DOCTEUR ZD: what changed
DOCTEUR ZD
Largest movements
- Cash +€22,769
up €22,769 (+12.0%), from €189,009 to €211,777
mainly Net result for the year (+€120,881) and Depreciation (+€28,325)
- Intangible fixed assets -€20,000
down €20,000 (-23.5%), from €85,000 to €65,000
- Receivables within one year +€19,562
up €19,562 (+471%), from €4,156 to €23,718
of which Other amounts receivable: +€19,603
- Deferred charges and accrued income +€17,336
up €17,336 (+86.0%), from €20,161 to €37,497
- Tangible fixed assets -€8,000
down €8,000 (-20.9%), from €38,298 to €30,298
- Reserves +€120,881
up €120,881 (+72.6%), from €166,581 to €287,462
- Debts after one year -€74,533
down €74,533 (-78.6%), from €94,795 to €20,262
of which Other amounts payable: -€66,667
- Current portion of long-term debt -€19,713
down €19,713 (-71.5%), from €27,579 to €7,866
- Gross operating margin -€51,557
down €51,557 (-21.6%), from €239,161 to €187,604
- Taxes -€15,125
down €15,125 (-30.3%), from €49,901 to €34,776
- Depreciation +€10,648
up €10,648 (+60.2%), from €17,677 to €28,325
- Financial income +€2,595
up €2,595 (+8,649,233%), from €0 to €2,595
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 | €336,949 | €368,291 | +€31,342 | +9.3% |
| Formation expenses | 20 | €325 | - | -€325 | |
| Fixed assets | 21/28 | €123,298 | €95,298 | -€28,000 | -22.7% |
| Intangible fixed assets | 21 | €85,000 | €65,000 | -€20,000 | -23.5% |
| Tangible fixed assets | 22/27 | €38,298 | €30,298 | -€8,000 | -20.9% |
| Furniture and vehicles | 24 | €38,298 | €30,298 | -€8,000 | -20.9% |
| Current assets | 29/58 | €213,326 | €272,993 | +€59,667 | +28.0% |
| Amounts receivable within one year | 40/41 | €4,156 | €23,718 | +€19,562 | +471% |
| Trade receivables | 40 | €40 | - | -€40 | |
| Other amounts receivable | 41 | €4,115 | €23,718 | +€19,603 | +476% |
| Cash at bank and in hand | 54/58 | €189,009 | €211,777 | +€22,769 | +12.0% |
| Deferred charges and accrued income | 490/1 | €20,161 | €37,497 | +€17,336 | +86.0% |
| Total equity and liabilities | 10/49 | €336,949 | €368,291 | +€31,342 | +9.3% |
| Equity | 10/15 | €168,581 | €289,462 | +€120,881 | +71.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €166,581 | €287,462 | +€120,881 | +72.6% |
| Distributable reserves | 133 | €166,581 | €287,462 | +€120,881 | +72.6% |
| Amounts payable | 17/49 | €168,368 | €78,829 | -€89,539 | -53.2% |
| Amounts payable after more than one year | 17 | €94,795 | €20,262 | -€74,533 | -78.6% |
| Financial debts | 170/4 | €28,128 | €20,262 | -€7,866 | -28.0% |
| Other amounts payable | 178/9 | €66,667 | - | -€66,667 | |
| Amounts payable within one year | 42/48 | €70,717 | €53,079 | -€17,638 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €27,579 | €7,866 | -€19,713 | -71.5% |
| Trade debts | 44 | €1,328 | €4,262 | +€2,934 | +221% |
| Suppliers | 440/4 | €1,328 | €4,262 | +€2,934 | +221% |
| Taxes, remuneration and social security | 45 | €40,951 | €40,951 | = | 0.0% |
| Taxes | 450/3 | €40,951 | €40,951 | = | 0.0% |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Accrued charges and deferred income | 492/3 | €2,856 | €5,488 | +€2,632 | +92.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,677 | €28,325 | +€10,648 | +60.2% |
| Other operating charges | 640/8 | €477 | €1,885 | +€1,408 | +295% |
| Gross operating margin | 9900 | €239,161 | €187,604 | -€51,557 | -21.6% |
| Operating profit (loss) | 9901 | €221,007 | €157,394 | -€63,613 | -28.8% |
| Financial income | 75/76B | €0 | €2,595 | +€2,595 | +8,649,233% |
| Recurring financial income | 75 | €0 | €2,595 | +€2,595 | +8,649,233% |
| Financial charges | 65/66B | €3,666 | €4,331 | +€665 | +18.2% |
| Recurring financial charges | 65 | €3,666 | €4,331 | +€665 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €217,341 | €155,657 | -€61,684 | -28.4% |
| Income taxes | 67/77 | €49,901 | €34,776 | -€15,125 | -30.3% |
| Profit (loss) for the period | 9904 | €167,440 | €120,881 | -€46,559 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €167,440 | €120,881 | -€46,559 | -27.8% |
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 3 November 2026 via checked.be.