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.
SB-IT
Largest movements
- Receivables after one year +€34,566
up €34,566 (+237.4%), from €14,560 to €49,126
- Cash -€11,541
down €11,541 (-41.0%), from €28,140 to €16,599
mainly Receivables after one year (-€34,566) and Receivables within one year (-€10,880)
- Receivables within one year +€10,880
up €10,880 (+73.6%), from €14,789 to €25,669
of which Trade receivables: +€10,880
- Tangible fixed assets -€2,383
down €2,383 (-64.1%), from €3,717 to €1,334
- Profit (loss) carried forward +€20,355
up €20,355 (+43.0%), from €47,293 to €67,648
- Trade debts +€12,935
up €12,935 (+216.3%), from €5,980 to €18,915
- Tax, wage and social debts -€2,681
down €2,681 (-16.2%), from €16,579 to €13,897
of which Taxes: -€2,681
- Gross operating margin -€1,581
down €1,581 (-4.5%), from €35,417 to €33,836
- Other operating charges -€726
down €726 (-21.5%), from €3,378 to €2,652
- Depreciation -€366
down €366 (-13.3%), from €2,749 to €2,383
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 | €70,852 | €101,460 | +€30,608 | +43.2% |
| Fixed assets | 21/28 | €4,650 | €2,267 | -€2,383 | -51.2% |
| Tangible fixed assets | 22/27 | €3,717 | €1,334 | -€2,383 | -64.1% |
| Furniture and vehicles | 24 | €3,717 | €1,334 | -€2,383 | -64.1% |
| Financial fixed assets | 28 | €933 | €933 | = | 0.0% |
| Current assets | 29/58 | €66,202 | €99,193 | +€32,991 | +49.8% |
| Amounts receivable after more than one year | 29 | €14,560 | €49,126 | +€34,566 | +237.4% |
| Trade receivables | 290 | €14,560 | €49,126 | +€34,566 | +237.4% |
| Amounts receivable within one year | 40/41 | €14,789 | €25,669 | +€10,880 | +73.6% |
| Trade receivables | 40 | €14,717 | €25,597 | +€10,880 | +73.9% |
| Other amounts receivable | 41 | €72 | €72 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,140 | €16,599 | -€11,541 | -41.0% |
| Deferred charges and accrued income | 490/1 | €8,714 | €7,800 | -€914 | -10.5% |
| Total equity and liabilities | 10/49 | €70,852 | €101,460 | +€30,608 | +43.2% |
| Equity | 10/15 | €48,293 | €68,648 | +€20,355 | +42.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,293 | €67,648 | +€20,355 | +43.0% |
| Amounts payable | 17/49 | €22,559 | €32,812 | +€10,253 | +45.5% |
| Amounts payable within one year | 42/48 | €22,559 | €32,812 | +€10,253 | +45.5% |
| Trade debts | 44 | €5,980 | €18,915 | +€12,935 | +216.3% |
| Suppliers | 440/4 | €5,980 | €18,915 | +€12,935 | +216.3% |
| Taxes, remuneration and social security | 45 | €16,579 | €13,897 | -€2,681 | -16.2% |
| Taxes | 450/3 | €14,812 | €12,131 | -€2,681 | -18.1% |
| Remuneration and social security | 454/9 | €1,767 | €1,767 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,749 | €2,383 | -€366 | -13.3% |
| Other operating charges | 640/8 | €3,378 | €2,652 | -€726 | -21.5% |
| Gross operating margin | 9900 | €35,417 | €33,836 | -€1,581 | -4.5% |
| Operating profit (loss) | 9901 | €29,289 | €28,800 | -€489 | -1.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,445 | €1,323 | -€122 | -8.4% |
| Recurring financial charges | 65 | €1,445 | €1,323 | -€122 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €27,844 | €27,477 | -€367 | -1.3% |
| Income taxes | 67/77 | €7,021 | €7,122 | +€101 | +1.4% |
| Profit (loss) for the period | 9904 | €20,823 | €20,355 | -€469 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,823 | €20,355 | -€469 | -2.3% |
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 27 September 2026 via checked.be.