DOKTER VLEUGELS: 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 VLEUGELS
Largest movements
- Current investments +€157,247
up €157,247 (+9.3%), from €1.7m to €1.8m
- Cash +€32,910
up €32,910 (+14.8%), from €222,206 to €255,116
mainly Net result for the year (+€209,173) and Depreciation (+€8,687)
- Tangible fixed assets +€24,831
up €24,831 (+119%), from €20,944 to €45,774
of which Furniture and vehicles: +€26,511
- Reserves +€209,173
up €209,173 (+11.0%), from €1.9m to €2.1m
- Financial income -€10,394
down €10,394 (-70.9%), from €14,658 to €4,264
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 | €1,986,448 | €2,201,535 | +€215,087 | +10.8% |
| Fixed assets | 21/28 | €20,944 | €45,774 | +€24,831 | +119% |
| Tangible fixed assets | 22/27 | €20,944 | €45,774 | +€24,831 | +119% |
| Plant, machinery and equipment | 23 | €14,101 | €12,421 | -€1,680 | -11.9% |
| Furniture and vehicles | 24 | €6,843 | €33,353 | +€26,511 | +387% |
| Current assets | 29/58 | €1,965,504 | €2,155,760 | +€190,256 | +9.7% |
| Amounts receivable after more than one year | 29 | €51,533 | €52,948 | +€1,415 | +2.7% |
| Other amounts receivable | 291 | €51,533 | €52,948 | +€1,415 | +2.7% |
| Amounts receivable within one year | 40/41 | €160 | - | -€160 | |
| Trade receivables | 40 | €160 | - | -€160 | |
| Current investments | 50/53 | €1,689,613 | €1,846,860 | +€157,247 | +9.3% |
| Cash at bank and in hand | 54/58 | €222,206 | €255,116 | +€32,910 | +14.8% |
| Deferred charges and accrued income | 490/1 | €1,992 | €836 | -€1,156 | -58.0% |
| Total equity and liabilities | 10/49 | €1,986,448 | €2,201,535 | +€215,087 | +10.8% |
| Equity | 10/15 | €1,919,597 | €2,128,771 | +€209,173 | +10.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,899,597 | €2,108,771 | +€209,173 | +11.0% |
| Distributable reserves | 133 | €1,899,597 | €2,108,771 | +€209,173 | +11.0% |
| Amounts payable | 17/49 | €66,850 | €72,764 | +€5,913 | +8.8% |
| Amounts payable within one year | 42/48 | €59,673 | €65,587 | +€5,913 | +9.9% |
| Trade debts | 44 | - | €7,563 | +€7,563 | |
| Suppliers | 440/4 | - | €7,563 | +€7,563 | |
| Taxes, remuneration and social security | 45 | €47,704 | €48,053 | +€349 | +0.7% |
| Taxes | 450/3 | €47,704 | €48,053 | +€349 | +0.7% |
| Other amounts payable | 47/48 | €11,970 | €9,971 | -€1,998 | -16.7% |
| Accrued charges and deferred income | 492/3 | €7,177 | €7,177 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €2,016 | - | -€2,016 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,944 | €8,687 | +€1,743 | +25.1% |
| Other operating charges | 640/8 | €1,854 | €1,215 | -€639 | -34.5% |
| Gross operating margin | 9900 | €313,953 | €315,423 | +€1,470 | +0.5% |
| Operating profit (loss) | 9901 | €303,139 | €305,521 | +€2,382 | +0.8% |
| Financial income | 75/76B | €14,658 | €4,264 | -€10,394 | -70.9% |
| Recurring financial income | 75 | €14,658 | €4,264 | -€10,394 | -70.9% |
| Financial charges | 65/66B | €3,482 | €1,704 | -€1,778 | -51.1% |
| Recurring financial charges | 65 | €3,482 | €1,704 | -€1,778 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €314,315 | €308,081 | -€6,234 | -2.0% |
| Income taxes | 67/77 | €96,937 | €98,908 | +€1,971 | +2.0% |
| Profit (loss) for the period | 9904 | €217,378 | €209,173 | -€8,205 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €217,378 | €209,173 | -€8,205 | -3.8% |
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 23 October 2026 via checked.be.