DOKTER THOMAS DEKEYSER: 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 THOMAS DEKEYSER
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€13,835
up €13,835 (+36.2%), from €38,255 to €52,089
mainly Current investments (+€100,000) and Net result for the year (+€75,147)
- Tangible fixed assets -€11,038
down €11,038 (-42.0%), from €26,298 to €15,260
- Receivables within one year +€4,262
up €4,262 (+68.4%), from €6,232 to €10,495
of which Other amounts receivable: +€3,957
- Reserves -€166,260
no longer reported in 2025 (was €166,260)
- Profit (loss) carried forward +€75,147
new in 2025: €75,147
- Other debts -€2,472
down €2,472 (-58.2%), from €4,251 to €1,778
- Gross operating margin +€27,070
up €27,070 (+36.8%), from €73,597 to €100,667
- Taxes +€6,009
up €6,009 (+43.2%), from €13,899 to €19,908
- Financial income +€2,227
up €2,227 (+204%), from €1,091 to €3,317
of which Financial income: +€2,120
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 | €177,378 | €82,587 | -€94,791 | -53.4% |
| Fixed assets | 21/28 | €29,165 | €17,004 | -€12,160 | -41.7% |
| Intangible fixed assets | 21 | €2,867 | €1,744 | -€1,122 | -39.2% |
| Tangible fixed assets | 22/27 | €26,298 | €15,260 | -€11,038 | -42.0% |
| Plant, machinery and equipment | 23 | €4,956 | €196 | -€4,760 | -96.0% |
| Furniture and vehicles | 24 | €4,973 | €2,279 | -€2,695 | -54.2% |
| Other tangible fixed assets | 26 | €16,369 | €12,786 | -€3,583 | -21.9% |
| Current assets | 29/58 | €148,213 | €65,583 | -€82,631 | -55.8% |
| Amounts receivable within one year | 40/41 | €6,232 | €10,495 | +€4,262 | +68.4% |
| Trade receivables | 40 | €302 | €607 | +€305 | +101% |
| Other amounts receivable | 41 | €5,930 | €9,888 | +€3,957 | +66.7% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €38,255 | €52,089 | +€13,835 | +36.2% |
| Deferred charges and accrued income | 490/1 | €3,726 | €2,999 | -€727 | -19.5% |
| Total equity and liabilities | 10/49 | €177,378 | €82,587 | -€94,791 | -53.4% |
| Equity | 10/15 | €169,260 | €78,147 | -€91,113 | -53.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €166,260 | - | -€166,260 | |
| Distributable reserves | 133 | €166,260 | - | -€166,260 | |
| Profit (loss) carried forward | 14 | - | €75,147 | +€75,147 | |
| Amounts payable | 17/49 | €8,118 | €4,440 | -€3,678 | -45.3% |
| Amounts payable within one year | 42/48 | €8,118 | €4,440 | -€3,678 | -45.3% |
| Trade debts | 44 | €731 | €704 | -€27 | -3.7% |
| Suppliers | 440/4 | €731 | €704 | -€27 | -3.7% |
| Taxes, remuneration and social security | 45 | €3,136 | €1,958 | -€1,178 | -37.6% |
| Taxes | 450/3 | €3,136 | €1,958 | -€1,178 | -37.6% |
| Other amounts payable | 47/48 | €4,251 | €1,778 | -€2,472 | -58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,618 | €7,767 | -€852 | -9.9% |
| Other operating charges | 640/8 | €989 | €1,075 | +€87 | +8.8% |
| Gross operating margin | 9900 | €73,597 | €100,667 | +€27,070 | +36.8% |
| Operating profit (loss) | 9901 | €63,990 | €91,825 | +€27,835 | +43.5% |
| Financial income | 75/76B | €1,091 | €3,317 | +€2,227 | +204% |
| Recurring financial income | 75 | €1,091 | €3,211 | +€2,120 | +194% |
| Non-recurring financial income | 76B | - | €106 | +€106 | |
| Financial charges | 65/66B | €68 | €87 | +€19 | +27.6% |
| Recurring financial charges | 65 | €68 | €87 | +€19 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €65,012 | €95,055 | +€30,043 | +46.2% |
| Income taxes | 67/77 | €13,899 | €19,908 | +€6,009 | +43.2% |
| Profit (loss) for the period | 9904 | €51,113 | €75,147 | +€24,034 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,113 | €75,147 | +€24,034 | +47.0% |
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 30 October 2026 via checked.be.