DOCCARDIO: 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.
DOCCARDIO
Largest movements
- Cash +€176,871
up €176,871 (+203.4%), from €86,968 to €263,839
mainly Net result for the year (+€259,572) and Other debts (+€149,341)
- Current investments -€94,692
down €94,692 (-15.8%), from €599,999 to €505,307
- Tangible fixed assets -€51,218
down €51,218 (-3.2%), from €1.6m to €1.5m
of which Land and buildings: -€45,470
- Receivables within one year +€39,662
up €39,662 (+28.6%), from €138,680 to €178,342
of which Other amounts receivable: +€24,000
- Other debts +€149,341
up €149,341 (+19946.1%), from €749 to €150,089
- Debts after one year -€111,402
down €111,402 (-10.7%), from €1.0m to €930,738
- Reserves +€30,404
up €30,404 (+2.7%), from €1.1m to €1.2m
of which Distributable reserves: +€35,000
- Gross operating margin -€108,549
down €108,549 (-19.2%), from €564,675 to €456,126
- Taxes +€25,514
up €25,514 (+28.2%), from €90,538 to €116,052
- Financial charges +€19,662
up €19,662 (+87.3%), from €22,534 to €42,195
- Depreciation -€17,379
down €17,379 (-25.3%), from €68,598 to €51,218
- Financial income +€11,319
up €11,319 (+163.5%), from €6,923 to €18,243
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 | €2,412,152 | €2,482,483 | +€70,331 | +2.9% |
| Fixed assets | 21/28 | €1,583,707 | €1,532,488 | -€51,218 | -3.2% |
| Tangible fixed assets | 22/27 | €1,583,707 | €1,532,488 | -€51,218 | -3.2% |
| Land and buildings | 22 | €1,569,160 | €1,523,690 | -€45,470 | -2.9% |
| Plant, machinery and equipment | 23 | €2,037 | €1,764 | -€273 | -13.4% |
| Furniture and vehicles | 24 | €12,378 | €7,034 | -€5,343 | -43.2% |
| Other tangible fixed assets | 26 | €132 | - | -€132 | |
| Current assets | 29/58 | €828,445 | €949,995 | +€121,549 | +14.7% |
| Amounts receivable within one year | 40/41 | €138,680 | €178,342 | +€39,662 | +28.6% |
| Trade receivables | 40 | €122,262 | €137,924 | +€15,662 | +12.8% |
| Other amounts receivable | 41 | €16,418 | €40,418 | +€24,000 | +146.2% |
| Current investments | 50/53 | €599,999 | €505,307 | -€94,692 | -15.8% |
| Cash at bank and in hand | 54/58 | €86,968 | €263,839 | +€176,871 | +203.4% |
| Deferred charges and accrued income | 490/1 | €2,798 | €2,507 | -€291 | -10.4% |
| Total equity and liabilities | 10/49 | €2,412,152 | €2,482,483 | +€70,331 | +2.9% |
| Equity | 10/15 | €1,181,222 | €1,215,793 | +€34,572 | +2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,140,999 | €1,171,403 | +€30,404 | +2.7% |
| Tax-exempt reserves | 132 | €135,999 | €131,403 | -€4,596 | -3.4% |
| Distributable reserves | 133 | €1,005,000 | €1,040,000 | +€35,000 | +3.5% |
| Profit (loss) carried forward | 14 | €34,023 | €38,191 | +€4,168 | +12.3% |
| Provisions and deferred taxes | 16 | €45,333 | €43,801 | -€1,532 | -3.4% |
| Deferred taxes | 168 | €45,333 | €43,801 | -€1,532 | -3.4% |
| Amounts payable | 17/49 | €1,185,597 | €1,222,889 | +€37,292 | +3.1% |
| Amounts payable after more than one year | 17 | €1,042,140 | €930,738 | -€111,402 | -10.7% |
| Financial debts | 170/4 | €1,042,140 | €930,738 | -€111,402 | -10.7% |
| Amounts payable within one year | 42/48 | €143,091 | €291,772 | +€148,682 | +103.9% |
| Current portion of amounts payable after more than one year | 42 | €107,795 | €111,402 | +€3,607 | +3.3% |
| Trade debts | 44 | €3,694 | €2,811 | -€883 | -23.9% |
| Suppliers | 440/4 | €3,694 | €2,811 | -€883 | -23.9% |
| Taxes, remuneration and social security | 45 | €30,853 | €27,470 | -€3,384 | -11.0% |
| Taxes | 450/3 | €30,853 | €27,470 | -€3,384 | -11.0% |
| Other amounts payable | 47/48 | €749 | €150,089 | +€149,341 | +19946.1% |
| Accrued charges and deferred income | 492/3 | €367 | €379 | +€12 | +3.2% |
| Non-recurring operating income | 76A | €1,381 | - | -€1,381 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,598 | €51,218 | -€17,379 | -25.3% |
| Other operating charges | 640/8 | €4,248 | €6,737 | +€2,489 | +58.6% |
| Non-recurring operating charges | 66A | €126 | €127 | +€1 | +0.5% |
| Gross operating margin | 9900 | €564,675 | €456,126 | -€108,549 | -19.2% |
| Operating profit (loss) | 9901 | €491,703 | €398,044 | -€93,659 | -19.0% |
| Financial income | 75/76B | €6,923 | €18,243 | +€11,319 | +163.5% |
| Recurring financial income | 75 | €6,923 | €18,243 | +€11,319 | +163.5% |
| Financial charges | 65/66B | €22,534 | €42,195 | +€19,662 | +87.3% |
| Recurring financial charges | 65 | €22,534 | €42,195 | +€19,662 | +87.3% |
| Profit (loss) for the period before taxes | 9903 | €476,093 | €374,091 | -€102,001 | -21.4% |
| Transfer from deferred taxes | 780 | €676 | €1,532 | +€856 | +126.7% |
| Transfer to deferred taxes | 680 | €46,009 | - | -€46,009 | |
| Income taxes | 67/77 | €90,538 | €116,052 | +€25,514 | +28.2% |
| Profit (loss) for the period | 9904 | €340,222 | €259,572 | -€80,650 | -23.7% |
| Transfer from tax-exempt reserves | 789 | €2,027 | €4,596 | +€2,569 | +126.7% |
| Transfer to tax-exempt reserves | 689 | €138,026 | - | -€138,026 | |
| Profit (loss) for the period to be appropriated | 9905 | €204,223 | €264,168 | +€59,945 | +29.4% |
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 4 October 2026 via checked.be.