Dokter Erwin Raymenants: 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 Erwin Raymenants
Largest movements
- Cash -€100,172
down €100,172 (-25.6%), from €391,391 to €291,219
mainly Current investments (-€100,000) and Contributions, distributions and other (-€64,114)
- Current investments +€100,000
up €100,000 (+40.0%), from €250,000 to €350,000
- Other debts -€48,985
down €48,985 (-43.2%), from €113,365 to €64,380
- Tax, wage and social debts +€29,195
up €29,195 (+1,231%), from €2,371 to €31,566
- Reserves +€11,828
up €11,828 (+1.3%), from €883,732 to €895,560
- Gross operating margin -€51,481
down €51,481 (-28.1%), from €183,404 to €131,923
- Depreciation +€5,667
up €5,667 (+51.2%), from €11,059 to €16,726
- Financial income -€2,068
down €2,068 (-67.1%), from €3,080 to €1,012
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 | €1,013,373 | €1,011,534 | -€1,839 | -0.2% |
| Fixed assets | 21/28 | €353,116 | €351,649 | -€1,467 | -0.4% |
| Tangible fixed assets | 22/27 | €353,116 | €351,649 | -€1,467 | -0.4% |
| Land and buildings | 22 | €341,632 | €332,316 | -€9,316 | -2.7% |
| Plant, machinery and equipment | 23 | €8,649 | €12,459 | +€3,811 | +44.1% |
| Furniture and vehicles | 24 | €2,835 | €6,873 | +€4,038 | +142% |
| Current assets | 29/58 | €660,257 | €659,886 | -€372 | -0.1% |
| Amounts receivable within one year | 40/41 | €18,866 | €18,666 | -€200 | -1.1% |
| Trade receivables | 40 | €200 | €0 | -€200 | -100% |
| Other amounts receivable | 41 | €18,666 | €18,666 | = | 0.0% |
| Current investments | 50/53 | €250,000 | €350,000 | +€100,000 | +40.0% |
| Cash at bank and in hand | 54/58 | €391,391 | €291,219 | -€100,172 | -25.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,013,373 | €1,011,534 | -€1,839 | -0.2% |
| Equity | 10/15 | €896,132 | €907,960 | +€11,828 | +1.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €883,732 | €895,560 | +€11,828 | +1.3% |
| Distributable reserves | 133 | €883,732 | €895,560 | +€11,828 | +1.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €117,241 | €103,574 | -€13,667 | -11.7% |
| Amounts payable within one year | 42/48 | €117,241 | €103,574 | -€13,667 | -11.7% |
| Trade debts | 44 | €1,505 | €7,628 | +€6,123 | +407% |
| Suppliers | 440/4 | €1,505 | €7,628 | +€6,123 | +407% |
| Taxes, remuneration and social security | 45 | €2,371 | €31,566 | +€29,195 | +1,231% |
| Taxes | 450/3 | €2,371 | €31,566 | +€29,195 | +1,231% |
| Other amounts payable | 47/48 | €113,365 | €64,380 | -€48,985 | -43.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €200 | €0 | -€200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,059 | €16,726 | +€5,667 | +51.2% |
| Other operating charges | 640/8 | €3,384 | €1,891 | -€1,492 | -44.1% |
| Gross operating margin | 9900 | €183,404 | €131,923 | -€51,481 | -28.1% |
| Operating profit (loss) | 9901 | €168,961 | €113,306 | -€55,655 | -32.9% |
| Financial income | 75/76B | €3,080 | €1,012 | -€2,068 | -67.1% |
| Recurring financial income | 75 | €3,080 | €1,012 | -€2,068 | -67.1% |
| Financial charges | 65/66B | €861 | €816 | -€45 | -5.2% |
| Recurring financial charges | 65 | €861 | €816 | -€45 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €171,180 | €113,502 | -€57,678 | -33.7% |
| Income taxes | 67/77 | €37,281 | €37,559 | +€278 | +0.7% |
| Profit (loss) for the period | 9904 | €133,898 | €75,943 | -€57,956 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €133,898 | €75,943 | -€57,956 | -43.3% |
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 28 October 2026 via checked.be.