C. CONSULT: 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.
C. CONSULT
Largest movements
- Cash +€28,396
up €28,396 (+341%), from €8,317 to €36,713
mainly Net result for the year (+€85,905) and Depreciation (+€29,687)
- Tangible fixed assets -€24,294
down €24,294 (-2.5%), from €963,656 to €939,362
of which Land and buildings: -€23,628
- Profit (loss) carried forward +€85,905
up €85,905 (+36.6%), from €234,656 to €320,561
- Debts after one year -€85,277
down €85,277 (-6.9%), from €1.2m to €1.2m
- Other debts -€21,500
down €21,500 (-28.1%), from €76,500 to €55,000
- Financial charges -€14,698
down €14,698 (-28.9%), from €50,864 to €36,166
of which Non-recurring financial charges: -€10,500
- Taxes +€5,297
up €5,297 (+61.2%), from €8,653 to €13,950
- Financial income -€4,849
down €4,849 (-8.1%), from €59,922 to €55,073
- Gross operating margin +€2,667
up €2,667 (+2.4%), from €112,499 to €115,166
- Other operating charges +€1,192
up €1,192 (+35.7%), from €3,338 to €4,530
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 | €1,684,815 | €1,662,788 | -€22,028 | -1.3% |
| Fixed assets | 21/28 | €1,593,656 | €1,569,362 | -€24,294 | -1.5% |
| Tangible fixed assets | 22/27 | €963,656 | €939,362 | -€24,294 | -2.5% |
| Land and buildings | 22 | €960,720 | €937,092 | -€23,628 | -2.5% |
| Furniture and vehicles | 24 | €2,935 | €2,270 | -€665 | -22.7% |
| Financial fixed assets | 28 | €630,000 | €630,000 | = | 0.0% |
| Current assets | 29/58 | €91,159 | €93,425 | +€2,266 | +2.5% |
| Amounts receivable within one year | 40/41 | €42,557 | €30,780 | -€11,778 | -27.7% |
| Trade receivables | 40 | €37,711 | €27,672 | -€10,039 | -26.6% |
| Other amounts receivable | 41 | €4,846 | €3,108 | -€1,738 | -35.9% |
| Cash at bank and in hand | 54/58 | €8,317 | €36,713 | +€28,396 | +341% |
| Deferred charges and accrued income | 490/1 | €40,285 | €25,933 | -€14,352 | -35.6% |
| Total equity and liabilities | 10/49 | €1,684,815 | €1,662,788 | -€22,028 | -1.3% |
| Equity | 10/15 | €247,056 | €339,161 | +€92,105 | +37.3% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Profit (loss) carried forward | 14 | €234,656 | €320,561 | +€85,905 | +36.6% |
| Amounts payable | 17/49 | €1,437,759 | €1,323,627 | -€114,132 | -7.9% |
| Amounts payable after more than one year | 17 | €1,238,016 | €1,152,739 | -€85,277 | -6.9% |
| Financial debts | 170/4 | €1,238,016 | €1,152,739 | -€85,277 | -6.9% |
| Amounts payable within one year | 42/48 | €185,221 | €160,565 | -€24,656 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €84,660 | €85,277 | +€617 | +0.7% |
| Trade debts | 44 | €5,130 | €14,125 | +€8,995 | +175% |
| Suppliers | 440/4 | €5,130 | €14,125 | +€8,995 | +175% |
| Taxes, remuneration and social security | 45 | €18,931 | €6,163 | -€12,768 | -67.4% |
| Taxes | 450/3 | €18,931 | €6,163 | -€12,768 | -67.4% |
| Other amounts payable | 47/48 | €76,500 | €55,000 | -€21,500 | -28.1% |
| Accrued charges and deferred income | 492/3 | €14,522 | €10,322 | -€4,199 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,640 | €29,687 | +€47 | +0.2% |
| Other operating charges | 640/8 | €3,338 | €4,530 | +€1,192 | +35.7% |
| Gross operating margin | 9900 | €112,499 | €115,166 | +€2,667 | +2.4% |
| Operating profit (loss) | 9901 | €79,521 | €80,948 | +€1,427 | +1.8% |
| Financial income | 75/76B | €59,922 | €55,073 | -€4,849 | -8.1% |
| Recurring financial income | 75 | €59,922 | €55,073 | -€4,849 | -8.1% |
| Financial charges | 65/66B | €50,864 | €36,166 | -€14,698 | -28.9% |
| Recurring financial charges | 65 | €40,364 | €36,166 | -€4,198 | -10.4% |
| Non-recurring financial charges | 66B | €10,500 | - | -€10,500 | |
| Profit (loss) for the period before taxes | 9903 | €88,578 | €99,855 | +€11,276 | +12.7% |
| Income taxes | 67/77 | €8,653 | €13,950 | +€5,297 | +61.2% |
| Profit (loss) for the period | 9904 | €79,926 | €85,905 | +€5,979 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €79,926 | €85,905 | +€5,979 | +7.5% |
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 25 October 2026 via checked.be.