DOCTEUR PASCAL OGER: 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 OGER
Largest movements
- Tangible fixed assets -€17,603
down €17,603 (-17.7%), from €99,525 to €81,922
of which Furniture and vehicles: -€10,746
- Receivables within one year -€13,394
down €13,394 (-9.0%), from €148,768 to €135,375
of which Other amounts receivable: -€20,029
- Other debts -€21,550
down €21,550 (-46.0%), from €46,800 to €25,250
- Debts after one year -€11,610
down €11,610 (-46.9%), from €24,736 to €13,126
- Current portion of long-term debt -€10,009
down €10,009 (-46.3%), from €21,619 to €11,610
- Trade debts +€7,764
up €7,764 (+364%), from €2,133 to €9,897
- Tax, wage and social debts +€5,531
up €5,531 (+9.6%), from €57,529 to €63,060
- Gross operating margin -€12,686
down €12,686 (-11.2%), from €113,091 to €100,405
- Taxes -€2,570
down €2,570 (-12.1%), from €21,323 to €18,753
- Financial charges -€2,474
down €2,474 (-30.4%), from €8,139 to €5,665
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 | €253,642 | €223,284 | -€30,358 | -12.0% |
| Fixed assets | 21/28 | €99,525 | €81,922 | -€17,603 | -17.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €99,525 | €81,922 | -€17,603 | -17.7% |
| Land and buildings | 22 | €60,194 | €54,594 | -€5,600 | -9.3% |
| Furniture and vehicles | 24 | €36,817 | €26,071 | -€10,746 | -29.2% |
| Other tangible fixed assets | 26 | €2,513 | €1,257 | -€1,257 | -50.0% |
| Current assets | 29/58 | €154,117 | €141,362 | -€12,755 | -8.3% |
| Amounts receivable within one year | 40/41 | €148,768 | €135,375 | -€13,394 | -9.0% |
| Trade receivables | 40 | €5,998 | €12,633 | +€6,635 | +111% |
| Other amounts receivable | 41 | €142,770 | €122,742 | -€20,029 | -14.0% |
| Cash at bank and in hand | 54/58 | €1,477 | €2,426 | +€949 | +64.2% |
| Deferred charges and accrued income | 490/1 | €3,872 | €3,561 | -€310 | -8.0% |
| Total equity and liabilities | 10/49 | €253,642 | €223,284 | -€30,358 | -12.0% |
| Equity | 10/15 | €15,193 | €14,520 | -€673 | -4.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €933 | €260 | -€673 | -72.1% |
| Provisions and deferred taxes | 16 | €40,000 | €40,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €40,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €198,449 | €168,764 | -€29,685 | -15.0% |
| Amounts payable after more than one year | 17 | €24,736 | €13,126 | -€11,610 | -46.9% |
| Financial debts | 170/4 | €24,736 | €13,126 | -€11,610 | -46.9% |
| Amounts payable within one year | 42/48 | €173,713 | €155,638 | -€18,075 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €21,619 | €11,610 | -€10,009 | -46.3% |
| Financial debts | 43 | €6,453 | €6,642 | +€189 | +2.9% |
| Credit institutions | 430/8 | €6,453 | €6,642 | +€189 | +2.9% |
| Trade debts | 44 | €2,133 | €9,897 | +€7,764 | +364% |
| Suppliers | 440/4 | €2,133 | €9,897 | +€7,764 | +364% |
| Advances received on contracts in progress | 46 | €39,179 | €39,179 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €57,529 | €63,060 | +€5,531 | +9.6% |
| Taxes | 450/3 | €57,529 | €63,060 | +€5,531 | +9.6% |
| Other amounts payable | 47/48 | €46,800 | €25,250 | -€21,550 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,912 | €19,073 | +€162 | +0.9% |
| Other operating charges | 640/8 | €3,047 | €3,442 | +€395 | +13.0% |
| Gross operating margin | 9900 | €113,091 | €100,405 | -€12,686 | -11.2% |
| Operating profit (loss) | 9901 | €91,133 | €77,890 | -€13,243 | -14.5% |
| Financial income | 75/76B | €9,535 | €8,605 | -€930 | -9.8% |
| Recurring financial income | 75 | €9,535 | €8,605 | -€930 | -9.8% |
| Financial charges | 65/66B | €8,139 | €5,665 | -€2,474 | -30.4% |
| Recurring financial charges | 65 | €8,139 | €5,665 | -€2,474 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €92,528 | €80,829 | -€11,699 | -12.6% |
| Income taxes | 67/77 | €21,323 | €18,753 | -€2,570 | -12.1% |
| Profit (loss) for the period | 9904 | €71,206 | €62,077 | -€9,129 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,206 | €62,077 | -€9,129 | -12.8% |
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.