DR. DIRK VAN GOOL: 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. DIRK VAN GOOL
Largest movements
- Current investments -€30,530
down €30,530 (-20.0%), from €152,940 to €122,410
- Cash +€4,999
up €4,999 (+66.3%), from €7,540 to €12,539
mainly Net result for the year (+€44,357) and Current investments (+€30,530)
- Reserves -€49,022
down €49,022 (-30.9%), from €158,717 to €109,695
- Other debts +€19,706
up €19,706 (+555.4%), from €3,548 to €23,254
- Tax, wage and social debts +€6,008
new in 2025: €6,008
- Gross operating margin +€15,578
up €15,578 (+44.2%), from €35,225 to €50,803
- Financial income +€6,506
up €6,506 (+178.2%), from €3,652 to €10,157
- Taxes +€4,383
up €4,383 (+51.2%), from €8,562 to €12,944
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.
Cash bridge derived
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 | €181,738 | €157,906 | -€23,832 | -13.1% |
| Fixed assets | 21/28 | €14,664 | €15,712 | +€1,048 | +7.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €14,664 | €15,712 | +€1,048 | +7.2% |
| Plant, machinery and equipment | 23 | €145 | €0 | -€145 | -100.0% |
| Furniture and vehicles | 24 | €14,519 | €15,712 | +€1,193 | +8.2% |
| Current assets | 29/58 | €167,075 | €142,194 | -€24,880 | -14.9% |
| Amounts receivable within one year | 40/41 | €6,284 | €6,561 | +€277 | +4.4% |
| Trade receivables | 40 | €4,447 | €4,825 | +€379 | +8.5% |
| Other amounts receivable | 41 | €1,837 | €1,736 | -€101 | -5.5% |
| Current investments | 50/53 | €152,940 | €122,410 | -€30,530 | -20.0% |
| Cash at bank and in hand | 54/58 | €7,540 | €12,539 | +€4,999 | +66.3% |
| Deferred charges and accrued income | 490/1 | €311 | €683 | +€373 | +120.1% |
| Total equity and liabilities | 10/49 | €181,738 | €157,906 | -€23,832 | -13.1% |
| Equity | 10/15 | €178,082 | €128,417 | -€49,665 | -27.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €158,717 | €109,695 | -€49,022 | -30.9% |
| Distributable reserves | 133 | €158,717 | €109,695 | -€49,022 | -30.9% |
| Profit (loss) carried forward | 14 | €815 | €172 | -€643 | -78.9% |
| Amounts payable | 17/49 | €3,656 | €29,489 | +€25,833 | +706.5% |
| Amounts payable within one year | 42/48 | €3,656 | €29,489 | +€25,833 | +706.5% |
| Trade debts | 44 | €108 | €228 | +€120 | +110.6% |
| Suppliers | 440/4 | €108 | €228 | +€120 | +110.6% |
| Taxes, remuneration and social security | 45 | - | €6,008 | +€6,008 | |
| Taxes | 450/3 | - | €6,008 | +€6,008 | |
| Other amounts payable | 47/48 | €3,548 | €23,254 | +€19,706 | +555.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,061 | €2,933 | -€129 | -4.2% |
| Other operating charges | 640/8 | €636 | €654 | +€19 | +2.9% |
| Gross operating margin | 9900 | €35,225 | €50,803 | +€15,578 | +44.2% |
| Operating profit (loss) | 9901 | €31,528 | €47,216 | +€15,688 | +49.8% |
| Financial income | 75/76B | €3,652 | €10,157 | +€6,506 | +178.2% |
| Recurring financial income | 75 | €3,652 | €10,157 | +€6,506 | +178.2% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €35,112 | €57,301 | +€22,189 | +63.2% |
| Income taxes | 67/77 | €8,562 | €12,944 | +€4,383 | +51.2% |
| Profit (loss) for the period | 9904 | €26,550 | €44,357 | +€17,806 | +67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,550 | €44,357 | +€17,806 | +67.1% |
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 12 October 2026 via checked.be.