DOCTEUR Z. BOUTERFA: 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 Z. BOUTERFA
Largest movements
- Cash -€256,087
down €256,087 (-57.9%), from €441,949 to €185,862
mainly Contributions, distributions and other (-€261,000) and Other debts (-€179,638)
- Tangible fixed assets +€13,020
up €13,020 (+19.9%), from €65,352 to €78,372
of which Furniture and vehicles: +€32,677
- Receivables within one year +€8,708
up €8,708 (+11.0%), from €79,379 to €88,087
- Other debts -€179,638
down €179,638 (-39.6%), from €453,992 to €274,354
- Profit (loss) carried forward -€55,001
down €55,001 (-99.2%), from €55,458 to €458
- Debts after one year -€18,536
down €18,536 (-47.7%), from €38,861 to €20,325
- Tax, wage and social debts +€15,773
up €15,773 (+99.2%), from €15,900 to €31,673
of which Taxes: +€17,590
- Gross operating margin +€13,096
up €13,096 (+4.4%), from €295,565 to €308,661
- Taxes +€4,847
up €4,847 (+7.4%), from €65,274 to €70,121
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 | €588,354 | €352,537 | -€235,817 | -40.1% |
| Fixed assets | 21/28 | €65,352 | €78,372 | +€13,020 | +19.9% |
| Tangible fixed assets | 22/27 | €65,352 | €78,372 | +€13,020 | +19.9% |
| Plant, machinery and equipment | 23 | €57,156 | €37,499 | -€19,657 | -34.4% |
| Furniture and vehicles | 24 | €8,196 | €40,873 | +€32,677 | +399% |
| Current assets | 29/58 | €523,002 | €274,165 | -€248,837 | -47.6% |
| Amounts receivable within one year | 40/41 | €79,379 | €88,087 | +€8,708 | +11.0% |
| Trade receivables | 40 | €79,379 | €88,087 | +€8,708 | +11.0% |
| Cash at bank and in hand | 54/58 | €441,949 | €185,862 | -€256,087 | -57.9% |
| Deferred charges and accrued income | 490/1 | €1,675 | €216 | -€1,459 | -87.1% |
| Total equity and liabilities | 10/49 | €588,354 | €352,537 | -€235,817 | -40.1% |
| Equity | 10/15 | €60,458 | €5,458 | -€55,001 | -91.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,458 | €458 | -€55,001 | -99.2% |
| Amounts payable | 17/49 | €527,896 | €347,079 | -€180,817 | -34.3% |
| Amounts payable after more than one year | 17 | €38,861 | €20,325 | -€18,536 | -47.7% |
| Financial debts | 170/4 | €38,861 | €20,325 | -€18,536 | -47.7% |
| Amounts payable within one year | 42/48 | €489,035 | €326,754 | -€162,281 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €18,321 | €18,536 | +€215 | +1.2% |
| Trade debts | 44 | €823 | €2,192 | +€1,369 | +166% |
| Suppliers | 440/4 | €823 | €2,192 | +€1,369 | +166% |
| Taxes, remuneration and social security | 45 | €15,900 | €31,673 | +€15,773 | +99.2% |
| Taxes | 450/3 | €14,083 | €31,673 | +€17,590 | +125% |
| Remuneration and social security | 454/9 | €1,817 | - | -€1,817 | |
| Other amounts payable | 47/48 | €453,992 | €274,354 | -€179,638 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,243 | €28,043 | -€200 | -0.7% |
| Other operating charges | 640/8 | €1,161 | €1,094 | -€66 | -5.7% |
| Gross operating margin | 9900 | €295,565 | €308,661 | +€13,096 | +4.4% |
| Operating profit (loss) | 9901 | €266,161 | €279,523 | +€13,362 | +5.0% |
| Financial charges | 65/66B | €1,081 | €3,402 | +€2,321 | +215% |
| Recurring financial charges | 65 | €1,081 | €3,402 | +€2,321 | +215% |
| Profit (loss) for the period before taxes | 9903 | €265,080 | €276,121 | +€11,041 | +4.2% |
| Income taxes | 67/77 | €65,274 | €70,121 | +€4,847 | +7.4% |
| Profit (loss) for the period | 9904 | €199,806 | €206,000 | +€6,194 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €199,806 | €206,000 | +€6,194 | +3.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.