YOUR SPACE: 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.
YOUR SPACE
Largest movements
- Tangible fixed assets +€72,487
up €72,487 (+374.6%), from €19,352 to €91,839
of which Furniture and vehicles: +€64,457
- Current investments -€48,198
down €48,198 (-31.7%), from €152,003 to €103,805
- Cash +€36,037
up €36,037 (+42.6%), from €84,558 to €120,595
mainly Net result for the year (+€82,846) and Current investments (+€48,198)
- Reserves +€82,013
up €82,013 (+34.8%), from €235,556 to €317,568
- Tax, wage and social debts -€24,306
down €24,306 (-75.9%), from €32,029 to €7,723
- Trade debts +€9,916
up €9,916 (+408.6%), from €2,427 to €12,343
- Other debts -€6,147
down €6,147 (-49.1%), from €12,518 to €6,370
- Financial charges -€2,016
down €2,016 (-42.6%), from €4,733 to €2,717
- Taxes +€1,184
up €1,184 (+5.3%), from €22,521 to €23,705
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 | €301,904 | €362,959 | +€61,055 | +20.2% |
| Fixed assets | 21/28 | €19,352 | €91,839 | +€72,487 | +374.6% |
| Tangible fixed assets | 22/27 | €19,352 | €91,839 | +€72,487 | +374.6% |
| Furniture and vehicles | 24 | €5,585 | €70,042 | +€64,457 | +1154.1% |
| Other tangible fixed assets | 26 | €13,767 | €21,797 | +€8,031 | +58.3% |
| Current assets | 29/58 | €282,552 | €271,120 | -€11,432 | -4.0% |
| Stocks and contracts in progress | 3 | - | €363 | +€363 | |
| Stocks | 30/36 | - | €363 | +€363 | |
| Amounts receivable within one year | 40/41 | €44,434 | €43,324 | -€1,111 | -2.5% |
| Trade receivables | 40 | €44,434 | €41,160 | -€3,274 | -7.4% |
| Other amounts receivable | 41 | - | €2,164 | +€2,164 | |
| Current investments | 50/53 | €152,003 | €103,805 | -€48,198 | -31.7% |
| Cash at bank and in hand | 54/58 | €84,558 | €120,595 | +€36,037 | +42.6% |
| Deferred charges and accrued income | 490/1 | €1,556 | €3,033 | +€1,477 | +94.9% |
| Total equity and liabilities | 10/49 | €301,904 | €362,959 | +€61,055 | +20.2% |
| Equity | 10/15 | €245,556 | €327,568 | +€82,013 | +33.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €235,556 | €317,568 | +€82,013 | +34.8% |
| Distributable reserves | 133 | €235,556 | €317,568 | +€82,013 | +34.8% |
| Amounts payable | 17/49 | €56,348 | €35,391 | -€20,957 | -37.2% |
| Amounts payable within one year | 42/48 | €46,973 | €26,437 | -€20,536 | -43.7% |
| Trade debts | 44 | €2,427 | €12,343 | +€9,916 | +408.6% |
| Suppliers | 440/4 | €2,427 | €12,343 | +€9,916 | +408.6% |
| Taxes, remuneration and social security | 45 | €32,029 | €7,723 | -€24,306 | -75.9% |
| Taxes | 450/3 | €32,029 | €7,723 | -€24,306 | -75.9% |
| Other amounts payable | 47/48 | €12,518 | €6,370 | -€6,147 | -49.1% |
| Accrued charges and deferred income | 492/3 | €9,375 | €8,954 | -€421 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,459 | €4,479 | -€980 | -18.0% |
| Other operating charges | 640/8 | €581 | €1,083 | +€501 | +86.2% |
| Gross operating margin | 9900 | €108,098 | €108,600 | +€502 | +0.5% |
| Operating profit (loss) | 9901 | €102,057 | €103,039 | +€981 | +1.0% |
| Financial income | 75/76B | €5,807 | €6,230 | +€422 | +7.3% |
| Recurring financial income | 75 | €5,807 | €6,230 | +€422 | +7.3% |
| Financial charges | 65/66B | €4,733 | €2,717 | -€2,016 | -42.6% |
| Recurring financial charges | 65 | €4,733 | €2,717 | -€2,016 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €103,131 | €106,551 | +€3,420 | +3.3% |
| Income taxes | 67/77 | €22,521 | €23,705 | +€1,184 | +5.3% |
| Profit (loss) for the period | 9904 | €80,610 | €82,846 | +€2,236 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,610 | €82,846 | +€2,236 | +2.8% |
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.