Dr. Van de Woestyne: what changed
Dr. Van de Woestyne
Largest movements
- Cash +€39,580
up €39,580 (+72.2%), from €54,843 to €94,423
mainly Net result for the year (+€45,934) and Depreciation (+€5,042)
- Receivables within one year +€11,086
up €11,086 (+366%), from €3,032 to €14,118
- Tangible fixed assets -€5,042
down €5,042 (-43.8%), from €11,522 to €6,479
- Deferred charges and accrued income -€1,979
down €1,979 (-82.5%), from €2,399 to €420
- Profit (loss) carried forward +€45,934
up €45,934 (+85.0%), from €54,022 to €99,956
- Tax, wage and social debts -€1,898
down €1,898 (-13.7%), from €13,876 to €11,978
- Gross operating margin -€9,727
down €9,727 (-13.1%), from €74,128 to €64,402
- Taxes -€1,898
down €1,898 (-13.7%), from €13,876 to €11,978
- Other operating charges +€861
up €861 (+160%), from €537 to €1,398
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 | €71,796 | €115,440 | +€43,644 | +60.8% |
| Fixed assets | 21/28 | €11,522 | €6,479 | -€5,042 | -43.8% |
| Tangible fixed assets | 22/27 | €11,522 | €6,479 | -€5,042 | -43.8% |
| Furniture and vehicles | 24 | €11,522 | €6,479 | -€5,042 | -43.8% |
| Current assets | 29/58 | €60,274 | €108,961 | +€48,687 | +80.8% |
| Amounts receivable within one year | 40/41 | €3,032 | €14,118 | +€11,086 | +366% |
| Other amounts receivable | 41 | €3,032 | €14,118 | +€11,086 | +366% |
| Cash at bank and in hand | 54/58 | €54,843 | €94,423 | +€39,580 | +72.2% |
| Deferred charges and accrued income | 490/1 | €2,399 | €420 | -€1,979 | -82.5% |
| Total equity and liabilities | 10/49 | €71,796 | €115,440 | +€43,644 | +60.8% |
| Equity | 10/15 | €56,522 | €102,456 | +€45,934 | +81.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,022 | €99,956 | +€45,934 | +85.0% |
| Amounts payable | 17/49 | €15,274 | €12,984 | -€2,290 | -15.0% |
| Amounts payable within one year | 42/48 | €15,208 | €12,917 | -€2,291 | -15.1% |
| Trade debts | 44 | €1,332 | €939 | -€393 | -29.5% |
| Suppliers | 440/4 | €1,332 | €939 | -€393 | -29.5% |
| Taxes, remuneration and social security | 45 | €13,876 | €11,978 | -€1,898 | -13.7% |
| Taxes | 450/3 | €13,876 | €11,978 | -€1,898 | -13.7% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,632 | €5,042 | -€589 | -10.5% |
| Other operating charges | 640/8 | €537 | €1,398 | +€861 | +160% |
| Gross operating margin | 9900 | €74,128 | €64,402 | -€9,727 | -13.1% |
| Operating profit (loss) | 9901 | €67,960 | €57,962 | -€9,998 | -14.7% |
| Financial income | 75/76B | €0 | €3 | +€3 | +29,400% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +29,400% |
| Financial charges | 65/66B | €62 | €52 | -€9 | -15.1% |
| Recurring financial charges | 65 | €62 | €52 | -€9 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €67,898 | €57,912 | -€9,986 | -14.7% |
| Income taxes | 67/77 | €13,876 | €11,978 | -€1,898 | -13.7% |
| Profit (loss) for the period | 9904 | €54,022 | €45,934 | -€8,088 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,022 | €45,934 | -€8,088 | -15.0% |
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.