DOCTEUR VDG: what changed
DOCTEUR VDG
Largest movements
- Cash +€41,190
up €41,190 (+81.5%), from €50,546 to €91,736
mainly Other debts (+€57,327) and Net result for the year (+€52,847)
- Tangible fixed assets -€18,256
down €18,256 (-25.9%), from €70,530 to €52,274
of which Furniture and vehicles: -€19,995
- Financial fixed assets +€10,000
up €10,000 (+33.3%), from €30,000 to €40,000
- Receivables within one year -€7,480
down €7,480 (-100%), from €7,480 to €0
- Intangible fixed assets -€2,500
down €2,500 (-14.8%), from €16,870 to €14,370
- Other debts +€57,327
up €57,327, from €0 to €57,327
- Debts after one year -€25,471
down €25,471 (-38.6%), from €66,041 to €40,570
- Profit (loss) carried forward -€22,965
down €22,965 (-50.1%), from €45,812 to €22,847
- Tax, wage and social debts +€12,671
up €12,671 (+219%), from €5,775 to €18,446
- Gross operating margin +€16,050
up €16,050 (+17.4%), from €92,104 to €108,153
- Taxes +€7,025
up €7,025 (+56.1%), from €12,525 to €19,549
- Depreciation +€1,487
up €1,487 (+5.2%), from €28,710 to €30,198
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,114 | €208,818 | +€21,704 | +11.6% |
| Formation expenses | 20 | €1,321 | €848 | -€473 | -35.8% |
| Fixed assets | 21/28 | €117,400 | €106,644 | -€10,756 | -9.2% |
| Intangible fixed assets | 21 | €16,870 | €14,370 | -€2,500 | -14.8% |
| Tangible fixed assets | 22/27 | €70,530 | €52,274 | -€18,256 | -25.9% |
| Plant, machinery and equipment | 23 | €1,822 | €1,195 | -€627 | -34.4% |
| Furniture and vehicles | 24 | €51,576 | €31,582 | -€19,995 | -38.8% |
| Other tangible fixed assets | 26 | €17,132 | €19,497 | +€2,365 | +13.8% |
| Financial fixed assets | 28 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Current assets | 29/58 | €68,393 | €101,326 | +€32,933 | +48.2% |
| Amounts receivable within one year | 40/41 | €7,480 | €0 | -€7,480 | -100% |
| Other amounts receivable | 41 | €7,480 | €0 | -€7,480 | -100% |
| Cash at bank and in hand | 54/58 | €50,546 | €91,736 | +€41,190 | +81.5% |
| Deferred charges and accrued income | 490/1 | €10,366 | €9,589 | -€777 | -7.5% |
| Total equity and liabilities | 10/49 | €187,114 | €208,818 | +€21,704 | +11.6% |
| Equity | 10/15 | €86,010 | €63,044 | -€22,965 | -26.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €37,198 | €37,198 | = | 0.0% |
| Distributable reserves | 133 | €37,198 | €37,198 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,812 | €22,847 | -€22,965 | -50.1% |
| Amounts payable | 17/49 | €101,104 | €145,773 | +€44,669 | +44.2% |
| Amounts payable after more than one year | 17 | €66,041 | €40,570 | -€25,471 | -38.6% |
| Financial debts | 170/4 | €66,041 | €40,570 | -€25,471 | -38.6% |
| Amounts payable within one year | 42/48 | €33,234 | €103,312 | +€70,078 | +211% |
| Current portion of amounts payable after more than one year | 42 | €24,455 | €25,471 | +€1,017 | +4.2% |
| Trade debts | 44 | €3,005 | €2,067 | -€937 | -31.2% |
| Suppliers | 440/4 | €3,005 | €2,067 | -€937 | -31.2% |
| Taxes, remuneration and social security | 45 | €5,775 | €18,446 | +€12,671 | +219% |
| Taxes | 450/3 | €5,775 | €18,446 | +€12,671 | +219% |
| Other amounts payable | 47/48 | €0 | €57,327 | +€57,327 | |
| Accrued charges and deferred income | 492/3 | €1,829 | €1,891 | +€63 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,710 | €30,198 | +€1,487 | +5.2% |
| Other operating charges | 640/8 | €107 | €500 | +€393 | +367% |
| Gross operating margin | 9900 | €92,104 | €108,153 | +€16,050 | +17.4% |
| Operating profit (loss) | 9901 | €63,286 | €77,456 | +€14,169 | +22.4% |
| Financial income | 75/76B | €227 | €397 | +€170 | +74.9% |
| Recurring financial income | 75 | €227 | €397 | +€170 | +74.9% |
| Financial charges | 65/66B | €5,176 | €5,456 | +€280 | +5.4% |
| Recurring financial charges | 65 | €5,176 | €5,456 | +€280 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €58,337 | €72,396 | +€14,059 | +24.1% |
| Income taxes | 67/77 | €12,525 | €19,549 | +€7,025 | +56.1% |
| Profit (loss) for the period | 9904 | €45,812 | €52,847 | +€7,035 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €45,812 | €52,847 | +€7,035 | +15.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.