DOCTEUR D.THIRY: 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 D.THIRY
Largest movements
- Receivables within one year +€66,040
up €66,040 (+66.2%), from €99,751 to €165,791
- Cash -€64,125
down €64,125 (-12.7%), from €503,364 to €439,239
- Tangible fixed assets -€9,786
down €9,786 (-19.2%), from €50,965 to €41,178
of which Land and buildings: -€7,797
- Reserves -€150,860
down €150,860 (-20.8%), from €723,610 to €572,750
of which Distributable reserves: -€149,000
- Debts after one year +€84,796
new in 2024: €84,796
- Tax, wage and social debts +€39,562
up €39,562 (+617%), from €6,413 to €45,975
- Current portion of long-term debt +€20,566
up €20,566 (+337%), from €6,105 to €26,670
- Turnover +€237,838
new in 2024: €237,838
- Purchases and services +€74,834
new in 2024: €74,834
- Gross operating margin +€24,215
up €24,215 (+17.4%), from €138,788 to €163,003
- Taxes +€17,326
up €17,326 (+62.7%), from €27,613 to €44,939
- Depreciation -€11,857
down €11,857 (-80.4%), from €14,747 to €2,890
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €750,072 | €748,307 | -€1,765 | -0.2% |
| Fixed assets | 21/28 | €50,965 | €41,178 | -€9,786 | -19.2% |
| Tangible fixed assets | 22/27 | €50,965 | €41,178 | -€9,786 | -19.2% |
| Land and buildings | 22 | €45,686 | €37,889 | -€7,797 | -17.1% |
| Plant, machinery and equipment | 23 | €989 | €227 | -€762 | -77.1% |
| Furniture and vehicles | 24 | €4,290 | €3,063 | -€1,227 | -28.6% |
| Current assets | 29/58 | €699,108 | €707,129 | +€8,021 | +1.1% |
| Amounts receivable within one year | 40/41 | €99,751 | €165,791 | +€66,040 | +66.2% |
| Other amounts receivable | 41 | €99,751 | €165,791 | +€66,040 | +66.2% |
| Current investments | 50/53 | €30,000 | €30,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €503,364 | €439,239 | -€64,125 | -12.7% |
| Deferred charges and accrued income | 490/1 | €65,992 | €72,099 | +€6,107 | +9.3% |
| Total equity and liabilities | 10/49 | €750,072 | €748,307 | -€1,765 | -0.2% |
| Equity | 10/15 | €736,781 | €588,252 | -€148,529 | -20.2% |
| Contributions | 10/11 | €12,400 | €14,260 | +€1,860 | +15.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €723,610 | €572,750 | -€150,860 | -20.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €703,000 | €554,000 | -€149,000 | -21.2% |
| Profit (loss) carried forward | 14 | €771 | €1,242 | +€471 | +61.1% |
| Amounts payable | 17/49 | €13,291 | €160,055 | +€146,764 | +1,104% |
| Amounts payable after more than one year | 17 | - | €84,796 | +€84,796 | |
| Financial debts | 170/4 | - | €84,796 | +€84,796 | |
| Amounts payable within one year | 42/48 | €13,291 | €72,826 | +€59,535 | +448% |
| Current portion of amounts payable after more than one year | 42 | €6,105 | €26,670 | +€20,566 | +337% |
| Trade debts | 44 | €773 | €180 | -€593 | -76.7% |
| Suppliers | 440/4 | €773 | €180 | -€593 | -76.7% |
| Taxes, remuneration and social security | 45 | €6,413 | €45,975 | +€39,562 | +617% |
| Taxes | 450/3 | €6,413 | €45,975 | +€39,562 | +617% |
| Accrued charges and deferred income | 492/3 | - | €2,434 | +€2,434 | |
| Turnover | 70 | - | €237,838 | +€237,838 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €74,834 | +€74,834 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,747 | €2,890 | -€11,857 | -80.4% |
| Other operating charges | 640/8 | €1,519 | €3,040 | +€1,521 | +100% |
| Non-recurring operating charges | 66A | €62 | - | -€62 | |
| Gross operating margin | 9900 | €138,788 | €163,003 | +€24,215 | +17.4% |
| Operating profit (loss) | 9901 | €122,461 | €157,073 | +€34,613 | +28.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €849 | €5,895 | +€5,046 | +594% |
| Recurring financial charges | 65 | €849 | €5,895 | +€5,046 | +594% |
| Profit (loss) for the period before taxes | 9903 | €121,612 | €151,179 | +€29,566 | +24.3% |
| Income taxes | 67/77 | €27,613 | €44,939 | +€17,326 | +62.7% |
| Profit (loss) for the period | 9904 | €93,999 | €106,239 | +€12,240 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €93,999 | €106,239 | +€12,240 | +13.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.