Dr. Frank Vandeputte: what changed
Dr. Frank Vandeputte
Largest movements
- Cash +€70,241
up €70,241 (+45.4%), from €154,641 to €224,882
mainly Net result for the year (+€74,981) and Other debts (+€33,539)
- Current investments +€53,500
new in 2024: €53,500
- Tangible fixed assets -€15,008
down €15,008 (-14.6%), from €103,062 to €88,053
of which Land and buildings: -€8,200
- Receivables within one year -€9,804
down €9,804 (-23.9%), from €40,995 to €31,191
of which Other amounts receivable: -€16,970
- Reserves +€42,396
up €42,396 (+15.2%), from €278,136 to €320,532
- Other debts +€33,539
new in 2024: €33,539
- Tax, wage and social debts +€15,327
up €15,327 (+114%), from €13,396 to €28,723
- Trade debts +€4,825
up €4,825 (+75.9%), from €6,360 to €11,186
- Gross operating margin +€65,262
up €65,262 (+82.7%), from €78,899 to €144,161
- Taxes +€17,911
up €17,911 (+136%), from €13,163 to €31,074
- Staff costs +€2,746
up €2,746 (+14.6%), from €18,782 to €21,529
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €303,992 | €400,079 | +€96,087 | +31.6% |
| Fixed assets | 21/28 | €103,062 | €88,053 | -€15,008 | -14.6% |
| Tangible fixed assets | 22/27 | €103,062 | €88,053 | -€15,008 | -14.6% |
| Land and buildings | 22 | €74,493 | €66,293 | -€8,200 | -11.0% |
| Plant, machinery and equipment | 23 | €28,567 | €21,760 | -€6,807 | -23.8% |
| Furniture and vehicles | 24 | €2 | - | -€2 | |
| Current assets | 29/58 | €200,930 | €312,026 | +€111,096 | +55.3% |
| Amounts receivable within one year | 40/41 | €40,995 | €31,191 | -€9,804 | -23.9% |
| Trade receivables | 40 | - | €7,166 | +€7,166 | |
| Other amounts receivable | 41 | €40,995 | €24,025 | -€16,970 | -41.4% |
| Current investments | 50/53 | - | €53,500 | +€53,500 | |
| Cash at bank and in hand | 54/58 | €154,641 | €224,882 | +€70,241 | +45.4% |
| Deferred charges and accrued income | 490/1 | €5,295 | €2,453 | -€2,841 | -53.7% |
| Total equity and liabilities | 10/49 | €303,992 | €400,079 | +€96,087 | +31.6% |
| Equity | 10/15 | €284,236 | €326,632 | +€42,396 | +14.9% |
| Contributions | 10/11 | €6,100 | €6,100 | = | 0.0% |
| Reserves | 13 | €278,136 | €320,532 | +€42,396 | +15.2% |
| Distributable reserves | 133 | €278,136 | €320,532 | +€42,396 | +15.2% |
| Amounts payable | 17/49 | €19,756 | €73,448 | +€53,692 | +272% |
| Amounts payable within one year | 42/48 | €19,756 | €73,448 | +€53,692 | +272% |
| Trade debts | 44 | €6,360 | €11,186 | +€4,825 | +75.9% |
| Suppliers | 440/4 | €6,360 | €11,186 | +€4,825 | +75.9% |
| Taxes, remuneration and social security | 45 | €13,396 | €28,723 | +€15,327 | +114% |
| Taxes | 450/3 | €13,396 | €28,723 | +€15,327 | +114% |
| Other amounts payable | 47/48 | - | €33,539 | +€33,539 | |
| Remuneration, social security and pensions | 62 | €18,782 | €21,529 | +€2,746 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,151 | €15,008 | -€143 | -0.9% |
| Other operating charges | 640/8 | €1,543 | €1,074 | -€469 | -30.4% |
| Gross operating margin | 9900 | €78,899 | €144,161 | +€65,262 | +82.7% |
| Operating profit (loss) | 9901 | €43,423 | €106,550 | +€63,127 | +145% |
| Financial income | 75/76B | €1,012 | €575 | -€437 | -43.2% |
| Recurring financial income | 75 | €1,012 | €575 | -€437 | -43.2% |
| Financial charges | 65/66B | €1,183 | €1,071 | -€113 | -9.5% |
| Recurring financial charges | 65 | €1,183 | €1,071 | -€113 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €43,252 | €106,054 | +€62,803 | +145% |
| Income taxes | 67/77 | €13,163 | €31,074 | +€17,911 | +136% |
| Profit (loss) for the period | 9904 | €30,089 | €74,981 | +€44,892 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €30,089 | €74,981 | +€44,892 | +149% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.