Dr. JEFF DE LOOSE: 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. JEFF DE LOOSE
Largest movements
- Cash +€23,552
up €23,552 (+40.6%), from €57,970 to €81,522
mainly Net result for the year (+€207,186) and Receivables within one year (+€18,596)
- Receivables within one year -€18,596
no longer reported in 2025 (was €18,596)
of which Other amounts receivable: -€18,550
- Intangible fixed assets -€10,000
down €10,000 (-20.0%), from €50,000 to €40,000
- Deferred charges and accrued income -€7,589
down €7,589 (-23.9%), from €31,711 to €24,122
- Tangible fixed assets -€7,548
down €7,548 (-16.8%), from €44,889 to €37,341
of which Land and buildings: -€4,638
- Other debts -€19,461
down €19,461 (-9.9%), from €197,000 to €177,539
- Reserves -€2,814
down €2,814 (-75.6%), from €3,723 to €909
- Tax, wage and social debts +€2,094
up €2,094 (+222%), from €943 to €3,037
- Gross operating margin +€15,152
up €15,152 (+5.5%), from €275,298 to €290,450
- Taxes +€4,094
up €4,094 (+6.7%), from €60,943 to €65,037
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 | €203,166 | €182,985 | -€20,181 | -9.9% |
| Fixed assets | 21/28 | €94,889 | €77,341 | -€17,548 | -18.5% |
| Intangible fixed assets | 21 | €50,000 | €40,000 | -€10,000 | -20.0% |
| Tangible fixed assets | 22/27 | €44,889 | €37,341 | -€7,548 | -16.8% |
| Land and buildings | 22 | €34,981 | €30,343 | -€4,638 | -13.3% |
| Furniture and vehicles | 24 | €1,965 | €1,176 | -€788 | -40.1% |
| Other tangible fixed assets | 26 | €7,944 | €5,822 | -€2,122 | -26.7% |
| Current assets | 29/58 | €108,277 | €105,644 | -€2,633 | -2.4% |
| Amounts receivable within one year | 40/41 | €18,596 | - | -€18,596 | |
| Trade receivables | 40 | €46 | - | -€46 | |
| Other amounts receivable | 41 | €18,550 | - | -€18,550 | |
| Cash at bank and in hand | 54/58 | €57,970 | €81,522 | +€23,552 | +40.6% |
| Deferred charges and accrued income | 490/1 | €31,711 | €24,122 | -€7,589 | -23.9% |
| Total equity and liabilities | 10/49 | €203,166 | €182,985 | -€20,181 | -9.9% |
| Equity | 10/15 | €5,223 | €2,409 | -€2,814 | -53.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €3,723 | €909 | -€2,814 | -75.6% |
| Distributable reserves | 133 | €3,723 | €909 | -€2,814 | -75.6% |
| Amounts payable | 17/49 | €197,943 | €180,576 | -€17,367 | -8.8% |
| Amounts payable within one year | 42/48 | €197,943 | €180,576 | -€17,367 | -8.8% |
| Taxes, remuneration and social security | 45 | €943 | €3,037 | +€2,094 | +222% |
| Taxes | 450/3 | €943 | €3,037 | +€2,094 | +222% |
| Other amounts payable | 47/48 | €197,000 | €177,539 | -€19,461 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,602 | €17,548 | +€946 | +5.7% |
| Other operating charges | 640/8 | €2,452 | €634 | -€1,818 | -74.1% |
| Gross operating margin | 9900 | €275,298 | €290,450 | +€15,152 | +5.5% |
| Operating profit (loss) | 9901 | €256,244 | €272,268 | +€16,024 | +6.3% |
| Financial income | 75/76B | €2,051 | €0 | -€2,051 | -100.0% |
| Recurring financial income | 75 | €2,051 | €0 | -€2,051 | -100.0% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €258,251 | €272,223 | +€13,972 | +5.4% |
| Income taxes | 67/77 | €60,943 | €65,037 | +€4,094 | +6.7% |
| Profit (loss) for the period | 9904 | €197,308 | €207,186 | +€9,878 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €197,308 | €207,186 | +€9,878 | +5.0% |
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.