Dr.Lucy Vandeputte: what changed
Dr.Lucy Vandeputte
Largest movements
- Cash -€8,977
down €8,977 (-27.1%), from €33,099 to €24,122
mainly Contributions, distributions and other (-€11,765) and Deferred charges and accrued income (-€4,493)
- Deferred charges and accrued income +€4,493
up €4,493 (+39.1%), from €11,489 to €15,982
- Receivables within one year -€609
no longer reported in 2025 (was €609)
- Profit (loss) carried forward -€6,203
down €6,203 (-24.8%), from €25,026 to €18,823
- Tax, wage and social debts +€2,055
up €2,055 (+23.6%), from €8,699 to €10,754
- Accrued charges and deferred income -€1,681
down €1,681 (-41.7%), from €4,033 to €2,352
- Trade debts +€699
up €699 (+180%), from €387 to €1,086
- Gross operating margin -€23,396
down €23,396 (-74.0%), from €31,629 to €8,233
- Taxes -€4,989
down €4,989 (-70.8%), from €7,043 to €2,054
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,100 | €40,583 | -€5,517 | -12.0% |
| Fixed assets | 21/28 | €903 | €479 | -€424 | -47.0% |
| Tangible fixed assets | 22/27 | €903 | €479 | -€424 | -47.0% |
| Furniture and vehicles | 24 | €903 | €479 | -€424 | -47.0% |
| Current assets | 29/58 | €45,197 | €40,105 | -€5,092 | -11.3% |
| Amounts receivable within one year | 40/41 | €609 | - | -€609 | |
| Other amounts receivable | 41 | €609 | - | -€609 | |
| Cash at bank and in hand | 54/58 | €33,099 | €24,122 | -€8,977 | -27.1% |
| Deferred charges and accrued income | 490/1 | €11,489 | €15,982 | +€4,493 | +39.1% |
| Total equity and liabilities | 10/49 | €46,100 | €40,583 | -€5,517 | -12.0% |
| Equity | 10/15 | €30,026 | €23,823 | -€6,203 | -20.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,026 | €18,823 | -€6,203 | -24.8% |
| Amounts payable | 17/49 | €16,074 | €16,760 | +€686 | +4.3% |
| Amounts payable within one year | 42/48 | €12,040 | €14,408 | +€2,368 | +19.7% |
| Trade debts | 44 | €387 | €1,086 | +€699 | +180% |
| Suppliers | 440/4 | €387 | €1,086 | +€699 | +180% |
| Taxes, remuneration and social security | 45 | €8,699 | €10,754 | +€2,055 | +23.6% |
| Taxes | 450/3 | €8,699 | €10,754 | +€2,055 | +23.6% |
| Other amounts payable | 47/48 | €2,954 | €2,568 | -€386 | -13.1% |
| Accrued charges and deferred income | 492/3 | €4,033 | €2,352 | -€1,681 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257 | €424 | +€168 | +65.4% |
| Other operating charges | 640/8 | €387 | €148 | -€240 | -61.8% |
| Gross operating margin | 9900 | €31,629 | €8,233 | -€23,396 | -74.0% |
| Operating profit (loss) | 9901 | €30,985 | €7,661 | -€23,325 | -75.3% |
| Financial charges | 65/66B | €166 | €45 | -€121 | -72.9% |
| Recurring financial charges | 65 | €166 | €45 | -€121 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | €30,819 | €7,616 | -€23,204 | -75.3% |
| Income taxes | 67/77 | €7,043 | €2,054 | -€4,989 | -70.8% |
| Profit (loss) for the period | 9904 | €23,776 | €5,562 | -€18,214 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,776 | €5,562 | -€18,214 | -76.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.