Docteur C. SAUVANT: 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.
Docteur C. SAUVANT
Largest movements
- Current investments +€97,853
up €97,853 (+78.3%), from €125,000 to €222,853
- Cash +€16,566
up €16,566 (+135%), from €12,251 to €28,817
mainly Net result for the year (+€106,957) and Depreciation (+€5,885)
- Tangible fixed assets -€5,288
down €5,288 (-21.2%), from €24,901 to €19,614
- Profit (loss) carried forward +€106,957
up €106,957 (+51.4%), from €208,154 to €315,111
- Gross operating margin +€7,937
up €7,937 (+6.0%), from €132,718 to €140,655
- Depreciation +€3,614
up €3,614 (+159%), from €2,271 to €5,885
- Taxes +€2,106
up €2,106 (+7.3%), from €28,785 to €30,891
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 | €213,251 | €320,226 | +€106,975 | +50.2% |
| Fixed assets | 21/28 | €24,901 | €19,614 | -€5,288 | -21.2% |
| Tangible fixed assets | 22/27 | €24,901 | €19,614 | -€5,288 | -21.2% |
| Furniture and vehicles | 24 | €24,901 | €19,614 | -€5,288 | -21.2% |
| Current assets | 29/58 | €188,350 | €300,613 | +€112,263 | +59.6% |
| Amounts receivable within one year | 40/41 | €49,342 | €47,184 | -€2,158 | -4.4% |
| Trade receivables | 40 | - | €345 | +€345 | |
| Other amounts receivable | 41 | €49,342 | €46,839 | -€2,502 | -5.1% |
| Current investments | 50/53 | €125,000 | €222,853 | +€97,853 | +78.3% |
| Cash at bank and in hand | 54/58 | €12,251 | €28,817 | +€16,566 | +135% |
| Deferred charges and accrued income | 490/1 | €1,758 | €1,759 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €213,251 | €320,226 | +€106,975 | +50.2% |
| Equity | 10/15 | €213,154 | €320,111 | +€106,957 | +50.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €208,154 | €315,111 | +€106,957 | +51.4% |
| Amounts payable | 17/49 | €97 | €115 | +€19 | +19.3% |
| Amounts payable within one year | 42/48 | €97 | €115 | +€19 | +19.3% |
| Trade debts | 44 | €97 | €115 | +€19 | +19.3% |
| Suppliers | 440/4 | €97 | €115 | +€19 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,271 | €5,885 | +€3,614 | +159% |
| Other operating charges | 640/8 | €812 | €220 | -€592 | -72.9% |
| Gross operating margin | 9900 | €132,718 | €140,655 | +€7,937 | +6.0% |
| Operating profit (loss) | 9901 | €129,635 | €134,550 | +€4,916 | +3.8% |
| Financial income | 75/76B | €2,000 | €3,393 | +€1,393 | +69.6% |
| Recurring financial income | 75 | €2,000 | €3,393 | +€1,393 | +69.6% |
| Financial charges | 65/66B | €79 | €95 | +€16 | +20.6% |
| Recurring financial charges | 65 | €79 | €95 | +€16 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €131,556 | €137,848 | +€6,292 | +4.8% |
| Income taxes | 67/77 | €28,785 | €30,891 | +€2,106 | +7.3% |
| Profit (loss) for the period | 9904 | €102,771 | €106,957 | +€4,186 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €102,771 | €106,957 | +€4,186 | +4.1% |
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 25 October 2026 via checked.be.