Dr. Lecoq Aurélie: 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. Lecoq Aurélie
Largest movements
- Tangible fixed assets -€10,019
down €10,019 (-25.0%), from €40,079 to €30,060
- Cash -€8,822
down €8,822 (-32.3%), from €27,284 to €18,462
mainly Net result for the year (-€11,328) and Debts after one year (-€7,627)
- Receivables within one year -€4,403
down €4,403 (-65.8%), from €6,692 to €2,288
of which Other amounts receivable: -€4,665
- Deferred charges and accrued income +€1,375
up €1,375 (+79.4%), from €1,731 to €3,106
- Profit (loss) carried forward -€11,328
down €11,328, from €831 to -€10,497
- Debts after one year -€7,627
down €7,627 (-41.8%), from €18,242 to €10,615
- Trade debts -€3,562
down €3,562 (-84.9%), from €4,196 to €635
- Tax, wage and social debts +€1,340
up €1,340 (+11.6%), from €11,592 to €12,932
- Accrued charges and deferred income -€1,280
down €1,280 (-81.5%), from €1,571 to €290
- Gross operating margin -€52,220
down €52,220 (-98.3%), from €53,143 to €923
- Taxes -€10,869
down €10,869 (-98.8%), from €11,001 to €132
- Depreciation -€1,940
down €1,940 (-16.2%), from €11,958 to €10,019
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 | €75,786 | €53,917 | -€21,869 | -28.9% |
| Fixed assets | 21/28 | €40,079 | €30,060 | -€10,019 | -25.0% |
| Tangible fixed assets | 22/27 | €40,079 | €30,060 | -€10,019 | -25.0% |
| Furniture and vehicles | 24 | €40,079 | €30,060 | -€10,019 | -25.0% |
| Current assets | 29/58 | €35,707 | €23,856 | -€11,851 | -33.2% |
| Amounts receivable within one year | 40/41 | €6,692 | €2,288 | -€4,403 | -65.8% |
| Trade receivables | 40 | €1,080 | €1,341 | +€262 | +24.2% |
| Other amounts receivable | 41 | €5,612 | €947 | -€4,665 | -83.1% |
| Cash at bank and in hand | 54/58 | €27,284 | €18,462 | -€8,822 | -32.3% |
| Deferred charges and accrued income | 490/1 | €1,731 | €3,106 | +€1,375 | +79.4% |
| Total equity and liabilities | 10/49 | €75,786 | €53,917 | -€21,869 | -28.9% |
| Equity | 10/15 | €32,831 | €21,503 | -€11,328 | -34.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,000 | €27,000 | = | 0.0% |
| Distributable reserves | 133 | €27,000 | €27,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €831 | -€10,497 | -€11,328 | |
| Amounts payable | 17/49 | €42,955 | €32,414 | -€10,541 | -24.5% |
| Amounts payable after more than one year | 17 | €18,242 | €10,615 | -€7,627 | -41.8% |
| Financial debts | 170/4 | €18,242 | €10,615 | -€7,627 | -41.8% |
| Amounts payable within one year | 42/48 | €23,142 | €21,509 | -€1,633 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €7,353 | €7,627 | +€274 | +3.7% |
| Trade debts | 44 | €4,196 | €635 | -€3,562 | -84.9% |
| Suppliers | 440/4 | €4,196 | €635 | -€3,562 | -84.9% |
| Taxes, remuneration and social security | 45 | €11,592 | €12,932 | +€1,340 | +11.6% |
| Taxes | 450/3 | €11,592 | €12,932 | +€1,340 | +11.6% |
| Other amounts payable | 47/48 | - | €314 | +€314 | |
| Accrued charges and deferred income | 492/3 | €1,571 | €290 | -€1,280 | -81.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,958 | €10,019 | -€1,940 | -16.2% |
| Other operating charges | 640/8 | €1,165 | €1,008 | -€157 | -13.5% |
| Gross operating margin | 9900 | €53,143 | €923 | -€52,220 | -98.3% |
| Operating profit (loss) | 9901 | €40,020 | -€10,103 | -€50,123 | |
| Financial income | 75/76B | €262 | €264 | +€2 | +0.9% |
| Recurring financial income | 75 | €262 | €264 | +€2 | +0.9% |
| Financial charges | 65/66B | €1,450 | €1,357 | -€93 | -6.4% |
| Recurring financial charges | 65 | €1,450 | €1,357 | -€93 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €38,832 | -€11,196 | -€50,028 | |
| Income taxes | 67/77 | €11,001 | €132 | -€10,869 | -98.8% |
| Profit (loss) for the period | 9904 | €27,831 | -€11,328 | -€39,159 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,831 | -€11,328 | -€39,159 |
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 22 October 2026 via checked.be.