DOCTEUR PASCAL VAN EECKHOUT: 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.
DOCTEUR PASCAL VAN EECKHOUT
Largest movements
- Current investments +€50,000
up €50,000 (+10.0%), from €500,000 to €550,000
- Cash -€8,960
down €8,960 (-21.7%), from €41,229 to €32,269
mainly Current investments (-€50,000) and Other debts (-€7,685)
- Reserves +€43,583
up €43,583 (+8.1%), from €535,614 to €579,197
of which Distributable reserves: +€43,583
- Other debts -€7,685
no longer reported in 2025 (was €7,685)
- Gross operating margin -€8,838
down €8,838 (-14.1%), from €62,574 to €53,736
- Taxes -€7,662
down €7,662 (-28.4%), from €26,933 to €19,271
- Financial income -€4,661
down €4,661 (-30.4%), from €15,329 to €10,668
- Depreciation -€1,257
no longer reported in 2025 (was €1,257)
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 | €548,211 | €583,289 | +€35,077 | +6.4% |
| Fixed assets | 21/28 | €1,231 | - | -€1,231 | |
| Tangible fixed assets | 22/27 | €1,231 | - | -€1,231 | |
| Plant, machinery and equipment | 23 | €615 | - | -€615 | |
| Furniture and vehicles | 24 | €80 | - | -€80 | |
| Other tangible fixed assets | 26 | €537 | - | -€537 | |
| Current assets | 29/58 | €546,980 | €583,289 | +€36,308 | +6.6% |
| Amounts receivable within one year | 40/41 | - | €976 | +€976 | |
| Other amounts receivable | 41 | - | €976 | +€976 | |
| Current investments | 50/53 | €500,000 | €550,000 | +€50,000 | +10.0% |
| Cash at bank and in hand | 54/58 | €41,229 | €32,269 | -€8,960 | -21.7% |
| Deferred charges and accrued income | 490/1 | €5,751 | €43 | -€5,707 | -99.2% |
| Total equity and liabilities | 10/49 | €548,211 | €583,289 | +€35,077 | +6.4% |
| Equity | 10/15 | €536,614 | €580,197 | +€43,583 | +8.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €535,614 | €579,197 | +€43,583 | +8.1% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €530,614 | €574,197 | +€43,583 | +8.2% |
| Amounts payable | 17/49 | €11,598 | €3,092 | -€8,506 | -73.3% |
| Amounts payable within one year | 42/48 | €11,598 | €3,092 | -€8,506 | -73.3% |
| Trade debts | 44 | €19 | €20 | +€1 | +4.5% |
| Suppliers | 440/4 | €19 | €20 | +€1 | +4.5% |
| Taxes, remuneration and social security | 45 | €3,894 | €3,072 | -€822 | -21.1% |
| Taxes | 450/3 | €3,894 | €3,072 | -€822 | -21.1% |
| Other amounts payable | 47/48 | €7,685 | - | -€7,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,257 | - | -€1,257 | |
| Other operating charges | 640/8 | €916 | €1,417 | +€501 | +54.7% |
| Gross operating margin | 9900 | €62,574 | €53,736 | -€8,838 | -14.1% |
| Operating profit (loss) | 9901 | €60,402 | €52,319 | -€8,083 | -13.4% |
| Financial income | 75/76B | €15,329 | €10,668 | -€4,661 | -30.4% |
| Recurring financial income | 75 | €15,329 | €10,668 | -€4,661 | -30.4% |
| Financial charges | 65/66B | €130 | €132 | +€2 | +1.7% |
| Recurring financial charges | 65 | €130 | €132 | +€2 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €75,600 | €62,854 | -€12,746 | -16.9% |
| Income taxes | 67/77 | €26,933 | €19,271 | -€7,662 | -28.4% |
| Profit (loss) for the period | 9904 | €48,667 | €43,583 | -€5,084 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,667 | €43,583 | -€5,084 | -10.4% |
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.