DR. EVERAERT LEEN: 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. EVERAERT LEEN
Largest movements
- Cash +€173,777
up €173,777 (+125%), from €138,537 to €312,313
mainly Net result for the year (+€237,206) and Receivables within one year (+€108,848)
- Receivables within one year -€108,848
down €108,848 (-95.1%), from €114,506 to €5,658
- Deferred charges and accrued income +€58,624
up €58,624 (+1,229%), from €4,768 to €63,392
- Current investments +€52,408
up €52,408 (+3.7%), from €1.4m to €1.5m
- Reserves +€155,834
up €155,834 (+9.4%), from €1.7m to €1.8m
of which Distributable reserves: +€157,694
- Financial income -€43,818
down €43,818 (-55.1%), from €79,562 to €35,744
- Gross operating margin -€26,927
down €26,927 (-6.9%), from €391,314 to €364,388
- Taxes -€15,066
down €15,066 (-12.4%), from €121,300 to €106,234
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 | €1,729,518 | €1,894,732 | +€165,214 | +9.6% |
| Fixed assets | 21/28 | €43,347 | €32,601 | -€10,746 | -24.8% |
| Tangible fixed assets | 22/27 | €42,347 | €31,601 | -€10,746 | -25.4% |
| Land and buildings | 22 | €17,188 | €13,100 | -€4,088 | -23.8% |
| Plant, machinery and equipment | 23 | €7,564 | €5,347 | -€2,217 | -29.3% |
| Furniture and vehicles | 24 | €17,595 | €13,153 | -€4,442 | -25.2% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €1,686,171 | €1,862,131 | +€175,960 | +10.4% |
| Amounts receivable within one year | 40/41 | €114,506 | €5,658 | -€108,848 | -95.1% |
| Other amounts receivable | 41 | €114,506 | €5,658 | -€108,848 | -95.1% |
| Current investments | 50/53 | €1,428,360 | €1,480,768 | +€52,408 | +3.7% |
| Cash at bank and in hand | 54/58 | €138,537 | €312,313 | +€173,777 | +125% |
| Deferred charges and accrued income | 490/1 | €4,768 | €63,392 | +€58,624 | +1,229% |
| Total equity and liabilities | 10/49 | €1,729,518 | €1,894,732 | +€165,214 | +9.6% |
| Equity | 10/15 | €1,671,966 | €1,827,800 | +€155,834 | +9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,653,366 | €1,809,200 | +€155,834 | +9.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €1,651,506 | €1,809,200 | +€157,694 | +9.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €57,552 | €66,932 | +€9,380 | +16.3% |
| Amounts payable within one year | 42/48 | €57,552 | €65,617 | +€8,065 | +14.0% |
| Trade debts | 44 | €9,052 | €5,196 | -€3,856 | -42.6% |
| Suppliers | 440/4 | €9,052 | €5,196 | -€3,856 | -42.6% |
| Taxes, remuneration and social security | 45 | €48,499 | €60,421 | +€11,921 | +24.6% |
| Taxes | 450/3 | €36,573 | €49,319 | +€12,746 | +34.8% |
| Remuneration and social security | 454/9 | €11,926 | €11,102 | -€824 | -6.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €1,315 | +€1,315 | |
| Non-recurring operating income | 76A | €278 | €0 | -€278 | -100% |
| Remuneration, social security and pensions | 62 | €42,845 | €42,079 | -€766 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,469 | €12,080 | +€2,611 | +27.6% |
| Other operating charges | 640/8 | €281 | €288 | +€7 | +2.6% |
| Gross operating margin | 9900 | €391,314 | €364,388 | -€26,927 | -6.9% |
| Operating profit (loss) | 9901 | €338,720 | €309,941 | -€28,779 | -8.5% |
| Financial income | 75/76B | €79,562 | €35,744 | -€43,818 | -55.1% |
| Recurring financial income | 75 | €79,562 | €35,744 | -€43,818 | -55.1% |
| Financial charges | 65/66B | €1,919 | €2,245 | +€326 | +17.0% |
| Recurring financial charges | 65 | €1,919 | €2,245 | +€326 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €416,362 | €343,440 | -€72,923 | -17.5% |
| Income taxes | 67/77 | €121,300 | €106,234 | -€15,066 | -12.4% |
| Profit (loss) for the period | 9904 | €295,063 | €237,206 | -€57,857 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €295,063 | €237,206 | -€57,857 | -19.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.