DR.CATHERINE VRYENS: what changed
DR.CATHERINE VRYENS
Largest movements
- Tangible fixed assets -€35,211
down €35,211 (-14.2%), from €248,274 to €213,063
of which Land and buildings: -€24,909
- Cash +€10,944
up €10,944 (+307%), from €3,560 to €14,504
mainly Other debts (+€101,070) and Depreciation (+€37,797)
- Receivables within one year -€5,306
down €5,306 (-18.2%), from €29,112 to €23,807
of which Trade receivables: -€3,178
- Reserves -€140,850
down €140,850 (-68.3%), from €206,190 to €65,340
- Other debts +€101,070
up €101,070 (+183%), from €55,239 to €156,309
- Accrued charges and deferred income +€9,059
up €9,059 (+336%), from €2,700 to €11,759
- Profit (loss) carried forward +€7,613
up €7,613, from -€7,613 to €0
- Other operating charges -€17,831
down €17,831 (-51.2%), from €34,822 to €16,991
- Gross operating margin +€9,579
up €9,579 (+12.4%), from €77,264 to €86,843
- Staff costs +€5,189
up €5,189 (+670%), from €774 to €5,963
- Financial charges +€4,751
up €4,751 (+126%), from €3,782 to €8,533
- Depreciation -€3,445
down €3,445 (-8.4%), from €41,242 to €37,797
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 | €284,355 | €257,090 | -€27,265 | -9.6% |
| Fixed assets | 21/28 | €248,274 | €213,063 | -€35,211 | -14.2% |
| Tangible fixed assets | 22/27 | €248,274 | €213,063 | -€35,211 | -14.2% |
| Land and buildings | 22 | €211,228 | €186,319 | -€24,909 | -11.8% |
| Plant, machinery and equipment | 23 | €7,321 | €6,885 | -€435 | -5.9% |
| Furniture and vehicles | 24 | €29,725 | €19,859 | -€9,866 | -33.2% |
| Current assets | 29/58 | €36,081 | €44,027 | +€7,946 | +22.0% |
| Amounts receivable within one year | 40/41 | €29,112 | €23,807 | -€5,306 | -18.2% |
| Trade receivables | 40 | €26,984 | €23,807 | -€3,178 | -11.8% |
| Other amounts receivable | 41 | €2,128 | €0 | -€2,128 | -100% |
| Cash at bank and in hand | 54/58 | €3,560 | €14,504 | +€10,944 | +307% |
| Deferred charges and accrued income | 490/1 | €3,408 | €5,716 | +€2,308 | +67.7% |
| Total equity and liabilities | 10/49 | €284,355 | €257,090 | -€27,265 | -9.6% |
| Equity | 10/15 | €217,177 | €83,940 | -€133,237 | -61.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €206,190 | €65,340 | -€140,850 | -68.3% |
| Distributable reserves | 133 | €206,190 | €65,340 | -€140,850 | -68.3% |
| Profit (loss) carried forward | 14 | -€7,613 | €0 | +€7,613 | |
| Amounts payable | 17/49 | €67,178 | €173,150 | +€105,973 | +158% |
| Amounts payable within one year | 42/48 | €64,478 | €161,392 | +€96,914 | +150% |
| Current portion of amounts payable after more than one year | 42 | €1,582 | €1,667 | +€85 | +5.4% |
| Trade debts | 44 | €3,667 | €1,479 | -€2,188 | -59.7% |
| Suppliers | 440/4 | €3,667 | €1,479 | -€2,188 | -59.7% |
| Taxes, remuneration and social security | 45 | €3,990 | €1,937 | -€2,053 | -51.5% |
| Taxes | 450/3 | €660 | €1,367 | +€708 | +107% |
| Remuneration and social security | 454/9 | €3,330 | €569 | -€2,761 | -82.9% |
| Other amounts payable | 47/48 | €55,239 | €156,309 | +€101,070 | +183% |
| Accrued charges and deferred income | 492/3 | €2,700 | €11,759 | +€9,059 | +336% |
| Remuneration, social security and pensions | 62 | €774 | €5,963 | +€5,189 | +670% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,242 | €37,797 | -€3,445 | -8.4% |
| Other operating charges | 640/8 | €34,822 | €16,991 | -€17,831 | -51.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €77,264 | €86,843 | +€9,579 | +12.4% |
| Operating profit (loss) | 9901 | €426 | €26,092 | +€25,666 | +6,021% |
| Financial income | 75/76B | €803 | €12 | -€790 | -98.5% |
| Recurring financial income | 75 | €803 | €12 | -€790 | -98.5% |
| Financial charges | 65/66B | €3,782 | €8,533 | +€4,751 | +126% |
| Recurring financial charges | 65 | €3,782 | €8,533 | +€4,751 | +126% |
| Profit (loss) for the period before taxes | 9903 | -€2,553 | €17,571 | +€20,124 | |
| Income taxes | 67/77 | €5,060 | €5,464 | +€404 | +8.0% |
| Profit (loss) for the period | 9904 | -€7,613 | €12,107 | +€19,720 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,613 | €12,107 | +€19,720 |
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 3 November 2026 via checked.be.