DR. DE CUYPER EVA: 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. DE CUYPER EVA
Largest movements
- Receivables within one year +€43,017
up €43,017 (+19.3%), from €222,473 to €265,490
- Cash -€30,348
down €30,348 (-8.8%), from €343,913 to €313,565
mainly Contributions, distributions and other (-€274,850) and Receivables within one year (-€43,017)
- Receivables after one year -€27,897
down €27,897 (-47.7%), from €58,435 to €30,537
- Tangible fixed assets -€24,148
down €24,148 (-10.5%), from €230,805 to €206,657
of which Land and buildings: -€16,780
- Reserves -€35,550
down €35,550 (-5.1%), from €702,783 to €667,233
- Debts after one year -€35,333
down €35,333 (-48.0%), from €73,610 to €38,277
- Tax, wage and social debts +€32,698
up €32,698 (+123%), from €26,590 to €59,288
- Gross operating margin +€30,601
up €30,601 (+8.5%), from €359,755 to €390,356
- Taxes +€9,547
up €9,547 (+9.7%), from €98,590 to €108,138
- Depreciation +€4,373
up €4,373 (+12.4%), from €35,204 to €39,578
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 | €859,018 | €819,409 | -€39,610 | -4.6% |
| Fixed assets | 21/28 | €230,805 | €206,657 | -€24,148 | -10.5% |
| Tangible fixed assets | 22/27 | €230,805 | €206,657 | -€24,148 | -10.5% |
| Land and buildings | 22 | €189,739 | €172,960 | -€16,780 | -8.8% |
| Plant, machinery and equipment | 23 | €749 | €171 | -€578 | -77.1% |
| Furniture and vehicles | 24 | €40,317 | €33,526 | -€6,791 | -16.8% |
| Current assets | 29/58 | €628,213 | €612,752 | -€15,461 | -2.5% |
| Amounts receivable after more than one year | 29 | €58,435 | €30,537 | -€27,897 | -47.7% |
| Other amounts receivable | 291 | €58,435 | €30,537 | -€27,897 | -47.7% |
| Amounts receivable within one year | 40/41 | €222,473 | €265,490 | +€43,017 | +19.3% |
| Trade receivables | 40 | €222,473 | €265,490 | +€43,017 | +19.3% |
| Cash at bank and in hand | 54/58 | €343,913 | €313,565 | -€30,348 | -8.8% |
| Deferred charges and accrued income | 490/1 | €3,393 | €3,159 | -€233 | -6.9% |
| Total equity and liabilities | 10/49 | €859,018 | €819,409 | -€39,610 | -4.6% |
| Equity | 10/15 | €715,183 | €679,633 | -€35,550 | -5.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €702,783 | €667,233 | -€35,550 | -5.1% |
| Distributable reserves | 133 | €702,783 | €667,233 | -€35,550 | -5.1% |
| Amounts payable | 17/49 | €143,836 | €139,775 | -€4,060 | -2.8% |
| Amounts payable after more than one year | 17 | €73,610 | €38,277 | -€35,333 | -48.0% |
| Financial debts | 170/4 | €73,610 | €38,277 | -€35,333 | -48.0% |
| Amounts payable within one year | 42/48 | €67,454 | €97,198 | +€29,744 | +44.1% |
| Current portion of amounts payable after more than one year | 42 | €35,333 | €35,333 | = | 0.0% |
| Trade debts | 44 | €5,530 | €2,577 | -€2,954 | -53.4% |
| Suppliers | 440/4 | €5,530 | €2,577 | -€2,954 | -53.4% |
| Taxes, remuneration and social security | 45 | €26,590 | €59,288 | +€32,698 | +123% |
| Taxes | 450/3 | €26,590 | €59,288 | +€32,698 | +123% |
| Accrued charges and deferred income | 492/3 | €2,771 | €4,300 | +€1,529 | +55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,204 | €39,578 | +€4,373 | +12.4% |
| Other operating charges | 640/8 | €3,308 | €3,099 | -€209 | -6.3% |
| Gross operating margin | 9900 | €359,755 | €390,356 | +€30,601 | +8.5% |
| Operating profit (loss) | 9901 | €321,243 | €347,680 | +€26,437 | +8.2% |
| Financial income | 75/76B | €1,640 | €3,326 | +€1,686 | +103% |
| Recurring financial income | 75 | €1,640 | €3,326 | +€1,686 | +103% |
| Financial charges | 65/66B | €4,270 | €3,568 | -€703 | -16.5% |
| Recurring financial charges | 65 | €4,270 | €3,568 | -€703 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €318,612 | €347,438 | +€28,825 | +9.0% |
| Income taxes | 67/77 | €98,590 | €108,138 | +€9,547 | +9.7% |
| Profit (loss) for the period | 9904 | €220,022 | €239,300 | +€19,278 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €220,022 | €239,300 | +€19,278 | +8.8% |
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 28 October 2026 via checked.be.