DOKTER KATRIEN DE VADDER: 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 KATRIEN DE VADDER
Largest movements
- Cash +€70,837
up €70,837 (+37.4%), from €189,336 to €260,173
mainly Net result for the year (+€252,517) and Depreciation (+€51,255)
- Intangible fixed assets -€48,500
down €48,500 (-25.0%), from €194,000 to €145,500
- Receivables within one year -€6,542
down €6,542 (-3.9%), from €169,353 to €162,811
of which Trade receivables: -€6,542
- Reserves +€92,517
up €92,517 (+246.1%), from €37,598 to €130,115
- Debts after one year -€49,446
down €49,446 (-28.2%), from €175,207 to €125,761
- Tax, wage and social debts -€17,435
down €17,435 (-22.3%), from €78,149 to €60,714
- Other debts -€12,450
down €12,450 (-6.2%), from €199,621 to €187,171
- Gross operating margin +€43,541
up €43,541 (+12.7%), from €344,012 to €387,553
- Taxes +€9,105
up €9,105 (+12.9%), from €70,804 to €79,910
- Staff costs -€6,445
down €6,445 (-100.0%), from €6,445 to €0
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.
Cash bridge derived
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 | €560,194 | €574,789 | +€14,594 | +2.6% |
| Fixed assets | 21/28 | €201,226 | €149,971 | -€51,255 | -25.5% |
| Intangible fixed assets | 21 | €194,000 | €145,500 | -€48,500 | -25.0% |
| Tangible fixed assets | 22/27 | €7,126 | €4,371 | -€2,755 | -38.7% |
| Furniture and vehicles | 24 | €7,126 | €4,371 | -€2,755 | -38.7% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €358,968 | €424,818 | +€65,850 | +18.3% |
| Amounts receivable within one year | 40/41 | €169,353 | €162,811 | -€6,542 | -3.9% |
| Trade receivables | 40 | €169,353 | €162,811 | -€6,542 | -3.9% |
| Other amounts receivable | 41 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €189,336 | €260,173 | +€70,837 | +37.4% |
| Deferred charges and accrued income | 490/1 | €278 | €1,833 | +€1,555 | +558.7% |
| Total equity and liabilities | 10/49 | €560,194 | €574,789 | +€14,594 | +2.6% |
| Equity | 10/15 | €56,148 | €148,665 | +€92,517 | +164.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €37,598 | €130,115 | +€92,517 | +246.1% |
| Distributable reserves | 133 | €37,598 | €130,115 | +€92,517 | +246.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €504,047 | €426,124 | -€77,923 | -15.5% |
| Amounts payable after more than one year | 17 | €175,207 | €125,761 | -€49,446 | -28.2% |
| Financial debts | 170/4 | €175,207 | €125,761 | -€49,446 | -28.2% |
| Amounts payable within one year | 42/48 | €328,840 | €300,362 | -€28,477 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €48,962 | €49,446 | +€484 | +1.0% |
| Trade debts | 44 | €2,107 | €3,031 | +€924 | +43.8% |
| Suppliers | 440/4 | €2,107 | €3,031 | +€924 | +43.8% |
| Taxes, remuneration and social security | 45 | €78,149 | €60,714 | -€17,435 | -22.3% |
| Taxes | 450/3 | €78,149 | €60,714 | -€17,435 | -22.3% |
| Other amounts payable | 47/48 | €199,621 | €187,171 | -€12,450 | -6.2% |
| Non-recurring operating income | 76A | - | €11,500 | +€11,500 | |
| Remuneration, social security and pensions | 62 | €6,445 | €0 | -€6,445 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,803 | €51,255 | -€547 | -1.1% |
| Other operating charges | 640/8 | €2,553 | €1,100 | -€1,453 | -56.9% |
| Gross operating margin | 9900 | €344,012 | €387,553 | +€43,541 | +12.7% |
| Operating profit (loss) | 9901 | €283,211 | €335,197 | +€51,986 | +18.4% |
| Financial charges | 65/66B | €2,783 | €2,770 | -€13 | -0.5% |
| Recurring financial charges | 65 | €2,783 | €2,770 | -€13 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €280,428 | €332,427 | +€51,999 | +18.5% |
| Income taxes | 67/77 | €70,804 | €79,910 | +€9,105 | +12.9% |
| Profit (loss) for the period | 9904 | €209,624 | €252,517 | +€42,893 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €209,624 | €252,517 | +€42,893 | +20.5% |
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 12 October 2026 via checked.be.