USERCODLY: 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.
USERCODLY
Largest movements
- Receivables after one year +€39,000
up €39,000 (+89.7%), from €43,500 to €82,500
- Receivables within one year -€18,106
down €18,106 (-29.1%), from €62,231 to €44,126
of which Other amounts receivable: -€25,759
- Cash -€15,993
down €15,993 (-30.1%), from €53,209 to €37,216
mainly Receivables after one year (-€39,000) and Contributions, distributions and other (-€17,000)
- Tangible fixed assets -€10,702
down €10,702 (-15.8%), from €67,683 to €56,980
of which Furniture and vehicles: -€21,430
- Tax, wage and social debts -€10,823
down €10,823 (-35.9%), from €30,123 to €19,299
of which Taxes: -€10,823
- Other debts +€8,701
new in 2025: €8,701
- Profit (loss) carried forward -€4,931
down €4,931 (-2.9%), from €172,461 to €167,529
- Purchases and services +€34,156
up €34,156 (+40.7%), from €83,903 to €118,059
- Turnover +€18,852
up €18,852 (+14.0%), from €134,530 to €153,382
- Gross operating margin -€15,303
down €15,303 (-30.2%), from €50,627 to €35,323
- Taxes -€12,510
down €12,510 (-93.9%), from €13,323 to €813
- Depreciation +€5,396
up €5,396 (+37.2%), from €14,517 to €19,913
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 | €226,622 | €220,822 | -€5,801 | -2.6% |
| Fixed assets | 21/28 | €67,683 | €56,980 | -€10,702 | -15.8% |
| Tangible fixed assets | 22/27 | €67,683 | €56,980 | -€10,702 | -15.8% |
| Plant, machinery and equipment | 23 | - | €10,728 | +€10,728 | |
| Furniture and vehicles | 24 | €67,683 | €46,252 | -€21,430 | -31.7% |
| Current assets | 29/58 | €158,940 | €163,842 | +€4,902 | +3.1% |
| Amounts receivable after more than one year | 29 | €43,500 | €82,500 | +€39,000 | +89.7% |
| Other amounts receivable | 291 | €43,500 | €82,500 | +€39,000 | +89.7% |
| Amounts receivable within one year | 40/41 | €62,231 | €44,126 | -€18,106 | -29.1% |
| Trade receivables | 40 | €2,426 | €10,080 | +€7,654 | +315.5% |
| Other amounts receivable | 41 | €59,805 | €34,046 | -€25,759 | -43.1% |
| Cash at bank and in hand | 54/58 | €53,209 | €37,216 | -€15,993 | -30.1% |
| Total equity and liabilities | 10/49 | €226,622 | €220,822 | -€5,801 | -2.6% |
| Equity | 10/15 | €194,324 | €189,393 | -€4,931 | -2.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Capital | 10 | - | €19,000 | +€19,000 | |
| Issued capital | 100 | - | €19,000 | +€19,000 | |
| Reserves | 13 | €2,863 | €2,863 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,863 | €2,863 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,863 | €2,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,461 | €167,529 | -€4,931 | -2.9% |
| Amounts payable | 17/49 | €32,298 | €31,429 | -€869 | -2.7% |
| Amounts payable within one year | 42/48 | €32,298 | €31,429 | -€869 | -2.7% |
| Trade debts | 44 | €2,175 | €3,429 | +€1,254 | +57.6% |
| Suppliers | 440/4 | €2,175 | €3,429 | +€1,254 | +57.6% |
| Taxes, remuneration and social security | 45 | €30,123 | €19,299 | -€10,823 | -35.9% |
| Taxes | 450/3 | €29,522 | €18,698 | -€10,823 | -36.7% |
| Remuneration and social security | 454/9 | €601 | €601 | = | 0.0% |
| Other amounts payable | 47/48 | - | €8,701 | +€8,701 | |
| Turnover | 70 | €134,530 | €153,382 | +€18,852 | +14.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €83,903 | €118,059 | +€34,156 | +40.7% |
| Remuneration, social security and pensions | 62 | €95 | €337 | +€242 | +254.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,517 | €19,913 | +€5,396 | +37.2% |
| Other operating charges | 640/8 | €1,934 | €1,713 | -€221 | -11.4% |
| Gross operating margin | 9900 | €50,627 | €35,323 | -€15,303 | -30.2% |
| Operating profit (loss) | 9901 | €34,081 | €13,361 | -€20,720 | -60.8% |
| Financial charges | 65/66B | €488 | €479 | -€9 | -1.8% |
| Recurring financial charges | 65 | €488 | €479 | -€9 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €33,593 | €12,882 | -€20,711 | -61.7% |
| Income taxes | 67/77 | €13,323 | €813 | -€12,510 | -93.9% |
| Profit (loss) for the period | 9904 | €20,270 | €12,069 | -€8,201 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,270 | €12,069 | -€8,201 | -40.5% |
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 5 October 2026 via checked.be.