Dr Clémentine BROISSON: 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 Clémentine BROISSON
Largest movements
- Cash +€47,307
up €47,307 (+141%), from €33,655 to €80,962
mainly Net result for the year (+€45,354) and Tax, wage and social debts (+€5,619)
- Deferred charges and accrued income +€4,908
up €4,908 (+422%), from €1,162 to €6,070
- Receivables within one year -€1,748
no longer reported in 2025 (was €1,748)
- Profit (loss) carried forward +€45,354
up €45,354 (+173%), from €26,213 to €71,567
- Tax, wage and social debts +€5,619
up €5,619 (+1,583%), from €355 to €5,974
of which Taxes: +€5,323
- Other debts -€3,741
down €3,741 (-95.1%), from €3,934 to €193
- Trade debts +€3,236
up €3,236 (+5,137%), from €63 to €3,299
- Gross operating margin +€25,440
up €25,440 (+75.8%), from €33,567 to €59,007
- Taxes +€6,321
up €6,321 (+87.8%), from €7,203 to €13,524
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 | €36,565 | €87,033 | +€50,467 | +138% |
| Current assets | 29/58 | €36,565 | €87,033 | +€50,467 | +138% |
| Amounts receivable within one year | 40/41 | €1,748 | - | -€1,748 | |
| Trade receivables | 40 | €1,748 | - | -€1,748 | |
| Cash at bank and in hand | 54/58 | €33,655 | €80,962 | +€47,307 | +141% |
| Deferred charges and accrued income | 490/1 | €1,162 | €6,070 | +€4,908 | +422% |
| Total equity and liabilities | 10/49 | €36,565 | €87,033 | +€50,467 | +138% |
| Equity | 10/15 | €32,213 | €77,567 | +€45,354 | +141% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,213 | €71,567 | +€45,354 | +173% |
| Amounts payable | 17/49 | €4,352 | €9,466 | +€5,114 | +117% |
| Amounts payable within one year | 42/48 | €4,352 | €9,466 | +€5,114 | +117% |
| Trade debts | 44 | €63 | €3,299 | +€3,236 | +5,137% |
| Suppliers | 440/4 | €63 | €3,299 | +€3,236 | +5,137% |
| Taxes, remuneration and social security | 45 | €355 | €5,974 | +€5,619 | +1,583% |
| Taxes | 450/3 | €203 | €5,526 | +€5,323 | +2,621% |
| Remuneration and social security | 454/9 | €152 | €448 | +€296 | +195% |
| Other amounts payable | 47/48 | €3,934 | €193 | -€3,741 | -95.1% |
| Other operating charges | 640/8 | €106 | €66 | -€40 | -37.7% |
| Gross operating margin | 9900 | €33,567 | €59,007 | +€25,440 | +75.8% |
| Operating profit (loss) | 9901 | €33,461 | €58,941 | +€25,480 | +76.1% |
| Financial charges | 65/66B | €45 | €64 | +€19 | +42.3% |
| Recurring financial charges | 65 | €45 | €64 | +€19 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €33,416 | €58,877 | +€25,461 | +76.2% |
| Income taxes | 67/77 | €7,203 | €13,524 | +€6,321 | +87.8% |
| Profit (loss) for the period | 9904 | €26,213 | €45,354 | +€19,140 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,213 | €45,354 | +€19,140 | +73.0% |
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 19 October 2026 via checked.be.