Dokter Frank Dewaele: what changed
Dokter Frank Dewaele
Largest movements
- Cash +€54,380
up €54,380 (+37.6%), from €144,519 to €198,899
mainly Net result for the year (+€56,448) and Depreciation (+€27,675)
- Tangible fixed assets -€25,895
down €25,895 (-21.7%), from €119,468 to €93,573
of which Furniture and vehicles: -€25,405
- Reserves +€56,448
up €56,448 (+16.9%), from €334,949 to €391,396
of which Distributable reserves: +€56,448
- Debts after one year -€16,288
down €16,288 (-40.2%), from €40,506 to €24,218
- Other debts -€10,178
down €10,178 (-86.1%), from €11,816 to €1,638
- Gross operating margin -€66,089
down €66,089 (-37.7%), from €175,233 to €109,143
- Taxes -€13,592
down €13,592 (-31.5%), from €43,130 to €29,537
- Depreciation +€9,988
up €9,988 (+56.5%), from €17,687 to €27,675
- Financial income +€7,484
up €7,484 (+681%), from €1,098 to €8,583
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €484,584 | €512,822 | +€28,237 | +5.8% |
| Fixed assets | 21/28 | €119,818 | €93,923 | -€25,895 | -21.6% |
| Tangible fixed assets | 22/27 | €119,468 | €93,573 | -€25,895 | -21.7% |
| Plant, machinery and equipment | 23 | €1,482 | €992 | -€490 | -33.1% |
| Furniture and vehicles | 24 | €117,986 | €92,580 | -€25,405 | -21.5% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €364,766 | €418,899 | +€54,133 | +14.8% |
| Current investments | 50/53 | €220,000 | €220,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €144,519 | €198,899 | +€54,380 | +37.6% |
| Deferred charges and accrued income | 490/1 | €247 | - | -€247 | |
| Total equity and liabilities | 10/49 | €484,584 | €512,822 | +€28,237 | +5.8% |
| Equity | 10/15 | €378,629 | €435,076 | +€56,448 | +14.9% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €334,949 | €391,396 | +€56,448 | +16.9% |
| Non-distributable reserves | 130/1 | €7,907 | €7,907 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,907 | €7,907 | = | 0.0% |
| Distributable reserves | 133 | €327,042 | €383,489 | +€56,448 | +17.3% |
| Profit (loss) carried forward | 14 | €24,930 | €24,930 | = | 0.0% |
| Amounts payable | 17/49 | €105,956 | €77,745 | -€28,210 | -26.6% |
| Amounts payable after more than one year | 17 | €40,506 | €24,218 | -€16,288 | -40.2% |
| Financial debts | 170/4 | €40,506 | €24,218 | -€16,288 | -40.2% |
| Amounts payable within one year | 42/48 | €65,449 | €53,527 | -€11,922 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €15,650 | €16,288 | +€638 | +4.1% |
| Trade debts | 44 | €553 | €836 | +€283 | +51.1% |
| Suppliers | 440/4 | €553 | €836 | +€283 | +51.1% |
| Taxes, remuneration and social security | 45 | €37,430 | €34,765 | -€2,665 | -7.1% |
| Taxes | 450/3 | €37,430 | €34,765 | -€2,665 | -7.1% |
| Other amounts payable | 47/48 | €11,816 | €1,638 | -€10,178 | -86.1% |
| Non-recurring operating income | 76A | - | €6,500 | +€6,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,687 | €27,675 | +€9,988 | +56.5% |
| Other operating charges | 640/8 | €2,471 | €1,606 | -€866 | -35.0% |
| Gross operating margin | 9900 | €175,233 | €109,143 | -€66,089 | -37.7% |
| Operating profit (loss) | 9901 | €155,074 | €79,862 | -€75,212 | -48.5% |
| Financial income | 75/76B | €1,098 | €8,583 | +€7,484 | +681% |
| Recurring financial income | 75 | €1,098 | €8,583 | +€7,484 | +681% |
| Financial charges | 65/66B | €2,107 | €2,460 | +€352 | +16.7% |
| Recurring financial charges | 65 | €2,107 | €2,460 | +€352 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €154,065 | €85,985 | -€68,080 | -44.2% |
| Income taxes | 67/77 | €43,130 | €29,537 | -€13,592 | -31.5% |
| Profit (loss) for the period | 9904 | €110,935 | €56,448 | -€54,488 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €110,935 | €56,448 | -€54,488 | -49.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.