Dr De Boeck Evelien: 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.
Dr De Boeck Evelien
Largest movements
- Receivables within one year +€33,594
up €33,594 (+223%), from €15,092 to €48,686
- Tangible fixed assets -€28,358
down €28,358 (-29.8%), from €95,153 to €66,795
of which Furniture and vehicles: -€22,276
- Cash -€22,811
down €22,811 (-45.0%), from €50,712 to €27,902
mainly Receivables within one year (-€33,594) and Debts after one year (-€17,461)
- Deferred charges and accrued income +€3,093
up €3,093 (+82.1%), from €3,765 to €6,858
- Debts after one year -€17,461
down €17,461 (-46.9%), from €37,269 to €19,808
- Accrued charges and deferred income -€3,500
no longer reported in 2025 (was €3,500)
- Trade debts +€3,478
up €3,478 (+4,360%), from €80 to €3,557
- Profit (loss) carried forward +€2,794
up €2,794 (+2.9%), from €96,400 to €99,195
- Gross operating margin -€25,486
down €25,486 (-40.4%), from €63,040 to €37,554
- Taxes -€5,132
down €5,132 (-74.3%), from €6,911 to €1,779
- Depreciation +€842
up €842 (+2.8%), from €29,687 to €30,529
- Financial charges -€655
down €655 (-21.9%), from €2,986 to €2,332
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 | €169,462 | €154,281 | -€15,182 | -9.0% |
| Fixed assets | 21/28 | €99,893 | €70,835 | -€29,058 | -29.1% |
| Intangible fixed assets | 21 | €4,740 | €4,040 | -€700 | -14.8% |
| Tangible fixed assets | 22/27 | €95,153 | €66,795 | -€28,358 | -29.8% |
| Land and buildings | 22 | €11,134 | €9,991 | -€1,142 | -10.3% |
| Plant, machinery and equipment | 23 | €17,348 | €12,409 | -€4,939 | -28.5% |
| Furniture and vehicles | 24 | €66,671 | €44,394 | -€22,276 | -33.4% |
| Current assets | 29/58 | €69,569 | €83,446 | +€13,876 | +19.9% |
| Amounts receivable within one year | 40/41 | €15,092 | €48,686 | +€33,594 | +223% |
| Other amounts receivable | 41 | €15,092 | €48,686 | +€33,594 | +223% |
| Cash at bank and in hand | 54/58 | €50,712 | €27,902 | -€22,811 | -45.0% |
| Deferred charges and accrued income | 490/1 | €3,765 | €6,858 | +€3,093 | +82.1% |
| Total equity and liabilities | 10/49 | €169,462 | €154,281 | -€15,182 | -9.0% |
| Equity | 10/15 | €110,660 | €113,455 | +€2,794 | +2.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,400 | €99,195 | +€2,794 | +2.9% |
| Amounts payable | 17/49 | €58,802 | €40,826 | -€17,976 | -30.6% |
| Amounts payable after more than one year | 17 | €37,269 | €19,808 | -€17,461 | -46.9% |
| Financial debts | 170/4 | €37,269 | €19,808 | -€17,461 | -46.9% |
| Amounts payable within one year | 42/48 | €18,034 | €21,018 | +€2,984 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €16,706 | €17,461 | +€755 | +4.5% |
| Trade debts | 44 | €80 | €3,557 | +€3,478 | +4,360% |
| Suppliers | 440/4 | €80 | €3,557 | +€3,478 | +4,360% |
| Taxes, remuneration and social security | 45 | €1,249 | - | -€1,249 | |
| Taxes | 450/3 | €1,249 | - | -€1,249 | |
| Accrued charges and deferred income | 492/3 | €3,500 | - | -€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,687 | €30,529 | +€842 | +2.8% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €63,040 | €37,554 | -€25,486 | -40.4% |
| Operating profit (loss) | 9901 | €33,235 | €6,905 | -€26,330 | -79.2% |
| Financial charges | 65/66B | €2,986 | €2,332 | -€655 | -21.9% |
| Recurring financial charges | 65 | €2,986 | €2,332 | -€655 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €30,249 | €4,573 | -€25,676 | -84.9% |
| Income taxes | 67/77 | €6,911 | €1,779 | -€5,132 | -74.3% |
| Profit (loss) for the period | 9904 | €23,338 | €2,794 | -€20,544 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,338 | €2,794 | -€20,544 | -88.0% |
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 27 October 2026 via checked.be.