WAY2EVENTS: 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.
WAY2EVENTS
Largest movements
- Receivables within one year +€140,533
up €140,533 (+23.6%), from €594,363 to €734,896
of which Trade receivables: +€106,323
- Deferred charges and accrued income +€69,220
up €69,220 (+18.0%), from €385,281 to €454,502
- Cash +€45,335
up €45,335 (+30.6%), from €147,947 to €193,282
mainly Trade debts (+€186,996) and Accrued charges and deferred income (+€41,359)
- Tangible fixed assets -€31,999
down €31,999 (-24.5%), from €130,694 to €98,696
- Receivables after one year -€16,363
down €16,363 (-26.1%), from €62,775 to €46,413
- Trade debts +€186,996
up €186,996 (+92.9%), from €201,258 to €388,254
- Accrued charges and deferred income +€41,359
up €41,359 (+5.3%), from €777,627 to €818,986
- Reserves +€27,088
up €27,088 (+17.1%), from €158,128 to €185,216
of which Distributable reserves: +€27,088
- Tax, wage and social debts -€26,985
down €26,985 (-45.7%), from €59,089 to €32,104
of which Taxes: -€26,325
- Debts after one year -€21,275
down €21,275 (-26.8%), from €79,458 to €58,183
- Staff costs +€12,329
up €12,329 (+7.0%), from €177,139 to €189,468
- Taxes -€8,194
down €8,194 (-27.7%), from €29,558 to €21,364
- Gross operating margin -€7,497
down €7,497 (-2.3%), from €320,926 to €313,430
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 | €1,321,061 | €1,538,035 | +€216,974 | +16.4% |
| Fixed assets | 21/28 | €130,694 | €108,942 | -€21,752 | -16.6% |
| Intangible fixed assets | 21 | - | €10,247 | +€10,247 | |
| Tangible fixed assets | 22/27 | €130,694 | €98,696 | -€31,999 | -24.5% |
| Land and buildings | 22 | €76,999 | €63,649 | -€13,349 | -17.3% |
| Plant, machinery and equipment | 23 | €33,566 | €21,136 | -€12,430 | -37.0% |
| Furniture and vehicles | 24 | €20,130 | €13,910 | -€6,220 | -30.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €1,190,367 | €1,429,092 | +€238,726 | +20.1% |
| Amounts receivable after more than one year | 29 | €62,775 | €46,413 | -€16,363 | -26.1% |
| Trade receivables | 290 | €62,775 | €46,413 | -€16,363 | -26.1% |
| Amounts receivable within one year | 40/41 | €594,363 | €734,896 | +€140,533 | +23.6% |
| Trade receivables | 40 | €585,674 | €691,998 | +€106,323 | +18.2% |
| Other amounts receivable | 41 | €8,688 | €42,898 | +€34,210 | +394% |
| Cash at bank and in hand | 54/58 | €147,947 | €193,282 | +€45,335 | +30.6% |
| Deferred charges and accrued income | 490/1 | €385,281 | €454,502 | +€69,220 | +18.0% |
| Total equity and liabilities | 10/49 | €1,321,061 | €1,538,035 | +€216,974 | +16.4% |
| Equity | 10/15 | €167,935 | €195,023 | +€27,088 | +16.1% |
| Contributions | 10/11 | €117,600 | €117,600 | = | 0.0% |
| Reserves | 13 | €158,128 | €185,216 | +€27,088 | +17.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €8,022 | €8,022 | = | 0.0% |
| Distributable reserves | 133 | €150,105 | €177,194 | +€27,088 | +18.0% |
| Profit (loss) carried forward | 14 | -€107,793 | -€107,793 | = | 0.0% |
| Amounts payable | 17/49 | €1,153,126 | €1,343,012 | +€189,886 | +16.5% |
| Amounts payable after more than one year | 17 | €79,458 | €58,183 | -€21,275 | -26.8% |
| Financial debts | 170/4 | €79,458 | €58,183 | -€21,275 | -26.8% |
| Amounts payable within one year | 42/48 | €296,041 | €465,843 | +€169,801 | +57.4% |
| Current portion of amounts payable after more than one year | 42 | €25,292 | €24,492 | -€800 | -3.2% |
| Financial debts | 43 | €5,185 | €13,563 | +€8,378 | +162% |
| Credit institutions | 430/8 | €5,185 | €13,563 | +€8,378 | +162% |
| Trade debts | 44 | €201,258 | €388,254 | +€186,996 | +92.9% |
| Suppliers | 440/4 | €201,258 | €388,254 | +€186,996 | +92.9% |
| Taxes, remuneration and social security | 45 | €59,089 | €32,104 | -€26,985 | -45.7% |
| Taxes | 450/3 | €30,698 | €4,373 | -€26,325 | -85.8% |
| Remuneration and social security | 454/9 | €28,391 | €27,731 | -€659 | -2.3% |
| Other amounts payable | 47/48 | €5,218 | €7,430 | +€2,212 | +42.4% |
| Accrued charges and deferred income | 492/3 | €777,627 | €818,986 | +€41,359 | +5.3% |
| Remuneration, social security and pensions | 62 | €177,139 | €189,468 | +€12,329 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,123 | €39,093 | -€2,030 | -4.9% |
| Other operating charges | 640/8 | €9,112 | €10,748 | +€1,636 | +18.0% |
| Gross operating margin | 9900 | €320,926 | €313,430 | -€7,497 | -2.3% |
| Operating profit (loss) | 9901 | €93,553 | €74,121 | -€19,432 | -20.8% |
| Financial income | 75/76B | €2,268 | €4,210 | +€1,942 | +85.6% |
| Recurring financial income | 75 | €2,268 | €4,210 | +€1,942 | +85.6% |
| Financial charges | 65/66B | €29,355 | €29,879 | +€524 | +1.8% |
| Recurring financial charges | 65 | €29,355 | €29,879 | +€524 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €66,466 | €48,452 | -€18,014 | -27.1% |
| Income taxes | 67/77 | €29,558 | €21,364 | -€8,194 | -27.7% |
| Profit (loss) for the period | 9904 | €36,909 | €27,088 | -€9,820 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,909 | €27,088 | -€9,820 | -26.6% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.