Dr. Y. Devrieze: 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. Y. Devrieze
Largest movements
- Deferred charges and accrued income +€10,000
new in 2025: €10,000
- Cash -€5,477
down €5,477 (-20.9%), from €26,266 to €20,789
mainly Deferred charges and accrued income (-€10,000) and Tax, wage and social debts (-€2,963)
- Reserves +€7,354
up €7,354 (+37.4%), from €19,675 to €27,029
- Tax, wage and social debts -€2,963
down €2,963 (-56.0%), from €5,289 to €2,325
- Trade debts +€402
up €402 (+43.1%), from €933 to €1,335
- Gross operating margin -€15,206
down €15,206 (-60.6%), from €25,089 to €9,883
- Taxes -€2,963
down €2,963 (-56.0%), from €5,289 to €2,325
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 | €26,266 | €30,790 | +€4,524 | +17.2% |
| Current assets | 29/58 | €26,266 | €30,790 | +€4,524 | +17.2% |
| Amounts receivable within one year | 40/41 | - | €1 | +€1 | |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €26,266 | €20,789 | -€5,477 | -20.9% |
| Deferred charges and accrued income | 490/1 | - | €10,000 | +€10,000 | |
| Total equity and liabilities | 10/49 | €26,266 | €30,790 | +€4,524 | +17.2% |
| Equity | 10/15 | €19,775 | €27,129 | +€7,354 | +37.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €19,675 | €27,029 | +€7,354 | +37.4% |
| Distributable reserves | 133 | €19,675 | €27,029 | +€7,354 | +37.4% |
| Amounts payable | 17/49 | €6,491 | €3,660 | -€2,830 | -43.6% |
| Amounts payable within one year | 42/48 | €6,491 | €3,660 | -€2,830 | -43.6% |
| Trade debts | 44 | €933 | €1,335 | +€402 | +43.1% |
| Suppliers | 440/4 | €933 | €1,335 | +€402 | +43.1% |
| Taxes, remuneration and social security | 45 | €5,289 | €2,325 | -€2,963 | -56.0% |
| Taxes | 450/3 | €5,289 | €2,325 | -€2,963 | -56.0% |
| Other amounts payable | 47/48 | €269 | - | -€269 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €25,089 | €9,883 | -€15,206 | -60.6% |
| Operating profit (loss) | 9901 | €24,971 | €9,763 | -€15,208 | -60.9% |
| Financial charges | 65/66B | €7 | €83 | +€77 | +1,184% |
| Recurring financial charges | 65 | €7 | €83 | +€77 | +1,184% |
| Profit (loss) for the period before taxes | 9903 | €24,964 | €9,680 | -€15,285 | -61.2% |
| Income taxes | 67/77 | €5,289 | €2,325 | -€2,963 | -56.0% |
| Profit (loss) for the period | 9904 | €19,675 | €7,354 | -€12,321 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,675 | €7,354 | -€12,321 | -62.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.