DR.VANDEPLAS PATRICK: 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.VANDEPLAS PATRICK
Largest movements
- Cash -€75,302
down €75,302 (-36.6%), from €205,740 to €130,438
mainly Contributions, distributions and other (-€117,311) and Current investments (-€47,986)
- Current investments +€47,986
up €47,986 (+13.7%), from €350,000 to €397,986
- Receivables within one year -€13,788
down €13,788 (-26.4%), from €52,214 to €38,426
of which Trade receivables: -€22,435
- Other debts -€27,991
down €27,991 (-99.0%), from €28,288 to €297
- Reserves -€10,975
down €10,975 (-1.9%), from €563,179 to €552,204
- Gross operating margin -€12,214
down €12,214 (-7.6%), from €160,824 to €148,610
- Financial charges +€2,010
up €2,010 (+2,028%), from €99 to €2,110
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 | €614,215 | €572,604 | -€41,611 | -6.8% |
| Fixed assets | 21/28 | €4,047 | €1,957 | -€2,090 | -51.7% |
| Tangible fixed assets | 22/27 | €4,047 | €1,957 | -€2,090 | -51.7% |
| Plant, machinery and equipment | 23 | €253 | €0 | -€253 | -100% |
| Furniture and vehicles | 24 | €3,794 | €1,957 | -€1,837 | -48.4% |
| Current assets | 29/58 | €610,168 | €570,647 | -€39,521 | -6.5% |
| Amounts receivable within one year | 40/41 | €52,214 | €38,426 | -€13,788 | -26.4% |
| Trade receivables | 40 | €52,214 | €29,779 | -€22,435 | -43.0% |
| Other amounts receivable | 41 | - | €8,647 | +€8,647 | |
| Current investments | 50/53 | €350,000 | €397,986 | +€47,986 | +13.7% |
| Cash at bank and in hand | 54/58 | €205,740 | €130,438 | -€75,302 | -36.6% |
| Deferred charges and accrued income | 490/1 | €2,215 | €3,797 | +€1,582 | +71.4% |
| Total equity and liabilities | 10/49 | €614,215 | €572,604 | -€41,611 | -6.8% |
| Equity | 10/15 | €575,579 | €564,604 | -€10,975 | -1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €563,179 | €552,204 | -€10,975 | -1.9% |
| Distributable reserves | 133 | €563,179 | €552,204 | -€10,975 | -1.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €38,636 | €8,000 | -€30,636 | -79.3% |
| Amounts payable within one year | 42/48 | €32,061 | €1,229 | -€30,832 | -96.2% |
| Trade debts | 44 | €168 | €932 | +€764 | +454% |
| Suppliers | 440/4 | €168 | €932 | +€764 | +454% |
| Taxes, remuneration and social security | 45 | €3,604 | €0 | -€3,604 | -100% |
| Taxes | 450/3 | €3,604 | €0 | -€3,604 | -100% |
| Other amounts payable | 47/48 | €28,288 | €297 | -€27,991 | -99.0% |
| Accrued charges and deferred income | 492/3 | €6,576 | €6,771 | +€195 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,577 | €2,090 | -€487 | -18.9% |
| Other operating charges | 640/8 | €449 | €587 | +€137 | +30.6% |
| Gross operating margin | 9900 | €160,824 | €148,610 | -€12,214 | -7.6% |
| Operating profit (loss) | 9901 | €157,798 | €145,933 | -€11,865 | -7.5% |
| Financial income | 75/76B | €13,240 | €14,731 | +€1,491 | +11.3% |
| Recurring financial income | 75 | €13,240 | €14,731 | +€1,491 | +11.3% |
| Financial charges | 65/66B | €99 | €2,110 | +€2,010 | +2,028% |
| Recurring financial charges | 65 | €99 | €2,110 | +€2,010 | +2,028% |
| Profit (loss) for the period before taxes | 9903 | €170,939 | €158,555 | -€12,384 | -7.2% |
| Income taxes | 67/77 | €51,608 | €52,219 | +€611 | +1.2% |
| Profit (loss) for the period | 9904 | €119,331 | €106,336 | -€12,995 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €119,331 | €106,336 | -€12,995 | -10.9% |
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 20 October 2026 via checked.be.