Trick: 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.
Trick
Largest movements
- Tangible fixed assets +€28,104
new in 2025: €28,104
- Receivables within one year +€23,701
up €23,701 (+30.4%), from €78,011 to €101,712
of which Trade receivables: +€19,486
- Cash +€12,322
up €12,322 (+296.0%), from €4,163 to €16,485
mainly Tax, wage and social debts (+€22,961) and Debts after one year (+€18,205)
- Tax, wage and social debts +€22,961
up €22,961 (+238.3%), from €9,635 to €32,596
of which Taxes: +€17,807
- Debts after one year +€18,205
new in 2025: €18,205
- Reserves +€10,699
up €10,699 (+16.3%), from €65,662 to €76,361
of which Distributable reserves: +€10,699
- Trade debts +€6,650
up €6,650 (+700.6%), from €949 to €7,600
- Current portion of long-term debt +€4,613
new in 2025: €4,613
- Gross operating margin +€35,857
up €35,857 (+34.6%), from €103,501 to €139,358
- Staff costs +€28,641
up €28,641 (+31.3%), from €91,450 to €120,091
- Depreciation +€3,266
up €3,266, from €0 to €3,266
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 | €82,446 | €146,574 | +€64,128 | +77.8% |
| Fixed assets | 21/28 | €272 | €28,376 | +€28,104 | +10326.4% |
| Tangible fixed assets | 22/27 | - | €28,104 | +€28,104 | |
| Leasing and similar rights | 25 | - | €28,104 | +€28,104 | |
| Financial fixed assets | 28 | €272 | €272 | = | 0.0% |
| Current assets | 29/58 | €82,174 | €118,198 | +€36,023 | +43.8% |
| Amounts receivable within one year | 40/41 | €78,011 | €101,712 | +€23,701 | +30.4% |
| Trade receivables | 40 | €77,186 | €96,671 | +€19,486 | +25.2% |
| Other amounts receivable | 41 | €825 | €5,041 | +€4,216 | +510.8% |
| Cash at bank and in hand | 54/58 | €4,163 | €16,485 | +€12,322 | +296.0% |
| Total equity and liabilities | 10/49 | €82,446 | €146,574 | +€64,128 | +77.8% |
| Equity | 10/15 | €71,862 | €82,561 | +€10,699 | +14.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,662 | €76,361 | +€10,699 | +16.3% |
| 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 | €63,802 | €74,501 | +€10,699 | +16.8% |
| Amounts payable | 17/49 | €10,584 | €64,014 | +€53,429 | +504.8% |
| Amounts payable after more than one year | 17 | - | €18,205 | +€18,205 | |
| Financial debts | 170/4 | - | €18,205 | +€18,205 | |
| Amounts payable within one year | 42/48 | €10,584 | €45,808 | +€35,224 | +332.8% |
| Current portion of amounts payable after more than one year | 42 | - | €4,613 | +€4,613 | |
| Trade debts | 44 | €949 | €7,600 | +€6,650 | +700.6% |
| Suppliers | 440/4 | €949 | €7,600 | +€6,650 | +700.6% |
| Taxes, remuneration and social security | 45 | €9,635 | €32,596 | +€22,961 | +238.3% |
| Taxes | 450/3 | €2,998 | €20,805 | +€17,807 | +594.0% |
| Remuneration and social security | 454/9 | €6,637 | €11,791 | +€5,154 | +77.6% |
| Other amounts payable | 47/48 | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €91,450 | €120,091 | +€28,641 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €3,266 | +€3,266 | |
| Other operating charges | 640/8 | €1,289 | €1,076 | -€214 | -16.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €103,501 | €139,358 | +€35,857 | +34.6% |
| Operating profit (loss) | 9901 | €10,762 | €14,926 | +€4,164 | +38.7% |
| Financial income | 75/76B | €23 | €0 | -€23 | -100.0% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -100.0% |
| Financial charges | 65/66B | €407 | €853 | +€445 | +109.2% |
| Recurring financial charges | 65 | €407 | €853 | +€445 | +109.2% |
| Profit (loss) for the period before taxes | 9903 | €10,377 | €14,073 | +€3,696 | +35.6% |
| Income taxes | 67/77 | €2,835 | €3,375 | +€540 | +19.0% |
| Profit (loss) for the period | 9904 | €7,542 | €10,699 | +€3,156 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,542 | €10,699 | +€3,156 | +41.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.