Dr. Frans Johan: 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. Frans Johan
Largest movements
- Cash +€409,482
up €409,482 (+45.4%), from €902,417 to €1.3m
mainly Net result for the year (+€503,453) and Other debts (+€413,933)
- Other debts +€413,933
up €413,933 (+85.0%), from €487,190 to €901,124
- Gross operating margin -€24,751
down €24,751 (-3.6%), from €688,620 to €663,869
- Financial income +€10,630
up €10,630 (+418%), from €2,541 to €13,171
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 | €1,229,333 | €1,642,911 | +€413,578 | +33.6% |
| Fixed assets | 21/28 | €106,523 | €100,604 | -€5,920 | -5.6% |
| Intangible fixed assets | 21 | €1,322 | - | -€1,322 | |
| Tangible fixed assets | 22/27 | €105,201 | €100,604 | -€4,597 | -4.4% |
| Furniture and vehicles | 24 | €2,856 | €5,376 | +€2,520 | +88.3% |
| Other tangible fixed assets | 26 | €102,345 | €95,227 | -€7,118 | -7.0% |
| Current assets | 29/58 | €1,122,810 | €1,542,308 | +€419,498 | +37.4% |
| Current investments | 50/53 | €209,877 | €211,990 | +€2,113 | +1.0% |
| Cash at bank and in hand | 54/58 | €902,417 | €1,311,899 | +€409,482 | +45.4% |
| Deferred charges and accrued income | 490/1 | €10,516 | €18,419 | +€7,903 | +75.2% |
| Total equity and liabilities | 10/49 | €1,229,333 | €1,642,911 | +€413,578 | +33.6% |
| Equity | 10/15 | €733,319 | €723,858 | -€9,460 | -1.3% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | €712,914 | €703,453 | -€9,460 | -1.3% |
| Amounts payable | 17/49 | €496,015 | €919,053 | +€423,039 | +85.3% |
| Amounts payable within one year | 42/48 | €496,015 | €919,053 | +€423,039 | +85.3% |
| Trade debts | 44 | €2,173 | €3,209 | +€1,036 | +47.7% |
| Suppliers | 440/4 | €2,173 | €3,209 | +€1,036 | +47.7% |
| Taxes, remuneration and social security | 45 | €6,651 | €14,720 | +€8,069 | +121% |
| Taxes | 450/3 | €6,651 | €14,720 | +€8,069 | +121% |
| Other amounts payable | 47/48 | €487,190 | €901,124 | +€413,933 | +85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,732 | €10,007 | -€725 | -6.8% |
| Other operating charges | 640/8 | €995 | €814 | -€182 | -18.3% |
| Gross operating margin | 9900 | €688,620 | €663,869 | -€24,751 | -3.6% |
| Operating profit (loss) | 9901 | €676,892 | €653,048 | -€23,844 | -3.5% |
| Financial income | 75/76B | €2,541 | €13,171 | +€10,630 | +418% |
| Recurring financial income | 75 | €2,541 | €13,171 | +€10,630 | +418% |
| Financial charges | 65/66B | €107 | €95 | -€11 | -10.7% |
| Recurring financial charges | 65 | €107 | €95 | -€11 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €679,327 | €666,124 | -€13,203 | -1.9% |
| Income taxes | 67/77 | €166,413 | €162,671 | -€3,742 | -2.2% |
| Profit (loss) for the period | 9904 | €512,914 | €503,453 | -€9,460 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €512,914 | €503,453 | -€9,460 | -1.8% |
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 18 October 2026 via checked.be.