Dr. J-VANLOMMEL: 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-VANLOMMEL
Largest movements
- Cash -€104,532
down €104,532 (-24.3%), from €430,825 to €326,293
mainly Contributions, distributions and other (-€981,481) and Investment in fixed assets (net) (-€32,891)
- Reserves -€614,548
no longer reported in 2025 (was €614,548)
- Other debts +€542,577
up €542,577 (+888%), from €61,075 to €603,652
- Debts after one year -€18,972
down €18,972 (-8.7%), from €218,622 to €199,651
- Gross operating margin +€46,257
up €46,257 (+9.8%), from €474,179 to €520,436
- Taxes +€10,199
up €10,199 (+9.1%), from €111,553 to €121,752
- Financial income -€9,284
down €9,284 (-90.3%), from €10,286 to €1,003
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 | €942,234 | €845,781 | -€96,453 | -10.2% |
| Fixed assets | 21/28 | €509,640 | €514,228 | +€4,589 | +0.9% |
| Tangible fixed assets | 22/27 | €509,640 | €514,228 | +€4,589 | +0.9% |
| Land and buildings | 22 | €468,205 | €489,630 | +€21,425 | +4.6% |
| Furniture and vehicles | 24 | €27,186 | €13,716 | -€13,470 | -49.5% |
| Other tangible fixed assets | 26 | €14,248 | €10,883 | -€3,365 | -23.6% |
| Current assets | 29/58 | €432,595 | €331,553 | -€101,042 | -23.4% |
| Amounts receivable within one year | 40/41 | - | €548 | +€548 | |
| Other amounts receivable | 41 | - | €548 | +€548 | |
| Cash at bank and in hand | 54/58 | €430,825 | €326,293 | -€104,532 | -24.3% |
| Deferred charges and accrued income | 490/1 | €1,769 | €4,711 | +€2,942 | +166% |
| Total equity and liabilities | 10/49 | €942,234 | €845,781 | -€96,453 | -10.2% |
| Equity | 10/15 | €633,148 | €18,600 | -€614,548 | -97.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €614,548 | - | -€614,548 | |
| Distributable reserves | 133 | €614,548 | - | -€614,548 | |
| Amounts payable | 17/49 | €309,086 | €827,181 | +€518,095 | +168% |
| Amounts payable after more than one year | 17 | €218,622 | €199,651 | -€18,972 | -8.7% |
| Financial debts | 170/4 | €218,622 | €199,651 | -€18,972 | -8.7% |
| Amounts payable within one year | 42/48 | €90,242 | €627,326 | +€537,084 | +595% |
| Current portion of amounts payable after more than one year | 42 | €20,323 | €20,544 | +€221 | +1.1% |
| Trade debts | 44 | €429 | €355 | -€75 | -17.4% |
| Suppliers | 440/4 | €429 | €355 | -€75 | -17.4% |
| Taxes, remuneration and social security | 45 | €8,414 | €2,775 | -€5,639 | -67.0% |
| Taxes | 450/3 | €8,414 | €2,775 | -€5,639 | -67.0% |
| Other amounts payable | 47/48 | €61,075 | €603,652 | +€542,577 | +888% |
| Accrued charges and deferred income | 492/3 | €222 | €205 | -€17 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,055 | €28,302 | +€2,247 | +8.6% |
| Other operating charges | 640/8 | €5,354 | €1,749 | -€3,605 | -67.3% |
| Gross operating margin | 9900 | €474,179 | €520,436 | +€46,257 | +9.8% |
| Operating profit (loss) | 9901 | €442,770 | €490,384 | +€47,614 | +10.8% |
| Financial income | 75/76B | €10,286 | €1,003 | -€9,284 | -90.3% |
| Recurring financial income | 75 | €10,286 | €1,003 | -€9,284 | -90.3% |
| Financial charges | 65/66B | €2,885 | €2,702 | -€183 | -6.3% |
| Recurring financial charges | 65 | €2,885 | €2,702 | -€183 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €450,172 | €488,686 | +€38,513 | +8.6% |
| Income taxes | 67/77 | €111,553 | €121,752 | +€10,199 | +9.1% |
| Profit (loss) for the period | 9904 | €338,619 | €366,933 | +€28,314 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €338,619 | €366,933 | +€28,314 | +8.4% |
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 25 October 2026 via checked.be.