DOKTER PHILIPPE ODEURS: 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 PHILIPPE ODEURS
Largest movements
- Cash +€45,242
up €45,242 (+13.6%), from €332,573 to €377,815
mainly Net result for the year (+€109,167) and Accrued charges and deferred income (+€1,000)
- Current investments +€32,500
new in 2025: €32,500
- Receivables within one year +€21,958
up €21,958 (+124%), from €17,686 to €39,644
- Reserves +€108,308
up €108,308 (+31.4%), from €344,835 to €453,143
- Tax, wage and social debts -€9,264
no longer reported in 2025 (was €9,264)
- Gross operating margin +€14,107
up €14,107 (+11.2%), from €125,722 to €139,829
- Taxes -€4,943
down €4,943 (-13.7%), from €36,099 to €31,156
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 | €354,943 | €454,643 | +€99,700 | +28.1% |
| Fixed assets | 21/28 | €4,684 | €4,684 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,684 | €4,684 | = | 0.0% |
| Other tangible fixed assets | 26 | €4,684 | €4,684 | = | 0.0% |
| Current assets | 29/58 | €350,259 | €449,959 | +€99,700 | +28.5% |
| Amounts receivable within one year | 40/41 | €17,686 | €39,644 | +€21,958 | +124% |
| Other amounts receivable | 41 | €17,686 | €39,644 | +€21,958 | +124% |
| Current investments | 50/53 | - | €32,500 | +€32,500 | |
| Cash at bank and in hand | 54/58 | €332,573 | €377,815 | +€45,242 | +13.6% |
| Total equity and liabilities | 10/49 | €354,943 | €454,643 | +€99,700 | +28.1% |
| Equity | 10/15 | €345,335 | €453,643 | +€108,308 | +31.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Contributions outside capital | 11 | - | €500 | +€500 | |
| Other | 1109/19 | - | €500 | +€500 | |
| Reserves | 13 | €344,835 | €453,143 | +€108,308 | +31.4% |
| Distributable reserves | 133 | €344,835 | €453,143 | +€108,308 | +31.4% |
| Amounts payable | 17/49 | €9,608 | €1,000 | -€8,608 | -89.6% |
| Amounts payable within one year | 42/48 | €9,608 | - | -€9,608 | |
| Trade debts | 44 | €344 | - | -€344 | |
| Suppliers | 440/4 | €344 | - | -€344 | |
| Taxes, remuneration and social security | 45 | €9,264 | - | -€9,264 | |
| Taxes | 450/3 | €9,264 | - | -€9,264 | |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €293 | - | -€293 | |
| Other operating charges | 640/8 | €678 | €585 | -€93 | -13.7% |
| Gross operating margin | 9900 | €125,722 | €139,829 | +€14,107 | +11.2% |
| Operating profit (loss) | 9901 | €124,750 | €139,244 | +€14,494 | +11.6% |
| Financial income | 75/76B | €96 | €1,294 | +€1,198 | +1,253% |
| Recurring financial income | 75 | €96 | €1,294 | +€1,198 | +1,253% |
| Financial charges | 65/66B | €253 | €215 | -€38 | -15.1% |
| Recurring financial charges | 65 | €253 | €215 | -€38 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €124,593 | €140,323 | +€15,730 | +12.6% |
| Income taxes | 67/77 | €36,099 | €31,156 | -€4,943 | -13.7% |
| Profit (loss) for the period | 9904 | €88,493 | €109,167 | +€20,673 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €88,493 | €109,167 | +€20,673 | +23.4% |
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 17 October 2026 via checked.be.