Dr. Edwin Van der Ouderaa: 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. Edwin Van der Ouderaa
Largest movements
- Cash -€12,112
down €12,112 (-37.4%), from €32,409 to €20,297
mainly Net result for the year (-€11,317) and Current investments (-€10,000)
- Current investments +€10,000
up €10,000 (+11.1%), from €90,000 to €100,000
- Deferred charges and accrued income +€6,835
new in 2025: €6,835
- Receivables within one year -€1,434
down €1,434 (-78.4%), from €1,828 to €395
of which Other amounts receivable: -€860
- Trade debts +€16,654
up €16,654 (+1,524%), from €1,093 to €17,747
- Profit (loss) carried forward -€11,317
down €11,317, from €411 to -€10,906
- Other debts -€1,799
down €1,799 (-8.0%), from €22,484 to €20,686
- Gross operating margin -€14,815
down €14,815, from €2,780 to -€12,035
- Financial income +€495
up €495 (+43.2%), from €1,147 to €1,643
- Financial charges +€450
up €450 (+283%), from €159 to €609
- Other operating charges +€254
up €254 (+409%), from €62 to €316
- Taxes -€249
down €249 (-100%), from €249 to €0
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 | €124,237 | €127,527 | +€3,289 | +2.6% |
| Current assets | 29/58 | €124,237 | €127,527 | +€3,289 | +2.6% |
| Amounts receivable within one year | 40/41 | €1,828 | €395 | -€1,434 | -78.4% |
| Trade receivables | 40 | €573 | €0 | -€573 | -100% |
| Other amounts receivable | 41 | €1,255 | €395 | -€860 | -68.5% |
| Current investments | 50/53 | €90,000 | €100,000 | +€10,000 | +11.1% |
| Cash at bank and in hand | 54/58 | €32,409 | €20,297 | -€12,112 | -37.4% |
| Deferred charges and accrued income | 490/1 | - | €6,835 | +€6,835 | |
| Total equity and liabilities | 10/49 | €124,237 | €127,527 | +€3,289 | +2.6% |
| Equity | 10/15 | €100,411 | €89,094 | -€11,317 | -11.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €411 | -€10,906 | -€11,317 | |
| Amounts payable | 17/49 | €23,826 | €38,433 | +€14,607 | +61.3% |
| Amounts payable within one year | 42/48 | €23,826 | €38,433 | +€14,607 | +61.3% |
| Trade debts | 44 | €1,093 | €17,747 | +€16,654 | +1,524% |
| Suppliers | 440/4 | €1,093 | €17,747 | +€16,654 | +1,524% |
| Taxes, remuneration and social security | 45 | €249 | €0 | -€249 | -100% |
| Taxes | 450/3 | €249 | €0 | -€249 | -100% |
| Other amounts payable | 47/48 | €22,484 | €20,686 | -€1,799 | -8.0% |
| Other operating charges | 640/8 | €62 | €316 | +€254 | +409% |
| Gross operating margin | 9900 | €2,780 | -€12,035 | -€14,815 | |
| Operating profit (loss) | 9901 | €2,718 | -€12,350 | -€15,068 | |
| Financial income | 75/76B | €1,147 | €1,643 | +€495 | +43.2% |
| Recurring financial income | 75 | €1,147 | €1,643 | +€495 | +43.2% |
| Financial charges | 65/66B | €159 | €609 | +€450 | +283% |
| Recurring financial charges | 65 | €159 | €609 | +€450 | +283% |
| Profit (loss) for the period before taxes | 9903 | €3,706 | -€11,317 | -€15,023 | |
| Income taxes | 67/77 | €249 | €0 | -€249 | -100% |
| Profit (loss) for the period | 9904 | €3,457 | -€11,317 | -€14,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,457 | -€11,317 | -€14,774 |
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 17 October 2026 via checked.be.