DOCTEUR HECHTERMANS: 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 HECHTERMANS
Largest movements
- Cash +€11,427
up €11,427 (+173%), from €6,605 to €18,032
mainly Net result for the year (+€7,440) and Depreciation (+€7,212)
- Deferred charges and accrued income +€5,188
up €5,188 (+185%), from €2,801 to €7,989
- Tangible fixed assets -€4,795
down €4,795 (-64.1%), from €7,482 to €2,687
of which Plant, machinery and equipment: -€5,107
- Receivables within one year -€2,483
down €2,483 (-9.5%), from €26,090 to €23,607
- Reserves +€7,440
up €7,440 (+28.4%), from €26,222 to €33,662
- Trade debts +€2,437
up €2,437 (+269%), from €907 to €3,344
- Tax, wage and social debts -€909
down €909 (-8.3%), from €10,953 to €10,044
of which Taxes: -€7,547
- Gross operating margin +€27,405
up €27,405 (+44.7%), from €61,287 to €88,692
- Staff costs +€10,786
up €10,786 (+17.6%), from €61,151 to €71,937
- Taxes +€1,603
new in 2025: €1,603
- Financial income -€1,507
no longer reported in 2025 (was €1,507)
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 | €44,082 | €53,050 | +€8,968 | +20.3% |
| Formation expenses | 20 | €1,104 | €735 | -€368 | -33.4% |
| Fixed assets | 21/28 | €7,482 | €2,687 | -€4,795 | -64.1% |
| Tangible fixed assets | 22/27 | €7,482 | €2,687 | -€4,795 | -64.1% |
| Plant, machinery and equipment | 23 | €5,107 | - | -€5,107 | |
| Furniture and vehicles | 24 | €2,375 | €2,687 | +€312 | +13.1% |
| Current assets | 29/58 | €35,496 | €49,627 | +€14,131 | +39.8% |
| Amounts receivable within one year | 40/41 | €26,090 | €23,607 | -€2,483 | -9.5% |
| Other amounts receivable | 41 | €26,090 | €23,607 | -€2,483 | -9.5% |
| Cash at bank and in hand | 54/58 | €6,605 | €18,032 | +€11,427 | +173% |
| Deferred charges and accrued income | 490/1 | €2,801 | €7,989 | +€5,188 | +185% |
| Total equity and liabilities | 10/49 | €44,082 | €53,050 | +€8,968 | +20.3% |
| Equity | 10/15 | €32,222 | €39,662 | +€7,440 | +23.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €26,222 | €33,662 | +€7,440 | +28.4% |
| Distributable reserves | 133 | €26,222 | €33,662 | +€7,440 | +28.4% |
| Amounts payable | 17/49 | €11,860 | €13,387 | +€1,528 | +12.9% |
| Amounts payable within one year | 42/48 | €11,860 | €13,387 | +€1,528 | +12.9% |
| Trade debts | 44 | €907 | €3,344 | +€2,437 | +269% |
| Suppliers | 440/4 | €907 | €3,344 | +€2,437 | +269% |
| Taxes, remuneration and social security | 45 | €10,953 | €10,044 | -€909 | -8.3% |
| Taxes | 450/3 | €9,151 | €1,603 | -€7,547 | -82.5% |
| Remuneration and social security | 454/9 | €1,802 | €8,441 | +€6,639 | +368% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Remuneration, social security and pensions | 62 | €61,151 | €71,937 | +€10,786 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,020 | €7,212 | +€192 | +2.7% |
| Other operating charges | 640/8 | €1,203 | €400 | -€804 | -66.8% |
| Gross operating margin | 9900 | €61,287 | €88,692 | +€27,405 | +44.7% |
| Operating profit (loss) | 9901 | -€8,087 | €9,144 | +€17,231 | |
| Financial income | 75/76B | €1,507 | - | -€1,507 | |
| Recurring financial income | 75 | €1,507 | - | -€1,507 | |
| Financial charges | 65/66B | €454 | €100 | -€353 | -77.9% |
| Recurring financial charges | 65 | €454 | €100 | -€353 | -77.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,033 | €9,043 | +€16,077 | |
| Income taxes | 67/77 | - | €1,603 | +€1,603 | |
| Profit (loss) for the period | 9904 | -€7,033 | €7,440 | +€14,473 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,033 | €7,440 | +€14,473 |
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.