Dr. Ph. DAMOISEAUX: what changed
Dr. Ph. DAMOISEAUX
Largest movements
- Financial fixed assets +€100,000
up €100,000 (+200%), from €50,000 to €150,000
- Cash -€88,055
down €88,055 (-29.9%), from €294,720 to €206,665
mainly Investment in fixed assets (net) (-€108,480) and Deferred charges and accrued income (-€5,261)
- Deferred charges and accrued income +€5,261
up €5,261 (+112%), from €4,677 to €9,938
- Reserves +€20,156
up €20,156 (+6.7%), from €300,023 to €320,179
of which Distributable reserves: +€20,156
- Gross operating margin -€15,778
down €15,778 (-31.0%), from €50,837 to €35,058
- Taxes -€5,774
down €5,774 (-34.4%), from €16,761 to €10,987
- Financial income -€2,373
down €2,373 (-49.1%), from €4,828 to €2,455
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 | €378,485 | €398,253 | +€19,768 | +5.2% |
| Fixed assets | 21/28 | €76,514 | €179,353 | +€102,839 | +134% |
| Tangible fixed assets | 22/27 | €26,514 | €29,353 | +€2,839 | +10.7% |
| Furniture and vehicles | 24 | €26,514 | €29,353 | +€2,839 | +10.7% |
| Financial fixed assets | 28 | €50,000 | €150,000 | +€100,000 | +200% |
| Current assets | 29/58 | €301,970 | €218,900 | -€83,070 | -27.5% |
| Amounts receivable within one year | 40/41 | €2,573 | €2,297 | -€276 | -10.7% |
| Other amounts receivable | 41 | €2,573 | €2,297 | -€276 | -10.7% |
| Cash at bank and in hand | 54/58 | €294,720 | €206,665 | -€88,055 | -29.9% |
| Deferred charges and accrued income | 490/1 | €4,677 | €9,938 | +€5,261 | +112% |
| Total equity and liabilities | 10/49 | €378,485 | €398,253 | +€19,768 | +5.2% |
| Equity | 10/15 | €378,029 | €398,186 | +€20,157 | +5.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €300,023 | €320,179 | +€20,156 | +6.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €298,163 | €318,319 | +€20,156 | +6.8% |
| Profit (loss) carried forward | 14 | €65,606 | €65,607 | +€1 | 0.0% |
| Amounts payable | 17/49 | €456 | €67 | -€389 | -85.3% |
| Amounts payable within one year | 42/48 | €456 | €67 | -€389 | -85.3% |
| Trade debts | 44 | €456 | €67 | -€389 | -85.3% |
| Suppliers | 440/4 | €456 | €67 | -€389 | -85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,641 | €5,641 | = | 0.0% |
| Other operating charges | 640/8 | €905 | €584 | -€321 | -35.5% |
| Gross operating margin | 9900 | €50,837 | €35,058 | -€15,778 | -31.0% |
| Operating profit (loss) | 9901 | €44,291 | €28,833 | -€15,457 | -34.9% |
| Financial income | 75/76B | €4,828 | €2,455 | -€2,373 | -49.1% |
| Recurring financial income | 75 | €4,828 | €2,455 | -€2,373 | -49.1% |
| Financial charges | 65/66B | €144 | €144 | +€1 | +0.6% |
| Recurring financial charges | 65 | €144 | €144 | +€1 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €48,975 | €31,144 | -€17,831 | -36.4% |
| Income taxes | 67/77 | €16,761 | €10,987 | -€5,774 | -34.4% |
| Profit (loss) for the period | 9904 | €32,214 | €20,157 | -€12,057 | -37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,214 | €20,157 | -€12,057 | -37.4% |
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 6 November 2026 via checked.be.