Dr. Babusiaux Brigitte: 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. Babusiaux Brigitte
Largest movements
- Cash +€221,604
up €221,604 (+31.6%), from €700,550 to €922,154
mainly Net result for the year (+€341,830) and Trade debts (+€62,940)
- Current investments +€124,110
up €124,110 (+7.4%), from €1.7m to €1.8m
- Deferred charges and accrued income +€34,751
up €34,751 (+16.1%), from €215,764 to €250,514
- Reserves +€341,830
up €341,830 (+13.6%), from €2.5m to €2.9m
- Trade debts +€62,940
up €62,940 (+1,148%), from €5,484 to €68,423
- Tax, wage and social debts -€32,790
down €32,790 (-46.0%), from €71,353 to €38,563
- Financial income +€18,579
up €18,579 (+74.9%), from €24,806 to €43,385
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 | €2,615,535 | €2,984,498 | +€368,962 | +14.1% |
| Fixed assets | 21/28 | €29,882 | €18,380 | -€11,502 | -38.5% |
| Tangible fixed assets | 22/27 | €29,882 | €18,380 | -€11,502 | -38.5% |
| Furniture and vehicles | 24 | €29,882 | €18,380 | -€11,502 | -38.5% |
| Current assets | 29/58 | €2,585,653 | €2,966,118 | +€380,465 | +14.7% |
| Current investments | 50/53 | €1,669,340 | €1,793,450 | +€124,110 | +7.4% |
| Cash at bank and in hand | 54/58 | €700,550 | €922,154 | +€221,604 | +31.6% |
| Deferred charges and accrued income | 490/1 | €215,764 | €250,514 | +€34,751 | +16.1% |
| Total equity and liabilities | 10/49 | €2,615,535 | €2,984,498 | +€368,962 | +14.1% |
| Equity | 10/15 | €2,535,337 | €2,877,168 | +€341,830 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,516,180 | €2,858,010 | +€341,830 | +13.6% |
| Distributable reserves | 133 | €2,516,180 | €2,858,010 | +€341,830 | +13.6% |
| Profit (loss) carried forward | 14 | €557 | €558 | +€0 | 0.0% |
| Amounts payable | 17/49 | €80,198 | €107,330 | +€27,132 | +33.8% |
| Amounts payable within one year | 42/48 | €80,198 | €107,330 | +€27,132 | +33.8% |
| Trade debts | 44 | €5,484 | €68,423 | +€62,940 | +1,148% |
| Suppliers | 440/4 | €5,484 | €68,423 | +€62,940 | +1,148% |
| Taxes, remuneration and social security | 45 | €71,353 | €38,563 | -€32,790 | -46.0% |
| Taxes | 450/3 | €71,353 | €38,563 | -€32,790 | -46.0% |
| Other amounts payable | 47/48 | €3,362 | €344 | -€3,018 | -89.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,694 | €11,502 | -€1,192 | -9.4% |
| Other operating charges | 640/8 | €1,515 | €1,558 | +€42 | +2.8% |
| Gross operating margin | 9900 | €466,876 | €462,575 | -€4,301 | -0.9% |
| Operating profit (loss) | 9901 | €452,666 | €449,515 | -€3,151 | -0.7% |
| Financial income | 75/76B | €24,806 | €43,385 | +€18,579 | +74.9% |
| Recurring financial income | 75 | €24,806 | €43,385 | +€18,579 | +74.9% |
| Financial charges | 65/66B | €2,862 | €3,943 | +€1,082 | +37.8% |
| Recurring financial charges | 65 | €2,862 | €3,943 | +€1,082 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €474,611 | €488,957 | +€14,346 | +3.0% |
| Income taxes | 67/77 | €149,332 | €147,127 | -€2,205 | -1.5% |
| Profit (loss) for the period | 9904 | €325,279 | €341,830 | +€16,551 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €325,279 | €341,830 | +€16,551 | +5.1% |
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 25 October 2026 via checked.be.