To Be Comm: 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.
To Be Comm
Largest movements
- Tangible fixed assets +€36,295
up €36,295 (+36.5%), from €99,464 to €135,759
- Receivables within one year +€30,177
up €30,177 (+96.8%), from €31,165 to €61,341
of which Trade receivables: +€35,235
- Cash -€18,497
down €18,497 (-53.5%), from €34,596 to €16,099
mainly Investment in fixed assets (net) (-€63,057) and Other debts (-€48,977)
- Financial fixed assets +€10,150
up €10,150 (+1.7%), from €596,910 to €607,060
- Profit (loss) carried forward +€108,897
up €108,897 (+66.2%), from €164,483 to €273,380
- Other debts -€48,977
down €48,977 (-20.3%), from €241,391 to €192,414
- Debts after one year -€11,469
down €11,469 (-5.0%), from €231,046 to €219,576
- Gross operating margin +€26,234
up €26,234 (+15.8%), from €166,300 to €192,534
- Depreciation -€9,844
down €9,844 (-37.2%), from €26,455 to €16,612
- Taxes +€8,058
up €8,058 (+25.5%), from €31,540 to €39,599
- Other operating charges +€5,099
up €5,099 (+1,593%), from €320 to €5,419
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €767,344 | €827,794 | +€60,450 | +7.9% |
| Fixed assets | 21/28 | €696,374 | €742,819 | +€46,445 | +6.7% |
| Tangible fixed assets | 22/27 | €99,464 | €135,759 | +€36,295 | +36.5% |
| Furniture and vehicles | 24 | €99,464 | €135,759 | +€36,295 | +36.5% |
| Financial fixed assets | 28 | €596,910 | €607,060 | +€10,150 | +1.7% |
| Current assets | 29/58 | €70,970 | €84,975 | +€14,005 | +19.7% |
| Amounts receivable within one year | 40/41 | €31,165 | €61,341 | +€30,177 | +96.8% |
| Trade receivables | 40 | €12,705 | €47,940 | +€35,235 | +277% |
| Other amounts receivable | 41 | €18,460 | €13,401 | -€5,058 | -27.4% |
| Cash at bank and in hand | 54/58 | €34,596 | €16,099 | -€18,497 | -53.5% |
| Deferred charges and accrued income | 490/1 | €5,209 | €7,535 | +€2,326 | +44.7% |
| Total equity and liabilities | 10/49 | €767,344 | €827,794 | +€60,450 | +7.9% |
| Equity | 10/15 | €194,142 | €303,039 | +€108,897 | +56.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,058 | €11,058 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €11,058 | €11,058 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,483 | €273,380 | +€108,897 | +66.2% |
| Amounts payable | 17/49 | €573,202 | €524,755 | -€48,447 | -8.5% |
| Amounts payable after more than one year | 17 | €231,046 | €219,576 | -€11,469 | -5.0% |
| Financial debts | 170/4 | €231,046 | €219,576 | -€11,469 | -5.0% |
| Amounts payable within one year | 42/48 | €336,384 | €299,134 | -€37,250 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €70,391 | €77,261 | +€6,871 | +9.8% |
| Financial debts | 43 | €10,175 | €10,103 | -€72 | -0.7% |
| Credit institutions | 430/8 | €10,175 | €10,103 | -€72 | -0.7% |
| Trade debts | 44 | €5,430 | €2,932 | -€2,498 | -46.0% |
| Suppliers | 440/4 | €5,430 | €2,932 | -€2,498 | -46.0% |
| Taxes, remuneration and social security | 45 | €8,998 | €16,424 | +€7,426 | +82.5% |
| Taxes | 450/3 | €8,998 | €16,424 | +€7,426 | +82.5% |
| Other amounts payable | 47/48 | €241,391 | €192,414 | -€48,977 | -20.3% |
| Accrued charges and deferred income | 492/3 | €5,772 | €6,045 | +€273 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,455 | €16,612 | -€9,844 | -37.2% |
| Other operating charges | 640/8 | €320 | €5,419 | +€5,099 | +1,593% |
| Gross operating margin | 9900 | €166,300 | €192,534 | +€26,234 | +15.8% |
| Operating profit (loss) | 9901 | €139,524 | €170,504 | +€30,979 | +22.2% |
| Financial income | 75/76B | €153 | €230 | +€77 | +50.6% |
| Recurring financial income | 75 | €153 | €230 | +€77 | +50.6% |
| Financial charges | 65/66B | €23,393 | €22,238 | -€1,155 | -4.9% |
| Recurring financial charges | 65 | €23,393 | €22,238 | -€1,155 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €116,284 | €148,496 | +€32,212 | +27.7% |
| Income taxes | 67/77 | €31,540 | €39,599 | +€8,058 | +25.5% |
| Profit (loss) for the period | 9904 | €84,743 | €108,897 | +€24,154 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €84,743 | €108,897 | +€24,154 | +28.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.