Dr. Dagmara Dilling-Boer: what changed
Dr. Dagmara Dilling-Boer
Largest movements
- Current investments +€132,582
up €132,582 (+17.3%), from €766,243 to €898,824
- Cash +€126,194
up €126,194 (+400%), from €31,532 to €157,727
mainly Other debts (+€852,090) and Net result for the year (+€440,459)
- Receivables within one year -€114,423
down €114,423 (-25.8%), from €443,743 to €329,320
of which Other amounts receivable: -€102,612
- Tangible fixed assets -€30,158
down €30,158 (-23.5%), from €128,339 to €98,180
of which Land and buildings: -€16,393
- Other debts +€852,090
new in 2025: €852,090
- Reserves -€626,208
down €626,208 (-54.3%), from €1.2m to €527,487
of which Distributable reserves: -€626,208
- Accrued charges and deferred income -€110,000
down €110,000 (-100%), from €110,000 to €0
- Gross operating margin -€15,958
down €15,958 (-2.8%), from €564,997 to €549,039
- Other operating charges -€14,043
down €14,043 (-72.4%), from €19,408 to €5,365
- Depreciation +€7,543
up €7,543 (+31.0%), from €24,342 to €31,885
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 | €1,380,680 | €1,500,357 | +€119,677 | +8.7% |
| Fixed assets | 21/28 | €130,339 | €100,180 | -€30,158 | -23.1% |
| Tangible fixed assets | 22/27 | €128,339 | €98,180 | -€30,158 | -23.5% |
| Land and buildings | 22 | €55,882 | €39,488 | -€16,393 | -29.3% |
| Furniture and vehicles | 24 | €72,457 | €58,692 | -€13,765 | -19.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €1,250,341 | €1,400,177 | +€149,836 | +12.0% |
| Amounts receivable within one year | 40/41 | €443,743 | €329,320 | -€114,423 | -25.8% |
| Trade receivables | 40 | €337,519 | €325,708 | -€11,810 | -3.5% |
| Other amounts receivable | 41 | €106,224 | €3,611 | -€102,612 | -96.6% |
| Current investments | 50/53 | €766,243 | €898,824 | +€132,582 | +17.3% |
| Cash at bank and in hand | 54/58 | €31,532 | €157,727 | +€126,194 | +400% |
| Deferred charges and accrued income | 490/1 | €8,823 | €14,306 | +€5,483 | +62.1% |
| Total equity and liabilities | 10/49 | €1,380,680 | €1,500,357 | +€119,677 | +8.7% |
| Equity | 10/15 | €1,228,094 | €601,887 | -€626,208 | -51.0% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €1,153,694 | €527,487 | -€626,208 | -54.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,153,694 | €527,487 | -€626,208 | -54.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €152,585 | €898,470 | +€745,885 | +489% |
| Amounts payable within one year | 42/48 | €42,585 | €898,470 | +€855,885 | +2,010% |
| Financial debts | 43 | €38,909 | €38,333 | -€575 | -1.5% |
| Credit institutions | 430/8 | €38,909 | €38,333 | -€575 | -1.5% |
| Trade debts | 44 | €3,676 | €8,047 | +€4,370 | +119% |
| Suppliers | 440/4 | €3,676 | €8,047 | +€4,370 | +119% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €852,090 | +€852,090 | |
| Accrued charges and deferred income | 492/3 | €110,000 | €0 | -€110,000 | -100% |
| Non-recurring operating income | 76A | €30,000 | €0 | -€30,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,342 | €31,885 | +€7,543 | +31.0% |
| Other operating charges | 640/8 | €19,408 | €5,365 | -€14,043 | -72.4% |
| Gross operating margin | 9900 | €564,997 | €549,039 | -€15,958 | -2.8% |
| Operating profit (loss) | 9901 | €521,246 | €511,789 | -€9,458 | -1.8% |
| Financial income | 75/76B | €57,044 | €62,303 | +€5,260 | +9.2% |
| Recurring financial income | 75 | €57,044 | €62,303 | +€5,260 | +9.2% |
| Financial charges | 65/66B | €3,276 | €2,104 | -€1,172 | -35.8% |
| Recurring financial charges | 65 | €3,276 | €2,104 | -€1,172 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €575,014 | €571,988 | -€3,026 | -0.5% |
| Income taxes | 67/77 | €127,895 | €131,529 | +€3,634 | +2.8% |
| Profit (loss) for the period | 9904 | €447,119 | €440,459 | -€6,660 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €447,119 | €440,459 | -€6,660 | -1.5% |
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 5 November 2026 via checked.be.