TBD: what changed
TBD
Largest movements
- Cash -€4,299
down €4,299 (-56.6%), from €7,600 to €3,301
mainly Net result for the year (-€5,438)
- Tangible fixed assets -€864
down €864 (-15.0%), from €5,774 to €4,910
of which Plant, machinery and equipment: -€833
- Profit (loss) carried forward -€5,438
down €5,438, from €5,062 to -€376
- Trade debts +€158
up €158 (+532%), from €30 to €187
- Gross operating margin -€8,579
down €8,579, from €4,439 to -€4,141
- Depreciation +€500
up €500 (+138%), from €364 to €864
- Other operating charges -€96
down €96 (-19.9%), from €484 to €387
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,374 | €8,211 | -€5,163 | -38.6% |
| Fixed assets | 21/28 | €5,774 | €4,910 | -€864 | -15.0% |
| Tangible fixed assets | 22/27 | €5,774 | €4,910 | -€864 | -15.0% |
| Land and buildings | 22 | €1,606 | €1,576 | -€30 | -1.9% |
| Plant, machinery and equipment | 23 | €4,167 | €3,334 | -€833 | -20.0% |
| Current assets | 29/58 | €7,600 | €3,301 | -€4,299 | -56.6% |
| Cash at bank and in hand | 54/58 | €7,600 | €3,301 | -€4,299 | -56.6% |
| Total equity and liabilities | 10/49 | €13,374 | €8,211 | -€5,163 | -38.6% |
| Equity | 10/15 | €13,122 | €7,684 | -€5,438 | -41.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,062 | -€376 | -€5,438 | |
| Amounts payable | 17/49 | €252 | €527 | +€275 | +109% |
| Amounts payable within one year | 42/48 | €252 | €527 | +€275 | +109% |
| Trade debts | 44 | €30 | €187 | +€158 | +532% |
| Suppliers | 440/4 | €30 | €187 | +€158 | +532% |
| Other amounts payable | 47/48 | €223 | €340 | +€117 | +52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €364 | €864 | +€500 | +138% |
| Other operating charges | 640/8 | €484 | €387 | -€96 | -19.9% |
| Gross operating margin | 9900 | €4,439 | -€4,141 | -€8,579 | |
| Operating profit (loss) | 9901 | €3,592 | -€5,392 | -€8,983 | |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €3,545 | -€5,438 | -€8,983 | |
| Profit (loss) for the period | 9904 | €3,545 | -€5,438 | -€8,983 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,545 | -€5,438 | -€8,983 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.