Docteur Bourgonjon: 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 Bourgonjon
Largest movements
- Cash +€22,402
up €22,402 (+364%), from €6,147 to €28,549
mainly Net result for the year (+€14,586) and Depreciation (+€8,004)
- Tangible fixed assets -€7,974
down €7,974 (-56.2%), from €14,185 to €6,210
of which Plant, machinery and equipment: -€7,813
- Receivables within one year -€3,768
down €3,768 (-100%), from €3,768 to €0
- Deferred charges and accrued income +€468
up €468 (+92.9%), from €504 to €971
- Profit (loss) carried forward +€14,586
up €14,586 (+20.7%), from -€70,622 to -€56,037
- Current portion of long-term debt -€4,683
down €4,683 (-100%), from €4,683 to €0
- Trade debts +€3,236
up €3,236 (+83.6%), from €3,871 to €7,106
- Accrued charges and deferred income -€1,814
down €1,814 (-100%), from €1,814 to €0
- Tax, wage and social debts -€476
down €476 (-100%), from €476 to €0
- Purchases and services -€140,703
no longer reported in 2025 (was €140,703)
- Turnover -€122,119
no longer reported in 2025 (was €122,119)
- Gross operating margin +€45,201
up €45,201, from -€18,585 to €26,616
- Depreciation -€4,863
down €4,863 (-37.8%), from €12,867 to €8,004
- Staff costs -€2,636
down €2,636 (-100%), from €2,636 to €0
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 | €24,603 | €35,731 | +€11,127 | +45.2% |
| Fixed assets | 21/28 | €14,185 | €6,210 | -€7,974 | -56.2% |
| Tangible fixed assets | 22/27 | €14,185 | €6,210 | -€7,974 | -56.2% |
| Plant, machinery and equipment | 23 | €12,653 | €4,840 | -€7,813 | -61.7% |
| Furniture and vehicles | 24 | €1,532 | €1,370 | -€161 | -10.5% |
| Current assets | 29/58 | €10,419 | €29,520 | +€19,102 | +183% |
| Amounts receivable within one year | 40/41 | €3,768 | €0 | -€3,768 | -100% |
| Trade receivables | 40 | €3,768 | €0 | -€3,768 | -100% |
| Cash at bank and in hand | 54/58 | €6,147 | €28,549 | +€22,402 | +364% |
| Deferred charges and accrued income | 490/1 | €504 | €971 | +€468 | +92.9% |
| Total equity and liabilities | 10/49 | €24,603 | €35,731 | +€11,127 | +45.2% |
| Equity | 10/15 | -€54,104 | -€39,518 | +€14,586 | +27.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €10,321 | €10,321 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,462 | €8,462 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,622 | -€56,037 | +€14,586 | +20.7% |
| Amounts payable | 17/49 | €78,707 | €75,248 | -€3,459 | -4.4% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €46,893 | €45,248 | -€1,645 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €4,683 | €0 | -€4,683 | -100% |
| Trade debts | 44 | €3,871 | €7,106 | +€3,236 | +83.6% |
| Suppliers | 440/4 | €3,871 | €7,106 | +€3,236 | +83.6% |
| Taxes, remuneration and social security | 45 | €476 | €0 | -€476 | -100% |
| Taxes | 450/3 | €476 | €0 | -€476 | -100% |
| Other amounts payable | 47/48 | €37,864 | €38,142 | +€279 | +0.7% |
| Accrued charges and deferred income | 492/3 | €1,814 | €0 | -€1,814 | -100% |
| Turnover | 70 | €122,119 | - | -€122,119 | |
| Non-recurring operating income | 76A | - | €30 | +€30 | |
| Goods, raw materials, services and sundry goods | 60/61 | €140,703 | - | -€140,703 | |
| Remuneration, social security and pensions | 62 | €2,636 | €0 | -€2,636 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,867 | €8,004 | -€4,863 | -37.8% |
| Other operating charges | 640/8 | €2,431 | €2,751 | +€320 | +13.2% |
| Non-recurring operating charges | 66A | €283 | €554 | +€271 | +95.7% |
| Gross operating margin | 9900 | -€18,585 | €26,616 | +€45,201 | |
| Operating profit (loss) | 9901 | -€36,802 | €15,307 | +€52,109 | |
| Financial income | 75/76B | €30 | €0 | -€30 | -100% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -100% |
| Financial charges | 65/66B | €361 | €721 | +€361 | +100.0% |
| Recurring financial charges | 65 | €361 | €721 | +€361 | +100.0% |
| Profit (loss) for the period before taxes | 9903 | -€37,133 | €14,586 | +€51,719 | |
| Income taxes | 67/77 | -€1,000 | €0 | +€1,000 | |
| Profit (loss) for the period | 9904 | -€36,133 | €14,586 | +€50,719 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,133 | €14,586 | +€50,719 |
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 14 October 2026 via checked.be.