David Richard Thompson: 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.
David Richard Thompson
Largest movements
- Financial fixed assets +€28.1m
up €28.1m (+68.8%), from €40.9m to €69.0m
- Other debts +€24.8m
up €24.8m (+61.8%), from €40.1m to €64.9m
- Profit (loss) carried forward +€3.3m
up €3.3m (+715%), from €464,888 to €3.8m
- Gross operating margin +€5.9m
up €5.9m (+206,559%), from €2,843 to €5.9m
- Financial income +€78,928
up €78,928 (+9.2%), from €861,759 to €940,688
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 | €40,891,348 | €69,013,808 | +€28.1m | +68.8% |
| Fixed assets | 21/28 | €40,868,220 | €68,999,743 | +€28.1m | +68.8% |
| Financial fixed assets | 28 | €40,868,220 | €68,999,743 | +€28.1m | +68.8% |
| Current assets | 29/58 | €23,128 | €14,065 | -€9,063 | -39.2% |
| Cash at bank and in hand | 54/58 | €23,128 | €14,065 | -€9,063 | -39.2% |
| Total equity and liabilities | 10/49 | €40,891,348 | €69,013,808 | +€28.1m | +68.8% |
| Equity | 10/15 | €485,348 | €3,810,808 | +€3.3m | +685% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €464,888 | €3,790,348 | +€3.3m | +715% |
| Amounts payable | 17/49 | €40,406,000 | €65,203,000 | +€24.8m | +61.4% |
| Amounts payable after more than one year | 17 | €300,000 | €300,000 | = | 0.0% |
| Financial debts | 170/4 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,106,000 | €64,903,000 | +€24.8m | +61.8% |
| Other amounts payable | 47/48 | €40,106,000 | €64,903,000 | +€24.8m | +61.8% |
| Non-recurring operating income | 76A | - | €5,877,460 | +€5.9m | |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Non-recurring operating charges | 66A | - | €3,045,680 | +€3.0m | |
| Gross operating margin | 9900 | €2,843 | €5,875,573 | +€5.9m | +206,559% |
| Operating profit (loss) | 9901 | €1,876 | €2,828,895 | +€2.8m | +150,725% |
| Financial income | 75/76B | €861,759 | €940,688 | +€78,928 | +9.2% |
| Recurring financial income | 75 | €861,759 | €940,688 | +€78,928 | +9.2% |
| Financial charges | 65/66B | €467,981 | €444,123 | -€23,858 | -5.1% |
| Recurring financial charges | 65 | €467,981 | €444,123 | -€23,858 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €395,654 | €3,325,459 | +€2.9m | +740% |
| Profit (loss) for the period | 9904 | €395,654 | €3,325,459 | +€2.9m | +740% |
| Profit (loss) for the period to be appropriated | 9905 | €395,654 | €3,325,459 | +€2.9m | +740% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.