Dr. Van Reet Lynn: 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 Reet Lynn
Largest movements
- Cash +€21,757
up €21,757 (+191%), from €11,401 to €33,159
mainly Net result for the year (+€56,301) and Other debts (+€44,794)
- Deferred charges and accrued income +€14,311
up €14,311 (+72.6%), from €19,704 to €34,015
- Receivables within one year -€4,214
down €4,214 (-58.4%), from €7,214 to €3,000
of which Other amounts receivable: -€3,839
- Tangible fixed assets -€2,052
down €2,052 (-40.2%), from €5,105 to €3,053
of which Furniture and vehicles: -€2,003
- Other debts +€44,794
up €44,794 (+286%), from €15,672 to €60,467
- Reserves -€18,138
no longer reported in 2025 (was €18,138)
- Trade debts +€2,831
up €2,831 (+5,973%), from €47 to €2,878
- Gross operating margin +€64,659
up €64,659 (+688%), from €9,393 to €74,052
- Taxes +€12,721
up €12,721 (+589%), from €2,161 to €14,882
- Depreciation +€749
up €749 (+57.5%), from €1,303 to €2,052
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 | €43,425 | €73,227 | +€29,801 | +68.6% |
| Fixed assets | 21/28 | €5,105 | €3,053 | -€2,052 | -40.2% |
| Tangible fixed assets | 22/27 | €5,105 | €3,053 | -€2,052 | -40.2% |
| Plant, machinery and equipment | 23 | €50 | - | -€50 | |
| Furniture and vehicles | 24 | €5,056 | €3,053 | -€2,003 | -39.6% |
| Current assets | 29/58 | €38,320 | €70,174 | +€31,854 | +83.1% |
| Amounts receivable within one year | 40/41 | €7,214 | €3,000 | -€4,214 | -58.4% |
| Trade receivables | 40 | €375 | - | -€375 | |
| Other amounts receivable | 41 | €6,839 | €3,000 | -€3,839 | -56.1% |
| Cash at bank and in hand | 54/58 | €11,401 | €33,159 | +€21,757 | +191% |
| Deferred charges and accrued income | 490/1 | €19,704 | €34,015 | +€14,311 | +72.6% |
| Total equity and liabilities | 10/49 | €43,425 | €73,227 | +€29,801 | +68.6% |
| Equity | 10/15 | €25,138 | €7,000 | -€18,138 | -72.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €18,138 | - | -€18,138 | |
| Distributable reserves | 133 | €18,138 | - | -€18,138 | |
| Amounts payable | 17/49 | €18,287 | €66,227 | +€47,940 | +262% |
| Amounts payable within one year | 42/48 | €18,287 | €66,227 | +€47,940 | +262% |
| Trade debts | 44 | €47 | €2,878 | +€2,831 | +5,973% |
| Suppliers | 440/4 | €47 | €2,878 | +€2,831 | +5,973% |
| Taxes, remuneration and social security | 45 | €2,567 | €2,882 | +€315 | +12.3% |
| Taxes | 450/3 | €2,567 | €2,882 | +€315 | +12.3% |
| Other amounts payable | 47/48 | €15,672 | €60,467 | +€44,794 | +286% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,303 | €2,052 | +€749 | +57.5% |
| Other operating charges | 640/8 | €678 | €756 | +€78 | +11.5% |
| Gross operating margin | 9900 | €9,393 | €74,052 | +€64,659 | +688% |
| Operating profit (loss) | 9901 | €7,411 | €71,244 | +€63,832 | +861% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €44 | €61 | +€17 | +39.8% |
| Recurring financial charges | 65 | €44 | €61 | +€17 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €7,368 | €71,183 | +€63,815 | +866% |
| Income taxes | 67/77 | €2,161 | €14,882 | +€12,721 | +589% |
| Profit (loss) for the period | 9904 | €5,207 | €56,301 | +€51,094 | +981% |
| Profit (loss) for the period to be appropriated | 9905 | €5,207 | €56,301 | +€51,094 | +981% |
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 24 October 2026 via checked.be.