Dr. Charlotte Dehandschutter: 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. Charlotte Dehandschutter
Largest movements
- Cash +€44,952
up €44,952 (+86.0%), from €52,300 to €97,252
mainly Net result for the year (+€87,877) and Deferred charges and accrued income (+€3,073)
- Current investments +€35,235
up €35,235 (+26.5%), from €133,000 to €168,235
- Deferred charges and accrued income -€3,073
down €3,073 (-35.9%), from €8,565 to €5,492
- Reserves +€87,877
up €87,877 (+41.1%), from €213,562 to €301,439
- Tax, wage and social debts -€9,473
down €9,473 (-100%), from €9,473 to €0
- Gross operating margin -€101,938
down €101,938 (-47.4%), from €214,947 to €113,008
- Taxes -€25,326
down €25,326 (-51.0%), from €49,651 to €24,325
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 | €226,776 | €304,815 | +€78,039 | +34.4% |
| Fixed assets | 21/28 | €3,397 | €1,612 | -€1,786 | -52.6% |
| Tangible fixed assets | 22/27 | €3,397 | €1,612 | -€1,786 | -52.6% |
| Furniture and vehicles | 24 | €3,397 | €1,612 | -€1,786 | -52.6% |
| Current assets | 29/58 | €223,379 | €303,203 | +€79,824 | +35.7% |
| Amounts receivable within one year | 40/41 | €29,514 | €32,224 | +€2,710 | +9.2% |
| Trade receivables | 40 | €29,514 | €31,000 | +€1,486 | +5.0% |
| Other amounts receivable | 41 | - | €1,224 | +€1,224 | |
| Current investments | 50/53 | €133,000 | €168,235 | +€35,235 | +26.5% |
| Cash at bank and in hand | 54/58 | €52,300 | €97,252 | +€44,952 | +86.0% |
| Deferred charges and accrued income | 490/1 | €8,565 | €5,492 | -€3,073 | -35.9% |
| Total equity and liabilities | 10/49 | €226,776 | €304,815 | +€78,039 | +34.4% |
| Equity | 10/15 | €215,062 | €302,939 | +€87,877 | +40.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €213,562 | €301,439 | +€87,877 | +41.1% |
| Distributable reserves | 133 | €213,562 | €301,439 | +€87,877 | +41.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,714 | €1,875 | -€9,839 | -84.0% |
| Amounts payable within one year | 42/48 | €11,714 | €1,875 | -€9,839 | -84.0% |
| Trade debts | 44 | €1,028 | €1,676 | +€649 | +63.1% |
| Suppliers | 440/4 | €1,028 | €1,676 | +€649 | +63.1% |
| Taxes, remuneration and social security | 45 | €9,473 | €0 | -€9,473 | -100% |
| Taxes | 450/3 | €9,473 | €0 | -€9,473 | -100% |
| Other amounts payable | 47/48 | €1,214 | €199 | -€1,015 | -83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,647 | €1,786 | +€139 | +8.5% |
| Other operating charges | 640/8 | €595 | €1,101 | +€505 | +84.9% |
| Gross operating margin | 9900 | €214,947 | €113,008 | -€101,938 | -47.4% |
| Operating profit (loss) | 9901 | €212,705 | €110,122 | -€102,583 | -48.2% |
| Financial income | 75/76B | €596 | €2,151 | +€1,555 | +261% |
| Recurring financial income | 75 | €596 | €2,151 | +€1,555 | +261% |
| Financial charges | 65/66B | €39 | €70 | +€31 | +80.2% |
| Recurring financial charges | 65 | €39 | €70 | +€31 | +80.2% |
| Profit (loss) for the period before taxes | 9903 | €213,262 | €112,203 | -€101,060 | -47.4% |
| Income taxes | 67/77 | €49,651 | €24,325 | -€25,326 | -51.0% |
| Profit (loss) for the period | 9904 | €163,611 | €87,877 | -€75,733 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €163,611 | €87,877 | -€75,733 | -46.3% |
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 13 October 2026 via checked.be.