Dokter Patrick Verbeke: 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 Verbeke
Largest movements
- Cash +€61,628
up €61,628 (+21.7%), from €284,591 to €346,219
mainly Other debts (+€107,800) and Net result for the year (+€60,712)
- Tangible fixed assets -€4,031
down €4,031 (-16.0%), from €25,259 to €21,228
- Other debts +€107,800
new in 2025: €107,800
- Reserves -€54,383
down €54,383 (-17.6%), from €309,768 to €255,385
- Tax, wage and social debts +€11,500
up €11,500 (+271%), from €4,250 to €15,750
- Trade debts -€5,103
down €5,103 (-81.9%), from €6,229 to €1,126
- Gross operating margin +€6,408
up €6,408 (+7.4%), from €86,373 to €92,781
- Taxes +€1,729
up €1,729 (+6.5%), from €26,554 to €28,283
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 | €326,452 | €386,267 | +€59,815 | +18.3% |
| Fixed assets | 21/28 | €25,259 | €21,228 | -€4,031 | -16.0% |
| Tangible fixed assets | 22/27 | €25,259 | €21,228 | -€4,031 | -16.0% |
| Other tangible fixed assets | 26 | €25,259 | €21,228 | -€4,031 | -16.0% |
| Current assets | 29/58 | €301,193 | €365,039 | +€63,846 | +21.2% |
| Amounts receivable within one year | 40/41 | €9,158 | €11,376 | +€2,218 | +24.2% |
| Trade receivables | 40 | €8,979 | €9,543 | +€564 | +6.3% |
| Other amounts receivable | 41 | €179 | €1,833 | +€1,654 | +922% |
| Current investments | 50/53 | €7,344 | €7,344 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €284,591 | €346,219 | +€61,628 | +21.7% |
| Deferred charges and accrued income | 490/1 | €100 | €100 | = | 0.0% |
| Total equity and liabilities | 10/49 | €326,452 | €386,267 | +€59,815 | +18.3% |
| Equity | 10/15 | €315,973 | €261,591 | -€54,383 | -17.2% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €309,768 | €255,385 | -€54,383 | -17.6% |
| Distributable reserves | 133 | €309,768 | €255,385 | -€54,383 | -17.6% |
| Amounts payable | 17/49 | €10,479 | €124,676 | +€114,197 | +1,090% |
| Amounts payable within one year | 42/48 | €10,479 | €124,676 | +€114,197 | +1,090% |
| Trade debts | 44 | €6,229 | €1,126 | -€5,103 | -81.9% |
| Suppliers | 440/4 | €6,229 | €1,126 | -€5,103 | -81.9% |
| Taxes, remuneration and social security | 45 | €4,250 | €15,750 | +€11,500 | +271% |
| Taxes | 450/3 | €4,250 | €15,750 | +€11,500 | +271% |
| Other amounts payable | 47/48 | - | €107,800 | +€107,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,346 | €4,031 | -€314 | -7.2% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €86,373 | €92,781 | +€6,408 | +7.4% |
| Operating profit (loss) | 9901 | €81,514 | €88,222 | +€6,708 | +8.2% |
| Financial income | 75/76B | €1,492 | €943 | -€548 | -36.8% |
| Recurring financial income | 75 | €1,492 | €943 | -€548 | -36.8% |
| Financial charges | 65/66B | €174 | €170 | -€4 | -2.3% |
| Recurring financial charges | 65 | €174 | €170 | -€4 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €82,832 | €88,995 | +€6,163 | +7.4% |
| Income taxes | 67/77 | €26,554 | €28,283 | +€1,729 | +6.5% |
| Profit (loss) for the period | 9904 | €56,278 | €60,712 | +€4,434 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,278 | €60,712 | +€4,434 | +7.9% |
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 22 October 2026 via checked.be.