DR NANCY BECKERS: what changed
DR NANCY BECKERS
Largest movements
- Current investments +€24,571
up €24,571 (+123%), from €20,000 to €44,571
- Receivables within one year -€1,438
down €1,438 (-26.2%), from €5,490 to €4,052
of which Trade receivables: -€1,704
- Cash -€1,195
down €1,195 (-15.7%), from €7,626 to €6,431
mainly Current investments (-€24,571) and Investment in fixed assets (net) (-€1,210)
- Tangible fixed assets +€1,031
up €1,031 (+150%), from €689 to €1,720
of which Assets under construction and advance payments: +€1,210
- Profit (loss) carried forward +€20,198
up €20,198 (+84.0%), from €24,046 to €44,243
- Tax, wage and social debts +€3,944
up €3,944 (+179%), from €2,198 to €6,142
of which Taxes: +€3,892
- Other debts -€992
down €992 (-25.9%), from €3,834 to €2,842
- Gross operating margin +€8,976
up €8,976 (+45.2%), from €19,847 to €28,822
- Taxes +€1,251
up €1,251 (+25.7%), from €4,863 to €6,115
- Other operating charges -€455
down €455 (-36.4%), from €1,248 to €794
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 | €33,805 | €56,773 | +€22,969 | +67.9% |
| Fixed assets | 21/28 | €689 | €1,720 | +€1,031 | +150% |
| Tangible fixed assets | 22/27 | €689 | €1,720 | +€1,031 | +150% |
| Plant, machinery and equipment | 23 | €689 | €510 | -€180 | -26.0% |
| Assets under construction and advance payments | 27 | - | €1,210 | +€1,210 | |
| Current assets | 29/58 | €33,116 | €55,054 | +€21,938 | +66.2% |
| Amounts receivable within one year | 40/41 | €5,490 | €4,052 | -€1,438 | -26.2% |
| Trade receivables | 40 | €4,347 | €2,643 | -€1,704 | -39.2% |
| Other amounts receivable | 41 | €1,144 | €1,410 | +€266 | +23.3% |
| Current investments | 50/53 | €20,000 | €44,571 | +€24,571 | +123% |
| Cash at bank and in hand | 54/58 | €7,626 | €6,431 | -€1,195 | -15.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €33,805 | €56,773 | +€22,969 | +67.9% |
| Equity | 10/15 | €27,046 | €47,243 | +€20,198 | +74.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,046 | €44,243 | +€20,198 | +84.0% |
| Amounts payable | 17/49 | €6,759 | €9,530 | +€2,771 | +41.0% |
| Amounts payable within one year | 42/48 | €6,759 | €9,530 | +€2,771 | +41.0% |
| Trade debts | 44 | €727 | €547 | -€180 | -24.8% |
| Suppliers | 440/4 | €727 | €547 | -€180 | -24.8% |
| Taxes, remuneration and social security | 45 | €2,198 | €6,142 | +€3,944 | +179% |
| Taxes | 450/3 | €0 | €3,892 | +€3,892 | |
| Remuneration and social security | 454/9 | €2,198 | €2,250 | +€52 | +2.4% |
| Other amounts payable | 47/48 | €3,834 | €2,842 | -€992 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29 | €180 | +€151 | +520% |
| Other operating charges | 640/8 | €1,248 | €794 | -€455 | -36.4% |
| Gross operating margin | 9900 | €19,847 | €28,822 | +€8,976 | +45.2% |
| Operating profit (loss) | 9901 | €18,569 | €27,849 | +€9,280 | +50.0% |
| Financial income | 75/76B | €0 | €232 | +€232 | +232,110% |
| Recurring financial income | 75 | €0 | €232 | +€232 | +232,110% |
| Financial charges | 65/66B | €1,852 | €1,769 | -€84 | -4.5% |
| Recurring financial charges | 65 | €1,852 | €1,769 | -€84 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €16,717 | €26,312 | +€9,595 | +57.4% |
| Income taxes | 67/77 | €4,863 | €6,115 | +€1,251 | +25.7% |
| Profit (loss) for the period | 9904 | €11,854 | €20,198 | +€8,344 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,854 | €20,198 | +€8,344 | +70.4% |
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.