Dokter Wesley Teurfs: 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 Wesley Teurfs
Largest movements
- Receivables within one year +€603,249
up €603,249 (+299%), from €201,437 to €804,686
of which Other amounts receivable: +€577,246
- Cash -€220,444
down €220,444 (-53.8%), from €409,995 to €189,551
mainly Receivables within one year (-€603,249) and Investment in fixed assets (net) (-€6,650)
- Profit (loss) carried forward +€372,794
up €372,794 (+61.3%), from €608,256 to €981,049
- Tax, wage and social debts +€18,898
up €18,898 (+347%), from €5,450 to €24,348
of which Taxes: +€18,873
- Gross operating margin +€25,563
up €25,563 (+5.5%), from €462,992 to €488,556
- Financial income +€8,584
up €8,584 (+542%), from €1,583 to €10,168
- Taxes +€8,345
up €8,345 (+7.5%), from €111,273 to €119,618
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 | €620,131 | €1,010,202 | +€390,070 | +62.9% |
| Fixed assets | 21/28 | €5,107 | €9,596 | +€4,490 | +87.9% |
| Tangible fixed assets | 22/27 | €5,107 | €9,596 | +€4,490 | +87.9% |
| Plant, machinery and equipment | 23 | - | €1,605 | +€1,605 | |
| Furniture and vehicles | 24 | €5,107 | €7,991 | +€2,885 | +56.5% |
| Current assets | 29/58 | €615,025 | €1,000,605 | +€385,581 | +62.7% |
| Amounts receivable within one year | 40/41 | €201,437 | €804,686 | +€603,249 | +299% |
| Trade receivables | 40 | €140,471 | €166,474 | +€26,003 | +18.5% |
| Other amounts receivable | 41 | €60,967 | €638,212 | +€577,246 | +947% |
| Cash at bank and in hand | 54/58 | €409,995 | €189,551 | -€220,444 | -53.8% |
| Deferred charges and accrued income | 490/1 | €3,593 | €6,368 | +€2,775 | +77.3% |
| Total equity and liabilities | 10/49 | €620,131 | €1,010,202 | +€390,070 | +62.9% |
| Equity | 10/15 | €611,256 | €984,049 | +€372,794 | +61.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €608,256 | €981,049 | +€372,794 | +61.3% |
| Amounts payable | 17/49 | €8,876 | €26,152 | +€17,277 | +195% |
| Amounts payable within one year | 42/48 | €8,876 | €26,152 | +€17,277 | +195% |
| Trade debts | 44 | €3,426 | €1,804 | -€1,622 | -47.3% |
| Suppliers | 440/4 | €3,426 | €1,804 | -€1,622 | -47.3% |
| Taxes, remuneration and social security | 45 | €5,450 | €24,348 | +€18,898 | +347% |
| Taxes | 450/3 | €1,389 | €20,262 | +€18,873 | +1,359% |
| Remuneration and social security | 454/9 | €4,062 | €4,086 | +€25 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,005 | €2,161 | +€156 | +7.8% |
| Other operating charges | 640/8 | €978 | €884 | -€93 | -9.5% |
| Gross operating margin | 9900 | €462,992 | €488,556 | +€25,563 | +5.5% |
| Operating profit (loss) | 9901 | €460,010 | €485,511 | +€25,501 | +5.5% |
| Financial income | 75/76B | €1,583 | €10,168 | +€8,584 | +542% |
| Recurring financial income | 75 | €1,583 | €10,168 | +€8,584 | +542% |
| Financial charges | 65/66B | €2,362 | €3,266 | +€904 | +38.3% |
| Recurring financial charges | 65 | €2,362 | €3,266 | +€904 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | €459,231 | €492,412 | +€33,181 | +7.2% |
| Income taxes | 67/77 | €111,273 | €119,618 | +€8,345 | +7.5% |
| Profit (loss) for the period | 9904 | €347,958 | €372,794 | +€24,836 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €347,958 | €372,794 | +€24,836 | +7.1% |
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.