DR.BERT BIESMANS: 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.BERT BIESMANS
Largest movements
- Cash +€45,223
up €45,223 (+18.8%), from €241,147 to €286,371
mainly Net result for the year (+€43,891) and Tax, wage and social debts (+€3,203)
- Reserves +€43,058
up €43,058 (+19.1%), from €225,634 to €268,692
of which Distributable reserves: +€43,058
- Tax, wage and social debts +€3,203
up €3,203 (+63.4%), from €5,053 to €8,255
- Gross operating margin +€14,234
up €14,234 (+27.9%), from €51,063 to €65,297
- Taxes +€4,727
up €4,727 (+28.6%), from €16,530 to €21,257
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 | €263,392 | €308,696 | +€45,304 | +17.2% |
| Fixed assets | 21/28 | €214 | - | -€214 | |
| Tangible fixed assets | 22/27 | €214 | - | -€214 | |
| Furniture and vehicles | 24 | €214 | - | -€214 | |
| Current assets | 29/58 | €263,178 | €308,696 | +€45,518 | +17.3% |
| Amounts receivable within one year | 40/41 | €20,778 | €21,389 | +€611 | +2.9% |
| Trade receivables | 40 | €20,778 | €21,389 | +€611 | +2.9% |
| Cash at bank and in hand | 54/58 | €241,147 | €286,371 | +€45,223 | +18.8% |
| Deferred charges and accrued income | 490/1 | €1,253 | €937 | -€316 | -25.2% |
| Total equity and liabilities | 10/49 | €263,392 | €308,696 | +€45,304 | +17.2% |
| Equity | 10/15 | €244,234 | €287,292 | +€43,058 | +17.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €225,634 | €268,692 | +€43,058 | +19.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €223,774 | €266,832 | +€43,058 | +19.2% |
| Amounts payable | 17/49 | €19,158 | €21,404 | +€2,247 | +11.7% |
| Amounts payable within one year | 42/48 | €19,158 | €21,404 | +€2,247 | +11.7% |
| Trade debts | 44 | €5,144 | €4,299 | -€845 | -16.4% |
| Suppliers | 440/4 | €5,144 | €4,299 | -€845 | -16.4% |
| Taxes, remuneration and social security | 45 | €5,053 | €8,255 | +€3,203 | +63.4% |
| Taxes | 450/3 | €5,053 | €8,255 | +€3,203 | +63.4% |
| Other amounts payable | 47/48 | €8,961 | €8,850 | -€111 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €214 | -€186 | -46.6% |
| Other operating charges | 640/8 | €1,502 | €1,536 | +€34 | +2.3% |
| Gross operating margin | 9900 | €51,063 | €65,297 | +€14,234 | +27.9% |
| Operating profit (loss) | 9901 | €49,161 | €63,548 | +€14,387 | +29.3% |
| Financial income | 75/76B | €1,592 | €1,672 | +€81 | +5.1% |
| Recurring financial income | 75 | €1,592 | €1,672 | +€81 | +5.1% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €50,686 | €65,148 | +€14,462 | +28.5% |
| Income taxes | 67/77 | €16,530 | €21,257 | +€4,727 | +28.6% |
| Profit (loss) for the period | 9904 | €34,156 | €43,891 | +€9,735 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,156 | €43,891 | +€9,735 | +28.5% |
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 1 October 2026 via checked.be.