Understanding Data: 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.
Understanding Data
Largest movements
- Cash +€36,468
up €36,468 (+1290.6%), from €2,826 to €39,294
mainly Net result for the year (+€47,532) and Tax, wage and social debts (+€39,056)
- Receivables within one year +€31,870
up €31,870 (+358.6%), from €8,887 to €40,757
of which Trade receivables: +€27,072
- Tangible fixed assets +€22,016
up €22,016 (+171.9%), from €12,808 to €34,824
of which Furniture and vehicles: +€12,159
- Deferred charges and accrued income -€2,308
down €2,308 (-26.1%), from €8,861 to €6,552
- Reserves +€47,532
up €47,532 (+722.9%), from €6,575 to €54,107
- Tax, wage and social debts +€39,056
up €39,056 (+1828.2%), from €2,136 to €41,192
of which Taxes: +€20,071
- Short-term financial debts +€2,661
up €2,661 (+7911.4%), from €34 to €2,695
- Debts after one year -€2,318
down €2,318 (-18.5%), from €12,543 to €10,226
- Other debts -€2,032
down €2,032 (-100.0%), from €2,032 to €0
- Gross operating margin +€139,071
up €139,071 (+4768.7%), from €2,916 to €141,988
- Staff costs +€71,866
new in 2025: €71,866
- Taxes +€12,648
up €12,648 (+1655.6%), from €764 to €13,412
- Depreciation +€4,501
up €4,501 (+139.5%), from €3,227 to €7,728
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 | €33,382 | €121,428 | +€88,046 | +263.8% |
| Fixed assets | 21/28 | €12,808 | €34,824 | +€22,016 | +171.9% |
| Tangible fixed assets | 22/27 | €12,808 | €34,824 | +€22,016 | +171.9% |
| Furniture and vehicles | 24 | €5,731 | €17,890 | +€12,159 | +212.2% |
| Other tangible fixed assets | 26 | €7,077 | €16,934 | +€9,857 | +139.3% |
| Current assets | 29/58 | €20,573 | €86,603 | +€66,030 | +320.9% |
| Amounts receivable within one year | 40/41 | €8,887 | €40,757 | +€31,870 | +358.6% |
| Trade receivables | 40 | €8,886 | €35,958 | +€27,072 | +304.7% |
| Other amounts receivable | 41 | €1 | €4,799 | +€4,798 | +623102.6% |
| Cash at bank and in hand | 54/58 | €2,826 | €39,294 | +€36,468 | +1290.6% |
| Deferred charges and accrued income | 490/1 | €8,861 | €6,552 | -€2,308 | -26.1% |
| Total equity and liabilities | 10/49 | €33,382 | €121,428 | +€88,046 | +263.8% |
| Equity | 10/15 | €9,075 | €56,607 | +€47,532 | +523.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €6,575 | €54,107 | +€47,532 | +722.9% |
| Distributable reserves | 133 | €6,575 | €54,107 | +€47,532 | +722.9% |
| Amounts payable | 17/49 | €24,307 | €64,820 | +€40,513 | +166.7% |
| Amounts payable after more than one year | 17 | €12,543 | €10,226 | -€2,318 | -18.5% |
| Financial debts | 170/4 | €12,543 | €10,226 | -€2,318 | -18.5% |
| Amounts payable within one year | 42/48 | €11,637 | €54,468 | +€42,831 | +368.1% |
| Current portion of amounts payable after more than one year | 42 | €5,003 | €6,882 | +€1,879 | +37.6% |
| Financial debts | 43 | €34 | €2,695 | +€2,661 | +7911.4% |
| Credit institutions | 430/8 | €34 | €2,695 | +€2,661 | +7911.4% |
| Trade debts | 44 | €2,432 | €3,698 | +€1,267 | +52.1% |
| Suppliers | 440/4 | €2,432 | €3,698 | +€1,267 | +52.1% |
| Taxes, remuneration and social security | 45 | €2,136 | €41,192 | +€39,056 | +1828.2% |
| Taxes | 450/3 | €2,136 | €22,208 | +€20,071 | +939.5% |
| Remuneration and social security | 454/9 | - | €18,984 | +€18,984 | |
| Other amounts payable | 47/48 | €2,032 | €0 | -€2,032 | -100.0% |
| Accrued charges and deferred income | 492/3 | €127 | €127 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €71,866 | +€71,866 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,227 | €7,728 | +€4,501 | +139.5% |
| Other operating charges | 640/8 | €212 | €934 | +€721 | +340.0% |
| Gross operating margin | 9900 | €2,916 | €141,988 | +€139,071 | +4768.7% |
| Operating profit (loss) | 9901 | -€523 | €61,460 | +€61,983 | |
| Financial income | 75/76B | €12 | €1 | -€12 | -95.0% |
| Recurring financial income | 75 | €12 | €1 | -€12 | -95.0% |
| Financial charges | 65/66B | €142 | €516 | +€374 | +263.7% |
| Recurring financial charges | 65 | €142 | €516 | +€374 | +263.7% |
| Profit (loss) for the period before taxes | 9903 | -€653 | €60,944 | +€61,597 | |
| Income taxes | 67/77 | €764 | €13,412 | +€12,648 | +1655.6% |
| Profit (loss) for the period | 9904 | -€1,417 | €47,532 | +€48,949 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,417 | €47,532 | +€48,949 |
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 7 October 2026 via checked.be.