Trade debts | 44 | €12,302 | €171,995 | +€159,693 | +1,298% |
| Suppliers | 440/4 | €12,302 | €171,995 | +€159,693 | +1,298% |
| Taxes, remuneration and social security | 45 | €49,500 | €57,207 | +€7,707 | +15.6% |
| Taxes | 450/3 | €13,829 | €38,105 | +€24,276 | +176% |
| Remuneration and social security | 454/9 | €35,671 | €19,102 | -€16,569 | -46.4% |
| Other amounts payable | 47/48 | €441,000 | €600,500 | +€159,500 | +36.2% |
| Accrued charges and deferred income | 492/3 | €1,075 | €8,247 | +€7,172 | +667% |
| Remuneration, social security and pensions | 62 | €196,189 | €198,361 | +€2,172 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,876 | - | -€4,876 | |
| Other operating charges | 640/8 | €22,506 | €10,544 | -€11,962 | -53.2% |
| Gross operating margin | 9900 | €315,880 | €358,573 | +€42,693 | +13.5% |
| Operating profit (loss) | 9901 | €92,309 | €149,668 | +€57,359 | +62.1% |
| Financial charges | 65/66B | €10,482 | €10,937 | +€455 | +4.3% |
| Recurring financial charges | 65 | €10,482 | €10,937 | +€455 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €81,827 | €138,731 | +€56,904 | +69.5% |
| Income taxes | 67/77 | €408 | €1,093 | +€685 | +168% |
| Profit (loss) for the period | 9904 | €81,419 | €137,638 | +€56,219 | +69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €81,419 | €137,638 | +€56,219 | +69.0% |
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 19 October 2026 via checked.be.