W - FLOAT: 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.
W - FLOAT
Largest movements
- Receivables after one year +€50,000
new in 2025: €50,000
- Receivables within one year -€44,555
down €44,555 (-70.5%), from €63,157 to €18,602
- Cash -€6,906
down €6,906 (-60.0%), from €11,505 to €4,599
mainly Receivables after one year (-€50,000) and Net result for the year (-€12,916)
- Tangible fixed assets -€1,331
down €1,331 (-46.2%), from €2,879 to €1,548
of which Plant, machinery and equipment: -€877
- Deferred charges and accrued income +€1,236
up €1,236 (+61.8%), from €2,000 to €3,236
- Profit (loss) carried forward -€12,916
down €12,916 (-14.1%), from -€91,365 to -€104,281
- Other debts +€11,755
up €11,755 (+33.9%), from €34,664 to €46,420
- Gross operating margin +€15,555
up €15,555 (+55.1%), from -€28,205 to -€12,650
- Financial income +€1,836
up €1,836 (+129302.8%), from €1 to €1,838
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 | €80,840 | €79,284 | -€1,556 | -1.9% |
| Fixed assets | 21/28 | €2,879 | €1,548 | -€1,331 | -46.2% |
| Tangible fixed assets | 22/27 | €2,879 | €1,548 | -€1,331 | -46.2% |
| Plant, machinery and equipment | 23 | €1,889 | €1,012 | -€877 | -46.4% |
| Furniture and vehicles | 24 | €990 | €536 | -€454 | -45.9% |
| Current assets | 29/58 | €77,961 | €77,736 | -€225 | -0.3% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Stocks and contracts in progress | 3 | €1,300 | €1,300 | = | 0.0% |
| Stocks | 30/36 | €1,300 | €1,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €63,157 | €18,602 | -€44,555 | -70.5% |
| Trade receivables | 40 | €63,157 | €18,602 | -€44,555 | -70.5% |
| Cash at bank and in hand | 54/58 | €11,505 | €4,599 | -€6,906 | -60.0% |
| Deferred charges and accrued income | 490/1 | €2,000 | €3,236 | +€1,236 | +61.8% |
| Total equity and liabilities | 10/49 | €80,840 | €79,284 | -€1,556 | -1.9% |
| Equity | 10/15 | €43,394 | €30,478 | -€12,916 | -29.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €116,159 | €116,159 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €116,159 | €116,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,365 | -€104,281 | -€12,916 | -14.1% |
| Amounts payable | 17/49 | €37,446 | €48,806 | +€11,360 | +30.3% |
| Amounts payable within one year | 42/48 | €37,446 | €48,806 | +€11,360 | +30.3% |
| Financial debts | 43 | €0 | €6 | +€6 | |
| Credit institutions | 430/8 | €0 | €6 | +€6 | |
| Trade debts | 44 | €1,627 | €1,774 | +€147 | +9.0% |
| Suppliers | 440/4 | €1,627 | €1,774 | +€147 | +9.0% |
| Taxes, remuneration and social security | 45 | €1,155 | €606 | -€549 | -47.5% |
| Taxes | 450/3 | €1,155 | €606 | -€549 | -47.5% |
| Other amounts payable | 47/48 | €34,664 | €46,420 | +€11,755 | +33.9% |
| Non-recurring operating income | 76A | €207 | €0 | -€207 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,431 | €1,331 | -€100 | -7.0% |
| Other operating charges | 640/8 | €661 | €507 | -€154 | -23.3% |
| Gross operating margin | 9900 | -€28,205 | -€12,650 | +€15,555 | +55.1% |
| Operating profit (loss) | 9901 | -€30,297 | -€14,488 | +€15,809 | +52.2% |
| Financial income | 75/76B | €1 | €1,838 | +€1,836 | +129302.8% |
| Recurring financial income | 75 | €1 | €1,838 | +€1,836 | +129302.8% |
| Financial charges | 65/66B | €129 | €124 | -€5 | -4.0% |
| Recurring financial charges | 65 | €129 | €124 | -€5 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€30,425 | -€12,775 | +€17,650 | +58.0% |
| Income taxes | 67/77 | €134 | €141 | +€7 | +5.2% |
| Profit (loss) for the period | 9904 | -€30,559 | -€12,916 | +€17,643 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,559 | -€12,916 | +€17,643 | +57.7% |
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.