DOKTER INGE KERKHOFS: 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 INGE KERKHOFS
Largest movements
- Receivables within one year +€80,862
up €80,862 (+33.0%), from €245,178 to €326,039
of which Other amounts receivable: +€45,652
- Cash -€42,886
down €42,886 (-80.1%), from €53,516 to €10,630
mainly Contributions, distributions and other (-€184,467) and Receivables within one year (-€80,862)
- Other debts +€160,297
new in 2025: €160,297
- Reserves -€133,821
down €133,821 (-38.7%), from €345,487 to €211,666
of which Distributable reserves: -€133,821
- Tax, wage and social debts +€17,120
up €17,120 (+53.7%), from €31,887 to €49,007
- Gross operating margin -€42,835
down €42,835 (-39.2%), from €109,409 to €66,574
- Taxes -€18,719
down €18,719 (-58.7%), from €31,887 to €13,168
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 | €391,297 | €435,980 | +€44,682 | +11.4% |
| Fixed assets | 21/28 | €91,072 | €93,606 | +€2,534 | +2.8% |
| Tangible fixed assets | 22/27 | €1,072 | €3,606 | +€2,534 | +236% |
| Furniture and vehicles | 24 | €1,072 | €3,606 | +€2,534 | +236% |
| Financial fixed assets | 28 | €90,000 | €90,000 | = | 0.0% |
| Current assets | 29/58 | €300,225 | €342,374 | +€42,149 | +14.0% |
| Amounts receivable within one year | 40/41 | €245,178 | €326,039 | +€80,862 | +33.0% |
| Trade receivables | 40 | €139,580 | €174,790 | +€35,209 | +25.2% |
| Other amounts receivable | 41 | €105,597 | €151,250 | +€45,652 | +43.2% |
| Cash at bank and in hand | 54/58 | €53,516 | €10,630 | -€42,886 | -80.1% |
| Deferred charges and accrued income | 490/1 | €1,531 | €5,704 | +€4,173 | +273% |
| Total equity and liabilities | 10/49 | €391,297 | €435,980 | +€44,682 | +11.4% |
| Equity | 10/15 | €357,887 | €224,066 | -€133,821 | -37.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €345,487 | €211,666 | -€133,821 | -38.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €343,627 | €209,806 | -€133,821 | -38.9% |
| Amounts payable | 17/49 | €33,411 | €211,914 | +€178,503 | +534% |
| Amounts payable within one year | 42/48 | €33,411 | €211,914 | +€178,503 | +534% |
| Trade debts | 44 | €1,524 | €2,610 | +€1,086 | +71.3% |
| Suppliers | 440/4 | €1,524 | €2,610 | +€1,086 | +71.3% |
| Taxes, remuneration and social security | 45 | €31,887 | €49,007 | +€17,120 | +53.7% |
| Taxes | 450/3 | €31,887 | €49,007 | +€17,120 | +53.7% |
| Other amounts payable | 47/48 | - | €160,297 | +€160,297 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,092 | €1,159 | +€67 | +6.1% |
| Other operating charges | 640/8 | €1,236 | €1,208 | -€28 | -2.3% |
| Gross operating margin | 9900 | €109,409 | €66,574 | -€42,835 | -39.2% |
| Operating profit (loss) | 9901 | €107,081 | €64,208 | -€42,873 | -40.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €799 | €394 | -€405 | -50.7% |
| Recurring financial charges | 65 | €799 | €394 | -€405 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | €106,282 | €63,814 | -€42,468 | -40.0% |
| Income taxes | 67/77 | €31,887 | €13,168 | -€18,719 | -58.7% |
| Profit (loss) for the period | 9904 | €74,395 | €50,646 | -€23,749 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €74,395 | €50,646 | -€23,749 | -31.9% |
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 31 October 2026 via checked.be.