DR. E. VAN LERBERGHE: 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. E. VAN LERBERGHE
Largest movements
- Receivables within one year -€18,709
down €18,709 (-4.1%), from €454,816 to €436,107
- Cash +€9,777
up €9,777 (+30.3%), from €32,249 to €42,026
mainly Other debts (+€42,597) and Receivables within one year (+€18,709)
- Reserves -€48,008
down €48,008 (-18.5%), from €259,506 to €211,498
of which Distributable reserves: -€48,008
- Other debts +€42,597
new in 2025: €42,597
- Gross operating margin +€37,829
up €37,829 (+93.7%), from -€40,364 to -€2,535
- Purchases and services -€37,829
down €37,829 (-93.7%), from €40,364 to €2,535
- Financial income -€1,145
no longer reported in 2025 (was €1,145)
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 | €487,065 | €478,133 | -€8,932 | -1.8% |
| Current assets | 29/58 | €487,065 | €478,133 | -€8,932 | -1.8% |
| Amounts receivable within one year | 40/41 | €454,816 | €436,107 | -€18,709 | -4.1% |
| Other amounts receivable | 41 | €454,816 | €436,107 | -€18,709 | -4.1% |
| Cash at bank and in hand | 54/58 | €32,249 | €42,026 | +€9,777 | +30.3% |
| Total equity and liabilities | 10/49 | €487,065 | €478,133 | -€8,932 | -1.8% |
| Equity | 10/15 | €486,899 | €435,408 | -€51,491 | -10.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €259,506 | €211,498 | -€48,008 | -18.5% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,222 | €8,222 | = | 0.0% |
| Distributable reserves | 133 | €248,784 | €200,776 | -€48,008 | -19.3% |
| Profit (loss) carried forward | 14 | €202,393 | €198,910 | -€3,483 | -1.7% |
| Amounts payable | 17/49 | €166 | €42,725 | +€42,559 | +25618.0% |
| Amounts payable within one year | 42/48 | €166 | €42,725 | +€42,559 | +25618.0% |
| Trade debts | 44 | €166 | €128 | -€38 | -23.0% |
| Suppliers | 440/4 | €166 | €128 | -€38 | -23.0% |
| Other amounts payable | 47/48 | - | €42,597 | +€42,597 | |
| Goods, raw materials, services and sundry goods | 60/61 | €40,364 | €2,535 | -€37,829 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | - | -€358 | |
| Other operating charges | 640/8 | €513 | €748 | +€234 | +45.7% |
| Gross operating margin | 9900 | -€40,364 | -€2,535 | +€37,829 | +93.7% |
| Operating profit (loss) | 9901 | -€41,235 | -€3,282 | +€37,953 | +92.0% |
| Financial income | 75/76B | €1,145 | - | -€1,145 | |
| Recurring financial income | 75 | €1,145 | - | -€1,145 | |
| Financial charges | 65/66B | €222 | €201 | -€21 | -9.5% |
| Recurring financial charges | 65 | €222 | €201 | -€21 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€40,312 | -€3,483 | +€36,829 | +91.4% |
| Profit (loss) for the period | 9904 | -€40,312 | -€3,483 | +€36,829 | +91.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,312 | -€3,483 | +€36,829 | +91.4% |
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 10 October 2026 via checked.be.