DOKTERS BOGAERT - VANDEPITTE: 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.
DOKTERS BOGAERT - VANDEPITTE
Largest movements
- Receivables within one year -€252,838
down €252,838 (-85.9%), from €294,338 to €41,500
of which Other amounts receivable: -€254,092
- Current investments +€212,778
up €212,778 (+432%), from €49,261 to €262,039
- Cash -€132,388
down €132,388 (-36.2%), from €366,125 to €233,736
mainly Contributions, distributions and other (-€289,718) and Current investments (-€212,778)
- Tangible fixed assets -€35,506
down €35,506 (-40.0%), from €88,834 to €53,328
of which Furniture and vehicles: -€22,210
- Reserves -€169,825
down €169,825 (-25.4%), from €669,145 to €499,320
- Debts after one year -€25,662
down €25,662 (-36.4%), from €70,465 to €44,803
- Current portion of long-term debt -€11,095
down €11,095 (-30.2%), from €36,757 to €25,662
- Gross operating margin +€31,322
up €31,322 (+18.3%), from €171,389 to €202,712
- Taxes +€8,264
up €8,264 (+19.9%), from €41,531 to €49,795
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 | €803,408 | €597,727 | -€205,681 | -25.6% |
| Fixed assets | 21/28 | €88,834 | €53,328 | -€35,506 | -40.0% |
| Tangible fixed assets | 22/27 | €88,834 | €53,328 | -€35,506 | -40.0% |
| Land and buildings | 22 | €45,800 | €34,350 | -€11,450 | -25.0% |
| Plant, machinery and equipment | 23 | €6,829 | €4,983 | -€1,846 | -27.0% |
| Furniture and vehicles | 24 | €34,355 | €12,145 | -€22,210 | -64.6% |
| Other tangible fixed assets | 26 | €1,850 | €1,850 | = | 0.0% |
| Current assets | 29/58 | €714,575 | €544,399 | -€170,175 | -23.8% |
| Amounts receivable within one year | 40/41 | €294,338 | €41,500 | -€252,838 | -85.9% |
| Trade receivables | 40 | €1,850 | €3,104 | +€1,254 | +67.8% |
| Other amounts receivable | 41 | €292,488 | €38,396 | -€254,092 | -86.9% |
| Current investments | 50/53 | €49,261 | €262,039 | +€212,778 | +432% |
| Cash at bank and in hand | 54/58 | €366,125 | €233,736 | -€132,388 | -36.2% |
| Deferred charges and accrued income | 490/1 | €4,851 | €7,124 | +€2,273 | +46.8% |
| Total equity and liabilities | 10/49 | €803,408 | €597,727 | -€205,681 | -25.6% |
| Equity | 10/15 | €675,345 | €505,520 | -€169,825 | -25.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €669,145 | €499,320 | -€169,825 | -25.4% |
| Distributable reserves | 133 | €669,145 | €499,320 | -€169,825 | -25.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €128,063 | €92,207 | -€35,856 | -28.0% |
| Amounts payable after more than one year | 17 | €70,465 | €44,803 | -€25,662 | -36.4% |
| Financial debts | 170/4 | €70,465 | €44,803 | -€25,662 | -36.4% |
| Amounts payable within one year | 42/48 | €57,598 | €47,404 | -€10,194 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €36,757 | €25,662 | -€11,095 | -30.2% |
| Trade debts | 44 | €4,842 | €3,666 | -€1,176 | -24.3% |
| Suppliers | 440/4 | €4,842 | €3,666 | -€1,176 | -24.3% |
| Taxes, remuneration and social security | 45 | €15,999 | €18,076 | +€2,077 | +13.0% |
| Taxes | 450/3 | €15,999 | €18,076 | +€2,077 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,469 | €39,274 | +€805 | +2.1% |
| Other operating charges | 640/8 | €886 | €1,356 | +€469 | +52.9% |
| Gross operating margin | 9900 | €171,389 | €202,712 | +€31,322 | +18.3% |
| Operating profit (loss) | 9901 | €132,034 | €162,082 | +€30,048 | +22.8% |
| Financial income | 75/76B | €14,788 | €13,481 | -€1,308 | -8.8% |
| Recurring financial income | 75 | €14,788 | €13,481 | -€1,308 | -8.8% |
| Financial charges | 65/66B | €5,352 | €5,875 | +€523 | +9.8% |
| Recurring financial charges | 65 | €5,352 | €5,875 | +€523 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €141,470 | €169,688 | +€28,218 | +19.9% |
| Income taxes | 67/77 | €41,531 | €49,795 | +€8,264 | +19.9% |
| Profit (loss) for the period | 9904 | €99,939 | €119,893 | +€19,954 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €99,939 | €119,893 | +€19,954 | +20.0% |
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 21 October 2026 via checked.be.