BERNARD DAPSENS, AVOCAT: 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.
BERNARD DAPSENS, AVOCAT
Largest movements
- Tangible fixed assets -€52,322
down €52,322 (-6.7%), from €775,237 to €722,915
of which Land and buildings: -€42,018
- Cash -€36,660
down €36,660 (-80.7%), from €45,421 to €8,762
mainly Contributions, distributions and other (-€57,000) and Debts after one year (-€41,582)
- Receivables within one year -€21,715
down €21,715 (-19.4%), from €111,970 to €90,255
of which Other amounts receivable: -€22,365
- Debts after one year -€41,582
down €41,582 (-27.1%), from €153,214 to €111,633
- Reserves -€33,199
down €33,199 (-28.7%), from €115,624 to €82,425
of which Distributable reserves: -€33,199
- Current portion of long-term debt -€28,288
down €28,288 (-40.5%), from €69,870 to €41,582
- Provisions -€18,295
down €18,295 (-4.8%), from €385,083 to €366,789
- Depreciation -€34,461
down €34,461 (-36.0%), from €95,746 to €61,285
- Gross operating margin -€14,220
down €14,220 (-10.9%), from €130,145 to €115,925
- Financial charges -€7,148
down €7,148 (-26.5%), from €26,995 to €19,847
- Taxes +€6,432
up €6,432 (+176%), from €3,653 to €10,086
- Financial income -€2,669
down €2,669 (-61.3%), from €4,351 to €1,682
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 | €1,140,100 | €1,029,241 | -€110,859 | -9.7% |
| Fixed assets | 21/28 | €975,534 | €923,212 | -€52,322 | -5.4% |
| Tangible fixed assets | 22/27 | €775,237 | €722,915 | -€52,322 | -6.7% |
| Land and buildings | 22 | €677,874 | €635,856 | -€42,018 | -6.2% |
| Plant, machinery and equipment | 23 | €45,539 | €44,742 | -€797 | -1.8% |
| Furniture and vehicles | 24 | €49,526 | €40,330 | -€9,196 | -18.6% |
| Other tangible fixed assets | 26 | €2,298 | €1,987 | -€311 | -13.5% |
| Financial fixed assets | 28 | €200,298 | €200,298 | = | 0.0% |
| Current assets | 29/58 | €164,566 | €106,029 | -€58,537 | -35.6% |
| Amounts receivable within one year | 40/41 | €111,970 | €90,255 | -€21,715 | -19.4% |
| Trade receivables | 40 | €10,000 | €10,650 | +€650 | +6.5% |
| Other amounts receivable | 41 | €101,970 | €79,605 | -€22,365 | -21.9% |
| Cash at bank and in hand | 54/58 | €45,421 | €8,762 | -€36,660 | -80.7% |
| Deferred charges and accrued income | 490/1 | €7,174 | €7,012 | -€162 | -2.3% |
| Total equity and liabilities | 10/49 | €1,140,100 | €1,029,241 | -€110,859 | -9.7% |
| Equity | 10/15 | €465,956 | €432,757 | -€33,199 | -7.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €115,624 | €82,425 | -€33,199 | -28.7% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €105,624 | €72,425 | -€33,199 | -31.4% |
| Profit (loss) carried forward | 14 | €342,272 | €342,272 | = | 0.0% |
| Provisions and deferred taxes | 16 | €385,083 | €366,789 | -€18,295 | -4.8% |
| Provisions for liabilities and charges | 160/5 | €385,083 | €366,789 | -€18,295 | -4.8% |
| Other liabilities and charges | 164/5 | €385,083 | €366,789 | -€18,295 | -4.8% |
| Amounts payable | 17/49 | €289,061 | €229,695 | -€59,365 | -20.5% |
| Amounts payable after more than one year | 17 | €153,214 | €111,633 | -€41,582 | -27.1% |
| Financial debts | 170/4 | €153,214 | €111,633 | -€41,582 | -27.1% |
| Amounts payable within one year | 42/48 | €135,764 | €116,813 | -€18,951 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €69,870 | €41,582 | -€28,288 | -40.5% |
| Trade debts | 44 | - | €779 | +€779 | |
| Suppliers | 440/4 | - | €779 | +€779 | |
| Taxes, remuneration and social security | 45 | €15,894 | €17,452 | +€1,558 | +9.8% |
| Taxes | 450/3 | €15,894 | €17,452 | +€1,558 | +9.8% |
| Other amounts payable | 47/48 | €50,000 | €57,000 | +€7,000 | +14.0% |
| Accrued charges and deferred income | 492/3 | €82 | €1,250 | +€1,168 | +1,415% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,746 | €61,285 | -€34,461 | -36.0% |
| Other operating charges | 640/8 | €3,037 | €2,589 | -€448 | -14.8% |
| Gross operating margin | 9900 | €130,145 | €115,925 | -€14,220 | -10.9% |
| Operating profit (loss) | 9901 | €31,362 | €52,051 | +€20,690 | +66.0% |
| Financial income | 75/76B | €4,351 | €1,682 | -€2,669 | -61.3% |
| Recurring financial income | 75 | €4,351 | €1,682 | -€2,669 | -61.3% |
| Financial charges | 65/66B | €26,995 | €19,847 | -€7,148 | -26.5% |
| Recurring financial charges | 65 | €26,995 | €19,847 | -€7,148 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €8,718 | €33,887 | +€25,169 | +289% |
| Income taxes | 67/77 | €3,653 | €10,086 | +€6,432 | +176% |
| Profit (loss) for the period | 9904 | €5,064 | €23,801 | +€18,737 | +370% |
| Profit (loss) for the period to be appropriated | 9905 | €5,064 | €23,801 | +€18,737 | +370% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.