ENDOCRINE UNIT: what changed
Two fiscal 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.
ENDOCRINE UNIT
Largest movements
- Cash +€142,725
up €142,725 (+45.0%), from €317,316 to €460,041
mainly Provisions (+€135,800) and Other debts (+€95,645)
- Current investments +€73,407
up €73,407 (+29.0%), from €252,807 to €326,214
- Tangible fixed assets -€41,138
down €41,138 (-14.9%), from €276,673 to €235,536
of which Furniture and vehicles: -€38,896
- Receivables within one year -€22,274
no longer reported in 2025 (was €22,274)
- Provisions +€135,800
new in 2025: €135,800
- Other debts +€95,645
up €95,645 (+340.4%), from €28,100 to €123,745
- Reserves -€56,237
down €56,237 (-7.8%), from €717,831 to €661,594
- Debts after one year -€13,881
down €13,881 (-17.2%), from €80,923 to €67,041
- Provisions +€135,800
new in 2025: €135,800
- Gross operating margin -€52,961
down €52,961 (-14.6%), from €362,254 to €309,293
- Depreciation -€19,419
down €19,419 (-50.9%), from €38,119 to €18,700
- Financial income -€14,575
down €14,575 (-82.0%), from €17,783 to €3,208
- Taxes +€11,916
up €11,916 (+18.4%), from €64,776 to €76,692
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 | €872,355 | €1,027,055 | +€154,700 | +17.7% |
| Fixed assets | 21/28 | €276,923 | €235,786 | -€41,138 | -14.9% |
| Tangible fixed assets | 22/27 | €276,673 | €235,536 | -€41,138 | -14.9% |
| Land and buildings | 22 | €219,719 | €219,841 | +€122 | +0.1% |
| Plant, machinery and equipment | 23 | €3,257 | €1,967 | -€1,290 | -39.6% |
| Furniture and vehicles | 24 | €45,064 | €6,168 | -€38,896 | -86.3% |
| Other tangible fixed assets | 26 | €8,634 | €7,561 | -€1,073 | -12.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €595,432 | €791,269 | +€195,837 | +32.9% |
| Amounts receivable within one year | 40/41 | €22,274 | - | -€22,274 | |
| Other amounts receivable | 41 | €22,274 | - | -€22,274 | |
| Current investments | 50/53 | €252,807 | €326,214 | +€73,407 | +29.0% |
| Cash at bank and in hand | 54/58 | €317,316 | €460,041 | +€142,725 | +45.0% |
| Deferred charges and accrued income | 490/1 | €3,034 | €5,015 | +€1,980 | +65.3% |
| Total equity and liabilities | 10/49 | €872,355 | €1,027,055 | +€154,700 | +17.7% |
| Equity | 10/15 | €736,431 | €680,194 | -€56,237 | -7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €717,831 | €661,594 | -€56,237 | -7.8% |
| Distributable reserves | 133 | €717,831 | €661,594 | -€56,237 | -7.8% |
| Provisions and deferred taxes | 16 | - | €135,800 | +€135,800 | |
| Provisions for liabilities and charges | 160/5 | - | €135,800 | +€135,800 | |
| Other liabilities and charges | 164/5 | - | €135,800 | +€135,800 | |
| Amounts payable | 17/49 | €135,924 | €211,061 | +€75,137 | +55.3% |
| Amounts payable after more than one year | 17 | €80,923 | €67,041 | -€13,881 | -17.2% |
| Financial debts | 170/4 | €80,923 | €67,041 | -€13,881 | -17.2% |
| Amounts payable within one year | 42/48 | €55,002 | €144,019 | +€89,018 | +161.8% |
| Current portion of amounts payable after more than one year | 42 | €13,625 | €13,881 | +€256 | +1.9% |
| Trade debts | 44 | €6,578 | €386 | -€6,192 | -94.1% |
| Suppliers | 440/4 | €6,578 | €386 | -€6,192 | -94.1% |
| Taxes, remuneration and social security | 45 | €6,699 | €6,008 | -€691 | -10.3% |
| Taxes | 450/3 | €6,699 | €6,008 | -€691 | -10.3% |
| Other amounts payable | 47/48 | €28,100 | €123,745 | +€95,645 | +340.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,119 | €18,700 | -€19,419 | -50.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €135,800 | +€135,800 | |
| Other operating charges | 640/8 | €7,427 | €3,401 | -€4,025 | -54.2% |
| Gross operating margin | 9900 | €362,254 | €309,293 | -€52,961 | -14.6% |
| Operating profit (loss) | 9901 | €316,708 | €151,392 | -€165,316 | -52.2% |
| Financial income | 75/76B | €17,783 | €3,208 | -€14,575 | -82.0% |
| Recurring financial income | 75 | €17,783 | €3,208 | -€14,575 | -82.0% |
| Financial charges | 65/66B | €3,017 | €2,450 | -€567 | -18.8% |
| Recurring financial charges | 65 | €3,017 | €2,450 | -€567 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €331,474 | €152,149 | -€179,325 | -54.1% |
| Income taxes | 67/77 | €64,776 | €76,692 | +€11,916 | +18.4% |
| Profit (loss) for the period | 9904 | €266,698 | €75,457 | -€191,240 | -71.7% |
| Profit (loss) for the period to be appropriated | 9905 | €266,698 | €75,457 | -€191,240 | -71.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.