Dr. Thomas De Ridder: 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. Thomas De Ridder
Largest movements
- Cash +€12,419
up €12,419 (+22.9%), from €54,238 to €66,657
mainly Net result for the year (+€26,930) and Trade debts (+€4,490)
- Current investments +€10,000
new in 2025: €10,000
- Tangible fixed assets +€8,831
up €8,831 (+321%), from €2,752 to €11,583
of which Land and buildings: +€6,043
- Deferred charges and accrued income -€992
down €992 (-42.2%), from €2,353 to €1,361
- Profit (loss) carried forward +€26,930
up €26,930 (+87.4%), from €30,811 to €57,741
- Trade debts +€4,490
up €4,490 (+401%), from €1,118 to €5,608
- Other debts -€3,159
down €3,159 (-15.1%), from €20,916 to €17,758
- Tax, wage and social debts +€1,997
up €1,997 (+48.7%), from €4,097 to €6,094
of which Taxes: +€1,997
- Gross operating margin -€5,780
down €5,780 (-12.8%), from €45,172 to €39,392
- Financial charges -€1,359
down €1,359 (-50.4%), from €2,697 to €1,338
- Taxes -€1,048
down €1,048 (-11.0%), from €9,547 to €8,499
- Depreciation +€578
up €578 (+31.3%), from €1,847 to €2,425
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 | €59,343 | €89,601 | +€30,258 | +51.0% |
| Fixed assets | 21/28 | €2,752 | €11,583 | +€8,831 | +321% |
| Tangible fixed assets | 22/27 | €2,752 | €11,583 | +€8,831 | +321% |
| Land and buildings | 22 | - | €6,043 | +€6,043 | |
| Furniture and vehicles | 24 | €2,752 | €5,540 | +€2,788 | +101% |
| Current assets | 29/58 | €56,591 | €78,018 | +€21,427 | +37.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €54,238 | €66,657 | +€12,419 | +22.9% |
| Deferred charges and accrued income | 490/1 | €2,353 | €1,361 | -€992 | -42.2% |
| Total equity and liabilities | 10/49 | €59,343 | €89,601 | +€30,258 | +51.0% |
| Equity | 10/15 | €33,211 | €60,141 | +€26,930 | +81.1% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,811 | €57,741 | +€26,930 | +87.4% |
| Amounts payable | 17/49 | €26,132 | €29,460 | +€3,328 | +12.7% |
| Amounts payable within one year | 42/48 | €26,132 | €29,460 | +€3,328 | +12.7% |
| Trade debts | 44 | €1,118 | €5,608 | +€4,490 | +401% |
| Suppliers | 440/4 | €1,118 | €5,608 | +€4,490 | +401% |
| Taxes, remuneration and social security | 45 | €4,097 | €6,094 | +€1,997 | +48.7% |
| Taxes | 450/3 | €4,097 | €6,094 | +€1,997 | +48.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,916 | €17,758 | -€3,159 | -15.1% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,847 | €2,425 | +€578 | +31.3% |
| Other operating charges | 640/8 | €270 | €208 | -€62 | -23.1% |
| Gross operating margin | 9900 | €45,172 | €39,392 | -€5,780 | -12.8% |
| Operating profit (loss) | 9901 | €43,055 | €36,760 | -€6,296 | -14.6% |
| Financial income | 75/76B | €0 | €7 | +€7 | +68,100% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +68,100% |
| Financial charges | 65/66B | €2,697 | €1,338 | -€1,359 | -50.4% |
| Recurring financial charges | 65 | €2,697 | €1,338 | -€1,359 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €40,358 | €35,429 | -€4,930 | -12.2% |
| Income taxes | 67/77 | €9,547 | €8,499 | -€1,048 | -11.0% |
| Profit (loss) for the period | 9904 | €30,811 | €26,930 | -€3,882 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,811 | €26,930 | -€3,882 | -12.6% |
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 22 October 2026 via checked.be.