Dr. Britt Royers: what changed
Dr. Britt Royers
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Receivables within one year +€41,176
up €41,176 (+19,608%), from €210 to €41,386
of which Other amounts receivable: +€41,386
- Cash -€21,531
down €21,531 (-26.2%), from €82,157 to €60,626
mainly Contributions, distributions and other (-€56,130) and Other debts (-€48,772)
- Tangible fixed assets -€13,806
down €13,806 (-25.4%), from €54,301 to €40,496
of which Furniture and vehicles: -€7,650
- Other debts -€48,772
down €48,772 (-100%), from €48,772 to €0
- Reserves -€29,684
down €29,684 (-14.3%), from €208,174 to €178,490
- Debts after one year -€11,725
down €11,725 (-35.7%), from €32,874 to €21,149
- Tax, wage and social debts -€6,185
down €6,185 (-100%), from €6,185 to €0
- Accrued charges and deferred income +€4,463
up €4,463 (+111%), from €4,026 to €8,489
- Gross operating margin -€23,313
down €23,313 (-25.7%), from €90,791 to €67,478
- Taxes -€10,602
down €10,602 (-50.0%), from €21,185 to €10,583
- Financial income +€2,180
up €2,180 (+47.4%), from €4,603 to €6,783
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €341,045 | €247,577 | -€93,468 | -27.4% |
| Fixed assets | 21/28 | €54,301 | €40,496 | -€13,806 | -25.4% |
| Tangible fixed assets | 22/27 | €54,301 | €40,496 | -€13,806 | -25.4% |
| Land and buildings | 22 | €29,224 | €23,068 | -€6,156 | -21.1% |
| Furniture and vehicles | 24 | €25,078 | €17,428 | -€7,650 | -30.5% |
| Current assets | 29/58 | €286,743 | €207,082 | -€79,662 | -27.8% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €210 | €41,386 | +€41,176 | +19,608% |
| Trade receivables | 40 | €210 | €0 | -€210 | -100% |
| Other amounts receivable | 41 | - | €41,386 | +€41,386 | |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €82,157 | €60,626 | -€21,531 | -26.2% |
| Deferred charges and accrued income | 490/1 | €4,376 | €5,069 | +€693 | +15.8% |
| Total equity and liabilities | 10/49 | €341,045 | €247,577 | -€93,468 | -27.4% |
| Equity | 10/15 | €226,774 | €197,090 | -€29,684 | -13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,174 | €178,490 | -€29,684 | -14.3% |
| Distributable reserves | 133 | €208,174 | €178,490 | -€29,684 | -14.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €114,271 | €50,487 | -€63,784 | -55.8% |
| Amounts payable after more than one year | 17 | €32,874 | €21,149 | -€11,725 | -35.7% |
| Financial debts | 170/4 | €32,874 | €21,149 | -€11,725 | -35.7% |
| Amounts payable within one year | 42/48 | €77,371 | €20,849 | -€56,522 | -73.1% |
| Current portion of amounts payable after more than one year | 42 | €11,200 | €11,725 | +€525 | +4.7% |
| Trade debts | 44 | €11,214 | €9,124 | -€2,090 | -18.6% |
| Suppliers | 440/4 | €11,214 | €9,124 | -€2,090 | -18.6% |
| Taxes, remuneration and social security | 45 | €6,185 | €0 | -€6,185 | -100% |
| Taxes | 450/3 | €6,185 | €0 | -€6,185 | -100% |
| Other amounts payable | 47/48 | €48,772 | €0 | -€48,772 | -100% |
| Accrued charges and deferred income | 492/3 | €4,026 | €8,489 | +€4,463 | +111% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,806 | €13,806 | = | 0.0% |
| Other operating charges | 640/8 | €2,579 | €2,526 | -€53 | -2.0% |
| Non-recurring operating charges | 66A | - | €14,950 | +€14,950 | |
| Gross operating margin | 9900 | €90,791 | €67,478 | -€23,313 | -25.7% |
| Operating profit (loss) | 9901 | €74,406 | €36,196 | -€38,210 | -51.4% |
| Financial income | 75/76B | €4,603 | €6,783 | +€2,180 | +47.4% |
| Recurring financial income | 75 | €4,603 | €6,783 | +€2,180 | +47.4% |
| Financial charges | 65/66B | €5,848 | €5,950 | +€103 | +1.8% |
| Recurring financial charges | 65 | €5,848 | €5,950 | +€103 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €73,161 | €37,029 | -€36,132 | -49.4% |
| Income taxes | 67/77 | €21,185 | €10,583 | -€10,602 | -50.0% |
| Profit (loss) for the period | 9904 | €51,977 | €26,446 | -€25,531 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €51,977 | €26,446 | -€25,531 | -49.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.