2 FAST: 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.
2 FAST
Largest movements
- Receivables within one year -€10,968
down €10,968 (-59.5%), from €18,443 to €7,475
of which Trade receivables: -€11,086
- Cash +€10,522
up €10,522 (+68.9%), from €15,264 to €25,786
mainly Receivables within one year (+€10,968) and Stocks and contracts (+€4,973)
- Stocks and contracts -€4,973
down €4,973 (-15.3%), from €32,560 to €27,588
- Financial fixed assets -€1,308
down €1,308 (-35.8%), from €3,658 to €2,350
- Reserves -€5,613
down €5,613 (-12.6%), from €44,440 to €38,828
- Tax, wage and social debts -€1,461
down €1,461 (-84.9%), from €1,721 to €260
- Trade debts +€1,355
up €1,355 (+322%), from €421 to €1,777
- Other debts -€1,150
down €1,150 (-22.6%), from €5,086 to €3,936
- Gross operating margin +€10,698
up €10,698 (+78.8%), from -€13,583 to -€2,885
- Depreciation -€957
down €957 (-99.7%), from €960 to €3
- Write-downs -€507
down €507 (-61.8%), from €820 to €313
- Other operating charges +€226
up €226 (+35.8%), from €631 to €856
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,298 | €63,507 | -€6,791 | -9.7% |
| Fixed assets | 21/28 | €3,660 | €2,350 | -€1,310 | -35.8% |
| Tangible fixed assets | 22/27 | €3 | €0 | -€3 | -100% |
| Plant, machinery and equipment | 23 | €3 | €0 | -€3 | -100% |
| Financial fixed assets | 28 | €3,658 | €2,350 | -€1,308 | -35.8% |
| Current assets | 29/58 | €66,638 | €61,157 | -€5,481 | -8.2% |
| Stocks and contracts in progress | 3 | €32,560 | €27,588 | -€4,973 | -15.3% |
| Stocks | 30/36 | €32,560 | €27,588 | -€4,973 | -15.3% |
| Amounts receivable within one year | 40/41 | €18,443 | €7,475 | -€10,968 | -59.5% |
| Trade receivables | 40 | €17,781 | €6,695 | -€11,086 | -62.3% |
| Other amounts receivable | 41 | €662 | €780 | +€118 | +17.8% |
| Cash at bank and in hand | 54/58 | €15,264 | €25,786 | +€10,522 | +68.9% |
| Deferred charges and accrued income | 490/1 | €370 | €309 | -€61 | -16.6% |
| Total equity and liabilities | 10/49 | €70,298 | €63,507 | -€6,791 | -9.7% |
| Equity | 10/15 | €63,040 | €57,398 | -€5,643 | -9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,440 | €38,828 | -€5,613 | -12.6% |
| Distributable reserves | 133 | €44,440 | €38,828 | -€5,613 | -12.6% |
| Profit (loss) carried forward | 14 | - | -€30 | -€30 | |
| Amounts payable | 17/49 | €7,258 | €6,109 | -€1,149 | -15.8% |
| Amounts payable within one year | 42/48 | €7,229 | €5,973 | -€1,256 | -17.4% |
| Trade debts | 44 | €421 | €1,777 | +€1,355 | +322% |
| Suppliers | 440/4 | €421 | €1,777 | +€1,355 | +322% |
| Taxes, remuneration and social security | 45 | €1,721 | €260 | -€1,461 | -84.9% |
| Taxes | 450/3 | €1,721 | €260 | -€1,461 | -84.9% |
| Other amounts payable | 47/48 | €5,086 | €3,936 | -€1,150 | -22.6% |
| Accrued charges and deferred income | 492/3 | €29 | €136 | +€107 | +375% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €960 | €3 | -€957 | -99.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €820 | €313 | -€507 | -61.8% |
| Other operating charges | 640/8 | €631 | €856 | +€226 | +35.8% |
| Non-recurring operating charges | 66A | - | €1,308 | +€1,308 | |
| Gross operating margin | 9900 | -€13,583 | -€2,885 | +€10,698 | +78.8% |
| Operating profit (loss) | 9901 | -€15,993 | -€5,364 | +€10,629 | +66.5% |
| Financial income | 75/76B | €5 | €0 | -€5 | -92.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -92.8% |
| Financial charges | 65/66B | €294 | €279 | -€15 | -5.1% |
| Recurring financial charges | 65 | €294 | €279 | -€15 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,282 | -€5,643 | +€10,639 | +65.3% |
| Profit (loss) for the period | 9904 | -€16,282 | -€5,643 | +€10,639 | +65.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,282 | -€5,643 | +€10,639 | +65.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.