DOKTER EWOUT DEVREESE: 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 EWOUT DEVREESE
Largest movements
- Cash +€119,080
up €119,080 (+137%), from €86,824 to €205,904
mainly Net result for the year (+€163,958) and Depreciation (+€2,369)
- Receivables within one year +€35,489
up €35,489 (+24.3%), from €146,050 to €181,539
- Reserves +€163,958
up €163,958 (+77.1%), from €212,748 to €376,706
- Tax, wage and social debts -€12,294
down €12,294 (-52.9%), from €23,241 to €10,948
of which Taxes: -€12,294
- Gross operating margin +€46,697
up €46,697 (+28.5%), from €163,883 to €210,580
- Taxes +€12,518
up €12,518 (+34.1%), from €36,679 to €49,198
- Financial income +€4,270
up €4,270 (+328%), from €1,302 to €5,572
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 | €241,915 | €394,301 | +€152,386 | +63.0% |
| Fixed assets | 21/28 | €5,928 | €3,559 | -€2,369 | -40.0% |
| Tangible fixed assets | 22/27 | €5,928 | €3,559 | -€2,369 | -40.0% |
| Plant, machinery and equipment | 23 | €3,607 | €2,407 | -€1,200 | -33.3% |
| Furniture and vehicles | 24 | €2,322 | €1,152 | -€1,169 | -50.4% |
| Current assets | 29/58 | €235,987 | €390,742 | +€154,755 | +65.6% |
| Amounts receivable within one year | 40/41 | €146,050 | €181,539 | +€35,489 | +24.3% |
| Other amounts receivable | 41 | €146,050 | €181,539 | +€35,489 | +24.3% |
| Cash at bank and in hand | 54/58 | €86,824 | €205,904 | +€119,080 | +137% |
| Deferred charges and accrued income | 490/1 | €3,113 | €3,298 | +€186 | +6.0% |
| Total equity and liabilities | 10/49 | €241,915 | €394,301 | +€152,386 | +63.0% |
| Equity | 10/15 | €215,748 | €379,706 | +€163,958 | +76.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €212,748 | €376,706 | +€163,958 | +77.1% |
| Distributable reserves | 133 | €212,748 | €376,706 | +€163,958 | +77.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,167 | €14,595 | -€11,572 | -44.2% |
| Amounts payable within one year | 42/48 | €25,256 | €13,329 | -€11,927 | -47.2% |
| Trade debts | 44 | €1,390 | €2,381 | +€991 | +71.3% |
| Suppliers | 440/4 | €1,390 | €2,381 | +€991 | +71.3% |
| Taxes, remuneration and social security | 45 | €23,241 | €10,948 | -€12,294 | -52.9% |
| Taxes | 450/3 | €21,491 | €9,198 | -€12,294 | -57.2% |
| Remuneration and social security | 454/9 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 47/48 | €625 | €0 | -€625 | -100% |
| Accrued charges and deferred income | 492/3 | €912 | €1,266 | +€355 | +38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,217 | €2,369 | +€153 | +6.9% |
| Other operating charges | 640/8 | €529 | €503 | -€25 | -4.8% |
| Gross operating margin | 9900 | €163,883 | €210,580 | +€46,697 | +28.5% |
| Operating profit (loss) | 9901 | €161,138 | €207,708 | +€46,570 | +28.9% |
| Financial income | 75/76B | €1,302 | €5,572 | +€4,270 | +328% |
| Recurring financial income | 75 | €1,302 | €5,572 | +€4,270 | +328% |
| Financial charges | 65/66B | €73 | €125 | +€51 | +69.5% |
| Recurring financial charges | 65 | €73 | €125 | +€51 | +69.5% |
| Profit (loss) for the period before taxes | 9903 | €162,366 | €213,155 | +€50,789 | +31.3% |
| Income taxes | 67/77 | €36,679 | €49,198 | +€12,518 | +34.1% |
| Profit (loss) for the period | 9904 | €125,687 | €163,958 | +€38,270 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €125,687 | €163,958 | +€38,270 | +30.4% |
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 22 October 2026 via checked.be.