Dr. Manon De Roover: what changed
Dr. Manon De Roover
Largest movements
- Cash +€42,807
up €42,807 (+12.6%), from €339,283 to €382,090
mainly Other debts (+€312,928) and Net result for the year (+€115,347)
- Tangible fixed assets +€3,967
up €3,967 (+83.3%), from €4,765 to €8,732
of which Furniture and vehicles: +€5,158
- Other debts +€312,928
up €312,928 (+5,245%), from €5,966 to €318,894
- Reserves -€298,569
down €298,569 (-100%), from €298,569 to €0
- Tax, wage and social debts +€36,222
up €36,222 (+100%), from €36,212 to €72,434
of which Taxes: +€36,222
- Gross operating margin +€34,956
up €34,956 (+29.9%), from €116,817 to €151,772
- Taxes +€8,678
up €8,678 (+36.4%), from €23,869 to €32,546
- Depreciation +€1,666
up €1,666 (+145%), from €1,150 to €2,816
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 | €344,048 | €394,648 | +€50,600 | +14.7% |
| Fixed assets | 21/28 | €4,765 | €8,732 | +€3,967 | +83.3% |
| Tangible fixed assets | 22/27 | €4,765 | €8,732 | +€3,967 | +83.3% |
| Plant, machinery and equipment | 23 | €3,382 | €2,192 | -€1,190 | -35.2% |
| Furniture and vehicles | 24 | €1,382 | €6,540 | +€5,158 | +373% |
| Current assets | 29/58 | €339,283 | €385,916 | +€46,633 | +13.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €339,283 | €382,090 | +€42,807 | +12.6% |
| Deferred charges and accrued income | 490/1 | - | €3,826 | +€3,826 | |
| Total equity and liabilities | 10/49 | €344,048 | €394,648 | +€50,600 | +14.7% |
| Equity | 10/15 | €301,069 | €2,500 | -€298,569 | -99.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €298,569 | €0 | -€298,569 | -100% |
| Distributable reserves | 133 | €298,569 | €0 | -€298,569 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,979 | €392,148 | +€349,169 | +812% |
| Amounts payable within one year | 42/48 | €42,979 | €392,148 | +€349,169 | +812% |
| Trade debts | 44 | €800 | €820 | +€19 | +2.4% |
| Suppliers | 440/4 | €800 | €820 | +€19 | +2.4% |
| Taxes, remuneration and social security | 45 | €36,212 | €72,434 | +€36,222 | +100% |
| Taxes | 450/3 | €33,462 | €69,684 | +€36,222 | +108% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €5,966 | €318,894 | +€312,928 | +5,245% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,150 | €2,816 | +€1,666 | +145% |
| Other operating charges | 640/8 | €1,293 | €783 | -€510 | -39.5% |
| Gross operating margin | 9900 | €116,817 | €151,772 | +€34,956 | +29.9% |
| Operating profit (loss) | 9901 | €114,374 | €148,173 | +€33,800 | +29.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €373 | €280 | -€92 | -24.8% |
| Recurring financial charges | 65 | €373 | €280 | -€92 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €114,001 | €147,893 | +€33,892 | +29.7% |
| Income taxes | 67/77 | €23,869 | €32,546 | +€8,678 | +36.4% |
| Profit (loss) for the period | 9904 | €90,132 | €115,347 | +€25,215 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90,132 | €115,347 | +€25,215 | +28.0% |
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.