DOCTEUR VUCKOVIC: what changed
DOCTEUR VUCKOVIC
Largest movements
- Cash +€211,644
up €211,644 (+188%), from €112,390 to €324,034
mainly Current investments (+€150,000) and Net result for the year (+€90,752)
- Current investments -€150,000
down €150,000 (-100%), from €150,000 to €0
- Intangible fixed assets -€29,000
down €29,000 (-16.7%), from €173,921 to €144,921
- Tangible fixed assets +€20,459
up €20,459 (+286%), from €7,143 to €27,602
of which Furniture and vehicles: +€20,459
- Deferred charges and accrued income +€6,044
up €6,044 (+214%), from €2,828 to €8,872
- Reserves +€47,013
up €47,013 (+27.9%), from €168,769 to €215,782
- Profit (loss) carried forward +€43,739
up €43,739 (+45.4%), from €96,261 to €140,000
- Other debts -€33,545
down €33,545 (-19.0%), from €176,328 to €142,784
- Taxes +€4,461
up €4,461 (+13.6%), from €32,909 to €37,370
- Depreciation +€3,322
up €3,322 (+11.1%), from €29,987 to €33,309
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 | €449,487 | €508,634 | +€59,147 | +13.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €181,064 | €172,522 | -€8,541 | -4.7% |
| Intangible fixed assets | 21 | €173,921 | €144,921 | -€29,000 | -16.7% |
| Tangible fixed assets | 22/27 | €7,143 | €27,602 | +€20,459 | +286% |
| Furniture and vehicles | 24 | €393 | €20,852 | +€20,459 | +5,204% |
| Other tangible fixed assets | 26 | €6,750 | €6,750 | = | 0.0% |
| Current assets | 29/58 | €268,424 | €336,112 | +€67,688 | +25.2% |
| Amounts receivable within one year | 40/41 | €3,206 | €3,206 | = | 0.0% |
| Other amounts receivable | 41 | €3,206 | €3,206 | = | 0.0% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €112,390 | €324,034 | +€211,644 | +188% |
| Deferred charges and accrued income | 490/1 | €2,828 | €8,872 | +€6,044 | +214% |
| Total equity and liabilities | 10/49 | €449,487 | €508,634 | +€59,147 | +13.2% |
| Equity | 10/15 | €271,230 | €361,982 | +€90,752 | +33.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €168,769 | €215,782 | +€47,013 | +27.9% |
| Distributable reserves | 133 | €168,769 | €215,782 | +€47,013 | +27.9% |
| Profit (loss) carried forward | 14 | €96,261 | €140,000 | +€43,739 | +45.4% |
| Amounts payable | 17/49 | €178,257 | €146,652 | -€31,605 | -17.7% |
| Amounts payable within one year | 42/48 | €178,257 | €146,652 | -€31,605 | -17.7% |
| Trade debts | 44 | €1,929 | €0 | -€1,929 | -100% |
| Suppliers | 440/4 | €1,929 | €0 | -€1,929 | -100% |
| Taxes, remuneration and social security | 45 | - | €3,868 | +€3,868 | |
| Taxes | 450/3 | - | €3,868 | +€3,868 | |
| Other amounts payable | 47/48 | €176,328 | €142,784 | -€33,545 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,987 | €33,309 | +€3,322 | +11.1% |
| Other operating charges | 640/8 | €889 | €916 | +€27 | +3.0% |
| Gross operating margin | 9900 | €156,637 | €157,624 | +€987 | +0.6% |
| Operating profit (loss) | 9901 | €125,761 | €123,399 | -€2,362 | -1.9% |
| Financial income | 75/76B | €3,716 | €5,011 | +€1,296 | +34.9% |
| Recurring financial income | 75 | €3,716 | €5,011 | +€1,296 | +34.9% |
| Financial charges | 65/66B | €307 | €288 | -€19 | -6.2% |
| Recurring financial charges | 65 | €307 | €288 | -€19 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €129,170 | €128,122 | -€1,048 | -0.8% |
| Income taxes | 67/77 | €32,909 | €37,370 | +€4,461 | +13.6% |
| Profit (loss) for the period | 9904 | €96,261 | €90,752 | -€5,509 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €96,261 | €90,752 | -€5,509 | -5.7% |
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 8 November 2026 via checked.be.