Drs. Bachmann-Van Duyse: 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.
Drs. Bachmann-Van Duyse
Largest movements
- Cash +€371,801
up €371,801 (+193%), from €192,957 to €564,758
mainly Net result for the year (+€352,369) and Current investments (+€270,000)
- Current investments -€270,000
down €270,000 (-64.3%), from €420,000 to €150,000
- Deferred charges and accrued income +€123,797
up €123,797 (+162%), from €76,432 to €200,229
- Receivables after one year -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year +€93,743
up €93,743 (+24.2%), from €386,822 to €480,565
of which Other amounts receivable: +€93,243
- Reserves +€252,258
up €252,258 (+21.7%), from €1.2m to €1.4m
of which Distributable reserves: +€252,258
- Gross operating margin +€101,029
up €101,029 (+26.0%), from €388,997 to €490,026
- Taxes +€30,730
up €30,730 (+23.5%), from €130,568 to €161,298
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 | €1,198,499 | €1,450,291 | +€251,792 | +21.0% |
| Fixed assets | 21/28 | €22,287 | €54,739 | +€32,451 | +146% |
| Tangible fixed assets | 22/27 | €20,787 | €53,239 | +€32,451 | +156% |
| Land and buildings | 22 | €6,945 | €9,078 | +€2,132 | +30.7% |
| Plant, machinery and equipment | 23 | €3,509 | €2,722 | -€787 | -22.4% |
| Furniture and vehicles | 24 | €10,333 | €41,440 | +€31,107 | +301% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €1,176,212 | €1,395,552 | +€219,341 | +18.6% |
| Amounts receivable after more than one year | 29 | €100,000 | - | -€100,000 | |
| Other amounts receivable | 291 | €100,000 | - | -€100,000 | |
| Amounts receivable within one year | 40/41 | €386,822 | €480,565 | +€93,743 | +24.2% |
| Trade receivables | 40 | - | €500 | +€500 | |
| Other amounts receivable | 41 | €386,822 | €480,065 | +€93,243 | +24.1% |
| Current investments | 50/53 | €420,000 | €150,000 | -€270,000 | -64.3% |
| Cash at bank and in hand | 54/58 | €192,957 | €564,758 | +€371,801 | +193% |
| Deferred charges and accrued income | 490/1 | €76,432 | €200,229 | +€123,797 | +162% |
| Total equity and liabilities | 10/49 | €1,198,499 | €1,450,291 | +€251,792 | +21.0% |
| Equity | 10/15 | €1,186,425 | €1,438,684 | +€252,258 | +21.3% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €1,161,625 | €1,413,884 | +€252,258 | +21.7% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Distributable reserves | 133 | €1,157,905 | €1,410,164 | +€252,258 | +21.8% |
| Amounts payable | 17/49 | €12,074 | €11,607 | -€466 | -3.9% |
| Amounts payable within one year | 42/48 | €12,074 | €11,607 | -€466 | -3.9% |
| Trade debts | 44 | €1,146 | €557 | -€589 | -51.4% |
| Suppliers | 440/4 | €1,146 | €557 | -€589 | -51.4% |
| Taxes, remuneration and social security | 45 | €10,927 | €11,050 | +€123 | +1.1% |
| Taxes | 450/3 | €10,927 | €11,050 | +€123 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,642 | €12,499 | +€4,857 | +63.5% |
| Other operating charges | 640/8 | €1,492 | €1,967 | +€475 | +31.9% |
| Gross operating margin | 9900 | €388,997 | €490,026 | +€101,029 | +26.0% |
| Operating profit (loss) | 9901 | €379,863 | €475,560 | +€95,697 | +25.2% |
| Financial income | 75/76B | €40,456 | €38,240 | -€2,216 | -5.5% |
| Recurring financial income | 75 | €40,456 | €38,240 | -€2,216 | -5.5% |
| Financial charges | 65/66B | €117 | €133 | +€16 | +14.0% |
| Recurring financial charges | 65 | €117 | €133 | +€16 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €420,202 | €513,667 | +€93,465 | +22.2% |
| Income taxes | 67/77 | €130,568 | €161,298 | +€30,730 | +23.5% |
| Profit (loss) for the period | 9904 | €289,634 | €352,369 | +€62,735 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €289,634 | €352,369 | +€62,735 | +21.7% |
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 27 October 2026 via checked.be.