Dierenarts Katrien Sinnaeve: what changed
Dierenarts Katrien Sinnaeve
Largest movements
- Current investments +€52,620
up €52,620, from €0 to €52,620
- Cash -€22,322
down €22,322 (-33.9%), from €65,870 to €43,548
mainly Current investments (-€52,620) and Receivables within one year (-€12,745)
- Receivables within one year +€12,745
up €12,745, from €0 to €12,745
of which Trade receivables: +€11,060
- Deferred charges and accrued income -€4,444
down €4,444 (-51.3%), from €8,655 to €4,211
- Tangible fixed assets -€4,029
down €4,029 (-9.7%), from €41,688 to €37,659
of which Other tangible fixed assets: -€4,723
- Reserves +€36,365
up €36,365 (+40.6%), from €89,620 to €125,985
- Tax, wage and social debts -€9,456
down €9,456 (-95.9%), from €9,858 to €401
- Trade debts +€4,292
up €4,292 (+483%), from €890 to €5,182
- Debts after one year +€3,369
up €3,369 (+23.5%), from €14,345 to €17,714
- Financial income +€15,370
up €15,370 (+180%), from €8,527 to €23,897
- Gross operating margin +€2,540
up €2,540 (+10.6%), from €24,033 to €26,573
- Financial charges +€464
up €464 (+13.8%), from €3,353 to €3,817
- Depreciation -€418
down €418 (-7.7%), from €5,411 to €4,992
- Taxes +€320
up €320 (+8.2%), from €3,883 to €4,203
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,212 | €151,782 | +€34,569 | +29.5% |
| Fixed assets | 21/28 | €42,688 | €38,658 | -€4,029 | -9.4% |
| Tangible fixed assets | 22/27 | €41,688 | €37,659 | -€4,029 | -9.7% |
| Furniture and vehicles | 24 | €684 | €1,378 | +€693 | +101% |
| Other tangible fixed assets | 26 | €41,004 | €36,281 | -€4,723 | -11.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €74,525 | €113,124 | +€38,599 | +51.8% |
| Amounts receivable within one year | 40/41 | €0 | €12,745 | +€12,745 | |
| Trade receivables | 40 | - | €11,060 | +€11,060 | |
| Other amounts receivable | 41 | €0 | €1,684 | +€1,684 | |
| Current investments | 50/53 | €0 | €52,620 | +€52,620 | |
| Cash at bank and in hand | 54/58 | €65,870 | €43,548 | -€22,322 | -33.9% |
| Deferred charges and accrued income | 490/1 | €8,655 | €4,211 | -€4,444 | -51.3% |
| Total equity and liabilities | 10/49 | €117,212 | €151,782 | +€34,569 | +29.5% |
| Equity | 10/15 | €92,120 | €128,485 | +€36,365 | +39.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €89,620 | €125,985 | +€36,365 | +40.6% |
| Distributable reserves | 133 | €89,620 | €125,985 | +€36,365 | +40.6% |
| Amounts payable | 17/49 | €25,092 | €23,297 | -€1,795 | -7.2% |
| Amounts payable after more than one year | 17 | €14,345 | €17,714 | +€3,369 | +23.5% |
| Other amounts payable | 178/9 | €14,345 | €17,714 | +€3,369 | +23.5% |
| Amounts payable within one year | 42/48 | €10,747 | €5,583 | -€5,164 | -48.1% |
| Trade debts | 44 | €890 | €5,182 | +€4,292 | +483% |
| Suppliers | 440/4 | €890 | €5,182 | +€4,292 | +483% |
| Taxes, remuneration and social security | 45 | €9,858 | €401 | -€9,456 | -95.9% |
| Taxes | 450/3 | €9,858 | €401 | -€9,456 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,411 | €4,992 | -€418 | -7.7% |
| Other operating charges | 640/8 | €1,250 | €1,093 | -€157 | -12.5% |
| Gross operating margin | 9900 | €24,033 | €26,573 | +€2,540 | +10.6% |
| Operating profit (loss) | 9901 | €17,373 | €20,487 | +€3,115 | +17.9% |
| Financial income | 75/76B | €8,527 | €23,897 | +€15,370 | +180% |
| Recurring financial income | 75 | €8,527 | €23,897 | +€15,370 | +180% |
| Financial charges | 65/66B | €3,353 | €3,817 | +€464 | +13.8% |
| Recurring financial charges | 65 | €3,353 | €3,817 | +€464 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €22,547 | €40,567 | +€18,021 | +79.9% |
| Income taxes | 67/77 | €3,883 | €4,203 | +€320 | +8.2% |
| Profit (loss) for the period | 9904 | €18,664 | €36,365 | +€17,701 | +94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,664 | €36,365 | +€17,701 | +94.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.