Dr. Vanderstichele Daniëlle: 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. Vanderstichele Daniëlle
Largest movements
- Cash -€68,984
down €68,984 (-38.1%), from €181,075 to €112,092
mainly Contributions, distributions and other (-€145,802) and Debts after one year (-€18,047)
- Tangible fixed assets -€31,651
down €31,651 (-31.9%), from €99,102 to €67,450
of which Leasing and similar rights: -€16,288
- Receivables within one year +€7,090
new in 2025: €7,090
- Reserves -€120,253
down €120,253 (-82.5%), from €145,802 to €25,549
- Other debts +€54,900
up €54,900 (+133%), from €41,177 to €96,077
- Debts after one year -€18,047
down €18,047 (-33.3%), from €54,230 to €36,182
- Tax, wage and social debts -€8,407
down €8,407 (-88.3%), from €9,519 to €1,112
- Gross operating margin -€6,706
down €6,706 (-7.2%), from €93,122 to €86,415
- Depreciation -€1,720
down €1,720 (-3.7%), from €46,715 to €44,995
- Other operating charges +€1,123
up €1,123 (+101%), from €1,115 to €2,238
- Taxes -€1,104
down €1,104 (-12.2%), from €9,032 to €7,928
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 | €282,465 | €191,245 | -€91,220 | -32.3% |
| Fixed assets | 21/28 | €99,102 | €67,450 | -€31,651 | -31.9% |
| Tangible fixed assets | 22/27 | €99,102 | €67,450 | -€31,651 | -31.9% |
| Land and buildings | 22 | €37,010 | €21,380 | -€15,630 | -42.2% |
| Plant, machinery and equipment | 23 | €18,422 | €16,859 | -€1,564 | -8.5% |
| Furniture and vehicles | 24 | €656 | €2,486 | +€1,831 | +279% |
| Leasing and similar rights | 25 | €43,013 | €26,726 | -€16,288 | -37.9% |
| Current assets | 29/58 | €183,363 | €123,794 | -€59,569 | -32.5% |
| Amounts receivable within one year | 40/41 | - | €7,090 | +€7,090 | |
| Other amounts receivable | 41 | - | €7,090 | +€7,090 | |
| Cash at bank and in hand | 54/58 | €181,075 | €112,092 | -€68,984 | -38.1% |
| Deferred charges and accrued income | 490/1 | €2,288 | €4,612 | +€2,324 | +102% |
| Total equity and liabilities | 10/49 | €282,465 | €191,245 | -€91,220 | -32.3% |
| Equity | 10/15 | €150,802 | €30,549 | -€120,253 | -79.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €145,802 | €25,549 | -€120,253 | -82.5% |
| Distributable reserves | 133 | €145,802 | €25,549 | -€120,253 | -82.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €131,663 | €160,695 | +€29,033 | +22.1% |
| Amounts payable after more than one year | 17 | €54,230 | €36,182 | -€18,047 | -33.3% |
| Financial debts | 170/4 | €54,230 | €36,182 | -€18,047 | -33.3% |
| Amounts payable within one year | 42/48 | €77,367 | €124,446 | +€47,079 | +60.9% |
| Current portion of amounts payable after more than one year | 42 | €17,762 | €18,047 | +€285 | +1.6% |
| Trade debts | 44 | €8,909 | €9,209 | +€300 | +3.4% |
| Suppliers | 440/4 | €8,909 | €9,209 | +€300 | +3.4% |
| Taxes, remuneration and social security | 45 | €9,519 | €1,112 | -€8,407 | -88.3% |
| Taxes | 450/3 | €9,519 | €1,112 | -€8,407 | -88.3% |
| Other amounts payable | 47/48 | €41,177 | €96,077 | +€54,900 | +133% |
| 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 | €46,715 | €44,995 | -€1,720 | -3.7% |
| Other operating charges | 640/8 | €1,115 | €2,238 | +€1,123 | +101% |
| Gross operating margin | 9900 | €93,122 | €86,415 | -€6,706 | -7.2% |
| Operating profit (loss) | 9901 | €45,291 | €39,182 | -€6,109 | -13.5% |
| Financial income | 75/76B | €7 | €63 | +€56 | +832% |
| Recurring financial income | 75 | €7 | €63 | +€56 | +832% |
| Financial charges | 65/66B | €5,670 | €5,768 | +€98 | +1.7% |
| Recurring financial charges | 65 | €5,670 | €5,768 | +€98 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €39,628 | €33,477 | -€6,151 | -15.5% |
| Income taxes | 67/77 | €9,032 | €7,928 | -€1,104 | -12.2% |
| Profit (loss) for the period | 9904 | €30,596 | €25,549 | -€5,047 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,596 | €25,549 | -€5,047 | -16.5% |
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.