Docteur Simon Quentin: 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 Simon Quentin
Largest movements
- Tangible fixed assets +€268,726
up €268,726 (+12,365%), from €2,173 to €270,899
of which Land and buildings: +€269,081
- Cash -€66,138
down €66,138 (-63.7%), from €103,900 to €37,762
mainly Investment in fixed assets (net) (-€277,341) and Other debts (-€68,077)
- Receivables within one year -€20,000
down €20,000 (-58.8%), from €34,000 to €14,000
- Intangible fixed assets -€10,000
down €10,000 (-11.6%), from €85,929 to €75,929
- Debts after one year +€209,399
up €209,399 (+582%), from €36,007 to €245,406
- Other debts -€68,077
down €68,077 (-89.0%), from €76,490 to €8,413
- Reserves +€37,266
up €37,266 (+49.2%), from €75,764 to €113,030
- Tax, wage and social debts -€13,090
down €13,090 (-47.7%), from €27,445 to €14,355
- Current portion of long-term debt +€8,863
up €8,863 (+134%), from €6,611 to €15,474
- Gross operating margin -€33,743
down €33,743 (-29.9%), from €112,665 to €78,922
- Taxes -€12,982
down €12,982 (-48.5%), from €26,751 to €13,769
- Depreciation +€7,251
up €7,251 (+63.8%), from €11,364 to €18,615
- Financial charges +€6,542
up €6,542 (+262%), from €2,498 to €9,040
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 | €226,367 | €401,710 | +€175,343 | +77.5% |
| Fixed assets | 21/28 | €88,102 | €346,828 | +€258,726 | +294% |
| Intangible fixed assets | 21 | €85,929 | €75,929 | -€10,000 | -11.6% |
| Tangible fixed assets | 22/27 | €2,173 | €270,899 | +€268,726 | +12,365% |
| Land and buildings | 22 | - | €269,081 | +€269,081 | |
| Furniture and vehicles | 24 | €2,173 | €1,818 | -€355 | -16.3% |
| Current assets | 29/58 | €138,264 | €54,882 | -€83,382 | -60.3% |
| Amounts receivable within one year | 40/41 | €34,000 | €14,000 | -€20,000 | -58.8% |
| Trade receivables | 40 | €34,000 | €14,000 | -€20,000 | -58.8% |
| Cash at bank and in hand | 54/58 | €103,900 | €37,762 | -€66,138 | -63.7% |
| Deferred charges and accrued income | 490/1 | €364 | €3,120 | +€2,756 | +756% |
| Total equity and liabilities | 10/49 | €226,367 | €401,710 | +€175,343 | +77.5% |
| Equity | 10/15 | €79,764 | €117,030 | +€37,266 | +46.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €75,764 | €113,030 | +€37,266 | +49.2% |
| Distributable reserves | 133 | €75,764 | €113,030 | +€37,266 | +49.2% |
| Amounts payable | 17/49 | €146,603 | €284,680 | +€138,077 | +94.2% |
| Amounts payable after more than one year | 17 | €36,007 | €245,406 | +€209,399 | +582% |
| Financial debts | 170/4 | €36,007 | €245,406 | +€209,399 | +582% |
| Amounts payable within one year | 42/48 | €110,546 | €38,242 | -€72,304 | -65.4% |
| Current portion of amounts payable after more than one year | 42 | €6,611 | €15,474 | +€8,863 | +134% |
| Taxes, remuneration and social security | 45 | €27,445 | €14,355 | -€13,090 | -47.7% |
| Taxes | 450/3 | €27,445 | €14,355 | -€13,090 | -47.7% |
| Other amounts payable | 47/48 | €76,490 | €8,413 | -€68,077 | -89.0% |
| Accrued charges and deferred income | 492/3 | €50 | €1,032 | +€982 | +1,964% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,364 | €18,615 | +€7,251 | +63.8% |
| Other operating charges | 640/8 | €1,086 | €965 | -€121 | -11.1% |
| Gross operating margin | 9900 | €112,665 | €78,922 | -€33,743 | -29.9% |
| Operating profit (loss) | 9901 | €100,215 | €59,342 | -€40,873 | -40.8% |
| Financial income | 75/76B | €464 | €733 | +€269 | +58.0% |
| Recurring financial income | 75 | €464 | €733 | +€269 | +58.0% |
| Financial charges | 65/66B | €2,498 | €9,040 | +€6,542 | +262% |
| Recurring financial charges | 65 | €2,498 | €9,040 | +€6,542 | +262% |
| Profit (loss) for the period before taxes | 9903 | €98,181 | €51,035 | -€47,146 | -48.0% |
| Income taxes | 67/77 | €26,751 | €13,769 | -€12,982 | -48.5% |
| Profit (loss) for the period | 9904 | €71,429 | €37,266 | -€34,163 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,429 | €37,266 | -€34,163 | -47.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.