Dr. Elise De Sadeleer: what changed
Dr. Elise De Sadeleer
Largest movements
- Cash +€130,138
up €130,138 (+51.4%), from €253,206 to €383,344
mainly Net result for the year (+€137,238) and Trade debts (+€6,079)
- Profit (loss) carried forward +€137,238
up €137,238 (+68.5%), from €200,395 to €337,633
- Tax, wage and social debts -€12,396
down €12,396 (-23.5%), from €52,819 to €40,423
- Trade debts +€6,079
up €6,079 (+282%), from €2,153 to €8,232
- Gross operating margin -€48,184
down €48,184 (-21.5%), from €224,080 to €175,896
- Taxes -€12,010
down €12,010 (-23.1%), from €51,895 to €39,885
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €259,754 | €390,448 | +€130,694 | +50.3% |
| Current assets | 29/58 | €259,754 | €390,448 | +€130,694 | +50.3% |
| Current investments | 50/53 | €5,800 | €7,000 | +€1,200 | +20.7% |
| Cash at bank and in hand | 54/58 | €253,206 | €383,344 | +€130,138 | +51.4% |
| Deferred charges and accrued income | 490/1 | €748 | €104 | -€644 | -86.1% |
| Total equity and liabilities | 10/49 | €259,754 | €390,448 | +€130,694 | +50.3% |
| Equity | 10/15 | €202,895 | €340,133 | +€137,238 | +67.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €200,395 | €337,633 | +€137,238 | +68.5% |
| Amounts payable | 17/49 | €56,859 | €50,315 | -€6,544 | -11.5% |
| Amounts payable within one year | 42/48 | €56,859 | €50,315 | -€6,544 | -11.5% |
| Trade debts | 44 | €2,153 | €8,232 | +€6,079 | +282% |
| Suppliers | 440/4 | €2,153 | €8,232 | +€6,079 | +282% |
| Taxes, remuneration and social security | 45 | €52,819 | €40,423 | -€12,396 | -23.5% |
| Taxes | 450/3 | €52,819 | €40,423 | -€12,396 | -23.5% |
| Other amounts payable | 47/48 | €1,887 | €1,660 | -€226 | -12.0% |
| Other operating charges | 640/8 | €635 | €354 | -€281 | -44.3% |
| Gross operating margin | 9900 | €224,080 | €175,896 | -€48,184 | -21.5% |
| Operating profit (loss) | 9901 | €223,445 | €175,542 | -€47,902 | -21.4% |
| Financial income | 75/76B | €485 | €1,772 | +€1,286 | +265% |
| Recurring financial income | 75 | €485 | €1,772 | +€1,286 | +265% |
| Financial charges | 65/66B | €114 | €192 | +€78 | +68.4% |
| Recurring financial charges | 65 | €114 | €192 | +€78 | +68.4% |
| Profit (loss) for the period before taxes | 9903 | €223,816 | €177,122 | -€46,694 | -20.9% |
| Income taxes | 67/77 | €51,895 | €39,885 | -€12,010 | -23.1% |
| Profit (loss) for the period | 9904 | €171,922 | €137,238 | -€34,684 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €171,922 | €137,238 | -€34,684 | -20.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.