DR. VANHOOREBEECK 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. VANHOOREBEECK PATRICK
Largest movements
- Current investments -€99,434
down €99,434 (-41.1%), from €242,190 to €142,756
- Cash +€82,479
up €82,479 (+83.4%), from €98,847 to €181,326
mainly Other debts (+€132,165) and Net result for the year (+€115,000)
- Tangible fixed assets -€14,143
down €14,143 (-25.9%), from €54,592 to €40,449
of which Leasing and similar rights: -€12,893
- Other debts +€132,165
up €132,165 (+1,791%), from €7,380 to €139,544
- Debts after one year -€92,707
down €92,707 (-48.9%), from €189,484 to €96,777
- Reserves -€69,175
down €69,175 (-16.1%), from €428,783 to €359,607
- Tax, wage and social debts -€14,276
down €14,276 (-51.0%), from €28,017 to €13,741
- Trade debts +€8,361
up €8,361, from €0 to €8,361
- Gross operating margin -€8,524
down €8,524 (-4.5%), from €190,062 to €181,538
- Financial charges -€7,106
down €7,106 (-45.3%), from €15,670 to €8,565
- Financial income +€2,878
up €2,878 (+53.0%), from €5,427 to €8,306
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 | €758,399 | €723,138 | -€35,261 | -4.6% |
| Fixed assets | 21/28 | €54,592 | €40,449 | -€14,143 | -25.9% |
| Tangible fixed assets | 22/27 | €54,592 | €40,449 | -€14,143 | -25.9% |
| Land and buildings | 22 | €13,290 | €12,545 | -€745 | -5.6% |
| Furniture and vehicles | 24 | €505 | €0 | -€505 | -100% |
| Leasing and similar rights | 25 | €40,797 | €27,904 | -€12,893 | -31.6% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €703,807 | €682,689 | -€21,118 | -3.0% |
| Amounts receivable after more than one year | 29 | €315,000 | €315,000 | = | 0.0% |
| Other amounts receivable | 291 | €315,000 | €315,000 | = | 0.0% |
| Current investments | 50/53 | €242,190 | €142,756 | -€99,434 | -41.1% |
| Cash at bank and in hand | 54/58 | €98,847 | €181,326 | +€82,479 | +83.4% |
| Deferred charges and accrued income | 490/1 | €47,770 | €43,607 | -€4,163 | -8.7% |
| Total equity and liabilities | 10/49 | €758,399 | €723,138 | -€35,261 | -4.6% |
| Equity | 10/15 | €441,183 | €372,007 | -€69,175 | -15.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €428,783 | €359,607 | -€69,175 | -16.1% |
| Distributable reserves | 133 | €428,783 | €359,607 | -€69,175 | -16.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €317,216 | €351,131 | +€33,914 | +10.7% |
| Amounts payable after more than one year | 17 | €189,484 | €96,777 | -€92,707 | -48.9% |
| Financial debts | 170/4 | €189,484 | €96,777 | -€92,707 | -48.9% |
| Amounts payable within one year | 42/48 | €127,732 | €254,354 | +€126,622 | +99.1% |
| Current portion of amounts payable after more than one year | 42 | €92,335 | €92,707 | +€372 | +0.4% |
| Trade debts | 44 | €0 | €8,361 | +€8,361 | |
| Suppliers | 440/4 | €0 | €8,361 | +€8,361 | |
| Taxes, remuneration and social security | 45 | €28,017 | €13,741 | -€14,276 | -51.0% |
| Taxes | 450/3 | €28,017 | €13,741 | -€14,276 | -51.0% |
| Other amounts payable | 47/48 | €7,380 | €139,544 | +€132,165 | +1,791% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,424 | €14,143 | -€1,281 | -8.3% |
| Other operating charges | 640/8 | €3,862 | €3,404 | -€458 | -11.8% |
| Gross operating margin | 9900 | €190,062 | €181,538 | -€8,524 | -4.5% |
| Operating profit (loss) | 9901 | €170,777 | €163,991 | -€6,785 | -4.0% |
| Financial income | 75/76B | €5,427 | €8,306 | +€2,878 | +53.0% |
| Recurring financial income | 75 | €5,427 | €8,306 | +€2,878 | +53.0% |
| Financial charges | 65/66B | €15,670 | €8,565 | -€7,106 | -45.3% |
| Recurring financial charges | 65 | €15,670 | €8,565 | -€7,106 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €160,534 | €163,732 | +€3,199 | +2.0% |
| Income taxes | 67/77 | €47,295 | €48,733 | +€1,438 | +3.0% |
| Profit (loss) for the period | 9904 | €113,238 | €115,000 | +€1,761 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €113,238 | €115,000 | +€1,761 | +1.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.