TRADING & MARKETING DIFFUSION: 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.
TRADING & MARKETING DIFFUSION
Largest movements
- Cash +€29,953
new in 2025: €29,953
mainly Net result for the year (+€30,182) and Receivables within one year (+€26,832)
- Receivables within one year -€26,832
down €26,832 (-15.0%), from €178,796 to €151,964
of which Trade receivables: -€31,281
- Tangible fixed assets -€5,802
down €5,802 (-13.1%), from €44,241 to €38,438
of which Furniture and vehicles: -€10,129
- Reserves +€30,182
up €30,182 (+1,623%), from €1,860 to €32,042
of which Distributable reserves: +€30,182
- Short-term financial debts -€19,565
down €19,565 (-68.0%), from €28,755 to €9,191
of which Credit institutions: -€19,561
- Trade debts -€15,031
down €15,031 (-91.8%), from €16,366 to €1,335
- Gross operating margin +€66,477
up €66,477 (+104%), from €63,746 to €130,223
- Staff costs +€28,314
up €28,314 (+61.3%), from €46,166 to €74,480
- Taxes +€10,527
up €10,527 (+302%), from €3,481 to €14,008
- Financial charges +€1,726
up €1,726 (+64.9%), from €2,660 to €4,386
- Depreciation -€1,523
down €1,523 (-11.1%), from €13,688 to €12,165
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 | €385,584 | €382,690 | -€2,895 | -0.8% |
| Fixed assets | 21/28 | €204,077 | €198,274 | -€5,802 | -2.8% |
| Tangible fixed assets | 22/27 | €44,241 | €38,438 | -€5,802 | -13.1% |
| Furniture and vehicles | 24 | €22,754 | €12,625 | -€10,129 | -44.5% |
| Other tangible fixed assets | 26 | €21,486 | €25,813 | +€4,327 | +20.1% |
| Financial fixed assets | 28 | €159,836 | €159,836 | = | 0.0% |
| Current assets | 29/58 | €181,507 | €184,415 | +€2,908 | +1.6% |
| Amounts receivable within one year | 40/41 | €178,796 | €151,964 | -€26,832 | -15.0% |
| Trade receivables | 40 | €64,040 | €32,759 | -€31,281 | -48.8% |
| Other amounts receivable | 41 | €114,755 | €119,205 | +€4,449 | +3.9% |
| Cash at bank and in hand | 54/58 | - | €29,953 | +€29,953 | |
| Deferred charges and accrued income | 490/1 | €2,712 | €2,498 | -€213 | -7.9% |
| Total equity and liabilities | 10/49 | €385,584 | €382,690 | -€2,895 | -0.8% |
| Equity | 10/15 | €326,974 | €357,156 | +€30,182 | +9.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €32,042 | +€30,182 | +1,623% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €30,182 | +€30,182 | |
| Profit (loss) carried forward | 14 | €312,714 | €312,714 | = | 0.0% |
| Amounts payable | 17/49 | €58,610 | €25,533 | -€33,077 | -56.4% |
| Amounts payable within one year | 42/48 | €58,610 | €25,533 | -€33,077 | -56.4% |
| Financial debts | 43 | €28,755 | €9,191 | -€19,565 | -68.0% |
| Credit institutions | 430/8 | €19,561 | - | -€19,561 | |
| Other loans | 439 | €9,195 | €9,191 | -€4 | 0.0% |
| Trade debts | 44 | €16,366 | €1,335 | -€15,031 | -91.8% |
| Suppliers | 440/4 | €16,366 | €1,335 | -€15,031 | -91.8% |
| Taxes, remuneration and social security | 45 | €13,488 | €15,007 | +€1,519 | +11.3% |
| Taxes | 450/3 | €1,664 | €5,753 | +€4,089 | +246% |
| Remuneration and social security | 454/9 | €11,824 | €9,254 | -€2,570 | -21.7% |
| Remuneration, social security and pensions | 62 | €46,166 | €74,480 | +€28,314 | +61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,688 | €12,165 | -€1,523 | -11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €240 | +€240 | |
| Other operating charges | 640/8 | €1,709 | €1,651 | -€58 | -3.4% |
| Gross operating margin | 9900 | €63,746 | €130,223 | +€66,477 | +104% |
| Operating profit (loss) | 9901 | €2,182 | €41,686 | +€39,503 | +1,810% |
| Financial income | 75/76B | €5,937 | €6,890 | +€952 | +16.0% |
| Recurring financial income | 75 | €5,937 | €6,890 | +€952 | +16.0% |
| Financial charges | 65/66B | €2,660 | €4,386 | +€1,726 | +64.9% |
| Recurring financial charges | 65 | €2,660 | €4,386 | +€1,726 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | €5,460 | €44,190 | +€38,730 | +709% |
| Income taxes | 67/77 | €3,481 | €14,008 | +€10,527 | +302% |
| Profit (loss) for the period | 9904 | €1,979 | €30,182 | +€28,203 | +1,425% |
| Profit (loss) for the period to be appropriated | 9905 | €1,979 | €30,182 | +€28,203 | +1,425% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.