TOP DEAL: 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.
TOP DEAL
Largest movements
- Cash +€9,437
up €9,437 (+125%), from €7,523 to €16,960
mainly Other debts (+€18,187) and Depreciation (+€15,017)
- Receivables within one year -€7,431
down €7,431 (-38.1%), from €19,497 to €12,066
of which Other amounts receivable: -€5,404
- Tangible fixed assets -€1,553
down €1,553 (-3.1%), from €49,889 to €48,337
of which Furniture and vehicles: -€12,963
- Other debts +€18,187
up €18,187 (+55.1%), from €32,989 to €51,177
- Profit (loss) carried forward -€6,569
down €6,569 (-60.3%), from -€10,897 to -€17,466
- Current portion of long-term debt -€6,532
down €6,532 (-100%), from €6,532 to €0
- Tax, wage and social debts -€2,886
down €2,886 (-37.0%), from €7,792 to €4,906
of which Remuneration and social security: -€1,500
- Trade debts -€1,402
down €1,402 (-74.4%), from €1,885 to €483
- Gross operating margin +€5,019
up €5,019 (+70.3%), from €7,135 to €12,154
- Depreciation +€505
up €505 (+3.5%), from €14,513 to €15,017
- Other operating charges +€135
up €135 (+9.3%), from €1,454 to €1,589
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 | €79,981 | €80,783 | +€803 | +1.0% |
| Fixed assets | 21/28 | €49,889 | €48,337 | -€1,553 | -3.1% |
| Tangible fixed assets | 22/27 | €49,889 | €48,337 | -€1,553 | -3.1% |
| Plant, machinery and equipment | 23 | €59 | €2,903 | +€2,845 | +4,861% |
| Furniture and vehicles | 24 | €44,269 | €31,306 | -€12,963 | -29.3% |
| Other tangible fixed assets | 26 | €5,561 | €14,127 | +€8,566 | +154% |
| Current assets | 29/58 | €30,092 | €32,447 | +€2,355 | +7.8% |
| Amounts receivable within one year | 40/41 | €19,497 | €12,066 | -€7,431 | -38.1% |
| Trade receivables | 40 | €14,093 | €12,066 | -€2,027 | -14.4% |
| Other amounts receivable | 41 | €5,404 | €0 | -€5,404 | -100% |
| Cash at bank and in hand | 54/58 | €7,523 | €16,960 | +€9,437 | +125% |
| Deferred charges and accrued income | 490/1 | €3,072 | €3,421 | +€349 | +11.4% |
| Total equity and liabilities | 10/49 | €79,981 | €80,783 | +€803 | +1.0% |
| Equity | 10/15 | €19,488 | €12,919 | -€6,569 | -33.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,785 | €11,785 | = | 0.0% |
| Distributable reserves | 133 | €11,785 | €11,785 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,897 | -€17,466 | -€6,569 | -60.3% |
| Amounts payable | 17/49 | €60,493 | €67,864 | +€7,371 | +12.2% |
| Amounts payable after more than one year | 17 | €11,000 | €11,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €11,000 | €11,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,198 | €56,565 | +€7,367 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €6,532 | €0 | -€6,532 | -100% |
| Trade debts | 44 | €1,885 | €483 | -€1,402 | -74.4% |
| Suppliers | 440/4 | €1,885 | €483 | -€1,402 | -74.4% |
| Taxes, remuneration and social security | 45 | €7,792 | €4,906 | -€2,886 | -37.0% |
| Taxes | 450/3 | €6,292 | €4,906 | -€1,386 | -22.0% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100% |
| Other amounts payable | 47/48 | €32,989 | €51,177 | +€18,187 | +55.1% |
| Accrued charges and deferred income | 492/3 | €295 | €299 | +€4 | +1.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,513 | €15,017 | +€505 | +3.5% |
| Other operating charges | 640/8 | €1,454 | €1,589 | +€135 | +9.3% |
| Gross operating margin | 9900 | €7,135 | €12,154 | +€5,019 | +70.3% |
| Operating profit (loss) | 9901 | -€8,832 | -€4,453 | +€4,379 | +49.6% |
| Financial income | 75/76B | €76 | €10 | -€66 | -86.8% |
| Recurring financial income | 75 | €76 | €10 | -€66 | -86.8% |
| Financial charges | 65/66B | €2,045 | €1,983 | -€62 | -3.0% |
| Recurring financial charges | 65 | €2,045 | €1,983 | -€62 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,801 | -€6,426 | +€4,375 | +40.5% |
| Income taxes | 67/77 | €96 | €143 | +€47 | +48.9% |
| Profit (loss) for the period | 9904 | -€10,897 | -€6,569 | +€4,328 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,897 | -€6,569 | +€4,328 | +39.7% |
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 17 October 2026 via checked.be.