Versatile: 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.
Versatile
Largest movements
- Tangible fixed assets -€39,921
down €39,921 (-67.6%), from €59,016 to €19,096
of which Leasing and similar rights: -€39,965
- Cash -€21,466
down €21,466 (-62.3%), from €34,444 to €12,978
mainly Accrued charges and deferred income (-€32,853) and Debts after one year (-€29,051)
- Receivables within one year -€18,651
down €18,651 (-85.0%), from €21,937 to €3,285
of which Trade receivables: -€18,337
- Deferred charges and accrued income -€5,187
down €5,187 (-70.9%), from €7,317 to €2,130
- Accrued charges and deferred income -€32,853
down €32,853 (-87.3%), from €37,653 to €4,800
- Debts after one year -€29,051
down €29,051 (-80.9%), from €35,898 to €6,847
- Trade debts -€16,526
down €16,526 (-83.9%), from €19,696 to €3,170
- Current portion of long-term debt -€5,370
down €5,370 (-49.6%), from €10,829 to €5,458
- Tax, wage and social debts -€2,711
down €2,711 (-38.7%), from €7,001 to €4,291
of which Remuneration and social security: -€3,442
- Gross operating margin +€10,813
up €10,813 (+31.8%), from €33,987 to €44,799
- Staff costs +€4,923
up €4,923 (+38.8%), from €12,702 to €17,625
- Other operating charges -€1,599
down €1,599 (-58.8%), from €2,720 to €1,121
- Financial charges +€1,292
up €1,292 (+98.9%), from €1,306 to €2,598
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 | €124,155 | €38,330 | -€85,825 | -69.1% |
| Fixed assets | 21/28 | €60,457 | €19,937 | -€40,520 | -67.0% |
| Intangible fixed assets | 21 | €1,441 | €841 | -€600 | -41.6% |
| Tangible fixed assets | 22/27 | €59,016 | €19,096 | -€39,921 | -67.6% |
| Plant, machinery and equipment | 23 | €3,135 | €1,400 | -€1,735 | -55.3% |
| Furniture and vehicles | 24 | €4,293 | €6,072 | +€1,779 | +41.4% |
| Leasing and similar rights | 25 | €51,588 | €11,623 | -€39,965 | -77.5% |
| Current assets | 29/58 | €63,697 | €18,393 | -€45,305 | -71.1% |
| Amounts receivable within one year | 40/41 | €21,937 | €3,285 | -€18,651 | -85.0% |
| Trade receivables | 40 | €21,622 | €3,285 | -€18,337 | -84.8% |
| Other amounts receivable | 41 | €314 | - | -€314 | |
| Cash at bank and in hand | 54/58 | €34,444 | €12,978 | -€21,466 | -62.3% |
| Deferred charges and accrued income | 490/1 | €7,317 | €2,130 | -€5,187 | -70.9% |
| Total equity and liabilities | 10/49 | €124,155 | €38,330 | -€85,825 | -69.1% |
| Equity | 10/15 | €11,390 | €12,686 | +€1,297 | +11.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,390 | €8,686 | +€1,297 | +17.5% |
| Amounts payable | 17/49 | €112,765 | €25,643 | -€87,122 | -77.3% |
| Amounts payable after more than one year | 17 | €35,898 | €6,847 | -€29,051 | -80.9% |
| Financial debts | 170/4 | €35,898 | €6,847 | -€29,051 | -80.9% |
| Amounts payable within one year | 42/48 | €39,214 | €13,996 | -€25,218 | -64.3% |
| Current portion of amounts payable after more than one year | 42 | €10,829 | €5,458 | -€5,370 | -49.6% |
| Trade debts | 44 | €19,696 | €3,170 | -€16,526 | -83.9% |
| Suppliers | 440/4 | €19,696 | €3,170 | -€16,526 | -83.9% |
| Taxes, remuneration and social security | 45 | €7,001 | €4,291 | -€2,711 | -38.7% |
| Taxes | 450/3 | €3,559 | €4,291 | +€731 | +20.6% |
| Remuneration and social security | 454/9 | €3,442 | - | -€3,442 | |
| Other amounts payable | 47/48 | €1,688 | €1,077 | -€611 | -36.2% |
| Accrued charges and deferred income | 492/3 | €37,653 | €4,800 | -€32,853 | -87.3% |
| Non-recurring operating income | 76A | - | €750 | +€750 | |
| Remuneration, social security and pensions | 62 | €12,702 | €17,625 | +€4,923 | +38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,084 | €11,932 | -€152 | -1.3% |
| Other operating charges | 640/8 | €2,720 | €1,121 | -€1,599 | -58.8% |
| Non-recurring operating charges | 66A | - | €8,688 | +€8,688 | |
| Gross operating margin | 9900 | €33,987 | €44,799 | +€10,813 | +31.8% |
| Operating profit (loss) | 9901 | €6,480 | €5,434 | -€1,047 | -16.2% |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.7% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.7% |
| Financial charges | 65/66B | €1,306 | €2,598 | +€1,292 | +98.9% |
| Recurring financial charges | 65 | €1,306 | €2,598 | +€1,292 | +98.9% |
| Profit (loss) for the period before taxes | 9903 | €5,181 | €2,836 | -€2,345 | -45.3% |
| Income taxes | 67/77 | €1,207 | €1,539 | +€332 | +27.5% |
| Profit (loss) for the period | 9904 | €3,973 | €1,297 | -€2,677 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,973 | €1,297 | -€2,677 | -67.4% |
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 8 October 2026 via checked.be.