Dokter Katrin Peeters: 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 Katrin Peeters
Largest movements
- Cash -€20,636
down €20,636 (-21.5%), from €96,132 to €75,496
mainly Investment in fixed assets (net) (-€24,557) and Debts after one year (-€18,373)
- Intangible fixed assets -€17,500
down €17,500 (-52.2%), from €33,542 to €16,042
- Tangible fixed assets +€13,207
up €13,207 (+53.3%), from €24,801 to €38,008
of which Land and buildings: +€19,174
- Current investments +€12,000
up €12,000 (+23.4%), from €51,182 to €63,182
- Debts after one year -€18,373
down €18,373 (-85.8%), from €21,410 to €3,037
- Reserves +€13,910
up €13,910 (+10.7%), from €130,390 to €144,300
- Other debts -€7,487
down €7,487 (-27.9%), from €26,838 to €19,351
- Depreciation +€7,619
up €7,619 (+35.9%), from €21,231 to €28,850
- Financial income -€2,554
down €2,554 (-99.2%), from €2,574 to €21
- Taxes -€2,540
down €2,540 (-26.7%), from €9,514 to €6,974
- Gross operating margin -€1,946
down €1,946 (-3.6%), from €53,815 to €51,869
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 | €210,222 | €199,485 | -€10,737 | -5.1% |
| Fixed assets | 21/28 | €58,343 | €54,050 | -€4,293 | -7.4% |
| Intangible fixed assets | 21 | €33,542 | €16,042 | -€17,500 | -52.2% |
| Tangible fixed assets | 22/27 | €24,801 | €38,008 | +€13,207 | +53.3% |
| Land and buildings | 22 | - | €19,174 | +€19,174 | |
| Furniture and vehicles | 24 | €20,626 | €15,650 | -€4,976 | -24.1% |
| Other tangible fixed assets | 26 | €4,175 | €3,184 | -€991 | -23.7% |
| Current assets | 29/58 | €151,879 | €145,435 | -€6,444 | -4.2% |
| Amounts receivable within one year | 40/41 | €3,220 | €4,463 | +€1,243 | +38.6% |
| Trade receivables | 40 | €2,475 | €3,192 | +€716 | +28.9% |
| Other amounts receivable | 41 | €745 | €1,271 | +€526 | +70.7% |
| Current investments | 50/53 | €51,182 | €63,182 | +€12,000 | +23.4% |
| Cash at bank and in hand | 54/58 | €96,132 | €75,496 | -€20,636 | -21.5% |
| Deferred charges and accrued income | 490/1 | €1,345 | €2,294 | +€950 | +70.6% |
| Total equity and liabilities | 10/49 | €210,222 | €199,485 | -€10,737 | -5.1% |
| Equity | 10/15 | €142,790 | €156,700 | +€13,910 | +9.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €130,390 | €144,300 | +€13,910 | +10.7% |
| Distributable reserves | 133 | €130,390 | €144,300 | +€13,910 | +10.7% |
| Amounts payable | 17/49 | €67,432 | €42,785 | -€24,647 | -36.6% |
| Amounts payable after more than one year | 17 | €21,410 | €3,037 | -€18,373 | -85.8% |
| Financial debts | 170/4 | €21,410 | €3,037 | -€18,373 | -85.8% |
| Amounts payable within one year | 42/48 | €46,022 | €39,748 | -€6,274 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €18,170 | €18,373 | +€204 | +1.1% |
| Trade debts | 44 | €1,014 | €2,024 | +€1,010 | +99.6% |
| Suppliers | 440/4 | €1,014 | €2,024 | +€1,010 | +99.6% |
| Other amounts payable | 47/48 | €26,838 | €19,351 | -€7,487 | -27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,231 | €28,850 | +€7,619 | +35.9% |
| Other operating charges | 640/8 | €2,005 | €1,723 | -€282 | -14.0% |
| Gross operating margin | 9900 | €53,815 | €51,869 | -€1,946 | -3.6% |
| Operating profit (loss) | 9901 | €30,579 | €21,295 | -€9,284 | -30.4% |
| Financial income | 75/76B | €2,574 | €21 | -€2,554 | -99.2% |
| Recurring financial income | 75 | €2,574 | €21 | -€2,554 | -99.2% |
| Financial charges | 65/66B | €29 | €432 | +€403 | +1,375% |
| Recurring financial charges | 65 | €29 | €432 | +€403 | +1,375% |
| Profit (loss) for the period before taxes | 9903 | €33,125 | €20,884 | -€12,241 | -37.0% |
| Income taxes | 67/77 | €9,514 | €6,974 | -€2,540 | -26.7% |
| Profit (loss) for the period | 9904 | €23,611 | €13,910 | -€9,701 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,611 | €13,910 | -€9,701 | -41.1% |
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 30 October 2026 via checked.be.