Dr. Sam Depypere: 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. Sam Depypere
Largest movements
- Cash +€53,315
up €53,315 (+137%), from €38,905 to €92,219
mainly Net result for the year (+€73,467) and Deferred charges and accrued income (+€5,721)
- Tangible fixed assets +€8,668
up €8,668 (+627%), from €1,382 to €10,050
of which Furniture and vehicles: +€7,627
- Deferred charges and accrued income -€5,721
down €5,721 (-31.9%), from €17,932 to €12,211
- Receivables within one year -€5,118
down €5,118 (-11.6%), from €43,985 to €38,867
- Reserves +€73,467
up €73,467 (+154%), from €47,558 to €121,025
- Other debts -€28,220
down €28,220 (-78.2%), from €36,083 to €7,862
- Tax, wage and social debts +€5,525
up €5,525 (+39.5%), from €13,995 to €19,520
- Gross operating margin +€34,849
up €34,849 (+56.0%), from €62,215 to €97,064
- Taxes +€5,230
up €5,230 (+37.4%), from €13,995 to €19,225
- Financial charges +€2,682
up €2,682 (+17,029%), from €16 to €2,698
- Depreciation +€1,375
up €1,375 (+213%), from €647 to €2,022
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 | €102,203 | €153,347 | +€51,143 | +50.0% |
| Fixed assets | 21/28 | €1,382 | €10,050 | +€8,668 | +627% |
| Tangible fixed assets | 22/27 | €1,382 | €10,050 | +€8,668 | +627% |
| Plant, machinery and equipment | 23 | €1,382 | €2,423 | +€1,041 | +75.3% |
| Furniture and vehicles | 24 | - | €7,627 | +€7,627 | |
| Current assets | 29/58 | €100,821 | €143,297 | +€42,475 | +42.1% |
| Amounts receivable within one year | 40/41 | €43,985 | €38,867 | -€5,118 | -11.6% |
| Trade receivables | 40 | €43,985 | €38,867 | -€5,118 | -11.6% |
| Cash at bank and in hand | 54/58 | €38,905 | €92,219 | +€53,315 | +137% |
| Deferred charges and accrued income | 490/1 | €17,932 | €12,211 | -€5,721 | -31.9% |
| Total equity and liabilities | 10/49 | €102,203 | €153,347 | +€51,143 | +50.0% |
| Equity | 10/15 | €48,558 | €122,025 | +€73,467 | +151% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €47,558 | €121,025 | +€73,467 | +154% |
| Distributable reserves | 133 | €47,558 | €121,025 | +€73,467 | +154% |
| Amounts payable | 17/49 | €53,645 | €31,322 | -€22,323 | -41.6% |
| Amounts payable within one year | 42/48 | €52,800 | €30,278 | -€22,523 | -42.7% |
| Trade debts | 44 | €2,723 | €2,895 | +€172 | +6.3% |
| Suppliers | 440/4 | €2,723 | €2,895 | +€172 | +6.3% |
| Taxes, remuneration and social security | 45 | €13,995 | €19,520 | +€5,525 | +39.5% |
| Taxes | 450/3 | €13,995 | €19,520 | +€5,525 | +39.5% |
| Other amounts payable | 47/48 | €36,083 | €7,862 | -€28,220 | -78.2% |
| Accrued charges and deferred income | 492/3 | €845 | €1,044 | +€199 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €647 | €2,022 | +€1,375 | +213% |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | €62,215 | €97,064 | +€34,849 | +56.0% |
| Operating profit (loss) | 9901 | €61,568 | €94,916 | +€33,348 | +54.2% |
| Financial income | 75/76B | - | €474 | +€474 | |
| Recurring financial income | 75 | - | €474 | +€474 | |
| Financial charges | 65/66B | €16 | €2,698 | +€2,682 | +17,029% |
| Recurring financial charges | 65 | €16 | €2,698 | +€2,682 | +17,029% |
| Profit (loss) for the period before taxes | 9903 | €61,552 | €92,692 | +€31,139 | +50.6% |
| Income taxes | 67/77 | €13,995 | €19,225 | +€5,230 | +37.4% |
| Profit (loss) for the period | 9904 | €47,558 | €73,467 | +€25,909 | +54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,558 | €73,467 | +€25,909 | +54.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.