Dr. Donald Lesage: 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. Donald Lesage
Largest movements
- Cash -€133,729
down €133,729 (-36.3%), from €368,611 to €234,881
mainly Tax, wage and social debts (-€148,567) and Deferred charges and accrued income (-€61,390)
- Deferred charges and accrued income +€61,390
up €61,390 (+104%), from €59,153 to €120,543
- Tangible fixed assets -€10,266
down €10,266 (-9.8%), from €104,682 to €94,416
of which Land and buildings: -€8,976
- Tax, wage and social debts -€148,567
down €148,567 (-78.9%), from €188,354 to €39,786
- Reserves +€101,278
up €101,278 (+55.6%), from €182,265 to €283,544
of which Distributable reserves: +€102,761
- Profit (loss) carried forward -€25,711
down €25,711 (-100%), from €25,711 to €0
- Other debts -€6,710
down €6,710 (-46.3%), from €14,506 to €7,796
- Taxes -€101,616
down €101,616 (-70.1%), from €144,990 to €43,374
- Gross operating margin +€8,668
up €8,668 (+7.0%), from €124,281 to €132,950
- Depreciation -€6,371
down €6,371 (-38.3%), from €16,637 to €10,266
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €532,446 | €449,841 | -€82,605 | -15.5% |
| Fixed assets | 21/28 | €104,682 | €94,416 | -€10,266 | -9.8% |
| Tangible fixed assets | 22/27 | €104,682 | €94,416 | -€10,266 | -9.8% |
| Land and buildings | 22 | €98,232 | €89,256 | -€8,976 | -9.1% |
| Plant, machinery and equipment | 23 | €6,450 | €5,160 | -€1,290 | -20.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €427,763 | €355,424 | -€72,339 | -16.9% |
| Cash at bank and in hand | 54/58 | €368,611 | €234,881 | -€133,729 | -36.3% |
| Deferred charges and accrued income | 490/1 | €59,153 | €120,543 | +€61,390 | +104% |
| Total equity and liabilities | 10/49 | €532,446 | €449,841 | -€82,605 | -15.5% |
| Equity | 10/15 | €319,577 | €395,144 | +€75,567 | +23.6% |
| Contributions | 10/11 | €111,600 | €111,600 | = | 0.0% |
| Reserves | 13 | €182,265 | €283,544 | +€101,278 | +55.6% |
| Non-distributable reserves | 130/1 | €1,482 | €0 | -€1,482 | -100% |
| Reserves not available under the articles | 1311 | €1,482 | €0 | -€1,482 | -100% |
| Distributable reserves | 133 | €180,783 | €283,544 | +€102,761 | +56.8% |
| Profit (loss) carried forward | 14 | €25,711 | €0 | -€25,711 | -100% |
| Amounts payable | 17/49 | €212,869 | €54,697 | -€158,172 | -74.3% |
| Amounts payable within one year | 42/48 | €212,625 | €54,697 | -€157,929 | -74.3% |
| Trade debts | 44 | €9,766 | €7,115 | -€2,651 | -27.1% |
| Suppliers | 440/4 | €9,766 | €7,115 | -€2,651 | -27.1% |
| Taxes, remuneration and social security | 45 | €188,354 | €39,786 | -€148,567 | -78.9% |
| Taxes | 450/3 | €188,354 | €39,786 | -€148,567 | -78.9% |
| Other amounts payable | 47/48 | €14,506 | €7,796 | -€6,710 | -46.3% |
| Accrued charges and deferred income | 492/3 | €244 | €0 | -€244 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,637 | €10,266 | -€6,371 | -38.3% |
| Other operating charges | 640/8 | €4,612 | €3,998 | -€614 | -13.3% |
| Non-recurring operating charges | 66A | €2,499 | €0 | -€2,499 | -100% |
| Gross operating margin | 9900 | €124,281 | €132,950 | +€8,668 | +7.0% |
| Operating profit (loss) | 9901 | €100,532 | €118,685 | +€18,153 | +18.1% |
| Financial income | 75/76B | €1 | €675 | +€674 | +54,370% |
| Recurring financial income | 75 | €1 | €675 | +€674 | +54,370% |
| Financial charges | 65/66B | €227 | €420 | +€193 | +85.1% |
| Recurring financial charges | 65 | €227 | €420 | +€193 | +85.1% |
| Profit (loss) for the period before taxes | 9903 | €100,307 | €118,941 | +€18,634 | +18.6% |
| Income taxes | 67/77 | €144,990 | €43,374 | -€101,616 | -70.1% |
| Profit (loss) for the period | 9904 | -€44,683 | €75,567 | +€120,250 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,683 | €75,567 | +€120,250 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.