WHY WHY: 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.
WHY WHY
Largest movements
- Receivables within one year -€126,628
down €126,628 (-78.5%), from €161,326 to €34,698
of which Trade receivables: -€109,296
- Cash -€58,975
down €58,975 (-99.2%), from €59,424 to €449
mainly Trade debts (-€186,028) and Other debts (-€37,605)
- Deferred charges and accrued income -€17,686
no longer reported in 2025 (was €17,686)
- Trade debts -€186,028
no longer reported in 2025 (was €186,028)
- Other debts -€37,605
no longer reported in 2025 (was €37,605)
- Debts after one year +€10,371
up €10,371 (+107.7%), from €9,629 to €20,000
- Profit (loss) carried forward +€10,326
up €10,326 (+25.5%), from -€40,437 to -€30,111
- Purchases and services -€231,551
down €231,551 (-85.1%), from €271,967 to €40,416
- Turnover -€227,519
down €227,519 (-69.8%), from €325,923 to €98,405
- Staff costs -€13,664
down €13,664 (-23.6%), from €57,869 to €44,205
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 | €245,688 | €43,658 | -€202,030 | -82.2% |
| Fixed assets | 21/28 | €7,252 | €8,511 | +€1,259 | +17.4% |
| Tangible fixed assets | 22/27 | €6,993 | €8,252 | +€1,259 | +18.0% |
| Plant, machinery and equipment | 23 | €6,993 | €8,252 | +€1,259 | +18.0% |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €238,436 | €35,147 | -€203,289 | -85.3% |
| Amounts receivable within one year | 40/41 | €161,326 | €34,698 | -€126,628 | -78.5% |
| Trade receivables | 40 | €128,550 | €19,254 | -€109,296 | -85.0% |
| Other amounts receivable | 41 | €32,776 | €15,444 | -€17,332 | -52.9% |
| Cash at bank and in hand | 54/58 | €59,424 | €449 | -€58,975 | -99.2% |
| Deferred charges and accrued income | 490/1 | €17,686 | - | -€17,686 | |
| Total equity and liabilities | 10/49 | €245,688 | €43,658 | -€202,030 | -82.2% |
| Equity | 10/15 | €5,763 | €16,089 | +€10,326 | +179.2% |
| Contributions | 10/11 | €46,200 | €46,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,437 | -€30,111 | +€10,326 | +25.5% |
| Amounts payable | 17/49 | €239,925 | €27,569 | -€212,356 | -88.5% |
| Amounts payable after more than one year | 17 | €9,629 | €20,000 | +€10,371 | +107.7% |
| Other amounts payable | 178/9 | €9,629 | €20,000 | +€10,371 | +107.7% |
| Amounts payable within one year | 42/48 | €230,295 | €5,369 | -€224,927 | -97.7% |
| Trade debts | 44 | €186,028 | - | -€186,028 | |
| Suppliers | 440/4 | €186,028 | - | -€186,028 | |
| Taxes, remuneration and social security | 45 | €6,662 | €5,369 | -€1,293 | -19.4% |
| Taxes | 450/3 | €223 | €5,369 | +€5,146 | +2308.2% |
| Remuneration and social security | 454/9 | €6,439 | - | -€6,439 | |
| Other amounts payable | 47/48 | €37,605 | - | -€37,605 | |
| Accrued charges and deferred income | 492/3 | - | €2,200 | +€2,200 | |
| Turnover | 70 | €325,923 | €98,405 | -€227,519 | -69.8% |
| Non-recurring operating income | 76A | €1,001 | - | -€1,001 | |
| Goods, raw materials, services and sundry goods | 60/61 | €271,967 | €40,416 | -€231,551 | -85.1% |
| Remuneration, social security and pensions | 62 | €57,869 | €44,205 | -€13,664 | -23.6% |
| Other operating charges | 640/8 | €401 | €520 | +€119 | +29.7% |
| Gross operating margin | 9900 | €54,957 | €57,988 | +€3,032 | +5.5% |
| Operating profit (loss) | 9901 | -€3,313 | €13,264 | +€16,577 | |
| Financial charges | 65/66B | €201 | €547 | +€347 | +172.8% |
| Recurring financial charges | 65 | €201 | €547 | +€347 | +172.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,513 | €12,717 | +€16,230 | |
| Income taxes | 67/77 | - | €2,391 | +€2,391 | |
| Profit (loss) for the period | 9904 | -€3,513 | €10,326 | +€13,839 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,513 | €10,326 | +€13,839 |
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 4 October 2026 via checked.be.