Tools4Patient: 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.
What changed
Tools4Patient
NACE 72.200, Scientific research and development
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€3.7m
2024 · -€2.9m-€813,398
Equity
€19.5m
2024 · €17.4m+€2.1m
Cash
€622,507
2024 · €491,612+€130,895
Balance sheet total
€23.1m
2024 · €22.0m+€1.2m
Largest movements
Assets
- Current investments +€600,000
new in 2025: €600,000
- Intangible fixed assets +€531,463
up €531,463 (+2.5%), from €21.1m to €21.6m
Equity and liabilities
- Contributions +€6.0m
up €6.0m (+25.7%), from €23.4m to €29.4m
- Profit (loss) carried forward -€3.7m
down €3.7m (-48.4%), from -€7.7m to -€11.5m
- Debts after one year -€747,966
down €747,966 (-24.4%), from €3.1m to €2.3m
of which Financial debts: -€677,084
Income statement
- Gross operating margin -€1.3m
down €1.3m, from €825,540 to -€431,027
- Financial charges -€180,202
down €180,202 (-63.3%), from €284,870 to €104,668
- Depreciation +€165,741
up €165,741 (+13.8%), from €1.2m to €1.4m
- Staff costs +€108,160
up €108,160 (+5.6%), from €1.9m to €2.0m
- Financial income -€98,941
down €98,941 (-33.1%), from €298,798 to €199,857
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.
Result 2024
-€2.9m
Gross operating margin
-€1.3m
Staff costs
-€108,160
Depreciation
-€165,741
Write-downs
-€945
Other operating charges
+€16,546
Other operating items
+€620,208
Financial income
-€98,941
Financial charges
+€180,202
Result 2025
-€3.7m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€2.5m
Investment
-€2.5m
Financing
+€5.1m
Cash 2024
€491,612
From operations (derived)
-€2.5m
Net result for the year
-€3.7m
Depreciation
+€1.4m
Receivables within one year
+€62,653
Deferred charges and accrued income
+€20,986
Smaller working-capital items
-€5,546
Tax, wage and social debts
-€220,807
Investment (derived)
-€2.5m
Investment in fixed assets (net)
-€1.9m
Current investments
-€600,000
Financing
+€5.1m
Debts after one year
-€747,966
Current portion of long-term debt
+€15,144
Contributions, distributions and other
+€5.9m
Cash 2025
€622,507
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,971,367 | €23,126,907 | +€1.2m | +5.3% |
| Fixed assets | 21/28 | €21,173,054 | €21,681,339 | +€508,285 | +2.4% |
| Intangible fixed assets | 21 | €21,053,185 | €21,584,648 | +€531,463 | +2.5% |
| Tangible fixed assets | 22/27 | €117,541 | €94,428 | -€23,113 | -19.7% |
| Furniture and vehicles | 24 | €27,736 | €20,420 | -€7,316 | -26.4% |
| Other tangible fixed assets | 26 | €89,806 | €74,009 | -€15,797 | -17.6% |
| Financial fixed assets | 28 | €2,328 | €2,263 | -€65 | -2.8% |
| Current assets | 29/58 | €798,313 | €1,445,569 | +€647,256 | +81.1% |
| Amounts receivable within one year | 40/41 | €179,778 | €117,125 | -€62,653 | -34.9% |
| Trade receivables | 40 | €108,618 | €54,195 | -€54,423 | -50.1% |
| Other amounts receivable | 41 | €71,160 | €62,930 | -€8,230 | -11.6% |
| Current investments | 50/53 | - | €600,000 | +€600,000 | |
| Cash at bank and in hand | 54/58 | €491,612 | €622,507 | +€130,895 | +26.6% |
| Deferred charges and accrued income | 490/1 | €126,923 | €105,937 | -€20,986 | -16.5% |
| Total equity and liabilities | 10/49 | €21,971,367 | €23,126,907 | +€1.2m | +5.3% |
| Equity | 10/15 | €17,365,397 | €19,480,111 | +€2.1m | +12.2% |
| Contributions | 10/11 | €23,359,852 | €29,359,852 | +€6.0m | +25.7% |
| Capital | 10 | €23,359,852 | €29,359,852 | +€6.0m | +25.7% |
| Issued capital | 100 | €23,359,852 | €29,359,852 | +€6.0m | +25.7% |
| Profit (loss) carried forward | 14 | -€7,742,946 | -€11,490,819 | -€3.7m | -48.4% |
| Investment grants | 15 | €1,748,491 | €1,611,078 | -€137,413 | -7.9% |
| Amounts payable | 17/49 | €4,605,970 | €3,646,796 | -€959,174 | -20.8% |
| Amounts payable after more than one year | 17 | €3,064,552 | €2,316,586 | -€747,966 | -24.4% |
| Financial debts | 170/4 | €1,151,209 | €474,125 | -€677,084 | -58.8% |
| Other amounts payable | 178/9 | €1,913,343 | €1,842,461 | -€70,882 | -3.7% |
| Amounts payable within one year | 42/48 | €1,438,871 | €1,235,805 | -€203,065 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €732,821 | €747,966 | +€15,144 | +2.1% |
| Trade debts | 44 | €210,350 | €212,947 | +€2,597 | +1.2% |
| Suppliers | 440/4 | €210,350 | €212,947 | +€2,597 | +1.2% |
| Taxes, remuneration and social security | 45 | €495,699 | €274,893 | -€220,807 | -44.5% |
| Remuneration and social security | 454/9 | €495,699 | €274,893 | -€220,807 | -44.5% |
| Accrued charges and deferred income | 492/3 | €102,547 | €94,405 | -€8,143 | -7.9% |
| Non-recurring operating income | 76A | €3,500 | - | -€3,500 | |
| Remuneration, social security and pensions | 62 | €1,934,610 | €2,042,770 | +€108,160 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,201,648 | €1,367,389 | +€165,741 | +13.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€945 | - | +€945 | |
| Other operating charges | 640/8 | €18,421 | €1,875 | -€16,546 | -89.8% |
| Non-recurring operating charges | 66A | €620,208 | - | -€620,208 | |
| Gross operating margin | 9900 | €825,540 | -€431,027 | -€1.3m | |
| Operating profit (loss) | 9901 | -€2,948,403 | -€3,843,061 | -€894,659 | -30.3% |
| Financial income | 75/76B | €298,798 | €199,857 | -€98,941 | -33.1% |
| Recurring financial income | 75 | €298,798 | €199,857 | -€98,941 | -33.1% |
| Financial charges | 65/66B | €284,870 | €104,668 | -€180,202 | -63.3% |
| Recurring financial charges | 65 | €284,870 | €104,668 | -€180,202 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,934,475 | -€3,747,873 | -€813,398 | -27.7% |
| Profit (loss) for the period | 9904 | -€2,934,475 | -€3,747,873 | -€813,398 | -27.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,934,475 | -€3,747,873 | -€813,398 | -27.7% |
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 19 October 2026 via checked.be.