DR.ANN BOON: 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.
DR.ANN BOON
Largest movements
- Cash +€26,648
up €26,648 (+38.8%), from €68,761 to €95,409
mainly Net result for the year (+€60,785) and Other debts (+€53,645)
- Tangible fixed assets -€13,782
down €13,782 (-22.2%), from €62,199 to €48,417
of which Furniture and vehicles: -€8,630
- Receivables within one year -€5,706
down €5,706 (-70.0%), from €8,152 to €2,446
of which Trade receivables: -€4,920
- Other debts +€53,645
up €53,645 (+58.3%), from €92,053 to €145,698
- Reserves -€34,000
down €34,000 (-41.1%), from €82,700 to €48,700
- Trade debts -€7,913
down €7,913 (-78.9%), from €10,029 to €2,116
- Accrued charges and deferred income -€3,034
down €3,034 (-49.4%), from €6,138 to €3,104
- Gross operating margin +€10,602
up €10,602 (+12.9%), from €82,256 to €92,858
- Depreciation +€5,771
up €5,771 (+72.0%), from €8,011 to €13,782
- Financial charges +€1,863
up €1,863 (+138.7%), from €1,343 to €3,206
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 | €192,849 | €200,618 | +€7,769 | +4.0% |
| Fixed assets | 21/28 | €62,199 | €48,417 | -€13,782 | -22.2% |
| Tangible fixed assets | 22/27 | €62,199 | €48,417 | -€13,782 | -22.2% |
| Plant, machinery and equipment | 23 | €21,917 | €16,765 | -€5,152 | -23.5% |
| Furniture and vehicles | 24 | €40,282 | €31,652 | -€8,630 | -21.4% |
| Current assets | 29/58 | €130,651 | €152,202 | +€21,551 | +16.5% |
| Amounts receivable within one year | 40/41 | €8,152 | €2,446 | -€5,706 | -70.0% |
| Trade receivables | 40 | €5,798 | €877 | -€4,920 | -84.9% |
| Other amounts receivable | 41 | €2,354 | €1,568 | -€786 | -33.4% |
| Current investments | 50/53 | €51,012 | €52,017 | +€1,005 | +2.0% |
| Cash at bank and in hand | 54/58 | €68,761 | €95,409 | +€26,648 | +38.8% |
| Deferred charges and accrued income | 490/1 | €2,726 | €2,330 | -€396 | -14.5% |
| Total equity and liabilities | 10/49 | €192,849 | €200,618 | +€7,769 | +4.0% |
| Equity | 10/15 | €83,700 | €49,700 | -€34,000 | -40.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €82,700 | €48,700 | -€34,000 | -41.1% |
| Distributable reserves | 133 | €82,700 | €48,700 | -€34,000 | -41.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €109,149 | €150,918 | +€41,769 | +38.3% |
| Amounts payable within one year | 42/48 | €103,012 | €147,814 | +€44,802 | +43.5% |
| Trade debts | 44 | €10,029 | €2,116 | -€7,913 | -78.9% |
| Suppliers | 440/4 | €10,029 | €2,116 | -€7,913 | -78.9% |
| Taxes, remuneration and social security | 45 | €929 | €0 | -€929 | -100.0% |
| Taxes | 450/3 | €929 | €0 | -€929 | -100.0% |
| Other amounts payable | 47/48 | €92,053 | €145,698 | +€53,645 | +58.3% |
| Accrued charges and deferred income | 492/3 | €6,138 | €3,104 | -€3,034 | -49.4% |
| Non-recurring operating income | 76A | €3,000 | €0 | -€3,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,011 | €13,782 | +€5,771 | +72.0% |
| Other operating charges | 640/8 | €307 | €66 | -€242 | -78.6% |
| Gross operating margin | 9900 | €82,256 | €92,858 | +€10,602 | +12.9% |
| Operating profit (loss) | 9901 | €73,937 | €79,010 | +€5,073 | +6.9% |
| Financial income | 75/76B | €1,466 | €805 | -€661 | -45.1% |
| Recurring financial income | 75 | €1,466 | €805 | -€661 | -45.1% |
| Financial charges | 65/66B | €1,343 | €3,206 | +€1,863 | +138.7% |
| Recurring financial charges | 65 | €1,343 | €3,206 | +€1,863 | +138.7% |
| Profit (loss) for the period before taxes | 9903 | €74,060 | €76,609 | +€2,549 | +3.4% |
| Income taxes | 67/77 | €15,120 | €15,824 | +€704 | +4.7% |
| Profit (loss) for the period | 9904 | €58,940 | €60,785 | +€1,844 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,940 | €60,785 | +€1,844 | +3.1% |
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 11 October 2026 via checked.be.