DOKTERS DE KEYSER - AERTS: what changed
DOKTERS DE KEYSER - AERTS
Largest movements
- Current investments +€187,066
up €187,066 (+71.3%), from €262,515 to €449,581
- Cash -€59,910
down €59,910 (-31.2%), from €192,078 to €132,169
mainly Current investments (-€187,066) and Contributions, distributions and other (-€67,417)
- Tangible fixed assets -€39,809
down €39,809 (-16.1%), from €247,975 to €208,166
of which Leasing and similar rights: -€21,504
- Deferred charges and accrued income -€35,579
down €35,579 (-94.5%), from €37,660 to €2,082
- Reserves +€87,511
up €87,511 (+15.5%), from €564,103 to €651,614
- Debts after one year -€21,879
down €21,879 (-21.0%), from €104,046 to €82,167
- Current portion of long-term debt -€13,641
down €13,641 (-38.4%), from €35,520 to €21,879
- Other debts +€8,197
up €8,197 (+32.4%), from €25,290 to €33,487
- Gross operating margin -€17,268
down €17,268 (-5.9%), from €292,953 to €275,685
- Financial income -€5,858
down €5,858 (-56.6%), from €10,352 to €4,494
- Taxes -€5,723
down €5,723 (-7.9%), from €72,430 to €66,707
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €744,629 | €801,547 | +€56,918 | +7.6% |
| Fixed assets | 21/28 | €247,975 | €208,166 | -€39,809 | -16.1% |
| Tangible fixed assets | 22/27 | €247,975 | €208,166 | -€39,809 | -16.1% |
| Land and buildings | 22 | €190,308 | €176,609 | -€13,699 | -7.2% |
| Plant, machinery and equipment | 23 | €26,335 | €19,325 | -€7,010 | -26.6% |
| Furniture and vehicles | 24 | €6,263 | €8,668 | +€2,404 | +38.4% |
| Leasing and similar rights | 25 | €25,069 | €3,565 | -€21,504 | -85.8% |
| Current assets | 29/58 | €496,654 | €593,381 | +€96,726 | +19.5% |
| Amounts receivable within one year | 40/41 | €4,401 | €9,550 | +€5,148 | +117% |
| Trade receivables | 40 | - | €663 | +€663 | |
| Other amounts receivable | 41 | €4,401 | €8,887 | +€4,486 | +102% |
| Current investments | 50/53 | €262,515 | €449,581 | +€187,066 | +71.3% |
| Cash at bank and in hand | 54/58 | €192,078 | €132,169 | -€59,910 | -31.2% |
| Deferred charges and accrued income | 490/1 | €37,660 | €2,082 | -€35,579 | -94.5% |
| Total equity and liabilities | 10/49 | €744,629 | €801,547 | +€56,918 | +7.6% |
| Equity | 10/15 | €576,503 | €664,014 | +€87,511 | +15.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €564,103 | €651,614 | +€87,511 | +15.5% |
| Distributable reserves | 133 | €564,103 | €651,614 | +€87,511 | +15.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €168,126 | €137,533 | -€30,593 | -18.2% |
| Amounts payable after more than one year | 17 | €104,046 | €82,167 | -€21,879 | -21.0% |
| Financial debts | 170/4 | €104,046 | €82,167 | -€21,879 | -21.0% |
| Amounts payable within one year | 42/48 | €64,080 | €55,366 | -€8,714 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €35,520 | €21,879 | -€13,641 | -38.4% |
| Trade debts | 44 | €3,270 | €0 | -€3,270 | -100% |
| Suppliers | 440/4 | €3,270 | €0 | -€3,270 | -100% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €25,290 | €33,487 | +€8,197 | +32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,080 | €46,389 | +€1,309 | +2.9% |
| Other operating charges | 640/8 | €5,249 | €5,525 | +€276 | +5.2% |
| Gross operating margin | 9900 | €292,953 | €275,685 | -€17,268 | -5.9% |
| Operating profit (loss) | 9901 | €242,624 | €223,771 | -€18,852 | -7.8% |
| Financial income | 75/76B | €10,352 | €4,494 | -€5,858 | -56.6% |
| Recurring financial income | 75 | €10,352 | €4,494 | -€5,858 | -56.6% |
| Financial charges | 65/66B | €7,505 | €6,631 | -€875 | -11.7% |
| Recurring financial charges | 65 | €7,505 | €6,631 | -€875 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €245,470 | €221,635 | -€23,836 | -9.7% |
| Income taxes | 67/77 | €72,430 | €66,707 | -€5,723 | -7.9% |
| Profit (loss) for the period | 9904 | €173,040 | €154,928 | -€18,113 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €173,040 | €154,928 | -€18,113 | -10.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.