DR. J. DIERICKX: what changed
Two fiscal 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. DIERICKX
Largest movements
- Cash -€16,850
down €16,850 (-56.3%), from €29,940 to €13,090
mainly Receivables within one year (-€11,347) and Deferred charges and accrued income (-€4,902)
- Receivables within one year +€11,347
new in 2025: €11,347
- Deferred charges and accrued income +€4,902
up €4,902 (+226.9%), from €2,160 to €7,062
- Tangible fixed assets +€3,150
new in 2025: €3,150
- Other debts -€4,274
down €4,274 (-67.1%), from €6,373 to €2,099
- Tax, wage and social debts +€3,350
up €3,350 (+62.4%), from €5,365 to €8,716
- Reserves +€3,082
up €3,082 (+20.7%), from €14,899 to €17,982
- Trade debts +€391
up €391 (+26.7%), from €1,462 to €1,852
- Gross operating margin -€14,396
down €14,396 (-61.8%), from €23,304 to €8,908
- Taxes -€2,015
down €2,015 (-37.6%), from €5,365 to €3,350
- Depreciation -€1,387
down €1,387 (-67.7%), from €2,050 to €663
- Financial charges +€454
up €454 (+290.2%), from €157 to €611
- Other operating charges +€343
new in 2025: €343
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.
Cash bridge derived
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 | €32,100 | €34,649 | +€2,549 | +7.9% |
| Fixed assets | 21/28 | - | €3,150 | +€3,150 | |
| Tangible fixed assets | 22/27 | - | €3,150 | +€3,150 | |
| Furniture and vehicles | 24 | - | €3,150 | +€3,150 | |
| Current assets | 29/58 | €32,100 | €31,499 | -€601 | -1.9% |
| Amounts receivable within one year | 40/41 | - | €11,347 | +€11,347 | |
| Trade receivables | 40 | - | €11,347 | +€11,347 | |
| Cash at bank and in hand | 54/58 | €29,940 | €13,090 | -€16,850 | -56.3% |
| Deferred charges and accrued income | 490/1 | €2,160 | €7,062 | +€4,902 | +226.9% |
| Total equity and liabilities | 10/49 | €32,100 | €34,649 | +€2,549 | +7.9% |
| Equity | 10/15 | €18,899 | €21,982 | +€3,082 | +16.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €14,899 | €17,982 | +€3,082 | +20.7% |
| Distributable reserves | 133 | €14,899 | €17,982 | +€3,082 | +20.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,201 | €12,667 | -€533 | -4.0% |
| Amounts payable within one year | 42/48 | €13,201 | €12,667 | -€533 | -4.0% |
| Trade debts | 44 | €1,462 | €1,852 | +€391 | +26.7% |
| Suppliers | 440/4 | €1,462 | €1,852 | +€391 | +26.7% |
| Taxes, remuneration and social security | 45 | €5,365 | €8,716 | +€3,350 | +62.4% |
| Taxes | 450/3 | €5,365 | €8,716 | +€3,350 | +62.4% |
| Other amounts payable | 47/48 | €6,373 | €2,099 | -€4,274 | -67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,050 | €663 | -€1,387 | -67.7% |
| Other operating charges | 640/8 | - | €343 | +€343 | |
| Gross operating margin | 9900 | €23,304 | €8,908 | -€14,396 | -61.8% |
| Operating profit (loss) | 9901 | €21,254 | €7,902 | -€13,352 | -62.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €157 | €611 | +€454 | +290.2% |
| Recurring financial charges | 65 | €157 | €611 | +€454 | +290.2% |
| Profit (loss) for the period before taxes | 9903 | €21,098 | €7,292 | -€13,806 | -65.4% |
| Income taxes | 67/77 | €5,365 | €3,350 | -€2,015 | -37.6% |
| Profit (loss) for the period | 9904 | €15,732 | €3,941 | -€11,791 | -74.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,732 | €3,941 | -€11,791 | -74.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.