Dr. Tanghe L.V.: what changed
Dr. Tanghe L.V.
Largest movements
- Current investments +€400,000
up €400,000 (+81.9%), from €488,191 to €888,191
- Cash -€344,507
down €344,507 (-89.2%), from €386,433 to €41,927
mainly Current investments (-€400,000) and Contributions, distributions and other (-€105,882)
- Tangible fixed assets +€19,949
up €19,949 (+152%), from €13,120 to €33,069
of which Furniture and vehicles: +€19,205
- Reserves +€79,987
up €79,987 (+9.4%), from €846,802 to €926,788
- Other debts -€18,957
down €18,957 (-96.1%), from €19,730 to €773
- Tax, wage and social debts +€17,662
up €17,662 (+322%), from €5,486 to €23,148
- Gross operating margin +€41,713
up €41,713 (+20.7%), from €201,420 to €243,133
- Taxes +€11,003
up €11,003 (+23.8%), from €46,282 to €57,285
- Financial income +€6,606
up €6,606 (+241%), from €2,744 to €9,350
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €891,050 | €969,493 | +€78,443 | +8.8% |
| Fixed assets | 21/28 | €13,120 | €33,069 | +€19,949 | +152% |
| Tangible fixed assets | 22/27 | €13,120 | €33,069 | +€19,949 | +152% |
| Plant, machinery and equipment | 23 | €2,543 | €4,653 | +€2,111 | +83.0% |
| Furniture and vehicles | 24 | - | €19,205 | +€19,205 | |
| Other tangible fixed assets | 26 | €10,577 | €9,211 | -€1,366 | -12.9% |
| Current assets | 29/58 | €877,931 | €936,425 | +€58,494 | +6.7% |
| Current investments | 50/53 | €488,191 | €888,191 | +€400,000 | +81.9% |
| Cash at bank and in hand | 54/58 | €386,433 | €41,927 | -€344,507 | -89.2% |
| Deferred charges and accrued income | 490/1 | €3,306 | €6,306 | +€3,000 | +90.8% |
| Total equity and liabilities | 10/49 | €891,050 | €969,493 | +€78,443 | +8.8% |
| Equity | 10/15 | €865,402 | €945,388 | +€79,987 | +9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €846,802 | €926,788 | +€79,987 | +9.4% |
| Distributable reserves | 133 | €846,802 | €926,788 | +€79,987 | +9.4% |
| Amounts payable | 17/49 | €25,649 | €24,105 | -€1,544 | -6.0% |
| Amounts payable within one year | 42/48 | €25,649 | €24,105 | -€1,544 | -6.0% |
| Trade debts | 44 | €433 | €184 | -€249 | -57.4% |
| Suppliers | 440/4 | €433 | €184 | -€249 | -57.4% |
| Taxes, remuneration and social security | 45 | €5,486 | €23,148 | +€17,662 | +322% |
| Taxes | 450/3 | €5,486 | €23,148 | +€17,662 | +322% |
| Other amounts payable | 47/48 | €19,730 | €773 | -€18,957 | -96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,955 | €4,245 | +€2,291 | +117% |
| Other operating charges | 640/8 | €599 | €505 | -€94 | -15.7% |
| Gross operating margin | 9900 | €201,420 | €243,133 | +€41,713 | +20.7% |
| Operating profit (loss) | 9901 | €198,866 | €238,382 | +€39,516 | +19.9% |
| Financial income | 75/76B | €2,744 | €9,350 | +€6,606 | +241% |
| Recurring financial income | 75 | €2,744 | €9,350 | +€6,606 | +241% |
| Financial charges | 65/66B | €2,273 | €4,578 | +€2,305 | +101% |
| Recurring financial charges | 65 | €2,273 | €4,578 | +€2,305 | +101% |
| Profit (loss) for the period before taxes | 9903 | €199,337 | €243,154 | +€43,817 | +22.0% |
| Income taxes | 67/77 | €46,282 | €57,285 | +€11,003 | +23.8% |
| Profit (loss) for the period | 9904 | €153,055 | €185,869 | +€32,814 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €153,055 | €185,869 | +€32,814 | +21.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.