PATRICK VAN DAMME: 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.
PATRICK VAN DAMME
Largest movements
- Cash +€18,550
up €18,550 (+37.2%), from €49,907 to €68,457
mainly Net result for the year (+€19,603) and Receivables within one year (+€2,865)
- Tangible fixed assets +€3,928
new in 2025: €3,928
- Receivables within one year -€2,865
down €2,865 (-34.8%), from €8,233 to €5,368
of which Other amounts receivable: -€1,794
- Reserves +€19,603
up €19,603 (+9.1%), from €216,053 to €235,657
of which Distributable reserves: +€19,603
- Gross operating margin +€2,311
up €2,311 (+9.3%), from €24,946 to €27,257
- Financial income -€1,165
down €1,165 (-19.0%), from €6,132 to €4,966
- Depreciation +€1,038
new in 2025: €1,038
- Taxes -€327
down €327 (-3.1%), from €10,677 to €10,351
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 | €233,141 | €252,753 | +€19,612 | +8.4% |
| Fixed assets | 21/28 | - | €3,928 | +€3,928 | |
| Tangible fixed assets | 22/27 | - | €3,928 | +€3,928 | |
| Furniture and vehicles | 24 | - | €3,928 | +€3,928 | |
| Current assets | 29/58 | €233,141 | €248,825 | +€15,685 | +6.7% |
| Amounts receivable within one year | 40/41 | €8,233 | €5,368 | -€2,865 | -34.8% |
| Trade receivables | 40 | €6,300 | €5,229 | -€1,071 | -17.0% |
| Other amounts receivable | 41 | €1,933 | €139 | -€1,794 | -92.8% |
| Current investments | 50/53 | €175,000 | €175,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,907 | €68,457 | +€18,550 | +37.2% |
| Total equity and liabilities | 10/49 | €233,141 | €252,753 | +€19,612 | +8.4% |
| Equity | 10/15 | €229,403 | €249,007 | +€19,603 | +8.5% |
| Contributions | 10/11 | €13,350 | €13,350 | = | 0.0% |
| Reserves | 13 | €216,053 | €235,657 | +€19,603 | +9.1% |
| Tax-exempt reserves | 132 | €9,100 | €9,100 | = | 0.0% |
| Distributable reserves | 133 | €206,953 | €226,557 | +€19,603 | +9.5% |
| Amounts payable | 17/49 | €3,738 | €3,747 | +€9 | +0.2% |
| Amounts payable within one year | 42/48 | €3,738 | €3,747 | +€9 | +0.2% |
| Trade debts | 44 | €528 | €424 | -€105 | -19.8% |
| Suppliers | 440/4 | €528 | €424 | -€105 | -19.8% |
| Taxes, remuneration and social security | 45 | €3,210 | €3,323 | +€113 | +3.5% |
| Taxes | 450/3 | €3,210 | €3,323 | +€113 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,038 | +€1,038 | |
| Other operating charges | 640/8 | €1,074 | €1,098 | +€24 | +2.2% |
| Gross operating margin | 9900 | €24,946 | €27,257 | +€2,311 | +9.3% |
| Operating profit (loss) | 9901 | €23,872 | €25,121 | +€1,249 | +5.2% |
| Financial income | 75/76B | €6,132 | €4,966 | -€1,165 | -19.0% |
| Recurring financial income | 75 | €6,132 | €4,966 | -€1,165 | -19.0% |
| Financial charges | 65/66B | €175 | €133 | -€42 | -23.9% |
| Recurring financial charges | 65 | €175 | €133 | -€42 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €29,829 | €29,954 | +€125 | +0.4% |
| Income taxes | 67/77 | €10,677 | €10,351 | -€327 | -3.1% |
| Profit (loss) for the period | 9904 | €19,152 | €19,603 | +€452 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,152 | €19,603 | +€452 | +2.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.