Dr. van de Casteele Ann: 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. van de Casteele Ann
Largest movements
- Receivables within one year -€33,400
down €33,400 (-89.3%), from €37,400 to €4,000
of which Trade receivables: -€37,400
- Deferred charges and accrued income +€16,701
up €16,701 (+173%), from €9,648 to €26,349
- Cash +€7,987
up €7,987 (+19.3%), from €41,283 to €49,269
mainly Receivables within one year (+€33,400) and Other debts (+€22,762)
- Tangible fixed assets -€5,812
down €5,812 (-9.7%), from €59,808 to €53,995
of which Other tangible fixed assets: -€8,217
- Other debts +€22,762
up €22,762 (+381%), from €5,973 to €28,735
- Reserves -€13,515
down €13,515 (-9.2%), from €146,552 to €133,037
- Accrued charges and deferred income -€12,935
down €12,935 (-99.5%), from €13,000 to €65
- Debts after one year -€12,134
down €12,134 (-37.1%), from €32,737 to €20,603
- Financial income -€18,331
down €18,331 (-92.0%), from €19,919 to €1,589
- Gross operating margin -€5,887
down €5,887 (-12.5%), from €46,949 to €41,061
- Taxes -€5,187
down €5,187 (-34.0%), from €15,263 to €10,076
- Other operating charges +€3,138
up €3,138 (+187%), from €1,675 to €4,813
- Financial charges -€1,384
down €1,384 (-50.4%), from €2,749 to €1,365
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 | €229,822 | €216,318 | -€13,504 | -5.9% |
| Fixed assets | 21/28 | €59,808 | €53,995 | -€5,812 | -9.7% |
| Tangible fixed assets | 22/27 | €59,808 | €53,995 | -€5,812 | -9.7% |
| Plant, machinery and equipment | 23 | €1,267 | €4,126 | +€2,859 | +226% |
| Furniture and vehicles | 24 | €1,022 | €568 | -€454 | -44.4% |
| Other tangible fixed assets | 26 | €57,518 | €49,301 | -€8,217 | -14.3% |
| Current assets | 29/58 | €170,014 | €162,323 | -€7,691 | -4.5% |
| Amounts receivable within one year | 40/41 | €37,400 | €4,000 | -€33,400 | -89.3% |
| Trade receivables | 40 | €37,400 | €0 | -€37,400 | -100% |
| Other amounts receivable | 41 | €0 | €4,000 | +€4,000 | |
| Current investments | 50/53 | €81,683 | €82,705 | +€1,021 | +1.3% |
| Cash at bank and in hand | 54/58 | €41,283 | €49,269 | +€7,987 | +19.3% |
| Deferred charges and accrued income | 490/1 | €9,648 | €26,349 | +€16,701 | +173% |
| Total equity and liabilities | 10/49 | €229,822 | €216,318 | -€13,504 | -5.9% |
| Equity | 10/15 | €158,952 | €145,437 | -€13,515 | -8.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €146,552 | €133,037 | -€13,515 | -9.2% |
| Distributable reserves | 133 | €146,552 | €133,037 | -€13,515 | -9.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €70,870 | €70,881 | +€12 | 0.0% |
| Amounts payable after more than one year | 17 | €32,737 | €20,603 | -€12,134 | -37.1% |
| Financial debts | 170/4 | €32,737 | €20,603 | -€12,134 | -37.1% |
| Amounts payable within one year | 42/48 | €25,132 | €50,213 | +€25,081 | +99.8% |
| Current portion of amounts payable after more than one year | 42 | €13,650 | €14,664 | +€1,014 | +7.4% |
| Financial debts | 43 | €2 | €0 | -€2 | -100% |
| Credit institutions | 430/8 | €2 | €0 | -€2 | -100% |
| Trade debts | 44 | €1,141 | €665 | -€477 | -41.8% |
| Suppliers | 440/4 | €1,141 | €665 | -€477 | -41.8% |
| Taxes, remuneration and social security | 45 | €4,366 | €6,148 | +€1,783 | +40.8% |
| Taxes | 450/3 | €4,366 | €3,648 | -€717 | -16.4% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €5,973 | €28,735 | +€22,762 | +381% |
| Accrued charges and deferred income | 492/3 | €13,000 | €65 | -€12,935 | -99.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,524 | €9,911 | +€387 | +4.1% |
| Other operating charges | 640/8 | €1,675 | €4,813 | +€3,138 | +187% |
| Gross operating margin | 9900 | €46,949 | €41,061 | -€5,887 | -12.5% |
| Operating profit (loss) | 9901 | €35,749 | €26,336 | -€9,412 | -26.3% |
| Financial income | 75/76B | €19,919 | €1,589 | -€18,331 | -92.0% |
| Recurring financial income | 75 | €19,919 | €1,589 | -€18,331 | -92.0% |
| Financial charges | 65/66B | €2,749 | €1,365 | -€1,384 | -50.4% |
| Recurring financial charges | 65 | €2,749 | €1,365 | -€1,384 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €52,919 | €26,560 | -€26,359 | -49.8% |
| Income taxes | 67/77 | €15,263 | €10,076 | -€5,187 | -34.0% |
| Profit (loss) for the period | 9904 | €37,657 | €16,485 | -€21,172 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,657 | €16,485 | -€21,172 | -56.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.