ThisWay: 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.
ThisWay
Largest movements
- Receivables within one year -€34,338
down €34,338 (-67.8%), from €50,636 to €16,299
of which Trade receivables: -€28,154
- Cash +€15,678
up €15,678 (+12.6%), from €124,137 to €139,815
mainly Receivables within one year (+€34,338) and Deferred charges and accrued income (+€9,277)
- Deferred charges and accrued income -€9,277
down €9,277 (-88.3%), from €10,506 to €1,229
- Trade debts -€42,615
down €42,615 (-63.2%), from €67,404 to €24,789
- Tax, wage and social debts +€6,402
up €6,402 (+172%), from €3,719 to €10,121
of which Remuneration and social security: +€6,861
- Accrued charges and deferred income +€5,543
up €5,543 (+49.3%), from €11,254 to €16,797
- Reserves +€3,281
up €3,281 (+3.6%), from €91,421 to €94,702
- Other debts -€2,676
down €2,676 (-20.1%), from €13,338 to €10,662
- Staff costs +€20,963
new in 2025: €20,963
- Gross operating margin +€18,101
up €18,101 (+151%), from €11,949 to €30,050
- Taxes -€1,282
down €1,282 (-44.4%), from €2,886 to €1,605
- Financial charges +€674
up €674 (+77.8%), from €867 to €1,541
- Depreciation -€559
down €559 (-20.8%), from €2,687 to €2,129
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 | €188,137 | €158,071 | -€30,065 | -16.0% |
| Fixed assets | 21/28 | €2,858 | €729 | -€2,129 | -74.5% |
| Intangible fixed assets | 21 | €1,224 | €64 | -€1,160 | -94.8% |
| Tangible fixed assets | 22/27 | €1,634 | €666 | -€969 | -59.3% |
| Furniture and vehicles | 24 | €1,634 | €666 | -€969 | -59.3% |
| Current assets | 29/58 | €185,279 | €157,342 | -€27,937 | -15.1% |
| Amounts receivable within one year | 40/41 | €50,636 | €16,299 | -€34,338 | -67.8% |
| Trade receivables | 40 | €44,177 | €16,022 | -€28,154 | -63.7% |
| Other amounts receivable | 41 | €6,459 | €276 | -€6,183 | -95.7% |
| Cash at bank and in hand | 54/58 | €124,137 | €139,815 | +€15,678 | +12.6% |
| Deferred charges and accrued income | 490/1 | €10,506 | €1,229 | -€9,277 | -88.3% |
| Total equity and liabilities | 10/49 | €188,137 | €158,071 | -€30,065 | -16.0% |
| Equity | 10/15 | €92,421 | €95,702 | +€3,281 | +3.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €91,421 | €94,702 | +€3,281 | +3.6% |
| Distributable reserves | 133 | €91,421 | €94,702 | +€3,281 | +3.6% |
| Amounts payable | 17/49 | €95,716 | €62,369 | -€33,347 | -34.8% |
| Amounts payable within one year | 42/48 | €84,462 | €45,572 | -€38,890 | -46.0% |
| Trade debts | 44 | €67,404 | €24,789 | -€42,615 | -63.2% |
| Suppliers | 440/4 | €67,404 | €24,789 | -€42,615 | -63.2% |
| Taxes, remuneration and social security | 45 | €3,719 | €10,121 | +€6,402 | +172% |
| Taxes | 450/3 | €3,719 | €3,260 | -€459 | -12.3% |
| Remuneration and social security | 454/9 | - | €6,861 | +€6,861 | |
| Other amounts payable | 47/48 | €13,338 | €10,662 | -€2,676 | -20.1% |
| Accrued charges and deferred income | 492/3 | €11,254 | €16,797 | +€5,543 | +49.3% |
| Remuneration, social security and pensions | 62 | - | €20,963 | +€20,963 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,687 | €2,129 | -€559 | -20.8% |
| Other operating charges | 640/8 | €525 | €531 | +€7 | +1.2% |
| Gross operating margin | 9900 | €11,949 | €30,050 | +€18,101 | +151% |
| Operating profit (loss) | 9901 | €8,737 | €6,428 | -€2,309 | -26.4% |
| Financial charges | 65/66B | €867 | €1,541 | +€674 | +77.8% |
| Recurring financial charges | 65 | €867 | €1,541 | +€674 | +77.8% |
| Profit (loss) for the period before taxes | 9903 | €7,870 | €4,886 | -€2,984 | -37.9% |
| Income taxes | 67/77 | €2,886 | €1,605 | -€1,282 | -44.4% |
| Profit (loss) for the period | 9904 | €4,983 | €3,281 | -€1,702 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,983 | €3,281 | -€1,702 | -34.2% |
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 16 October 2026 via checked.be.