Dokter J. Opheide: 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 J. Opheide
Largest movements
- Current investments +€104,799
up €104,799 (+34.9%), from €300,000 to €404,799
- Cash +€83,827
up €83,827 (+28.0%), from €299,747 to €383,573
mainly Net result for the year (+€188,092) and Other debts (+€40,223)
- Reserves +€131,073
up €131,073 (+17.9%), from €730,281 to €861,354
of which Distributable reserves: +€134,591
- Other debts +€40,223
up €40,223 (+33.6%), from €119,647 to €159,870
- Tax, wage and social debts +€23,952
up €23,952 (+515%), from €4,650 to €28,602
of which Taxes: +€27,452
- Gross operating margin +€92,873
up €92,873 (+49.4%), from €188,135 to €281,008
- Financial charges -€71,032
down €71,032 (-87.0%), from €81,646 to €10,614
of which Non-recurring financial charges: -€81,357
- Taxes +€34,498
up €34,498 (+71.2%), from €48,486 to €82,984
- Financial income +€9,747
up €9,747 (+201%), from €4,858 to €14,606
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 | €879,111 | €1,068,807 | +€189,696 | +21.6% |
| Fixed assets | 21/28 | €227,417 | €224,713 | -€2,704 | -1.2% |
| Tangible fixed assets | 22/27 | €127,600 | €124,896 | -€2,704 | -2.1% |
| Land and buildings | 22 | €119,269 | €110,049 | -€9,219 | -7.7% |
| Plant, machinery and equipment | 23 | €4,844 | €4,002 | -€842 | -17.4% |
| Furniture and vehicles | 24 | €3,488 | €10,845 | +€7,357 | +211% |
| Financial fixed assets | 28 | €99,817 | €99,817 | = | 0.0% |
| Current assets | 29/58 | €651,694 | €844,094 | +€192,400 | +29.5% |
| Amounts receivable within one year | 40/41 | €44,531 | €49,105 | +€4,574 | +10.3% |
| Trade receivables | 40 | - | €2,212 | +€2,212 | |
| Other amounts receivable | 41 | €44,531 | €46,893 | +€2,362 | +5.3% |
| Current investments | 50/53 | €300,000 | €404,799 | +€104,799 | +34.9% |
| Cash at bank and in hand | 54/58 | €299,747 | €383,573 | +€83,827 | +28.0% |
| Deferred charges and accrued income | 490/1 | €7,417 | €6,616 | -€800 | -10.8% |
| Total equity and liabilities | 10/49 | €879,111 | €1,068,807 | +€189,696 | +21.6% |
| Equity | 10/15 | €742,681 | €873,754 | +€131,073 | +17.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €730,281 | €861,354 | +€131,073 | +17.9% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Tax-exempt reserves | 132 | €11,235 | €9,576 | -€1,659 | -14.8% |
| Distributable reserves | 133 | €717,187 | €851,778 | +€134,591 | +18.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €5,785 | €4,931 | -€854 | -14.8% |
| Deferred taxes | 168 | €5,785 | €4,931 | -€854 | -14.8% |
| Amounts payable | 17/49 | €130,645 | €190,122 | +€59,477 | +45.5% |
| Amounts payable within one year | 42/48 | €130,458 | €189,929 | +€59,471 | +45.6% |
| Trade debts | 44 | €6,161 | €1,457 | -€4,704 | -76.4% |
| Suppliers | 440/4 | €6,161 | €1,457 | -€4,704 | -76.4% |
| Taxes, remuneration and social security | 45 | €4,650 | €28,602 | +€23,952 | +515% |
| Taxes | 450/3 | €1,150 | €28,602 | +€27,452 | +2,387% |
| Remuneration and social security | 454/9 | €3,500 | €0 | -€3,500 | -100% |
| Other amounts payable | 47/48 | €119,647 | €159,870 | +€40,223 | +33.6% |
| Accrued charges and deferred income | 492/3 | €187 | €193 | +€6 | +3.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €92 | €169 | +€77 | +84.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,688 | €11,670 | -€1,018 | -8.0% |
| Other operating charges | 640/8 | €2,920 | €2,939 | +€19 | +0.7% |
| Non-recurring operating charges | 66A | €204 | €0 | -€204 | -100% |
| Gross operating margin | 9900 | €188,135 | €281,008 | +€92,873 | +49.4% |
| Operating profit (loss) | 9901 | €172,231 | €266,230 | +€93,998 | +54.6% |
| Financial income | 75/76B | €4,858 | €14,606 | +€9,747 | +201% |
| Recurring financial income | 75 | €4,858 | €14,606 | +€9,747 | +201% |
| Financial charges | 65/66B | €81,646 | €10,614 | -€71,032 | -87.0% |
| Recurring financial charges | 65 | €289 | €10,614 | +€10,325 | +3,575% |
| Non-recurring financial charges | 66B | €81,357 | €0 | -€81,357 | -100% |
| Profit (loss) for the period before taxes | 9903 | €95,444 | €270,222 | +€174,778 | +183% |
| Transfer from deferred taxes | 780 | €854 | €854 | = | 0.0% |
| Income taxes | 67/77 | €48,486 | €82,984 | +€34,498 | +71.2% |
| Profit (loss) for the period | 9904 | €47,812 | €188,092 | +€140,280 | +293% |
| Transfer from tax-exempt reserves | 789 | €1,659 | €1,659 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,471 | €189,751 | +€140,280 | +284% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.