DOKTER B. DE VREE: 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.
DOKTER B. DE VREE
Largest movements
- Tangible fixed assets -€26,975
down €26,975 (-11.7%), from €229,595 to €202,619
of which Other tangible fixed assets: -€23,396
- Receivables within one year +€3,892
up €3,892 (+2,762%), from €141 to €4,033
- Debts after one year -€25,272
down €25,272 (-21.5%), from €117,741 to €92,468
- Reserves +€15,318
up €15,318 (+18.5%), from €82,936 to €98,254
- Other debts -€11,262
down €11,262 (-77.5%), from €14,536 to €3,274
- Trade debts -€2,945
down €2,945 (-72.9%), from €4,040 to €1,095
- Staff costs -€7,545
down €7,545 (-21.5%), from €35,068 to €27,523
- Gross operating margin +€5,206
up €5,206 (+6.3%), from €82,650 to €87,857
- Taxes +€3,467
up €3,467 (+98.6%), from €3,517 to €6,984
- Financial charges -€1,459
down €1,459 (-18.3%), from €7,960 to €6,501
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 | €262,234 | €240,099 | -€22,136 | -8.4% |
| Fixed assets | 21/28 | €229,595 | €202,619 | -€26,975 | -11.7% |
| Tangible fixed assets | 22/27 | €229,595 | €202,619 | -€26,975 | -11.7% |
| Plant, machinery and equipment | 23 | €31,204 | €27,624 | -€3,580 | -11.5% |
| Other tangible fixed assets | 26 | €198,391 | €174,995 | -€23,396 | -11.8% |
| Current assets | 29/58 | €32,639 | €37,479 | +€4,840 | +14.8% |
| Amounts receivable within one year | 40/41 | €141 | €4,033 | +€3,892 | +2,762% |
| Trade receivables | 40 | €141 | €4,033 | +€3,892 | +2,762% |
| Cash at bank and in hand | 54/58 | €8,538 | €7,778 | -€759 | -8.9% |
| Deferred charges and accrued income | 490/1 | €23,961 | €25,668 | +€1,707 | +7.1% |
| Total equity and liabilities | 10/49 | €262,234 | €240,099 | -€22,136 | -8.4% |
| Equity | 10/15 | €97,196 | €112,514 | +€15,318 | +15.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €82,936 | €98,254 | +€15,318 | +18.5% |
| Distributable reserves | 133 | €82,936 | €98,254 | +€15,318 | +18.5% |
| Amounts payable | 17/49 | €165,038 | €127,585 | -€37,453 | -22.7% |
| Amounts payable after more than one year | 17 | €117,741 | €92,468 | -€25,272 | -21.5% |
| Financial debts | 170/4 | €117,741 | €92,468 | -€25,272 | -21.5% |
| Amounts payable within one year | 42/48 | €47,219 | €35,117 | -€12,103 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €24,215 | €25,272 | +€1,057 | +4.4% |
| Trade debts | 44 | €4,040 | €1,095 | -€2,945 | -72.9% |
| Suppliers | 440/4 | €4,040 | €1,095 | -€2,945 | -72.9% |
| Taxes, remuneration and social security | 45 | €4,428 | €5,475 | +€1,047 | +23.6% |
| Taxes | 450/3 | €15 | €3,984 | +€3,969 | +26,635% |
| Remuneration and social security | 454/9 | €4,413 | €1,492 | -€2,921 | -66.2% |
| Other amounts payable | 47/48 | €14,536 | €3,274 | -€11,262 | -77.5% |
| Accrued charges and deferred income | 492/3 | €79 | - | -€79 | |
| Remuneration, social security and pensions | 62 | €35,068 | €27,523 | -€7,545 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,748 | €28,375 | +€628 | +2.3% |
| Other operating charges | 640/8 | €3,584 | €3,156 | -€428 | -12.0% |
| Non-recurring operating charges | 66A | €3,100 | - | -€3,100 | |
| Gross operating margin | 9900 | €82,650 | €87,857 | +€5,206 | +6.3% |
| Operating profit (loss) | 9901 | €13,151 | €28,802 | +€15,651 | +119% |
| Financial income | 75/76B | €22 | €0 | -€21 | -99.3% |
| Recurring financial income | 75 | €22 | €0 | -€21 | -99.3% |
| Financial charges | 65/66B | €7,960 | €6,501 | -€1,459 | -18.3% |
| Recurring financial charges | 65 | €7,960 | €6,501 | -€1,459 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €5,212 | €22,301 | +€17,089 | +328% |
| Income taxes | 67/77 | €3,517 | €6,984 | +€3,467 | +98.6% |
| Profit (loss) for the period | 9904 | €1,696 | €15,318 | +€13,622 | +803% |
| Profit (loss) for the period to be appropriated | 9905 | €1,696 | €15,318 | +€13,622 | +803% |
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 1 November 2026 via checked.be.