Dokter Katrien Van Houdt: what changed
Dokter Katrien Van Houdt
Largest movements
- Cash +€99,487
up €99,487 (+78.0%), from €127,537 to €227,024
mainly Net result for the year (+€91,256) and Current investments (+€54,047)
- Current investments -€54,047
down €54,047 (-37.3%), from €144,861 to €90,814
- Deferred charges and accrued income -€10,126
down €10,126 (-32.9%), from €30,773 to €20,646
- Reserves +€81,224
up €81,224 (+29.7%), from €273,732 to €354,957
- Profit (loss) carried forward -€31,000
no longer reported in 2025 (was €31,000)
- Current portion of long-term debt -€10,856
down €10,856 (-73.9%), from €14,699 to €3,843
- Trade debts -€4,756
down €4,756 (-84.7%), from €5,613 to €857
- Gross operating margin +€21,823
up €21,823 (+20.1%), from €108,668 to €130,490
- Taxes +€9,797
up €9,797 (+35.3%), from €27,742 to €37,539
- Depreciation -€6,010
down €6,010 (-52.4%), from €11,459 to €5,450
- Financial income +€2,553
up €2,553 (+88.4%), from €2,890 to €5,443
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €334,767 | €368,058 | +€33,290 | +9.9% |
| Fixed assets | 21/28 | €16,852 | €14,828 | -€2,023 | -12.0% |
| Tangible fixed assets | 22/27 | €16,852 | €14,828 | -€2,023 | -12.0% |
| Land and buildings | 22 | €13,339 | €10,641 | -€2,698 | -20.2% |
| Furniture and vehicles | 24 | €3,513 | €4,188 | +€675 | +19.2% |
| Current assets | 29/58 | €317,915 | €353,229 | +€35,314 | +11.1% |
| Amounts receivable within one year | 40/41 | €14,745 | €14,745 | = | 0.0% |
| Other amounts receivable | 41 | €14,745 | €14,745 | = | 0.0% |
| Current investments | 50/53 | €144,861 | €90,814 | -€54,047 | -37.3% |
| Cash at bank and in hand | 54/58 | €127,537 | €227,024 | +€99,487 | +78.0% |
| Deferred charges and accrued income | 490/1 | €30,773 | €20,646 | -€10,126 | -32.9% |
| Total equity and liabilities | 10/49 | €334,767 | €368,058 | +€33,290 | +9.9% |
| Equity | 10/15 | €305,732 | €355,957 | +€50,224 | +16.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €273,732 | €354,957 | +€81,224 | +29.7% |
| Distributable reserves | 133 | €273,732 | €354,957 | +€81,224 | +29.7% |
| Profit (loss) carried forward | 14 | €31,000 | - | -€31,000 | |
| Amounts payable | 17/49 | €29,035 | €12,101 | -€16,934 | -58.3% |
| Amounts payable after more than one year | 17 | €3,069 | - | -€3,069 | |
| Financial debts | 170/4 | €3,069 | - | -€3,069 | |
| Amounts payable within one year | 42/48 | €25,966 | €12,101 | -€13,865 | -53.4% |
| Current portion of amounts payable after more than one year | 42 | €14,699 | €3,843 | -€10,856 | -73.9% |
| Trade debts | 44 | €5,613 | €857 | -€4,756 | -84.7% |
| Suppliers | 440/4 | €5,613 | €857 | -€4,756 | -84.7% |
| Taxes, remuneration and social security | 45 | €2,937 | €3,136 | +€199 | +6.8% |
| Taxes | 450/3 | €2,937 | €3,136 | +€199 | +6.8% |
| Other amounts payable | 47/48 | €2,716 | €4,264 | +€1,548 | +57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,459 | €5,450 | -€6,010 | -52.4% |
| Other operating charges | 640/8 | €118 | €185 | +€67 | +56.8% |
| Gross operating margin | 9900 | €108,668 | €130,490 | +€21,823 | +20.1% |
| Operating profit (loss) | 9901 | €97,090 | €124,856 | +€27,765 | +28.6% |
| Financial income | 75/76B | €2,890 | €5,443 | +€2,553 | +88.4% |
| Recurring financial income | 75 | €2,890 | €5,443 | +€2,553 | +88.4% |
| Financial charges | 65/66B | €1,433 | €1,504 | +€71 | +5.0% |
| Recurring financial charges | 65 | €1,433 | €1,504 | +€71 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €98,547 | €128,794 | +€30,248 | +30.7% |
| Income taxes | 67/77 | €27,742 | €37,539 | +€9,797 | +35.3% |
| Profit (loss) for the period | 9904 | €70,805 | €91,256 | +€20,451 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,805 | €91,256 | +€20,451 | +28.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.