Dr. Thomas Acke: what changed
Dr. Thomas Acke
Largest movements
- Cash +€118,711
up €118,711 (+85.1%), from €139,497 to €258,208
mainly Net result for the year (+€112,188) and Deferred charges and accrued income (+€5,961)
- Deferred charges and accrued income -€5,961
down €5,961 (-35.6%), from €16,753 to €10,792
- Tangible fixed assets +€2,723
new in 2025: €2,723
of which Furniture and vehicles: +€1,650
- Reserves +€112,188
up €112,188 (+94.8%), from €118,388 to €230,576
- Trade debts +€3,430
up €3,430 (+264%), from €1,302 to €4,731
- Gross operating margin -€7,529
down €7,529 (-4.9%), from €152,314 to €144,785
- Taxes -€1,833
down €1,833 (-5.6%), from €33,000 to €31,167
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 | €158,249 | €271,973 | +€113,724 | +71.9% |
| Fixed assets | 21/28 | - | €2,723 | +€2,723 | |
| Tangible fixed assets | 22/27 | - | €2,723 | +€2,723 | |
| Plant, machinery and equipment | 23 | - | €1,073 | +€1,073 | |
| Furniture and vehicles | 24 | - | €1,650 | +€1,650 | |
| Current assets | 29/58 | €158,249 | €269,250 | +€111,001 | +70.1% |
| Amounts receivable within one year | 40/41 | €2,000 | €250 | -€1,750 | -87.5% |
| Other amounts receivable | 41 | €2,000 | €250 | -€1,750 | -87.5% |
| Cash at bank and in hand | 54/58 | €139,497 | €258,208 | +€118,711 | +85.1% |
| Deferred charges and accrued income | 490/1 | €16,753 | €10,792 | -€5,961 | -35.6% |
| Total equity and liabilities | 10/49 | €158,249 | €271,973 | +€113,724 | +71.9% |
| Equity | 10/15 | €123,788 | €235,976 | +€112,188 | +90.6% |
| Contributions | 10/11 | €5,400 | €5,400 | = | 0.0% |
| Reserves | 13 | €118,388 | €230,576 | +€112,188 | +94.8% |
| Distributable reserves | 133 | €118,388 | €230,576 | +€112,188 | +94.8% |
| Amounts payable | 17/49 | €34,462 | €35,997 | +€1,535 | +4.5% |
| Amounts payable within one year | 42/48 | €34,302 | €35,997 | +€1,695 | +4.9% |
| Trade debts | 44 | €1,302 | €4,731 | +€3,430 | +264% |
| Suppliers | 440/4 | €1,302 | €4,731 | +€3,430 | +264% |
| Taxes, remuneration and social security | 45 | €33,000 | €31,266 | -€1,734 | -5.3% |
| Taxes | 450/3 | €33,000 | €31,167 | -€1,833 | -5.6% |
| Remuneration and social security | 454/9 | - | €98 | +€98 | |
| Accrued charges and deferred income | 492/3 | €160 | €0 | -€160 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €403 | +€403 | |
| Other operating charges | 640/8 | €873 | €966 | +€93 | +10.7% |
| Gross operating margin | 9900 | €152,314 | €144,785 | -€7,529 | -4.9% |
| Operating profit (loss) | 9901 | €151,441 | €143,416 | -€8,025 | -5.3% |
| Financial charges | 65/66B | €53 | €60 | +€7 | +13.2% |
| Recurring financial charges | 65 | €53 | €60 | +€7 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €151,388 | €143,356 | -€8,032 | -5.3% |
| Income taxes | 67/77 | €33,000 | €31,167 | -€1,833 | -5.6% |
| Profit (loss) for the period | 9904 | €118,388 | €112,188 | -€6,200 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €118,388 | €112,188 | -€6,200 | -5.2% |
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 2 November 2026 via checked.be.