DOCTEUR PASCAL LENOIR: 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 PASCAL LENOIR
Largest movements
- Cash -€40,317
down €40,317 (-26.2%), from €153,800 to €113,483
mainly Investment in fixed assets (net) (-€46,347) and Tax, wage and social debts (-€6,247)
- Tangible fixed assets +€33,411
up €33,411 (+103%), from €32,284 to €65,695
of which Plant, machinery and equipment: +€24,641
- Receivables within one year -€8,866
no longer reported in 2025 (was €8,866)
of which Trade receivables: -€4,900
- Tax, wage and social debts -€6,247
down €6,247 (-63.8%), from €9,798 to €3,550
of which Remuneration and social security: -€6,544
- Profit (loss) carried forward -€3,681
new in 2025: -€3,681
- Trade debts -€3,634
down €3,634 (-96.9%), from €3,751 to €117
- Gross operating margin -€79,381
down €79,381 (-88.8%), from €89,399 to €10,017
- Taxes -€22,934
down €22,934 (-98.4%), from €23,307 to €373
- Depreciation +€5,403
up €5,403 (+71.7%), from €7,533 to €12,936
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 | €208,442 | €193,047 | -€15,395 | -7.4% |
| Fixed assets | 21/28 | €32,333 | €65,744 | +€33,411 | +103% |
| Tangible fixed assets | 22/27 | €32,284 | €65,695 | +€33,411 | +103% |
| Plant, machinery and equipment | 23 | - | €24,641 | +€24,641 | |
| Other tangible fixed assets | 26 | €32,284 | €41,054 | +€8,770 | +27.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €176,109 | €127,303 | -€48,806 | -27.7% |
| Amounts receivable within one year | 40/41 | €8,866 | - | -€8,866 | |
| Trade receivables | 40 | €4,900 | - | -€4,900 | |
| Other amounts receivable | 41 | €3,966 | - | -€3,966 | |
| Current investments | 50/53 | €13,443 | €13,620 | +€177 | +1.3% |
| Cash at bank and in hand | 54/58 | €153,800 | €113,483 | -€40,317 | -26.2% |
| Deferred charges and accrued income | 490/1 | - | €200 | +€200 | |
| Total equity and liabilities | 10/49 | €208,442 | €193,047 | -€15,395 | -7.4% |
| Equity | 10/15 | €191,879 | €188,198 | -€3,681 | -1.9% |
| Contributions | 10/11 | €81,800 | €81,800 | = | 0.0% |
| Reserves | 13 | €110,079 | €110,079 | = | 0.0% |
| Distributable reserves | 133 | €110,079 | €110,079 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,681 | -€3,681 | |
| Amounts payable | 17/49 | €16,563 | €4,849 | -€11,714 | -70.7% |
| Amounts payable within one year | 42/48 | €16,563 | €4,849 | -€11,714 | -70.7% |
| Trade debts | 44 | €3,751 | €117 | -€3,634 | -96.9% |
| Suppliers | 440/4 | €3,751 | €117 | -€3,634 | -96.9% |
| Taxes, remuneration and social security | 45 | €9,798 | €3,550 | -€6,247 | -63.8% |
| Taxes | 450/3 | €3,253 | €3,550 | +€297 | +9.1% |
| Remuneration and social security | 454/9 | €6,544 | - | -€6,544 | |
| Other amounts payable | 47/48 | €3,014 | €1,181 | -€1,832 | -60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,533 | €12,936 | +€5,403 | +71.7% |
| Other operating charges | 640/8 | €899 | €1,272 | +€373 | +41.5% |
| Gross operating margin | 9900 | €89,399 | €10,017 | -€79,381 | -88.8% |
| Operating profit (loss) | 9901 | €80,967 | -€4,190 | -€85,158 | |
| Financial income | 75/76B | €179 | €253 | +€74 | +41.0% |
| Recurring financial income | 75 | €179 | €253 | +€74 | +41.0% |
| Financial charges | 65/66B | €99 | €78 | -€21 | -20.9% |
| Recurring financial charges | 65 | €99 | €78 | -€21 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €81,048 | -€4,015 | -€85,063 | |
| Income taxes | 67/77 | €23,307 | €373 | -€22,934 | -98.4% |
| Profit (loss) for the period | 9904 | €57,741 | -€4,388 | -€62,129 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,741 | -€4,388 | -€62,129 |
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 16 October 2026 via checked.be.