UPVOTE: 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.
UPVOTE
Largest movements
- Receivables within one year -€39,038
down €39,038 (-86.4%), from €45,170 to €6,132
of which Trade receivables: -€42,545
- Cash +€26,329
up €26,329 (+152633.4%), from €17 to €26,347
mainly Receivables within one year (+€39,038) and Other debts (+€5,523)
- Tangible fixed assets -€1,590
down €1,590 (-11.2%), from €14,163 to €12,573
of which Other tangible fixed assets: -€1,956
- Trade debts -€19,712
down €19,712 (-26.6%), from €74,043 to €54,331
- Other debts +€5,523
new in 2025: €5,523
- Profit (loss) carried forward +€1,975
up €1,975 (+9.7%), from -€20,307 to -€18,332
- Tax, wage and social debts -€1,957
down €1,957 (-46.0%), from €4,251 to €2,295
- Gross operating margin -€31,817
down €31,817, from €27,311 to -€4,506
- Write-downs -€25,000
down €25,000, from €12,500 to -€12,500
- Financial income -€749
no longer reported in 2025 (was €749)
- Taxes -€719
down €719 (-27.2%), from €2,639 to €1,920
- Depreciation +€331
up €331 (+10.5%), from €3,154 to €3,484
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 | €59,350 | €45,180 | -€14,170 | -23.9% |
| Fixed assets | 21/28 | €14,163 | €12,573 | -€1,590 | -11.2% |
| Tangible fixed assets | 22/27 | €14,163 | €12,573 | -€1,590 | -11.2% |
| Furniture and vehicles | 24 | €4,385 | €4,751 | +€366 | +8.4% |
| Other tangible fixed assets | 26 | €9,778 | €7,822 | -€1,956 | -20.0% |
| Current assets | 29/58 | €45,187 | €32,607 | -€12,580 | -27.8% |
| Amounts receivable within one year | 40/41 | €45,170 | €6,132 | -€39,038 | -86.4% |
| Trade receivables | 40 | €42,545 | - | -€42,545 | |
| Other amounts receivable | 41 | €2,625 | €6,132 | +€3,507 | +133.6% |
| Cash at bank and in hand | 54/58 | €17 | €26,347 | +€26,329 | +152633.4% |
| Deferred charges and accrued income | 490/1 | - | €128 | +€128 | |
| Total equity and liabilities | 10/49 | €59,350 | €45,180 | -€14,170 | -23.9% |
| Equity | 10/15 | -€18,944 | -€16,969 | +€1,975 | +10.4% |
| Contributions | 10/11 | €1,363 | €1,363 | = | 0.0% |
| Outside capital | 11 | €1,363 | €1,363 | = | 0.0% |
| Other | 1109/19 | €1,363 | €1,363 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,307 | -€18,332 | +€1,975 | +9.7% |
| Amounts payable | 17/49 | €78,294 | €62,149 | -€16,145 | -20.6% |
| Amounts payable within one year | 42/48 | €78,294 | €62,149 | -€16,145 | -20.6% |
| Trade debts | 44 | €74,043 | €54,331 | -€19,712 | -26.6% |
| Suppliers | 440/4 | €74,043 | €54,331 | -€19,712 | -26.6% |
| Taxes, remuneration and social security | 45 | €4,251 | €2,295 | -€1,957 | -46.0% |
| Taxes | 450/3 | €4,251 | €2,295 | -€1,957 | -46.0% |
| Other amounts payable | 47/48 | - | €5,523 | +€5,523 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,154 | €3,484 | +€331 | +10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,500 | -€12,500 | -€25,000 | |
| Other operating charges | 640/8 | €384 | €458 | +€74 | +19.2% |
| Gross operating margin | 9900 | €27,311 | -€4,506 | -€31,817 | |
| Operating profit (loss) | 9901 | €11,273 | €4,051 | -€7,222 | -64.1% |
| Financial income | 75/76B | €749 | - | -€749 | |
| Recurring financial income | 75 | €749 | - | -€749 | |
| Financial charges | 65/66B | €141 | €156 | +€15 | +10.5% |
| Recurring financial charges | 65 | €141 | €156 | +€15 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €11,880 | €3,895 | -€7,985 | -67.2% |
| Income taxes | 67/77 | €2,639 | €1,920 | -€719 | -27.2% |
| Profit (loss) for the period | 9904 | €9,242 | €1,975 | -€7,267 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,242 | €1,975 | -€7,267 | -78.6% |
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 29 September 2026 via checked.be.