DOKTER BART VAN BALEN: what changed
DOKTER BART VAN BALEN
Largest movements
- Current investments -€101,338
down €101,338 (-43.7%), from €232,035 to €130,697
- Cash -€19,053
down €19,053 (-55.1%), from €34,581 to €15,528
mainly Other debts (-€135,302) and Contributions, distributions and other (-€31,969)
- Tangible fixed assets -€12,710
down €12,710 (-10.2%), from €124,424 to €111,714
- Receivables within one year +€9,264
up €9,264 (+31.3%), from €29,579 to €38,843
of which Trade receivables: +€7,402
- Other debts -€135,302
down €135,302 (-96.1%), from €140,723 to €5,421
- Reserves +€8,726
up €8,726 (+3.0%), from €295,294 to €304,020
- Gross operating margin -€14,701
down €14,701 (-15.0%), from €97,747 to €83,045
- Taxes -€3,265
down €3,265 (-14.0%), from €23,308 to €20,043
- Financial charges -€2,737
down €2,737 (-25.8%), from €10,594 to €7,858
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 | €451,749 | €327,611 | -€124,137 | -27.5% |
| Fixed assets | 21/28 | €153,942 | €141,232 | -€12,710 | -8.3% |
| Tangible fixed assets | 22/27 | €124,424 | €111,714 | -€12,710 | -10.2% |
| Land and buildings | 22 | €59,059 | €54,885 | -€4,174 | -7.1% |
| Furniture and vehicles | 24 | €36,797 | €31,917 | -€4,880 | -13.3% |
| Other tangible fixed assets | 26 | €28,568 | €24,912 | -€3,656 | -12.8% |
| Financial fixed assets | 28 | €29,518 | €29,518 | = | 0.0% |
| Current assets | 29/58 | €297,807 | €186,379 | -€111,427 | -37.4% |
| Amounts receivable within one year | 40/41 | €29,579 | €38,843 | +€9,264 | +31.3% |
| Trade receivables | 40 | €14,362 | €21,764 | +€7,402 | +51.5% |
| Other amounts receivable | 41 | €15,217 | €17,079 | +€1,862 | +12.2% |
| Current investments | 50/53 | €232,035 | €130,697 | -€101,338 | -43.7% |
| Cash at bank and in hand | 54/58 | €34,581 | €15,528 | -€19,053 | -55.1% |
| Deferred charges and accrued income | 490/1 | €1,612 | €1,312 | -€300 | -18.6% |
| Total equity and liabilities | 10/49 | €451,749 | €327,611 | -€124,137 | -27.5% |
| Equity | 10/15 | €307,694 | €316,420 | +€8,726 | +2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €295,294 | €304,020 | +€8,726 | +3.0% |
| Distributable reserves | 133 | €295,294 | €304,020 | +€8,726 | +3.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €144,055 | €11,191 | -€132,863 | -92.2% |
| Amounts payable within one year | 42/48 | €144,055 | €11,191 | -€132,863 | -92.2% |
| Trade debts | 44 | €171 | €450 | +€279 | +164% |
| Suppliers | 440/4 | €171 | €450 | +€279 | +164% |
| Taxes, remuneration and social security | 45 | €3,161 | €5,320 | +€2,159 | +68.3% |
| Taxes | 450/3 | €3,161 | €5,320 | +€2,159 | +68.3% |
| Other amounts payable | 47/48 | €140,723 | €5,421 | -€135,302 | -96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,090 | €17,660 | -€430 | -2.4% |
| Other operating charges | 640/8 | €3,956 | €3,529 | -€428 | -10.8% |
| Gross operating margin | 9900 | €97,747 | €83,045 | -€14,701 | -15.0% |
| Operating profit (loss) | 9901 | €75,700 | €61,857 | -€13,843 | -18.3% |
| Financial income | 75/76B | €6,760 | €6,739 | -€21 | -0.3% |
| Recurring financial income | 75 | €6,760 | €6,739 | -€21 | -0.3% |
| Financial charges | 65/66B | €10,594 | €7,858 | -€2,737 | -25.8% |
| Recurring financial charges | 65 | €10,594 | €7,858 | -€2,737 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €71,865 | €60,738 | -€11,127 | -15.5% |
| Income taxes | 67/77 | €23,308 | €20,043 | -€3,265 | -14.0% |
| Profit (loss) for the period | 9904 | €48,557 | €40,695 | -€7,862 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,557 | €40,695 | -€7,862 | -16.2% |
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 1 November 2026 via checked.be.