Dr. P. Van Brien: 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. P. Van Brien
Largest movements
- Cash -€22,801
down €22,801 (-10.1%), from €225,447 to €202,646
mainly Other debts (-€15,421) and Tax, wage and social debts (-€6,395)
- Tangible fixed assets -€4,699
down €4,699 (-68.7%), from €6,844 to €2,145
of which Furniture and vehicles: -€2,687
- Receivables within one year -€2,800
down €2,800 (-100.0%), from €2,800 to €0
of which Other amounts receivable: -€2,800
- Other debts -€15,421
down €15,421 (-79.9%), from €19,307 to €3,886
- Tax, wage and social debts -€6,395
down €6,395 (-83.4%), from €7,668 to €1,273
- Current portion of long-term debt -€4,680
down €4,680 (-100.0%), from €4,680 to €0
- Gross operating margin +€6,786
up €6,786 (+238.8%), from €2,842 to €9,628
- Depreciation -€6,653
down €6,653 (-58.6%), from €11,352 to €4,699
- Other operating charges +€2,059
up €2,059 (+90.9%), from €2,266 to €4,324
- Taxes +€1,259
up €1,259, from €0 to €1,259
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.
Cash bridge derived
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 | €268,835 | €239,502 | -€29,333 | -10.9% |
| Fixed assets | 21/28 | €35,904 | €31,204 | -€4,699 | -13.1% |
| Tangible fixed assets | 22/27 | €6,844 | €2,145 | -€4,699 | -68.7% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €1,733 | €587 | -€1,146 | -66.1% |
| Furniture and vehicles | 24 | €2,687 | €0 | -€2,687 | -100.0% |
| Other tangible fixed assets | 26 | €2,424 | €1,557 | -€867 | -35.8% |
| Financial fixed assets | 28 | €29,060 | €29,060 | = | 0.0% |
| Current assets | 29/58 | €232,932 | €208,298 | -€24,634 | -10.6% |
| Amounts receivable within one year | 40/41 | €2,800 | €0 | -€2,800 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,800 | €0 | -€2,800 | -100.0% |
| Cash at bank and in hand | 54/58 | €225,447 | €202,646 | -€22,801 | -10.1% |
| Deferred charges and accrued income | 490/1 | €4,685 | €5,652 | +€967 | +20.6% |
| Total equity and liabilities | 10/49 | €268,835 | €239,502 | -€29,333 | -10.9% |
| Equity | 10/15 | €230,076 | €228,266 | -€1,809 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €211,476 | €211,476 | = | 0.0% |
| Distributable reserves | 133 | €211,476 | €211,476 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€1,809 | -€1,809 | |
| Amounts payable | 17/49 | €38,760 | €11,236 | -€27,524 | -71.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €38,760 | €11,236 | -€27,524 | -71.0% |
| Current portion of amounts payable after more than one year | 42 | €4,680 | €0 | -€4,680 | -100.0% |
| Trade debts | 44 | €7,105 | €6,077 | -€1,028 | -14.5% |
| Suppliers | 440/4 | €7,105 | €6,077 | -€1,028 | -14.5% |
| Taxes, remuneration and social security | 45 | €7,668 | €1,273 | -€6,395 | -83.4% |
| Taxes | 450/3 | €7,668 | €1,273 | -€6,395 | -83.4% |
| Other amounts payable | 47/48 | €19,307 | €3,886 | -€15,421 | -79.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,352 | €4,699 | -€6,653 | -58.6% |
| Other operating charges | 640/8 | €2,266 | €4,324 | +€2,059 | +90.9% |
| Gross operating margin | 9900 | €2,842 | €9,628 | +€6,786 | +238.8% |
| Operating profit (loss) | 9901 | -€10,776 | €604 | +€11,380 | |
| Financial income | 75/76B | €581 | €611 | +€30 | +5.2% |
| Recurring financial income | 75 | €581 | €611 | +€30 | +5.2% |
| Financial charges | 65/66B | €1,815 | €1,765 | -€49 | -2.7% |
| Recurring financial charges | 65 | €1,815 | €1,765 | -€49 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,010 | -€550 | +€11,460 | +95.4% |
| Income taxes | 67/77 | €0 | €1,259 | +€1,259 | |
| Profit (loss) for the period | 9904 | -€12,010 | -€1,809 | +€10,201 | +84.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,010 | -€1,809 | +€10,201 | +84.9% |
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 11 October 2026 via checked.be.