Dr. Ph. DUBRON: 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. Ph. DUBRON
Largest movements
- Cash +€95,150
up €95,150 (+78.6%), from €121,109 to €216,259
mainly Net result for the year (+€125,416) and Deferred charges and accrued income (+€32,700)
- Deferred charges and accrued income -€32,700
down €32,700 (-23.5%), from €138,910 to €106,210
- Tangible fixed assets -€24,840
down €24,840 (-5.1%), from €484,271 to €459,431
of which Furniture and vehicles: -€21,313
- Reserves +€45,652
up €45,652 (+6.8%), from €671,944 to €717,596
of which Distributable reserves: +€45,652
- Tax, wage and social debts -€34,161
down €34,161 (-68.5%), from €49,861 to €15,700
of which Taxes: -€34,348
- Trade debts +€25,336
up €25,336 (+540%), from €4,693 to €30,029
- Gross operating margin -€28,192
down €28,192 (-11.4%), from €247,043 to €218,851
- Taxes -€4,207
down €4,207 (-6.4%), from €66,030 to €61,823
- Depreciation -€2,947
down €2,947 (-10.4%), from €28,391 to €25,444
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €745,098 | €781,924 | +€36,826 | +4.9% |
| Fixed assets | 21/28 | €484,295 | €459,456 | -€24,840 | -5.1% |
| Tangible fixed assets | 22/27 | €484,271 | €459,431 | -€24,840 | -5.1% |
| Land and buildings | 22 | €332,437 | €329,480 | -€2,957 | -0.9% |
| Plant, machinery and equipment | 23 | €4,386 | €1,310 | -€3,076 | -70.1% |
| Furniture and vehicles | 24 | €60,448 | €39,135 | -€21,313 | -35.3% |
| Other tangible fixed assets | 26 | €87,000 | €89,505 | +€2,505 | +2.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €260,803 | €322,468 | +€61,666 | +23.6% |
| Amounts receivable within one year | 40/41 | €784 | €0 | -€784 | -100% |
| Other amounts receivable | 41 | €784 | €0 | -€784 | -100% |
| Cash at bank and in hand | 54/58 | €121,109 | €216,259 | +€95,150 | +78.6% |
| Deferred charges and accrued income | 490/1 | €138,910 | €106,210 | -€32,700 | -23.5% |
| Total equity and liabilities | 10/49 | €745,098 | €781,924 | +€36,826 | +4.9% |
| Equity | 10/15 | €690,544 | €736,196 | +€45,652 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €671,944 | €717,596 | +€45,652 | +6.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €671,944 | €717,596 | +€45,652 | +6.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,554 | €45,728 | -€8,826 | -16.2% |
| Amounts payable within one year | 42/48 | €54,554 | €45,728 | -€8,826 | -16.2% |
| Trade debts | 44 | €4,693 | €30,029 | +€25,336 | +540% |
| Suppliers | 440/4 | €4,693 | €30,029 | +€25,336 | +540% |
| Taxes, remuneration and social security | 45 | €49,861 | €15,700 | -€34,161 | -68.5% |
| Taxes | 450/3 | €43,171 | €8,823 | -€34,348 | -79.6% |
| Remuneration and social security | 454/9 | €6,690 | €6,877 | +€187 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,391 | €25,444 | -€2,947 | -10.4% |
| Other operating charges | 640/8 | €6,172 | €3,961 | -€2,211 | -35.8% |
| Non-recurring operating charges | 66A | - | €2,124 | +€2,124 | |
| Gross operating margin | 9900 | €247,043 | €218,851 | -€28,192 | -11.4% |
| Operating profit (loss) | 9901 | €212,481 | €187,322 | -€25,158 | -11.8% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €75 | €84 | +€9 | +11.6% |
| Recurring financial charges | 65 | €75 | €84 | +€9 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €212,409 | €187,239 | -€25,170 | -11.8% |
| Income taxes | 67/77 | €66,030 | €61,823 | -€4,207 | -6.4% |
| Profit (loss) for the period | 9904 | €146,379 | €125,416 | -€20,963 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €146,379 | €125,416 | -€20,963 | -14.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.