WALK WITH US: 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.
WALK WITH US
Largest movements
- Cash +€27,826
up €27,826 (+90.9%), from €30,607 to €58,433
mainly Net result for the year (+€21,634) and Receivables within one year (+€4,724)
- Receivables within one year -€4,724
down €4,724 (-36.9%), from €12,809 to €8,085
- Tangible fixed assets -€2,529
down €2,529 (-37.8%), from €6,699 to €4,170
- Profit (loss) carried forward +€21,634
up €21,634 (+64.8%), from €33,382 to €55,016
- Trade debts -€1,219
down €1,219 (-82.8%), from €1,473 to €254
- Gross operating margin +€4,596
up €4,596 (+17.9%), from €25,747 to €30,343
- Depreciation +€1,687
up €1,687 (+200.4%), from €842 to €2,529
- Taxes +€447
up €447 (+8.6%), from €5,183 to €5,630
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 | €50,173 | €70,688 | +€20,515 | +40.9% |
| Fixed assets | 21/28 | €6,699 | €4,170 | -€2,529 | -37.8% |
| Tangible fixed assets | 22/27 | €6,699 | €4,170 | -€2,529 | -37.8% |
| Furniture and vehicles | 24 | €6,699 | €4,170 | -€2,529 | -37.8% |
| Current assets | 29/58 | €43,474 | €66,518 | +€23,044 | +53.0% |
| Amounts receivable within one year | 40/41 | €12,809 | €8,085 | -€4,724 | -36.9% |
| Trade receivables | 40 | €12,809 | €8,085 | -€4,724 | -36.9% |
| Cash at bank and in hand | 54/58 | €30,607 | €58,433 | +€27,826 | +90.9% |
| Deferred charges and accrued income | 490/1 | €58 | €0 | -€58 | -100.0% |
| Total equity and liabilities | 10/49 | €50,173 | €70,688 | +€20,515 | +40.9% |
| Equity | 10/15 | €34,382 | €56,016 | +€21,634 | +62.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,382 | €55,016 | +€21,634 | +64.8% |
| Amounts payable | 17/49 | €15,792 | €14,672 | -€1,120 | -7.1% |
| Amounts payable within one year | 42/48 | €15,792 | €14,672 | -€1,120 | -7.1% |
| Trade debts | 44 | €1,473 | €254 | -€1,219 | -82.8% |
| Suppliers | 440/4 | €1,473 | €254 | -€1,219 | -82.8% |
| Taxes, remuneration and social security | 45 | €14,267 | €14,367 | +€99 | +0.7% |
| Taxes | 450/3 | €12,067 | €12,167 | +€99 | +0.8% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €52 | €52 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €842 | €2,529 | +€1,687 | +200.4% |
| Other operating charges | 640/8 | - | €189 | +€189 | |
| Gross operating margin | 9900 | €25,747 | €30,343 | +€4,596 | +17.9% |
| Operating profit (loss) | 9901 | €24,905 | €27,624 | +€2,719 | +10.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €415 | €360 | -€56 | -13.4% |
| Recurring financial charges | 65 | €415 | €360 | -€56 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €24,489 | €27,264 | +€2,775 | +11.3% |
| Income taxes | 67/77 | €5,183 | €5,630 | +€447 | +8.6% |
| Profit (loss) for the period | 9904 | €19,306 | €21,634 | +€2,328 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,306 | €21,634 | +€2,328 | +12.1% |
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 6 October 2026 via checked.be.