DE PROFESSOR: 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.
DE PROFESSOR
Largest movements
- Tangible fixed assets -€10,236
down €10,236 (-22.0%), from €46,592 to €36,356
of which Furniture and vehicles: -€5,832
- Receivables within one year -€3,909
down €3,909 (-34.3%), from €11,411 to €7,503
of which Other amounts receivable: -€9,019
- Financial fixed assets +€2,500
new in 2025: €2,500
- Other debts +€22,278
new in 2025: €22,278
- Tax, wage and social debts -€22,275
down €22,275 (-95.9%), from €23,217 to €942
- Profit (loss) carried forward -€11,356
down €11,356 (-71.9%), from -€15,784 to -€27,140
- Advances received -€1,871
down €1,871 (-100.0%), from €1,871 to €0
- Trade debts +€1,453
up €1,453 (+42.7%), from €3,406 to €4,860
- Gross operating margin +€9,053
up €9,053, from -€3,468 to €5,585
- Depreciation +€3,591
up €3,591 (+37.4%), from €9,589 to €13,180
- Financial charges +€732
up €732 (+32.5%), from €2,252 to €2,984
- Financial income -€398
down €398 (-94.7%), from €420 to €22
- Other operating charges -€127
down €127 (-17.8%), from €711 to €584
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 | €61,345 | €49,574 | -€11,771 | -19.2% |
| Fixed assets | 21/28 | €46,592 | €38,856 | -€7,736 | -16.6% |
| Tangible fixed assets | 22/27 | €46,592 | €36,356 | -€10,236 | -22.0% |
| Plant, machinery and equipment | 23 | €18,319 | €13,914 | -€4,404 | -24.0% |
| Furniture and vehicles | 24 | €28,274 | €22,442 | -€5,832 | -20.6% |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €14,752 | €10,718 | -€4,034 | -27.3% |
| Amounts receivable within one year | 40/41 | €11,411 | €7,503 | -€3,909 | -34.3% |
| Trade receivables | 40 | €2,322 | €7,432 | +€5,110 | +220.1% |
| Other amounts receivable | 41 | €9,090 | €71 | -€9,019 | -99.2% |
| Cash at bank and in hand | 54/58 | €2,670 | €3,000 | +€330 | +12.4% |
| Deferred charges and accrued income | 490/1 | €672 | €216 | -€456 | -67.9% |
| Total equity and liabilities | 10/49 | €61,345 | €49,574 | -€11,771 | -19.2% |
| Equity | 10/15 | €32,851 | €21,495 | -€11,356 | -34.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €45,635 | €45,635 | = | 0.0% |
| Distributable reserves | 133 | €45,635 | €45,635 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,784 | -€27,140 | -€11,356 | -71.9% |
| Amounts payable | 17/49 | €28,494 | €28,079 | -€415 | -1.5% |
| Amounts payable within one year | 42/48 | €28,494 | €28,079 | -€415 | -1.5% |
| Trade debts | 44 | €3,406 | €4,860 | +€1,453 | +42.7% |
| Suppliers | 440/4 | €3,406 | €4,860 | +€1,453 | +42.7% |
| Advances received on contracts in progress | 46 | €1,871 | €0 | -€1,871 | -100.0% |
| Taxes, remuneration and social security | 45 | €23,217 | €942 | -€22,275 | -95.9% |
| Taxes | 450/3 | €23,217 | €942 | -€22,275 | -95.9% |
| Other amounts payable | 47/48 | - | €22,278 | +€22,278 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,589 | €13,180 | +€3,591 | +37.4% |
| Other operating charges | 640/8 | €711 | €584 | -€127 | -17.8% |
| Gross operating margin | 9900 | -€3,468 | €5,585 | +€9,053 | |
| Operating profit (loss) | 9901 | -€13,768 | -€8,179 | +€5,589 | +40.6% |
| Financial income | 75/76B | €420 | €22 | -€398 | -94.7% |
| Recurring financial income | 75 | €420 | €22 | -€398 | -94.7% |
| Financial charges | 65/66B | €2,252 | €2,984 | +€732 | +32.5% |
| Recurring financial charges | 65 | €2,252 | €2,984 | +€732 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,600 | -€11,141 | +€4,460 | +28.6% |
| Income taxes | 67/77 | €184 | €215 | +€31 | +17.1% |
| Profit (loss) for the period | 9904 | -€15,784 | -€11,356 | +€4,428 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,784 | -€11,356 | +€4,428 | +28.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.