DOCTEUR BALIGANT: 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.
DOCTEUR BALIGANT
Largest movements
- Cash +€44,310
up €44,310 (+15.5%), from €285,519 to €329,829
mainly Net result for the year (+€89,231) and Depreciation (+€6,641)
- Financial fixed assets +€25,000
up €25,000 (+100,847%), from €25 to €25,025
- Receivables within one year +€21,625
up €21,625 (+3,294%), from €657 to €22,281
- Tangible fixed assets -€6,641
down €6,641 (-6.9%), from €95,625 to €88,984
of which Land and buildings: -€3,787
- Reserves +€89,200
up €89,200 (+25.7%), from €346,860 to €436,060
- Gross operating margin -€29,103
down €29,103 (-17.7%), from €164,140 to €135,037
- Taxes -€7,932
down €7,932 (-17.5%), from €45,441 to €37,509
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 | €383,751 | €467,772 | +€84,021 | +21.9% |
| Fixed assets | 21/28 | €95,650 | €114,008 | +€18,359 | +19.2% |
| Tangible fixed assets | 22/27 | €95,625 | €88,984 | -€6,641 | -6.9% |
| Land and buildings | 22 | €87,912 | €84,125 | -€3,787 | -4.3% |
| Plant, machinery and equipment | 23 | €1,886 | €1,532 | -€355 | -18.8% |
| Furniture and vehicles | 24 | €5,827 | €3,327 | -€2,500 | -42.9% |
| Financial fixed assets | 28 | €25 | €25,025 | +€25,000 | +100,847% |
| Current assets | 29/58 | €288,101 | €353,764 | +€65,663 | +22.8% |
| Amounts receivable within one year | 40/41 | €657 | €22,281 | +€21,625 | +3,294% |
| Other amounts receivable | 41 | €657 | €22,281 | +€21,625 | +3,294% |
| Cash at bank and in hand | 54/58 | €285,519 | €329,829 | +€44,310 | +15.5% |
| Deferred charges and accrued income | 490/1 | €1,926 | €1,654 | -€272 | -14.1% |
| Total equity and liabilities | 10/49 | €383,751 | €467,772 | +€84,021 | +21.9% |
| Equity | 10/15 | €375,459 | €464,690 | +€89,231 | +23.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €346,860 | €436,060 | +€89,200 | +25.7% |
| Distributable reserves | 133 | €346,860 | €436,060 | +€89,200 | +25.7% |
| Profit (loss) carried forward | 14 | €9,999 | €10,030 | +€31 | +0.3% |
| Amounts payable | 17/49 | €8,291 | €3,082 | -€5,209 | -62.8% |
| Amounts payable within one year | 42/48 | €8,260 | €3,082 | -€5,178 | -62.7% |
| Trade debts | 44 | €167 | €181 | +€14 | +8.3% |
| Suppliers | 440/4 | €167 | €181 | +€14 | +8.3% |
| Taxes, remuneration and social security | 45 | €6,593 | €2,902 | -€3,691 | -56.0% |
| Taxes | 450/3 | €6,593 | €1,902 | -€4,691 | -71.2% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €1,500 | - | -€1,500 | |
| Accrued charges and deferred income | 492/3 | €32 | - | -€32 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,815 | €6,641 | +€826 | +14.2% |
| Other operating charges | 640/8 | €1,512 | €1,669 | +€157 | +10.4% |
| Gross operating margin | 9900 | €164,140 | €135,037 | -€29,103 | -17.7% |
| Operating profit (loss) | 9901 | €156,814 | €126,727 | -€30,087 | -19.2% |
| Financial income | 75/76B | €1,371 | €624 | -€747 | -54.5% |
| Recurring financial income | 75 | €1,371 | €624 | -€747 | -54.5% |
| Financial charges | 65/66B | €681 | €611 | -€71 | -10.4% |
| Recurring financial charges | 65 | €681 | €611 | -€71 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €157,503 | €126,740 | -€30,763 | -19.5% |
| Income taxes | 67/77 | €45,441 | €37,509 | -€7,932 | -17.5% |
| Profit (loss) for the period | 9904 | €112,062 | €89,231 | -€22,831 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €112,062 | €89,231 | -€22,831 | -20.4% |
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 28 October 2026 via checked.be.