Dr. Egbert van Wijk: what changed
Two fiscal 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. Egbert van Wijk
Largest movements
- Cash +€462,380
up €462,380 (+4619.7%), from €10,009 to €472,389
mainly Receivables within one year (+€445,139) and Net result for the year (+€75,848)
- Receivables within one year -€445,139
down €445,139 (-91.9%), from €484,413 to €39,274
of which Other amounts receivable: -€445,533
- Tangible fixed assets +€25,612
up €25,612 (+236.2%), from €10,845 to €36,456
of which Furniture and vehicles: +€30,957
- Financial fixed assets +€9,000
up €9,000 (+225.0%), from €4,000 to €13,000
- Reserves +€36,226
up €36,226 (+8.4%), from €431,764 to €467,991
of which Distributable reserves: +€36,226
- Tax, wage and social debts +€14,384
up €14,384 (+53.1%), from €27,085 to €41,468
of which Taxes: +€14,274
- Other debts +€7,220
up €7,220 (+18.1%), from €39,911 to €47,131
- Trade debts -€6,131
down €6,131 (-59.3%), from €10,343 to €4,212
- Gross operating margin -€22,484
down €22,484 (-12.3%), from €182,262 to €159,778
- Depreciation -€11,614
down €11,614 (-53.7%), from €21,620 to €10,006
- Staff costs +€5,991
up €5,991 (+13.6%), from €44,002 to €49,993
- Taxes -€3,319
down €3,319 (-8.9%), from €37,340 to €34,021
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 | €527,675 | €579,374 | +€51,699 | +9.8% |
| Fixed assets | 21/28 | €14,845 | €49,456 | +€34,612 | +233.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €10,845 | €36,456 | +€25,612 | +236.2% |
| Plant, machinery and equipment | 23 | €10,845 | €5,500 | -€5,345 | -49.3% |
| Furniture and vehicles | 24 | €0 | €30,957 | +€30,957 | |
| Financial fixed assets | 28 | €4,000 | €13,000 | +€9,000 | +225.0% |
| Current assets | 29/58 | €512,830 | €529,918 | +€17,088 | +3.3% |
| Amounts receivable within one year | 40/41 | €484,413 | €39,274 | -€445,139 | -91.9% |
| Trade receivables | 40 | - | €393 | +€393 | |
| Other amounts receivable | 41 | €484,413 | €38,880 | -€445,533 | -92.0% |
| Cash at bank and in hand | 54/58 | €10,009 | €472,389 | +€462,380 | +4619.7% |
| Deferred charges and accrued income | 490/1 | €18,408 | €18,255 | -€153 | -0.8% |
| Total equity and liabilities | 10/49 | €527,675 | €579,374 | +€51,699 | +9.8% |
| Equity | 10/15 | €450,336 | €486,562 | +€36,226 | +8.0% |
| Reserves | 13 | €431,764 | €467,991 | +€36,226 | +8.4% |
| Tax-exempt reserves | 132 | €8,463 | €8,463 | = | 0.0% |
| Distributable reserves | 133 | €423,301 | €459,527 | +€36,226 | +8.6% |
| Profit (loss) carried forward | 14 | €18,572 | €18,572 | +€0 | 0.0% |
| Amounts payable | 17/49 | €77,338 | €92,812 | +€15,473 | +20.0% |
| Amounts payable within one year | 42/48 | €77,338 | €92,812 | +€15,473 | +20.0% |
| Trade debts | 44 | €10,343 | €4,212 | -€6,131 | -59.3% |
| Suppliers | 440/4 | €10,343 | €4,212 | -€6,131 | -59.3% |
| Taxes, remuneration and social security | 45 | €27,085 | €41,468 | +€14,384 | +53.1% |
| Taxes | 450/3 | €22,165 | €36,439 | +€14,274 | +64.4% |
| Remuneration and social security | 454/9 | €4,920 | €5,029 | +€109 | +2.2% |
| Other amounts payable | 47/48 | €39,911 | €47,131 | +€7,220 | +18.1% |
| Remuneration, social security and pensions | 62 | €44,002 | €49,993 | +€5,991 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,620 | €10,006 | -€11,614 | -53.7% |
| Other operating charges | 640/8 | €1,084 | €1,059 | -€25 | -2.3% |
| Gross operating margin | 9900 | €182,262 | €159,778 | -€22,484 | -12.3% |
| Operating profit (loss) | 9901 | €115,556 | €98,720 | -€16,836 | -14.6% |
| Financial income | 75/76B | €11,451 | €13,178 | +€1,727 | +15.1% |
| Recurring financial income | 75 | €11,451 | €13,178 | +€1,727 | +15.1% |
| Financial charges | 65/66B | €2,374 | €2,029 | -€345 | -14.5% |
| Recurring financial charges | 65 | €2,374 | €2,029 | -€345 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €124,633 | €109,869 | -€14,764 | -11.8% |
| Income taxes | 67/77 | €37,340 | €34,021 | -€3,319 | -8.9% |
| Profit (loss) for the period | 9904 | €87,293 | €75,848 | -€11,445 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,293 | €75,848 | -€11,445 | -13.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.