THUMBS UP: 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.
THUMBS UP
Largest movements
- Cash +€9,169
up €9,169 (+100.0%), from €9,169 to €18,339
mainly Depreciation (+€13,123) and Net result for the year (+€5,078)
- Intangible fixed assets -€7,760
down €7,760 (-12.1%), from €64,020 to €56,260
- Deferred charges and accrued income -€4,083
down €4,083 (-66.0%), from €6,185 to €2,102
- Receivables within one year -€3,392
down €3,392 (-15.7%), from €21,544 to €18,152
of which Trade receivables: -€1,916
- Tangible fixed assets +€1,972
up €1,972 (+11.1%), from €17,816 to €19,788
of which Furniture and vehicles: +€5,409
- Debts after one year -€9,485
down €9,485 (-11.2%), from €84,841 to €75,356
- Profit (loss) carried forward +€5,078
up €5,078 (+9.9%), from -€51,097 to -€46,019
- Short-term financial debts -€1,563
down €1,563 (-51.3%), from €3,045 to €1,482
- Trade debts +€1,262
up €1,262 (+30.7%), from €4,109 to €5,371
- Taxes -€8,892
down €8,892 (-47.1%), from €18,875 to €9,982
- Gross operating margin +€1,566
up €1,566 (+4.9%), from €32,266 to €33,831
- Financial income -€414
down €414 (-98.7%), from €419 to €5
- Financial charges -€360
down €360 (-9.5%), from €3,798 to €3,438
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 | €123,580 | €119,487 | -€4,093 | -3.3% |
| Fixed assets | 21/28 | €86,682 | €80,894 | -€5,788 | -6.7% |
| Intangible fixed assets | 21 | €64,020 | €56,260 | -€7,760 | -12.1% |
| Tangible fixed assets | 22/27 | €17,816 | €19,788 | +€1,972 | +11.1% |
| Plant, machinery and equipment | 23 | €15,410 | €11,974 | -€3,436 | -22.3% |
| Furniture and vehicles | 24 | €2,406 | €7,814 | +€5,409 | +224.8% |
| Financial fixed assets | 28 | €4,847 | €4,847 | = | 0.0% |
| Current assets | 29/58 | €36,898 | €38,593 | +€1,695 | +4.6% |
| Amounts receivable within one year | 40/41 | €21,544 | €18,152 | -€3,392 | -15.7% |
| Trade receivables | 40 | €20,068 | €18,152 | -€1,916 | -9.5% |
| Other amounts receivable | 41 | €1,476 | - | -€1,476 | |
| Cash at bank and in hand | 54/58 | €9,169 | €18,339 | +€9,169 | +100.0% |
| Deferred charges and accrued income | 490/1 | €6,185 | €2,102 | -€4,083 | -66.0% |
| Total equity and liabilities | 10/49 | €123,580 | €119,487 | -€4,093 | -3.3% |
| Equity | 10/15 | €13,663 | €18,741 | +€5,078 | +37.2% |
| Contributions | 10/11 | €62,900 | €62,900 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,097 | -€46,019 | +€5,078 | +9.9% |
| Amounts payable | 17/49 | €109,917 | €100,746 | -€9,171 | -8.3% |
| Amounts payable after more than one year | 17 | €84,841 | €75,356 | -€9,485 | -11.2% |
| Financial debts | 170/4 | €84,841 | €75,356 | -€9,485 | -11.2% |
| Amounts payable within one year | 42/48 | €25,076 | €25,390 | +€314 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €9,164 | €9,485 | +€321 | +3.5% |
| Financial debts | 43 | €3,045 | €1,482 | -€1,563 | -51.3% |
| Credit institutions | 430/8 | €3,045 | €1,482 | -€1,563 | -51.3% |
| Trade debts | 44 | €4,109 | €5,371 | +€1,262 | +30.7% |
| Suppliers | 440/4 | €4,109 | €5,371 | +€1,262 | +30.7% |
| Taxes, remuneration and social security | 45 | €8,758 | €8,466 | -€292 | -3.3% |
| Taxes | 450/3 | €7,704 | €8,466 | +€762 | +9.9% |
| Remuneration and social security | 454/9 | €1,054 | - | -€1,054 | |
| Other amounts payable | 47/48 | - | €586 | +€586 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,796 | €13,123 | +€327 | +2.6% |
| Other operating charges | 640/8 | €1,919 | €2,216 | +€297 | +15.5% |
| Gross operating margin | 9900 | €32,266 | €33,831 | +€1,566 | +4.9% |
| Operating profit (loss) | 9901 | €17,550 | €18,492 | +€942 | +5.4% |
| Financial income | 75/76B | €419 | €5 | -€414 | -98.7% |
| Recurring financial income | 75 | €419 | €5 | -€414 | -98.7% |
| Financial charges | 65/66B | €3,798 | €3,438 | -€360 | -9.5% |
| Recurring financial charges | 65 | €3,798 | €3,438 | -€360 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €14,172 | €15,060 | +€888 | +6.3% |
| Income taxes | 67/77 | €18,875 | €9,982 | -€8,892 | -47.1% |
| Profit (loss) for the period | 9904 | -€4,703 | €5,078 | +€9,781 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,703 | €5,078 | +€9,781 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.