VIDEO LINE: what changed
Two financial 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.
VIDEO LINE
Largest movements
- Receivables within one year -€143,809
down €143,809 (-45.1%), from €318,768 to €174,959
of which Trade receivables: -€127,477
- Tangible fixed assets +€106,721
up €106,721 (+40.3%), from €265,069 to €371,789
of which Furniture and vehicles: +€61,014
- Cash -€10,089
down €10,089 (-2.9%), from €348,020 to €337,931
mainly Investment in fixed assets (net) (-€175,973) and Trade debts (-€92,819)
- Trade debts -€92,819
down €92,819 (-42.6%), from €218,137 to €125,319
- Profit (loss) carried forward +€66,498
up €66,498 (+19.6%), from €339,449 to €405,947
- Tax, wage and social debts -€17,121
down €17,121 (-94.9%), from €18,037 to €916
of which Remuneration and social security: -€9,540
- Gross operating margin +€93,328
up €93,328 (+44.1%), from €211,625 to €304,953
- Depreciation +€37,085
up €37,085 (+116%), from €31,917 to €69,002
- Taxes +€16,337
up €16,337 (+254%), from €6,432 to €22,769
- Staff costs +€5,045
up €5,045 (+3.7%), from €137,787 to €142,832
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.
Derived cash bridge
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 | €949,473 | €902,231 | -€47,242 | -5.0% |
| Fixed assets | 21/28 | €265,069 | €372,039 | +€106,971 | +40.4% |
| Tangible fixed assets | 22/27 | €265,069 | €371,789 | +€106,721 | +40.3% |
| Plant, machinery and equipment | 23 | €146,162 | €175,810 | +€29,649 | +20.3% |
| Furniture and vehicles | 24 | €98,676 | €159,691 | +€61,014 | +61.8% |
| Other tangible fixed assets | 26 | €20,231 | €36,288 | +€16,058 | +79.4% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €684,404 | €530,192 | -€154,213 | -22.5% |
| Amounts receivable within one year | 40/41 | €318,768 | €174,959 | -€143,809 | -45.1% |
| Trade receivables | 40 | €271,410 | €143,932 | -€127,477 | -47.0% |
| Other amounts receivable | 41 | €47,359 | €31,027 | -€16,332 | -34.5% |
| Cash at bank and in hand | 54/58 | €348,020 | €337,931 | -€10,089 | -2.9% |
| Deferred charges and accrued income | 490/1 | €17,617 | €17,302 | -€315 | -1.8% |
| Total equity and liabilities | 10/49 | €949,473 | €902,231 | -€47,242 | -5.0% |
| Equity | 10/15 | €679,369 | €745,867 | +€66,498 | +9.8% |
| Contributions | 10/11 | €66,480 | €66,480 | = | 0.0% |
| Contributions outside capital | 11 | €66,480 | €66,480 | = | 0.0% |
| Other | 1109/19 | €66,480 | €66,480 | = | 0.0% |
| Reserves | 13 | €273,440 | €273,440 | = | 0.0% |
| Distributable reserves | 133 | €273,440 | €273,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | €339,449 | €405,947 | +€66,498 | +19.6% |
| Provisions and deferred taxes | 16 | €760 | €1,014 | +€253 | +33.3% |
| Provisions for liabilities and charges | 160/5 | €760 | €1,014 | +€253 | +33.3% |
| Pensions and similar obligations | 160 | €760 | €1,014 | +€253 | +33.3% |
| Amounts payable | 17/49 | €269,344 | €155,350 | -€113,993 | -42.3% |
| Amounts payable after more than one year | 17 | €28,158 | €22,501 | -€5,657 | -20.1% |
| Financial debts | 170/4 | €28,158 | €22,501 | -€5,657 | -20.1% |
| Amounts payable within one year | 42/48 | €239,174 | €129,234 | -€109,940 | -46.0% |
| Trade debts | 44 | €218,137 | €125,319 | -€92,819 | -42.6% |
| Suppliers | 440/4 | €218,137 | €125,319 | -€92,819 | -42.6% |
| Taxes, remuneration and social security | 45 | €18,037 | €916 | -€17,121 | -94.9% |
| Taxes | 450/3 | €8,497 | €916 | -€7,581 | -89.2% |
| Remuneration and social security | 454/9 | €9,540 | - | -€9,540 | |
| Other amounts payable | 47/48 | €3,000 | €3,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,012 | €3,615 | +€1,603 | +79.7% |
| Non-recurring operating income | 76A | - | €1,808 | +€1,808 | |
| Remuneration, social security and pensions | 62 | €137,787 | €142,832 | +€5,045 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,917 | €69,002 | +€37,085 | +116% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €253 | €253 | = | 0.0% |
| Other operating charges | 640/8 | €4,727 | €3,572 | -€1,154 | -24.4% |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Gross operating margin | 9900 | €211,625 | €304,953 | +€93,328 | +44.1% |
| Operating profit (loss) | 9901 | €36,941 | €89,244 | +€52,303 | +142% |
| Financial income | 75/76B | €1,615 | €1,386 | -€229 | -14.2% |
| Recurring financial income | 75 | €1,615 | €1,386 | -€229 | -14.2% |
| Financial charges | 65/66B | €2,166 | €1,362 | -€804 | -37.1% |
| Recurring financial charges | 65 | €2,166 | €1,362 | -€804 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €36,390 | €89,267 | +€52,877 | +145% |
| Income taxes | 67/77 | €6,432 | €22,769 | +€16,337 | +254% |
| Profit (loss) for the period | 9904 | €29,957 | €66,498 | +€36,540 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €29,957 | €66,498 | +€36,540 | +122% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.