Dr. Pissens Simon: 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. Pissens Simon
Largest movements
- Cash +€183,347
up €183,347 (+383%), from €47,846 to €231,194
mainly Net result for the year (+€250,105) and Tax, wage and social debts (+€32,124)
- Deferred charges and accrued income +€105,109
up €105,109 (+179%), from €58,771 to €163,880
- Reserves +€250,105
up €250,105 (+226%), from €110,877 to €360,982
- Tax, wage and social debts +€32,124
up €32,124 (+2,630%), from €1,221 to €33,345
- Gross operating margin +€237,864
up €237,864 (+255%), from €93,182 to €331,045
- Taxes +€59,124
up €59,124 (+308%), from €19,221 to €78,345
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 | €114,948 | €401,005 | +€286,056 | +249% |
| Fixed assets | 21/28 | €8,331 | €5,931 | -€2,400 | -28.8% |
| Tangible fixed assets | 22/27 | €8,331 | €5,931 | -€2,400 | -28.8% |
| Furniture and vehicles | 24 | €8,331 | €5,931 | -€2,400 | -28.8% |
| Current assets | 29/58 | €106,617 | €395,074 | +€288,456 | +271% |
| Cash at bank and in hand | 54/58 | €47,846 | €231,194 | +€183,347 | +383% |
| Deferred charges and accrued income | 490/1 | €58,771 | €163,880 | +€105,109 | +179% |
| Total equity and liabilities | 10/49 | €114,948 | €401,005 | +€286,056 | +249% |
| Equity | 10/15 | €111,377 | €361,482 | +€250,105 | +225% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €110,877 | €360,982 | +€250,105 | +226% |
| Distributable reserves | 133 | €110,877 | €360,982 | +€250,105 | +226% |
| Amounts payable | 17/49 | €3,571 | €39,522 | +€35,952 | +1,007% |
| Amounts payable within one year | 42/48 | €3,571 | €39,522 | +€35,952 | +1,007% |
| Financial debts | 43 | €200 | €0 | -€200 | -100% |
| Credit institutions | 430/8 | €200 | €0 | -€200 | -100% |
| Trade debts | 44 | €467 | €4,056 | +€3,589 | +769% |
| Suppliers | 440/4 | €467 | €4,056 | +€3,589 | +769% |
| Taxes, remuneration and social security | 45 | €1,221 | €33,345 | +€32,124 | +2,630% |
| Taxes | 450/3 | €1,221 | €33,345 | +€32,124 | +2,630% |
| Other amounts payable | 47/48 | €1,683 | €2,121 | +€439 | +26.1% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,400 | €2,400 | = | 0.0% |
| Other operating charges | 640/8 | €25 | €150 | +€125 | +500% |
| Gross operating margin | 9900 | €93,182 | €331,045 | +€237,864 | +255% |
| Operating profit (loss) | 9901 | €90,757 | €328,495 | +€237,739 | +262% |
| Financial charges | 65/66B | €54 | €46 | -€8 | -14.7% |
| Recurring financial charges | 65 | €54 | €46 | -€8 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €90,703 | €328,450 | +€237,747 | +262% |
| Income taxes | 67/77 | €19,221 | €78,345 | +€59,124 | +308% |
| Profit (loss) for the period | 9904 | €71,482 | €250,105 | +€178,623 | +250% |
| Profit (loss) for the period to be appropriated | 9905 | €71,482 | €250,105 | +€178,623 | +250% |
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 14 October 2026 via checked.be.