Dr. C.E. Sommeling: 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. C.E. Sommeling
Largest movements
- Cash +€14,350
up €14,350 (+20.1%), from €71,383 to €85,733
mainly Net result for the year (+€101,516) and Tax, wage and social debts (+€1,992)
- Receivables within one year +€2,637
up €2,637 (+821.5%), from €321 to €2,958
- Reserves +€101,516
new in 2025: €101,516
- Other debts -€88,791
down €88,791 (-83.8%), from €105,967 to €17,176
- Tax, wage and social debts +€1,992
up €1,992 (+126.4%), from €1,576 to €3,568
- Trade debts +€1,599
up €1,599 (+53.8%), from €2,970 to €4,568
- Gross operating margin +€12,749
up €12,749 (+10.5%), from €120,975 to €133,723
- Taxes +€3,858
up €3,858 (+14.6%), from €26,349 to €30,207
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 | €129,112 | €145,429 | +€16,316 | +12.6% |
| Fixed assets | 21/28 | €3,248 | €3,038 | -€210 | -6.5% |
| Tangible fixed assets | 22/27 | €3,248 | €3,038 | -€210 | -6.5% |
| Furniture and vehicles | 24 | €1,048 | €838 | -€210 | -20.0% |
| Other tangible fixed assets | 26 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €125,865 | €142,391 | +€16,526 | +13.1% |
| Amounts receivable within one year | 40/41 | €321 | €2,958 | +€2,637 | +821.5% |
| Trade receivables | 40 | €321 | €2,958 | +€2,637 | +821.5% |
| Cash at bank and in hand | 54/58 | €71,383 | €85,733 | +€14,350 | +20.1% |
| Deferred charges and accrued income | 490/1 | €54,161 | €53,700 | -€461 | -0.9% |
| Total equity and liabilities | 10/49 | €129,112 | €145,429 | +€16,316 | +12.6% |
| Equity | 10/15 | €18,600 | €120,116 | +€101,516 | +545.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €101,516 | +€101,516 | |
| Distributable reserves | 133 | - | €101,516 | +€101,516 | |
| Amounts payable | 17/49 | €110,512 | €25,313 | -€85,200 | -77.1% |
| Amounts payable within one year | 42/48 | €110,512 | €25,313 | -€85,200 | -77.1% |
| Trade debts | 44 | €2,970 | €4,568 | +€1,599 | +53.8% |
| Suppliers | 440/4 | €2,970 | €4,568 | +€1,599 | +53.8% |
| Taxes, remuneration and social security | 45 | €1,576 | €3,568 | +€1,992 | +126.4% |
| Taxes | 450/3 | €1,576 | €3,568 | +€1,992 | +126.4% |
| Other amounts payable | 47/48 | €105,967 | €17,176 | -€88,791 | -83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €495 | €210 | -€286 | -57.7% |
| Other operating charges | 640/8 | €407 | €483 | +€76 | +18.8% |
| Gross operating margin | 9900 | €120,975 | €133,723 | +€12,749 | +10.5% |
| Operating profit (loss) | 9901 | €120,073 | €133,031 | +€12,958 | +10.8% |
| Financial income | 75/76B | €14 | €1 | -€14 | -96.5% |
| Recurring financial income | 75 | €14 | €1 | -€14 | -96.5% |
| Financial charges | 65/66B | €1,147 | €1,308 | +€161 | +14.0% |
| Recurring financial charges | 65 | €1,147 | €1,308 | +€161 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €118,940 | €131,723 | +€12,783 | +10.7% |
| Income taxes | 67/77 | €26,349 | €30,207 | +€3,858 | +14.6% |
| Profit (loss) for the period | 9904 | €92,591 | €101,516 | +€8,925 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €92,591 | €101,516 | +€8,925 | +9.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.