10be: 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.
10be
Largest movements
- Receivables within one year -€37,138
down €37,138 (-25.6%), from €144,819 to €107,681
of which Trade receivables: -€36,300
- Cash +€15,114
new in 2025: €15,114
mainly Receivables within one year (+€37,138) and Net result for the year (+€34,993)
- Tangible fixed assets -€7,897
down €7,897 (-28.8%), from €27,380 to €19,483
- Short-term financial debts -€41,940
down €41,940 (-100%), from €41,940 to €0
- Reserves +€31,194
up €31,194 (+13.8%), from €225,314 to €256,508
of which Distributable reserves: +€31,194
- Debts after one year -€11,382
down €11,382 (-56.6%), from €20,093 to €8,712
- Trade debts -€5,540
down €5,540 (-81.6%), from €6,789 to €1,249
- Financial income -€3,759
down €3,759 (-40.7%), from €9,242 to €5,483
- Gross operating margin +€1,842
up €1,842 (+3.1%), from €60,114 to €61,956
- Financial charges -€1,158
down €1,158 (-20.0%), from €5,798 to €4,639
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 | €347,501 | €318,733 | -€28,768 | -8.3% |
| Fixed assets | 21/28 | €27,380 | €19,483 | -€7,897 | -28.8% |
| Tangible fixed assets | 22/27 | €27,380 | €19,483 | -€7,897 | -28.8% |
| Furniture and vehicles | 24 | €27,380 | €19,483 | -€7,897 | -28.8% |
| Current assets | 29/58 | €320,121 | €299,250 | -€20,871 | -6.5% |
| Amounts receivable within one year | 40/41 | €144,819 | €107,681 | -€37,138 | -25.6% |
| Trade receivables | 40 | €36,300 | €0 | -€36,300 | -100% |
| Other amounts receivable | 41 | €108,519 | €107,681 | -€838 | -0.8% |
| Current investments | 50/53 | €175,000 | €175,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €15,114 | +€15,114 | |
| Deferred charges and accrued income | 490/1 | €303 | €1,455 | +€1,153 | +381% |
| Total equity and liabilities | 10/49 | €347,501 | €318,733 | -€28,768 | -8.3% |
| Equity | 10/15 | €243,914 | €275,108 | +€31,194 | +12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €225,314 | €256,508 | +€31,194 | +13.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €223,454 | €254,648 | +€31,194 | +14.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €103,587 | €43,625 | -€59,962 | -57.9% |
| Amounts payable after more than one year | 17 | €20,093 | €8,712 | -€11,382 | -56.6% |
| Financial debts | 170/4 | €20,093 | €8,712 | -€11,382 | -56.6% |
| Amounts payable within one year | 42/48 | €83,494 | €34,914 | -€48,580 | -58.2% |
| Current portion of amounts payable after more than one year | 42 | €11,120 | €11,382 | +€262 | +2.4% |
| Financial debts | 43 | €41,940 | €0 | -€41,940 | -100% |
| Credit institutions | 430/8 | €41,940 | €0 | -€41,940 | -100% |
| Trade debts | 44 | €6,789 | €1,249 | -€5,540 | -81.6% |
| Suppliers | 440/4 | €6,789 | €1,249 | -€5,540 | -81.6% |
| Taxes, remuneration and social security | 45 | €23,644 | €22,283 | -€1,362 | -5.8% |
| Taxes | 450/3 | €23,644 | €22,283 | -€1,362 | -5.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,501 | €10,661 | +€160 | +1.5% |
| Other operating charges | 640/8 | €1,213 | €990 | -€223 | -18.4% |
| Gross operating margin | 9900 | €60,114 | €61,956 | +€1,842 | +3.1% |
| Operating profit (loss) | 9901 | €48,401 | €50,305 | +€1,905 | +3.9% |
| Financial income | 75/76B | €9,242 | €5,483 | -€3,759 | -40.7% |
| Recurring financial income | 75 | €9,242 | €5,483 | -€3,759 | -40.7% |
| Financial charges | 65/66B | €5,798 | €4,639 | -€1,158 | -20.0% |
| Recurring financial charges | 65 | €5,798 | €4,639 | -€1,158 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €51,845 | €51,149 | -€696 | -1.3% |
| Income taxes | 67/77 | €15,881 | €16,155 | +€274 | +1.7% |
| Profit (loss) for the period | 9904 | €35,964 | €34,993 | -€970 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,964 | €34,993 | -€970 | -2.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.