Dieter Kuipers: 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.
Dieter Kuipers
Largest movements
- Current investments +€27,849
new in 2025: €27,849
- Cash +€12,822
up €12,822 (+21.9%), from €58,562 to €71,384
mainly Net result for the year (+€45,853) and Depreciation (+€609)
- Receivables within one year +€1,159
up €1,159 (+25.8%), from €4,497 to €5,656
of which Other amounts receivable: +€2,766
- Profit (loss) carried forward +€45,020
new in 2025: €45,020
- Tax, wage and social debts -€3,065
down €3,065 (-30.4%), from €10,068 to €7,003
- Gross operating margin +€11,992
up €11,992 (+24.4%), from €49,152 to €61,144
- Financial charges +€1,526
up €1,526 (+20,349%), from €8 to €1,534
- Taxes -€1,106
down €1,106 (-7.7%), from €14,344 to €13,238
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 | €64,764 | €105,986 | +€41,221 | +63.6% |
| Fixed assets | 21/28 | €1,705 | €1,096 | -€609 | -35.7% |
| Tangible fixed assets | 22/27 | €1,705 | €1,096 | -€609 | -35.7% |
| Plant, machinery and equipment | 23 | €1,705 | €1,096 | -€609 | -35.7% |
| Current assets | 29/58 | €63,059 | €104,890 | +€41,830 | +66.3% |
| Amounts receivable within one year | 40/41 | €4,497 | €5,656 | +€1,159 | +25.8% |
| Trade receivables | 40 | €1,607 | - | -€1,607 | |
| Other amounts receivable | 41 | €2,890 | €5,656 | +€2,766 | +95.7% |
| Current investments | 50/53 | - | €27,849 | +€27,849 | |
| Cash at bank and in hand | 54/58 | €58,562 | €71,384 | +€12,822 | +21.9% |
| Total equity and liabilities | 10/49 | €64,764 | €105,986 | +€41,221 | +63.6% |
| Equity | 10/15 | €49,679 | €94,699 | +€45,020 | +90.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €34,679 | €34,679 | = | 0.0% |
| Distributable reserves | 133 | €34,679 | €34,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €45,020 | +€45,020 | |
| Amounts payable | 17/49 | €15,085 | €11,286 | -€3,799 | -25.2% |
| Amounts payable within one year | 42/48 | €12,430 | €8,471 | -€3,959 | -31.9% |
| Trade debts | 44 | €645 | €168 | -€477 | -73.9% |
| Suppliers | 440/4 | €645 | €168 | -€477 | -73.9% |
| Taxes, remuneration and social security | 45 | €10,068 | €7,003 | -€3,065 | -30.4% |
| Taxes | 450/3 | €10,068 | €7,003 | -€3,065 | -30.4% |
| Other amounts payable | 47/48 | €1,717 | €1,299 | -€418 | -24.3% |
| Accrued charges and deferred income | 492/3 | €2,655 | €2,815 | +€160 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122 | €609 | +€487 | +400% |
| Other operating charges | 640/8 | - | €11 | +€11 | |
| Gross operating margin | 9900 | €49,152 | €61,144 | +€11,992 | +24.4% |
| Operating profit (loss) | 9901 | €49,030 | €60,524 | +€11,494 | +23.4% |
| Financial income | 75/76B | €0 | €101 | +€101 | +1,010,400% |
| Recurring financial income | 75 | €0 | €101 | +€101 | +1,010,400% |
| Financial charges | 65/66B | €8 | €1,534 | +€1,526 | +20,349% |
| Recurring financial charges | 65 | €8 | €1,534 | +€1,526 | +20,349% |
| Profit (loss) for the period before taxes | 9903 | €49,023 | €59,091 | +€10,069 | +20.5% |
| Income taxes | 67/77 | €14,344 | €13,238 | -€1,106 | -7.7% |
| Profit (loss) for the period | 9904 | €34,679 | €45,853 | +€11,175 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,679 | €45,853 | +€11,175 | +32.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.