DOKTER CLAES BART: 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 CLAES BART
Largest movements
- Cash +€194,910
up €194,910 (+185%), from €105,468 to €300,378
mainly Debts after one year (+€138,000) and Net result for the year (+€117,162)
- Current investments -€75,714
down €75,714 (-60.1%), from €126,028 to €50,314
- Receivables within one year -€20,269
down €20,269 (-40.2%), from €50,380 to €30,111
of which Trade receivables: -€17,571
- Tangible fixed assets -€16,493
down €16,493 (-61.7%), from €26,738 to €10,244
of which Furniture and vehicles: -€14,627
- Debts after one year +€138,000
new in 2025: €138,000
- Other debts -€79,605
down €79,605 (-47.0%), from €169,404 to €89,799
- Reserves +€17,162
up €17,162 (+12.9%), from €133,179 to €150,341
- Tax, wage and social debts +€5,237
up €5,237 (+196%), from €2,667 to €7,904
- Gross operating margin -€4,355
down €4,355 (-2.3%), from €185,492 to €181,136
- Financial income -€2,618
down €2,618 (-83.9%), from €3,121 to €503
- Financial charges +€2,256
up €2,256 (+30.2%), from €7,478 to €9,735
- Taxes -€2,218
down €2,218 (-5.9%), from €37,603 to €35,386
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 | €319,298 | €400,456 | +€81,157 | +25.4% |
| Fixed assets | 21/28 | €36,672 | €18,679 | -€17,993 | -49.1% |
| Intangible fixed assets | 21 | €8,934 | €7,434 | -€1,500 | -16.8% |
| Tangible fixed assets | 22/27 | €26,738 | €10,244 | -€16,493 | -61.7% |
| Land and buildings | 22 | €5,923 | €4,057 | -€1,866 | -31.5% |
| Furniture and vehicles | 24 | €20,815 | €6,187 | -€14,627 | -70.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €282,626 | €381,777 | +€99,150 | +35.1% |
| Amounts receivable within one year | 40/41 | €50,380 | €30,111 | -€20,269 | -40.2% |
| Trade receivables | 40 | €36,285 | €18,713 | -€17,571 | -48.4% |
| Other amounts receivable | 41 | €14,095 | €11,398 | -€2,697 | -19.1% |
| Current investments | 50/53 | €126,028 | €50,314 | -€75,714 | -60.1% |
| Cash at bank and in hand | 54/58 | €105,468 | €300,378 | +€194,910 | +185% |
| Deferred charges and accrued income | 490/1 | €751 | €974 | +€223 | +29.8% |
| Total equity and liabilities | 10/49 | €319,298 | €400,456 | +€81,157 | +25.4% |
| Equity | 10/15 | €138,179 | €155,341 | +€17,162 | +12.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €133,179 | €150,341 | +€17,162 | +12.9% |
| Distributable reserves | 133 | €133,179 | €150,341 | +€17,162 | +12.9% |
| Amounts payable | 17/49 | €181,119 | €245,115 | +€63,996 | +35.3% |
| Amounts payable after more than one year | 17 | - | €138,000 | +€138,000 | |
| Other amounts payable | 178/9 | - | €138,000 | +€138,000 | |
| Amounts payable within one year | 42/48 | €173,122 | €97,752 | -€75,370 | -43.5% |
| Trade debts | 44 | €1,050 | €48 | -€1,002 | -95.4% |
| Suppliers | 440/4 | €1,050 | €48 | -€1,002 | -95.4% |
| Taxes, remuneration and social security | 45 | €2,667 | €7,904 | +€5,237 | +196% |
| Taxes | 450/3 | €2,667 | €7,904 | +€5,237 | +196% |
| Other amounts payable | 47/48 | €169,404 | €89,799 | -€79,605 | -47.0% |
| Accrued charges and deferred income | 492/3 | €7,998 | €9,363 | +€1,366 | +17.1% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,942 | €17,993 | +€51 | +0.3% |
| Other operating charges | 640/8 | €1,258 | €1,364 | +€106 | +8.4% |
| Non-recurring operating charges | 66A | €222 | - | -€222 | |
| Gross operating margin | 9900 | €185,492 | €181,136 | -€4,355 | -2.3% |
| Operating profit (loss) | 9901 | €166,070 | €161,779 | -€4,290 | -2.6% |
| Financial income | 75/76B | €3,121 | €503 | -€2,618 | -83.9% |
| Recurring financial income | 75 | €3,121 | €503 | -€2,618 | -83.9% |
| Financial charges | 65/66B | €7,478 | €9,735 | +€2,256 | +30.2% |
| Recurring financial charges | 65 | €7,478 | €9,735 | +€2,256 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | €161,712 | €152,547 | -€9,165 | -5.7% |
| Income taxes | 67/77 | €37,603 | €35,386 | -€2,218 | -5.9% |
| Profit (loss) for the period | 9904 | €124,109 | €117,162 | -€6,947 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €124,109 | €117,162 | -€6,947 | -5.6% |
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 19 October 2026 via checked.be.