DOKTER PATRICK VANDEPUT: 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 VANDEPUT
Largest movements
- Cash +€47,166
up €47,166 (+64.2%), from €73,517 to €120,683
mainly Net result for the year (+€55,685) and Trade debts (+€31,690)
- Receivables after one year +€32,000
new in 2025: €32,000
- Receivables within one year -€12,500
no longer reported in 2025 (was €12,500)
- Tangible fixed assets +€5,123
up €5,123 (+46.9%), from €10,933 to €16,056
of which Other tangible fixed assets: +€8,509
- Trade debts +€31,690
up €31,690 (+4,683%), from €677 to €32,367
- Profit (loss) carried forward +€30,713
no longer reported in 2025 (was -€30,713)
- Reserves +€24,972
up €24,972 (+16.5%), from €151,614 to €176,587
- Current portion of long-term debt -€15,789
no longer reported in 2025 (was €15,789)
- Gross operating margin +€108,253
up €108,253, from -€4,157 to €104,096
- Taxes +€21,375
up €21,375 (+4,811%), from €444 to €21,819
- Financial income +€3,198
up €3,198 (+631%), from €507 to €3,705
- Other operating charges +€1,379
up €1,379 (+76.2%), from €1,809 to €3,187
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 | €179,083 | €250,749 | +€71,666 | +40.0% |
| Fixed assets | 21/28 | €11,058 | €16,056 | +€4,998 | +45.2% |
| Tangible fixed assets | 22/27 | €10,933 | €16,056 | +€5,123 | +46.9% |
| Plant, machinery and equipment | 23 | €511 | €102 | -€409 | -80.0% |
| Furniture and vehicles | 24 | €4,620 | €1,643 | -€2,977 | -64.4% |
| Other tangible fixed assets | 26 | €5,802 | €14,311 | +€8,509 | +147% |
| Financial fixed assets | 28 | €125 | - | -€125 | |
| Current assets | 29/58 | €168,024 | €234,693 | +€66,668 | +39.7% |
| Amounts receivable after more than one year | 29 | - | €32,000 | +€32,000 | |
| Other amounts receivable | 291 | - | €32,000 | +€32,000 | |
| Amounts receivable within one year | 40/41 | €12,500 | - | -€12,500 | |
| Other amounts receivable | 41 | €12,500 | - | -€12,500 | |
| Current investments | 50/53 | €81,945 | €81,945 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,517 | €120,683 | +€47,166 | +64.2% |
| Deferred charges and accrued income | 490/1 | €62 | €65 | +€2 | +3.9% |
| Total equity and liabilities | 10/49 | €179,083 | €250,749 | +€71,666 | +40.0% |
| Equity | 10/15 | €139,501 | €195,187 | +€55,685 | +39.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,614 | €176,587 | +€24,972 | +16.5% |
| Distributable reserves | 133 | €151,614 | €176,587 | +€24,972 | +16.5% |
| Profit (loss) carried forward | 14 | -€30,713 | - | +€30,713 | |
| Amounts payable | 17/49 | €39,581 | €55,562 | +€15,981 | +40.4% |
| Amounts payable within one year | 42/48 | €39,581 | €55,562 | +€15,981 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €15,789 | - | -€15,789 | |
| Trade debts | 44 | €677 | €32,367 | +€31,690 | +4,683% |
| Suppliers | 440/4 | €677 | €32,367 | +€31,690 | +4,683% |
| Taxes, remuneration and social security | 45 | €22,773 | €22,976 | +€203 | +0.9% |
| Taxes | 450/3 | €16,748 | €16,772 | +€24 | +0.1% |
| Remuneration and social security | 454/9 | €6,024 | €6,203 | +€179 | +3.0% |
| Other amounts payable | 47/48 | €343 | €220 | -€123 | -35.9% |
| Remuneration, social security and pensions | 62 | €18,263 | €19,237 | +€974 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,013 | €7,050 | +€1,037 | +17.3% |
| Other operating charges | 640/8 | €1,809 | €3,187 | +€1,379 | +76.2% |
| Gross operating margin | 9900 | -€4,157 | €104,096 | +€108,253 | |
| Operating profit (loss) | 9901 | -€30,241 | €74,621 | +€104,863 | |
| Financial income | 75/76B | €507 | €3,705 | +€3,198 | +631% |
| Recurring financial income | 75 | €507 | €3,705 | +€3,198 | +631% |
| Financial charges | 65/66B | €534 | €822 | +€288 | +53.9% |
| Recurring financial charges | 65 | €534 | €822 | +€288 | +53.9% |
| Profit (loss) for the period before taxes | 9903 | -€30,269 | €77,504 | +€107,773 | |
| Income taxes | 67/77 | €444 | €21,819 | +€21,375 | +4,811% |
| Profit (loss) for the period | 9904 | -€30,713 | €55,685 | +€86,399 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,713 | €55,685 | +€86,399 |
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.