Dierenarts Katrien De Roover: 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.
Dierenarts Katrien De Roover
Largest movements
- Tangible fixed assets +€56,649
up €56,649 (+10.6%), from €536,313 to €592,961
of which Land and buildings: +€60,780
- Current investments -€22,221
down €22,221 (-40.3%), from €55,187 to €32,965
- Cash +€11,872
up €11,872 (+37.7%), from €31,492 to €43,363
mainly Debts after one year (+€99,165) and Depreciation (+€33,378)
- Debts after one year +€99,165
up €99,165 (+39.2%), from €252,690 to €351,854
- Trade debts -€97,757
down €97,757 (-87.4%), from €111,827 to €14,071
- Provisions +€31,164
new in 2025: €31,164
- Profit (loss) carried forward -€19,790
down €19,790 (-75.6%), from €26,180 to €6,390
- Tax, wage and social debts +€18,918
up €18,918 (+133%), from €14,238 to €33,156
of which Taxes: +€14,075
- Provisions +€31,164
new in 2025: €31,164
- Gross operating margin +€28,818
up €28,818 (+18.7%), from €154,466 to €183,284
- Staff costs +€10,313
up €10,313 (+24.1%), from €42,766 to €53,079
- Depreciation +€8,173
up €8,173 (+32.4%), from €25,205 to €33,378
- Taxes +€4,693
up €4,693 (+30.4%), from €15,443 to €20,136
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 | €684,077 | €730,410 | +€46,333 | +6.8% |
| Formation expenses | 20 | €1,908 | €1,059 | -€849 | -44.5% |
| Fixed assets | 21/28 | €540,471 | €594,934 | +€54,463 | +10.1% |
| Intangible fixed assets | 21 | €4,159 | €1,973 | -€2,186 | -52.6% |
| Tangible fixed assets | 22/27 | €536,313 | €592,961 | +€56,649 | +10.6% |
| Land and buildings | 22 | €501,470 | €562,250 | +€60,780 | +12.1% |
| Plant, machinery and equipment | 23 | €31,298 | €23,588 | -€7,710 | -24.6% |
| Furniture and vehicles | 24 | €3,545 | €7,124 | +€3,579 | +101% |
| Current assets | 29/58 | €141,697 | €134,417 | -€7,280 | -5.1% |
| Stocks and contracts in progress | 3 | €20,528 | €25,575 | +€5,048 | +24.6% |
| Stocks | 30/36 | €20,528 | €25,575 | +€5,048 | +24.6% |
| Amounts receivable within one year | 40/41 | €31,189 | €30,281 | -€908 | -2.9% |
| Trade receivables | 40 | €114 | €2,908 | +€2,794 | +2,461% |
| Other amounts receivable | 41 | €31,075 | €27,373 | -€3,702 | -11.9% |
| Current investments | 50/53 | €55,187 | €32,965 | -€22,221 | -40.3% |
| Cash at bank and in hand | 54/58 | €31,492 | €43,363 | +€11,872 | +37.7% |
| Deferred charges and accrued income | 490/1 | €3,303 | €2,233 | -€1,070 | -32.4% |
| Total equity and liabilities | 10/49 | €684,077 | €730,410 | +€46,333 | +6.8% |
| Equity | 10/15 | €178,680 | €158,890 | -€19,790 | -11.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €150,000 | €150,000 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,180 | €6,390 | -€19,790 | -75.6% |
| Provisions and deferred taxes | 16 | - | €31,164 | +€31,164 | |
| Provisions for liabilities and charges | 160/5 | - | €31,164 | +€31,164 | |
| Other liabilities and charges | 164/5 | - | €31,164 | +€31,164 | |
| Amounts payable | 17/49 | €505,397 | €540,356 | +€34,959 | +6.9% |
| Amounts payable after more than one year | 17 | €252,690 | €351,854 | +€99,165 | +39.2% |
| Financial debts | 170/4 | €252,690 | €351,854 | +€99,165 | +39.2% |
| Amounts payable within one year | 42/48 | €252,708 | €188,502 | -€64,206 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €29,958 | €41,396 | +€11,438 | +38.2% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €0 | -€75,000 | -100% |
| Other loans | 439 | - | €75,000 | +€75,000 | |
| Trade debts | 44 | €111,827 | €14,071 | -€97,757 | -87.4% |
| Suppliers | 440/4 | €111,827 | €14,071 | -€97,757 | -87.4% |
| Taxes, remuneration and social security | 45 | €14,238 | €33,156 | +€18,918 | +133% |
| Taxes | 450/3 | €10,491 | €24,565 | +€14,075 | +134% |
| Remuneration and social security | 454/9 | €3,748 | €8,591 | +€4,843 | +129% |
| Other amounts payable | 47/48 | €21,685 | €24,879 | +€3,194 | +14.7% |
| Remuneration, social security and pensions | 62 | €42,766 | €53,079 | +€10,313 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,205 | €33,378 | +€8,173 | +32.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €31,164 | +€31,164 | |
| Other operating charges | 640/8 | €1,542 | €2,145 | +€604 | +39.2% |
| Gross operating margin | 9900 | €154,466 | €183,284 | +€28,818 | +18.7% |
| Operating profit (loss) | 9901 | €84,953 | €63,517 | -€21,436 | -25.2% |
| Financial income | 75/76B | €270 | €431 | +€161 | +59.8% |
| Recurring financial income | 75 | €270 | €431 | +€161 | +59.8% |
| Financial charges | 65/66B | €9,917 | €12,602 | +€2,685 | +27.1% |
| Recurring financial charges | 65 | €9,917 | €12,602 | +€2,685 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €75,306 | €51,346 | -€23,960 | -31.8% |
| Income taxes | 67/77 | €15,443 | €20,136 | +€4,693 | +30.4% |
| Profit (loss) for the period | 9904 | €59,863 | €31,210 | -€28,653 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,863 | €31,210 | -€28,653 | -47.9% |
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 25 October 2026 via checked.be.