Dokter Vincent Eggerding: 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 Vincent Eggerding
Largest movements
- Receivables within one year -€166,629
down €166,629 (-67.1%), from €248,435 to €81,806
of which Other amounts receivable: -€190,840
- Cash +€118,731
up €118,731 (+73.3%), from €162,055 to €280,786
mainly Net result for the year (+€216,399) and Receivables within one year (+€166,629)
- Deferred charges and accrued income +€4,896
new in 2025: €4,896
- Reserves -€69,294
down €69,294 (-19.2%), from €361,055 to €291,761
- Current portion of long-term debt +€20,178
new in 2025: €20,178
- Tax, wage and social debts +€15,073
up €15,073 (+16.7%), from €90,427 to €105,500
- Accrued charges and deferred income -€8,428
down €8,428 (-51.6%), from €16,329 to €7,900
- Gross operating margin +€51,592
up €51,592 (+22.1%), from €233,478 to €285,070
- Taxes +€12,626
up €12,626 (+22.9%), from €55,029 to €67,655
- Depreciation +€4,284
up €4,284 (+112%), from €3,815 to €8,099
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 | €475,073 | €431,550 | -€43,522 | -9.2% |
| Fixed assets | 21/28 | €64,583 | €64,062 | -€521 | -0.8% |
| Tangible fixed assets | 22/27 | €64,583 | €64,062 | -€521 | -0.8% |
| Plant, machinery and equipment | 23 | €4,186 | €3,201 | -€985 | -23.5% |
| Other tangible fixed assets | 26 | €60,397 | €60,861 | +€464 | +0.8% |
| Current assets | 29/58 | €410,490 | €367,488 | -€43,002 | -10.5% |
| Amounts receivable within one year | 40/41 | €248,435 | €81,806 | -€166,629 | -67.1% |
| Trade receivables | 40 | €57,596 | €81,806 | +€24,210 | +42.0% |
| Other amounts receivable | 41 | €190,840 | - | -€190,840 | |
| Cash at bank and in hand | 54/58 | €162,055 | €280,786 | +€118,731 | +73.3% |
| Deferred charges and accrued income | 490/1 | - | €4,896 | +€4,896 | |
| Total equity and liabilities | 10/49 | €475,073 | €431,550 | -€43,522 | -9.2% |
| Equity | 10/15 | €366,055 | €296,761 | -€69,294 | -18.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €361,055 | €291,761 | -€69,294 | -19.2% |
| Distributable reserves | 133 | €361,055 | €291,761 | -€69,294 | -19.2% |
| Amounts payable | 17/49 | €109,018 | €134,790 | +€25,772 | +23.6% |
| Amounts payable within one year | 42/48 | €92,689 | €126,889 | +€34,200 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | - | €20,178 | +€20,178 | |
| Trade debts | 44 | €2,262 | €1,211 | -€1,050 | -46.4% |
| Suppliers | 440/4 | €2,262 | €1,211 | -€1,050 | -46.4% |
| Taxes, remuneration and social security | 45 | €90,427 | €105,500 | +€15,073 | +16.7% |
| Taxes | 450/3 | €90,427 | €105,500 | +€15,073 | +16.7% |
| Accrued charges and deferred income | 492/3 | €16,329 | €7,900 | -€8,428 | -51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,815 | €8,099 | +€4,284 | +112% |
| Other operating charges | 640/8 | €490 | €485 | -€5 | -1.1% |
| Gross operating margin | 9900 | €233,478 | €285,070 | +€51,592 | +22.1% |
| Operating profit (loss) | 9901 | €229,173 | €276,486 | +€47,313 | +20.6% |
| Financial income | 75/76B | €10,912 | €10,993 | +€81 | +0.7% |
| Recurring financial income | 75 | €10,912 | €10,993 | +€81 | +0.7% |
| Financial charges | 65/66B | €2,084 | €3,424 | +€1,341 | +64.4% |
| Recurring financial charges | 65 | €2,084 | €3,424 | +€1,341 | +64.4% |
| Profit (loss) for the period before taxes | 9903 | €238,002 | €284,054 | +€46,052 | +19.3% |
| Income taxes | 67/77 | €55,029 | €67,655 | +€12,626 | +22.9% |
| Profit (loss) for the period | 9904 | €182,973 | €216,399 | +€33,427 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €182,973 | €216,399 | +€33,427 | +18.3% |
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 17 October 2026 via checked.be.