DOKTER WOUTER DESEYN: 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 WOUTER DESEYN
Largest movements
- Receivables within one year +€34,304
up €34,304 (+17.5%), from €196,109 to €230,413
of which Other amounts receivable: +€35,095
- Tangible fixed assets +€21,704
up €21,704 (+27.1%), from €80,154 to €101,858
of which Plant, machinery and equipment: +€34,415
- Cash +€13,580
up €13,580 (+9.9%), from €137,180 to €150,760
mainly Net result for the year (+€80,539) and Depreciation (+€20,853)
- Deferred charges and accrued income -€5,902
down €5,902 (-61.7%), from €9,571 to €3,670
- Reserves +€68,365
up €68,365 (+21.1%), from €324,393 to €392,758
- Tax, wage and social debts -€7,254
down €7,254 (-40.3%), from €18,008 to €10,754
- Gross operating margin +€21,143
up €21,143 (+17.6%), from €120,247 to €141,390
- Financial income -€6,454
down €6,454 (-77.0%), from €8,379 to €1,925
- Depreciation +€5,386
up €5,386 (+34.8%), from €15,467 to €20,853
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 | €423,015 | €486,701 | +€63,686 | +15.1% |
| Fixed assets | 21/28 | €80,154 | €101,858 | +€21,704 | +27.1% |
| Tangible fixed assets | 22/27 | €80,154 | €101,858 | +€21,704 | +27.1% |
| Land and buildings | 22 | €5,672 | €5,672 | = | 0.0% |
| Plant, machinery and equipment | 23 | €31,720 | €66,135 | +€34,415 | +108% |
| Furniture and vehicles | 24 | €42,762 | €30,050 | -€12,712 | -29.7% |
| Current assets | 29/58 | €342,861 | €384,843 | +€41,982 | +12.2% |
| Amounts receivable within one year | 40/41 | €196,109 | €230,413 | +€34,304 | +17.5% |
| Trade receivables | 40 | €791 | €0 | -€791 | -100% |
| Other amounts receivable | 41 | €195,318 | €230,413 | +€35,095 | +18.0% |
| Cash at bank and in hand | 54/58 | €137,180 | €150,760 | +€13,580 | +9.9% |
| Deferred charges and accrued income | 490/1 | €9,571 | €3,670 | -€5,902 | -61.7% |
| Total equity and liabilities | 10/49 | €423,015 | €486,701 | +€63,686 | +15.1% |
| Equity | 10/15 | €342,993 | €411,358 | +€68,365 | +19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €324,393 | €392,758 | +€68,365 | +21.1% |
| Distributable reserves | 133 | €324,393 | €392,758 | +€68,365 | +21.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €56,899 | €56,899 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €56,899 | €56,899 | = | 0.0% |
| Pensions and similar obligations | 160 | €56,899 | €56,899 | = | 0.0% |
| Amounts payable | 17/49 | €23,122 | €18,444 | -€4,679 | -20.2% |
| Amounts payable within one year | 42/48 | €18,972 | €14,959 | -€4,013 | -21.2% |
| Trade debts | 44 | €965 | €4,206 | +€3,241 | +336% |
| Suppliers | 440/4 | €965 | €4,206 | +€3,241 | +336% |
| Taxes, remuneration and social security | 45 | €18,008 | €10,754 | -€7,254 | -40.3% |
| Taxes | 450/3 | €18,008 | €10,754 | -€7,254 | -40.3% |
| Accrued charges and deferred income | 492/3 | €4,150 | €3,484 | -€666 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,467 | €20,853 | +€5,386 | +34.8% |
| Other operating charges | 640/8 | €1,849 | €1,386 | -€464 | -25.1% |
| Non-recurring operating charges | 66A | - | €8,213 | +€8,213 | |
| Gross operating margin | 9900 | €120,247 | €141,390 | +€21,143 | +17.6% |
| Operating profit (loss) | 9901 | €102,931 | €110,938 | +€8,007 | +7.8% |
| Financial income | 75/76B | €8,379 | €1,925 | -€6,454 | -77.0% |
| Recurring financial income | 75 | €8,379 | €1,925 | -€6,454 | -77.0% |
| Financial charges | 65/66B | €286 | €251 | -€36 | -12.5% |
| Recurring financial charges | 65 | €286 | €251 | -€36 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €111,024 | €112,613 | +€1,589 | +1.4% |
| Income taxes | 67/77 | €33,008 | €32,074 | -€934 | -2.8% |
| Profit (loss) for the period | 9904 | €78,016 | €80,539 | +€2,523 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €78,016 | €80,539 | +€2,523 | +3.2% |
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 19 October 2026 via checked.be.