DR. T. LEBON: what changed
What changed
DR. T. LEBON
NACE 72.200, Scientific research and development
filed annual accounts (NBB)
Net result for the year
€63,735
2024 · -€417,619+€481,354
Equity
€286,811
2024 · €223,076+€63,735
Cash
€3,969
2024 · €411+€3,558
Balance sheet total
€369,734
2024 · €379,912-€10,179
Largest movements
Assets
- Tangible fixed assets -€21,538
down €21,538 (-5.9%), from €366,728 to €345,190
of which Land and buildings: -€19,904
- Receivables within one year +€5,402
up €5,402 (+49.7%), from €10,867 to €16,269
Equity and liabilities
- Other debts -€83,005
down €83,005 (-59.1%), from €140,343 to €57,338
- Reserves +€63,735
up €63,735 (+30.3%), from €210,397 to €274,132
of which Distributable reserves: +€63,735
- Trade debts +€9,315
up €9,315 (+278%), from €3,349 to €12,664
Income statement
- Financial charges -€123,567
down €123,567 (-90.7%), from €136,297 to €12,730
of which Non-recurring financial charges: -€120,033
- Gross operating margin -€40,547
down €40,547 (-26.6%), from €152,410 to €111,863
- Taxes +€7,514
up €7,514 (+397%), from €1,894 to €9,408
- Other operating charges -€4,662
down €4,662 (-60.6%), from €7,689 to €3,027
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€417,619
Gross operating margin
-€40,547
Depreciation
-€825
Other operating charges
+€4,662
Other operating items
+€401,991
Financial income
+€18
Financial charges
+€123,567
Taxes
-€7,514
Result 2025
€63,735
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€3,129
Investment
-€1,480
Financing
+€1,909
Cash 2024
€411
From operations (derived)
+€3,129
Net result for the year
+€63,735
Depreciation
+€23,018
Receivables within one year
-€5,402
Deferred charges and accrued income
-€2,400
Trade debts
+€9,315
Tax, wage and social debts
-€2,132
Other debts
-€83,005
Investment (derived)
-€1,480
Investment in fixed assets (net)
-€1,480
Financing
+€1,909
Short-term financial debts
+€1,909
Cash 2025
€3,969
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €379,912 | €369,734 | -€10,179 | -2.7% |
| Fixed assets | 21/28 | €368,634 | €347,096 | -€21,538 | -5.8% |
| Tangible fixed assets | 22/27 | €366,728 | €345,190 | -€21,538 | -5.9% |
| Land and buildings | 22 | €348,910 | €329,007 | -€19,904 | -5.7% |
| Plant, machinery and equipment | 23 | €4,037 | €4,523 | +€487 | +12.1% |
| Furniture and vehicles | 24 | €13,782 | €11,661 | -€2,121 | -15.4% |
| Financial fixed assets | 28 | €1,906 | €1,906 | = | 0.0% |
| Current assets | 29/58 | €11,278 | €22,637 | +€11,360 | +101% |
| Amounts receivable within one year | 40/41 | €10,867 | €16,269 | +€5,402 | +49.7% |
| Other amounts receivable | 41 | €10,867 | €16,269 | +€5,402 | +49.7% |
| Cash at bank and in hand | 54/58 | €411 | €3,969 | +€3,558 | +866% |
| Deferred charges and accrued income | 490/1 | - | €2,400 | +€2,400 | |
| Total equity and liabilities | 10/49 | €379,912 | €369,734 | -€10,179 | -2.7% |
| Equity | 10/15 | €223,076 | €286,811 | +€63,735 | +28.6% |
| Contributions | 10/11 | €12,679 | €12,679 | = | 0.0% |
| Reserves | 13 | €210,397 | €274,132 | +€63,735 | +30.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €210,397 | €274,132 | +€63,735 | +30.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €156,836 | €82,922 | -€73,913 | -47.1% |
| Amounts payable within one year | 42/48 | €156,836 | €82,922 | -€73,913 | -47.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €8,683 | €10,592 | +€1,909 | +22.0% |
| Credit institutions | 430/8 | €8,683 | €10,592 | +€1,909 | +22.0% |
| Trade debts | 44 | €3,349 | €12,664 | +€9,315 | +278% |
| Suppliers | 440/4 | €3,349 | €12,664 | +€9,315 | +278% |
| Taxes, remuneration and social security | 45 | €4,461 | €2,329 | -€2,132 | -47.8% |
| Taxes | 450/3 | €4,461 | €2,329 | -€2,132 | -47.8% |
| Other amounts payable | 47/48 | €140,343 | €57,338 | -€83,005 | -59.1% |
| Non-recurring operating income | 76A | - | €7,428 | +€7,428 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,194 | €23,018 | +€825 | +3.7% |
| Other operating charges | 640/8 | €7,689 | €3,027 | -€4,662 | -60.6% |
| Non-recurring operating charges | 66A | €401,991 | €0 | -€401,991 | -100% |
| Gross operating margin | 9900 | €152,410 | €111,863 | -€40,547 | -26.6% |
| Operating profit (loss) | 9901 | -€279,464 | €85,818 | +€365,281 | |
| Financial income | 75/76B | €36 | €54 | +€18 | +51.2% |
| Recurring financial income | 75 | €36 | €54 | +€18 | +51.2% |
| Financial charges | 65/66B | €136,297 | €12,730 | -€123,567 | -90.7% |
| Recurring financial charges | 65 | €16,264 | €12,730 | -€3,534 | -21.7% |
| Non-recurring financial charges | 66B | €120,033 | €0 | -€120,033 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€415,725 | €73,142 | +€488,867 | |
| Income taxes | 67/77 | €1,894 | €9,408 | +€7,514 | +397% |
| Profit (loss) for the period | 9904 | -€417,619 | €63,735 | +€481,354 | |
| Transfer from tax-exempt reserves | 789 | €4,259 | €0 | -€4,259 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€413,360 | €63,735 | +€477,095 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.