Iris Van der Donckt: 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.
Iris Van der Donckt
Largest movements
- Receivables within one year +€54,673
up €54,673 (+7,083%), from €772 to €55,445
- Tangible fixed assets +€18,257
up €18,257 (+141%), from €12,966 to €31,223
of which Other tangible fixed assets: +€22,358
- Cash +€15,152
up €15,152 (+18.2%), from €83,305 to €98,457
mainly Net result for the year (+€105,658) and Current portion of long-term debt (+€12,000)
- Current investments +€3,500
new in 2025: €3,500
- Reserves +€105,000
up €105,000 (+5,250%), from €2,000 to €107,000
of which Distributable reserves: +€105,000
- Other debts -€23,133
down €23,133 (-92.5%), from €25,000 to €1,867
- Current portion of long-term debt +€12,000
new in 2025: €12,000
- Short-term financial debts -€6,981
down €6,981 (-76.8%), from €9,094 to €2,113
- Tax, wage and social debts +€3,805
up €3,805 (+31.5%), from €12,098 to €15,904
- Gross operating margin +€113,535
up €113,535 (+259%), from €43,855 to €157,389
- Taxes +€22,970
up €22,970 (+95.5%), from €24,063 to €47,034
- Staff costs -€2,445
no longer reported in 2025 (was €2,445)
- Depreciation -€2,073
down €2,073 (-33.6%), from €6,173 to €4,100
- Financial income +€1,639
up €1,639 (+193%), from €849 to €2,488
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 | €99,043 | €190,625 | +€91,582 | +92.5% |
| Fixed assets | 21/28 | €14,966 | €33,223 | +€18,257 | +122% |
| Tangible fixed assets | 22/27 | €12,966 | €31,223 | +€18,257 | +141% |
| Land and buildings | 22 | €6,896 | €5,784 | -€1,112 | -16.1% |
| Furniture and vehicles | 24 | €6,070 | €3,081 | -€2,989 | -49.2% |
| Other tangible fixed assets | 26 | - | €22,358 | +€22,358 | |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €84,077 | €157,402 | +€73,325 | +87.2% |
| Amounts receivable within one year | 40/41 | €772 | €55,445 | +€54,673 | +7,083% |
| Other amounts receivable | 41 | €772 | €55,445 | +€54,673 | +7,083% |
| Current investments | 50/53 | - | €3,500 | +€3,500 | |
| Cash at bank and in hand | 54/58 | €83,305 | €98,457 | +€15,152 | +18.2% |
| Total equity and liabilities | 10/49 | €99,043 | €190,625 | +€91,582 | +92.5% |
| Equity | 10/15 | €52,850 | €158,508 | +€105,658 | +200% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €107,000 | +€105,000 | +5,250% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €105,000 | +€105,000 | |
| Profit (loss) carried forward | 14 | €30,850 | €31,508 | +€658 | +2.1% |
| Amounts payable | 17/49 | €46,192 | €32,116 | -€14,076 | -30.5% |
| Amounts payable within one year | 42/48 | €46,192 | €32,116 | -€14,076 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | - | €12,000 | +€12,000 | |
| Financial debts | 43 | €9,094 | €2,113 | -€6,981 | -76.8% |
| Credit institutions | 430/8 | €9,094 | €2,113 | -€6,981 | -76.8% |
| Trade debts | 44 | - | €233 | +€233 | |
| Suppliers | 440/4 | - | €233 | +€233 | |
| Taxes, remuneration and social security | 45 | €12,098 | €15,904 | +€3,805 | +31.5% |
| Taxes | 450/3 | €12,098 | €15,904 | +€3,805 | +31.5% |
| Other amounts payable | 47/48 | €25,000 | €1,867 | -€23,133 | -92.5% |
| Remuneration, social security and pensions | 62 | €2,445 | - | -€2,445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,173 | €4,100 | -€2,073 | -33.6% |
| Other operating charges | 640/8 | €826 | €1,659 | +€834 | +101% |
| Gross operating margin | 9900 | €43,855 | €157,389 | +€113,535 | +259% |
| Operating profit (loss) | 9901 | €34,411 | €151,630 | +€117,219 | +341% |
| Financial income | 75/76B | €849 | €2,488 | +€1,639 | +193% |
| Recurring financial income | 75 | €849 | €2,488 | +€1,639 | +193% |
| Financial charges | 65/66B | €153 | €1,425 | +€1,272 | +829% |
| Recurring financial charges | 65 | €153 | €1,425 | +€1,272 | +829% |
| Profit (loss) for the period before taxes | 9903 | €35,106 | €152,692 | +€117,586 | +335% |
| Income taxes | 67/77 | €24,063 | €47,034 | +€22,970 | +95.5% |
| Profit (loss) for the period | 9904 | €11,043 | €105,658 | +€94,615 | +857% |
| Profit (loss) for the period to be appropriated | 9905 | €11,043 | €105,658 | +€94,615 | +857% |
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 22 October 2026 via checked.be.