Kine Douwen: what changed
What changed
Kine Douwen
NACE 86.951, Physiotherapy
filed annual accounts (NBB)
Net result for the year
€80,785
2024 · €52,097+€28,688
Equity
€52,441
2024 · €118,016-€65,575
Cash
€102,701
2024 · €69,804+€32,897
Balance sheet total
€408,822
2024 · €484,367-€75,545
Largest movements
Assets
- Receivables within one year -€46,251
down €46,251 (-94.4%), from €49,000 to €2,749
- Current investments -€40,000
down €40,000 (-100%), from €40,000 to €0
- Cash +€32,897
up €32,897 (+47.1%), from €69,804 to €102,701
mainly Net result for the year (+€80,785) and Receivables within one year (+€46,251)
- Tangible fixed assets -€23,693
down €23,693 (-8.1%), from €292,410 to €268,717
Equity and liabilities
- Reserves -€65,575
down €65,575 (-58.0%), from €113,016 to €47,441
- Tax, wage and social debts -€25,041
down €25,041 (-80.2%), from €31,216 to €6,175
of which Taxes: -€22,893
- Accrued charges and deferred income +€24,177
up €24,177 (+9,217%), from €262 to €24,440
- Debts after one year -€22,331
down €22,331 (-9.7%), from €230,525 to €208,194
- Other debts +€11,252
up €11,252 (+15.8%), from €71,362 to €82,614
Income statement
- Gross operating margin +€37,666
up €37,666 (+35.3%), from €106,804 to €144,471
- Taxes +€5,416
up €5,416 (+33.6%), from €16,120 to €21,536
- Financial income -€1,877
down €1,877 (-44.7%), from €4,202 to €2,326
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
€52,097
Gross operating margin
+€37,666
Depreciation
-€54
Other operating charges
-€1,006
Other operating items
-€816
Financial income
-€1,877
Financial charges
+€191
Taxes
-€5,416
Result 2025
€80,785
raises the resultlowers the resultnot broken down further in the accounts
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
+€171,148
Investment
+€28,241
Financing
-€166,491
Cash 2024
€69,804
From operations (derived)
+€171,148
Net result for the year
+€80,785
Depreciation
+€35,453
Receivables within one year
+€46,251
Deferred charges and accrued income
-€1,503
Trade debts
-€227
Tax, wage and social debts
-€25,041
Other debts
+€11,252
Accrued charges and deferred income
+€24,177
Investment (derived)
+€28,241
Investment in fixed assets (net)
-€11,760
Current investments
+€40,000
Financing
-€166,491
Debts after one year
-€22,331
Current portion of long-term debt
-€2,856
Short-term financial debts
+€5,055
Contributions, distributions and other
-€146,360
Cash 2025
€102,701
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €484,367 | €408,822 | -€75,545 | -15.6% |
| Fixed assets | 21/28 | €292,410 | €268,717 | -€23,693 | -8.1% |
| Tangible fixed assets | 22/27 | €292,410 | €268,717 | -€23,693 | -8.1% |
| Land and buildings | 22 | €225,422 | €218,131 | -€7,291 | -3.2% |
| Plant, machinery and equipment | 23 | €31,566 | €26,216 | -€5,350 | -16.9% |
| Furniture and vehicles | 24 | €35,422 | €24,370 | -€11,052 | -31.2% |
| Current assets | 29/58 | €191,957 | €140,105 | -€51,851 | -27.0% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,000 | €2,749 | -€46,251 | -94.4% |
| Other amounts receivable | 41 | €49,000 | €2,749 | -€46,251 | -94.4% |
| Current investments | 50/53 | €40,000 | €0 | -€40,000 | -100% |
| Cash at bank and in hand | 54/58 | €69,804 | €102,701 | +€32,897 | +47.1% |
| Deferred charges and accrued income | 490/1 | €3,153 | €4,656 | +€1,503 | +47.7% |
| Total equity and liabilities | 10/49 | €484,367 | €408,822 | -€75,545 | -15.6% |
| Equity | 10/15 | €118,016 | €52,441 | -€65,575 | -55.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €113,016 | €47,441 | -€65,575 | -58.0% |
| Distributable reserves | 133 | €113,016 | €47,441 | -€65,575 | -58.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €366,351 | €356,381 | -€9,970 | -2.7% |
| Amounts payable after more than one year | 17 | €230,525 | €208,194 | -€22,331 | -9.7% |
| Financial debts | 170/4 | €230,525 | €208,194 | -€22,331 | -9.7% |
| Amounts payable within one year | 42/48 | €135,564 | €123,747 | -€11,817 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €25,819 | €22,963 | -€2,856 | -11.1% |
| Financial debts | 43 | - | €5,055 | +€5,055 | |
| Credit institutions | 430/8 | - | €5,055 | +€5,055 | |
| Trade debts | 44 | €7,167 | €6,941 | -€227 | -3.2% |
| Suppliers | 440/4 | €7,167 | €6,941 | -€227 | -3.2% |
| Taxes, remuneration and social security | 45 | €31,216 | €6,175 | -€25,041 | -80.2% |
| Taxes | 450/3 | €29,068 | €6,175 | -€22,893 | -78.8% |
| Remuneration and social security | 454/9 | €2,148 | €0 | -€2,148 | -100% |
| Other amounts payable | 47/48 | €71,362 | €82,614 | +€11,252 | +15.8% |
| Accrued charges and deferred income | 492/3 | €262 | €24,440 | +€24,177 | +9,217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,399 | €35,453 | +€54 | +0.2% |
| Other operating charges | 640/8 | €2,889 | €3,895 | +€1,006 | +34.8% |
| Non-recurring operating charges | 66A | - | €816 | +€816 | |
| Gross operating margin | 9900 | €106,804 | €144,471 | +€37,666 | +35.3% |
| Operating profit (loss) | 9901 | €68,516 | €104,306 | +€35,790 | +52.2% |
| Financial income | 75/76B | €4,202 | €2,326 | -€1,877 | -44.7% |
| Recurring financial income | 75 | €4,202 | €2,326 | -€1,877 | -44.7% |
| Financial charges | 65/66B | €4,502 | €4,311 | -€191 | -4.2% |
| Recurring financial charges | 65 | €4,502 | €4,311 | -€191 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €68,217 | €102,321 | +€34,104 | +50.0% |
| Income taxes | 67/77 | €16,120 | €21,536 | +€5,416 | +33.6% |
| Profit (loss) for the period | 9904 | €52,097 | €80,785 | +€28,688 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,097 | €80,785 | +€28,688 | +55.1% |
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 3 November 2026 via checked.be.