Dr. Ella Ver Donck: what changed
What changed
Dr. Ella Ver Donck
NACE 72.101, Research and development on biotechnology
filed annual accounts (NBB)
Net result for the year
€243,492
2024 · €270,444-€26,952
Equity
€856,456
2024 · €853,381+€3,075
Cash
€97,298
2024 · €34,007+€63,292
Balance sheet total
€931,788
2024 · €926,146+€5,643
Largest movements
Assets
- Cash +€63,292
up €63,292 (+186%), from €34,007 to €97,298
mainly Net result for the year (+€243,492) and Receivables within one year (+€44,668)
- Receivables within one year -€44,668
down €44,668 (-19.9%), from €224,456 to €179,789
of which Other amounts receivable: -€45,840
- Receivables after one year -€12,750
down €12,750 (-2.2%), from €584,750 to €572,000
Equity and liabilities
- Short-term financial debts +€21,589
up €21,589 (+45,014%), from €48 to €21,637
- Reserves +€18,654
up €18,654 (+4.6%), from €403,747 to €422,401
- Tax, wage and social debts -€18,624
down €18,624 (-40.9%), from €45,489 to €26,865
- Profit (loss) carried forward -€15,579
down €15,579 (-3.6%), from €431,033 to €415,454
Income statement
- Gross operating margin -€37,802
down €37,802 (-10.4%), from €364,769 to €326,967
- Taxes -€9,963
down €9,963 (-10.2%), from €97,223 to €87,260
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.
Result 2024
€270,444
Gross operating margin
-€37,802
Depreciation
-€1,212
Other operating charges
-€14
Financial income
+€3,211
Financial charges
-€1,098
Taxes
+€9,963
Result 2025
€243,492
raises the resultlowers the result
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.
From operations
+€288,770
Investment
-€6,650
Financing
-€218,828
Cash 2024
€34,007
From operations (derived)
+€288,770
Net result for the year
+€243,492
Depreciation
+€7,907
Receivables after one year
+€12,750
Receivables within one year
+€44,668
Deferred charges and accrued income
-€1,027
Trade debts
-€397
Tax, wage and social debts
-€18,624
Investment (derived)
-€6,650
Investment in fixed assets (net)
-€6,650
Financing
-€218,828
Short-term financial debts
+€21,589
Contributions, distributions and other
-€240,417
Cash 2025
€97,298
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €926,146 | €931,788 | +€5,643 | +0.6% |
| Fixed assets | 21/28 | €40,583 | €39,325 | -€1,258 | -3.1% |
| Tangible fixed assets | 22/27 | €40,583 | €39,325 | -€1,258 | -3.1% |
| Plant, machinery and equipment | 23 | €3,120 | €6,541 | +€3,421 | +110% |
| Furniture and vehicles | 24 | €9,103 | €6,300 | -€2,802 | -30.8% |
| Other tangible fixed assets | 26 | €28,360 | €26,483 | -€1,877 | -6.6% |
| Current assets | 29/58 | €885,563 | €892,463 | +€6,901 | +0.8% |
| Amounts receivable after more than one year | 29 | €584,750 | €572,000 | -€12,750 | -2.2% |
| Other amounts receivable | 291 | €584,750 | €572,000 | -€12,750 | -2.2% |
| Amounts receivable within one year | 40/41 | €224,456 | €179,789 | -€44,668 | -19.9% |
| Trade receivables | 40 | €220 | €1,392 | +€1,172 | +533% |
| Other amounts receivable | 41 | €224,236 | €178,397 | -€45,840 | -20.4% |
| Current investments | 50/53 | €11,305 | €11,305 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34,007 | €97,298 | +€63,292 | +186% |
| Deferred charges and accrued income | 490/1 | €31,044 | €32,071 | +€1,027 | +3.3% |
| Total equity and liabilities | 10/49 | €926,146 | €931,788 | +€5,643 | +0.6% |
| Equity | 10/15 | €853,381 | €856,456 | +€3,075 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €403,747 | €422,401 | +€18,654 | +4.6% |
| Distributable reserves | 133 | €403,747 | €422,401 | +€18,654 | +4.6% |
| Profit (loss) carried forward | 14 | €431,033 | €415,454 | -€15,579 | -3.6% |
| Amounts payable | 17/49 | €72,765 | €75,333 | +€2,568 | +3.5% |
| Amounts payable within one year | 42/48 | €72,765 | €75,333 | +€2,568 | +3.5% |
| Financial debts | 43 | €48 | €21,637 | +€21,589 | +45,014% |
| Credit institutions | 430/8 | €48 | €21,637 | +€21,589 | +45,014% |
| Trade debts | 44 | €27,229 | €26,831 | -€397 | -1.5% |
| Suppliers | 440/4 | €27,229 | €26,831 | -€397 | -1.5% |
| Taxes, remuneration and social security | 45 | €45,489 | €26,865 | -€18,624 | -40.9% |
| Taxes | 450/3 | €45,489 | €26,865 | -€18,624 | -40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,695 | €7,907 | +€1,212 | +18.1% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €364,769 | €326,967 | -€37,802 | -10.4% |
| Operating profit (loss) | 9901 | €357,560 | €318,532 | -€39,028 | -10.9% |
| Financial income | 75/76B | €22,005 | €25,216 | +€3,211 | +14.6% |
| Recurring financial income | 75 | €22,005 | €25,216 | +€3,211 | +14.6% |
| Financial charges | 65/66B | €11,898 | €12,996 | +€1,098 | +9.2% |
| Recurring financial charges | 65 | €11,898 | €12,996 | +€1,098 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €367,668 | €330,752 | -€36,915 | -10.0% |
| Income taxes | 67/77 | €97,223 | €87,260 | -€9,963 | -10.2% |
| Profit (loss) for the period | 9904 | €270,444 | €243,492 | -€26,952 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €270,444 | €243,492 | -€26,952 | -10.0% |
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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 6 November 2026 via checked.be.