RheumaFinder: 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.
RheumaFinder
Largest movements
- Intangible fixed assets +€287,183
up €287,183 (+68.0%), from €422,146 to €709,329
- Cash +€22,901
up €22,901 (+14.9%), from €153,955 to €176,856
mainly Debts after one year (+€350,000) and Accrued charges and deferred income (+€100,102)
- Debts after one year +€350,000
up €350,000 (+854%), from €41,000 to €391,000
of which Financial debts: +€350,000
- Profit (loss) carried forward -€284,346
down €284,346 (-1,719%), from -€16,541 to -€300,887
- Accrued charges and deferred income +€100,102
new in 2025: €100,102
- Contributions +€99,994
up €99,994 (+17.7%), from €564,992 to €664,986
- Tax, wage and social debts +€36,387
up €36,387 (+293%), from €12,428 to €48,814
of which Remuneration and social security: +€32,560
- Staff costs +€191,736
up €191,736 (+290%), from €66,100 to €257,836
- Depreciation +€84,126
up €84,126 (+2,326%), from €3,617 to €87,744
- Gross operating margin +€32,444
up €32,444 (+80.7%), from €40,225 to €72,669
- Financial charges +€20,884
up €20,884 (+15,048%), from €139 to €21,023
- Taxes +€4,512
up €4,512 (+33.0%), from -€13,687 to -€9,176
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 | €621,614 | €939,100 | +€317,486 | +51.1% |
| Fixed assets | 21/28 | €422,146 | €710,725 | +€288,579 | +68.4% |
| Intangible fixed assets | 21 | €422,146 | €709,329 | +€287,183 | +68.0% |
| Tangible fixed assets | 22/27 | - | €1,395 | +€1,395 | |
| Furniture and vehicles | 24 | - | €1,395 | +€1,395 | |
| Current assets | 29/58 | €199,468 | €228,375 | +€28,907 | +14.5% |
| Amounts receivable within one year | 40/41 | €44,390 | €50,410 | +€6,020 | +13.6% |
| Other amounts receivable | 41 | €44,390 | €50,410 | +€6,020 | +13.6% |
| Cash at bank and in hand | 54/58 | €153,955 | €176,856 | +€22,901 | +14.9% |
| Deferred charges and accrued income | 490/1 | €1,123 | €1,109 | -€14 | -1.2% |
| Total equity and liabilities | 10/49 | €621,614 | €939,100 | +€317,486 | +51.1% |
| Equity | 10/15 | €548,451 | €364,098 | -€184,353 | -33.6% |
| Contributions | 10/11 | €564,992 | €664,986 | +€99,994 | +17.7% |
| Profit (loss) carried forward | 14 | -€16,541 | -€300,887 | -€284,346 | -1,719% |
| Amounts payable | 17/49 | €73,163 | €575,002 | +€501,838 | +686% |
| Amounts payable after more than one year | 17 | €41,000 | €391,000 | +€350,000 | +854% |
| Financial debts | 170/4 | €25,000 | €375,000 | +€350,000 | +1,400% |
| Other amounts payable | 178/9 | €16,000 | €16,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,163 | €83,900 | +€51,737 | +161% |
| Financial debts | 43 | €92 | €211 | +€120 | +130% |
| Credit institutions | 430/8 | €92 | €211 | +€120 | +130% |
| Trade debts | 44 | €17,930 | €33,160 | +€15,231 | +84.9% |
| Suppliers | 440/4 | €17,930 | €33,160 | +€15,231 | +84.9% |
| Taxes, remuneration and social security | 45 | €12,428 | €48,814 | +€36,387 | +293% |
| Taxes | 450/3 | €2,077 | €5,903 | +€3,826 | +184% |
| Remuneration and social security | 454/9 | €10,350 | €42,911 | +€32,560 | +315% |
| Other amounts payable | 47/48 | €1,714 | €1,714 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €100,102 | +€100,102 | |
| Remuneration, social security and pensions | 62 | €66,100 | €257,836 | +€191,736 | +290% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,617 | €87,744 | +€84,126 | +2,326% |
| Other operating charges | 640/8 | €772 | €544 | -€228 | -29.5% |
| Gross operating margin | 9900 | €40,225 | €72,669 | +€32,444 | +80.7% |
| Operating profit (loss) | 9901 | -€30,264 | -€273,455 | -€243,190 | -804% |
| Financial income | 75/76B | €175 | €955 | +€781 | +447% |
| Recurring financial income | 75 | €175 | €955 | +€781 | +447% |
| Financial charges | 65/66B | €139 | €21,023 | +€20,884 | +15,048% |
| Recurring financial charges | 65 | €139 | €21,023 | +€20,884 | +15,048% |
| Profit (loss) for the period before taxes | 9903 | -€30,228 | -€293,522 | -€263,293 | -871% |
| Income taxes | 67/77 | -€13,687 | -€9,176 | +€4,512 | +33.0% |
| Profit (loss) for the period | 9904 | -€16,541 | -€284,346 | -€267,805 | -1,619% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,541 | -€284,346 | -€267,805 | -1,619% |
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 21 October 2026 via checked.be.