Dokter Linde De Keyzer: what changed
Dokter Linde De Keyzer
Largest movements
- Tangible fixed assets +€99,069
up €99,069 (+7.3%), from €1.4m to €1.5m
of which Land and buildings: +€92,965
- Receivables within one year +€85,336
up €85,336 (+70.7%), from €120,720 to €206,056
- Cash -€71,892
down €71,892 (-54.2%), from €132,697 to €60,805
mainly Investment in fixed assets (net) (-€136,482) and Receivables within one year (-€85,336)
- Reserves +€127,115
up €127,115 (+33.8%), from €376,378 to €503,493
- Trade debts -€71,810
down €71,810 (-96.2%), from €74,635 to €2,826
- Debts after one year +€27,745
up €27,745 (+2.6%), from €1.1m to €1.1m
of which Financial debts: +€27,745
- Current portion of long-term debt +€24,104
up €24,104 (+37.0%), from €65,161 to €89,265
- Gross operating margin +€44,918
up €44,918 (+21.7%), from €206,953 to €251,871
- Taxes +€10,224
up €10,224 (+22.7%), from €45,019 to €55,243
- Financial charges +€7,277
up €7,277 (+36.1%), from €20,182 to €27,459
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 | €1,619,973 | €1,733,958 | +€113,985 | +7.0% |
| Fixed assets | 21/28 | €1,363,390 | €1,462,459 | +€99,069 | +7.3% |
| Tangible fixed assets | 22/27 | €1,363,390 | €1,462,459 | +€99,069 | +7.3% |
| Land and buildings | 22 | €1,362,676 | €1,455,641 | +€92,965 | +6.8% |
| Furniture and vehicles | 24 | €714 | €6,818 | +€6,103 | +854% |
| Current assets | 29/58 | €256,583 | €271,499 | +€14,917 | +5.8% |
| Amounts receivable within one year | 40/41 | €120,720 | €206,056 | +€85,336 | +70.7% |
| Other amounts receivable | 41 | €120,720 | €206,056 | +€85,336 | +70.7% |
| Current investments | 50/53 | - | €2,475 | +€2,475 | |
| Cash at bank and in hand | 54/58 | €132,697 | €60,805 | -€71,892 | -54.2% |
| Deferred charges and accrued income | 490/1 | €3,166 | €2,163 | -€1,003 | -31.7% |
| Total equity and liabilities | 10/49 | €1,619,973 | €1,733,958 | +€113,985 | +7.0% |
| Equity | 10/15 | €394,978 | €522,093 | +€127,115 | +32.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €376,378 | €503,493 | +€127,115 | +33.8% |
| Distributable reserves | 133 | €376,378 | €503,493 | +€127,115 | +33.8% |
| Amounts payable | 17/49 | €1,224,995 | €1,211,865 | -€13,130 | -1.1% |
| Amounts payable after more than one year | 17 | €1,080,391 | €1,108,136 | +€27,745 | +2.6% |
| Financial debts | 170/4 | €980,391 | €1,008,136 | +€27,745 | +2.8% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €144,604 | €103,729 | -€40,875 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €65,161 | €89,265 | +€24,104 | +37.0% |
| Trade debts | 44 | €74,635 | €2,826 | -€71,810 | -96.2% |
| Suppliers | 440/4 | €74,635 | €2,826 | -€71,810 | -96.2% |
| Taxes, remuneration and social security | 45 | €3,407 | €8,838 | +€5,431 | +159% |
| Taxes | 450/3 | €3,407 | €8,838 | +€5,431 | +159% |
| Other amounts payable | 47/48 | €1,400 | €2,800 | +€1,400 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,545 | €37,414 | +€1,868 | +5.3% |
| Other operating charges | 640/8 | €4,045 | €4,715 | +€670 | +16.6% |
| Gross operating margin | 9900 | €206,953 | €251,871 | +€44,918 | +21.7% |
| Operating profit (loss) | 9901 | €167,362 | €209,742 | +€42,380 | +25.3% |
| Financial income | 75/76B | - | €75 | +€75 | |
| Recurring financial income | 75 | - | €75 | +€75 | |
| Financial charges | 65/66B | €20,182 | €27,459 | +€7,277 | +36.1% |
| Recurring financial charges | 65 | €20,182 | €27,459 | +€7,277 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | €147,181 | €182,358 | +€35,178 | +23.9% |
| Income taxes | 67/77 | €45,019 | €55,243 | +€10,224 | +22.7% |
| Profit (loss) for the period | 9904 | €102,162 | €127,115 | +€24,954 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €102,162 | €127,115 | +€24,954 | +24.4% |
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 3 November 2026 via checked.be.