Transition Jump: 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.
Transition Jump
Largest movements
- Receivables within one year -€35,816
down €35,816 (-23.5%), from €152,460 to €116,644
of which Trade receivables: -€35,816
- Cash -€12,639
down €12,639 (-56.5%), from €22,376 to €9,737
mainly Other debts (-€43,118) and Investment in fixed assets (net) (-€31,276)
- Tangible fixed assets +€11,048
up €11,048 (+15.3%), from €72,075 to €83,122
of which Other tangible fixed assets: +€29,736
- Other debts -€43,118
down €43,118 (-79.6%), from €54,140 to €11,022
- Reserves +€28,868
up €28,868 (+26.9%), from €107,192 to €136,060
- Debts after one year -€11,721
down €11,721 (-26.6%), from €44,137 to €32,416
- Tax, wage and social debts -€11,014
down €11,014 (-51.2%), from €21,500 to €10,486
- Trade debts -€4,175
down €4,175 (-95.0%), from €4,394 to €220
- Depreciation +€9,833
up €9,833 (+94.6%), from €10,395 to €20,229
- Taxes -€3,024
down €3,024 (-25.4%), from €11,884 to €8,860
- Financial charges +€1,243
up €1,243 (+63.0%), from €1,972 to €3,215
- Gross operating margin +€921
up €921 (+1.5%), from €60,834 to €61,755
- Other operating charges -€680
down €680 (-53.9%), from €1,262 to €582
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 | €247,914 | €210,651 | -€37,263 | -15.0% |
| Fixed assets | 21/28 | €72,075 | €83,122 | +€11,048 | +15.3% |
| Tangible fixed assets | 22/27 | €72,075 | €83,122 | +€11,048 | +15.3% |
| Plant, machinery and equipment | 23 | €2,567 | €933 | -€1,634 | -63.7% |
| Furniture and vehicles | 24 | €69,508 | €52,454 | -€17,054 | -24.5% |
| Other tangible fixed assets | 26 | - | €29,736 | +€29,736 | |
| Current assets | 29/58 | €175,839 | €127,529 | -€48,310 | -27.5% |
| Amounts receivable within one year | 40/41 | €152,460 | €116,644 | -€35,816 | -23.5% |
| Trade receivables | 40 | €152,460 | €116,644 | -€35,816 | -23.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €22,376 | €9,737 | -€12,639 | -56.5% |
| Deferred charges and accrued income | 490/1 | €1,003 | €1,148 | +€145 | +14.4% |
| Total equity and liabilities | 10/49 | €247,914 | €210,651 | -€37,263 | -15.0% |
| Equity | 10/15 | €110,192 | €139,060 | +€28,868 | +26.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €107,192 | €136,060 | +€28,868 | +26.9% |
| Distributable reserves | 133 | €107,192 | €136,060 | +€28,868 | +26.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €137,722 | €71,591 | -€66,131 | -48.0% |
| Amounts payable after more than one year | 17 | €44,137 | €32,416 | -€11,721 | -26.6% |
| Financial debts | 170/4 | €44,137 | €32,416 | -€11,721 | -26.6% |
| Amounts payable within one year | 42/48 | €91,432 | €36,845 | -€54,587 | -59.7% |
| Current portion of amounts payable after more than one year | 42 | €11,286 | €11,721 | +€435 | +3.9% |
| Financial debts | 43 | €112 | €3,396 | +€3,284 | +2933.0% |
| Credit institutions | 430/8 | €112 | €3,396 | +€3,284 | +2933.0% |
| Trade debts | 44 | €4,394 | €220 | -€4,175 | -95.0% |
| Suppliers | 440/4 | €4,394 | €220 | -€4,175 | -95.0% |
| Taxes, remuneration and social security | 45 | €21,500 | €10,486 | -€11,014 | -51.2% |
| Taxes | 450/3 | €21,500 | €10,486 | -€11,014 | -51.2% |
| Other amounts payable | 47/48 | €54,140 | €11,022 | -€43,118 | -79.6% |
| Accrued charges and deferred income | 492/3 | €2,153 | €2,330 | +€177 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,395 | €20,229 | +€9,833 | +94.6% |
| Other operating charges | 640/8 | €1,262 | €582 | -€680 | -53.9% |
| Gross operating margin | 9900 | €60,834 | €61,755 | +€921 | +1.5% |
| Operating profit (loss) | 9901 | €49,176 | €40,943 | -€8,233 | -16.7% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100.0% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100.0% |
| Financial charges | 65/66B | €1,972 | €3,215 | +€1,243 | +63.0% |
| Recurring financial charges | 65 | €1,972 | €3,215 | +€1,243 | +63.0% |
| Profit (loss) for the period before taxes | 9903 | €47,209 | €37,729 | -€9,481 | -20.1% |
| Income taxes | 67/77 | €11,884 | €8,860 | -€3,024 | -25.4% |
| Profit (loss) for the period | 9904 | €35,325 | €28,868 | -€6,457 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,325 | €28,868 | -€6,457 | -18.3% |
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 9 October 2026 via checked.be.