Dokter Ruben Cools: 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 Ruben Cools
Largest movements
- Cash -€72,565
down €72,565 (-42.6%), from €170,379 to €97,814
mainly Contributions, distributions and other (-€354,556) and Investment in fixed assets (net) (-€18,790)
- Current investments -€67,962
down €67,962 (-14.3%), from €476,820 to €408,859
- Tangible fixed assets +€14,153
up €14,153 (+3,030%), from €467 to €14,620
of which Furniture and vehicles: +€14,620
- Deferred charges and accrued income -€10,927
down €10,927 (-22.9%), from €47,777 to €36,851
- Reserves -€221,948
down €221,948 (-37.0%), from €600,624 to €378,676
- Other debts +€69,079
up €69,079 (+127%), from €54,528 to €123,607
- Tax, wage and social debts +€13,948
up €13,948 (+56.1%), from €24,877 to €38,825
- Gross operating margin +€5,493
up €5,493 (+3.3%), from €165,977 to €171,470
- Depreciation +€4,133
up €4,133 (+820%), from €504 to €4,637
- Financial income +€3,283
up €3,283 (+18.2%), from €18,071 to €21,354
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 | €701,454 | €559,772 | -€141,682 | -20.2% |
| Fixed assets | 21/28 | €467 | €14,620 | +€14,153 | +3,030% |
| Tangible fixed assets | 22/27 | €467 | €14,620 | +€14,153 | +3,030% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €467 | €0 | -€467 | -100% |
| Furniture and vehicles | 24 | - | €14,620 | +€14,620 | |
| Current assets | 29/58 | €700,987 | €545,151 | -€155,835 | -22.2% |
| Amounts receivable within one year | 40/41 | €6,011 | €1,628 | -€4,383 | -72.9% |
| Trade receivables | 40 | €6,011 | €1,628 | -€4,383 | -72.9% |
| Current investments | 50/53 | €476,820 | €408,859 | -€67,962 | -14.3% |
| Cash at bank and in hand | 54/58 | €170,379 | €97,814 | -€72,565 | -42.6% |
| Deferred charges and accrued income | 490/1 | €47,777 | €36,851 | -€10,927 | -22.9% |
| Total equity and liabilities | 10/49 | €701,454 | €559,772 | -€141,682 | -20.2% |
| Equity | 10/15 | €619,224 | €397,276 | -€221,948 | -35.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €600,624 | €378,676 | -€221,948 | -37.0% |
| Distributable reserves | 133 | €600,624 | €378,676 | -€221,948 | -37.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €82,230 | €162,496 | +€80,266 | +97.6% |
| Amounts payable within one year | 42/48 | €82,056 | €162,432 | +€80,376 | +98.0% |
| Trade debts | 44 | €2,651 | €0 | -€2,651 | -100% |
| Suppliers | 440/4 | €2,651 | €0 | -€2,651 | -100% |
| Taxes, remuneration and social security | 45 | €24,877 | €38,825 | +€13,948 | +56.1% |
| Taxes | 450/3 | €24,877 | €38,825 | +€13,948 | +56.1% |
| Other amounts payable | 47/48 | €54,528 | €123,607 | +€69,079 | +127% |
| Accrued charges and deferred income | 492/3 | €174 | €64 | -€110 | -63.2% |
| Remuneration, social security and pensions | 62 | €1,548 | €2,129 | +€581 | +37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €504 | €4,637 | +€4,133 | +820% |
| Other operating charges | 640/8 | €2,553 | €1,151 | -€1,402 | -54.9% |
| Gross operating margin | 9900 | €165,977 | €171,470 | +€5,493 | +3.3% |
| Operating profit (loss) | 9901 | €161,372 | €163,553 | +€2,181 | +1.4% |
| Financial income | 75/76B | €18,071 | €21,354 | +€3,283 | +18.2% |
| Recurring financial income | 75 | €18,071 | €21,354 | +€3,283 | +18.2% |
| Financial charges | 65/66B | €549 | €297 | -€252 | -45.9% |
| Recurring financial charges | 65 | €549 | €297 | -€252 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €178,894 | €184,610 | +€5,716 | +3.2% |
| Income taxes | 67/77 | €51,911 | €52,002 | +€92 | +0.2% |
| Profit (loss) for the period | 9904 | €126,984 | €132,608 | +€5,624 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €126,984 | €132,608 | +€5,624 | +4.4% |
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 16 October 2026 via checked.be.