WELCOME GALLERY: 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.
WELCOME GALLERY
Largest movements
- Stocks and contracts +€32,286
up €32,286 (+31.6%), from €102,155 to €134,442
- Receivables within one year -€7,269
down €7,269 (-71.2%), from €10,212 to €2,942
of which Trade receivables: -€7,306
- Profit (loss) carried forward +€23,689
up €23,689 (+21.3%), from -€111,230 to -€87,541
- Accrued charges and deferred income -€6,613
down €6,613 (-38.8%), from €17,033 to €10,420
- Other debts +€3,776
up €3,776 (+3.1%), from €120,291 to €124,066
- Tax, wage and social debts +€1,971
up €1,971 (+13.4%), from €14,711 to €16,682
of which Taxes: +€1,237
- Trade debts +€1,499
up €1,499 (+6.3%), from €23,816 to €25,315
- Gross operating margin +€113,399
up €113,399, from -€6,529 to €106,870
- Staff costs +€11,288
up €11,288 (+17.4%), from €64,845 to €76,132
- Other operating charges -€3,298
down €3,298 (-85.8%), from €3,844 to €545
- Financial income +€2,976
up €2,976 (+7,440,075%), from €0 to €2,976
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,296 | €142,177 | +€23,882 | +20.2% |
| Fixed assets | 21/28 | €5,231 | €4,793 | -€438 | -8.4% |
| Tangible fixed assets | 22/27 | €2,818 | €1,941 | -€878 | -31.1% |
| Furniture and vehicles | 24 | €920 | €522 | -€398 | -43.3% |
| Other tangible fixed assets | 26 | €1,898 | €1,418 | -€480 | -25.3% |
| Financial fixed assets | 28 | €2,413 | €2,853 | +€440 | +18.2% |
| Current assets | 29/58 | €113,065 | €137,384 | +€24,319 | +21.5% |
| Stocks and contracts in progress | 3 | €102,155 | €134,442 | +€32,286 | +31.6% |
| Stocks | 30/36 | €102,155 | €134,442 | +€32,286 | +31.6% |
| Amounts receivable within one year | 40/41 | €10,212 | €2,942 | -€7,269 | -71.2% |
| Trade receivables | 40 | €8,936 | €1,630 | -€7,306 | -81.8% |
| Other amounts receivable | 41 | €1,275 | €1,312 | +€37 | +2.9% |
| Deferred charges and accrued income | 490/1 | €698 | - | -€698 | |
| Total equity and liabilities | 10/49 | €118,296 | €142,177 | +€23,882 | +20.2% |
| Equity | 10/15 | -€92,550 | -€68,861 | +€23,689 | +25.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Share premium | 1100/10 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €80 | €80 | = | 0.0% |
| Non-distributable reserves | 130/1 | €80 | €80 | = | 0.0% |
| Legal reserve | 130 | €80 | €80 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,230 | -€87,541 | +€23,689 | +21.3% |
| Amounts payable | 17/49 | €210,846 | €211,038 | +€192 | +0.1% |
| Amounts payable within one year | 42/48 | €193,813 | €200,619 | +€6,805 | +3.5% |
| Financial debts | 43 | €34,996 | €34,556 | -€440 | -1.3% |
| Credit institutions | 430/8 | €34,996 | €34,556 | -€440 | -1.3% |
| Trade debts | 44 | €23,816 | €25,315 | +€1,499 | +6.3% |
| Suppliers | 440/4 | €23,816 | €25,315 | +€1,499 | +6.3% |
| Taxes, remuneration and social security | 45 | €14,711 | €16,682 | +€1,971 | +13.4% |
| Taxes | 450/3 | €6,447 | €7,684 | +€1,237 | +19.2% |
| Remuneration and social security | 454/9 | €8,264 | €8,998 | +€733 | +8.9% |
| Other amounts payable | 47/48 | €120,291 | €124,066 | +€3,776 | +3.1% |
| Accrued charges and deferred income | 492/3 | €17,033 | €10,420 | -€6,613 | -38.8% |
| Remuneration, social security and pensions | 62 | €64,845 | €76,132 | +€11,288 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €754 | €878 | +€124 | +16.5% |
| Other operating charges | 640/8 | €3,844 | €545 | -€3,298 | -85.8% |
| Gross operating margin | 9900 | -€6,529 | €106,870 | +€113,399 | |
| Operating profit (loss) | 9901 | -€75,971 | €29,315 | +€105,286 | |
| Financial income | 75/76B | €0 | €2,976 | +€2,976 | +7,440,075% |
| Recurring financial income | 75 | €0 | €2,976 | +€2,976 | +7,440,075% |
| Financial charges | 65/66B | €8,958 | €8,602 | -€357 | -4.0% |
| Recurring financial charges | 65 | €8,958 | €8,602 | -€357 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€84,929 | €23,689 | +€108,618 | |
| Profit (loss) for the period | 9904 | -€84,929 | €23,689 | +€108,618 | |
| Profit (loss) for the period to be appropriated | 9905 | -€84,929 | €23,689 | +€108,618 |
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 19 October 2026 via checked.be.