Dr. Lore Budiharto: what changed
Dr. Lore Budiharto
Largest movements
- Tangible fixed assets +€312,268
up €312,268 (+1,790%), from €17,449 to €329,716
of which Land and buildings: +€301,626
- Cash +€224,620
up €224,620 (+221%), from €101,595 to €326,215
mainly Debts after one year (+€255,000) and Current investments (+€125,000)
- Current investments -€125,000
no longer reported in 2024 (was €125,000)
- Receivables within one year -€58,800
down €58,800 (-8.9%), from €661,535 to €602,735
of which Other amounts receivable: -€50,316
- Intangible fixed assets -€30,000
down €30,000 (-34.3%), from €87,500 to €57,500
- Debts after one year +€255,000
new in 2024: €255,000
- Reserves +€89,115
up €89,115 (+7.9%), from €1.1m to €1.2m
of which Distributable reserves: +€89,115
- Tax, wage and social debts -€17,308
down €17,308 (-32.1%), from €53,877 to €36,569
- Gross operating margin -€43,319
down €43,319 (-22.7%), from €190,774 to €147,456
- Taxes -€15,644
down €15,644 (-31.3%), from €49,984 to €34,340
- Financial income +€13,118
up €13,118 (+91.8%), from €14,295 to €27,413
- Depreciation +€8,372
up €8,372 (+23.9%), from €35,027 to €43,399
- Financial charges +€5,763
up €5,763 (+571%), from €1,010 to €6,773
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,215,490 | €1,534,817 | +€319,327 | +26.3% |
| Fixed assets | 21/28 | €323,599 | €605,866 | +€282,268 | +87.2% |
| Intangible fixed assets | 21 | €87,500 | €57,500 | -€30,000 | -34.3% |
| Tangible fixed assets | 22/27 | €17,449 | €329,716 | +€312,268 | +1,790% |
| Land and buildings | 22 | €12,066 | €313,691 | +€301,626 | +2,500% |
| Furniture and vehicles | 24 | €5,383 | €13,358 | +€7,975 | +148% |
| Other tangible fixed assets | 26 | - | €2,667 | +€2,667 | |
| Financial fixed assets | 28 | €218,650 | €218,650 | = | 0.0% |
| Current assets | 29/58 | €891,891 | €928,950 | +€37,059 | +4.2% |
| Amounts receivable within one year | 40/41 | €661,535 | €602,735 | -€58,800 | -8.9% |
| Trade receivables | 40 | €10,901 | €2,418 | -€8,484 | -77.8% |
| Other amounts receivable | 41 | €650,633 | €600,318 | -€50,316 | -7.7% |
| Current investments | 50/53 | €125,000 | - | -€125,000 | |
| Cash at bank and in hand | 54/58 | €101,595 | €326,215 | +€224,620 | +221% |
| Deferred charges and accrued income | 490/1 | €3,761 | - | -€3,761 | |
| Total equity and liabilities | 10/49 | €1,215,490 | €1,534,817 | +€319,327 | +26.3% |
| Equity | 10/15 | €1,145,553 | €1,240,868 | +€95,315 | +8.3% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €1,133,153 | €1,222,268 | +€89,115 | +7.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,131,293 | €1,220,408 | +€89,115 | +7.9% |
| Amounts payable | 17/49 | €69,937 | €293,949 | +€224,012 | +320% |
| Amounts payable after more than one year | 17 | - | €255,000 | +€255,000 | |
| Financial debts | 170/4 | - | €255,000 | +€255,000 | |
| Amounts payable within one year | 42/48 | €69,937 | €38,949 | -€30,988 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €14,286 | - | -€14,286 | |
| Trade debts | 44 | €1,774 | €2,380 | +€606 | +34.2% |
| Suppliers | 440/4 | €1,774 | €2,380 | +€606 | +34.2% |
| Taxes, remuneration and social security | 45 | €53,877 | €36,569 | -€17,308 | -32.1% |
| Taxes | 450/3 | €53,877 | €36,569 | -€17,308 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,027 | €43,399 | +€8,372 | +23.9% |
| Other operating charges | 640/8 | €2,451 | €1,242 | -€1,210 | -49.3% |
| Gross operating margin | 9900 | €190,774 | €147,456 | -€43,319 | -22.7% |
| Operating profit (loss) | 9901 | €153,296 | €102,815 | -€50,481 | -32.9% |
| Financial income | 75/76B | €14,295 | €27,413 | +€13,118 | +91.8% |
| Recurring financial income | 75 | €14,295 | €27,413 | +€13,118 | +91.8% |
| Financial charges | 65/66B | €1,010 | €6,773 | +€5,763 | +571% |
| Recurring financial charges | 65 | €1,010 | €6,773 | +€5,763 | +571% |
| Profit (loss) for the period before taxes | 9903 | €166,581 | €123,455 | -€43,126 | -25.9% |
| Income taxes | 67/77 | €49,984 | €34,340 | -€15,644 | -31.3% |
| Profit (loss) for the period | 9904 | €116,597 | €89,115 | -€27,482 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €116,597 | €89,115 | -€27,482 | -23.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.