DR. ALEXANDER JANSSEN: what changed
DR. ALEXANDER JANSSEN
Largest movements
- Cash +€222,424
up €222,424 (+236%), from €94,094 to €316,518
mainly Net result for the year (+€318,250) and Depreciation (+€53,513)
- Intangible fixed assets -€40,000
down €40,000 (-10.6%), from €377,315 to €337,315
- Tangible fixed assets +€32,080
up €32,080 (+86.3%), from €37,174 to €69,254
of which Furniture and vehicles: +€38,650
- Deferred charges and accrued income +€19,585
up €19,585 (+21.7%), from €90,147 to €109,732
- Reserves +€247,350
up €247,350 (+148%), from €166,611 to €413,961
of which Tax-exempt reserves: +€147,350
- Debts after one year -€85,839
down €85,839 (-26.6%), from €323,307 to €237,468
of which Financial debts: -€86,410
- Profit (loss) carried forward +€70,900
new in 2025: €70,900
- Gross operating margin +€233,045
up €233,045 (+82.9%), from €281,154 to €514,199
- Taxes +€40,377
up €40,377 (+56.2%), from €71,849 to €112,227
- Depreciation +€26,278
up €26,278 (+96.5%), from €27,234 to €53,513
- Staff costs +€7,303
up €7,303 (+121%), from €6,039 to €13,342
- Financial charges +€5,228
up €5,228 (+62.1%), from €8,417 to €13,645
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €598,729 | €832,997 | +€234,268 | +39.1% |
| Fixed assets | 21/28 | €414,489 | €406,569 | -€7,920 | -1.9% |
| Intangible fixed assets | 21 | €377,315 | €337,315 | -€40,000 | -10.6% |
| Tangible fixed assets | 22/27 | €37,174 | €69,254 | +€32,080 | +86.3% |
| Plant, machinery and equipment | 23 | - | €1,775 | +€1,775 | |
| Furniture and vehicles | 24 | - | €38,650 | +€38,650 | |
| Leasing and similar rights | 25 | €37,174 | €28,829 | -€8,345 | -22.4% |
| Current assets | 29/58 | €184,240 | €426,428 | +€242,188 | +131% |
| Amounts receivable within one year | 40/41 | - | €179 | +€179 | |
| Trade receivables | 40 | - | €179 | +€179 | |
| Cash at bank and in hand | 54/58 | €94,094 | €316,518 | +€222,424 | +236% |
| Deferred charges and accrued income | 490/1 | €90,147 | €109,732 | +€19,585 | +21.7% |
| Total equity and liabilities | 10/49 | €598,729 | €832,997 | +€234,268 | +39.1% |
| Equity | 10/15 | €168,611 | €486,861 | +€318,250 | +189% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €166,611 | €413,961 | +€247,350 | +148% |
| Tax-exempt reserves | 132 | - | €147,350 | +€147,350 | |
| Distributable reserves | 133 | €166,611 | €266,611 | +€100,000 | +60.0% |
| Profit (loss) carried forward | 14 | - | €70,900 | +€70,900 | |
| Amounts payable | 17/49 | €430,118 | €346,136 | -€83,982 | -19.5% |
| Amounts payable after more than one year | 17 | €323,307 | €237,468 | -€85,839 | -26.6% |
| Financial debts | 170/4 | €323,307 | €236,897 | -€86,410 | -26.7% |
| Other amounts payable | 178/9 | - | €571 | +€571 | |
| Amounts payable within one year | 42/48 | €106,811 | €108,669 | +€1,857 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €83,307 | €86,410 | +€3,103 | +3.7% |
| Financial debts | 43 | €6 | - | -€6 | |
| Credit institutions | 430/8 | €6 | - | -€6 | |
| Trade debts | 44 | €5,126 | €1,317 | -€3,808 | -74.3% |
| Suppliers | 440/4 | €5,126 | €1,317 | -€3,808 | -74.3% |
| Taxes, remuneration and social security | 45 | €18,313 | €20,941 | +€2,628 | +14.4% |
| Taxes | 450/3 | €16,849 | €17,227 | +€377 | +2.2% |
| Remuneration and social security | 454/9 | €1,464 | €3,715 | +€2,251 | +154% |
| Other amounts payable | 47/48 | €60 | - | -€60 | |
| Remuneration, social security and pensions | 62 | €6,039 | €13,342 | +€7,303 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,234 | €53,513 | +€26,278 | +96.5% |
| Other operating charges | 640/8 | €1,004 | €3,222 | +€2,219 | +221% |
| Gross operating margin | 9900 | €281,154 | €514,199 | +€233,045 | +82.9% |
| Operating profit (loss) | 9901 | €246,877 | €444,122 | +€197,245 | +79.9% |
| Financial charges | 65/66B | €8,417 | €13,645 | +€5,228 | +62.1% |
| Recurring financial charges | 65 | €8,417 | €13,645 | +€5,228 | +62.1% |
| Profit (loss) for the period before taxes | 9903 | €238,460 | €430,477 | +€192,016 | +80.5% |
| Income taxes | 67/77 | €71,849 | €112,227 | +€40,377 | +56.2% |
| Profit (loss) for the period | 9904 | €166,611 | €318,250 | +€151,639 | +91.0% |
| Transfer to tax-exempt reserves | 689 | - | €147,350 | +€147,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €166,611 | €170,900 | +€4,289 | +2.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.