Dr. Peter Van Oyen: 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.
What changed
Dr. Peter Van Oyen
NACE 86.220, Specialist medical practice
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€137,251
2024 · €121,583+€15,668
Equity
€3.4m
2024 · €3.2m+€137,251
Cash
€131,925
2024 · €52,614+€79,310
Balance sheet total
€3.7m
2024 · €3.5m+€146,684
Largest movements
Assets
- Current investments +€101,575
up €101,575 (+4.2%), from €2.4m to €2.5m
- Cash +€79,310
up €79,310 (+151%), from €52,614 to €131,925
mainly Net result for the year (+€137,251) and Depreciation (+€48,576)
Equity and liabilities
- Reserves +€135,957
up €135,957 (+4.2%), from €3.2m to €3.3m
of which Distributable reserves: +€137,000
Income statement
- Gross operating margin +€44,431
up €44,431 (+26.2%), from €169,809 to €214,239
- Financial charges +€12,434
up €12,434 (+72.1%), from €17,253 to €29,687
- Taxes +€9,305
up €9,305 (+16.3%), from €57,007 to €66,312
- Financial income -€5,857
down €5,857 (-7.0%), from €83,115 to €77,258
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.
Result 2024
€121,583
Gross operating margin
+€44,431
Depreciation
-€1,522
Other operating charges
+€354
Financial income
-€5,857
Financial charges
-€12,434
Taxes
-€9,305
Result 2025
€137,251
raises the resultlowers the result
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.
From operations
+€210,150
Investment
-€117,176
Financing
-€13,664
Cash 2024
€52,614
From operations (derived)
+€210,150
Net result for the year
+€137,251
Depreciation
+€48,576
Deferred charges and accrued income
+€1,226
Provisions
-€537
Trade debts
-€2,769
Tax, wage and social debts
+€13,802
Other debts
+€12,826
Accrued charges and deferred income
-€225
Investment (derived)
-€117,176
Investment in fixed assets (net)
-€15,601
Current investments
-€101,575
Financing
-€13,664
Current portion of long-term debt
-€13,664
Cash 2025
€131,925
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,507,940 | €3,654,623 | +€146,684 | +4.2% |
| Fixed assets | 21/28 | €945,748 | €912,772 | -€32,976 | -3.5% |
| Tangible fixed assets | 22/27 | €945,748 | €912,772 | -€32,976 | -3.5% |
| Land and buildings | 22 | €906,297 | €881,586 | -€24,711 | -2.7% |
| Plant, machinery and equipment | 23 | €3,842 | €4,510 | +€668 | +17.4% |
| Furniture and vehicles | 24 | €7,011 | €26,676 | +€19,666 | +280% |
| Leasing and similar rights | 25 | €28,598 | €0 | -€28,598 | -100% |
| Current assets | 29/58 | €2,562,191 | €2,741,851 | +€179,660 | +7.0% |
| Amounts receivable within one year | 40/41 | €2,323 | €2,323 | = | 0.0% |
| Other amounts receivable | 41 | €2,323 | €2,323 | = | 0.0% |
| Current investments | 50/53 | €2,442,932 | €2,544,508 | +€101,575 | +4.2% |
| Cash at bank and in hand | 54/58 | €52,614 | €131,925 | +€79,310 | +151% |
| Deferred charges and accrued income | 490/1 | €64,322 | €63,096 | -€1,226 | -1.9% |
| Total equity and liabilities | 10/49 | €3,507,940 | €3,654,623 | +€146,684 | +4.2% |
| Equity | 10/15 | €3,226,431 | €3,363,682 | +€137,251 | +4.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,206,116 | €3,342,073 | +€135,957 | +4.2% |
| Tax-exempt reserves | 132 | €23,478 | €22,434 | -€1,043 | -4.4% |
| Distributable reserves | 133 | €3,182,638 | €3,319,638 | +€137,000 | +4.3% |
| Profit (loss) carried forward | 14 | €314 | €1,609 | +€1,294 | +412% |
| Provisions and deferred taxes | 16 | €12,089 | €11,552 | -€537 | -4.4% |
| Deferred taxes | 168 | €12,089 | €11,552 | -€537 | -4.4% |
| Amounts payable | 17/49 | €269,420 | €279,390 | +€9,970 | +3.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €268,320 | €278,515 | +€10,195 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €13,664 | €0 | -€13,664 | -100% |
| Trade debts | 44 | €3,514 | €745 | -€2,769 | -78.8% |
| Suppliers | 440/4 | €3,514 | €745 | -€2,769 | -78.8% |
| Taxes, remuneration and social security | 45 | €3,032 | €16,835 | +€13,802 | +455% |
| Taxes | 450/3 | €3,032 | €16,835 | +€13,802 | +455% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €248,109 | €260,935 | +€12,826 | +5.2% |
| Accrued charges and deferred income | 492/3 | €1,100 | €875 | -€225 | -20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,054 | €48,576 | +€1,522 | +3.2% |
| Other operating charges | 640/8 | €10,563 | €10,209 | -€354 | -3.4% |
| Gross operating margin | 9900 | €169,809 | €214,239 | +€44,431 | +26.2% |
| Operating profit (loss) | 9901 | €112,191 | €155,454 | +€43,263 | +38.6% |
| Financial income | 75/76B | €83,115 | €77,258 | -€5,857 | -7.0% |
| Recurring financial income | 75 | €83,115 | €77,258 | -€5,857 | -7.0% |
| Financial charges | 65/66B | €17,253 | €29,687 | +€12,434 | +72.1% |
| Recurring financial charges | 65 | €17,253 | €29,687 | +€12,434 | +72.1% |
| Profit (loss) for the period before taxes | 9903 | €178,053 | €203,025 | +€24,972 | +14.0% |
| Transfer from deferred taxes | 780 | €537 | €537 | = | 0.0% |
| Income taxes | 67/77 | €57,007 | €66,312 | +€9,305 | +16.3% |
| Profit (loss) for the period | 9904 | €121,583 | €137,251 | +€15,668 | +12.9% |
| Transfer from tax-exempt reserves | 789 | €1,043 | €1,043 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €122,627 | €138,294 | +€15,668 | +12.8% |
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 29 October 2026 via checked.be.