Prof. Dr. De Deyn: 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.
Prof. Dr. De Deyn
Largest movements
- Cash +€30,296
up €30,296 (+34.7%), from €87,315 to €117,611
mainly Net result for the year (+€20,939) and Other debts (+€7,384)
- Deferred charges and accrued income -€5,904
down €5,904 (-93.1%), from €6,342 to €438
- Reserves +€20,939
up €20,939 (+37.8%), from €55,407 to €76,346
- Other debts +€7,384
up €7,384 (+64.4%), from €11,473 to €18,857
- Trade debts -€2,839
down €2,839 (-24.0%), from €11,808 to €8,969
- Gross operating margin -€2,986
down €2,986 (-8.7%), from €34,377 to €31,391
- Taxes -€1,092
down €1,092 (-12.2%), from €8,969 to €7,877
- Other operating charges +€1,085
up €1,085 (+74.0%), from €1,466 to €2,551
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 | €93,657 | €118,049 | +€24,392 | +26.0% |
| Current assets | 29/58 | €93,657 | €118,049 | +€24,392 | +26.0% |
| Cash at bank and in hand | 54/58 | €87,315 | €117,611 | +€30,296 | +34.7% |
| Deferred charges and accrued income | 490/1 | €6,342 | €438 | -€5,904 | -93.1% |
| Total equity and liabilities | 10/49 | €93,657 | €118,049 | +€24,392 | +26.0% |
| Equity | 10/15 | €61,407 | €82,346 | +€20,939 | +34.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €55,407 | €76,346 | +€20,939 | +37.8% |
| Distributable reserves | 133 | €55,407 | €76,346 | +€20,939 | +37.8% |
| Amounts payable | 17/49 | €32,250 | €35,703 | +€3,453 | +10.7% |
| Amounts payable within one year | 42/48 | €32,250 | €35,703 | +€3,453 | +10.7% |
| Trade debts | 44 | €11,808 | €8,969 | -€2,839 | -24.0% |
| Suppliers | 440/4 | €11,808 | €8,969 | -€2,839 | -24.0% |
| Taxes, remuneration and social security | 45 | €8,969 | €7,877 | -€1,092 | -12.2% |
| Taxes | 450/3 | €8,969 | €7,877 | -€1,092 | -12.2% |
| Other amounts payable | 47/48 | €11,473 | €18,857 | +€7,384 | +64.4% |
| Other operating charges | 640/8 | €1,466 | €2,551 | +€1,085 | +74.0% |
| Gross operating margin | 9900 | €34,377 | €31,391 | -€2,986 | -8.7% |
| Operating profit (loss) | 9901 | €32,911 | €28,840 | -€4,071 | -12.4% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €32,887 | €28,816 | -€4,071 | -12.4% |
| Income taxes | 67/77 | €8,969 | €7,877 | -€1,092 | -12.2% |
| Profit (loss) for the period | 9904 | €23,918 | €20,939 | -€2,979 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,918 | €20,939 | -€2,979 | -12.5% |
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 14 October 2026 via checked.be.