DOKTER BART BRYON: 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.
DOKTER BART BRYON
Largest movements
- Current investments +€94,506
up €94,506 (+24.9%), from €379,041 to €473,548
- Cash -€44,170
down €44,170 (-11.6%), from €379,578 to €335,408
mainly Contributions, distributions and other (-€123,592) and Current investments (-€94,506)
- Receivables within one year +€29,681
up €29,681 (+50.8%), from €58,466 to €88,147
of which Other amounts receivable: +€30,251
- Tangible fixed assets -€13,639
down €13,639 (-13.6%), from €99,974 to €86,335
of which Land and buildings: -€14,233
- Reserves +€53,840
up €53,840 (+6.6%), from €818,528 to €872,368
- Other debts +€27,767
up €27,767 (+390%), from €7,115 to €34,883
- Debts after one year -€16,739
down €16,739 (-31.7%), from €52,868 to €36,129
- Gross operating margin -€20,397
down €20,397 (-6.8%), from €301,568 to €281,171
- Taxes -€6,385
down €6,385 (-7.7%), from €83,310 to €76,925
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 | €917,059 | €983,437 | +€66,378 | +7.2% |
| Fixed assets | 21/28 | €99,974 | €86,335 | -€13,639 | -13.6% |
| Tangible fixed assets | 22/27 | €99,974 | €86,335 | -€13,639 | -13.6% |
| Land and buildings | 22 | €98,352 | €84,119 | -€14,233 | -14.5% |
| Plant, machinery and equipment | 23 | €1,621 | €1,081 | -€540 | -33.3% |
| Furniture and vehicles | 24 | - | €1,135 | +€1,135 | |
| Current assets | 29/58 | €817,085 | €897,102 | +€80,017 | +9.8% |
| Amounts receivable within one year | 40/41 | €58,466 | €88,147 | +€29,681 | +50.8% |
| Trade receivables | 40 | €34,956 | €34,386 | -€570 | -1.6% |
| Other amounts receivable | 41 | €23,510 | €53,761 | +€30,251 | +129% |
| Current investments | 50/53 | €379,041 | €473,548 | +€94,506 | +24.9% |
| Cash at bank and in hand | 54/58 | €379,578 | €335,408 | -€44,170 | -11.6% |
| Total equity and liabilities | 10/49 | €917,059 | €983,437 | +€66,378 | +7.2% |
| Equity | 10/15 | €831,101 | €884,941 | +€53,840 | +6.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €818,528 | €872,368 | +€53,840 | +6.6% |
| Distributable reserves | 133 | €818,528 | €872,368 | +€53,840 | +6.6% |
| Profit (loss) carried forward | 14 | €173 | €173 | = | 0.0% |
| Amounts payable | 17/49 | €85,958 | €98,496 | +€12,538 | +14.6% |
| Amounts payable after more than one year | 17 | €52,868 | €36,129 | -€16,739 | -31.7% |
| Financial debts | 170/4 | €52,868 | €36,129 | -€16,739 | -31.7% |
| Amounts payable within one year | 42/48 | €33,090 | €62,368 | +€29,277 | +88.5% |
| Current portion of amounts payable after more than one year | 42 | €14,341 | €15,726 | +€1,385 | +9.7% |
| Trade debts | 44 | €1,789 | €10,870 | +€9,081 | +508% |
| Suppliers | 440/4 | €1,789 | €10,870 | +€9,081 | +508% |
| Taxes, remuneration and social security | 45 | €9,846 | €889 | -€8,956 | -91.0% |
| Taxes | 450/3 | €8,926 | - | -€8,926 | |
| Remuneration and social security | 454/9 | €920 | €889 | -€31 | -3.4% |
| Other amounts payable | 47/48 | €7,115 | €34,883 | +€27,767 | +390% |
| Remuneration, social security and pensions | 62 | €12,991 | €12,288 | -€704 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,910 | €15,038 | +€128 | +0.9% |
| Other operating charges | 640/8 | €1,624 | €2,066 | +€442 | +27.2% |
| Gross operating margin | 9900 | €301,568 | €281,171 | -€20,397 | -6.8% |
| Operating profit (loss) | 9901 | €272,043 | €251,779 | -€20,264 | -7.4% |
| Financial income | 75/76B | €6,393 | €7,428 | +€1,035 | +16.2% |
| Recurring financial income | 75 | €6,393 | €7,428 | +€1,035 | +16.2% |
| Financial charges | 65/66B | €5,886 | €4,849 | -€1,037 | -17.6% |
| Recurring financial charges | 65 | €5,886 | €4,849 | -€1,037 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €272,550 | €254,357 | -€18,192 | -6.7% |
| Income taxes | 67/77 | €83,310 | €76,925 | -€6,385 | -7.7% |
| Profit (loss) for the period | 9904 | €189,240 | €177,432 | -€11,808 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €189,240 | €177,432 | -€11,808 | -6.2% |
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 16 October 2026 via checked.be.