To get There: 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 get There
Largest movements
- Tangible fixed assets -€6,756
down €6,756 (-25.1%), from €26,951 to €20,195
- Receivables within one year -€1,179
down €1,179 (-3.6%), from €32,597 to €31,418
- Debts after one year -€7,402
down €7,402 (-48.7%), from €15,188 to €7,786
- Other debts +€2,444
up €2,444 (+38.6%), from €6,340 to €8,784
- Trade debts -€1,307
down €1,307 (-77.7%), from €1,682 to €375
- Reserves -€1,149
down €1,149 (-2.0%), from €57,917 to €56,768
of which Distributable reserves: -€1,149
- Gross operating margin -€8,967
down €8,967 (-45.0%), from €19,912 to €10,945
- Taxes -€2,184
down €2,184 (-52.6%), from €4,150 to €1,966
- Other operating charges -€517
down €517 (-28.6%), from €1,808 to €1,291
- Financial charges -€248
down €248 (-10.6%), from €2,329 to €2,081
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,285 | €102,438 | -€7,847 | -7.1% |
| Fixed assets | 21/28 | €75,676 | €68,920 | -€6,756 | -8.9% |
| Tangible fixed assets | 22/27 | €26,951 | €20,195 | -€6,756 | -25.1% |
| Furniture and vehicles | 24 | €26,951 | €20,195 | -€6,756 | -25.1% |
| Financial fixed assets | 28 | €48,725 | €48,725 | = | 0.0% |
| Current assets | 29/58 | €34,609 | €33,518 | -€1,091 | -3.2% |
| Amounts receivable within one year | 40/41 | €32,597 | €31,418 | -€1,179 | -3.6% |
| Other amounts receivable | 41 | €32,597 | €31,418 | -€1,179 | -3.6% |
| Deferred charges and accrued income | 490/1 | €2,012 | €2,100 | +€88 | +4.4% |
| Total equity and liabilities | 10/49 | €110,285 | €102,438 | -€7,847 | -7.1% |
| Equity | 10/15 | €67,217 | €66,068 | -€1,149 | -1.7% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €57,917 | €56,768 | -€1,149 | -2.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €57,917 | €56,768 | -€1,149 | -2.0% |
| Amounts payable | 17/49 | €43,068 | €36,370 | -€6,698 | -15.6% |
| Amounts payable after more than one year | 17 | €15,188 | €7,786 | -€7,402 | -48.7% |
| Financial debts | 170/4 | €15,188 | €7,786 | -€7,402 | -48.7% |
| Amounts payable within one year | 42/48 | €27,280 | €27,936 | +€657 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €7,038 | €7,402 | +€364 | +5.2% |
| Financial debts | 43 | €7,270 | €6,425 | -€845 | -11.6% |
| Credit institutions | 430/8 | €7,270 | €6,425 | -€845 | -11.6% |
| Trade debts | 44 | €1,682 | €375 | -€1,307 | -77.7% |
| Suppliers | 440/4 | €1,682 | €375 | -€1,307 | -77.7% |
| Taxes, remuneration and social security | 45 | €4,950 | €4,950 | = | 0.0% |
| Taxes | 450/3 | €4,950 | €4,950 | = | 0.0% |
| Other amounts payable | 47/48 | €6,340 | €8,784 | +€2,444 | +38.6% |
| Accrued charges and deferred income | 492/3 | €600 | €648 | +€48 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,630 | €6,756 | +€126 | +1.9% |
| Other operating charges | 640/8 | €1,808 | €1,291 | -€517 | -28.6% |
| Gross operating margin | 9900 | €19,912 | €10,945 | -€8,967 | -45.0% |
| Operating profit (loss) | 9901 | €11,474 | €2,898 | -€8,576 | -74.7% |
| Financial charges | 65/66B | €2,329 | €2,081 | -€248 | -10.6% |
| Recurring financial charges | 65 | €2,329 | €2,081 | -€248 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €9,145 | €817 | -€8,328 | -91.1% |
| Income taxes | 67/77 | €4,150 | €1,966 | -€2,184 | -52.6% |
| Profit (loss) for the period | 9904 | €4,995 | -€1,149 | -€6,144 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,995 | -€1,149 | -€6,144 |
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 28 October 2026 via checked.be.