WHITE LINE: 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.
WHITE LINE
Largest movements
- Receivables after one year +€2,331
up €2,331 (+4.0%), from €57,684 to €60,015
- Cash -€703
down €703 (-98.6%), from €713 to €10
mainly Receivables after one year (-€2,331) and Deferred charges and accrued income (-€1)
- Profit (loss) carried forward +€1,629
up €1,629 (+10.2%), from €15,973 to €17,602
- Gross operating margin +€2,182
up €2,182 (+99.7%), from -€2,189 to -€7
- Financial charges +€394
up €394 (+141.7%), from €278 to €672
- Other operating charges -€290
no longer reported in 2025 (was €290)
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 | €60,704 | €62,333 | +€1,629 | +2.7% |
| Current assets | 29/58 | €60,704 | €62,333 | +€1,629 | +2.7% |
| Amounts receivable after more than one year | 29 | €57,684 | €60,015 | +€2,331 | +4.0% |
| Other amounts receivable | 291 | €57,684 | €60,015 | +€2,331 | +4.0% |
| Cash at bank and in hand | 54/58 | €713 | €10 | -€703 | -98.6% |
| Deferred charges and accrued income | 490/1 | €2,307 | €2,308 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €60,704 | €62,333 | +€1,629 | +2.7% |
| Equity | 10/15 | €57,629 | €59,258 | +€1,629 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,456 | €35,456 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,596 | €33,596 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,973 | €17,602 | +€1,629 | +10.2% |
| Amounts payable | 17/49 | €3,075 | €3,075 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,075 | €3,075 | = | 0.0% |
| Trade debts | 44 | €3,075 | €3,075 | = | 0.0% |
| Suppliers | 440/4 | €3,075 | €3,075 | = | 0.0% |
| Other operating charges | 640/8 | €290 | - | -€290 | |
| Non-recurring operating charges | 66A | €514 | - | -€514 | |
| Gross operating margin | 9900 | -€2,189 | -€7 | +€2,182 | +99.7% |
| Operating profit (loss) | 9901 | -€2,993 | -€7 | +€2,986 | +99.8% |
| Financial income | 75/76B | €2,307 | €2,308 | +€1 | 0.0% |
| Recurring financial income | 75 | €2,307 | €2,308 | +€1 | 0.0% |
| Financial charges | 65/66B | €278 | €672 | +€394 | +141.7% |
| Recurring financial charges | 65 | €278 | €672 | +€394 | +141.7% |
| Profit (loss) for the period before taxes | 9903 | -€964 | €1,629 | +€2,593 | |
| Profit (loss) for the period | 9904 | -€964 | €1,629 | +€2,593 | |
| Transfer from tax-exempt reserves | 789 | €25 | - | -€25 | |
| Profit (loss) for the period to be appropriated | 9905 | -€939 | €1,629 | +€2,568 |
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.