Dr. Bijnens: 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. Bijnens
Largest movements
- Cash -€96,082
down €96,082 (-81.6%), from €117,760 to €21,678
mainly Contributions, distributions and other (-€166,000) and Investment in fixed assets (net) (-€114,235)
- Tangible fixed assets +€54,957
up €54,957 (+233%), from €23,586 to €78,542
of which Furniture and vehicles: +€55,083
- Financial fixed assets +€44,070
new in 2025: €44,070
- Receivables within one year -€31,468
down €31,468 (-91.2%), from €34,515 to €3,046
- Intangible fixed assets -€2,500
down €2,500 (-13.6%), from €18,333 to €15,833
- Reserves -€104,093
down €104,093 (-62.5%), from €166,514 to €62,422
- Other debts +€98,658
new in 2025: €98,658
- Tax, wage and social debts -€19,725
down €19,725 (-100%), from €19,725 to €0
- Accrued charges and deferred income -€7,390
down €7,390 (-49.9%), from €14,818 to €7,428
- Gross operating margin -€10,249
down €10,249 (-9.5%), from €107,707 to €97,458
- Depreciation +€4,857
up €4,857 (+37.8%), from €12,851 to €17,708
- Taxes -€2,771
down €2,771 (-14.0%), from €19,725 to €16,954
- Financial income -€1,145
down €1,145 (-100.0%), from €1,145 to €0
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 | €206,590 | €173,498 | -€33,092 | -16.0% |
| Fixed assets | 21/28 | €41,919 | €138,446 | +€96,527 | +230% |
| Intangible fixed assets | 21 | €18,333 | €15,833 | -€2,500 | -13.6% |
| Tangible fixed assets | 22/27 | €23,586 | €78,542 | +€54,957 | +233% |
| Plant, machinery and equipment | 23 | €1,035 | €908 | -€126 | -12.2% |
| Furniture and vehicles | 24 | €22,551 | €77,634 | +€55,083 | +244% |
| Financial fixed assets | 28 | - | €44,070 | +€44,070 | |
| Current assets | 29/58 | €164,671 | €35,052 | -€129,619 | -78.7% |
| Amounts receivable within one year | 40/41 | €34,515 | €3,046 | -€31,468 | -91.2% |
| Other amounts receivable | 41 | €34,515 | €3,046 | -€31,468 | -91.2% |
| Cash at bank and in hand | 54/58 | €117,760 | €21,678 | -€96,082 | -81.6% |
| Deferred charges and accrued income | 490/1 | €12,397 | €10,328 | -€2,069 | -16.7% |
| Total equity and liabilities | 10/49 | €206,590 | €173,498 | -€33,092 | -16.0% |
| Equity | 10/15 | €169,514 | €65,422 | -€104,093 | -61.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €166,514 | €62,422 | -€104,093 | -62.5% |
| Distributable reserves | 133 | €166,514 | €62,422 | -€104,093 | -62.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €37,076 | €108,077 | +€71,000 | +191% |
| Amounts payable within one year | 42/48 | €22,259 | €100,649 | +€78,390 | +352% |
| Trade debts | 44 | €2,534 | €1,991 | -€543 | -21.4% |
| Suppliers | 440/4 | €2,534 | €1,991 | -€543 | -21.4% |
| Taxes, remuneration and social security | 45 | €19,725 | €0 | -€19,725 | -100% |
| Taxes | 450/3 | €19,725 | €0 | -€19,725 | -100% |
| Other amounts payable | 47/48 | - | €98,658 | +€98,658 | |
| Accrued charges and deferred income | 492/3 | €14,818 | €7,428 | -€7,390 | -49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,851 | €17,708 | +€4,857 | +37.8% |
| Other operating charges | 640/8 | €277 | €843 | +€567 | +205% |
| Gross operating margin | 9900 | €107,707 | €97,458 | -€10,249 | -9.5% |
| Operating profit (loss) | 9901 | €94,578 | €78,906 | -€15,672 | -16.6% |
| Financial income | 75/76B | €1,145 | €0 | -€1,145 | -100.0% |
| Recurring financial income | 75 | €1,145 | €0 | -€1,145 | -100.0% |
| Financial charges | 65/66B | €0 | €45 | +€45 | |
| Recurring financial charges | 65 | €0 | €45 | +€45 | |
| Profit (loss) for the period before taxes | 9903 | €95,723 | €78,861 | -€16,862 | -17.6% |
| Income taxes | 67/77 | €19,725 | €16,954 | -€2,771 | -14.0% |
| Profit (loss) for the period | 9904 | €75,998 | €61,907 | -€14,091 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,998 | €61,907 | -€14,091 | -18.5% |
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 16 October 2026 via checked.be.