Dr. J. DESEINS: 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. J. DESEINS
Largest movements
- Cash +€7,599
up €7,599 (+159%), from €4,772 to €12,371
mainly Other debts (+€25,329) and Net result for the year (+€14,586)
- Tangible fixed assets -€3,254
down €3,254 (-35.1%), from €9,273 to €6,019
- Receivables within one year -€2,083
down €2,083 (-13.7%), from €15,183 to €13,100
- Other debts +€25,329
up €25,329 (+2,518%), from €1,006 to €26,335
- Profit (loss) carried forward -€15,414
down €15,414 (-50.0%), from €30,847 to €15,434
- Tax, wage and social debts -€4,697
down €4,697 (-91.2%), from €5,152 to €455
- Trade debts -€3,755
no longer reported in 2025 (was €3,755)
- Accrued charges and deferred income +€1,015
up €1,015 (+90.7%), from €1,120 to €2,135
- Gross operating margin +€4,048
up €4,048 (+19.9%), from €20,294 to €24,342
- Taxes +€1,083
up €1,083 (+32.2%), from €3,363 to €4,446
- Other operating charges -€507
down €507 (-36.3%), from €1,397 to €889
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 | €44,891 | €46,858 | +€1,968 | +4.4% |
| Fixed assets | 21/28 | €9,273 | €6,019 | -€3,254 | -35.1% |
| Tangible fixed assets | 22/27 | €9,273 | €6,019 | -€3,254 | -35.1% |
| Furniture and vehicles | 24 | €9,273 | €6,019 | -€3,254 | -35.1% |
| Current assets | 29/58 | €35,618 | €40,839 | +€5,221 | +14.7% |
| Amounts receivable within one year | 40/41 | €15,183 | €13,100 | -€2,083 | -13.7% |
| Other amounts receivable | 41 | €15,183 | €13,100 | -€2,083 | -13.7% |
| Cash at bank and in hand | 54/58 | €4,772 | €12,371 | +€7,599 | +159% |
| Deferred charges and accrued income | 490/1 | €15,663 | €15,368 | -€294 | -1.9% |
| Total equity and liabilities | 10/49 | €44,891 | €46,858 | +€1,968 | +4.4% |
| Equity | 10/15 | €33,347 | €17,934 | -€15,414 | -46.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,847 | €15,434 | -€15,414 | -50.0% |
| Amounts payable | 17/49 | €11,543 | €28,925 | +€17,381 | +151% |
| Amounts payable within one year | 42/48 | €10,423 | €26,789 | +€16,366 | +157% |
| Current portion of amounts payable after more than one year | 42 | €511 | - | -€511 | |
| Trade debts | 44 | €3,755 | - | -€3,755 | |
| Suppliers | 440/4 | €3,755 | - | -€3,755 | |
| Taxes, remuneration and social security | 45 | €5,152 | €455 | -€4,697 | -91.2% |
| Taxes | 450/3 | €5,152 | €455 | -€4,697 | -91.2% |
| Other amounts payable | 47/48 | €1,006 | €26,335 | +€25,329 | +2,518% |
| Accrued charges and deferred income | 492/3 | €1,120 | €2,135 | +€1,015 | +90.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,213 | €4,253 | +€40 | +1.0% |
| Other operating charges | 640/8 | €1,397 | €889 | -€507 | -36.3% |
| Gross operating margin | 9900 | €20,294 | €24,342 | +€4,048 | +19.9% |
| Operating profit (loss) | 9901 | €14,685 | €19,200 | +€4,515 | +30.7% |
| Financial charges | 65/66B | €258 | €167 | -€91 | -35.2% |
| Recurring financial charges | 65 | €258 | €167 | -€91 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €14,427 | €19,033 | +€4,606 | +31.9% |
| Income taxes | 67/77 | €3,363 | €4,446 | +€1,083 | +32.2% |
| Profit (loss) for the period | 9904 | €11,064 | €14,586 | +€3,522 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,064 | €14,586 | +€3,522 | +31.8% |
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.