Dr. Robbe Sebrechts: 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. Robbe Sebrechts
Largest movements
- Cash +€100,885
up €100,885 (+7,399%), from €1,364 to €102,249
mainly Net result for the year (+€93,183) and Tax, wage and social debts (+€23,533)
- Deferred charges and accrued income +€13,200
new in 2025: €13,200
- Tangible fixed assets +€2,654
new in 2025: €2,654
- Reserves +€89,089
new in 2025: €89,089
- Tax, wage and social debts +€23,533
new in 2025: €23,533
- Profit (loss) carried forward +€3,261
no longer reported in 2025 (was -€3,261)
- Gross operating margin +€120,280
up €120,280, from -€3,258 to €117,023
- Taxes +€23,533
new in 2025: €23,533
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 | €1,364 | €118,103 | +€116,739 | +8,561% |
| Fixed assets | 21/28 | - | €2,654 | +€2,654 | |
| Tangible fixed assets | 22/27 | - | €2,654 | +€2,654 | |
| Plant, machinery and equipment | 23 | - | €2,654 | +€2,654 | |
| Current assets | 29/58 | €1,364 | €115,449 | +€114,085 | +8,367% |
| Cash at bank and in hand | 54/58 | €1,364 | €102,249 | +€100,885 | +7,399% |
| Deferred charges and accrued income | 490/1 | - | €13,200 | +€13,200 | |
| Total equity and liabilities | 10/49 | €1,364 | €118,103 | +€116,739 | +8,561% |
| Equity | 10/15 | -€261 | €92,089 | +€92,350 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €89,089 | +€89,089 | |
| Distributable reserves | 133 | - | €89,089 | +€89,089 | |
| Profit (loss) carried forward | 14 | -€3,261 | - | +€3,261 | |
| Amounts payable | 17/49 | €1,625 | €26,014 | +€24,389 | +1,501% |
| Amounts payable within one year | 42/48 | €1,625 | €26,014 | +€24,389 | +1,501% |
| Trade debts | 44 | - | €853 | +€853 | |
| Suppliers | 440/4 | - | €853 | +€853 | |
| Taxes, remuneration and social security | 45 | - | €23,533 | +€23,533 | |
| Taxes | 450/3 | - | €23,533 | +€23,533 | |
| Other amounts payable | 47/48 | €1,625 | €1,627 | +€2 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €92 | +€92 | |
| Other operating charges | 640/8 | - | €169 | +€169 | |
| Gross operating margin | 9900 | -€3,258 | €117,023 | +€120,280 | |
| Operating profit (loss) | 9901 | -€3,258 | €116,762 | +€120,019 | |
| Financial charges | 65/66B | €4 | €45 | +€41 | +1,100% |
| Recurring financial charges | 65 | €4 | €45 | +€41 | +1,100% |
| Profit (loss) for the period before taxes | 9903 | -€3,261 | €116,717 | +€119,978 | |
| Income taxes | 67/77 | - | €23,533 | +€23,533 | |
| Profit (loss) for the period | 9904 | -€3,261 | €93,183 | +€96,445 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,261 | €93,183 | +€96,445 |
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 13 October 2026 via checked.be.