Dr. Boon Isabelle: 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. Boon Isabelle
Largest movements
- Cash -€10,620
down €10,620 (-57.9%), from €18,343 to €7,723
mainly Contributions, distributions and other (-€91,648) and Investment in fixed assets (net) (-€7,013)
- Tangible fixed assets +€3,538
up €3,538 (+76.7%), from €4,610 to €8,148
of which Furniture and vehicles: +€4,989
- Deferred charges and accrued income +€2,202
up €2,202 (+29.5%), from €7,464 to €9,666
- Tax, wage and social debts -€4,646
down €4,646 (-81.6%), from €5,692 to €1,046
of which Taxes: -€4,646
- Gross operating margin -€10,730
down €10,730 (-8.2%), from €131,588 to €120,858
- Depreciation -€3,343
down €3,343 (-49.0%), from €6,818 to €3,475
- Taxes -€2,382
down €2,382 (-8.6%), from €27,646 to €25,264
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 | €49,206 | €44,617 | -€4,589 | -9.3% |
| Fixed assets | 21/28 | €4,610 | €8,148 | +€3,538 | +76.7% |
| Tangible fixed assets | 22/27 | €4,610 | €8,148 | +€3,538 | +76.7% |
| Plant, machinery and equipment | 23 | €3,157 | €1,706 | -€1,451 | -46.0% |
| Furniture and vehicles | 24 | €1,453 | €6,442 | +€4,989 | +343% |
| Current assets | 29/58 | €44,596 | €36,469 | -€8,127 | -18.2% |
| Amounts receivable within one year | 40/41 | €18,789 | €19,080 | +€291 | +1.5% |
| Other amounts receivable | 41 | €18,789 | €19,080 | +€291 | +1.5% |
| Cash at bank and in hand | 54/58 | €18,343 | €7,723 | -€10,620 | -57.9% |
| Deferred charges and accrued income | 490/1 | €7,464 | €9,666 | +€2,202 | +29.5% |
| Total equity and liabilities | 10/49 | €49,206 | €44,617 | -€4,589 | -9.3% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €44,206 | €39,617 | -€4,589 | -10.4% |
| Amounts payable within one year | 42/48 | €43,656 | €39,049 | -€4,607 | -10.6% |
| Trade debts | 44 | €816 | €613 | -€202 | -24.8% |
| Suppliers | 440/4 | €816 | €613 | -€202 | -24.8% |
| Taxes, remuneration and social security | 45 | €5,692 | €1,046 | -€4,646 | -81.6% |
| Taxes | 450/3 | €5,692 | €1,046 | -€4,646 | -81.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €37,149 | €37,390 | +€241 | +0.6% |
| Accrued charges and deferred income | 492/3 | €550 | €568 | +€18 | +3.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,818 | €3,475 | -€3,343 | -49.0% |
| Other operating charges | 640/8 | €319 | €186 | -€133 | -41.8% |
| Gross operating margin | 9900 | €131,588 | €120,858 | -€10,730 | -8.2% |
| Operating profit (loss) | 9901 | €124,451 | €117,197 | -€7,253 | -5.8% |
| Financial income | 75/76B | €281 | €0 | -€281 | -100% |
| Recurring financial income | 75 | €281 | €0 | -€281 | -100% |
| Financial charges | 65/66B | €320 | €285 | -€35 | -10.9% |
| Recurring financial charges | 65 | €320 | €285 | -€35 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €124,411 | €116,912 | -€7,499 | -6.0% |
| Income taxes | 67/77 | €27,646 | €25,264 | -€2,382 | -8.6% |
| Profit (loss) for the period | 9904 | €96,765 | €91,648 | -€5,118 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €96,765 | €91,648 | -€5,118 | -5.3% |
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 17 October 2026 via checked.be.