DR. IGNOUL CELINE: 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. IGNOUL CELINE
Largest movements
- Cash +€14,906
up €14,906 (+13.6%), from €109,672 to €124,578
mainly Other debts (+€85,234) and Net result for the year (+€36,355)
- Deferred charges and accrued income +€7,066
up €7,066 (+93.6%), from €7,548 to €14,615
- Other debts +€85,234
up €85,234 (+1,542%), from €5,528 to €90,761
- Reserves -€63,645
down €63,645 (-53.1%), from €119,882 to €56,237
- Tax, wage and social debts -€5,338
no longer reported in 2025 (was €5,338)
- Accrued charges and deferred income +€5,148
up €5,148 (+3,180%), from €162 to €5,310
- Gross operating margin +€8,953
up €8,953 (+20.5%), from €43,644 to €52,597
- Financial charges +€2,229
up €2,229 (+343%), from €650 to €2,879
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 | €145,280 | €165,126 | +€19,845 | +13.7% |
| Fixed assets | 21/28 | €6,889 | €5,486 | -€1,404 | -20.4% |
| Tangible fixed assets | 22/27 | €6,889 | €5,486 | -€1,404 | -20.4% |
| Plant, machinery and equipment | 23 | €3,821 | €3,631 | -€189 | -5.0% |
| Furniture and vehicles | 24 | €3,069 | €1,854 | -€1,214 | -39.6% |
| Current assets | 29/58 | €138,391 | €159,640 | +€21,249 | +15.4% |
| Amounts receivable within one year | 40/41 | €21,171 | €20,447 | -€723 | -3.4% |
| Other amounts receivable | 41 | €21,171 | €20,447 | -€723 | -3.4% |
| Cash at bank and in hand | 54/58 | €109,672 | €124,578 | +€14,906 | +13.6% |
| Deferred charges and accrued income | 490/1 | €7,548 | €14,615 | +€7,066 | +93.6% |
| Total equity and liabilities | 10/49 | €145,280 | €165,126 | +€19,845 | +13.7% |
| Equity | 10/15 | €129,882 | €66,237 | -€63,645 | -49.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €119,882 | €56,237 | -€63,645 | -53.1% |
| Distributable reserves | 133 | €119,882 | €56,237 | -€63,645 | -53.1% |
| Amounts payable | 17/49 | €15,398 | €98,888 | +€83,490 | +542% |
| Amounts payable within one year | 42/48 | €15,236 | €93,579 | +€78,342 | +514% |
| Trade debts | 44 | €4,371 | €2,817 | -€1,554 | -35.5% |
| Suppliers | 440/4 | €4,371 | €2,817 | -€1,554 | -35.5% |
| Taxes, remuneration and social security | 45 | €5,338 | - | -€5,338 | |
| Taxes | 450/3 | €5,338 | - | -€5,338 | |
| Other amounts payable | 47/48 | €5,528 | €90,761 | +€85,234 | +1,542% |
| Accrued charges and deferred income | 492/3 | €162 | €5,310 | +€5,148 | +3,180% |
| Non-recurring operating income | 76A | €2,710 | €1,425 | -€1,285 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,567 | €2,812 | +€245 | +9.6% |
| Other operating charges | 640/8 | €1,037 | €524 | -€514 | -49.5% |
| Gross operating margin | 9900 | €43,644 | €52,597 | +€8,953 | +20.5% |
| Operating profit (loss) | 9901 | €40,040 | €49,261 | +€9,221 | +23.0% |
| Financial income | 75/76B | €0 | €27 | +€27 | +135,650% |
| Recurring financial income | 75 | €0 | €27 | +€27 | +135,650% |
| Financial charges | 65/66B | €650 | €2,879 | +€2,229 | +343% |
| Recurring financial charges | 65 | €650 | €2,879 | +€2,229 | +343% |
| Profit (loss) for the period before taxes | 9903 | €39,390 | €46,409 | +€7,019 | +17.8% |
| Income taxes | 67/77 | €9,712 | €10,054 | +€341 | +3.5% |
| Profit (loss) for the period | 9904 | €29,678 | €36,355 | +€6,678 | +22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,678 | €36,355 | +€6,678 | +22.5% |
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 27 October 2026 via checked.be.