Docteur Mathilde Colson: 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 Mathilde Colson
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€121,719
down €121,719 (-72.3%), from €168,380 to €46,661
mainly Contributions, distributions and other (-€346,373) and Current investments (-€200,000)
- Receivables after one year -€35,000
down €35,000 (-100%), from €35,000 to €0
- Tangible fixed assets +€31,318
up €31,318 (+101%), from €31,129 to €62,447
of which Furniture and vehicles: +€34,860
- Deferred charges and accrued income +€4,314
up €4,314 (+43.0%), from €10,030 to €14,344
- Other debts +€269,029
up €269,029 (+30,544%), from €881 to €269,910
- Profit (loss) carried forward -€218,337
down €218,337 (-100.0%), from €218,373 to €36
- Debts after one year +€14,528
up €14,528 (+78.3%), from €18,544 to €33,072
- Current portion of long-term debt +€8,698
up €8,698 (+210%), from €4,145 to €12,843
- Tax, wage and social debts +€4,350
up €4,350, from €0 to €4,350
- Gross operating margin +€62,862
up €62,862 (+54.5%), from €115,242 to €178,104
- Taxes +€12,764
up €12,764 (+57.5%), from €22,192 to €34,957
- Depreciation -€2,220
down €2,220 (-13.8%), from €16,077 to €13,858
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 | €249,271 | €327,929 | +€78,658 | +31.6% |
| Fixed assets | 21/28 | €31,129 | €62,447 | +€31,318 | +101% |
| Tangible fixed assets | 22/27 | €31,129 | €62,447 | +€31,318 | +101% |
| Plant, machinery and equipment | 23 | €508 | €0 | -€508 | -100% |
| Furniture and vehicles | 24 | €7,831 | €42,690 | +€34,860 | +445% |
| Other tangible fixed assets | 26 | €22,791 | €19,757 | -€3,034 | -13.3% |
| Current assets | 29/58 | €218,142 | €265,482 | +€47,340 | +21.7% |
| Amounts receivable after more than one year | 29 | €35,000 | €0 | -€35,000 | -100% |
| Other amounts receivable | 291 | €35,000 | €0 | -€35,000 | -100% |
| Amounts receivable within one year | 40/41 | €4,732 | €4,476 | -€256 | -5.4% |
| Trade receivables | 40 | €961 | €0 | -€961 | -100% |
| Other amounts receivable | 41 | €3,771 | €4,476 | +€706 | +18.7% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €168,380 | €46,661 | -€121,719 | -72.3% |
| Deferred charges and accrued income | 490/1 | €10,030 | €14,344 | +€4,314 | +43.0% |
| Total equity and liabilities | 10/49 | €249,271 | €327,929 | +€78,658 | +31.6% |
| Equity | 10/15 | €223,373 | €5,036 | -€218,337 | -97.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €218,373 | €36 | -€218,337 | -100.0% |
| Amounts payable | 17/49 | €25,898 | €322,893 | +€296,995 | +1,147% |
| Amounts payable after more than one year | 17 | €18,544 | €33,072 | +€14,528 | +78.3% |
| Financial debts | 170/4 | €18,544 | €33,072 | +€14,528 | +78.3% |
| Amounts payable within one year | 42/48 | €7,353 | €289,340 | +€281,986 | +3,835% |
| Current portion of amounts payable after more than one year | 42 | €4,145 | €12,843 | +€8,698 | +210% |
| Trade debts | 44 | €2,328 | €2,237 | -€91 | -3.9% |
| Suppliers | 440/4 | €2,328 | €2,237 | -€91 | -3.9% |
| Taxes, remuneration and social security | 45 | €0 | €4,350 | +€4,350 | |
| Taxes | 450/3 | €0 | €4,350 | +€4,350 | |
| Other amounts payable | 47/48 | €881 | €269,910 | +€269,029 | +30,544% |
| Accrued charges and deferred income | 492/3 | - | €482 | +€482 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,077 | €13,858 | -€2,220 | -13.8% |
| Other operating charges | 640/8 | €290 | €587 | +€297 | +102% |
| Gross operating margin | 9900 | €115,242 | €178,104 | +€62,862 | +54.5% |
| Operating profit (loss) | 9901 | €98,875 | €163,660 | +€64,785 | +65.5% |
| Financial income | 75/76B | €2,538 | €1,655 | -€883 | -34.8% |
| Recurring financial income | 75 | €2,538 | €1,655 | -€883 | -34.8% |
| Financial charges | 65/66B | €1,239 | €2,323 | +€1,084 | +87.5% |
| Recurring financial charges | 65 | €1,239 | €2,323 | +€1,084 | +87.5% |
| Profit (loss) for the period before taxes | 9903 | €100,174 | €162,992 | +€62,819 | +62.7% |
| Income taxes | 67/77 | €22,192 | €34,957 | +€12,764 | +57.5% |
| Profit (loss) for the period | 9904 | €77,981 | €128,036 | +€50,054 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €77,981 | €128,036 | +€50,054 | +64.2% |
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 24 October 2026 via checked.be.