UNDER THE WILD SKY: 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.
UNDER THE WILD SKY
Largest movements
- Receivables within one year +€11,551
up €11,551 (+58.1%), from €19,880 to €31,431
- Cash +€5,364
up €5,364 (+68.7%), from €7,805 to €13,170
mainly Advances received (+€10,916) and Net result for the year (+€10,657)
- Intangible fixed assets -€2,223
down €2,223 (-23.6%), from €9,418 to €7,194
- Tangible fixed assets +€1,388
up €1,388 (+198%), from €700 to €2,088
of which Furniture and vehicles: +€756
- Trade debts -€13,508
down €13,508 (-97.0%), from €13,932 to €424
- Advances received +€10,916
up €10,916 (+129%), from €8,452 to €19,368
- Profit (loss) carried forward +€10,657
up €10,657, from -€544 to €10,112
- Tax, wage and social debts +€4,881
up €4,881 (+507%), from €964 to €5,845
- Other debts +€3,134
new in 2025: €3,134
- Gross operating margin +€17,451
up €17,451 (+1,099%), from €1,589 to €19,040
- Taxes +€4,758
new in 2025: €4,758
- Financial charges +€860
up €860 (+3,277%), from €26 to €886
- Depreciation +€704
up €704 (+34.6%), from €2,035 to €2,739
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 | €37,803 | €53,883 | +€16,080 | +42.5% |
| Fixed assets | 21/28 | €10,118 | €9,283 | -€836 | -8.3% |
| Intangible fixed assets | 21 | €9,418 | €7,194 | -€2,223 | -23.6% |
| Tangible fixed assets | 22/27 | €700 | €2,088 | +€1,388 | +198% |
| Land and buildings | 22 | - | €632 | +€632 | |
| Furniture and vehicles | 24 | €700 | €1,456 | +€756 | +108% |
| Current assets | 29/58 | €27,685 | €44,601 | +€16,916 | +61.1% |
| Amounts receivable within one year | 40/41 | €19,880 | €31,431 | +€11,551 | +58.1% |
| Trade receivables | 40 | €19,880 | €31,431 | +€11,551 | +58.1% |
| Cash at bank and in hand | 54/58 | €7,805 | €13,170 | +€5,364 | +68.7% |
| Total equity and liabilities | 10/49 | €37,803 | €53,883 | +€16,080 | +42.5% |
| Equity | 10/15 | €4,456 | €15,112 | +€10,657 | +239% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€544 | €10,112 | +€10,657 | |
| Amounts payable | 17/49 | €33,348 | €38,771 | +€5,423 | +16.3% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,348 | €28,771 | +€5,423 | +23.2% |
| Trade debts | 44 | €13,932 | €424 | -€13,508 | -97.0% |
| Suppliers | 440/4 | €13,932 | €424 | -€13,508 | -97.0% |
| Advances received on contracts in progress | 46 | €8,452 | €19,368 | +€10,916 | +129% |
| Taxes, remuneration and social security | 45 | €964 | €5,845 | +€4,881 | +507% |
| Taxes | 450/3 | €964 | €5,845 | +€4,881 | +507% |
| Other amounts payable | 47/48 | - | €3,134 | +€3,134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,035 | €2,739 | +€704 | +34.6% |
| Other operating charges | 640/8 | €71 | €0 | -€71 | -100% |
| Gross operating margin | 9900 | €1,589 | €19,040 | +€17,451 | +1,099% |
| Operating profit (loss) | 9901 | -€518 | €16,301 | +€16,819 | |
| Financial charges | 65/66B | €26 | €886 | +€860 | +3,277% |
| Recurring financial charges | 65 | €26 | €886 | +€860 | +3,277% |
| Profit (loss) for the period before taxes | 9903 | -€544 | €15,414 | +€15,959 | |
| Income taxes | 67/77 | - | €4,758 | +€4,758 | |
| Profit (loss) for the period | 9904 | -€544 | €10,657 | +€11,201 | |
| Profit (loss) for the period to be appropriated | 9905 | -€544 | €10,657 | +€11,201 |
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 28 October 2026 via checked.be.