Doc Lo: what changed
Two fiscal 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.
Doc Lo
Largest movements
- Receivables within one year -€6,286
down €6,286 (-53.8%), from €11,692 to €5,406
- Tangible fixed assets +€1,615
up €1,615 (+103.9%), from €1,555 to €3,170
of which Furniture and vehicles: +€1,869
- Cash +€738
up €738 (+1.4%), from €54,278 to €55,016
mainly Net result for the year (+€55,313) and Other debts (+€50,139)
- Profit (loss) carried forward -€53,571
no longer reported in 2025 (was €53,571)
- Other debts +€50,139
up €50,139 (+524.4%), from €9,560 to €59,700
- Current portion of long-term debt -€972
no longer reported in 2025 (was €972)
- Depreciation -€4,640
down €4,640 (-92.7%), from €5,004 to €364
- Gross operating margin -€4,048
down €4,048 (-5.3%), from €76,087 to €72,039
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.
Cash bridge derived
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 | €69,103 | €65,370 | -€3,734 | -5.4% |
| Fixed assets | 21/28 | €1,555 | €3,170 | +€1,615 | +103.9% |
| Tangible fixed assets | 22/27 | €1,555 | €3,170 | +€1,615 | +103.9% |
| Plant, machinery and equipment | 23 | €1,555 | €1,301 | -€254 | -16.3% |
| Furniture and vehicles | 24 | - | €1,869 | +€1,869 | |
| Current assets | 29/58 | €67,549 | €62,200 | -€5,349 | -7.9% |
| Amounts receivable within one year | 40/41 | €11,692 | €5,406 | -€6,286 | -53.8% |
| Other amounts receivable | 41 | €11,692 | €5,406 | -€6,286 | -53.8% |
| Cash at bank and in hand | 54/58 | €54,278 | €55,016 | +€738 | +1.4% |
| Deferred charges and accrued income | 490/1 | €1,579 | €1,777 | +€198 | +12.6% |
| Total equity and liabilities | 10/49 | €69,103 | €65,370 | -€3,734 | -5.4% |
| Equity | 10/15 | €58,571 | €5,000 | -€53,571 | -91.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,571 | - | -€53,571 | |
| Amounts payable | 17/49 | €10,532 | €60,370 | +€49,838 | +473.2% |
| Amounts payable within one year | 42/48 | €10,532 | €60,370 | +€49,838 | +473.2% |
| Current portion of amounts payable after more than one year | 42 | €972 | - | -€972 | |
| Trade debts | 44 | - | €670 | +€670 | |
| Suppliers | 440/4 | - | €670 | +€670 | |
| Other amounts payable | 47/48 | €9,560 | €59,700 | +€50,139 | +524.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,004 | €364 | -€4,640 | -92.7% |
| Other operating charges | 640/8 | €1,296 | €939 | -€357 | -27.6% |
| Gross operating margin | 9900 | €76,087 | €72,039 | -€4,048 | -5.3% |
| Operating profit (loss) | 9901 | €69,787 | €70,737 | +€950 | +1.4% |
| Financial income | 75/76B | - | €323 | +€323 | |
| Recurring financial income | 75 | - | €323 | +€323 | |
| Financial charges | 65/66B | €138 | €429 | +€290 | +210.0% |
| Recurring financial charges | 65 | €138 | €429 | +€290 | +210.0% |
| Profit (loss) for the period before taxes | 9903 | €69,649 | €70,631 | +€982 | +1.4% |
| Income taxes | 67/77 | €16,078 | €15,318 | -€759 | -4.7% |
| Profit (loss) for the period | 9904 | €53,571 | €55,313 | +€1,741 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €53,571 | €55,313 | +€1,741 | +3.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.