DOKTER B. MARINUS: what changed
Two fiscal 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.
DOKTER B. MARINUS
Largest movements
- Tangible fixed assets +€57,708
up €57,708 (+12.5%), from €460,440 to €518,148
of which Land and buildings: +€74,376
- Reserves +€140,134
up €140,134 (+12.5%), from €1.1m to €1.3m
- Other debts -€54,165
down €54,165 (-25.5%), from €212,653 to €158,488
- Financial income +€11,014
up €11,014 (+466.6%), from €2,361 to €13,375
- Gross operating margin +€9,178
up €9,178 (+2.7%), from €340,251 to €349,428
- Financial charges +€5,386
up €5,386 (+111.0%), from €4,853 to €10,239
- Depreciation +€4,187
up €4,187 (+5.1%), from €82,488 to €86,675
- Taxes +€4,023
up €4,023 (+6.7%), from €59,807 to €63,829
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.
Cash bridge derived
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 | €1,397,554 | €1,464,239 | +€66,684 | +4.8% |
| Fixed assets | 21/28 | €460,440 | €518,148 | +€57,708 | +12.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €460,440 | €518,148 | +€57,708 | +12.5% |
| Land and buildings | 22 | €363,080 | €437,456 | +€74,376 | +20.5% |
| Plant, machinery and equipment | 23 | €8,777 | €16,100 | +€7,323 | +83.4% |
| Furniture and vehicles | 24 | €88,583 | €64,592 | -€23,991 | -27.1% |
| Current assets | 29/58 | €937,115 | €946,091 | +€8,976 | +1.0% |
| Amounts receivable within one year | 40/41 | €1,886 | - | -€1,886 | |
| Other amounts receivable | 41 | €1,886 | - | -€1,886 | |
| Current investments | 50/53 | €857,059 | €860,533 | +€3,474 | +0.4% |
| Cash at bank and in hand | 54/58 | €69,456 | €78,508 | +€9,052 | +13.0% |
| Deferred charges and accrued income | 490/1 | €8,714 | €7,049 | -€1,664 | -19.1% |
| Total equity and liabilities | 10/49 | €1,397,554 | €1,464,239 | +€66,684 | +4.8% |
| Equity | 10/15 | €1,143,683 | €1,283,817 | +€140,134 | +12.3% |
| Contributions | 10/11 | €18,612 | €18,612 | = | 0.0% |
| Reserves | 13 | €1,125,071 | €1,265,205 | +€140,134 | +12.5% |
| Distributable reserves | 133 | €1,125,071 | €1,265,205 | +€140,134 | +12.5% |
| Amounts payable | 17/49 | €253,871 | €180,421 | -€73,450 | -28.9% |
| Amounts payable within one year | 42/48 | €253,871 | €180,421 | -€73,450 | -28.9% |
| Trade debts | 44 | €22,318 | €11,105 | -€11,213 | -50.2% |
| Suppliers | 440/4 | €22,318 | €11,105 | -€11,213 | -50.2% |
| Taxes, remuneration and social security | 45 | €18,900 | €10,828 | -€8,072 | -42.7% |
| Taxes | 450/3 | €12,200 | €3,960 | -€8,240 | -67.5% |
| Remuneration and social security | 454/9 | €6,700 | €6,868 | +€168 | +2.5% |
| Other amounts payable | 47/48 | €212,653 | €158,488 | -€54,165 | -25.5% |
| Remuneration, social security and pensions | 62 | €54,994 | €56,828 | +€1,834 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,488 | €86,675 | +€4,187 | +5.1% |
| Other operating charges | 640/8 | €4,977 | €5,097 | +€121 | +2.4% |
| Gross operating margin | 9900 | €340,251 | €349,428 | +€9,178 | +2.7% |
| Operating profit (loss) | 9901 | €197,792 | €200,828 | +€3,036 | +1.5% |
| Financial income | 75/76B | €2,361 | €13,375 | +€11,014 | +466.6% |
| Recurring financial income | 75 | €2,361 | €13,375 | +€11,014 | +466.6% |
| Financial charges | 65/66B | €4,853 | €10,239 | +€5,386 | +111.0% |
| Recurring financial charges | 65 | €4,853 | €10,239 | +€5,386 | +111.0% |
| Profit (loss) for the period before taxes | 9903 | €195,300 | €203,964 | +€8,664 | +4.4% |
| Income taxes | 67/77 | €59,807 | €63,829 | +€4,023 | +6.7% |
| Profit (loss) for the period | 9904 | €135,493 | €140,134 | +€4,641 | +3.4% |
| Transfer from tax-exempt reserves | 789 | €63,150 | - | -€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €198,643 | €140,134 | -€58,509 | -29.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.