DR .P.VAN DER REST: 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 DER REST
Largest movements
- Receivables within one year +€16,092
up €16,092 (+14.1%), from €113,955 to €130,047
- Cash -€9,377
down €9,377 (-75.4%), from €12,439 to €3,062
mainly Debts after one year (-€17,625) and Receivables within one year (-€16,092)
- Tangible fixed assets +€2,731
up €2,731 (+171%), from €1,599 to €4,330
- Reserves +€34,000
up €34,000 (+30.4%), from €111,860 to €145,860
- Debts after one year -€17,625
no longer reported in 2025 (was €17,625)
- Tax, wage and social debts -€6,915
down €6,915 (-15.4%), from €44,778 to €37,863
of which Taxes: -€3,901
- Current portion of long-term debt -€4,557
down €4,557 (-15.4%), from €29,620 to €25,063
- Trade debts +€2,532
up €2,532 (+68.8%), from €3,679 to €6,211
- Staff costs +€10,058
up €10,058 (+80.3%), from €12,519 to €22,577
- Gross operating margin +€5,882
up €5,882 (+7.8%), from €75,221 to €81,103
- Other operating charges -€4,118
down €4,118 (-74.0%), from €5,566 to €1,448
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 | €235,561 | €243,257 | +€7,696 | +3.3% |
| Fixed assets | 21/28 | €2,199 | €4,930 | +€2,731 | +124% |
| Tangible fixed assets | 22/27 | €1,599 | €4,330 | +€2,731 | +171% |
| Furniture and vehicles | 24 | €1,599 | €4,330 | +€2,731 | +171% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €233,362 | €238,327 | +€4,965 | +2.1% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €113,955 | €130,047 | +€16,092 | +14.1% |
| Other amounts receivable | 41 | €113,955 | €130,047 | +€16,092 | +14.1% |
| Cash at bank and in hand | 54/58 | €12,439 | €3,062 | -€9,377 | -75.4% |
| Deferred charges and accrued income | 490/1 | €96,968 | €95,218 | -€1,750 | -1.8% |
| Total equity and liabilities | 10/49 | €235,561 | €243,257 | +€7,696 | +3.3% |
| Equity | 10/15 | €139,859 | €174,119 | +€34,260 | +24.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,860 | €145,860 | +€34,000 | +30.4% |
| Distributable reserves | 133 | €111,860 | €145,860 | +€34,000 | +30.4% |
| Profit (loss) carried forward | 14 | €9,399 | €9,659 | +€260 | +2.8% |
| Amounts payable | 17/49 | €95,702 | €69,138 | -€26,564 | -27.8% |
| Amounts payable after more than one year | 17 | €17,625 | - | -€17,625 | |
| Financial debts | 170/4 | €17,625 | - | -€17,625 | |
| Amounts payable within one year | 42/48 | €78,078 | €69,138 | -€8,939 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €29,620 | €25,063 | -€4,557 | -15.4% |
| Trade debts | 44 | €3,679 | €6,211 | +€2,532 | +68.8% |
| Suppliers | 440/4 | €3,679 | €6,211 | +€2,532 | +68.8% |
| Taxes, remuneration and social security | 45 | €44,778 | €37,863 | -€6,915 | -15.4% |
| Taxes | 450/3 | €41,764 | €37,863 | -€3,901 | -9.3% |
| Remuneration and social security | 454/9 | €3,014 | - | -€3,014 | |
| Remuneration, social security and pensions | 62 | €12,519 | €22,577 | +€10,058 | +80.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €881 | €1,360 | +€479 | +54.4% |
| Other operating charges | 640/8 | €5,566 | €1,448 | -€4,118 | -74.0% |
| Gross operating margin | 9900 | €75,221 | €81,103 | +€5,882 | +7.8% |
| Operating profit (loss) | 9901 | €56,256 | €55,718 | -€538 | -1.0% |
| Financial income | 75/76B | €750 | - | -€750 | |
| Recurring financial income | 75 | €750 | - | -€750 | |
| Financial charges | 65/66B | €7,601 | €6,906 | -€694 | -9.1% |
| Recurring financial charges | 65 | €7,601 | €6,906 | -€694 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €49,406 | €48,812 | -€594 | -1.2% |
| Income taxes | 67/77 | €14,202 | €14,552 | +€350 | +2.5% |
| Profit (loss) for the period | 9904 | €35,204 | €34,260 | -€944 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,204 | €34,260 | -€944 | -2.7% |
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 31 October 2026 via checked.be.