Dokter De Winter Philippe: 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 De Winter Philippe
Largest movements
- Tangible fixed assets +€30,170
up €30,170 (+39.9%), from €75,557 to €105,727
of which Furniture and vehicles: +€31,959
- Current investments +€23,639
up €23,639 (+2.2%), from €1.1m to €1.1m
- Reserves +€114,029
up €114,029 (+10.6%), from €1.1m to €1.2m
of which Distributable reserves: +€114,029
- Other debts -€95,470
down €95,470 (-95.7%), from €99,717 to €4,247
- Debts after one year +€25,306
up €25,306 (+66.9%), from €37,850 to €63,156
- Gross operating margin -€348,617
down €348,617 (-64.4%), from €541,415 to €192,798
- Taxes -€154,460
down €154,460 (-77.9%), from €198,329 to €43,868
- Financial income -€88,787
down €88,787 (-71.9%), from €123,409 to €34,622
of which Non-recurring financial income: -€66,719
- Financial charges +€5,458
up €5,458 (+96.4%), from €5,661 to €11,118
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 | €1,317,419 | €1,381,349 | +€63,929 | +4.9% |
| Fixed assets | 21/28 | €75,557 | €105,727 | +€30,170 | +39.9% |
| Tangible fixed assets | 22/27 | €75,557 | €105,727 | +€30,170 | +39.9% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €7,601 | €5,813 | -€1,789 | -23.5% |
| Furniture and vehicles | 24 | €67,956 | €99,915 | +€31,959 | +47.0% |
| Current assets | 29/58 | €1,241,862 | €1,275,621 | +€33,759 | +2.7% |
| Amounts receivable within one year | 40/41 | €26,826 | €24,681 | -€2,145 | -8.0% |
| Trade receivables | 40 | €904 | €8,436 | +€7,532 | +833% |
| Other amounts receivable | 41 | €25,923 | €16,245 | -€9,677 | -37.3% |
| Current investments | 50/53 | €1,079,341 | €1,102,980 | +€23,639 | +2.2% |
| Cash at bank and in hand | 54/58 | €126,282 | €136,621 | +€10,339 | +8.2% |
| Deferred charges and accrued income | 490/1 | €9,414 | €11,340 | +€1,926 | +20.5% |
| Total equity and liabilities | 10/49 | €1,317,419 | €1,381,349 | +€63,929 | +4.9% |
| Equity | 10/15 | €1,102,089 | €1,216,118 | +€114,029 | +10.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,077,089 | €1,191,118 | +€114,029 | +10.6% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €1,077,089 | €1,191,118 | +€114,029 | +10.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €215,331 | €165,231 | -€50,100 | -23.3% |
| Amounts payable after more than one year | 17 | €37,850 | €63,156 | +€25,306 | +66.9% |
| Financial debts | 170/4 | €37,850 | €63,156 | +€25,306 | +66.9% |
| Amounts payable within one year | 42/48 | €177,205 | €96,524 | -€80,681 | -45.5% |
| Current portion of amounts payable after more than one year | 42 | €16,692 | €25,874 | +€9,182 | +55.0% |
| Trade debts | 44 | €0 | €8,284 | +€8,284 | |
| Suppliers | 440/4 | €0 | €8,284 | +€8,284 | |
| Taxes, remuneration and social security | 45 | €60,796 | €58,119 | -€2,677 | -4.4% |
| Taxes | 450/3 | €60,796 | €58,119 | -€2,677 | -4.4% |
| Other amounts payable | 47/48 | €99,717 | €4,247 | -€95,470 | -95.7% |
| Accrued charges and deferred income | 492/3 | €276 | €5,551 | +€5,275 | +1,913% |
| Non-recurring operating income | 76A | - | €5,729 | +€5,729 | |
| Remuneration, social security and pensions | 62 | €23,689 | €23,835 | +€146 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,635 | €21,215 | +€1,580 | +8.0% |
| Other operating charges | 640/8 | €2,792 | €1,126 | -€1,666 | -59.7% |
| Non-recurring operating charges | 66A | - | €12,228 | +€12,228 | |
| Gross operating margin | 9900 | €541,415 | €192,798 | -€348,617 | -64.4% |
| Operating profit (loss) | 9901 | €495,299 | €134,394 | -€360,905 | -72.9% |
| Financial income | 75/76B | €123,409 | €34,622 | -€88,787 | -71.9% |
| Recurring financial income | 75 | €56,690 | €34,622 | -€22,069 | -38.9% |
| Non-recurring financial income | 76B | €66,719 | €0 | -€66,719 | -100% |
| Financial charges | 65/66B | €5,661 | €11,118 | +€5,458 | +96.4% |
| Recurring financial charges | 65 | €5,661 | €11,118 | +€5,458 | +96.4% |
| Profit (loss) for the period before taxes | 9903 | €613,047 | €157,897 | -€455,150 | -74.2% |
| Transfer from deferred taxes | 780 | €2,566 | €0 | -€2,566 | -100% |
| Income taxes | 67/77 | €198,329 | €43,868 | -€154,460 | -77.9% |
| Profit (loss) for the period | 9904 | €417,285 | €114,029 | -€303,256 | -72.7% |
| Transfer from tax-exempt reserves | 789 | €10,264 | €0 | -€10,264 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €427,549 | €114,029 | -€313,520 | -73.3% |
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 30 October 2026 via checked.be.