DOKTER GEERT VAN EETVELDE: 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 GEERT VAN EETVELDE
Largest movements
- Cash +€71,629
up €71,629 (+51.4%), from €139,395 to €211,025
mainly Other debts (+€199,967) and Net result for the year (+€188,212)
- Current investments +€60,000
up €60,000 (+14.5%), from €412,948 to €472,948
- Receivables within one year -€14,517
down €14,517 (-9.2%), from €156,964 to €142,447
of which Other amounts receivable: -€14,217
- Other debts +€199,967
up €199,967 (+400%), from €50,033 to €250,000
- Reserves -€61,788
down €61,788 (-9.5%), from €652,018 to €590,230
of which Distributable reserves: -€54,858
- Tax, wage and social debts -€13,893
down €13,893 (-92.0%), from €15,095 to €1,203
- Gross operating margin +€124,786
up €124,786 (+91.8%), from €135,935 to €260,720
- Taxes +€29,174
up €29,174 (+63.7%), from €45,781 to €74,955
- Financial income -€4,123
down €4,123 (-21.8%), from €18,953 to €14,831
- Financial charges -€3,118
down €3,118 (-50.9%), from €6,129 to €3,010
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 | €770,296 | €882,245 | +€111,949 | +14.5% |
| Fixed assets | 21/28 | €60,210 | €54,354 | -€5,856 | -9.7% |
| Tangible fixed assets | 22/27 | €60,185 | €54,329 | -€5,856 | -9.7% |
| Land and buildings | 22 | €57,524 | €52,059 | -€5,465 | -9.5% |
| Plant, machinery and equipment | 23 | €201 | €806 | +€605 | +301% |
| Furniture and vehicles | 24 | €2,461 | €1,464 | -€997 | -40.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €710,085 | €827,891 | +€117,806 | +16.6% |
| Amounts receivable within one year | 40/41 | €156,964 | €142,447 | -€14,517 | -9.2% |
| Trade receivables | 40 | €300 | €0 | -€300 | -100% |
| Other amounts receivable | 41 | €156,664 | €142,447 | -€14,217 | -9.1% |
| Current investments | 50/53 | €412,948 | €472,948 | +€60,000 | +14.5% |
| Cash at bank and in hand | 54/58 | €139,395 | €211,025 | +€71,629 | +51.4% |
| Deferred charges and accrued income | 490/1 | €778 | €1,471 | +€693 | +89.0% |
| Total equity and liabilities | 10/49 | €770,296 | €882,245 | +€111,949 | +14.5% |
| Equity | 10/15 | €671,952 | €610,164 | -€61,788 | -9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €652,018 | €590,230 | -€61,788 | -9.5% |
| Non-distributable reserves | 130/1 | €6,930 | €0 | -€6,930 | -100% |
| Reserves not available under the articles | 1311 | €6,930 | €0 | -€6,930 | -100% |
| Distributable reserves | 133 | €645,088 | €590,230 | -€54,858 | -8.5% |
| Profit (loss) carried forward | 14 | €1,334 | €1,334 | = | 0.0% |
| Amounts payable | 17/49 | €98,343 | €272,081 | +€173,738 | +177% |
| Amounts payable within one year | 42/48 | €88,721 | €269,585 | +€180,864 | +204% |
| Current portion of amounts payable after more than one year | 42 | €8,333 | €0 | -€8,333 | -100% |
| Trade debts | 44 | €15,260 | €18,383 | +€3,122 | +20.5% |
| Suppliers | 440/4 | €15,260 | €18,383 | +€3,122 | +20.5% |
| Taxes, remuneration and social security | 45 | €15,095 | €1,203 | -€13,893 | -92.0% |
| Taxes | 450/3 | €15,095 | €1,203 | -€13,893 | -92.0% |
| Other amounts payable | 47/48 | €50,033 | €250,000 | +€199,967 | +400% |
| Accrued charges and deferred income | 492/3 | €9,622 | €2,496 | -€7,126 | -74.1% |
| Remuneration, social security and pensions | 62 | €0 | €680 | +€680 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,927 | €6,685 | -€242 | -3.5% |
| Other operating charges | 640/8 | €2,146 | €2,009 | -€137 | -6.4% |
| Gross operating margin | 9900 | €135,935 | €260,720 | +€124,786 | +91.8% |
| Operating profit (loss) | 9901 | €126,861 | €251,346 | +€124,485 | +98.1% |
| Financial income | 75/76B | €18,953 | €14,831 | -€4,123 | -21.8% |
| Recurring financial income | 75 | €18,953 | €14,831 | -€4,123 | -21.8% |
| Financial charges | 65/66B | €6,129 | €3,010 | -€3,118 | -50.9% |
| Recurring financial charges | 65 | €6,129 | €3,010 | -€3,118 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | €139,686 | €263,167 | +€123,480 | +88.4% |
| Income taxes | 67/77 | €45,781 | €74,955 | +€29,174 | +63.7% |
| Profit (loss) for the period | 9904 | €93,906 | €188,212 | +€94,306 | +100% |
| Profit (loss) for the period to be appropriated | 9905 | €93,906 | €188,212 | +€94,306 | +100% |
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 27 October 2026 via checked.be.