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.
WEN-CHEN
Largest movements
- Tangible fixed assets +€757,379
new in 2025: €757,379
of which Land and buildings: +€746,289
- Receivables within one year +€14,641
up €14,641 (+198.4%), from €7,381 to €22,022
- Debts after one year +€625,566
new in 2025: €625,566
- Other debts +€103,452
up €103,452 (+1504.2%), from €6,877 to €110,329
- Current portion of long-term debt +€19,881
new in 2025: €19,881
- Financial charges +€10,623
up €10,623 (+4113.6%), from €258 to €10,881
- Depreciation +€7,975
new in 2025: €7,975
- Gross operating margin +€4,553
up €4,553 (+25.0%), from €18,235 to €22,788
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €27,660 | €793,575 | +€765,915 | +2769.0% |
| Fixed assets | 21/28 | - | €757,379 | +€757,379 | |
| Tangible fixed assets | 22/27 | - | €757,379 | +€757,379 | |
| Land and buildings | 22 | - | €746,289 | +€746,289 | |
| Other tangible fixed assets | 26 | - | €11,091 | +€11,091 | |
| Current assets | 29/58 | €27,660 | €36,196 | +€8,536 | +30.9% |
| Amounts receivable within one year | 40/41 | €7,381 | €22,022 | +€14,641 | +198.4% |
| Trade receivables | 40 | €7,381 | €22,022 | +€14,641 | +198.4% |
| Cash at bank and in hand | 54/58 | €20,279 | €14,174 | -€6,105 | -30.1% |
| Total equity and liabilities | 10/49 | €27,660 | €793,575 | +€765,915 | +2769.0% |
| Equity | 10/15 | €11,882 | €15,814 | +€3,932 | +33.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | -€8,578 | -€4,646 | +€3,932 | +45.8% |
| Amounts payable | 17/49 | €15,778 | €777,761 | +€761,983 | +4829.3% |
| Amounts payable after more than one year | 17 | - | €625,566 | +€625,566 | |
| Other amounts payable | 178/9 | - | €625,566 | +€625,566 | |
| Amounts payable within one year | 42/48 | €15,778 | €152,195 | +€136,416 | +864.6% |
| Current portion of amounts payable after more than one year | 42 | - | €19,881 | +€19,881 | |
| Trade debts | 44 | €137 | €6,001 | +€5,864 | +4279.9% |
| Suppliers | 440/4 | €137 | €6,001 | +€5,864 | +4279.9% |
| Taxes, remuneration and social security | 45 | €8,764 | €15,984 | +€7,220 | +82.4% |
| Taxes | 450/3 | €4,518 | €3,265 | -€1,254 | -27.7% |
| Remuneration and social security | 454/9 | €4,245 | €12,719 | +€8,474 | +199.6% |
| Other amounts payable | 47/48 | €6,877 | €110,329 | +€103,452 | +1504.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,975 | +€7,975 | |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €18,235 | €22,788 | +€4,553 | +25.0% |
| Operating profit (loss) | 9901 | €17,850 | €14,813 | -€3,037 | -17.0% |
| Financial charges | 65/66B | €258 | €10,881 | +€10,623 | +4113.6% |
| Recurring financial charges | 65 | €258 | €10,881 | +€10,623 | +4113.6% |
| Profit (loss) for the period before taxes | 9903 | €17,592 | €3,932 | -€13,660 | -77.6% |
| Profit (loss) for the period | 9904 | €17,592 | €3,932 | -€13,660 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,592 | €3,932 | -€13,660 | -77.6% |
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 28 September 2026 via checked.be.