Dr. Filip Roefflaer: what changed
Dr. Filip Roefflaer
Largest movements
- Current investments +€700,353
up €700,353 (+69.3%), from €1.0m to €1.7m
- Cash -€183,204
down €183,204 (-34.8%), from €526,919 to €343,716
mainly Current investments (-€700,353) and Contributions, distributions and other (-€223,445)
- Deferred charges and accrued income -€146,585
down €146,585 (-57.8%), from €253,756 to €107,171
- Reserves +€309,752
up €309,752 (+20.2%), from €1.5m to €1.8m
of which Distributable reserves: +€309,752
- Other debts +€34,199
up €34,199 (+19.2%), from €178,074 to €212,273
- Tax, wage and social debts +€26,905
up €26,905 (+41.1%), from €65,501 to €92,406
of which Taxes: +€26,905
- Financial income +€106,492
up €106,492 (+558%), from €19,076 to €125,567
- Gross operating margin +€40,201
up €40,201 (+6.5%), from €620,604 to €660,805
- Financial charges +€32,058
up €32,058 (+16,225%), from €198 to €32,255
- Taxes +€15,240
up €15,240 (+7.5%), from €202,601 to €217,840
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 | €1,791,806 | €2,165,695 | +€373,889 | +20.9% |
| Fixed assets | 21/28 | €1,026 | €2,151 | +€1,125 | +110% |
| Tangible fixed assets | 22/27 | €1,026 | €2,151 | +€1,125 | +110% |
| Furniture and vehicles | 24 | €1,026 | €2,151 | +€1,125 | +110% |
| Current assets | 29/58 | €1,790,779 | €2,163,544 | +€372,765 | +20.8% |
| Amounts receivable within one year | 40/41 | €0 | €2,200 | +€2,200 | |
| Other amounts receivable | 41 | €0 | €2,200 | +€2,200 | |
| Current investments | 50/53 | €1,010,105 | €1,710,458 | +€700,353 | +69.3% |
| Cash at bank and in hand | 54/58 | €526,919 | €343,716 | -€183,204 | -34.8% |
| Deferred charges and accrued income | 490/1 | €253,756 | €107,171 | -€146,585 | -57.8% |
| Total equity and liabilities | 10/49 | €1,791,806 | €2,165,695 | +€373,889 | +20.9% |
| Equity | 10/15 | €1,547,007 | €1,856,759 | +€309,752 | +20.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,534,607 | €1,844,359 | +€309,752 | +20.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,534,607 | €1,844,359 | +€309,752 | +20.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €244,799 | €308,936 | +€64,137 | +26.2% |
| Amounts payable within one year | 42/48 | €244,799 | €306,225 | +€61,426 | +25.1% |
| Trade debts | 44 | €1,224 | €1,546 | +€322 | +26.3% |
| Suppliers | 440/4 | €1,224 | €1,546 | +€322 | +26.3% |
| Taxes, remuneration and social security | 45 | €65,501 | €92,406 | +€26,905 | +41.1% |
| Taxes | 450/3 | €62,501 | €89,406 | +€26,905 | +43.0% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €178,074 | €212,273 | +€34,199 | +19.2% |
| Accrued charges and deferred income | 492/3 | €0 | €2,711 | +€2,711 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €991 | €1,473 | +€482 | +48.7% |
| Other operating charges | 640/8 | €3,073 | €1,606 | -€1,467 | -47.7% |
| Gross operating margin | 9900 | €620,604 | €660,805 | +€40,201 | +6.5% |
| Operating profit (loss) | 9901 | €616,540 | €657,726 | +€41,186 | +6.7% |
| Financial income | 75/76B | €19,076 | €125,567 | +€106,492 | +558% |
| Recurring financial income | 75 | €19,076 | €125,567 | +€106,492 | +558% |
| Financial charges | 65/66B | €198 | €32,255 | +€32,058 | +16,225% |
| Recurring financial charges | 65 | €198 | €32,255 | +€32,058 | +16,225% |
| Profit (loss) for the period before taxes | 9903 | €635,418 | €751,038 | +€115,620 | +18.2% |
| Income taxes | 67/77 | €202,601 | €217,840 | +€15,240 | +7.5% |
| Profit (loss) for the period | 9904 | €432,817 | €533,198 | +€100,381 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €432,817 | €533,198 | +€100,381 | +23.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.