DOKTER HAEVERANS: 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 HAEVERANS
Largest movements
- Current investments +€241,727
up €241,727 (+84.4%), from €286,306 to €528,032
- Tangible fixed assets -€66,143
down €66,143 (-6.5%), from €1.0m to €948,136
of which Land and buildings: -€46,135
- Cash +€19,526
up €19,526 (+13.6%), from €143,920 to €163,446
mainly Net result for the year (+€291,164) and Depreciation (+€72,101)
- Reserves +€291,164
up €291,164 (+26.1%), from €1.1m to €1.4m
- Other debts -€76,594
no longer reported in 2025 (was €76,594)
- Debts after one year -€19,537
down €19,537 (-9.4%), from €208,369 to €188,832
- Gross operating margin -€25,231
down €25,231 (-4.6%), from €554,235 to €529,005
- Taxes -€11,058
down €11,058 (-7.8%), from €141,668 to €130,609
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 | €1,477,399 | €1,675,298 | +€197,898 | +13.4% |
| Fixed assets | 21/28 | €1,014,279 | €948,136 | -€66,143 | -6.5% |
| Tangible fixed assets | 22/27 | €1,014,279 | €948,136 | -€66,143 | -6.5% |
| Land and buildings | 22 | €928,593 | €882,458 | -€46,135 | -5.0% |
| Plant, machinery and equipment | 23 | €54,107 | €41,650 | -€12,456 | -23.0% |
| Furniture and vehicles | 24 | €31,579 | €24,027 | -€7,552 | -23.9% |
| Current assets | 29/58 | €463,120 | €727,162 | +€264,041 | +57.0% |
| Amounts receivable within one year | 40/41 | €32,868 | €35,656 | +€2,788 | +8.5% |
| Other amounts receivable | 41 | €32,868 | €35,656 | +€2,788 | +8.5% |
| Current investments | 50/53 | €286,306 | €528,032 | +€241,727 | +84.4% |
| Cash at bank and in hand | 54/58 | €143,920 | €163,446 | +€19,526 | +13.6% |
| Deferred charges and accrued income | 490/1 | €27 | €28 | +€1 | +3.4% |
| Total equity and liabilities | 10/49 | €1,477,399 | €1,675,298 | +€197,898 | +13.4% |
| Equity | 10/15 | €1,133,377 | €1,424,541 | +€291,164 | +25.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,114,777 | €1,405,941 | +€291,164 | +26.1% |
| Distributable reserves | 133 | €1,114,777 | €1,405,941 | +€291,164 | +26.1% |
| Amounts payable | 17/49 | €344,022 | €250,756 | -€93,266 | -27.1% |
| Amounts payable after more than one year | 17 | €208,369 | €188,832 | -€19,537 | -9.4% |
| Financial debts | 170/4 | €208,369 | €188,832 | -€19,537 | -9.4% |
| Amounts payable within one year | 42/48 | €133,456 | €60,814 | -€72,642 | -54.4% |
| Current portion of amounts payable after more than one year | 42 | €19,336 | €19,537 | +€201 | +1.0% |
| Trade debts | 44 | €7,288 | €6,796 | -€492 | -6.8% |
| Suppliers | 440/4 | €7,288 | €6,796 | -€492 | -6.8% |
| Taxes, remuneration and social security | 45 | €30,238 | €34,481 | +€4,243 | +14.0% |
| Taxes | 450/3 | €26,232 | €30,001 | +€3,769 | +14.4% |
| Remuneration and social security | 454/9 | €4,006 | €4,480 | +€474 | +11.8% |
| Other amounts payable | 47/48 | €76,594 | - | -€76,594 | |
| Accrued charges and deferred income | 492/3 | €2,198 | €1,111 | -€1,087 | -49.5% |
| Remuneration, social security and pensions | 62 | €26,184 | €31,141 | +€4,957 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,791 | €72,101 | +€1,311 | +1.9% |
| Other operating charges | 640/8 | €5,862 | €6,061 | +€199 | +3.4% |
| Gross operating margin | 9900 | €554,235 | €529,005 | -€25,231 | -4.6% |
| Operating profit (loss) | 9901 | €451,399 | €419,701 | -€31,697 | -7.0% |
| Financial income | 75/76B | €7,370 | €7,586 | +€217 | +2.9% |
| Recurring financial income | 75 | €7,370 | €7,586 | +€217 | +2.9% |
| Financial charges | 65/66B | €6,967 | €5,514 | -€1,453 | -20.9% |
| Recurring financial charges | 65 | €6,967 | €5,514 | -€1,453 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €451,802 | €421,774 | -€30,028 | -6.6% |
| Income taxes | 67/77 | €141,668 | €130,609 | -€11,058 | -7.8% |
| Profit (loss) for the period | 9904 | €310,134 | €291,164 | -€18,970 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €310,134 | €291,164 | -€18,970 | -6.1% |
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 18 October 2026 via checked.be.