Dokter Pieternel Vanherpe: what changed
What changed
Dokter Pieternel Vanherpe
filed annual accounts (NBB)
Net result for the year
€107,165
2024 · €121,747-€14,582
Equity
€199,515
2024 · €212,351-€12,835
Cash
€59,951
2024 · €43,080+€16,871
Balance sheet total
€219,032
2024 · €240,439-€21,407
Largest movements
Assets
- Current investments -€30,000
down €30,000 (-27.3%), from €110,000 to €80,000
- Cash +€16,871
up €16,871 (+39.2%), from €43,080 to €59,951
mainly Net result for the year (+€107,165) and Current investments (+€30,000)
- Tangible fixed assets -€11,103
down €11,103 (-46.0%), from €24,150 to €13,046
Equity and liabilities
- Reserves -€10,000
down €10,000 (-4.9%), from €203,500 to €193,500
- Debts after one year -€6,235
down €6,235 (-51.2%), from €12,175 to €5,939
- Other debts -€2,884
down €2,884 (-61.1%), from €4,723 to €1,839
- Profit (loss) carried forward -€2,835
down €2,835 (-73.6%), from €3,851 to €1,015
Income statement
- Financial income -€13,240
down €13,240 (-94.6%), from €14,001 to €761
- Gross operating margin +€4,883
up €4,883 (+3.3%), from €149,887 to €154,771
- Financial charges +€4,223
up €4,223 (+447%), from €945 to €5,168
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€121,747
Gross operating margin
+€4,883
Depreciation
-€755
Other operating charges
-€22
Financial income
-€13,240
Financial charges
-€4,223
Taxes
-€1,225
Result 2025
€107,165
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€112,862
Investment
+€30,000
Financing
-€125,990
Cash 2024
€43,080
From operations (derived)
+€112,862
Net result for the year
+€107,165
Depreciation
+€11,103
Receivables within one year
-€1,250
Deferred charges and accrued income
-€1,575
Trade debts
+€302
Other debts
-€2,884
Investment (derived)
+€30,000
Current investments
+€30,000
Financing
-€125,990
Debts after one year
-€6,235
Current portion of long-term debt
+€245
Contributions, distributions and other
-€120,000
Cash 2025
€59,951
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,439 | €219,032 | -€21,407 | -8.9% |
| Fixed assets | 21/28 | €24,150 | €13,046 | -€11,103 | -46.0% |
| Tangible fixed assets | 22/27 | €24,150 | €13,046 | -€11,103 | -46.0% |
| Furniture and vehicles | 24 | €24,150 | €13,046 | -€11,103 | -46.0% |
| Current assets | 29/58 | €216,289 | €205,985 | -€10,304 | -4.8% |
| Amounts receivable within one year | 40/41 | €7,650 | €8,900 | +€1,250 | +16.3% |
| Other amounts receivable | 41 | €7,650 | €8,900 | +€1,250 | +16.3% |
| Current investments | 50/53 | €110,000 | €80,000 | -€30,000 | -27.3% |
| Cash at bank and in hand | 54/58 | €43,080 | €59,951 | +€16,871 | +39.2% |
| Deferred charges and accrued income | 490/1 | €55,559 | €57,134 | +€1,575 | +2.8% |
| Total equity and liabilities | 10/49 | €240,439 | €219,032 | -€21,407 | -8.9% |
| Equity | 10/15 | €212,351 | €199,515 | -€12,835 | -6.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €203,500 | €193,500 | -€10,000 | -4.9% |
| Distributable reserves | 133 | €203,500 | €193,500 | -€10,000 | -4.9% |
| Profit (loss) carried forward | 14 | €3,851 | €1,015 | -€2,835 | -73.6% |
| Amounts payable | 17/49 | €28,088 | €19,516 | -€8,572 | -30.5% |
| Amounts payable after more than one year | 17 | €12,175 | €5,939 | -€6,235 | -51.2% |
| Financial debts | 170/4 | €12,175 | €5,939 | -€6,235 | -51.2% |
| Amounts payable within one year | 42/48 | €14,413 | €12,077 | -€2,337 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €5,990 | €6,235 | +€245 | +4.1% |
| Trade debts | 44 | €100 | €402 | +€302 | +302% |
| Suppliers | 440/4 | €100 | €402 | +€302 | +302% |
| Taxes, remuneration and social security | 45 | €3,600 | €3,600 | = | 0.0% |
| Taxes | 450/3 | €3,600 | €3,600 | = | 0.0% |
| Other amounts payable | 47/48 | €4,723 | €1,839 | -€2,884 | -61.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,348 | €11,103 | +€755 | +7.3% |
| Other operating charges | 640/8 | €864 | €885 | +€22 | +2.5% |
| Gross operating margin | 9900 | €149,887 | €154,771 | +€4,883 | +3.3% |
| Operating profit (loss) | 9901 | €138,676 | €142,782 | +€4,106 | +3.0% |
| Financial income | 75/76B | €14,001 | €761 | -€13,240 | -94.6% |
| Recurring financial income | 75 | €14,001 | €761 | -€13,240 | -94.6% |
| Financial charges | 65/66B | €945 | €5,168 | +€4,223 | +447% |
| Recurring financial charges | 65 | €945 | €5,168 | +€4,223 | +447% |
| Profit (loss) for the period before taxes | 9903 | €151,732 | €138,375 | -€13,357 | -8.8% |
| Income taxes | 67/77 | €29,985 | €31,211 | +€1,225 | +4.1% |
| Profit (loss) for the period | 9904 | €121,747 | €107,165 | -€14,582 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €121,747 | €107,165 | -€14,582 | -12.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.