Dr. Simone van der Drift: 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. Simone van der Drift
Largest movements
- Cash -€123,600
down €123,600 (-58.6%), from €210,770 to €87,170
mainly Contributions, distributions and other (-€203,998) and Investment in fixed assets (net) (-€14,124)
- Tangible fixed assets -€3,660
down €3,660 (-5.4%), from €68,243 to €64,583
of which Leasing and similar rights: -€11,953
- Reserves -€111,013
down €111,013 (-54.4%), from €203,998 to €92,985
- Debts after one year -€9,666
down €9,666 (-31.1%), from €31,042 to €21,376
- Accrued charges and deferred income -€5,435
down €5,435 (-100%), from €5,435 to €0
- Trade debts -€3,224
down €3,224 (-49.5%), from €6,517 to €3,293
- Tax, wage and social debts +€3,139
up €3,139 (+14.4%), from €21,810 to €24,949
- Gross operating margin +€12,463
up €12,463 (+10.0%), from €124,866 to €137,329
- Taxes +€2,329
up €2,329 (+10.7%), from €21,810 to €24,139
- Depreciation +€1,472
up €1,472 (+8.9%), from €16,463 to €17,935
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 | €284,877 | €160,821 | -€124,056 | -43.5% |
| Fixed assets | 21/28 | €70,645 | €66,835 | -€3,811 | -5.4% |
| Tangible fixed assets | 22/27 | €68,243 | €64,583 | -€3,660 | -5.4% |
| Land and buildings | 22 | €6,409 | €4,428 | -€1,981 | -30.9% |
| Plant, machinery and equipment | 23 | €6,431 | €4,937 | -€1,494 | -23.2% |
| Furniture and vehicles | 24 | €6,462 | €6,526 | +€64 | +1.0% |
| Leasing and similar rights | 25 | €48,940 | €36,987 | -€11,953 | -24.4% |
| Other tangible fixed assets | 26 | - | €11,705 | +€11,705 | |
| Financial fixed assets | 28 | €2,402 | €2,252 | -€151 | -6.3% |
| Current assets | 29/58 | €214,232 | €93,986 | -€120,246 | -56.1% |
| Amounts receivable within one year | 40/41 | €168 | €801 | +€633 | +377% |
| Trade receivables | 40 | €168 | €801 | +€633 | +377% |
| Cash at bank and in hand | 54/58 | €210,770 | €87,170 | -€123,600 | -58.6% |
| Deferred charges and accrued income | 490/1 | €3,293 | €6,015 | +€2,721 | +82.6% |
| Total equity and liabilities | 10/49 | €284,877 | €160,821 | -€124,056 | -43.5% |
| Equity | 10/15 | €207,998 | €96,985 | -€111,013 | -53.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €203,998 | €92,985 | -€111,013 | -54.4% |
| Distributable reserves | 133 | €203,998 | €92,985 | -€111,013 | -54.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €76,879 | €63,835 | -€13,044 | -17.0% |
| Amounts payable after more than one year | 17 | €31,042 | €21,376 | -€9,666 | -31.1% |
| Financial debts | 170/4 | €31,042 | €21,376 | -€9,666 | -31.1% |
| Amounts payable within one year | 42/48 | €40,403 | €42,459 | +€2,057 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €9,300 | €9,666 | +€366 | +3.9% |
| Trade debts | 44 | €6,517 | €3,293 | -€3,224 | -49.5% |
| Suppliers | 440/4 | €6,517 | €3,293 | -€3,224 | -49.5% |
| Taxes, remuneration and social security | 45 | €21,810 | €24,949 | +€3,139 | +14.4% |
| Taxes | 450/3 | €21,810 | €24,949 | +€3,139 | +14.4% |
| Other amounts payable | 47/48 | €2,776 | €4,551 | +€1,775 | +64.0% |
| Accrued charges and deferred income | 492/3 | €5,435 | €0 | -€5,435 | -100% |
| Non-recurring operating income | 76A | - | €7,039 | +€7,039 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,463 | €17,935 | +€1,472 | +8.9% |
| Other operating charges | 640/8 | €456 | €866 | +€410 | +89.9% |
| Gross operating margin | 9900 | €124,866 | €137,329 | +€12,463 | +10.0% |
| Operating profit (loss) | 9901 | €107,946 | €118,528 | +€10,582 | +9.8% |
| Financial income | 75/76B | €1 | €4 | +€3 | +242% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +242% |
| Financial charges | 65/66B | €1,572 | €1,407 | -€164 | -10.5% |
| Recurring financial charges | 65 | €1,572 | €1,407 | -€164 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €106,376 | €117,125 | +€10,749 | +10.1% |
| Income taxes | 67/77 | €21,810 | €24,139 | +€2,329 | +10.7% |
| Profit (loss) for the period | 9904 | €84,566 | €92,985 | +€8,419 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €84,566 | €92,985 | +€8,419 | +10.0% |
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 17 October 2026 via checked.be.