DR DONATIENNE DEMULIER: 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 DONATIENNE DEMULIER
Largest movements
- Cash +€62,919
up €62,919 (+290%), from €21,703 to €84,623
mainly Net result for the year (+€57,142) and Tax, wage and social debts (+€8,448)
- Receivables within one year +€1,165
up €1,165 (+41.5%), from €2,808 to €3,974
- Profit (loss) carried forward +€57,142
up €57,142 (+1,394%), from €4,099 to €61,241
- Tax, wage and social debts +€8,448
up €8,448 (+300%), from €2,817 to €11,264
- Trade debts -€1,697
down €1,697 (-46.3%), from €3,663 to €1,966
- Gross operating margin +€65,995
up €65,995 (+985%), from €6,703 to €72,699
- Taxes +€13,148
up €13,148 (+593%), from €2,217 to €15,364
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 | €25,633 | €89,551 | +€63,918 | +249% |
| Current assets | 29/58 | €25,633 | €89,551 | +€63,918 | +249% |
| Amounts receivable within one year | 40/41 | €2,808 | €3,974 | +€1,165 | +41.5% |
| Trade receivables | 40 | €2,808 | €3,974 | +€1,165 | +41.5% |
| Cash at bank and in hand | 54/58 | €21,703 | €84,623 | +€62,919 | +290% |
| Deferred charges and accrued income | 490/1 | €1,121 | €955 | -€166 | -14.8% |
| Total equity and liabilities | 10/49 | €25,633 | €89,551 | +€63,918 | +249% |
| Equity | 10/15 | €4,199 | €61,341 | +€57,142 | +1,361% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,099 | €61,241 | +€57,142 | +1,394% |
| Amounts payable | 17/49 | €21,434 | €28,210 | +€6,776 | +31.6% |
| Amounts payable within one year | 42/48 | €21,434 | €28,210 | +€6,776 | +31.6% |
| Trade debts | 44 | €3,663 | €1,966 | -€1,697 | -46.3% |
| Suppliers | 440/4 | €3,663 | €1,966 | -€1,697 | -46.3% |
| Taxes, remuneration and social security | 45 | €2,817 | €11,264 | +€8,448 | +300% |
| Taxes | 450/3 | €2,817 | €11,264 | +€8,448 | +300% |
| Other amounts payable | 47/48 | €14,954 | €14,980 | +€26 | +0.2% |
| Other operating charges | 640/8 | €131 | - | -€131 | |
| Gross operating margin | 9900 | €6,703 | €72,699 | +€65,995 | +985% |
| Operating profit (loss) | 9901 | €6,572 | €72,699 | +€66,127 | +1,006% |
| Financial charges | 65/66B | €256 | €193 | -€63 | -24.8% |
| Recurring financial charges | 65 | €256 | €193 | -€63 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €6,316 | €72,506 | +€66,190 | +1,048% |
| Income taxes | 67/77 | €2,217 | €15,364 | +€13,148 | +593% |
| Profit (loss) for the period | 9904 | €4,099 | €57,142 | +€53,042 | +1,294% |
| Profit (loss) for the period to be appropriated | 9905 | €4,099 | €57,142 | +€53,042 | +1,294% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.