Dr. FG & Dr. JVG: 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. FG & Dr. JVG
Largest movements
- Cash +€270,109
up €270,109 (+118%), from €229,019 to €499,128
mainly Net result for the year (+€249,067) and Deferred charges and accrued income (+€15,737)
- Deferred charges and accrued income -€15,737
down €15,737 (-29.2%), from €53,884 to €38,147
- Tangible fixed assets -€10,615
down €10,615 (-26.0%), from €40,832 to €30,217
of which Furniture and vehicles: -€11,016
- Reserves +€249,067
up €249,067 (+80.4%), from €309,646 to €558,713
- Gross operating margin +€44,104
up €44,104 (+14.9%), from €295,547 to €339,650
- Taxes +€11,565
up €11,565 (+17.5%), from €65,957 to €77,522
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 | €331,735 | €578,070 | +€246,335 | +74.3% |
| Fixed assets | 21/28 | €40,832 | €30,217 | -€10,615 | -26.0% |
| Tangible fixed assets | 22/27 | €40,832 | €30,217 | -€10,615 | -26.0% |
| Plant, machinery and equipment | 23 | €2,092 | €2,493 | +€401 | +19.2% |
| Furniture and vehicles | 24 | €38,740 | €27,724 | -€11,016 | -28.4% |
| Current assets | 29/58 | €290,903 | €547,853 | +€256,950 | +88.3% |
| Amounts receivable within one year | 40/41 | €8,000 | €10,578 | +€2,578 | +32.2% |
| Other amounts receivable | 41 | €8,000 | €10,578 | +€2,578 | +32.2% |
| Cash at bank and in hand | 54/58 | €229,019 | €499,128 | +€270,109 | +118% |
| Deferred charges and accrued income | 490/1 | €53,884 | €38,147 | -€15,737 | -29.2% |
| Total equity and liabilities | 10/49 | €331,735 | €578,070 | +€246,335 | +74.3% |
| Equity | 10/15 | €311,646 | €560,713 | +€249,067 | +79.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €309,646 | €558,713 | +€249,067 | +80.4% |
| Distributable reserves | 133 | €309,646 | €558,713 | +€249,067 | +80.4% |
| Amounts payable | 17/49 | €20,089 | €17,357 | -€2,731 | -13.6% |
| Amounts payable within one year | 42/48 | €18,605 | €17,357 | -€1,248 | -6.7% |
| Trade debts | 44 | €543 | €3,027 | +€2,484 | +458% |
| Suppliers | 440/4 | €543 | €3,027 | +€2,484 | +458% |
| Taxes, remuneration and social security | 45 | €15,993 | €11,000 | -€4,993 | -31.2% |
| Taxes | 450/3 | €15,993 | €11,000 | -€4,993 | -31.2% |
| Other amounts payable | 47/48 | €2,069 | €3,330 | +€1,261 | +60.9% |
| Accrued charges and deferred income | 492/3 | €1,484 | - | -€1,484 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,693 | €11,860 | +€168 | +1.4% |
| Other operating charges | 640/8 | €556 | €1,133 | +€577 | +104% |
| Gross operating margin | 9900 | €295,547 | €339,650 | +€44,104 | +14.9% |
| Operating profit (loss) | 9901 | €283,298 | €326,657 | +€43,359 | +15.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,243 | €68 | -€2,174 | -97.0% |
| Recurring financial charges | 65 | €2,243 | €68 | -€2,174 | -97.0% |
| Profit (loss) for the period before taxes | 9903 | €281,056 | €326,589 | +€45,533 | +16.2% |
| Income taxes | 67/77 | €65,957 | €77,522 | +€11,565 | +17.5% |
| Profit (loss) for the period | 9904 | €215,098 | €249,067 | +€33,968 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €215,098 | €249,067 | +€33,968 | +15.8% |
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 30 October 2026 via checked.be.