Dr. Rosina Dewaide: 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. Rosina Dewaide
Largest movements
- Cash +€99,728
up €99,728 (+163%), from €61,186 to €160,914
mainly Net result for the year (+€130,295) and Tax, wage and social debts (+€24,905)
- Deferred charges and accrued income +€57,935
up €57,935 (+2,342%), from €2,474 to €60,408
- Reserves +€130,295
up €130,295 (+267%), from €48,847 to €179,142
- Tax, wage and social debts +€24,905
up €24,905 (+180%), from €13,807 to €38,711
- Gross operating margin +€114,135
up €114,135 (+206%), from €55,288 to €169,423
- Taxes +€26,495
up €26,495 (+228%), from €11,616 to €38,111
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 | €69,099 | €223,901 | +€154,801 | +224% |
| Fixed assets | 21/28 | €3,586 | €2,578 | -€1,008 | -28.1% |
| Tangible fixed assets | 22/27 | €3,586 | €2,578 | -€1,008 | -28.1% |
| Furniture and vehicles | 24 | €3,586 | €2,578 | -€1,008 | -28.1% |
| Current assets | 29/58 | €65,514 | €221,323 | +€155,809 | +238% |
| Amounts receivable within one year | 40/41 | €1,854 | - | -€1,854 | |
| Trade receivables | 40 | €1,854 | - | -€1,854 | |
| Cash at bank and in hand | 54/58 | €61,186 | €160,914 | +€99,728 | +163% |
| Deferred charges and accrued income | 490/1 | €2,474 | €60,408 | +€57,935 | +2,342% |
| Total equity and liabilities | 10/49 | €69,099 | €223,901 | +€154,801 | +224% |
| Equity | 10/15 | €51,847 | €182,142 | +€130,295 | +251% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €48,847 | €179,142 | +€130,295 | +267% |
| Distributable reserves | 133 | €48,847 | €179,142 | +€130,295 | +267% |
| Amounts payable | 17/49 | €17,253 | €41,759 | +€24,506 | +142% |
| Amounts payable within one year | 42/48 | €17,253 | €41,759 | +€24,506 | +142% |
| Trade debts | 44 | - | €417 | +€417 | |
| Suppliers | 440/4 | - | €417 | +€417 | |
| Taxes, remuneration and social security | 45 | €13,807 | €38,711 | +€24,905 | +180% |
| Taxes | 450/3 | €13,807 | €38,711 | +€24,905 | +180% |
| Other amounts payable | 47/48 | €3,446 | €2,630 | -€816 | -23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €634 | €1,008 | +€374 | +59.0% |
| Other operating charges | 640/8 | €118 | - | -€118 | |
| Gross operating margin | 9900 | €55,288 | €169,423 | +€114,135 | +206% |
| Operating profit (loss) | 9901 | €54,536 | €168,415 | +€113,879 | +209% |
| Financial income | 75/76B | €111 | €132 | +€21 | +18.7% |
| Recurring financial income | 75 | €111 | €132 | +€21 | +18.7% |
| Financial charges | 65/66B | €126 | €141 | +€14 | +11.3% |
| Recurring financial charges | 65 | €126 | €141 | +€14 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €54,521 | €168,407 | +€113,886 | +209% |
| Income taxes | 67/77 | €11,616 | €38,111 | +€26,495 | +228% |
| Profit (loss) for the period | 9904 | €42,904 | €130,295 | +€87,391 | +204% |
| Profit (loss) for the period to be appropriated | 9905 | €42,904 | €130,295 | +€87,391 | +204% |
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 24 October 2026 via checked.be.