DOKTER BART GORDTS: 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 BART GORDTS
Largest movements
- Current investments +€33,919
up €33,919 (+3.8%), from €884,821 to €918,740
- Receivables within one year +€29,333
up €29,333 (+41.5%), from €70,679 to €100,013
of which Trade receivables: +€19,323
- Tangible fixed assets +€19,584
up €19,584 (+274%), from €7,139 to €26,724
of which Furniture and vehicles: +€17,363
- Cash +€19,176
up €19,176 (+16.8%), from €113,994 to €133,170
mainly Net result for the year (+€100,154) and Depreciation (+€5,531)
- Reserves +€100,154
up €100,154 (+9.3%), from €1.1m to €1.2m
of which Distributable reserves: +€100,154
- Financial income +€38,136
up €38,136 (+624%), from €6,108 to €44,244
- Gross operating margin +€30,199
up €30,199 (+41.6%), from €72,522 to €102,721
- Taxes +€15,471
up €15,471 (+69.0%), from €22,417 to €37,888
- Financial charges +€1,419
up €1,419 (+802%), from €177 to €1,596
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 | €1,082,306 | €1,185,346 | +€103,041 | +9.5% |
| Fixed assets | 21/28 | €7,139 | €26,724 | +€19,584 | +274% |
| Tangible fixed assets | 22/27 | €7,139 | €26,724 | +€19,584 | +274% |
| Land and buildings | 22 | €7,139 | €9,361 | +€2,222 | +31.1% |
| Furniture and vehicles | 24 | - | €17,363 | +€17,363 | |
| Current assets | 29/58 | €1,075,166 | €1,158,623 | +€83,456 | +7.8% |
| Amounts receivable within one year | 40/41 | €70,679 | €100,013 | +€29,333 | +41.5% |
| Trade receivables | 40 | - | €19,323 | +€19,323 | |
| Other amounts receivable | 41 | €70,679 | €80,690 | +€10,010 | +14.2% |
| Current investments | 50/53 | €884,821 | €918,740 | +€33,919 | +3.8% |
| Cash at bank and in hand | 54/58 | €113,994 | €133,170 | +€19,176 | +16.8% |
| Deferred charges and accrued income | 490/1 | €5,671 | €6,700 | +€1,028 | +18.1% |
| Total equity and liabilities | 10/49 | €1,082,306 | €1,185,346 | +€103,041 | +9.5% |
| Equity | 10/15 | €1,081,014 | €1,181,168 | +€100,154 | +9.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,074,817 | €1,174,971 | +€100,154 | +9.3% |
| Tax-exempt reserves | 132 | €19,672 | €19,672 | = | 0.0% |
| Distributable reserves | 133 | €1,055,144 | €1,155,299 | +€100,154 | +9.5% |
| Amounts payable | 17/49 | €1,292 | €4,178 | +€2,886 | +223% |
| Amounts payable within one year | 42/48 | €1,292 | €4,178 | +€2,886 | +223% |
| Trade debts | 44 | €661 | €2,803 | +€2,143 | +324% |
| Suppliers | 440/4 | €661 | €2,803 | +€2,143 | +324% |
| Taxes, remuneration and social security | 45 | €631 | €1,375 | +€743 | +118% |
| Taxes | 450/3 | €631 | €1,375 | +€743 | +118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,337 | €5,531 | +€194 | +3.6% |
| Other operating charges | 640/8 | €1,625 | €1,795 | +€170 | +10.5% |
| Gross operating margin | 9900 | €72,522 | €102,721 | +€30,199 | +41.6% |
| Operating profit (loss) | 9901 | €65,560 | €95,395 | +€29,835 | +45.5% |
| Financial income | 75/76B | €6,108 | €44,244 | +€38,136 | +624% |
| Recurring financial income | 75 | €6,108 | €44,244 | +€38,136 | +624% |
| Financial charges | 65/66B | €177 | €1,596 | +€1,419 | +802% |
| Recurring financial charges | 65 | €177 | €1,596 | +€1,419 | +802% |
| Profit (loss) for the period before taxes | 9903 | €71,491 | €138,042 | +€66,551 | +93.1% |
| Income taxes | 67/77 | €22,417 | €37,888 | +€15,471 | +69.0% |
| Profit (loss) for the period | 9904 | €49,074 | €100,154 | +€51,081 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €49,074 | €100,154 | +€51,081 | +104% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.