DOCTEUR BAUVIGNET: 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 BAUVIGNET
Largest movements
- Tangible fixed assets -€12,088
down €12,088 (-10.9%), from €111,279 to €99,191
of which Assets under construction and advance payments: -€35,500
- Receivables within one year +€2,021
up €2,021 (+195%), from €1,039 to €3,060
of which Trade receivables: +€1,884
- Debts after one year -€9,000
down €9,000 (-16.7%), from €54,000 to €45,000
- Profit (loss) carried forward -€3,580
down €3,580, from €1,672 to -€1,907
- Trade debts +€1,377
up €1,377 (+138%), from €994 to €2,371
- Gross operating margin +€15,634
up €15,634, from -€1,385 to €14,249
- Other operating charges +€640
up €640 (+13.5%), from €4,727 to €5,367
- Depreciation -€244
down €244 (-2.0%), from €12,332 to €12,088
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 | €115,918 | €104,939 | -€10,979 | -9.5% |
| Fixed assets | 21/28 | €111,279 | €99,191 | -€12,088 | -10.9% |
| Tangible fixed assets | 22/27 | €111,279 | €99,191 | -€12,088 | -10.9% |
| Land and buildings | 22 | €66,567 | €62,018 | -€4,549 | -6.8% |
| Plant, machinery and equipment | 23 | €3,652 | €37,157 | +€33,505 | +917% |
| Furniture and vehicles | 24 | €5,560 | €15 | -€5,545 | -99.7% |
| Assets under construction and advance payments | 27 | €35,500 | - | -€35,500 | |
| Current assets | 29/58 | €4,639 | €5,748 | +€1,109 | +23.9% |
| Amounts receivable within one year | 40/41 | €1,039 | €3,060 | +€2,021 | +195% |
| Trade receivables | 40 | €202 | €2,086 | +€1,884 | +932% |
| Other amounts receivable | 41 | €837 | €973 | +€137 | +16.3% |
| Cash at bank and in hand | 54/58 | €2,733 | €1,766 | -€968 | -35.4% |
| Deferred charges and accrued income | 490/1 | €867 | €923 | +€56 | +6.5% |
| Total equity and liabilities | 10/49 | €115,918 | €104,939 | -€10,979 | -9.5% |
| Equity | 10/15 | €60,272 | €56,693 | -€3,580 | -5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,672 | -€1,907 | -€3,580 | |
| Amounts payable | 17/49 | €55,646 | €48,246 | -€7,399 | -13.3% |
| Amounts payable after more than one year | 17 | €54,000 | €45,000 | -€9,000 | -16.7% |
| Other amounts payable | 178/9 | €54,000 | €45,000 | -€9,000 | -16.7% |
| Amounts payable within one year | 42/48 | €1,646 | €3,179 | +€1,534 | +93.2% |
| Trade debts | 44 | €994 | €2,371 | +€1,377 | +138% |
| Suppliers | 440/4 | €994 | €2,371 | +€1,377 | +138% |
| Advances received on contracts in progress | 46 | - | €525 | +€525 | |
| Taxes, remuneration and social security | 45 | €189 | €178 | -€11 | -5.9% |
| Taxes | 450/3 | €189 | €178 | -€11 | -5.9% |
| Other amounts payable | 47/48 | €462 | €105 | -€357 | -77.3% |
| Accrued charges and deferred income | 492/3 | - | €67 | +€67 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,332 | €12,088 | -€244 | -2.0% |
| Other operating charges | 640/8 | €4,727 | €5,367 | +€640 | +13.5% |
| Gross operating margin | 9900 | -€1,385 | €14,249 | +€15,634 | |
| Operating profit (loss) | 9901 | -€18,445 | -€3,206 | +€15,239 | +82.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €194 | €287 | +€93 | +47.9% |
| Recurring financial charges | 65 | €194 | €287 | +€93 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,639 | -€3,493 | +€15,145 | +81.3% |
| Income taxes | 67/77 | €92 | €86 | -€6 | -6.1% |
| Profit (loss) for the period | 9904 | -€18,731 | -€3,580 | +€15,151 | +80.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,731 | -€3,580 | +€15,151 | +80.9% |
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 26 October 2026 via checked.be.