DR BUSINE CECILE: 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 BUSINE CECILE
Largest movements
- Tangible fixed assets +€27,165
up €27,165 (+307%), from €8,843 to €36,008
of which Land and buildings: +€31,799
- Cash +€4,199
up €4,199 (+14.6%), from €28,852 to €33,051
mainly Net result for the year (+€31,968) and Debts after one year (+€8,097)
- Deferred charges and accrued income +€2,384
up €2,384 (+89.1%), from €2,676 to €5,061
- Profit (loss) carried forward +€31,968
up €31,968 (+108%), from €29,613 to €61,581
- Debts after one year +€8,097
new in 2025: €8,097
- Tax, wage and social debts -€6,927
down €6,927 (-83.8%), from €8,269 to €1,342
- Gross operating margin +€12,116
up €12,116 (+31.5%), from €38,415 to €50,531
- Depreciation +€3,307
up €3,307 (+82.1%), from €4,027 to €7,335
- Taxes +€1,301
up €1,301 (+16.2%), from €8,029 to €9,330
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 | €48,888 | €83,120 | +€34,232 | +70.0% |
| Fixed assets | 21/28 | €8,843 | €36,008 | +€27,165 | +307% |
| Tangible fixed assets | 22/27 | €8,843 | €36,008 | +€27,165 | +307% |
| Land and buildings | 22 | - | €31,799 | +€31,799 | |
| Furniture and vehicles | 24 | €8,843 | €4,209 | -€4,633 | -52.4% |
| Current assets | 29/58 | €40,046 | €47,112 | +€7,067 | +17.6% |
| Amounts receivable within one year | 40/41 | €8,517 | €9,000 | +€483 | +5.7% |
| Trade receivables | 40 | €3,250 | - | -€3,250 | |
| Other amounts receivable | 41 | €5,267 | €9,000 | +€3,733 | +70.9% |
| Cash at bank and in hand | 54/58 | €28,852 | €33,051 | +€4,199 | +14.6% |
| Deferred charges and accrued income | 490/1 | €2,676 | €5,061 | +€2,384 | +89.1% |
| Total equity and liabilities | 10/49 | €48,888 | €83,120 | +€34,232 | +70.0% |
| Equity | 10/15 | €33,613 | €65,581 | +€31,968 | +95.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,613 | €61,581 | +€31,968 | +108% |
| Amounts payable | 17/49 | €15,275 | €17,539 | +€2,264 | +14.8% |
| Amounts payable after more than one year | 17 | - | €8,097 | +€8,097 | |
| Financial debts | 170/4 | - | €8,097 | +€8,097 | |
| Amounts payable within one year | 42/48 | €15,275 | €9,442 | -€5,833 | -38.2% |
| Current portion of amounts payable after more than one year | 42 | €5,143 | €5,511 | +€367 | +7.1% |
| Trade debts | 44 | €1,863 | €1,779 | -€83 | -4.5% |
| Suppliers | 440/4 | €1,863 | €1,779 | -€83 | -4.5% |
| Taxes, remuneration and social security | 45 | €8,269 | €1,342 | -€6,927 | -83.8% |
| Taxes | 450/3 | €8,269 | €1,342 | -€6,927 | -83.8% |
| Other amounts payable | 47/48 | - | €810 | +€810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,027 | €7,335 | +€3,307 | +82.1% |
| Other operating charges | 640/8 | €999 | €1,066 | +€67 | +6.7% |
| Gross operating margin | 9900 | €38,415 | €50,531 | +€12,116 | +31.5% |
| Operating profit (loss) | 9901 | €33,389 | €42,130 | +€8,742 | +26.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €480 | €832 | +€352 | +73.4% |
| Recurring financial charges | 65 | €480 | €832 | +€352 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | €32,909 | €41,298 | +€8,389 | +25.5% |
| Income taxes | 67/77 | €8,029 | €9,330 | +€1,301 | +16.2% |
| Profit (loss) for the period | 9904 | €24,879 | €31,968 | +€7,088 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,879 | €31,968 | +€7,088 | +28.5% |
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 1 November 2026 via checked.be.