Dr. Bart: 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. Bart
Largest movements
- Cash +€39,042
up €39,042 (+64.2%), from €60,797 to €99,839
mainly Net result for the year (+€67,736) and Trade debts (+€9,140)
- Receivables within one year +€9,093
up €9,093 (+16.2%), from €56,277 to €65,370
of which Other amounts receivable: +€6,665
- Profit (loss) carried forward +€67,736
up €67,736 (+74.3%), from €91,152 to €158,888
- Tax, wage and social debts -€27,502
down €27,502 (-100.0%), from €27,502 to €0
- Trade debts +€9,140
up €9,140 (+155.9%), from €5,862 to €15,002
- Gross operating margin -€31,820
down €31,820 (-26.4%), from €120,561 to €88,741
- Taxes -€7,079
down €7,079 (-25.7%), from €27,502 to €20,424
- Other operating charges -€1,252
down €1,252 (-70.4%), from €1,780 to €528
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 | €134,516 | €183,890 | +€49,373 | +36.7% |
| Current assets | 29/58 | €134,516 | €183,890 | +€49,373 | +36.7% |
| Amounts receivable within one year | 40/41 | €56,277 | €65,370 | +€9,093 | +16.2% |
| Trade receivables | 40 | - | €2,428 | +€2,428 | |
| Other amounts receivable | 41 | €56,277 | €62,942 | +€6,665 | +11.8% |
| Cash at bank and in hand | 54/58 | €60,797 | €99,839 | +€39,042 | +64.2% |
| Deferred charges and accrued income | 490/1 | €17,442 | €18,681 | +€1,238 | +7.1% |
| Total equity and liabilities | 10/49 | €134,516 | €183,890 | +€49,373 | +36.7% |
| Equity | 10/15 | €101,152 | €168,888 | +€67,736 | +67.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,152 | €158,888 | +€67,736 | +74.3% |
| Amounts payable | 17/49 | €33,364 | €15,002 | -€18,362 | -55.0% |
| Amounts payable within one year | 42/48 | €33,364 | €15,002 | -€18,362 | -55.0% |
| Trade debts | 44 | €5,862 | €15,002 | +€9,140 | +155.9% |
| Suppliers | 440/4 | €5,862 | €15,002 | +€9,140 | +155.9% |
| Taxes, remuneration and social security | 45 | €27,502 | €0 | -€27,502 | -100.0% |
| Taxes | 450/3 | €27,502 | €0 | -€27,502 | -100.0% |
| Other operating charges | 640/8 | €1,780 | €528 | -€1,252 | -70.4% |
| Gross operating margin | 9900 | €120,561 | €88,741 | -€31,820 | -26.4% |
| Operating profit (loss) | 9901 | €118,781 | €88,213 | -€30,568 | -25.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €128 | €54 | -€74 | -57.7% |
| Recurring financial charges | 65 | €128 | €54 | -€74 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | €118,654 | €88,159 | -€30,495 | -25.7% |
| Income taxes | 67/77 | €27,502 | €20,424 | -€7,079 | -25.7% |
| Profit (loss) for the period | 9904 | €91,152 | €67,736 | -€23,416 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,152 | €67,736 | -€23,416 | -25.7% |
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.