DOKTER RENARD BIRGIT: 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 RENARD BIRGIT
Largest movements
- Current investments +€470,000
up €470,000 (+72.3%), from €650,033 to €1.1m
- Cash -€219,096
down €219,096 (-24.1%), from €910,636 to €691,540
mainly Current investments (-€470,000) and Contributions, distributions and other (-€42,000)
- Reserves +€233,134
up €233,134 (+9.8%), from €2.4m to €2.6m
of which Distributable reserves: +€233,134
- Gross operating margin -€54,256
down €54,256 (-12.1%), from €447,956 to €393,700
- Taxes -€12,021
down €12,021 (-10.0%), from €120,281 to €108,261
- Financial income +€11,133
up €11,133 (+56.5%), from €19,709 to €30,842
- Depreciation -€8,497
down €8,497 (-18.9%), from €44,920 to €36,422
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,860,875 | €3,101,010 | +€240,135 | +8.4% |
| Fixed assets | 21/28 | €846,027 | €829,173 | -€16,854 | -2.0% |
| Tangible fixed assets | 22/27 | €846,027 | €829,173 | -€16,854 | -2.0% |
| Land and buildings | 22 | €800,736 | €771,312 | -€29,423 | -3.7% |
| Plant, machinery and equipment | 23 | €6,114 | €10,950 | +€4,836 | +79.1% |
| Furniture and vehicles | 24 | €29,533 | €27,438 | -€2,095 | -7.1% |
| Other tangible fixed assets | 26 | €9,644 | €19,473 | +€9,829 | +102% |
| Current assets | 29/58 | €2,014,848 | €2,271,837 | +€256,989 | +12.8% |
| Amounts receivable after more than one year | 29 | €450,000 | €450,000 | = | 0.0% |
| Other amounts receivable | 291 | €450,000 | €450,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €7,829 | +€7,829 | |
| Other amounts receivable | 41 | - | €7,829 | +€7,829 | |
| Current investments | 50/53 | €650,033 | €1,120,033 | +€470,000 | +72.3% |
| Cash at bank and in hand | 54/58 | €910,636 | €691,540 | -€219,096 | -24.1% |
| Deferred charges and accrued income | 490/1 | €4,179 | €2,434 | -€1,745 | -41.7% |
| Total equity and liabilities | 10/49 | €2,860,875 | €3,101,010 | +€240,135 | +8.4% |
| Equity | 10/15 | €2,393,031 | €2,626,165 | +€233,134 | +9.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €2,386,834 | €2,619,968 | +€233,134 | +9.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €2,384,974 | €2,618,109 | +€233,134 | +9.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €467,844 | €474,845 | +€7,001 | +1.5% |
| Amounts payable after more than one year | 17 | €1,380 | €1,380 | = | 0.0% |
| Other amounts payable | 178/9 | €1,380 | €1,380 | = | 0.0% |
| Amounts payable within one year | 42/48 | €466,464 | €473,465 | +€7,001 | +1.5% |
| Trade debts | 44 | €3,734 | €3,098 | -€636 | -17.0% |
| Suppliers | 440/4 | €3,734 | €3,098 | -€636 | -17.0% |
| Taxes, remuneration and social security | 45 | €19,360 | €0 | -€19,360 | -100% |
| Taxes | 450/3 | €19,360 | €0 | -€19,360 | -100% |
| Other amounts payable | 47/48 | €443,370 | €470,367 | +€26,997 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,920 | €36,422 | -€8,497 | -18.9% |
| Other operating charges | 640/8 | €3,258 | €3,356 | +€98 | +3.0% |
| Gross operating margin | 9900 | €447,956 | €393,700 | -€54,256 | -12.1% |
| Operating profit (loss) | 9901 | €399,778 | €353,921 | -€45,856 | -11.5% |
| Financial income | 75/76B | €19,709 | €30,842 | +€11,133 | +56.5% |
| Recurring financial income | 75 | €19,709 | €30,842 | +€11,133 | +56.5% |
| Financial charges | 65/66B | €539 | €1,369 | +€830 | +154% |
| Recurring financial charges | 65 | €539 | €1,369 | +€830 | +154% |
| Profit (loss) for the period before taxes | 9903 | €418,948 | €383,395 | -€35,553 | -8.5% |
| Income taxes | 67/77 | €120,281 | €108,261 | -€12,021 | -10.0% |
| Profit (loss) for the period | 9904 | €298,667 | €275,134 | -€23,533 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €298,667 | €275,134 | -€23,533 | -7.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.