DOKTER VERLINDEN: 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 VERLINDEN
Largest movements
- Current investments +€30,000
up €30,000 (+14.2%), from €210,923 to €240,923
- Cash +€20,482
up €20,482 (+10.5%), from €195,627 to €216,109
mainly Net result for the year (+€74,778) and Tax, wage and social debts (+€9,258)
- Receivables within one year +€9,665
up €9,665 (+24.1%), from €40,109 to €49,773
- Tangible fixed assets -€6,897
down €6,897 (-18.1%), from €38,144 to €31,247
of which Land and buildings: -€5,739
- Reserves +€74,778
up €74,778 (+25.4%), from €294,938 to €369,716
- Other debts -€30,241
no longer reported in 2025 (was €30,241)
- Tax, wage and social debts +€9,258
up €9,258 (+57.6%), from €16,065 to €25,323
of which Taxes: +€11,048
- Gross operating margin +€17,421
up €17,421 (+17.1%), from €101,683 to €119,104
- Taxes +€11,268
up €11,268 (+44.1%), from €25,566 to €36,834
- Depreciation -€6,653
down €6,653 (-46.8%), from €14,219 to €7,567
- Financial charges +€4,418
up €4,418, from -€4,010 to €408
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 | €486,123 | €541,265 | +€55,142 | +11.3% |
| Fixed assets | 21/28 | €38,144 | €31,247 | -€6,897 | -18.1% |
| Tangible fixed assets | 22/27 | €38,144 | €31,247 | -€6,897 | -18.1% |
| Land and buildings | 22 | €22,567 | €16,828 | -€5,739 | -25.4% |
| Plant, machinery and equipment | 23 | €964 | €577 | -€386 | -40.1% |
| Furniture and vehicles | 24 | €14,613 | €13,842 | -€771 | -5.3% |
| Current assets | 29/58 | €447,979 | €510,017 | +€62,038 | +13.8% |
| Amounts receivable within one year | 40/41 | €40,109 | €49,773 | +€9,665 | +24.1% |
| Other amounts receivable | 41 | €40,109 | €49,773 | +€9,665 | +24.1% |
| Current investments | 50/53 | €210,923 | €240,923 | +€30,000 | +14.2% |
| Cash at bank and in hand | 54/58 | €195,627 | €216,109 | +€20,482 | +10.5% |
| Deferred charges and accrued income | 490/1 | €1,321 | €3,212 | +€1,892 | +143% |
| Total equity and liabilities | 10/49 | €486,123 | €541,265 | +€55,142 | +11.3% |
| Equity | 10/15 | €439,511 | €514,289 | +€74,778 | +17.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €294,938 | €369,716 | +€74,778 | +25.4% |
| Distributable reserves | 133 | €294,938 | €369,716 | +€74,778 | +25.4% |
| Profit (loss) carried forward | 14 | €125,573 | €125,573 | = | 0.0% |
| Amounts payable | 17/49 | €46,612 | €26,976 | -€19,636 | -42.1% |
| Amounts payable within one year | 42/48 | €46,612 | €26,976 | -€19,636 | -42.1% |
| Trade debts | 44 | €307 | €1,653 | +€1,346 | +439% |
| Suppliers | 440/4 | €307 | €1,653 | +€1,346 | +439% |
| Taxes, remuneration and social security | 45 | €16,065 | €25,323 | +€9,258 | +57.6% |
| Taxes | 450/3 | €14,275 | €25,323 | +€11,048 | +77.4% |
| Remuneration and social security | 454/9 | €1,790 | - | -€1,790 | |
| Other amounts payable | 47/48 | €30,241 | - | -€30,241 | |
| Remuneration, social security and pensions | 62 | - | €115 | +€115 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,219 | €7,567 | -€6,653 | -46.8% |
| Other operating charges | 640/8 | €2,725 | €3,439 | +€714 | +26.2% |
| Gross operating margin | 9900 | €101,683 | €119,104 | +€17,421 | +17.1% |
| Operating profit (loss) | 9901 | €84,739 | €107,983 | +€23,245 | +27.4% |
| Financial income | 75/76B | €4,222 | €4,037 | -€185 | -4.4% |
| Recurring financial income | 75 | €4,222 | €4,037 | -€185 | -4.4% |
| Financial charges | 65/66B | -€4,010 | €408 | +€4,418 | |
| Recurring financial charges | 65 | -€4,010 | €408 | +€4,418 | |
| Profit (loss) for the period before taxes | 9903 | €92,971 | €111,612 | +€18,641 | +20.1% |
| Income taxes | 67/77 | €25,566 | €36,834 | +€11,268 | +44.1% |
| Profit (loss) for the period | 9904 | €67,405 | €74,778 | +€7,373 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,405 | €74,778 | +€7,373 | +10.9% |
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 31 October 2026 via checked.be.