Dokter Thomas Wetzels: what changed
Dokter Thomas Wetzels
Largest movements
- Cash +€49,742
up €49,742 (+36.9%), from €134,647 to €184,389
mainly Net result for the year (+€178,105) and Depreciation (+€16,624)
- Current investments +€23,366
up €23,366 (+70.8%), from €33,000 to €56,366
- Receivables within one year +€22,944
up €22,944 (+138%), from €16,660 to €39,604
of which Other amounts receivable: +€22,799
- Tangible fixed assets -€16,624
down €16,624 (-36.0%), from €46,211 to €29,587
of which Furniture and vehicles: -€14,411
- Reserves +€48,105
up €48,105 (+37.8%), from €127,146 to €175,252
- Other debts +€16,133
up €16,133 (+16.6%), from €97,380 to €113,513
- Tax, wage and social debts +€11,161
up €11,161 (+484%), from €2,308 to €13,469
- Gross operating margin +€64,275
up €64,275 (+33.8%), from €189,951 to €254,227
- Taxes +€15,359
up €15,359 (+39.7%), from €38,649 to €54,008
- Other operating charges +€3,266
up €3,266 (+843%), from €387 to €3,654
- Financial charges +€2,984
up €2,984 (+6,597%), from €45 to €3,029
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €234,221 | €312,222 | +€78,001 | +33.3% |
| Fixed assets | 21/28 | €46,211 | €29,587 | -€16,624 | -36.0% |
| Tangible fixed assets | 22/27 | €46,211 | €29,587 | -€16,624 | -36.0% |
| Plant, machinery and equipment | 23 | €8,726 | €6,514 | -€2,213 | -25.4% |
| Furniture and vehicles | 24 | €37,484 | €23,073 | -€14,411 | -38.4% |
| Current assets | 29/58 | €188,010 | €282,635 | +€94,625 | +50.3% |
| Amounts receivable within one year | 40/41 | €16,660 | €39,604 | +€22,944 | +138% |
| Trade receivables | 40 | - | €145 | +€145 | |
| Other amounts receivable | 41 | €16,660 | €39,459 | +€22,799 | +137% |
| Current investments | 50/53 | €33,000 | €56,366 | +€23,366 | +70.8% |
| Cash at bank and in hand | 54/58 | €134,647 | €184,389 | +€49,742 | +36.9% |
| Deferred charges and accrued income | 490/1 | €3,703 | €2,277 | -€1,426 | -38.5% |
| Total equity and liabilities | 10/49 | €234,221 | €312,222 | +€78,001 | +33.3% |
| Equity | 10/15 | €133,146 | €181,252 | +€48,105 | +36.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €127,146 | €175,252 | +€48,105 | +37.8% |
| Distributable reserves | 133 | €127,146 | €175,252 | +€48,105 | +37.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €101,074 | €130,970 | +€29,896 | +29.6% |
| Amounts payable within one year | 42/48 | €100,075 | €127,110 | +€27,035 | +27.0% |
| Trade debts | 44 | €387 | €128 | -€259 | -67.0% |
| Suppliers | 440/4 | €387 | €128 | -€259 | -67.0% |
| Taxes, remuneration and social security | 45 | €2,308 | €13,469 | +€11,161 | +484% |
| Taxes | 450/3 | €2,308 | €13,469 | +€11,161 | +484% |
| Other amounts payable | 47/48 | €97,380 | €113,513 | +€16,133 | +16.6% |
| Accrued charges and deferred income | 492/3 | €999 | €3,860 | +€2,861 | +286% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,950 | €16,624 | +€673 | +4.2% |
| Other operating charges | 640/8 | €387 | €3,654 | +€3,266 | +843% |
| Gross operating margin | 9900 | €189,951 | €254,227 | +€64,275 | +33.8% |
| Operating profit (loss) | 9901 | €173,614 | €233,949 | +€60,336 | +34.8% |
| Financial income | 75/76B | €527 | €1,193 | +€666 | +126% |
| Recurring financial income | 75 | €527 | €1,193 | +€666 | +126% |
| Financial charges | 65/66B | €45 | €3,029 | +€2,984 | +6,597% |
| Recurring financial charges | 65 | €45 | €3,029 | +€2,984 | +6,597% |
| Profit (loss) for the period before taxes | 9903 | €174,096 | €232,113 | +€58,017 | +33.3% |
| Income taxes | 67/77 | €38,649 | €54,008 | +€15,359 | +39.7% |
| Profit (loss) for the period | 9904 | €135,447 | €178,105 | +€42,659 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €135,447 | €178,105 | +€42,659 | +31.5% |
Next steps
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 4 November 2026 via checked.be.