DR GUY VAN DEN ABEELE: 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.
What changed
DR GUY VAN DEN ABEELE
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€18,132
2024 · -€13,042+€31,174
Equity
€560,001
2024 · €541,869+€18,132
Cash
€43,575
2024 · €3,203+€40,372
Balance sheet total
€642,824
2024 · €676,082-€33,258
Largest movements
Assets
- Current investments -€74,321
down €74,321 (-14.4%), from €516,135 to €441,814
- Cash +€40,372
up €40,372 (+1,260%), from €3,203 to €43,575
mainly Current investments (+€74,321) and Net result for the year (+€18,132)
Equity and liabilities
- Provisions -€50,000
down €50,000 (-100%), from €50,000 to €0
- Profit (loss) carried forward +€18,132
up €18,132, from €0 to €18,132
Income statement
- Gross operating margin +€60,847
up €60,847, from -€30,610 to €30,237
- Financial income -€6,456
down €6,456 (-31.8%), from €20,292 to €13,836
- Financial charges +€3,987
up €3,987 (+1,519%), from €262 to €4,250
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.
Result 2024
-€13,042
Gross operating margin
+€60,847
Depreciation
+€0
Other operating charges
+€155
Other operating items
-€19,380
Financial income
-€6,456
Financial charges
-€3,987
Taxes
-€5
Result 2025
€18,132
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€33,949
Investment
+€74,321
Financing
€0
Cash 2024
€3,203
From operations (derived)
-€33,949
Net result for the year
+€18,132
Depreciation
+€1,029
Receivables after one year
-€4,900
Receivables within one year
+€2,388
Deferred charges and accrued income
+€793
Provisions
-€50,000
Trade debts
-€5,212
Tax, wage and social debts
+€2,681
Other debts
-€2,898
Accrued charges and deferred income
+€4,040
Investment (derived)
+€74,321
Current investments
+€74,321
Cash 2025
€43,575
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €676,082 | €642,824 | -€33,258 | -4.9% |
| Fixed assets | 21/28 | €5,588 | €4,560 | -€1,029 | -18.4% |
| Tangible fixed assets | 22/27 | €5,588 | €4,560 | -€1,029 | -18.4% |
| Furniture and vehicles | 24 | €5,588 | €4,560 | -€1,029 | -18.4% |
| Current assets | 29/58 | €670,494 | €638,265 | -€32,229 | -4.8% |
| Amounts receivable after more than one year | 29 | €144,900 | €149,800 | +€4,900 | +3.4% |
| Trade receivables | 290 | €144,900 | €0 | -€144,900 | -100% |
| Other amounts receivable | 291 | - | €149,800 | +€149,800 | |
| Amounts receivable within one year | 40/41 | €5,462 | €3,075 | -€2,388 | -43.7% |
| Other amounts receivable | 41 | €5,462 | €3,075 | -€2,388 | -43.7% |
| Current investments | 50/53 | €516,135 | €441,814 | -€74,321 | -14.4% |
| Cash at bank and in hand | 54/58 | €3,203 | €43,575 | +€40,372 | +1,260% |
| Deferred charges and accrued income | 490/1 | €793 | €0 | -€793 | -100% |
| Total equity and liabilities | 10/49 | €676,082 | €642,824 | -€33,258 | -4.9% |
| Equity | 10/15 | €541,869 | €560,001 | +€18,132 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €523,269 | €523,269 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €523,269 | €523,269 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €18,132 | +€18,132 | |
| Provisions and deferred taxes | 16 | €50,000 | €0 | -€50,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €0 | -€50,000 | -100% |
| Other liabilities and charges | 164/5 | €50,000 | €0 | -€50,000 | -100% |
| Amounts payable | 17/49 | €84,214 | €82,824 | -€1,390 | -1.7% |
| Amounts payable within one year | 42/48 | €84,214 | €78,784 | -€5,430 | -6.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,487 | €3,275 | -€5,212 | -61.4% |
| Suppliers | 440/4 | €8,487 | €3,275 | -€5,212 | -61.4% |
| Taxes, remuneration and social security | 45 | €4,618 | €7,298 | +€2,681 | +58.1% |
| Taxes | 450/3 | €4,618 | €7,298 | +€2,681 | +58.1% |
| Other amounts payable | 47/48 | €71,109 | €68,211 | -€2,898 | -4.1% |
| Accrued charges and deferred income | 492/3 | €0 | €4,040 | +€4,040 | |
| Non-recurring operating income | 76A | - | €50,000 | +€50,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,029 | €1,029 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,276 | €1,121 | -€155 | -12.2% |
| Non-recurring operating charges | 66A | - | €19,380 | +€19,380 | |
| Gross operating margin | 9900 | -€30,610 | €30,237 | +€60,847 | |
| Operating profit (loss) | 9901 | -€32,914 | €8,708 | +€41,622 | |
| Financial income | 75/76B | €20,292 | €13,836 | -€6,456 | -31.8% |
| Recurring financial income | 75 | €20,292 | €13,836 | -€6,456 | -31.8% |
| Financial charges | 65/66B | €262 | €4,250 | +€3,987 | +1,519% |
| Recurring financial charges | 65 | €262 | €4,250 | +€3,987 | +1,519% |
| Profit (loss) for the period before taxes | 9903 | -€12,884 | €18,294 | +€31,179 | |
| Income taxes | 67/77 | €157 | €162 | +€5 | +3.2% |
| Profit (loss) for the period | 9904 | -€13,042 | €18,132 | +€31,174 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,042 | €18,132 | +€31,174 |
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 16 October 2026 via checked.be.