DR. SOFIE DEPOORTERE: 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. SOFIE DEPOORTERE
Largest movements
- Cash +€115,008
up €115,008 (+173.8%), from €66,183 to €181,191
mainly Net result for the year (+€117,486) and Tax, wage and social debts (+€13,802)
- Deferred charges and accrued income +€16,710
up €16,710 (+27.0%), from €61,954 to €78,664
- Tangible fixed assets -€9,444
down €9,444 (-22.2%), from €42,594 to €33,150
- Reserves +€117,486
up €117,486 (+83.4%), from €140,914 to €258,400
- Tax, wage and social debts +€13,802
up €13,802 (+70.9%), from €19,467 to €33,269
- Other debts -€5,882
down €5,882 (-100.0%), from €5,882 to €0
- Gross operating margin +€57,476
up €57,476 (+55.1%), from €104,309 to €161,784
- Taxes +€14,052
up €14,052 (+73.1%), from €19,217 to €33,269
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.
Cash bridge derived
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 | €170,731 | €294,747 | +€124,017 | +72.6% |
| Fixed assets | 21/28 | €42,594 | €33,150 | -€9,444 | -22.2% |
| Tangible fixed assets | 22/27 | €42,594 | €33,150 | -€9,444 | -22.2% |
| Furniture and vehicles | 24 | €42,594 | €33,150 | -€9,444 | -22.2% |
| Current assets | 29/58 | €128,137 | €261,597 | +€133,461 | +104.2% |
| Amounts receivable within one year | 40/41 | - | €1,743 | +€1,743 | |
| Other amounts receivable | 41 | - | €1,743 | +€1,743 | |
| Cash at bank and in hand | 54/58 | €66,183 | €181,191 | +€115,008 | +173.8% |
| Deferred charges and accrued income | 490/1 | €61,954 | €78,664 | +€16,710 | +27.0% |
| Total equity and liabilities | 10/49 | €170,731 | €294,747 | +€124,017 | +72.6% |
| Equity | 10/15 | €143,914 | €261,400 | +€117,486 | +81.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €140,914 | €258,400 | +€117,486 | +83.4% |
| Distributable reserves | 133 | €140,914 | €258,400 | +€117,486 | +83.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,817 | €33,348 | +€6,531 | +24.4% |
| Amounts payable within one year | 42/48 | €26,817 | €33,348 | +€6,531 | +24.4% |
| Trade debts | 44 | €1,468 | €79 | -€1,389 | -94.6% |
| Suppliers | 440/4 | €1,468 | €79 | -€1,389 | -94.6% |
| Taxes, remuneration and social security | 45 | €19,467 | €33,269 | +€13,802 | +70.9% |
| Taxes | 450/3 | €19,467 | €33,269 | +€13,802 | +70.9% |
| Other amounts payable | 47/48 | €5,882 | €0 | -€5,882 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,602 | €10,943 | +€341 | +3.2% |
| Gross operating margin | 9900 | €104,309 | €161,784 | +€57,476 | +55.1% |
| Operating profit (loss) | 9901 | €93,706 | €150,841 | +€57,135 | +61.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €68 | €86 | +€19 | +27.3% |
| Recurring financial charges | 65 | €68 | €86 | +€19 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €93,638 | €150,755 | +€57,116 | +61.0% |
| Income taxes | 67/77 | €19,217 | €33,269 | +€14,052 | +73.1% |
| Profit (loss) for the period | 9904 | €74,421 | €117,486 | +€43,065 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €74,421 | €117,486 | +€43,065 | +57.9% |
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 12 October 2026 via checked.be.