DR T'SEYEN PETER: what changed
DR T'SEYEN PETER
Largest movements
- Receivables within one year +€25,271
up €25,271 (+11.6%), from €217,748 to €243,020
- Cash -€16,938
down €16,938 (-18.9%), from €89,468 to €72,529
mainly Contributions, distributions and other (-€69,684) and Receivables within one year (-€25,271)
- Tangible fixed assets -€8,825
down €8,825 (-24.5%), from €35,956 to €27,132
of which Furniture and vehicles: -€12,707
- Reserves -€5,817
down €5,817 (-1.8%), from €315,171 to €309,354
- Gross operating margin +€20,244
up €20,244 (+18.7%), from €108,053 to €128,296
- Financial income +€11,607
up €11,607 (+58,035,850%), from €0 to €11,607
- Taxes +€8,079
up €8,079 (+35.2%), from €22,967 to €31,045
- Other operating charges -€3,736
down €3,736 (-79.8%), from €4,682 to €946
- Depreciation +€2,197
up €2,197 (+14.7%), from €14,898 to €17,094
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €343,172 | €342,681 | -€491 | -0.1% |
| Fixed assets | 21/28 | €35,956 | €27,132 | -€8,825 | -24.5% |
| Tangible fixed assets | 22/27 | €35,956 | €27,132 | -€8,825 | -24.5% |
| Plant, machinery and equipment | 23 | €5,646 | €9,528 | +€3,883 | +68.8% |
| Furniture and vehicles | 24 | €30,311 | €17,603 | -€12,707 | -41.9% |
| Current assets | 29/58 | €307,216 | €315,549 | +€8,333 | +2.7% |
| Amounts receivable within one year | 40/41 | €217,748 | €243,020 | +€25,271 | +11.6% |
| Other amounts receivable | 41 | €217,748 | €243,020 | +€25,271 | +11.6% |
| Cash at bank and in hand | 54/58 | €89,468 | €72,529 | -€16,938 | -18.9% |
| Total equity and liabilities | 10/49 | €343,172 | €342,681 | -€491 | -0.1% |
| Equity | 10/15 | €327,571 | €321,754 | -€5,817 | -1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €315,171 | €309,354 | -€5,817 | -1.8% |
| Distributable reserves | 133 | €315,171 | €309,354 | -€5,817 | -1.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,601 | €20,927 | +€5,326 | +34.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €15,601 | €20,927 | +€5,326 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | €7,194 | €10,093 | +€2,899 | +40.3% |
| Trade debts | 44 | €2,183 | €3,474 | +€1,291 | +59.1% |
| Suppliers | 440/4 | €2,183 | €3,474 | +€1,291 | +59.1% |
| Taxes, remuneration and social security | 45 | €6,224 | €7,360 | +€1,136 | +18.3% |
| Taxes | 450/3 | €0 | €1,045 | +€1,045 | |
| Remuneration and social security | 454/9 | €6,224 | €6,315 | +€91 | +1.5% |
| Remuneration, social security and pensions | 62 | €27,068 | €26,279 | -€789 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,898 | €17,094 | +€2,197 | +14.7% |
| Other operating charges | 640/8 | €4,682 | €946 | -€3,736 | -79.8% |
| Gross operating margin | 9900 | €108,053 | €128,296 | +€20,244 | +18.7% |
| Operating profit (loss) | 9901 | €61,406 | €83,977 | +€22,571 | +36.8% |
| Financial income | 75/76B | €0 | €11,607 | +€11,607 | +58,035,850% |
| Recurring financial income | 75 | €0 | €11,607 | +€11,607 | +58,035,850% |
| Financial charges | 65/66B | €1,014 | €672 | -€342 | -33.7% |
| Recurring financial charges | 65 | €1,014 | €672 | -€342 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €60,392 | €94,912 | +€34,520 | +57.2% |
| Income taxes | 67/77 | €22,967 | €31,045 | +€8,079 | +35.2% |
| Profit (loss) for the period | 9904 | €37,425 | €63,867 | +€26,441 | +70.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,425 | €63,867 | +€26,441 | +70.7% |
Next steps
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 6 November 2026 via checked.be.