DR. SOFIE GADEYNE, KINDERARTS: 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 GADEYNE, KINDERARTS
Largest movements
- Intangible fixed assets -€61,000
down €61,000 (-14.3%), from €427,000 to €366,000
- Cash +€55,949
up €55,949 (+75.7%), from €73,901 to €129,851
mainly Depreciation (+€69,000) and Current investments (+€40,000)
- Current investments -€40,000
down €40,000 (-61.5%), from €64,999 to €24,999
- Receivables within one year -€15,262
down €15,262 (-31.6%), from €48,258 to €32,996
- Tangible fixed assets -€8,000
down €8,000 (-50.0%), from €16,000 to €8,000
of which Plant, machinery and equipment: -€7,800
- Debts after one year -€63,964
down €63,964 (-15.1%), from €424,934 to €360,971
- Reserves -€31,016
down €31,016 (-24.6%), from €126,110 to €95,094
- Other debts +€31,016
new in 2025: €31,016
- Gross operating margin -€13,778
down €13,778 (-15.9%), from €86,417 to €72,639
- Taxes -€2,133
down €2,133 (-99.3%), from €2,147 to €14
- Financial income +€1,638
up €1,638 (+340%), from €482 to €2,120
- Financial charges -€1,197
down €1,197 (-11.8%), from €10,159 to €8,962
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 | €631,491 | €564,264 | -€67,228 | -10.6% |
| Fixed assets | 21/28 | €443,000 | €374,000 | -€69,000 | -15.6% |
| Intangible fixed assets | 21 | €427,000 | €366,000 | -€61,000 | -14.3% |
| Tangible fixed assets | 22/27 | €16,000 | €8,000 | -€8,000 | -50.0% |
| Plant, machinery and equipment | 23 | €15,600 | €7,800 | -€7,800 | -50.0% |
| Furniture and vehicles | 24 | €400 | €200 | -€200 | -50.0% |
| Current assets | 29/58 | €188,491 | €190,264 | +€1,772 | +0.9% |
| Amounts receivable within one year | 40/41 | €48,258 | €32,996 | -€15,262 | -31.6% |
| Other amounts receivable | 41 | €48,258 | €32,996 | -€15,262 | -31.6% |
| Current investments | 50/53 | €64,999 | €24,999 | -€40,000 | -61.5% |
| Cash at bank and in hand | 54/58 | €73,901 | €129,851 | +€55,949 | +75.7% |
| Deferred charges and accrued income | 490/1 | €1,333 | €2,418 | +€1,085 | +81.4% |
| Total equity and liabilities | 10/49 | €631,491 | €564,264 | -€67,228 | -10.6% |
| Equity | 10/15 | €137,535 | €102,613 | -€34,921 | -25.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €126,110 | €95,094 | -€31,016 | -24.6% |
| Distributable reserves | 133 | €126,110 | €95,094 | -€31,016 | -24.6% |
| Profit (loss) carried forward | 14 | €4,924 | €1,019 | -€3,905 | -79.3% |
| Amounts payable | 17/49 | €493,957 | €461,650 | -€32,306 | -6.5% |
| Amounts payable after more than one year | 17 | €424,934 | €360,971 | -€63,964 | -15.1% |
| Financial debts | 170/4 | €424,934 | €360,971 | -€63,964 | -15.1% |
| Amounts payable within one year | 42/48 | €69,022 | €100,680 | +€31,658 | +45.9% |
| Current portion of amounts payable after more than one year | 42 | €62,840 | €63,964 | +€1,124 | +1.8% |
| Trade debts | 44 | €483 | - | -€483 | |
| Suppliers | 440/4 | €483 | - | -€483 | |
| Taxes, remuneration and social security | 45 | €5,700 | €5,700 | = | 0.0% |
| Taxes | 450/3 | €2,120 | €2,120 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,580 | €3,580 | = | 0.0% |
| Other amounts payable | 47/48 | - | €31,016 | +€31,016 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,000 | €69,000 | = | 0.0% |
| Other operating charges | 640/8 | €668 | €688 | +€20 | +2.9% |
| Gross operating margin | 9900 | €86,417 | €72,639 | -€13,778 | -15.9% |
| Operating profit (loss) | 9901 | €16,749 | €2,951 | -€13,798 | -82.4% |
| Financial income | 75/76B | €482 | €2,120 | +€1,638 | +340% |
| Recurring financial income | 75 | €482 | €2,120 | +€1,638 | +340% |
| Financial charges | 65/66B | €10,159 | €8,962 | -€1,197 | -11.8% |
| Recurring financial charges | 65 | €10,159 | €8,962 | -€1,197 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €7,072 | -€3,891 | -€10,963 | |
| Income taxes | 67/77 | €2,147 | €14 | -€2,133 | -99.3% |
| Profit (loss) for the period | 9904 | €4,924 | -€3,905 | -€8,830 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,924 | -€3,905 | -€8,830 |
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 14 October 2026 via checked.be.