Natacha Dewyngaert: what changed
Natacha Dewyngaert
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash +€28,188
up €28,188 (+85.4%), from €32,994 to €61,182
mainly Net result for the year (+€94,362) and Tax, wage and social debts (+€34,822)
- Reserves +€94,362
up €94,362 (+428%), from €22,047 to €116,409
- Tax, wage and social debts +€34,822
up €34,822 (+251%), from €13,859 to €48,681
- Gross operating margin +€95,590
up €95,590 (+311%), from €30,747 to €126,337
- Taxes +€20,313
up €20,313 (+323%), from €6,281 to €26,594
- Financial charges +€2,360
up €2,360 (+132%), from €1,788 to €4,148
- Depreciation +€1,267
up €1,267 (+199%), from €636 to €1,904
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,559 | €172,725 | +€130,167 | +306% |
| Fixed assets | 21/28 | €8,005 | €9,657 | +€1,652 | +20.6% |
| Tangible fixed assets | 22/27 | €8,005 | €9,657 | +€1,652 | +20.6% |
| Land and buildings | 22 | - | €3,381 | +€3,381 | |
| Plant, machinery and equipment | 23 | €8,005 | €6,277 | -€1,728 | -21.6% |
| Current assets | 29/58 | €34,554 | €163,068 | +€128,514 | +372% |
| Amounts receivable within one year | 40/41 | - | €278 | +€278 | |
| Trade receivables | 40 | - | €278 | +€278 | |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €32,994 | €61,182 | +€28,188 | +85.4% |
| Deferred charges and accrued income | 490/1 | €1,560 | €1,609 | +€49 | +3.1% |
| Total equity and liabilities | 10/49 | €42,559 | €172,725 | +€130,167 | +306% |
| Equity | 10/15 | €27,047 | €121,409 | +€94,362 | +349% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,047 | €116,409 | +€94,362 | +428% |
| Distributable reserves | 133 | €22,047 | €116,409 | +€94,362 | +428% |
| Amounts payable | 17/49 | €15,512 | €51,316 | +€35,805 | +231% |
| Amounts payable within one year | 42/48 | €15,512 | €51,316 | +€35,805 | +231% |
| Trade debts | 44 | €1,188 | €2,020 | +€832 | +70.1% |
| Suppliers | 440/4 | €1,188 | €2,020 | +€832 | +70.1% |
| Taxes, remuneration and social security | 45 | €13,859 | €48,681 | +€34,822 | +251% |
| Taxes | 450/3 | €13,859 | €48,681 | +€34,822 | +251% |
| Other amounts payable | 47/48 | €465 | €615 | +€151 | +32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €636 | €1,904 | +€1,267 | +199% |
| Other operating charges | 640/8 | - | €35 | +€35 | |
| Gross operating margin | 9900 | €30,747 | €126,337 | +€95,590 | +311% |
| Operating profit (loss) | 9901 | €30,111 | €124,398 | +€94,288 | +313% |
| Financial income | 75/76B | €6 | €705 | +€700 | +12,562% |
| Recurring financial income | 75 | €6 | €705 | +€700 | +12,562% |
| Financial charges | 65/66B | €1,788 | €4,148 | +€2,360 | +132% |
| Recurring financial charges | 65 | €1,788 | €4,148 | +€2,360 | +132% |
| Profit (loss) for the period before taxes | 9903 | €28,328 | €120,956 | +€92,628 | +327% |
| Income taxes | 67/77 | €6,281 | €26,594 | +€20,313 | +323% |
| Profit (loss) for the period | 9904 | €22,047 | €94,362 | +€72,315 | +328% |
| Profit (loss) for the period to be appropriated | 9905 | €22,047 | €94,362 | +€72,315 | +328% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.