Dr B Lelie Patholoog: 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 B Lelie Patholoog
Largest movements
- Current investments +€49,835
up €49,835 (+7.2%), from €695,897 to €745,731
- Deferred charges and accrued income -€36,487
down €36,487 (-18.0%), from €202,325 to €165,838
- Cash -€36,125
down €36,125 (-27.2%), from €132,799 to €96,674
mainly Current investments (-€49,835) and Debts after one year (-€40,893)
- Tangible fixed assets -€21,268
down €21,268 (-4.4%), from €480,006 to €458,738
of which Furniture and vehicles: -€25,369
- Reserves +€67,000
up €67,000 (+6.4%), from €1.1m to €1.1m
of which Distributable reserves: +€37,000
- Debts after one year -€40,893
down €40,893 (-36.4%), from €112,478 to €71,586
- Other debts -€36,450
down €36,450 (-83.9%), from €43,455 to €7,005
- Tax, wage and social debts -€23,124
down €23,124 (-86.2%), from €26,824 to €3,700
- Gross operating margin -€328,432
down €328,432 (-69.3%), from €473,623 to €145,191
- Taxes -€72,323
down €72,323 (-56.2%), from €128,751 to €56,427
- Financial income +€19,164
up €19,164 (+231%), from €8,299 to €27,463
of which Financial income: +€15,634
- Depreciation +€6,934
up €6,934 (+21.3%), from €32,564 to €39,497
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 | €1,543,343 | €1,507,914 | -€35,429 | -2.3% |
| Fixed assets | 21/28 | €480,006 | €458,738 | -€21,268 | -4.4% |
| Tangible fixed assets | 22/27 | €480,006 | €458,738 | -€21,268 | -4.4% |
| Land and buildings | 22 | €396,126 | €405,047 | +€8,921 | +2.3% |
| Plant, machinery and equipment | 23 | €9,494 | €5,046 | -€4,449 | -46.9% |
| Furniture and vehicles | 24 | €69,813 | €44,443 | -€25,369 | -36.3% |
| Other tangible fixed assets | 26 | €4,573 | €4,202 | -€371 | -8.1% |
| Current assets | 29/58 | €1,063,337 | €1,049,176 | -€14,161 | -1.3% |
| Amounts receivable within one year | 40/41 | €32,317 | €40,932 | +€8,616 | +26.7% |
| Trade receivables | 40 | €4,000 | - | -€4,000 | |
| Other amounts receivable | 41 | €28,317 | €40,932 | +€12,616 | +44.6% |
| Current investments | 50/53 | €695,897 | €745,731 | +€49,835 | +7.2% |
| Cash at bank and in hand | 54/58 | €132,799 | €96,674 | -€36,125 | -27.2% |
| Deferred charges and accrued income | 490/1 | €202,325 | €165,838 | -€36,487 | -18.0% |
| Total equity and liabilities | 10/49 | €1,543,343 | €1,507,914 | -€35,429 | -2.3% |
| Equity | 10/15 | €1,226,850 | €1,294,519 | +€67,669 | +5.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €1,053,150 | €1,120,150 | +€67,000 | +6.4% |
| Tax-exempt reserves | 132 | €252,600 | €282,600 | +€30,000 | +11.9% |
| Distributable reserves | 133 | €800,550 | €837,550 | +€37,000 | +4.6% |
| Profit (loss) carried forward | 14 | €161,300 | €161,969 | +€669 | +0.4% |
| Amounts payable | 17/49 | €316,493 | €213,395 | -€103,098 | -32.6% |
| Amounts payable after more than one year | 17 | €112,478 | €71,586 | -€40,893 | -36.4% |
| Financial debts | 170/4 | €112,478 | €71,586 | -€40,893 | -36.4% |
| Amounts payable within one year | 42/48 | €204,014 | €141,809 | -€62,205 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €39,679 | €40,893 | +€1,214 | +3.1% |
| Trade debts | 44 | €94,057 | €90,211 | -€3,845 | -4.1% |
| Suppliers | 440/4 | €94,057 | €90,211 | -€3,845 | -4.1% |
| Taxes, remuneration and social security | 45 | €26,824 | €3,700 | -€23,124 | -86.2% |
| Taxes | 450/3 | €26,824 | €3,700 | -€23,124 | -86.2% |
| Other amounts payable | 47/48 | €43,455 | €7,005 | -€36,450 | -83.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,564 | €39,497 | +€6,934 | +21.3% |
| Other operating charges | 640/8 | €2,439 | €3,932 | +€1,493 | +61.2% |
| Gross operating margin | 9900 | €473,623 | €145,191 | -€328,432 | -69.3% |
| Operating profit (loss) | 9901 | €438,620 | €101,761 | -€336,859 | -76.8% |
| Financial income | 75/76B | €8,299 | €27,463 | +€19,164 | +231% |
| Recurring financial income | 75 | €8,299 | €23,934 | +€15,634 | +188% |
| Non-recurring financial income | 76B | - | €3,529 | +€3,529 | |
| Financial charges | 65/66B | €5,390 | €5,128 | -€262 | -4.9% |
| Recurring financial charges | 65 | €5,390 | €5,128 | -€262 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €441,530 | €124,096 | -€317,433 | -71.9% |
| Income taxes | 67/77 | €128,751 | €56,427 | -€72,323 | -56.2% |
| Profit (loss) for the period | 9904 | €312,779 | €67,669 | -€245,110 | -78.4% |
| Transfer to tax-exempt reserves | 689 | €126,300 | €30,000 | -€96,300 | -76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €186,479 | €37,669 | -€148,810 | -79.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.