Ignace Van De Veire: what changed
What changed
Ignace Van De Veire
NACE 86.230, Dental practice
filed annual accounts (NBB)
Net result for the year
€729,291
2024 · €504,932+€224,359
Equity
€2.9m
2024 · €2.1m+€729,291
Cash
€667,612
2024 · €462,630+€204,981
Balance sheet total
€4.6m
2024 · €3.8m+€807,284
Largest movements
Assets
- Tangible fixed assets +€401,316
up €401,316 (+12.8%), from €3.1m to €3.5m
of which Land and buildings: +€283,886
- Cash +€204,981
up €204,981 (+44.3%), from €462,630 to €667,612
mainly Net result for the year (+€729,291) and Debts after one year (+€200,696)
- Current investments +€157,263
up €157,263 (+93.7%), from €167,882 to €325,145
Equity and liabilities
- Reserves +€729,291
up €729,291 (+34.9%), from €2.1m to €2.8m
of which Distributable reserves: +€729,291
- Other debts -€205,367
down €205,367 (-90.1%), from €228,030 to €22,663
- Debts after one year +€200,696
up €200,696 (+20.2%), from €991,598 to €1.2m
- Trade debts +€60,854
up €60,854 (+383%), from €15,873 to €76,727
Income statement
- Gross operating margin +€455,346
up €455,346 (+39.0%), from €1.2m to €1.6m
- Taxes +€127,925
up €127,925 (+52.9%), from €241,663 to €369,588
- Staff costs +€58,352
up €58,352 (+31.6%), from €184,560 to €242,912
- Other operating charges +€32,341
up €32,341 (+425%), from €7,605 to €39,946
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.
Result 2024
€504,932
Gross operating margin
+€455,346
Staff costs
-€58,352
Depreciation
-€2,974
Other operating charges
-€32,341
Financial income
-€1,204
Financial charges
-€8,191
Taxes
-€127,925
Result 2025
€729,291
raises the resultlowers the result
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.
From operations
+€794,586
Investment
-€748,672
Financing
+€159,067
Cash 2024
€462,630
From operations (derived)
+€794,586
Net result for the year
+€729,291
Depreciation
+€190,093
Receivables within one year
-€46,222
Deferred charges and accrued income
+€2,499
Trade debts
+€60,854
Tax, wage and social debts
+€42,848
Advances received
+€20,385
Other debts
-€205,367
Accrued charges and deferred income
+€206
Investment (derived)
-€748,672
Investment in fixed assets (net)
-€591,409
Current investments
-€157,263
Financing
+€159,067
Debts after one year
+€200,696
Current portion of long-term debt
-€41,628
Cash 2025
€667,612
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,825,445 | €4,632,729 | +€807,284 | +21.1% |
| Fixed assets | 21/28 | €3,140,219 | €3,541,535 | +€401,316 | +12.8% |
| Tangible fixed assets | 22/27 | €3,125,219 | €3,526,535 | +€401,316 | +12.8% |
| Land and buildings | 22 | €3,018,240 | €3,302,126 | +€283,886 | +9.4% |
| Plant, machinery and equipment | 23 | €28,074 | €38,144 | +€10,070 | +35.9% |
| Furniture and vehicles | 24 | €78,905 | €93,945 | +€15,040 | +19.1% |
| Assets under construction and advance payments | 27 | - | €92,320 | +€92,320 | |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €685,226 | €1,091,194 | +€405,968 | +59.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €43,257 | €89,479 | +€46,222 | +107% |
| Trade receivables | 40 | €0 | €1,222 | +€1,222 | |
| Other amounts receivable | 41 | €43,257 | €88,257 | +€45,000 | +104% |
| Current investments | 50/53 | €167,882 | €325,145 | +€157,263 | +93.7% |
| Cash at bank and in hand | 54/58 | €462,630 | €667,612 | +€204,981 | +44.3% |
| Deferred charges and accrued income | 490/1 | €11,458 | €8,959 | -€2,499 | -21.8% |
| Total equity and liabilities | 10/49 | €3,825,445 | €4,632,729 | +€807,284 | +21.1% |
| Equity | 10/15 | €2,121,525 | €2,850,816 | +€729,291 | +34.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €2,091,525 | €2,820,816 | +€729,291 | +34.9% |
| Tax-exempt reserves | 132 | €17,398 | €17,398 | = | 0.0% |
| Distributable reserves | 133 | €2,074,127 | €2,803,418 | +€729,291 | +35.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,703,920 | €1,781,913 | +€77,993 | +4.6% |
| Amounts payable after more than one year | 17 | €991,598 | €1,192,294 | +€200,696 | +20.2% |
| Financial debts | 170/4 | €991,598 | €1,192,294 | +€200,696 | +20.2% |
| Amounts payable within one year | 42/48 | €711,535 | €588,627 | -€122,909 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €253,173 | €211,545 | -€41,628 | -16.4% |
| Trade debts | 44 | €15,873 | €76,727 | +€60,854 | +383% |
| Suppliers | 440/4 | €15,873 | €76,727 | +€60,854 | +383% |
| Advances received on contracts in progress | 46 | €5,881 | €26,266 | +€20,385 | +347% |
| Taxes, remuneration and social security | 45 | €208,578 | €251,426 | +€42,848 | +20.5% |
| Taxes | 450/3 | €188,704 | €214,755 | +€26,050 | +13.8% |
| Remuneration and social security | 454/9 | €19,874 | €36,671 | +€16,797 | +84.5% |
| Other amounts payable | 47/48 | €228,030 | €22,663 | -€205,367 | -90.1% |
| Accrued charges and deferred income | 492/3 | €786 | €992 | +€206 | +26.2% |
| Non-recurring operating income | 76A | €10,324 | €8,264 | -€2,060 | -20.0% |
| Remuneration, social security and pensions | 62 | €184,560 | €242,912 | +€58,352 | +31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €187,119 | €190,093 | +€2,974 | +1.6% |
| Other operating charges | 640/8 | €7,605 | €39,946 | +€32,341 | +425% |
| Gross operating margin | 9900 | €1,166,840 | €1,622,186 | +€455,346 | +39.0% |
| Operating profit (loss) | 9901 | €787,556 | €1,149,234 | +€361,679 | +45.9% |
| Financial income | 75/76B | €1,234 | €30 | -€1,204 | -97.5% |
| Recurring financial income | 75 | €1,234 | €30 | -€1,204 | -97.5% |
| Financial charges | 65/66B | €42,195 | €50,386 | +€8,191 | +19.4% |
| Recurring financial charges | 65 | €42,195 | €50,386 | +€8,191 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | €746,595 | €1,098,879 | +€352,284 | +47.2% |
| Income taxes | 67/77 | €241,663 | €369,588 | +€127,925 | +52.9% |
| Profit (loss) for the period | 9904 | €504,932 | €729,291 | +€224,359 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €504,932 | €729,291 | +€224,359 | +44.4% |
Next steps
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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 8 November 2026 via checked.be.