WORTH THE CHANGE: 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.
WORTH THE CHANGE
Largest movements
- Cash +€13,652
up €13,652 (+26.9%), from €50,747 to €64,399
mainly Net result for the year (+€13,671) and Depreciation (+€12,718)
- Tangible fixed assets -€11,614
down €11,614 (-30.9%), from €37,540 to €25,925
- Receivables within one year +€2,679
up €2,679 (+29.2%), from €9,177 to €11,856
of which Other amounts receivable: +€11,178
- Deferred charges and accrued income -€1,969
down €1,969 (-95.5%), from €2,062 to €93
- Profit (loss) carried forward +€13,671
up €13,671 (+28.6%), from €47,732 to €61,403
- Debts after one year -€8,561
down €8,561 (-31.2%), from €27,457 to €18,896
- Tax, wage and social debts -€3,511
down €3,511 (-31.6%), from €11,111 to €7,600
- Current portion of long-term debt +€1,100
up €1,100 (+13.3%), from €8,248 to €9,348
- Gross operating margin -€16,515
down €16,515 (-31.8%), from €52,003 to €35,488
- Taxes -€1,029
down €1,029 (-12.2%), from €8,467 to €7,438
- Depreciation +€700
up €700 (+5.8%), from €12,018 to €12,718
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 | €99,526 | €102,273 | +€2,747 | +2.8% |
| Fixed assets | 21/28 | €37,540 | €25,925 | -€11,614 | -30.9% |
| Tangible fixed assets | 22/27 | €37,540 | €25,925 | -€11,614 | -30.9% |
| Furniture and vehicles | 24 | €37,540 | €25,925 | -€11,614 | -30.9% |
| Current assets | 29/58 | €61,986 | €76,348 | +€14,361 | +23.2% |
| Amounts receivable within one year | 40/41 | €9,177 | €11,856 | +€2,679 | +29.2% |
| Trade receivables | 40 | €8,499 | - | -€8,499 | |
| Other amounts receivable | 41 | €678 | €11,856 | +€11,178 | +1,649% |
| Cash at bank and in hand | 54/58 | €50,747 | €64,399 | +€13,652 | +26.9% |
| Deferred charges and accrued income | 490/1 | €2,062 | €93 | -€1,969 | -95.5% |
| Total equity and liabilities | 10/49 | €99,526 | €102,273 | +€2,747 | +2.8% |
| Equity | 10/15 | €50,732 | €64,403 | +€13,671 | +26.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,732 | €61,403 | +€13,671 | +28.6% |
| Amounts payable | 17/49 | €48,794 | €37,870 | -€10,924 | -22.4% |
| Amounts payable after more than one year | 17 | €27,457 | €18,896 | -€8,561 | -31.2% |
| Financial debts | 170/4 | €27,457 | €18,896 | -€8,561 | -31.2% |
| Amounts payable within one year | 42/48 | €21,337 | €18,974 | -€2,362 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €8,248 | €9,348 | +€1,100 | +13.3% |
| Trade debts | 44 | €1,977 | €2,026 | +€49 | +2.5% |
| Suppliers | 440/4 | €1,977 | €2,026 | +€49 | +2.5% |
| Taxes, remuneration and social security | 45 | €11,111 | €7,600 | -€3,511 | -31.6% |
| Taxes | 450/3 | €11,111 | €7,600 | -€3,511 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,018 | €12,718 | +€700 | +5.8% |
| Other operating charges | 640/8 | €739 | €387 | -€352 | -47.6% |
| Gross operating margin | 9900 | €52,003 | €35,488 | -€16,515 | -31.8% |
| Operating profit (loss) | 9901 | €39,245 | €22,383 | -€16,863 | -43.0% |
| Financial income | 75/76B | €0 | €68 | +€68 | +227,267% |
| Recurring financial income | 75 | €0 | €68 | +€68 | +227,267% |
| Financial charges | 65/66B | €1,681 | €1,342 | -€339 | -20.2% |
| Recurring financial charges | 65 | €1,681 | €1,342 | -€339 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €37,564 | €21,109 | -€16,455 | -43.8% |
| Income taxes | 67/77 | €8,467 | €7,438 | -€1,029 | -12.2% |
| Profit (loss) for the period | 9904 | €29,097 | €13,671 | -€15,427 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,097 | €13,671 | -€15,427 | -53.0% |
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 31 October 2026 via checked.be.