Workshop X: 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.
Workshop X
Largest movements
- Stocks and contracts +€25,531
new in 2025: €25,531
- Cash +€24,710
new in 2025: €24,710
mainly Trade debts (+€36,802) and Current investments (+€10,030)
- Current investments -€10,030
no longer reported in 2025 (was €10,030)
- Tangible fixed assets +€6,056
up €6,056, from €0 to €6,056
of which Plant, machinery and equipment: +€4,456
- Receivables within one year -€3,268
down €3,268 (-30.6%), from €10,689 to €7,421
of which Trade receivables: -€3,417
- Trade debts +€36,802
up €36,802 (+6165.3%), from €597 to €37,399
- Profit (loss) carried forward +€5,071
up €5,071 (+19.2%), from -€26,471 to -€21,400
- Other debts +€669
up €669 (+2.0%), from €34,204 to €34,873
- Purchases and services -€8,071
no longer reported in 2025 (was €8,071)
- Gross operating margin +€4,323
up €4,323 (+67.0%), from €6,449 to €10,772
- Other operating charges -€2,909
down €2,909 (-86.8%), from €3,350 to €442
- Depreciation +€2,114
new in 2025: €2,114
- Taxes +€1,835
up €1,835 (+290.3%), from €632 to €2,467
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 | €20,719 | €63,718 | +€42,999 | +207.5% |
| Fixed assets | 21/28 | €0 | €6,056 | +€6,056 | |
| Tangible fixed assets | 22/27 | €0 | €6,056 | +€6,056 | |
| Plant, machinery and equipment | 23 | - | €4,456 | +€4,456 | |
| Furniture and vehicles | 24 | €0 | €1,600 | +€1,600 | |
| Current assets | 29/58 | €20,719 | €57,662 | +€36,943 | +178.3% |
| Stocks and contracts in progress | 3 | - | €25,531 | +€25,531 | |
| Stocks | 30/36 | - | €25,531 | +€25,531 | |
| Amounts receivable within one year | 40/41 | €10,689 | €7,421 | -€3,268 | -30.6% |
| Trade receivables | 40 | €10,287 | €6,870 | -€3,417 | -33.2% |
| Other amounts receivable | 41 | €402 | €551 | +€149 | +37.1% |
| Current investments | 50/53 | €10,030 | - | -€10,030 | |
| Cash at bank and in hand | 54/58 | - | €24,710 | +€24,710 | |
| Total equity and liabilities | 10/49 | €20,719 | €63,718 | +€42,999 | +207.5% |
| Equity | 10/15 | -€14,414 | -€9,343 | +€5,071 | +35.2% |
| Contributions | 10/11 | €10,197 | €10,197 | = | 0.0% |
| Capital | 10 | €10,197 | - | -€10,197 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Uncalled capital | 101 | €8,395 | - | -€8,395 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€26,471 | -€21,400 | +€5,071 | +19.2% |
| Amounts payable | 17/49 | €35,133 | €73,061 | +€37,929 | +108.0% |
| Amounts payable within one year | 42/48 | €35,133 | €73,061 | +€37,929 | +108.0% |
| Trade debts | 44 | €597 | €37,399 | +€36,802 | +6165.3% |
| Suppliers | 440/4 | €597 | €37,399 | +€36,802 | +6165.3% |
| Taxes, remuneration and social security | 45 | €332 | €789 | +€457 | +137.7% |
| Taxes | 450/3 | €332 | €789 | +€457 | +137.7% |
| Other amounts payable | 47/48 | €34,204 | €34,873 | +€669 | +2.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,071 | - | -€8,071 | |
| Remuneration, social security and pensions | 62 | - | €595 | +€595 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,114 | +€2,114 | |
| Other operating charges | 640/8 | €3,350 | €442 | -€2,909 | -86.8% |
| Gross operating margin | 9900 | €6,449 | €10,772 | +€4,323 | +67.0% |
| Operating profit (loss) | 9901 | €3,098 | €7,621 | +€4,523 | +146.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €134 | €85 | -€49 | -36.5% |
| Recurring financial charges | 65 | €134 | €85 | -€49 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €2,965 | €7,537 | +€4,573 | +154.2% |
| Income taxes | 67/77 | €632 | €2,467 | +€1,835 | +290.3% |
| Profit (loss) for the period | 9904 | €2,333 | €5,071 | +€2,738 | +117.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,333 | €5,071 | +€2,738 | +117.4% |
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 29 September 2026 via checked.be.