Dr. Hans Dedecker: 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. Hans Dedecker
Largest movements
- Cash -€135,557
down €135,557 (-56.4%), from €240,494 to €104,937
mainly Contributions, distributions and other (-€441,824) and Tax, wage and social debts (-€6,281)
- Deferred charges and accrued income +€5,707
up €5,707 (+6.9%), from €82,977 to €88,685
- Tangible fixed assets +€4,714
new in 2025: €4,714
- Profit (loss) carried forward -€250,666
down €250,666 (-85.1%), from €294,439 to €43,773
- Other debts +€131,848
up €131,848 (+1,164%), from €11,329 to €143,177
- Tax, wage and social debts -€6,281
down €6,281 (-42.5%), from €14,762 to €8,481
- Gross operating margin +€44,966
up €44,966 (+21.4%), from €210,267 to €255,233
- Taxes +€10,408
up €10,408 (+21.8%), from €47,823 to €58,231
- Financial charges +€2,861
up €2,861 (+275%), from €1,039 to €3,900
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 | €323,571 | €198,436 | -€125,135 | -38.7% |
| Fixed assets | 21/28 | €100 | €4,814 | +€4,714 | +4,714% |
| Tangible fixed assets | 22/27 | - | €4,714 | +€4,714 | |
| Furniture and vehicles | 24 | - | €4,714 | +€4,714 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €323,471 | €193,622 | -€129,849 | -40.1% |
| Cash at bank and in hand | 54/58 | €240,494 | €104,937 | -€135,557 | -56.4% |
| Deferred charges and accrued income | 490/1 | €82,977 | €88,685 | +€5,707 | +6.9% |
| Total equity and liabilities | 10/49 | €323,571 | €198,436 | -€125,135 | -38.7% |
| Equity | 10/15 | €296,439 | €45,773 | -€250,666 | -84.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €294,439 | €43,773 | -€250,666 | -85.1% |
| Amounts payable | 17/49 | €27,132 | €152,663 | +€125,531 | +463% |
| Amounts payable within one year | 42/48 | €27,132 | €152,663 | +€125,531 | +463% |
| Trade debts | 44 | €1,041 | €1,005 | -€36 | -3.5% |
| Suppliers | 440/4 | €1,041 | €1,005 | -€36 | -3.5% |
| Taxes, remuneration and social security | 45 | €14,762 | €8,481 | -€6,281 | -42.5% |
| Taxes | 450/3 | €14,762 | €8,481 | -€6,281 | -42.5% |
| Other amounts payable | 47/48 | €11,329 | €143,177 | +€131,848 | +1,164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €965 | +€965 | |
| Other operating charges | 640/8 | €220 | €979 | +€759 | +345% |
| Gross operating margin | 9900 | €210,267 | €255,233 | +€44,966 | +21.4% |
| Operating profit (loss) | 9901 | €210,046 | €253,289 | +€43,242 | +20.6% |
| Financial charges | 65/66B | €1,039 | €3,900 | +€2,861 | +275% |
| Recurring financial charges | 65 | €1,039 | €3,900 | +€2,861 | +275% |
| Profit (loss) for the period before taxes | 9903 | €209,007 | €249,389 | +€40,382 | +19.3% |
| Income taxes | 67/77 | €47,823 | €58,231 | +€10,408 | +21.8% |
| Profit (loss) for the period | 9904 | €161,184 | €191,158 | +€29,974 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €161,184 | €191,158 | +€29,974 | +18.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.