DOKTER PUYLAERT PATRICK: 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 PUYLAERT PATRICK
Largest movements
- Current investments +€62,734
up €62,734 (+19.6%), from €320,499 to €383,233
- Cash -€23,563
down €23,563 (-3.4%), from €697,952 to €674,388
mainly Contributions, distributions and other (-€220,000) and Current investments (-€62,734)
- Tangible fixed assets -€21,445
down €21,445 (-16.0%), from €134,247 to €112,802
of which Furniture and vehicles: -€12,479
- Tax, wage and social debts +€17,525
up €17,525, from €0 to €17,525
- Gross operating margin +€63,482
up €63,482 (+20.8%), from €305,272 to €368,754
- Financial income -€46,347
down €46,347 (-79.4%), from €58,343 to €11,997
- Taxes +€13,031
up €13,031 (+15.1%), from €86,440 to €99,471
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.
Cash bridge derived
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 | €1,219,833 | €1,245,451 | +€25,618 | +2.1% |
| Fixed assets | 21/28 | €134,293 | €112,848 | -€21,445 | -16.0% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €134,247 | €112,802 | -€21,445 | -16.0% |
| Land and buildings | 22 | €81,916 | €72,375 | -€9,541 | -11.6% |
| Plant, machinery and equipment | 23 | €3,270 | €3,845 | +€575 | +17.6% |
| Furniture and vehicles | 24 | €49,061 | €36,582 | -€12,479 | -25.4% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €1,085,540 | €1,132,603 | +€47,063 | +4.3% |
| Amounts receivable within one year | 40/41 | €61,518 | €57,686 | -€3,833 | -6.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €61,518 | €57,686 | -€3,833 | -6.2% |
| Current investments | 50/53 | €320,499 | €383,233 | +€62,734 | +19.6% |
| Cash at bank and in hand | 54/58 | €697,952 | €674,388 | -€23,563 | -3.4% |
| Deferred charges and accrued income | 490/1 | €5,571 | €17,296 | +€11,725 | +210.5% |
| Total equity and liabilities | 10/49 | €1,219,833 | €1,245,451 | +€25,618 | +2.1% |
| Equity | 10/15 | €1,208,114 | €1,213,880 | +€5,766 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,189,514 | €1,195,280 | +€5,766 | +0.5% |
| Distributable reserves | 133 | €1,189,514 | €1,195,280 | +€5,766 | +0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,719 | €31,571 | +€19,852 | +169.4% |
| Amounts payable within one year | 42/48 | €11,564 | €31,416 | +€19,852 | +171.7% |
| Trade debts | 44 | €11,564 | €13,891 | +€2,328 | +20.1% |
| Suppliers | 440/4 | €11,564 | €13,891 | +€2,328 | +20.1% |
| Taxes, remuneration and social security | 45 | €0 | €17,525 | +€17,525 | |
| Taxes | 450/3 | €0 | €17,525 | +€17,525 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €156 | €156 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €23,177 | €25,459 | +€2,283 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,602 | €26,577 | -€25 | -0.1% |
| Other operating charges | 640/8 | €2,057 | €2,227 | +€169 | +8.2% |
| Non-recurring operating charges | 66A | €52 | €30 | -€22 | -42.4% |
| Gross operating margin | 9900 | €305,272 | €368,754 | +€63,482 | +20.8% |
| Operating profit (loss) | 9901 | €253,384 | €314,461 | +€61,077 | +24.1% |
| Financial income | 75/76B | €58,343 | €11,997 | -€46,347 | -79.4% |
| Recurring financial income | 75 | €58,343 | €11,997 | -€46,347 | -79.4% |
| Financial charges | 65/66B | €1,169 | €1,221 | +€52 | +4.4% |
| Recurring financial charges | 65 | €1,169 | €1,221 | +€52 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €310,559 | €325,237 | +€14,679 | +4.7% |
| Income taxes | 67/77 | €86,440 | €99,471 | +€13,031 | +15.1% |
| Profit (loss) for the period | 9904 | €224,118 | €225,766 | +€1,648 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €224,118 | €225,766 | +€1,648 | +0.7% |
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 11 October 2026 via checked.be.