DOCTEUR CAUBO: what changed
DOCTEUR CAUBO
Largest movements
- Tangible fixed assets +€56,104
up €56,104 (+195%), from €28,708 to €84,812
of which Leasing and similar rights: +€71,239
- Receivables within one year +€47,742
up €47,742 (+175%), from €27,204 to €74,946
of which Other amounts receivable: +€47,865
- Deferred charges and accrued income -€8,283
down €8,283 (-52.1%), from €15,901 to €7,619
- Debts after one year +€51,004
up €51,004 (+1,912%), from €2,668 to €53,672
- Reserves +€24,950
up €24,950 (+57.4%), from €43,459 to €68,409
of which Distributable reserves: +€24,950
- Profit (loss) carried forward +€12,806
up €12,806, from -€12,784 to €23
- Current portion of long-term debt +€4,418
up €4,418 (+27.7%), from €15,940 to €20,357
- Accrued charges and deferred income +€1,700
up €1,700 (+313%), from €543 to €2,243
- Gross operating margin +€20,351
up €20,351 (+36.0%), from €56,605 to €76,957
- Taxes +€15,351
up €15,351 (+4,910%), from €313 to €15,663
- Depreciation +€3,477
up €3,477 (+18.4%), from €18,908 to €22,386
- Financial income +€2,491
up €2,491 (+6,228,175%), from €0 to €2,491
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,058 | €167,584 | +€95,526 | +133% |
| Fixed assets | 21/28 | €28,708 | €84,812 | +€56,104 | +195% |
| Tangible fixed assets | 22/27 | €28,708 | €84,812 | +€56,104 | +195% |
| Plant, machinery and equipment | 23 | €22,488 | €8,196 | -€14,292 | -63.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | - | €71,239 | +€71,239 | |
| Other tangible fixed assets | 26 | €6,221 | €5,378 | -€843 | -13.5% |
| Current assets | 29/58 | €43,349 | €82,771 | +€39,422 | +90.9% |
| Amounts receivable within one year | 40/41 | €27,204 | €74,946 | +€47,742 | +175% |
| Trade receivables | 40 | €123 | €0 | -€122 | -99.8% |
| Other amounts receivable | 41 | €27,081 | €74,946 | +€47,865 | +177% |
| Cash at bank and in hand | 54/58 | €244 | €206 | -€38 | -15.4% |
| Deferred charges and accrued income | 490/1 | €15,901 | €7,619 | -€8,283 | -52.1% |
| Total equity and liabilities | 10/49 | €72,058 | €167,584 | +€95,526 | +133% |
| Equity | 10/15 | €43,075 | €80,832 | +€37,756 | +87.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €43,459 | €68,409 | +€24,950 | +57.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €43,459 | €68,409 | +€24,950 | +57.4% |
| Profit (loss) carried forward | 14 | -€12,784 | €23 | +€12,806 | |
| Amounts payable | 17/49 | €28,982 | €86,752 | +€57,769 | +199% |
| Amounts payable after more than one year | 17 | €2,668 | €53,672 | +€51,004 | +1,912% |
| Financial debts | 170/4 | €2,668 | €53,672 | +€51,004 | +1,912% |
| Amounts payable within one year | 42/48 | €25,772 | €30,837 | +€5,065 | +19.7% |
| Current portion of amounts payable after more than one year | 42 | €15,940 | €20,357 | +€4,418 | +27.7% |
| Financial debts | 43 | €4,459 | €5,279 | +€820 | +18.4% |
| Credit institutions | 430/8 | €4,459 | €5,279 | +€820 | +18.4% |
| Trade debts | 44 | €5,061 | €5,201 | +€140 | +2.8% |
| Suppliers | 440/4 | €5,061 | €5,201 | +€140 | +2.8% |
| Taxes, remuneration and social security | 45 | €313 | €0 | -€313 | -100% |
| Taxes | 450/3 | €313 | €0 | -€313 | -100% |
| Accrued charges and deferred income | 492/3 | €543 | €2,243 | +€1,700 | +313% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,908 | €22,386 | +€3,477 | +18.4% |
| Other operating charges | 640/8 | €1,548 | €1,046 | -€501 | -32.4% |
| Gross operating margin | 9900 | €56,605 | €76,957 | +€20,351 | +36.0% |
| Operating profit (loss) | 9901 | €36,149 | €53,524 | +€17,375 | +48.1% |
| Financial income | 75/76B | €0 | €2,491 | +€2,491 | +6,228,175% |
| Recurring financial income | 75 | €0 | €2,491 | +€2,491 | +6,228,175% |
| Financial charges | 65/66B | €2,177 | €2,596 | +€419 | +19.3% |
| Recurring financial charges | 65 | €2,177 | €2,596 | +€419 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €33,973 | €53,420 | +€19,447 | +57.2% |
| Income taxes | 67/77 | €313 | €15,663 | +€15,351 | +4,910% |
| Profit (loss) for the period | 9904 | €33,660 | €37,756 | +€4,097 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,660 | €37,756 | +€4,097 | +12.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.