Trouble Shooter: what changed
Trouble Shooter
Largest movements
- Cash +€62,782
up €62,782 (+86.3%), from €72,787 to €135,569
mainly Net result for the year (+€37,148) and Current investments (+€30,000)
- Current investments -€30,000
down €30,000 (-100%), from €30,000 to €0
- Tangible fixed assets -€24,251
down €24,251 (-7.4%), from €326,451 to €302,200
of which Land and buildings: -€18,662
- Receivables within one year -€4,580
down €4,580 (-23.5%), from €19,458 to €14,878
of which Trade receivables: -€4,580
- Profit (loss) carried forward +€37,148
up €37,148 (+20.0%), from €185,454 to €222,602
- Debts after one year -€19,332
down €19,332 (-11.4%), from €170,096 to €150,763
- Other debts -€16,508
down €16,508 (-33.5%), from €49,300 to €32,792
- Gross operating margin +€3,428
up €3,428 (+4.1%), from €83,140 to €86,568
- Financial charges +€2,905
up €2,905 (+82.8%), from €3,507 to €6,412
- Taxes +€1,032
up €1,032 (+7.5%), from €13,743 to €14,775
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €450,535 | €454,476 | +€3,941 | +0.9% |
| Fixed assets | 21/28 | €326,451 | €302,200 | -€24,251 | -7.4% |
| Tangible fixed assets | 22/27 | €326,451 | €302,200 | -€24,251 | -7.4% |
| Land and buildings | 22 | €316,616 | €297,954 | -€18,662 | -5.9% |
| Plant, machinery and equipment | 23 | €6,175 | €3,777 | -€2,398 | -38.8% |
| Furniture and vehicles | 24 | €3,660 | €469 | -€3,191 | -87.2% |
| Current assets | 29/58 | €124,084 | €152,276 | +€28,192 | +22.7% |
| Amounts receivable within one year | 40/41 | €19,458 | €14,878 | -€4,580 | -23.5% |
| Trade receivables | 40 | €19,458 | €14,878 | -€4,580 | -23.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €30,000 | €0 | -€30,000 | -100% |
| Cash at bank and in hand | 54/58 | €72,787 | €135,569 | +€62,782 | +86.3% |
| Deferred charges and accrued income | 490/1 | €1,839 | €1,829 | -€10 | -0.5% |
| Total equity and liabilities | 10/49 | €450,535 | €454,476 | +€3,941 | +0.9% |
| Equity | 10/15 | €204,054 | €241,202 | +€37,148 | +18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €185,454 | €222,602 | +€37,148 | +20.0% |
| Amounts payable | 17/49 | €246,481 | €213,274 | -€33,207 | -13.5% |
| Amounts payable after more than one year | 17 | €170,096 | €150,763 | -€19,332 | -11.4% |
| Financial debts | 170/4 | €170,096 | €150,763 | -€19,332 | -11.4% |
| Amounts payable within one year | 42/48 | €75,886 | €61,997 | -€13,889 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €18,958 | €19,332 | +€374 | +2.0% |
| Trade debts | 44 | €904 | €2,612 | +€1,709 | +189% |
| Suppliers | 440/4 | €904 | €2,612 | +€1,709 | +189% |
| Taxes, remuneration and social security | 45 | €6,724 | €7,261 | +€537 | +8.0% |
| Taxes | 450/3 | €6,724 | €7,261 | +€537 | +8.0% |
| Other amounts payable | 47/48 | €49,300 | €32,792 | -€16,508 | -33.5% |
| Accrued charges and deferred income | 492/3 | €499 | €513 | +€14 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,798 | €24,251 | +€453 | +1.9% |
| Other operating charges | 640/8 | €4,719 | €4,885 | +€166 | +3.5% |
| Gross operating margin | 9900 | €83,140 | €86,568 | +€3,428 | +4.1% |
| Operating profit (loss) | 9901 | €54,623 | €57,432 | +€2,809 | +5.1% |
| Financial income | 75/76B | €105 | €904 | +€799 | +763% |
| Recurring financial income | 75 | €105 | €904 | +€799 | +763% |
| Financial charges | 65/66B | €3,507 | €6,412 | +€2,905 | +82.8% |
| Recurring financial charges | 65 | €3,507 | €6,412 | +€2,905 | +82.8% |
| Profit (loss) for the period before taxes | 9903 | €51,220 | €51,923 | +€703 | +1.4% |
| Income taxes | 67/77 | €13,743 | €14,775 | +€1,032 | +7.5% |
| Profit (loss) for the period | 9904 | €37,477 | €37,148 | -€329 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,477 | €37,148 | -€329 | -0.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.