Dr. Viktor Verplaetse: 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. Viktor Verplaetse
Largest movements
- Cash +€263,291
up €263,291 (+166%), from €158,654 to €421,945
mainly Net result for the year (+€261,390) and Depreciation (+€1,558)
- Profit (loss) carried forward +€261,944
up €261,944 (+171%), from €153,034 to €414,978
- Gross operating margin +€145,828
up €145,828 (+72.6%), from €200,798 to €346,627
- Taxes +€36,813
up €36,813 (+81.4%), from €45,228 to €82,041
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 | €162,823 | €424,556 | +€261,732 | +161% |
| Fixed assets | 21/28 | €4,169 | €2,611 | -€1,558 | -37.4% |
| Tangible fixed assets | 22/27 | €4,169 | €2,611 | -€1,558 | -37.4% |
| Furniture and vehicles | 24 | €4,169 | €2,611 | -€1,558 | -37.4% |
| Current assets | 29/58 | €158,654 | €421,945 | +€263,291 | +166% |
| Cash at bank and in hand | 54/58 | €158,654 | €421,945 | +€263,291 | +166% |
| Total equity and liabilities | 10/49 | €162,823 | €424,556 | +€261,732 | +161% |
| Equity | 10/15 | €156,734 | €418,678 | +€261,944 | +167% |
| Contributions | 10/11 | €3,700 | €3,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,034 | €414,978 | +€261,944 | +171% |
| Amounts payable | 17/49 | €6,089 | €5,877 | -€212 | -3.5% |
| Amounts payable within one year | 42/48 | €6,089 | €5,877 | -€212 | -3.5% |
| Trade debts | 44 | €1,518 | €464 | -€1,054 | -69.5% |
| Suppliers | 440/4 | €1,518 | €464 | -€1,054 | -69.5% |
| Taxes, remuneration and social security | 45 | €2,591 | €3,098 | +€506 | +19.5% |
| Taxes | 450/3 | €2,591 | €3,098 | +€506 | +19.5% |
| Other amounts payable | 47/48 | €1,981 | €2,316 | +€335 | +16.9% |
| Remuneration, social security and pensions | 62 | €1,741 | €1,576 | -€165 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €506 | €1,558 | +€1,052 | +208% |
| Other operating charges | 640/8 | €219 | €298 | +€79 | +36.1% |
| Gross operating margin | 9900 | €200,798 | €346,627 | +€145,828 | +72.6% |
| Operating profit (loss) | 9901 | €198,332 | €343,194 | +€144,862 | +73.0% |
| Financial income | 75/76B | - | €334 | +€334 | |
| Recurring financial income | 75 | - | €334 | +€334 | |
| Financial charges | 65/66B | €71 | €98 | +€27 | +38.2% |
| Recurring financial charges | 65 | €71 | €98 | +€27 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €198,262 | €343,431 | +€145,170 | +73.2% |
| Income taxes | 67/77 | €45,228 | €82,041 | +€36,813 | +81.4% |
| Profit (loss) for the period | 9904 | €153,034 | €261,390 | +€108,356 | +70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €153,034 | €261,390 | +€108,356 | +70.8% |
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 23 October 2026 via checked.be.