Dokter Peter Coetsier: 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 Peter Coetsier
Largest movements
- Tangible fixed assets -€28,183
down €28,183 (-25.6%), from €110,015 to €81,832
of which Furniture and vehicles: -€22,339
- Cash -€22,296
down €22,296 (-5.3%), from €422,433 to €400,137
mainly Contributions, distributions and other (-€185,750) and Debts after one year (-€26,692)
- Receivables within one year +€19,818
up €19,818 (+247%), from €8,028 to €27,846
- Debts after one year -€26,692
down €26,692 (-62.5%), from €42,727 to €16,036
- Current portion of long-term debt -€6,424
down €6,424 (-19.4%), from €33,116 to €26,692
- Tax, wage and social debts +€6,222
up €6,222 (+118%), from €5,253 to €11,475
of which Taxes: +€6,313
- Gross operating margin +€13,054
up €13,054 (+4.6%), from €283,952 to €297,006
- Depreciation +€12,375
up €12,375 (+60.7%), from €20,397 to €32,772
- Taxes +€4,024
up €4,024 (+7.0%), from €57,416 to €61,440
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 | €543,703 | €514,379 | -€29,323 | -5.4% |
| Fixed assets | 21/28 | €112,115 | €83,932 | -€28,183 | -25.1% |
| Tangible fixed assets | 22/27 | €110,015 | €81,832 | -€28,183 | -25.6% |
| Land and buildings | 22 | €17,773 | €15,774 | -€1,999 | -11.2% |
| Plant, machinery and equipment | 23 | €25,051 | €21,206 | -€3,845 | -15.4% |
| Furniture and vehicles | 24 | €67,191 | €44,852 | -€22,339 | -33.2% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €431,588 | €430,447 | -€1,141 | -0.3% |
| Amounts receivable within one year | 40/41 | €8,028 | €27,846 | +€19,818 | +247% |
| Other amounts receivable | 41 | €8,028 | €27,846 | +€19,818 | +247% |
| Cash at bank and in hand | 54/58 | €422,433 | €400,137 | -€22,296 | -5.3% |
| Deferred charges and accrued income | 490/1 | €1,126 | €2,464 | +€1,337 | +119% |
| Total equity and liabilities | 10/49 | €543,703 | €514,379 | -€29,323 | -5.4% |
| Equity | 10/15 | €460,969 | €456,299 | -€4,670 | -1.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €455,969 | €451,299 | -€4,670 | -1.0% |
| Distributable reserves | 133 | €455,969 | €451,299 | -€4,670 | -1.0% |
| Amounts payable | 17/49 | €82,734 | €58,080 | -€24,653 | -29.8% |
| Amounts payable after more than one year | 17 | €42,727 | €16,036 | -€26,692 | -62.5% |
| Financial debts | 170/4 | €42,727 | €16,036 | -€26,692 | -62.5% |
| Amounts payable within one year | 42/48 | €40,006 | €42,045 | +€2,038 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €33,116 | €26,692 | -€6,424 | -19.4% |
| Trade debts | 44 | €1,638 | €3,878 | +€2,240 | +137% |
| Suppliers | 440/4 | €1,638 | €3,878 | +€2,240 | +137% |
| Taxes, remuneration and social security | 45 | €5,253 | €11,475 | +€6,222 | +118% |
| Taxes | 450/3 | €1,575 | €7,888 | +€6,313 | +401% |
| Remuneration and social security | 454/9 | €3,678 | €3,587 | -€91 | -2.5% |
| Non-recurring operating income | 76A | €1,146 | - | -€1,146 | |
| Remuneration, social security and pensions | 62 | €18,422 | €18,926 | +€504 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,397 | €32,772 | +€12,375 | +60.7% |
| Other operating charges | 640/8 | €251 | €254 | +€4 | +1.4% |
| Gross operating margin | 9900 | €283,952 | €297,006 | +€13,054 | +4.6% |
| Operating profit (loss) | 9901 | €244,882 | €245,052 | +€171 | +0.1% |
| Financial charges | 65/66B | €1,720 | €2,533 | +€813 | +47.3% |
| Recurring financial charges | 65 | €1,720 | €2,533 | +€813 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €243,162 | €242,520 | -€642 | -0.3% |
| Income taxes | 67/77 | €57,416 | €61,440 | +€4,024 | +7.0% |
| Profit (loss) for the period | 9904 | €185,746 | €181,080 | -€4,666 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €185,746 | €181,080 | -€4,666 | -2.5% |
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 20 October 2026 via checked.be.