WAKE UP: 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.
WAKE UP
Largest movements
- Tangible fixed assets -€33,964
down €33,964 (-3.3%), from €1.0m to €1.0m
- Receivables within one year -€11,917
down €11,917 (-99.9%), from €11,927 to €9
- Debts after one year -€114,147
down €114,147 (-14.6%), from €784,310 to €670,163
of which Financial debts: -€91,147
- Reserves +€59,625
up €59,625 (+36.9%), from €161,463 to €221,088
- Depreciation +€3,936
up €3,936 (+13.1%), from €30,028 to €33,964
- Financial charges -€3,150
down €3,150 (-9.6%), from €32,873 to €29,723
- Gross operating margin +€2,071
up €2,071 (+1.4%), from €146,369 to €148,439
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 | €1,057,934 | €1,014,581 | -€43,353 | -4.1% |
| Fixed assets | 21/28 | €1,037,936 | €1,003,972 | -€33,964 | -3.3% |
| Tangible fixed assets | 22/27 | €1,037,936 | €1,003,972 | -€33,964 | -3.3% |
| Land and buildings | 22 | €1,037,936 | €1,003,972 | -€33,964 | -3.3% |
| Current assets | 29/58 | €19,998 | €10,609 | -€9,389 | -47.0% |
| Amounts receivable within one year | 40/41 | €11,927 | €9 | -€11,917 | -99.9% |
| Other amounts receivable | 41 | €11,927 | €9 | -€11,917 | -99.9% |
| Cash at bank and in hand | 54/58 | €8,072 | €10,600 | +€2,528 | +31.3% |
| Total equity and liabilities | 10/49 | €1,057,934 | €1,014,581 | -€43,353 | -4.1% |
| Equity | 10/15 | €180,013 | €239,638 | +€59,625 | +33.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €161,463 | €221,088 | +€59,625 | +36.9% |
| Distributable reserves | 133 | €161,463 | €221,088 | +€59,625 | +36.9% |
| Amounts payable | 17/49 | €877,921 | €774,943 | -€102,978 | -11.7% |
| Amounts payable after more than one year | 17 | €784,310 | €670,163 | -€114,147 | -14.6% |
| Financial debts | 170/4 | €753,336 | €662,189 | -€91,147 | -12.1% |
| Other amounts payable | 178/9 | €30,974 | €7,974 | -€23,000 | -74.3% |
| Amounts payable within one year | 42/48 | €93,073 | €104,151 | +€11,078 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €87,851 | €91,147 | +€3,296 | +3.8% |
| Taxes, remuneration and social security | 45 | €5,222 | €13,004 | +€7,782 | +149.0% |
| Taxes | 450/3 | €5,222 | €13,004 | +€7,782 | +149.0% |
| Accrued charges and deferred income | 492/3 | €538 | €629 | +€91 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,028 | €33,964 | +€3,936 | +13.1% |
| Other operating charges | 640/8 | €4,320 | €4,146 | -€173 | -4.0% |
| Gross operating margin | 9900 | €146,369 | €148,439 | +€2,071 | +1.4% |
| Operating profit (loss) | 9901 | €112,021 | €110,330 | -€1,691 | -1.5% |
| Financial income | 75/76B | €15 | €31 | +€17 | +112.7% |
| Recurring financial income | 75 | €15 | €31 | +€17 | +112.7% |
| Financial charges | 65/66B | €32,873 | €29,723 | -€3,150 | -9.6% |
| Recurring financial charges | 65 | €32,873 | €29,723 | -€3,150 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €79,163 | €80,639 | +€1,476 | +1.9% |
| Income taxes | 67/77 | €20,226 | €21,013 | +€787 | +3.9% |
| Profit (loss) for the period | 9904 | €58,937 | €59,625 | +€689 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,937 | €59,625 | +€689 | +1.2% |
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 1 October 2026 via checked.be.