DOKTER MARC VANCLOOSTER: 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 MARC VANCLOOSTER
Largest movements
- Current investments +€72,455
up €72,455 (+6.8%), from €1.1m to €1.1m
- Tangible fixed assets +€65,288
up €65,288 (+58.4%), from €111,853 to €177,142
of which Furniture and vehicles: +€71,574
- Cash +€27,997
up €27,997 (+7.5%), from €372,224 to €400,221
mainly Net result for the year (+€153,517) and Depreciation (+€37,561)
- Deferred charges and accrued income +€20,084
up €20,084 (+162%), from €12,412 to €32,497
- Reserves +€153,517
up €153,517 (+10.2%), from €1.5m to €1.7m
of which Distributable reserves: +€153,517
- Tax, wage and social debts +€22,125
up €22,125 (+134%), from €16,457 to €38,582
of which Taxes: +€22,125
- Other operating charges -€38,244
down €38,244 (-90.4%), from €42,306 to €4,062
- Depreciation +€15,702
up €15,702 (+71.8%), from €21,859 to €37,561
- Financial income +€15,592
up €15,592 (+76.8%), from €20,306 to €35,897
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 | €1,559,057 | €1,743,175 | +€184,118 | +11.8% |
| Fixed assets | 21/28 | €111,853 | €177,142 | +€65,288 | +58.4% |
| Tangible fixed assets | 22/27 | €111,853 | €177,142 | +€65,288 | +58.4% |
| Land and buildings | 22 | €9,638 | €8,435 | -€1,204 | -12.5% |
| Plant, machinery and equipment | 23 | €57,682 | €52,600 | -€5,082 | -8.8% |
| Furniture and vehicles | 24 | €44,533 | €116,107 | +€71,574 | +161% |
| Current assets | 29/58 | €1,447,204 | €1,566,033 | +€118,829 | +8.2% |
| Amounts receivable within one year | 40/41 | €1,707 | €0 | -€1,707 | -100% |
| Trade receivables | 40 | €1,707 | €0 | -€1,707 | -100% |
| Current investments | 50/53 | €1,060,860 | €1,133,315 | +€72,455 | +6.8% |
| Cash at bank and in hand | 54/58 | €372,224 | €400,221 | +€27,997 | +7.5% |
| Deferred charges and accrued income | 490/1 | €12,412 | €32,497 | +€20,084 | +162% |
| Total equity and liabilities | 10/49 | €1,559,057 | €1,743,175 | +€184,118 | +11.8% |
| Equity | 10/15 | €1,522,976 | €1,676,493 | +€153,517 | +10.1% |
| Contributions | 10/11 | €18,629 | €18,629 | = | 0.0% |
| Reserves | 13 | €1,504,347 | €1,657,864 | +€153,517 | +10.2% |
| Tax-exempt reserves | 132 | €32,140 | €32,140 | = | 0.0% |
| Distributable reserves | 133 | €1,472,207 | €1,625,724 | +€153,517 | +10.4% |
| Amounts payable | 17/49 | €36,081 | €66,682 | +€30,601 | +84.8% |
| Amounts payable within one year | 42/48 | €34,439 | €64,911 | +€30,471 | +88.5% |
| Trade debts | 44 | €1,132 | €1,988 | +€856 | +75.6% |
| Suppliers | 440/4 | €1,132 | €1,988 | +€856 | +75.6% |
| Taxes, remuneration and social security | 45 | €16,457 | €38,582 | +€22,125 | +134% |
| Taxes | 450/3 | €16,457 | €38,582 | +€22,125 | +134% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €16,851 | €24,341 | +€7,491 | +44.5% |
| Accrued charges and deferred income | 492/3 | €1,642 | €1,771 | +€130 | +7.9% |
| Non-recurring operating income | 76A | €0 | €8,000 | +€8,000 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,859 | €37,561 | +€15,702 | +71.8% |
| Other operating charges | 640/8 | €42,306 | €4,062 | -€38,244 | -90.4% |
| Gross operating margin | 9900 | €232,119 | €230,891 | -€1,228 | -0.5% |
| Operating profit (loss) | 9901 | €167,953 | €189,268 | +€21,315 | +12.7% |
| Financial income | 75/76B | €20,306 | €35,897 | +€15,592 | +76.8% |
| Recurring financial income | 75 | €20,306 | €35,897 | +€15,592 | +76.8% |
| Financial charges | 65/66B | €1,720 | €1,749 | +€29 | +1.7% |
| Recurring financial charges | 65 | €1,720 | €1,749 | +€29 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €186,539 | €223,417 | +€36,878 | +19.8% |
| Income taxes | 67/77 | €70,779 | €69,900 | -€878 | -1.2% |
| Profit (loss) for the period | 9904 | €115,760 | €153,517 | +€37,757 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €115,760 | €153,517 | +€37,757 | +32.6% |
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.