DR. PETRUS VAN HOONACKER: 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. PETRUS VAN HOONACKER
Largest movements
- Tangible fixed assets -€66,668
down €66,668 (-9.7%), from €690,344 to €623,675
of which Land and buildings: -€40,326
- Cash -€28,124
down €28,124 (-26.0%), from €108,107 to €79,983
mainly Contributions, distributions and other (-€250,000) and Debts after one year (-€74,915)
- Debts after one year -€74,915
down €74,915 (-41.2%), from €181,779 to €106,863
- Other debts -€41,452
down €41,452 (-13.5%), from €306,496 to €265,044
- Reserves +€15,000
up €15,000 (+5.7%), from €262,000 to €277,000
of which Distributable reserves: +€15,000
No income-statement line moved by more than 1% of the activity.
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 | €857,078 | €752,368 | -€104,710 | -12.2% |
| Fixed assets | 21/28 | €703,693 | €637,025 | -€66,668 | -9.5% |
| Tangible fixed assets | 22/27 | €690,344 | €623,675 | -€66,668 | -9.7% |
| Land and buildings | 22 | €550,175 | €509,849 | -€40,326 | -7.3% |
| Furniture and vehicles | 24 | €23,496 | €10,679 | -€12,816 | -54.5% |
| Other tangible fixed assets | 26 | €116,673 | €103,148 | -€13,526 | -11.6% |
| Financial fixed assets | 28 | €13,349 | €13,349 | = | 0.0% |
| Current assets | 29/58 | €153,385 | €115,343 | -€38,042 | -24.8% |
| Amounts receivable within one year | 40/41 | €34,332 | €29,008 | -€5,325 | -15.5% |
| Trade receivables | 40 | - | €876 | +€876 | |
| Other amounts receivable | 41 | €34,332 | €28,132 | -€6,201 | -18.1% |
| Cash at bank and in hand | 54/58 | €108,107 | €79,983 | -€28,124 | -26.0% |
| Deferred charges and accrued income | 490/1 | €10,946 | €6,352 | -€4,594 | -42.0% |
| Total equity and liabilities | 10/49 | €857,078 | €752,368 | -€104,710 | -12.2% |
| Equity | 10/15 | €282,168 | €298,473 | +€16,305 | +5.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €262,000 | €277,000 | +€15,000 | +5.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Other | 1319 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €260,000 | €275,000 | +€15,000 | +5.8% |
| Profit (loss) carried forward | 14 | €168 | €1,473 | +€1,305 | +775% |
| Amounts payable | 17/49 | €574,910 | €453,895 | -€121,015 | -21.0% |
| Amounts payable after more than one year | 17 | €181,779 | €106,863 | -€74,915 | -41.2% |
| Financial debts | 170/4 | €181,779 | €106,863 | -€74,915 | -41.2% |
| Amounts payable within one year | 42/48 | €390,852 | €345,410 | -€45,442 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €76,966 | €74,915 | -€2,051 | -2.7% |
| Trade debts | 44 | €7,390 | €3,346 | -€4,043 | -54.7% |
| Suppliers | 440/4 | €7,390 | €3,346 | -€4,043 | -54.7% |
| Taxes, remuneration and social security | 45 | - | €2,105 | +€2,105 | |
| Remuneration and social security | 454/9 | - | €2,105 | +€2,105 | |
| Other amounts payable | 47/48 | €306,496 | €265,044 | -€41,452 | -13.5% |
| Accrued charges and deferred income | 492/3 | €2,279 | €1,621 | -€657 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,422 | €70,181 | -€241 | -0.3% |
| Other operating charges | 640/8 | €3,793 | €5,661 | +€1,869 | +49.3% |
| Non-recurring operating charges | 66A | €420 | €266 | -€154 | -36.7% |
| Gross operating margin | 9900 | €433,953 | €432,971 | -€981 | -0.2% |
| Operating profit (loss) | 9901 | €359,318 | €356,864 | -€2,454 | -0.7% |
| Financial charges | 65/66B | €6,453 | €4,383 | -€2,070 | -32.1% |
| Recurring financial charges | 65 | €6,453 | €4,383 | -€2,070 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €352,865 | €352,481 | -€385 | -0.1% |
| Income taxes | 67/77 | €85,653 | €86,176 | +€522 | +0.6% |
| Profit (loss) for the period | 9904 | €267,212 | €266,305 | -€907 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €267,212 | €266,305 | -€907 | -0.3% |
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 26 October 2026 via checked.be.