Dr. Lauranne De Decker: 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. Lauranne De Decker
Largest movements
- Cash +€17,260
up €17,260 (+26.4%), from €65,295 to €82,555
mainly Net result for the year (+€30,647) and Other debts (+€20,574)
- Tangible fixed assets +€6,873
up €6,873 (+99.1%), from €6,935 to €13,808
of which Furniture and vehicles: +€6,973
- Current investments +€6,039
up €6,039 (+121%), from €5,000 to €11,039
- Deferred charges and accrued income +€1,220
up €1,220 (+120%), from €1,017 to €2,237
- Other debts +€20,574
up €20,574 (+1,287%), from €1,599 to €22,173
- Reserves +€10,147
up €10,147 (+13.3%), from €76,165 to €86,313
- Gross operating margin +€6,484
up €6,484 (+17.5%), from €37,018 to €43,503
- Depreciation +€2,799
up €2,799 (+287%), from €974 to €3,773
- Taxes +€1,027
up €1,027 (+14.0%), from €7,341 to €8,368
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 | €80,322 | €111,510 | +€31,188 | +38.8% |
| Formation expenses | 20 | €1,916 | €1,270 | -€646 | -33.7% |
| Fixed assets | 21/28 | €6,935 | €13,808 | +€6,873 | +99.1% |
| Tangible fixed assets | 22/27 | €6,935 | €13,808 | +€6,873 | +99.1% |
| Furniture and vehicles | 24 | €5,939 | €12,911 | +€6,973 | +117% |
| Other tangible fixed assets | 26 | €997 | €897 | -€100 | -10.0% |
| Current assets | 29/58 | €71,471 | €96,431 | +€24,961 | +34.9% |
| Amounts receivable within one year | 40/41 | €159 | €601 | +€442 | +279% |
| Other amounts receivable | 41 | €159 | €601 | +€442 | +279% |
| Current investments | 50/53 | €5,000 | €11,039 | +€6,039 | +121% |
| Cash at bank and in hand | 54/58 | €65,295 | €82,555 | +€17,260 | +26.4% |
| Deferred charges and accrued income | 490/1 | €1,017 | €2,237 | +€1,220 | +120% |
| Total equity and liabilities | 10/49 | €80,322 | €111,510 | +€31,188 | +38.8% |
| Equity | 10/15 | €77,665 | €87,813 | +€10,147 | +13.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €76,165 | €86,313 | +€10,147 | +13.3% |
| Distributable reserves | 133 | €76,165 | €86,313 | +€10,147 | +13.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,656 | €23,697 | +€21,041 | +792% |
| Amounts payable within one year | 42/48 | €2,168 | €23,193 | +€21,025 | +970% |
| Trade debts | 44 | €569 | €152 | -€417 | -73.3% |
| Suppliers | 440/4 | €569 | €152 | -€417 | -73.3% |
| Taxes, remuneration and social security | 45 | - | €868 | +€868 | |
| Taxes | 450/3 | - | €868 | +€868 | |
| Other amounts payable | 47/48 | €1,599 | €22,173 | +€20,574 | +1,287% |
| Accrued charges and deferred income | 492/3 | €488 | €504 | +€16 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €974 | €3,773 | +€2,799 | +287% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €37,018 | €43,503 | +€6,484 | +17.5% |
| Operating profit (loss) | 9901 | €35,539 | €39,210 | +€3,671 | +10.3% |
| Financial income | 75/76B | - | €55 | +€55 | |
| Recurring financial income | 75 | - | €55 | +€55 | |
| Financial charges | 65/66B | €258 | €249 | -€8 | -3.2% |
| Recurring financial charges | 65 | €258 | €249 | -€8 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €35,281 | €39,015 | +€3,734 | +10.6% |
| Income taxes | 67/77 | €7,341 | €8,368 | +€1,027 | +14.0% |
| Profit (loss) for the period | 9904 | €27,940 | €30,647 | +€2,707 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,940 | €30,647 | +€2,707 | +9.7% |
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 23 October 2026 via checked.be.