Dr. Naessens Benedicte: 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. Naessens Benedicte
Largest movements
- Deferred charges and accrued income +€82,686
up €82,686 (+1,162%), from €7,118 to €89,804
- Receivables within one year -€80,453
down €80,453 (-97.8%), from €82,224 to €1,771
of which Trade receivables: -€82,224
- Cash +€56,716
up €56,716 (+98.7%), from €57,486 to €114,201
mainly Net result for the year (+€84,770) and Receivables within one year (+€80,453)
- Tangible fixed assets -€55,889
down €55,889 (-9.4%), from €594,927 to €539,038
of which Land and buildings: -€39,231
- Reserves +€83,937
up €83,937 (+13.9%), from €603,788 to €687,725
- Debts after one year -€65,808
down €65,808 (-79.6%), from €82,711 to €16,903
- Tax, wage and social debts -€8,331
down €8,331 (-75.7%), from €11,006 to €2,675
- Depreciation -€8,733
down €8,733 (-12.5%), from €69,719 to €60,986
- Taxes +€3,172
up €3,172 (+10.3%), from €30,885 to €34,056
- Financial income +€2,145
up €2,145 (+325%), from €659 to €2,804
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 | €810,387 | €808,421 | -€1,966 | -0.2% |
| Fixed assets | 21/28 | €599,302 | €539,313 | -€59,989 | -10.0% |
| Intangible fixed assets | 21 | €4,100 | €0 | -€4,100 | -100% |
| Tangible fixed assets | 22/27 | €594,927 | €539,038 | -€55,889 | -9.4% |
| Land and buildings | 22 | €570,620 | €531,389 | -€39,231 | -6.9% |
| Plant, machinery and equipment | 23 | €2,129 | €1,760 | -€369 | -17.3% |
| Furniture and vehicles | 24 | €22,179 | €5,889 | -€16,290 | -73.4% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €211,085 | €269,108 | +€58,024 | +27.5% |
| Amounts receivable within one year | 40/41 | €82,224 | €1,771 | -€80,453 | -97.8% |
| Trade receivables | 40 | €82,224 | €0 | -€82,224 | -100% |
| Other amounts receivable | 41 | - | €1,771 | +€1,771 | |
| Current investments | 50/53 | €64,257 | €63,332 | -€924 | -1.4% |
| Cash at bank and in hand | 54/58 | €57,486 | €114,201 | +€56,716 | +98.7% |
| Deferred charges and accrued income | 490/1 | €7,118 | €89,804 | +€82,686 | +1,162% |
| Total equity and liabilities | 10/49 | €810,387 | €808,421 | -€1,966 | -0.2% |
| Equity | 10/15 | €622,388 | €706,325 | +€83,937 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €603,788 | €687,725 | +€83,937 | +13.9% |
| Distributable reserves | 133 | €603,788 | €687,725 | +€83,937 | +13.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €187,998 | €102,096 | -€85,903 | -45.7% |
| Amounts payable after more than one year | 17 | €82,711 | €16,903 | -€65,808 | -79.6% |
| Financial debts | 170/4 | €82,711 | €16,903 | -€65,808 | -79.6% |
| Amounts payable within one year | 42/48 | €103,735 | €84,148 | -€19,587 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €72,282 | €65,808 | -€6,474 | -9.0% |
| Trade debts | 44 | €5,944 | €1,425 | -€4,519 | -76.0% |
| Suppliers | 440/4 | €5,944 | €1,425 | -€4,519 | -76.0% |
| Taxes, remuneration and social security | 45 | €11,006 | €2,675 | -€8,331 | -75.7% |
| Taxes | 450/3 | €11,006 | €2,675 | -€8,331 | -75.7% |
| Other amounts payable | 47/48 | €14,503 | €14,240 | -€262 | -1.8% |
| Accrued charges and deferred income | 492/3 | €1,552 | €1,044 | -€508 | -32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,719 | €60,986 | -€8,733 | -12.5% |
| Other operating charges | 640/8 | €5,069 | €4,476 | -€593 | -11.7% |
| Gross operating margin | 9900 | €191,839 | €190,361 | -€1,478 | -0.8% |
| Operating profit (loss) | 9901 | €117,051 | €124,899 | +€7,848 | +6.7% |
| Financial income | 75/76B | €659 | €2,804 | +€2,145 | +325% |
| Recurring financial income | 75 | €659 | €2,804 | +€2,145 | +325% |
| Financial charges | 65/66B | €10,714 | €8,877 | -€1,837 | -17.1% |
| Recurring financial charges | 65 | €10,714 | €8,877 | -€1,837 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €106,996 | €118,826 | +€11,830 | +11.1% |
| Income taxes | 67/77 | €30,885 | €34,056 | +€3,172 | +10.3% |
| Profit (loss) for the period | 9904 | €76,111 | €84,770 | +€8,659 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,111 | €84,770 | +€8,659 | +11.4% |
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 29 October 2026 via checked.be.