DOCTEUR THILLE: 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 THILLE
Largest movements
- Receivables after one year -€186,698
down €186,698 (-62.2%), from €300,000 to €113,303
- Tangible fixed assets -€110,757
down €110,757 (-18.5%), from €598,910 to €488,153
- Cash +€68,279
up €68,279 (+106%), from €64,603 to €132,882
mainly Receivables after one year (+€186,698) and Net result for the year (+€164,799)
- Reserves -€108,969
down €108,969 (-20.9%), from €521,958 to €412,989
- Current portion of long-term debt -€63,513
down €63,513 (-43.2%), from €147,133 to €83,620
- Debts after one year -€51,877
down €51,877 (-28.2%), from €183,726 to €131,848
- Depreciation -€52,417
down €52,417 (-24.4%), from €214,908 to €162,491
- Taxes +€21,336
up €21,336 (+38.2%), from €55,890 to €77,226
- Staff costs -€11,043
down €11,043 (-11.1%), from €99,796 to €88,753
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 | €982,367 | €757,278 | -€225,088 | -22.9% |
| Fixed assets | 21/28 | €599,260 | €488,503 | -€110,757 | -18.5% |
| Tangible fixed assets | 22/27 | €598,910 | €488,153 | -€110,757 | -18.5% |
| Land and buildings | 22 | €222,915 | €178,251 | -€44,664 | -20.0% |
| Plant, machinery and equipment | 23 | €165,388 | €143,692 | -€21,696 | -13.1% |
| Furniture and vehicles | 24 | €117,217 | €90,312 | -€26,905 | -23.0% |
| Other tangible fixed assets | 26 | €93,390 | €75,898 | -€17,492 | -18.7% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €383,107 | €268,775 | -€114,331 | -29.8% |
| Amounts receivable after more than one year | 29 | €300,000 | €113,303 | -€186,698 | -62.2% |
| Other amounts receivable | 291 | €300,000 | €113,303 | -€186,698 | -62.2% |
| Amounts receivable within one year | 40/41 | €13,074 | €9,883 | -€3,190 | -24.4% |
| Other amounts receivable | 41 | €13,074 | €9,883 | -€3,190 | -24.4% |
| Current investments | 50/53 | €65 | €66 | +€0 | +0.6% |
| Cash at bank and in hand | 54/58 | €64,603 | €132,882 | +€68,279 | +106% |
| Deferred charges and accrued income | 490/1 | €5,365 | €12,642 | +€7,277 | +136% |
| Total equity and liabilities | 10/49 | €982,367 | €757,278 | -€225,088 | -22.9% |
| Equity | 10/15 | €559,458 | €450,489 | -€108,969 | -19.5% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €521,958 | €412,989 | -€108,969 | -20.9% |
| Distributable reserves | 133 | €521,958 | €412,989 | -€108,969 | -20.9% |
| Amounts payable | 17/49 | €422,909 | €306,790 | -€116,119 | -27.5% |
| Amounts payable after more than one year | 17 | €183,726 | €131,848 | -€51,877 | -28.2% |
| Financial debts | 170/4 | €183,726 | €131,848 | -€51,877 | -28.2% |
| Amounts payable within one year | 42/48 | €239,183 | €171,404 | -€67,779 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €147,133 | €83,620 | -€63,513 | -43.2% |
| Financial debts | 43 | €51,789 | €48,509 | -€3,280 | -6.3% |
| Credit institutions | 430/8 | €51,789 | €48,509 | -€3,280 | -6.3% |
| Trade debts | 44 | €8,366 | €6,933 | -€1,434 | -17.1% |
| Suppliers | 440/4 | €8,366 | €6,933 | -€1,434 | -17.1% |
| Taxes, remuneration and social security | 45 | €31,895 | €32,342 | +€447 | +1.4% |
| Taxes | 450/3 | €19,994 | €20,197 | +€203 | +1.0% |
| Remuneration and social security | 454/9 | €11,902 | €12,145 | +€244 | +2.0% |
| Accrued charges and deferred income | 492/3 | - | €3,537 | +€3,537 | |
| Remuneration, social security and pensions | 62 | €99,796 | €88,753 | -€11,043 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214,908 | €162,491 | -€52,417 | -24.4% |
| Other operating charges | 640/8 | €1,707 | €2,251 | +€543 | +31.8% |
| Gross operating margin | 9900 | €510,288 | €507,459 | -€2,829 | -0.6% |
| Operating profit (loss) | 9901 | €193,876 | €253,964 | +€60,087 | +31.0% |
| Financial income | 75/76B | €97 | €1,383 | +€1,285 | +1,323% |
| Recurring financial income | 75 | €97 | €1,383 | +€1,285 | +1,323% |
| Financial charges | 65/66B | €15,588 | €13,321 | -€2,267 | -14.5% |
| Recurring financial charges | 65 | €15,588 | €13,321 | -€2,267 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €178,385 | €242,025 | +€63,639 | +35.7% |
| Income taxes | 67/77 | €55,890 | €77,226 | +€21,336 | +38.2% |
| Profit (loss) for the period | 9904 | €122,495 | €164,799 | +€42,304 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €122,495 | €164,799 | +€42,304 | +34.5% |
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 24 October 2026 via checked.be.