DR.ZANDERS DIRK: 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.ZANDERS DIRK
Largest movements
- Cash +€63,952
up €63,952 (+89.5%), from €71,419 to €135,370
mainly Net result for the year (+€96,880) and Tax, wage and social debts (+€19,154)
- Receivables within one year +€18,265
up €18,265 (+16.7%), from €109,152 to €127,417
- Tangible fixed assets +€5,255
up €5,255 (+43.6%), from €12,057 to €17,312
of which Furniture and vehicles: +€3,732
- Deferred charges and accrued income +€3,942
up €3,942 (+25.6%), from €15,410 to €19,352
- Reserves +€81,514
up €81,514 (+45.3%), from €180,018 to €261,532
- Tax, wage and social debts +€19,154
up €19,154 (+474.5%), from €4,037 to €23,191
- Accrued charges and deferred income -€6,532
down €6,532 (-97.0%), from €6,732 to €200
- Gross operating margin +€58,288
up €58,288 (+78.2%), from €74,532 to €132,819
- Taxes +€18,454
up €18,454 (+92.1%), from €20,037 to €38,491
- Depreciation -€6,225
down €6,225 (-64.6%), from €9,635 to €3,410
- Other operating charges -€1,651
down €1,651 (-63.9%), from €2,586 to €935
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.
Cash bridge derived
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 | €208,037 | €299,450 | +€91,414 | +43.9% |
| Fixed assets | 21/28 | €12,057 | €17,312 | +€5,255 | +43.6% |
| Tangible fixed assets | 22/27 | €12,057 | €17,312 | +€5,255 | +43.6% |
| Land and buildings | 22 | €9,866 | €12,388 | +€2,522 | +25.6% |
| Plant, machinery and equipment | 23 | €2,191 | €1,191 | -€1,000 | -45.6% |
| Furniture and vehicles | 24 | - | €3,732 | +€3,732 | |
| Current assets | 29/58 | €195,980 | €282,139 | +€86,159 | +44.0% |
| Amounts receivable within one year | 40/41 | €109,152 | €127,417 | +€18,265 | +16.7% |
| Other amounts receivable | 41 | €109,152 | €127,417 | +€18,265 | +16.7% |
| Cash at bank and in hand | 54/58 | €71,419 | €135,370 | +€63,952 | +89.5% |
| Deferred charges and accrued income | 490/1 | €15,410 | €19,352 | +€3,942 | +25.6% |
| Total equity and liabilities | 10/49 | €208,037 | €299,450 | +€91,414 | +43.9% |
| Equity | 10/15 | €192,418 | €273,932 | +€81,514 | +42.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €180,018 | €261,532 | +€81,514 | +45.3% |
| Distributable reserves | 133 | €180,018 | €261,532 | +€81,514 | +45.3% |
| Amounts payable | 17/49 | €15,619 | €25,518 | +€9,900 | +63.4% |
| Amounts payable within one year | 42/48 | €8,887 | €25,318 | +€16,432 | +184.9% |
| Current portion of amounts payable after more than one year | 42 | €2,182 | - | -€2,182 | |
| Trade debts | 44 | €2,668 | €2,127 | -€540 | -20.3% |
| Suppliers | 440/4 | €2,668 | €2,127 | -€540 | -20.3% |
| Taxes, remuneration and social security | 45 | €4,037 | €23,191 | +€19,154 | +474.5% |
| Taxes | 450/3 | €4,037 | €23,191 | +€19,154 | +474.5% |
| Accrued charges and deferred income | 492/3 | €6,732 | €200 | -€6,532 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,635 | €3,410 | -€6,225 | -64.6% |
| Other operating charges | 640/8 | €2,586 | €935 | -€1,651 | -63.9% |
| Gross operating margin | 9900 | €74,532 | €132,819 | +€58,288 | +78.2% |
| Operating profit (loss) | 9901 | €62,311 | €128,474 | +€66,164 | +106.2% |
| Financial income | 75/76B | €6,850 | €7,655 | +€805 | +11.8% |
| Recurring financial income | 75 | €6,850 | €7,655 | +€805 | +11.8% |
| Financial charges | 65/66B | €824 | €759 | -€66 | -8.0% |
| Recurring financial charges | 65 | €824 | €759 | -€66 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €68,337 | €135,371 | +€67,035 | +98.1% |
| Income taxes | 67/77 | €20,037 | €38,491 | +€18,454 | +92.1% |
| Profit (loss) for the period | 9904 | €48,300 | €96,880 | +€48,580 | +100.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,300 | €96,880 | +€48,580 | +100.6% |
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 12 October 2026 via checked.be.