DR. ALBERT: what changed
Two fiscal 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.
DR. ALBERT
Largest movements
- Cash +€18,380
up €18,380 (+208.2%), from €8,827 to €27,207
mainly Net result for the year (+€14,697) and Current investments (+€8,375)
- Current investments -€8,375
down €8,375 (-95.4%), from €8,777 to €402
- Receivables within one year +€3,481
up €3,481 (+21.6%), from €16,151 to €19,632
- Tangible fixed assets +€1,030
up €1,030, from €0 to €1,030
- Profit (loss) carried forward +€14,697
up €14,697 (+81.3%), from -€18,072 to -€3,375
- Tax, wage and social debts +€1,079
up €1,079 (+119.9%), from €900 to €1,979
- Trade debts -€792
down €792 (-26.3%), from €3,014 to €2,222
- Gross operating margin +€12,567
up €12,567 (+259.4%), from €4,845 to €17,411
- Taxes +€1,091
up €1,091 (+832.7%), from €131 to €1,223
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.
Cash bridge derived
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 | €35,060 | €49,711 | +€14,651 | +41.8% |
| Fixed assets | 21/28 | €0 | €1,030 | +€1,030 | |
| Tangible fixed assets | 22/27 | €0 | €1,030 | +€1,030 | |
| Furniture and vehicles | 24 | €0 | €1,030 | +€1,030 | |
| Current assets | 29/58 | €35,060 | €48,681 | +€13,621 | +38.8% |
| Amounts receivable within one year | 40/41 | €16,151 | €19,632 | +€3,481 | +21.6% |
| Other amounts receivable | 41 | €16,151 | €19,632 | +€3,481 | +21.6% |
| Current investments | 50/53 | €8,777 | €402 | -€8,375 | -95.4% |
| Cash at bank and in hand | 54/58 | €8,827 | €27,207 | +€18,380 | +208.2% |
| Deferred charges and accrued income | 490/1 | €1,305 | €1,440 | +€135 | +10.3% |
| Total equity and liabilities | 10/49 | €35,060 | €49,711 | +€14,651 | +41.8% |
| Equity | 10/15 | €30,455 | €45,151 | +€14,697 | +48.3% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €34,326 | €34,326 | = | 0.0% |
| 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 | €32,467 | €32,467 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,072 | -€3,375 | +€14,697 | +81.3% |
| Amounts payable | 17/49 | €4,605 | €4,560 | -€46 | -1.0% |
| Amounts payable within one year | 42/48 | €4,605 | €4,560 | -€46 | -1.0% |
| Financial debts | 43 | €692 | €359 | -€333 | -48.1% |
| Credit institutions | 430/8 | €692 | €359 | -€333 | -48.1% |
| Trade debts | 44 | €3,014 | €2,222 | -€792 | -26.3% |
| Suppliers | 440/4 | €3,014 | €2,222 | -€792 | -26.3% |
| Taxes, remuneration and social security | 45 | €900 | €1,979 | +€1,079 | +119.9% |
| Taxes | 450/3 | €900 | €1,979 | +€1,079 | +119.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119 | €239 | +€119 | +100.0% |
| Other operating charges | 640/8 | €971 | €1,001 | +€30 | +3.1% |
| Gross operating margin | 9900 | €4,845 | €17,411 | +€12,567 | +259.4% |
| Operating profit (loss) | 9901 | €3,755 | €16,172 | +€12,417 | +330.7% |
| Financial income | 75/76B | €172 | €40 | -€133 | -77.1% |
| Recurring financial income | 75 | €172 | €40 | -€133 | -77.1% |
| Financial charges | 65/66B | €303 | €293 | -€11 | -3.6% |
| Recurring financial charges | 65 | €303 | €293 | -€11 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €3,624 | €15,919 | +€12,295 | +339.3% |
| Income taxes | 67/77 | €131 | €1,223 | +€1,091 | +832.7% |
| Profit (loss) for the period | 9904 | €3,493 | €14,697 | +€11,204 | +320.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,493 | €14,697 | +€11,204 | +320.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.