D. PEETERS PATHOLOGIE: 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.
D. PEETERS PATHOLOGIE
Largest movements
- Current investments +€95,927
up €95,927 (+195%), from €49,104 to €145,031
- Receivables within one year +€19,600
up €19,600 (+4,197%), from €467 to €20,067
of which Trade receivables: +€13,514
- Deferred charges and accrued income -€12,251
down €12,251 (-20.2%), from €60,635 to €48,384
- Tangible fixed assets +€6,799
up €6,799 (+127%), from €5,374 to €12,173
of which Furniture and vehicles: +€7,953
- Cash -€5,938
down €5,938 (-56.5%), from €10,505 to €4,567
mainly Contributions, distributions and other (-€205,063) and Current investments (-€95,927)
- Other debts +€111,604
up €111,604 (+146%), from €76,534 to €188,138
- Tax, wage and social debts -€6,252
down €6,252 (-28.4%), from €22,019 to €15,767
- Gross operating margin +€4,780
up €4,780 (+1.8%), from €269,219 to €273,999
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 | €126,085 | €230,221 | +€104,136 | +82.6% |
| Fixed assets | 21/28 | €5,374 | €12,173 | +€6,799 | +127% |
| Tangible fixed assets | 22/27 | €5,374 | €12,173 | +€6,799 | +127% |
| Land and buildings | 22 | €3,342 | €2,719 | -€623 | -18.6% |
| Plant, machinery and equipment | 23 | €1,591 | €1,060 | -€531 | -33.4% |
| Furniture and vehicles | 24 | €441 | €8,394 | +€7,953 | +1,802% |
| Current assets | 29/58 | €120,711 | €218,048 | +€97,338 | +80.6% |
| Amounts receivable within one year | 40/41 | €467 | €20,067 | +€19,600 | +4,197% |
| Trade receivables | 40 | €467 | €13,981 | +€13,514 | +2,894% |
| Other amounts receivable | 41 | - | €6,086 | +€6,086 | |
| Current investments | 50/53 | €49,104 | €145,031 | +€95,927 | +195% |
| Cash at bank and in hand | 54/58 | €10,505 | €4,567 | -€5,938 | -56.5% |
| Deferred charges and accrued income | 490/1 | €60,635 | €48,384 | -€12,251 | -20.2% |
| Total equity and liabilities | 10/49 | €126,085 | €230,221 | +€104,136 | +82.6% |
| Equity | 10/15 | €18,550 | €18,550 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Amounts payable | 17/49 | €107,535 | €211,671 | +€104,136 | +96.8% |
| Amounts payable within one year | 42/48 | €107,535 | €211,671 | +€104,136 | +96.8% |
| Financial debts | 43 | €8,035 | €7,767 | -€268 | -3.3% |
| Credit institutions | 430/8 | €384 | €140 | -€244 | -63.6% |
| Other loans | 439 | €7,651 | €7,627 | -€23 | -0.3% |
| Trade debts | 44 | €948 | - | -€948 | |
| Suppliers | 440/4 | €948 | - | -€948 | |
| Taxes, remuneration and social security | 45 | €22,019 | €15,767 | -€6,252 | -28.4% |
| Taxes | 450/3 | €22,019 | €15,767 | -€6,252 | -28.4% |
| Other amounts payable | 47/48 | €76,534 | €188,138 | +€111,604 | +146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,625 | €3,302 | +€677 | +25.8% |
| Other operating charges | 640/8 | €1,501 | €659 | -€843 | -56.1% |
| Gross operating margin | 9900 | €269,219 | €273,999 | +€4,780 | +1.8% |
| Operating profit (loss) | 9901 | €265,092 | €270,038 | +€4,946 | +1.9% |
| Financial income | 75/76B | €322 | €732 | +€410 | +127% |
| Recurring financial income | 75 | €322 | €732 | +€410 | +127% |
| Financial charges | 65/66B | €1,972 | €1,576 | -€396 | -20.1% |
| Recurring financial charges | 65 | €1,972 | €1,576 | -€396 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €263,442 | €269,194 | +€5,752 | +2.2% |
| Income taxes | 67/77 | €62,396 | €64,130 | +€1,735 | +2.8% |
| Profit (loss) for the period | 9904 | €201,046 | €205,063 | +€4,017 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €201,046 | €205,063 | +€4,017 | +2.0% |
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 29 October 2026 via checked.be.