DOKTER PATRICK 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 PATRICK PEETERS
Largest movements
- Cash -€31,796
down €31,796 (-9.2%), from €345,014 to €313,217
mainly Other debts (-€25,927) and Net result for the year (-€14,663)
- Tangible fixed assets -€23,256
down €23,256 (-61.1%), from €38,090 to €14,834
of which Furniture and vehicles: -€18,351
- Other debts -€25,927
no longer reported in 2025 (was €25,927)
- Profit (loss) carried forward -€14,663
new in 2025: -€14,663
- Debts after one year -€8,595
no longer reported in 2025 (was €8,595)
- Gross operating margin -€150,754
down €150,754 (-91.5%), from €164,705 to €13,951
- Taxes -€31,155
down €31,155 (-68.7%), from €45,368 to €14,213
- Depreciation -€12,625
down €12,625 (-42.5%), from €29,675 to €17,050
- Other operating charges -€4,266
down €4,266 (-79.6%), from €5,360 to €1,094
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 | €612,672 | €561,537 | -€51,135 | -8.3% |
| Fixed assets | 21/28 | €38,090 | €14,834 | -€23,256 | -61.1% |
| Tangible fixed assets | 22/27 | €38,090 | €14,834 | -€23,256 | -61.1% |
| Land and buildings | 22 | €3,380 | €1,619 | -€1,761 | -52.1% |
| Plant, machinery and equipment | 23 | €3,506 | €362 | -€3,145 | -89.7% |
| Furniture and vehicles | 24 | €31,204 | €12,853 | -€18,351 | -58.8% |
| Current assets | 29/58 | €574,582 | €546,704 | -€27,879 | -4.9% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,098 | €29,021 | +€1,923 | +7.1% |
| Trade receivables | 40 | €27,098 | €10,000 | -€17,098 | -63.1% |
| Other amounts receivable | 41 | - | €19,021 | +€19,021 | |
| Cash at bank and in hand | 54/58 | €345,014 | €313,217 | -€31,796 | -9.2% |
| Deferred charges and accrued income | 490/1 | €2,471 | €4,465 | +€1,994 | +80.7% |
| Total equity and liabilities | 10/49 | €612,672 | €561,537 | -€51,135 | -8.3% |
| Equity | 10/15 | €564,090 | €549,428 | -€14,663 | -2.6% |
| Contributions | 10/11 | €15,726 | €15,726 | = | 0.0% |
| Reserves | 13 | €548,364 | €548,364 | = | 0.0% |
| Distributable reserves | 133 | €548,364 | €548,364 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€14,663 | -€14,663 | |
| Amounts payable | 17/49 | €48,582 | €12,110 | -€36,472 | -75.1% |
| Amounts payable after more than one year | 17 | €8,595 | - | -€8,595 | |
| Financial debts | 170/4 | €8,595 | - | -€8,595 | |
| Amounts payable within one year | 42/48 | €39,986 | €12,110 | -€27,877 | -69.7% |
| Current portion of amounts payable after more than one year | 42 | €9,282 | €8,595 | -€686 | -7.4% |
| Trade debts | 44 | €632 | €3,040 | +€2,408 | +381% |
| Suppliers | 440/4 | €632 | €3,040 | +€2,408 | +381% |
| Taxes, remuneration and social security | 45 | €4,146 | €474 | -€3,672 | -88.6% |
| Taxes | 450/3 | €4,146 | €474 | -€3,672 | -88.6% |
| Other amounts payable | 47/48 | €25,927 | - | -€25,927 | |
| Non-recurring operating income | 76A | - | €124 | +€124 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,675 | €17,050 | -€12,625 | -42.5% |
| Other operating charges | 640/8 | €5,360 | €1,094 | -€4,266 | -79.6% |
| Gross operating margin | 9900 | €164,705 | €13,951 | -€150,754 | -91.5% |
| Operating profit (loss) | 9901 | €129,670 | -€4,193 | -€133,863 | |
| Financial income | 75/76B | €4,001 | €4,325 | +€325 | +8.1% |
| Recurring financial income | 75 | €4,001 | €4,325 | +€325 | +8.1% |
| Financial charges | 65/66B | €503 | €582 | +€79 | +15.7% |
| Recurring financial charges | 65 | €503 | €582 | +€79 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €133,167 | -€450 | -€133,617 | |
| Income taxes | 67/77 | €45,368 | €14,213 | -€31,155 | -68.7% |
| Profit (loss) for the period | 9904 | €87,800 | -€14,663 | -€102,462 | |
| Profit (loss) for the period to be appropriated | 9905 | €87,800 | -€14,663 | -€102,462 |
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 19 October 2026 via checked.be.