Dr. Trude Janssens: what changed
What changed
Dr. Trude Janssens
filed annual accounts (NBB)
Net result for the year
€18,098
2024 · €7,726+€10,372
Equity
€71,972
2024 · €53,874+€18,098
Cash
€61,450
2024 · €46,776+€14,674
Balance sheet total
€221,621
2024 · €226,278-€4,657
Largest movements
Assets
- Cash +€14,674
up €14,674 (+31.4%), from €46,776 to €61,450
mainly Net result for the year (+€18,098) and Depreciation (+€16,282)
- Tangible fixed assets -€13,178
down €13,178 (-10.3%), from €128,393 to €115,215
of which Land and buildings: -€15,609
- Receivables within one year -€5,790
down €5,790 (-67.7%), from €8,558 to €2,768
of which Trade receivables: -€2,925
Equity and liabilities
- Debts after one year -€26,112
down €26,112 (-19.1%), from €136,850 to €110,738
- Reserves +€18,098
up €18,098 (+37.9%), from €47,789 to €65,887
Income statement
- Gross operating margin +€13,264
up €13,264 (+37.6%), from €35,301 to €48,565
- Taxes +€3,825
up €3,825 (+123%), from €3,123 to €6,948
- Financial charges -€919
down €919 (-12.6%), from €7,304 to €6,385
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
€7,726
Gross operating margin
+€13,264
Depreciation
-€317
Other operating charges
+€460
Financial income
-€128
Financial charges
+€919
Taxes
-€3,825
Result 2025
€18,098
raises the resultlowers the result
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
+€43,224
Investment
-€3,545
Financing
-€25,005
Cash 2024
€46,776
From operations (derived)
+€43,224
Net result for the year
+€18,098
Depreciation
+€16,282
Receivables within one year
+€5,790
Deferred charges and accrued income
+€805
Trade debts
-€1,235
Other debts
+€2,123
Accrued charges and deferred income
+€1,363
Investment (derived)
-€3,545
Investment in fixed assets (net)
-€3,104
Current investments
-€441
Financing
-€25,005
Debts after one year
-€26,112
Current portion of long-term debt
+€1,107
Cash 2025
€61,450
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,278 | €221,621 | -€4,657 | -2.1% |
| Fixed assets | 21/28 | €128,393 | €115,215 | -€13,178 | -10.3% |
| Tangible fixed assets | 22/27 | €128,393 | €115,215 | -€13,178 | -10.3% |
| Land and buildings | 22 | €108,638 | €93,029 | -€15,609 | -14.4% |
| Plant, machinery and equipment | 23 | - | €837 | +€837 | |
| Furniture and vehicles | 24 | €1,980 | €1,624 | -€356 | -18.0% |
| Other tangible fixed assets | 26 | €17,775 | €19,725 | +€1,950 | +11.0% |
| Current assets | 29/58 | €97,885 | €106,405 | +€8,521 | +8.7% |
| Amounts receivable within one year | 40/41 | €8,558 | €2,768 | -€5,790 | -67.7% |
| Trade receivables | 40 | €5,273 | €2,348 | -€2,925 | -55.5% |
| Other amounts receivable | 41 | €3,285 | €421 | -€2,865 | -87.2% |
| Current investments | 50/53 | €39,669 | €40,110 | +€441 | +1.1% |
| Cash at bank and in hand | 54/58 | €46,776 | €61,450 | +€14,674 | +31.4% |
| Deferred charges and accrued income | 490/1 | €2,882 | €2,077 | -€805 | -27.9% |
| Total equity and liabilities | 10/49 | €226,278 | €221,621 | -€4,657 | -2.1% |
| Equity | 10/15 | €53,874 | €71,972 | +€18,098 | +33.6% |
| Contributions | 10/11 | €4,315 | €4,315 | = | 0.0% |
| Reserves | 13 | €47,789 | €65,887 | +€18,098 | +37.9% |
| Distributable reserves | 133 | €47,789 | €65,887 | +€18,098 | +37.9% |
| Profit (loss) carried forward | 14 | €1,770 | €1,770 | = | 0.0% |
| Amounts payable | 17/49 | €172,404 | €149,649 | -€22,755 | -13.2% |
| Amounts payable after more than one year | 17 | €136,850 | €110,738 | -€26,112 | -19.1% |
| Financial debts | 170/4 | €136,850 | €110,738 | -€26,112 | -19.1% |
| Amounts payable within one year | 42/48 | €35,372 | €37,367 | +€1,994 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €27,134 | €28,241 | +€1,107 | +4.1% |
| Trade debts | 44 | €1,514 | €279 | -€1,235 | -81.6% |
| Suppliers | 440/4 | €1,514 | €279 | -€1,235 | -81.6% |
| Other amounts payable | 47/48 | €6,724 | €8,846 | +€2,123 | +31.6% |
| Accrued charges and deferred income | 492/3 | €182 | €1,545 | +€1,363 | +750% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,965 | €16,282 | +€317 | +2.0% |
| Other operating charges | 640/8 | €2,543 | €2,084 | -€460 | -18.1% |
| Gross operating margin | 9900 | €35,301 | €48,565 | +€13,264 | +37.6% |
| Operating profit (loss) | 9901 | €16,793 | €30,200 | +€13,407 | +79.8% |
| Financial income | 75/76B | €1,359 | €1,231 | -€128 | -9.4% |
| Recurring financial income | 75 | €1,359 | €1,231 | -€128 | -9.4% |
| Financial charges | 65/66B | €7,304 | €6,385 | -€919 | -12.6% |
| Recurring financial charges | 65 | €7,304 | €6,385 | -€919 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €10,849 | €25,046 | +€14,197 | +131% |
| Income taxes | 67/77 | €3,123 | €6,948 | +€3,825 | +123% |
| Profit (loss) for the period | 9904 | €7,726 | €18,098 | +€10,372 | +134% |
| Profit (loss) for the period to be appropriated | 9905 | €7,726 | €18,098 | +€10,372 | +134% |
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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 5 November 2026 via checked.be.