Dr. Samoy Katrien: 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. Samoy Katrien
Largest movements
- Cash -€26,639
down €26,639 (-38.4%), from €69,423 to €42,783
mainly Other debts (-€114,290) and Current investments (-€20,000)
- Receivables within one year -€21,299
down €21,299 (-37.3%), from €57,122 to €35,823
of which Trade receivables: -€22,940
- Current investments +€20,000
up €20,000 (+199%), from €10,062 to €30,062
- Tangible fixed assets -€1,601
down €1,601 (-15.1%), from €10,585 to €8,984
of which Furniture and vehicles: -€1,461
- Other debts -€114,290
down €114,290 (-93.2%), from €122,567 to €8,277
- Profit (loss) carried forward +€88,000
up €88,000, from €0 to €88,000
- Tax, wage and social debts -€3,171
down €3,171 (-85.1%), from €3,725 to €554
- Gross operating margin -€4,803
down €4,803 (-3.9%), from €124,744 to €119,941
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 | €148,441 | €118,899 | -€29,542 | -19.9% |
| Fixed assets | 21/28 | €10,585 | €8,984 | -€1,601 | -15.1% |
| Tangible fixed assets | 22/27 | €10,585 | €8,984 | -€1,601 | -15.1% |
| Plant, machinery and equipment | 23 | €167 | €27 | -€140 | -83.7% |
| Furniture and vehicles | 24 | €10,418 | €8,957 | -€1,461 | -14.0% |
| Current assets | 29/58 | €137,856 | €109,915 | -€27,941 | -20.3% |
| Amounts receivable within one year | 40/41 | €57,122 | €35,823 | -€21,299 | -37.3% |
| Trade receivables | 40 | €57,122 | €34,182 | -€22,940 | -40.2% |
| Other amounts receivable | 41 | €0 | €1,641 | +€1,641 | |
| Current investments | 50/53 | €10,062 | €30,062 | +€20,000 | +199% |
| Cash at bank and in hand | 54/58 | €69,423 | €42,783 | -€26,639 | -38.4% |
| Deferred charges and accrued income | 490/1 | €1,249 | €1,246 | -€3 | -0.2% |
| Total equity and liabilities | 10/49 | €148,441 | €118,899 | -€29,542 | -19.9% |
| Equity | 10/15 | €20,460 | €108,460 | +€88,000 | +430% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €88,000 | +€88,000 | |
| Amounts payable | 17/49 | €127,981 | €10,439 | -€117,542 | -91.8% |
| Amounts payable within one year | 42/48 | €126,340 | €9,175 | -€117,166 | -92.7% |
| Trade debts | 44 | €49 | €344 | +€295 | +602% |
| Suppliers | 440/4 | €49 | €344 | +€295 | +602% |
| Taxes, remuneration and social security | 45 | €3,725 | €554 | -€3,171 | -85.1% |
| Taxes | 450/3 | €3,725 | €554 | -€3,171 | -85.1% |
| Other amounts payable | 47/48 | €122,567 | €8,277 | -€114,290 | -93.2% |
| Accrued charges and deferred income | 492/3 | €1,641 | €1,264 | -€377 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,414 | €4,192 | -€221 | -5.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €14 | €0 | -€14 | -100% |
| Gross operating margin | 9900 | €124,744 | €119,941 | -€4,803 | -3.9% |
| Operating profit (loss) | 9901 | €119,929 | €115,349 | -€4,580 | -3.8% |
| Financial income | 75/76B | €394 | €947 | +€553 | +140% |
| Recurring financial income | 75 | €394 | €947 | +€553 | +140% |
| Financial charges | 65/66B | €1,684 | €1,317 | -€367 | -21.8% |
| Recurring financial charges | 65 | €1,684 | €1,317 | -€367 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €118,639 | €114,978 | -€3,660 | -3.1% |
| Income taxes | 67/77 | €25,843 | €24,643 | -€1,200 | -4.6% |
| Profit (loss) for the period | 9904 | €92,796 | €90,335 | -€2,461 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €92,796 | €90,335 | -€2,461 | -2.7% |
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 25 October 2026 via checked.be.