DOKTER VERLINDE: 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 VERLINDE
Largest movements
- Current investments -€234,000
down €234,000 (-43.1%), from €543,551 to €309,551
- Tangible fixed assets -€73,314
down €73,314 (-42.4%), from €172,893 to €99,579
of which Land and buildings: -€72,318
- Cash -€46,182
down €46,182 (-22.7%), from €203,562 to €157,380
mainly Debts after one year (-€371,750) and Contributions, distributions and other (-€62,879)
- Debts after one year -€371,750
down €371,750 (-88.2%), from €421,347 to €49,597
- Reserves +€16,966
up €16,966 (+3.6%), from €473,060 to €490,026
of which Distributable reserves: +€16,966
- Gross operating margin -€34,674
down €34,674 (-19.5%), from €177,574 to €142,900
- Financial income +€29,195
up €29,195 (+881%), from €3,315 to €32,510
- Depreciation -€4,529
down €4,529 (-8.9%), from €50,830 to €46,300
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 | €931,601 | €577,621 | -€353,980 | -38.0% |
| Fixed assets | 21/28 | €172,893 | €99,579 | -€73,314 | -42.4% |
| Tangible fixed assets | 22/27 | €172,893 | €99,579 | -€73,314 | -42.4% |
| Land and buildings | 22 | €171,896 | €99,579 | -€72,318 | -42.1% |
| Plant, machinery and equipment | 23 | €996 | €0 | -€996 | -100% |
| Current assets | 29/58 | €758,709 | €478,043 | -€280,666 | -37.0% |
| Amounts receivable within one year | 40/41 | €10,426 | €11,112 | +€686 | +6.6% |
| Other amounts receivable | 41 | €10,426 | €11,112 | +€686 | +6.6% |
| Current investments | 50/53 | €543,551 | €309,551 | -€234,000 | -43.1% |
| Cash at bank and in hand | 54/58 | €203,562 | €157,380 | -€46,182 | -22.7% |
| Deferred charges and accrued income | 490/1 | €1,170 | €0 | -€1,170 | -100% |
| Total equity and liabilities | 10/49 | €931,601 | €577,621 | -€353,980 | -38.0% |
| Equity | 10/15 | €473,060 | €490,026 | +€16,966 | +3.6% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €473,060 | €490,026 | +€16,966 | +3.6% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €454,310 | €471,276 | +€16,966 | +3.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €458,542 | €87,595 | -€370,946 | -80.9% |
| Amounts payable after more than one year | 17 | €421,347 | €49,597 | -€371,750 | -88.2% |
| Financial debts | 170/4 | €421,347 | €49,597 | -€371,750 | -88.2% |
| Amounts payable within one year | 42/48 | €35,694 | €36,498 | +€804 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €11,400 | €11,750 | +€350 | +3.1% |
| Trade debts | 44 | €1,684 | €153 | -€1,531 | -90.9% |
| Suppliers | 440/4 | €1,684 | €153 | -€1,531 | -90.9% |
| Taxes, remuneration and social security | 45 | €386 | €0 | -€386 | -100% |
| Taxes | 450/3 | €386 | €0 | -€386 | -100% |
| Other amounts payable | 47/48 | €22,224 | €24,595 | +€2,371 | +10.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,830 | €46,300 | -€4,529 | -8.9% |
| Other operating charges | 640/8 | €5,037 | €5,193 | +€157 | +3.1% |
| Gross operating margin | 9900 | €177,574 | €142,900 | -€34,674 | -19.5% |
| Operating profit (loss) | 9901 | €121,708 | €91,407 | -€30,301 | -24.9% |
| Financial income | 75/76B | €3,315 | €32,510 | +€29,195 | +881% |
| Recurring financial income | 75 | €3,315 | €32,510 | +€29,195 | +881% |
| Financial charges | 65/66B | €14,508 | €13,146 | -€1,362 | -9.4% |
| Recurring financial charges | 65 | €14,508 | €13,146 | -€1,362 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €110,515 | €110,771 | +€256 | +0.2% |
| Income taxes | 67/77 | €30,661 | €30,926 | +€265 | +0.9% |
| Profit (loss) for the period | 9904 | €79,854 | €79,845 | -€9 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €79,854 | €79,845 | -€9 | 0.0% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.