VARIAVIS: 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.
VARIAVIS
Largest movements
- Receivables within one year -€44,256
down €44,256 (-90.7%), from €48,780 to €4,524
of which Trade receivables: -€34,778
- Tangible fixed assets -€11,245
down €11,245 (-26.4%), from €42,613 to €31,369
of which Furniture and vehicles: -€13,478
- Cash -€4,359
down €4,359 (-62.3%), from €6,998 to €2,639
mainly Net result for the year (-€32,812) and Debts after one year (-€16,603)
- Reserves -€32,812
down €32,812 (-69.4%), from €47,308 to €14,496
- Debts after one year -€16,603
down €16,603 (-70.0%), from €23,733 to €7,130
- Contributions -€5,000
down €5,000 (-100.0%), from €5,000 to €0
- Tax, wage and social debts -€4,923
down €4,923 (-100.0%), from €4,923 to €0
- Trade debts -€1,217
down €1,217 (-80.1%), from €1,519 to €303
- Gross operating margin -€33,682
down €33,682, from €16,260 to -€17,422
- Financial charges -€693
down €693 (-30.8%), from €2,250 to €1,557
- Taxes -€341
down €341 (-100.0%), from €341 to €0
- Financial income +€180
up €180, from €0 to €180
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 | €98,391 | €38,532 | -€59,859 | -60.8% |
| Fixed assets | 21/28 | €42,613 | €31,369 | -€11,245 | -26.4% |
| Tangible fixed assets | 22/27 | €42,613 | €31,369 | -€11,245 | -26.4% |
| Plant, machinery and equipment | 23 | - | €2,234 | +€2,234 | |
| Furniture and vehicles | 24 | €42,613 | €29,135 | -€13,478 | -31.6% |
| Current assets | 29/58 | €55,778 | €7,163 | -€48,615 | -87.2% |
| Amounts receivable within one year | 40/41 | €48,780 | €4,524 | -€44,256 | -90.7% |
| Trade receivables | 40 | €34,778 | €0 | -€34,778 | -100.0% |
| Other amounts receivable | 41 | €14,002 | €4,524 | -€9,478 | -67.7% |
| Cash at bank and in hand | 54/58 | €6,998 | €2,639 | -€4,359 | -62.3% |
| Total equity and liabilities | 10/49 | €98,391 | €38,532 | -€59,859 | -60.8% |
| Equity | 10/15 | €52,308 | €14,496 | -€37,812 | -72.3% |
| Contributions | 10/11 | €5,000 | €0 | -€5,000 | -100.0% |
| Reserves | 13 | €47,308 | €14,496 | -€32,812 | -69.4% |
| Distributable reserves | 133 | €47,308 | €14,496 | -€32,812 | -69.4% |
| Amounts payable | 17/49 | €46,083 | €24,036 | -€22,047 | -47.8% |
| Amounts payable after more than one year | 17 | €23,733 | €7,130 | -€16,603 | -70.0% |
| Financial debts | 170/4 | €23,733 | €7,130 | -€16,603 | -70.0% |
| Amounts payable within one year | 42/48 | €22,350 | €16,905 | -€5,444 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €15,907 | €16,603 | +€696 | +4.4% |
| Trade debts | 44 | €1,519 | €303 | -€1,217 | -80.1% |
| Suppliers | 440/4 | €1,519 | €303 | -€1,217 | -80.1% |
| Taxes, remuneration and social security | 45 | €4,923 | €0 | -€4,923 | -100.0% |
| Taxes | 450/3 | €4,923 | €0 | -€4,923 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,478 | €13,541 | +€63 | +0.5% |
| Other operating charges | 640/8 | €504 | €472 | -€33 | -6.5% |
| Gross operating margin | 9900 | €16,260 | -€17,422 | -€33,682 | |
| Operating profit (loss) | 9901 | €2,277 | -€31,435 | -€33,712 | |
| Financial income | 75/76B | €0 | €180 | +€180 | |
| Recurring financial income | 75 | €0 | €180 | +€180 | |
| Financial charges | 65/66B | €2,250 | €1,557 | -€693 | -30.8% |
| Recurring financial charges | 65 | €2,250 | €1,557 | -€693 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €27 | -€32,812 | -€32,839 | |
| Income taxes | 67/77 | €341 | €0 | -€341 | -100.0% |
| Profit (loss) for the period | 9904 | -€314 | -€32,812 | -€32,498 | -10355.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€314 | -€32,812 | -€32,498 | -10355.7% |
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 3 October 2026 via checked.be.