Docteur ROENEN: 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 ROENEN
Largest movements
- Tangible fixed assets +€69,652
up €69,652 (+175%), from €39,904 to €109,556
of which Furniture and vehicles: +€68,341
- Cash +€14,587
up €14,587 (+23.4%), from €62,210 to €76,798
mainly Net result for the year (+€46,824) and Debts after one year (+€35,326)
- Deferred charges and accrued income -€3,714
down €3,714 (-52.8%), from €7,039 to €3,325
- Reserves +€45,000
up €45,000 (+103%), from €43,860 to €88,860
- Debts after one year +€35,326
up €35,326 (+122%), from €28,885 to €64,211
- Current portion of long-term debt +€5,574
up €5,574 (+41.6%), from €13,387 to €18,961
- Tax, wage and social debts -€4,950
down €4,950 (-42.7%), from €11,600 to €6,650
- Gross operating margin +€29,946
up €29,946 (+50.4%), from €59,472 to €89,418
- Taxes +€4,610
up €4,610 (+35.5%), from €12,990 to €17,600
- Other operating charges +€1,251
up €1,251 (+45.8%), from €2,733 to €3,985
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 | €109,153 | €191,431 | +€82,278 | +75.4% |
| Fixed assets | 21/28 | €39,904 | €109,556 | +€69,652 | +175% |
| Tangible fixed assets | 22/27 | €39,904 | €109,556 | +€69,652 | +175% |
| Furniture and vehicles | 24 | €8,795 | €77,136 | +€68,341 | +777% |
| Other tangible fixed assets | 26 | €31,109 | €32,420 | +€1,310 | +4.2% |
| Current assets | 29/58 | €69,249 | €81,875 | +€12,626 | +18.2% |
| Amounts receivable within one year | 40/41 | - | €1,752 | +€1,752 | |
| Trade receivables | 40 | - | €1,752 | +€1,752 | |
| Cash at bank and in hand | 54/58 | €62,210 | €76,798 | +€14,587 | +23.4% |
| Deferred charges and accrued income | 490/1 | €7,039 | €3,325 | -€3,714 | -52.8% |
| Total equity and liabilities | 10/49 | €109,153 | €191,431 | +€82,278 | +75.4% |
| Equity | 10/15 | €47,409 | €94,233 | +€46,824 | +98.8% |
| Reserves | 13 | €43,860 | €88,860 | +€45,000 | +103% |
| Distributable reserves | 133 | €43,860 | €88,860 | +€45,000 | +103% |
| Profit (loss) carried forward | 14 | €3,549 | €5,373 | +€1,824 | +51.4% |
| Amounts payable | 17/49 | €61,744 | €97,198 | +€35,454 | +57.4% |
| Amounts payable after more than one year | 17 | €28,885 | €64,211 | +€35,326 | +122% |
| Financial debts | 170/4 | €28,885 | €64,211 | +€35,326 | +122% |
| Amounts payable within one year | 42/48 | €32,859 | €32,986 | +€128 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €13,387 | €18,961 | +€5,574 | +41.6% |
| Trade debts | 44 | €1,072 | €125 | -€947 | -88.4% |
| Suppliers | 440/4 | €1,072 | €125 | -€947 | -88.4% |
| Taxes, remuneration and social security | 45 | €11,600 | €6,650 | -€4,950 | -42.7% |
| Taxes | 450/3 | €11,600 | €6,650 | -€4,950 | -42.7% |
| Other amounts payable | 47/48 | €6,800 | €7,250 | +€450 | +6.6% |
| Non-recurring operating income | 76A | - | €18,000 | +€18,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,573 | €18,109 | -€464 | -2.5% |
| Other operating charges | 640/8 | €2,733 | €3,985 | +€1,251 | +45.8% |
| Non-recurring operating charges | 66A | - | €127 | +€127 | |
| Gross operating margin | 9900 | €59,472 | €89,418 | +€29,946 | +50.4% |
| Operating profit (loss) | 9901 | €38,166 | €67,197 | +€29,031 | +76.1% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.0% |
| Financial charges | 65/66B | €2,640 | €2,773 | +€133 | +5.1% |
| Recurring financial charges | 65 | €2,640 | €2,773 | +€133 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €35,529 | €64,424 | +€28,895 | +81.3% |
| Income taxes | 67/77 | €12,990 | €17,600 | +€4,610 | +35.5% |
| Profit (loss) for the period | 9904 | €22,539 | €46,824 | +€24,285 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €22,539 | €46,824 | +€24,285 | +108% |
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 22 October 2026 via checked.be.