DR. VAN DESSEL BÉNÉDICTE: 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 DESSEL BÉNÉDICTE
Largest movements
- Current investments +€222,332
up €222,332 (+93.3%), from €238,198 to €460,531
- Cash -€221,465
down €221,465 (-60.8%), from €364,491 to €143,026
mainly Current investments (-€222,332) and Contributions, distributions and other (-€109,800)
- Receivables within one year +€52,436
up €52,436 (+25.4%), from €206,824 to €259,260
of which Other amounts receivable: +€52,267
- Reserves +€109,774
up €109,774 (+13.1%), from €838,388 to €948,161
- Debts after one year -€65,439
down €65,439 (-11.0%), from €595,334 to €529,896
- Tax, wage and social debts +€33,147
up €33,147 (+113%), from €29,349 to €62,497
- Other operating charges -€50,455
down €50,455 (-76.8%), from €65,729 to €15,274
- Depreciation +€13,046
up €13,046 (+21.4%), from €60,823 to €73,869
- Financial charges +€12,630
up €12,630 (+96.8%), from €13,044 to €25,674
- Gross operating margin -€11,230
down €11,230 (-2.5%), from €445,768 to €434,539
- Taxes +€5,361
up €5,361 (+5.4%), from €98,626 to €103,987
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 | €1,655,925 | €1,707,081 | +€51,157 | +3.1% |
| Fixed assets | 21/28 | €842,488 | €844,264 | +€1,776 | +0.2% |
| Tangible fixed assets | 22/27 | €842,488 | €844,264 | +€1,776 | +0.2% |
| Land and buildings | 22 | €697,213 | €661,974 | -€35,239 | -5.1% |
| Plant, machinery and equipment | 23 | €4,841 | €2,583 | -€2,258 | -46.6% |
| Furniture and vehicles | 24 | €114,011 | €88,278 | -€25,733 | -22.6% |
| Other tangible fixed assets | 26 | €26,423 | €31,696 | +€5,273 | +20.0% |
| Assets under construction and advance payments | 27 | - | €59,733 | +€59,733 | |
| Current assets | 29/58 | €813,436 | €862,817 | +€49,381 | +6.1% |
| Amounts receivable within one year | 40/41 | €206,824 | €259,260 | +€52,436 | +25.4% |
| Trade receivables | 40 | €206,824 | €206,993 | +€169 | +0.1% |
| Other amounts receivable | 41 | - | €52,267 | +€52,267 | |
| Current investments | 50/53 | €238,198 | €460,531 | +€222,332 | +93.3% |
| Cash at bank and in hand | 54/58 | €364,491 | €143,026 | -€221,465 | -60.8% |
| Deferred charges and accrued income | 490/1 | €3,923 | €0 | -€3,923 | -100% |
| Total equity and liabilities | 10/49 | €1,655,925 | €1,707,081 | +€51,157 | +3.1% |
| Equity | 10/15 | €912,788 | €1,022,561 | +€109,774 | +12.0% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €838,388 | €948,161 | +€109,774 | +13.1% |
| Distributable reserves | 133 | €838,388 | €948,161 | +€109,774 | +13.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €743,137 | €684,520 | -€58,617 | -7.9% |
| Amounts payable after more than one year | 17 | €595,334 | €529,896 | -€65,439 | -11.0% |
| Financial debts | 170/4 | €595,334 | €529,896 | -€65,439 | -11.0% |
| Amounts payable within one year | 42/48 | €147,803 | €154,624 | +€6,822 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €63,539 | €65,439 | +€1,900 | +3.0% |
| Financial debts | 43 | €23,733 | €23,648 | -€85 | -0.4% |
| Credit institutions | 430/8 | €23,733 | €23,648 | -€85 | -0.4% |
| Trade debts | 44 | €16,360 | €3,041 | -€13,319 | -81.4% |
| Suppliers | 440/4 | €16,360 | €3,041 | -€13,319 | -81.4% |
| Taxes, remuneration and social security | 45 | €29,349 | €62,497 | +€33,147 | +113% |
| Taxes | 450/3 | €29,349 | €62,497 | +€33,147 | +113% |
| Other amounts payable | 47/48 | €14,821 | €0 | -€14,821 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,823 | €73,869 | +€13,046 | +21.4% |
| Other operating charges | 640/8 | €65,729 | €15,274 | -€50,455 | -76.8% |
| Gross operating margin | 9900 | €445,768 | €434,539 | -€11,230 | -2.5% |
| Operating profit (loss) | 9901 | €319,217 | €345,396 | +€26,180 | +8.2% |
| Financial income | 75/76B | €1,465 | €3,839 | +€2,374 | +162% |
| Recurring financial income | 75 | €1,465 | €3,839 | +€2,374 | +162% |
| Financial charges | 65/66B | €13,044 | €25,674 | +€12,630 | +96.8% |
| Recurring financial charges | 65 | €13,044 | €25,674 | +€12,630 | +96.8% |
| Profit (loss) for the period before taxes | 9903 | €307,638 | €323,561 | +€15,923 | +5.2% |
| Income taxes | 67/77 | €98,626 | €103,987 | +€5,361 | +5.4% |
| Profit (loss) for the period | 9904 | €209,011 | €219,573 | +€10,562 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €209,011 | €219,573 | +€10,562 | +5.1% |
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 28 October 2026 via checked.be.