Dokter Devolder Katrien: 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 Devolder Katrien
Largest movements
- Receivables within one year -€39,021
down €39,021 (-23.3%), from €167,583 to €128,563
of which Trade receivables: -€23,131
- Cash +€11,963
up €11,963 (+196%), from €6,091 to €18,054
mainly Receivables within one year (+€39,021) and Depreciation (+€11,494)
- Tangible fixed assets -€11,494
down €11,494 (-25.9%), from €44,319 to €32,824
of which Plant, machinery and equipment: -€9,680
- Other debts -€36,040
down €36,040 (-69.3%), from €52,020 to €15,980
- Debts after one year -€13,743
down €13,743 (-92.2%), from €14,909 to €1,166
- Reserves +€11,061
up €11,061 (+10.0%), from €110,305 to €121,366
- Gross operating margin +€15,976
up €15,976 (+48.8%), from €32,754 to €48,729
- Taxes +€7,090
up €7,090 (+497%), from €1,426 to €8,516
- Financial income -€2,514
down €2,514 (-24.1%), from €10,434 to €7,919
- Financial charges -€2,157
down €2,157 (-68.2%), from €3,163 to €1,006
- Staff costs +€549
up €549 (+2.3%), from €23,407 to €23,956
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 | €221,744 | €183,195 | -€38,549 | -17.4% |
| Fixed assets | 21/28 | €45,677 | €34,189 | -€11,489 | -25.2% |
| Tangible fixed assets | 22/27 | €44,319 | €32,824 | -€11,494 | -25.9% |
| Plant, machinery and equipment | 23 | €38,720 | €29,040 | -€9,680 | -25.0% |
| Other tangible fixed assets | 26 | €5,599 | €3,784 | -€1,814 | -32.4% |
| Financial fixed assets | 28 | €1,359 | €1,365 | +€6 | +0.4% |
| Current assets | 29/58 | €176,066 | €149,006 | -€27,061 | -15.4% |
| Amounts receivable within one year | 40/41 | €167,583 | €128,563 | -€39,021 | -23.3% |
| Trade receivables | 40 | €62,536 | €39,404 | -€23,131 | -37.0% |
| Other amounts receivable | 41 | €105,048 | €89,158 | -€15,890 | -15.1% |
| Cash at bank and in hand | 54/58 | €6,091 | €18,054 | +€11,963 | +196% |
| Deferred charges and accrued income | 490/1 | €2,392 | €2,389 | -€2 | -0.1% |
| Total equity and liabilities | 10/49 | €221,744 | €183,195 | -€38,549 | -17.4% |
| Equity | 10/15 | €128,905 | €139,966 | +€11,061 | +8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110,305 | €121,366 | +€11,061 | +10.0% |
| Distributable reserves | 133 | €110,305 | €121,366 | +€11,061 | +10.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €92,839 | €43,229 | -€49,610 | -53.4% |
| Amounts payable after more than one year | 17 | €14,909 | €1,166 | -€13,743 | -92.2% |
| Financial debts | 170/4 | €14,909 | €1,166 | -€13,743 | -92.2% |
| Amounts payable within one year | 42/48 | €72,181 | €38,085 | -€34,096 | -47.2% |
| Current portion of amounts payable after more than one year | 42 | €13,291 | €13,743 | +€452 | +3.4% |
| Trade debts | 44 | €674 | €1,051 | +€377 | +56.0% |
| Suppliers | 440/4 | €674 | €1,051 | +€377 | +56.0% |
| Taxes, remuneration and social security | 45 | €6,196 | €7,311 | +€1,115 | +18.0% |
| Taxes | 450/3 | €503 | €3,013 | +€2,511 | +500% |
| Remuneration and social security | 454/9 | €5,693 | €4,297 | -€1,396 | -24.5% |
| Other amounts payable | 47/48 | €52,020 | €15,980 | -€36,040 | -69.3% |
| Accrued charges and deferred income | 492/3 | €5,749 | €3,978 | -€1,772 | -30.8% |
| Remuneration, social security and pensions | 62 | €23,407 | €23,956 | +€549 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,494 | €11,494 | = | 0.0% |
| Other operating charges | 640/8 | €598 | €615 | +€17 | +2.8% |
| Gross operating margin | 9900 | €32,754 | €48,729 | +€15,976 | +48.8% |
| Operating profit (loss) | 9901 | -€2,746 | €12,664 | +€15,410 | |
| Financial income | 75/76B | €10,434 | €7,919 | -€2,514 | -24.1% |
| Recurring financial income | 75 | €10,434 | €7,919 | -€2,514 | -24.1% |
| Financial charges | 65/66B | €3,163 | €1,006 | -€2,157 | -68.2% |
| Recurring financial charges | 65 | €3,163 | €1,006 | -€2,157 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €4,525 | €19,577 | +€15,052 | +333% |
| Income taxes | 67/77 | €1,426 | €8,516 | +€7,090 | +497% |
| Profit (loss) for the period | 9904 | €3,099 | €11,061 | +€7,962 | +257% |
| Profit (loss) for the period to be appropriated | 9905 | €3,099 | €11,061 | +€7,962 | +257% |
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 14 October 2026 via checked.be.