DOKTER VANTIEGHEM GREET: 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 VANTIEGHEM GREET
Largest movements
- Current investments +€101,797
up €101,797 (+15.3%), from €663,801 to €765,598
- Cash +€87,635
up €87,635 (+80.2%), from €109,229 to €196,864
mainly Net result for the year (+€214,993) and Other debts (+€77,159)
- Reserves +€89,133
up €89,133 (+14.2%), from €627,663 to €716,796
of which Distributable reserves: +€47,033
- Other debts +€77,159
up €77,159 (+158%), from €48,702 to €125,860
- Tax, wage and social debts +€21,090
up €21,090 (+212%), from €9,958 to €31,048
- Gross operating margin +€90,173
up €90,173 (+41.8%), from €215,973 to €306,145
- Taxes +€28,808
up €28,808 (+43.6%), from €66,126 to €94,934
- Financial income -€7,044
down €7,044 (-46.0%), from €15,307 to €8,262
of which Non-recurring financial income: -€9,102
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 | €789,720 | €977,632 | +€187,911 | +23.8% |
| Fixed assets | 21/28 | €976 | €1,446 | +€471 | +48.2% |
| Tangible fixed assets | 22/27 | €976 | €1,446 | +€471 | +48.2% |
| Plant, machinery and equipment | 23 | €839 | €1,446 | +€608 | +72.5% |
| Furniture and vehicles | 24 | €137 | - | -€137 | |
| Current assets | 29/58 | €788,745 | €976,185 | +€187,440 | +23.8% |
| Amounts receivable within one year | 40/41 | €9,716 | €10,515 | +€799 | +8.2% |
| Other amounts receivable | 41 | €9,716 | €10,515 | +€799 | +8.2% |
| Current investments | 50/53 | €663,801 | €765,598 | +€101,797 | +15.3% |
| Cash at bank and in hand | 54/58 | €109,229 | €196,864 | +€87,635 | +80.2% |
| Deferred charges and accrued income | 490/1 | €5,998 | €3,207 | -€2,791 | -46.5% |
| Total equity and liabilities | 10/49 | €789,720 | €977,632 | +€187,911 | +23.8% |
| Equity | 10/15 | €730,169 | €819,302 | +€89,133 | +12.2% |
| Contributions | 10/11 | €102,507 | €102,507 | = | 0.0% |
| Reserves | 13 | €627,663 | €716,796 | +€89,133 | +14.2% |
| Non-distributable reserves | 130/1 | €10,251 | €10,251 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,251 | €10,251 | = | 0.0% |
| Tax-exempt reserves | 132 | €111,565 | €153,665 | +€42,100 | +37.7% |
| Distributable reserves | 133 | €505,847 | €552,880 | +€47,033 | +9.3% |
| Amounts payable | 17/49 | €59,551 | €158,329 | +€98,778 | +166% |
| Amounts payable within one year | 42/48 | €59,551 | €158,329 | +€98,778 | +166% |
| Trade debts | 44 | €891 | €1,421 | +€529 | +59.4% |
| Suppliers | 440/4 | €891 | €1,421 | +€529 | +59.4% |
| Taxes, remuneration and social security | 45 | €9,958 | €31,048 | +€21,090 | +212% |
| Taxes | 450/3 | €9,958 | €31,048 | +€21,090 | +212% |
| Other amounts payable | 47/48 | €48,702 | €125,860 | +€77,159 | +158% |
| Non-recurring operating income | 76A | - | €6,336 | +€6,336 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,153 | €783 | -€370 | -32.1% |
| Other operating charges | 640/8 | €1,214 | €1,003 | -€211 | -17.4% |
| Gross operating margin | 9900 | €215,973 | €306,145 | +€90,173 | +41.8% |
| Operating profit (loss) | 9901 | €213,605 | €304,360 | +€90,754 | +42.5% |
| Financial income | 75/76B | €15,307 | €8,262 | -€7,044 | -46.0% |
| Recurring financial income | 75 | €6,204 | €8,262 | +€2,058 | +33.2% |
| Non-recurring financial income | 76B | €9,102 | - | -€9,102 | |
| Financial charges | 65/66B | €1,368 | €2,695 | +€1,327 | +97.0% |
| Recurring financial charges | 65 | €1,368 | €2,695 | +€1,327 | +97.0% |
| Profit (loss) for the period before taxes | 9903 | €227,544 | €309,927 | +€82,383 | +36.2% |
| Income taxes | 67/77 | €66,126 | €94,934 | +€28,808 | +43.6% |
| Profit (loss) for the period | 9904 | €161,418 | €214,993 | +€53,575 | +33.2% |
| Transfer from tax-exempt reserves | 789 | - | €42,100 | +€42,100 | |
| Transfer to tax-exempt reserves | 689 | €69,465 | €84,200 | +€14,735 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €91,953 | €172,893 | +€80,940 | +88.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.