Dr BBeaudry: 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 BBeaudry
Largest movements
- Cash +€68,379
up €68,379 (+320.8%), from €21,316 to €89,695
mainly Net result for the year (+€98,007) and Receivables within one year (+€14,949)
- Receivables within one year -€14,949
down €14,949 (-95.5%), from €15,656 to €707
- Tangible fixed assets +€2,386
up €2,386 (+10.0%), from €23,933 to €26,319
of which Other tangible fixed assets: +€4,886
- Deferred charges and accrued income -€1,681
down €1,681 (-31.8%), from €5,279 to €3,598
- Profit (loss) carried forward +€70,150
up €70,150 (+208.6%), from €33,628 to €103,778
- Other debts -€22,500
no longer reported in 2025 (was €22,500)
- Tax, wage and social debts +€5,588
up €5,588 (+82.3%), from €6,792 to €12,380
- Gross operating margin +€58,596
up €58,596 (+82.1%), from €71,384 to €129,980
- Taxes +€12,731
up €12,731 (+89.1%), from €14,292 to €27,023
- Depreciation +€3,522
up €3,522 (+330.0%), from €1,067 to €4,590
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 | €66,183 | €120,318 | +€54,135 | +81.8% |
| Fixed assets | 21/28 | €23,933 | €26,319 | +€2,386 | +10.0% |
| Tangible fixed assets | 22/27 | €23,933 | €26,319 | +€2,386 | +10.0% |
| Plant, machinery and equipment | 23 | €2,788 | €1,955 | -€833 | -29.9% |
| Furniture and vehicles | 24 | €4,577 | €2,910 | -€1,667 | -36.4% |
| Other tangible fixed assets | 26 | €16,568 | €21,454 | +€4,886 | +29.5% |
| Current assets | 29/58 | €42,250 | €93,999 | +€51,749 | +122.5% |
| Amounts receivable within one year | 40/41 | €15,656 | €707 | -€14,949 | -95.5% |
| Other amounts receivable | 41 | €15,656 | €707 | -€14,949 | -95.5% |
| Cash at bank and in hand | 54/58 | €21,316 | €89,695 | +€68,379 | +320.8% |
| Deferred charges and accrued income | 490/1 | €5,279 | €3,598 | -€1,681 | -31.8% |
| Total equity and liabilities | 10/49 | €66,183 | €120,318 | +€54,135 | +81.8% |
| Equity | 10/15 | €36,628 | €106,778 | +€70,150 | +191.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,628 | €103,778 | +€70,150 | +208.6% |
| Amounts payable | 17/49 | €29,555 | €13,540 | -€16,015 | -54.2% |
| Amounts payable within one year | 42/48 | €29,555 | €13,540 | -€16,015 | -54.2% |
| Trade debts | 44 | €263 | €1,160 | +€897 | +341.2% |
| Suppliers | 440/4 | €263 | €1,160 | +€897 | +341.2% |
| Taxes, remuneration and social security | 45 | €6,792 | €12,380 | +€5,588 | +82.3% |
| Taxes | 450/3 | €6,792 | €12,380 | +€5,588 | +82.3% |
| Other amounts payable | 47/48 | €22,500 | - | -€22,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,067 | €4,590 | +€3,522 | +330.0% |
| Other operating charges | 640/8 | €387 | €789 | +€402 | +103.7% |
| Gross operating margin | 9900 | €71,384 | €129,980 | +€58,596 | +82.1% |
| Operating profit (loss) | 9901 | €69,929 | €124,602 | +€54,673 | +78.2% |
| Financial income | 75/76B | €491 | €486 | -€6 | -1.1% |
| Recurring financial income | 75 | €491 | €486 | -€6 | -1.1% |
| Financial charges | 65/66B | €0 | €58 | +€58 | |
| Recurring financial charges | 65 | €0 | €58 | +€58 | |
| Profit (loss) for the period before taxes | 9903 | €70,420 | €125,030 | +€54,610 | +77.5% |
| Income taxes | 67/77 | €14,292 | €27,023 | +€12,731 | +89.1% |
| Profit (loss) for the period | 9904 | €56,128 | €98,007 | +€41,879 | +74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,128 | €98,007 | +€41,879 | +74.6% |
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 3 October 2026 via checked.be.