TRENDEUX: what changed
Two fiscal 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.
TRENDEUX
Largest movements
- Receivables within one year -€8,363
down €8,363 (-100.0%), from €8,363 to €0
of which Other amounts receivable: -€8,000
- Stocks and contracts +€6,773
up €6,773 (+55.4%), from €12,226 to €19,000
- Tangible fixed assets -€4,628
down €4,628 (-33.4%), from €13,845 to €9,217
of which Plant, machinery and equipment: -€2,867
- Profit (loss) carried forward -€26,204
down €26,204 (-30597.5%), from -€86 to -€26,289
- Tax, wage and social debts +€11,659
up €11,659 (+36.1%), from €32,319 to €43,978
of which Remuneration and social security: +€9,592
- Other debts +€7,027
up €7,027 (+351.9%), from €1,997 to €9,024
- Trade debts +€1,153
up €1,153 (+10.3%), from €11,196 to €12,348
- Gross operating margin -€14,096
down €14,096 (-7.0%), from €202,192 to €188,095
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 | €67,815 | €61,185 | -€6,630 | -9.8% |
| Fixed assets | 21/28 | €13,845 | €9,217 | -€4,628 | -33.4% |
| Tangible fixed assets | 22/27 | €13,845 | €9,217 | -€4,628 | -33.4% |
| Plant, machinery and equipment | 23 | €7,714 | €4,847 | -€2,867 | -37.2% |
| Furniture and vehicles | 24 | €6,131 | €4,371 | -€1,761 | -28.7% |
| Current assets | 29/58 | €53,970 | €51,967 | -€2,003 | -3.7% |
| Stocks and contracts in progress | 3 | €12,226 | €19,000 | +€6,773 | +55.4% |
| Stocks | 30/36 | €12,226 | €19,000 | +€6,773 | +55.4% |
| Amounts receivable within one year | 40/41 | €8,363 | €0 | -€8,363 | -100.0% |
| Trade receivables | 40 | €363 | €0 | -€363 | -100.0% |
| Other amounts receivable | 41 | €8,000 | €0 | -€8,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €28,749 | €28,785 | +€37 | +0.1% |
| Deferred charges and accrued income | 490/1 | €4,632 | €4,182 | -€450 | -9.7% |
| Total equity and liabilities | 10/49 | €67,815 | €61,185 | -€6,630 | -9.8% |
| Equity | 10/15 | €18,514 | -€7,689 | -€26,204 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€86 | -€26,289 | -€26,204 | -30597.5% |
| Amounts payable | 17/49 | €49,301 | €68,874 | +€19,573 | +39.7% |
| Amounts payable within one year | 42/48 | €49,301 | €68,874 | +€19,573 | +39.7% |
| Trade debts | 44 | €11,196 | €12,348 | +€1,153 | +10.3% |
| Suppliers | 440/4 | €11,196 | €12,348 | +€1,153 | +10.3% |
| Advances received on contracts in progress | 46 | €3,789 | €3,523 | -€266 | -7.0% |
| Taxes, remuneration and social security | 45 | €32,319 | €43,978 | +€11,659 | +36.1% |
| Taxes | 450/3 | €20,169 | €22,236 | +€2,068 | +10.3% |
| Remuneration and social security | 454/9 | €12,150 | €21,742 | +€9,592 | +78.9% |
| Other amounts payable | 47/48 | €1,997 | €9,024 | +€7,027 | +351.9% |
| Remuneration, social security and pensions | 62 | €200,175 | €201,923 | +€1,748 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,167 | €4,628 | +€461 | +11.1% |
| Other operating charges | 640/8 | €3,586 | €2,972 | -€614 | -17.1% |
| Gross operating margin | 9900 | €202,192 | €188,095 | -€14,096 | -7.0% |
| Operating profit (loss) | 9901 | -€5,736 | -€21,427 | -€15,691 | -273.6% |
| Financial income | 75/76B | €1,023 | €1 | -€1,023 | -99.9% |
| Recurring financial income | 75 | €1,023 | €1 | -€1,023 | -99.9% |
| Financial charges | 65/66B | €3,484 | €4,736 | +€1,252 | +35.9% |
| Recurring financial charges | 65 | €3,484 | €4,736 | +€1,252 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,196 | -€26,162 | -€17,966 | -219.2% |
| Income taxes | 67/77 | -€5 | €42 | +€47 | |
| Profit (loss) for the period | 9904 | -€8,191 | -€26,204 | -€18,012 | -219.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,191 | -€26,204 | -€18,012 | -219.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.