Science 41: 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.
Science 41
Largest movements
- Cash -€142,917
down €142,917 (-76.8%), from €186,091 to €43,174
mainly Trade debts (-€137,610) and Net result for the year (-€137,295)
- Trade debts -€137,610
down €137,610 (-24.3%), from €565,319 to €427,708
- Profit (loss) carried forward -€137,295
down €137,295 (-12.5%), from -€1.1m to -€1.2m
- Financial charges -€483,727
down €483,727 (-50.9%), from €949,676 to €465,950
- Other operating charges -€305,042
down €305,042 (-58.8%), from €518,464 to €213,422
- Gross operating margin +€105,369
up €105,369 (+19.0%), from €555,383 to €660,752
- Depreciation -€66,795
down €66,795 (-36.0%), from €185,470 to €118,675
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.
Cash bridge derived
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 | €11,983,346 | €11,807,910 | -€175,437 | -1.5% |
| Fixed assets | 21/28 | €11,697,097 | €11,690,284 | -€6,814 | -0.1% |
| Tangible fixed assets | 22/27 | €11,697,097 | €11,690,284 | -€6,814 | -0.1% |
| Land and buildings | 22 | €11,697,097 | €11,690,284 | -€6,814 | -0.1% |
| Current assets | 29/58 | €286,249 | €117,626 | -€168,623 | -58.9% |
| Amounts receivable within one year | 40/41 | €100,158 | €74,452 | -€25,706 | -25.7% |
| Trade receivables | 40 | €879 | €62,776 | +€61,896 | +7039.3% |
| Other amounts receivable | 41 | €99,279 | €11,676 | -€87,603 | -88.2% |
| Cash at bank and in hand | 54/58 | €186,091 | €43,174 | -€142,917 | -76.8% |
| Total equity and liabilities | 10/49 | €11,983,346 | €11,807,910 | -€175,437 | -1.5% |
| Equity | 10/15 | -€98,228 | -€235,523 | -€137,295 | -139.8% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,098,228 | -€1,235,523 | -€137,295 | -12.5% |
| Amounts payable | 17/49 | €12,081,574 | €12,043,432 | -€38,142 | -0.3% |
| Amounts payable within one year | 42/48 | €12,065,545 | €12,031,640 | -€33,904 | -0.3% |
| Trade debts | 44 | €565,319 | €427,708 | -€137,610 | -24.3% |
| Suppliers | 440/4 | €565,319 | €427,708 | -€137,610 | -24.3% |
| Taxes, remuneration and social security | 45 | €41,831 | €27,111 | -€14,719 | -35.2% |
| Taxes | 450/3 | €41,831 | €27,111 | -€14,719 | -35.2% |
| Other amounts payable | 47/48 | €11,458,395 | €11,576,821 | +€118,425 | +1.0% |
| Accrued charges and deferred income | 492/3 | €16,029 | €11,792 | -€4,237 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,470 | €118,675 | -€66,795 | -36.0% |
| Other operating charges | 640/8 | €518,464 | €213,422 | -€305,042 | -58.8% |
| Gross operating margin | 9900 | €555,383 | €660,752 | +€105,369 | +19.0% |
| Operating profit (loss) | 9901 | -€148,551 | €328,655 | +€477,206 | |
| Financial charges | 65/66B | €949,676 | €465,950 | -€483,727 | -50.9% |
| Recurring financial charges | 65 | €949,676 | €465,950 | -€483,727 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,098,228 | -€137,295 | +€960,933 | +87.5% |
| Profit (loss) for the period | 9904 | -€1,098,228 | -€137,295 | +€960,933 | +87.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,098,228 | -€137,295 | +€960,933 | +87.5% |
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 11 October 2026 via checked.be.