Dokter E. LOQUET: 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.
Dokter E. LOQUET
Largest movements
- Receivables within one year +€160,453
up €160,453 (+52.5%), from €305,511 to €465,964
of which Other amounts receivable: +€156,309
- Deferred charges and accrued income -€11,221
down €11,221 (-100%), from €11,221 to €0
- Tangible fixed assets -€11,046
down €11,046 (-30.3%), from €36,415 to €25,370
of which Furniture and vehicles: -€19,675
- Reserves +€159,494
up €159,494 (+45.5%), from €350,860 to €510,354
- Current portion of long-term debt -€16,432
down €16,432 (-82.9%), from €19,822 to €3,390
- Gross operating margin +€71,929
up €71,929 (+43.8%), from €164,318 to €236,247
- Taxes +€27,048
up €27,048 (+63.1%), from €42,847 to €69,895
- Financial income +€16,836
new in 2025: €16,836
- Depreciation +€5,372
up €5,372 (+32.0%), from €16,778 to €22,151
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 | €411,700 | €550,979 | +€139,279 | +33.8% |
| Fixed assets | 21/28 | €36,415 | €25,470 | -€10,946 | -30.1% |
| Tangible fixed assets | 22/27 | €36,415 | €25,370 | -€11,046 | -30.3% |
| Plant, machinery and equipment | 23 | €10,724 | €19,354 | +€8,629 | +80.5% |
| Furniture and vehicles | 24 | €25,691 | €6,016 | -€19,675 | -76.6% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €375,285 | €525,510 | +€150,225 | +40.0% |
| Amounts receivable within one year | 40/41 | €305,511 | €465,964 | +€160,453 | +52.5% |
| Trade receivables | 40 | €235 | €4,378 | +€4,144 | +1,766% |
| Other amounts receivable | 41 | €305,276 | €461,585 | +€156,309 | +51.2% |
| Cash at bank and in hand | 54/58 | €58,554 | €59,546 | +€993 | +1.7% |
| Deferred charges and accrued income | 490/1 | €11,221 | €0 | -€11,221 | -100% |
| Total equity and liabilities | 10/49 | €411,700 | €550,979 | +€139,279 | +33.8% |
| Equity | 10/15 | €351,410 | €510,904 | +€159,494 | +45.4% |
| Contributions | 10/11 | €550 | €550 | = | 0.0% |
| Reserves | 13 | €350,860 | €510,354 | +€159,494 | +45.5% |
| Distributable reserves | 133 | €350,860 | €510,354 | +€159,494 | +45.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €60,290 | €40,076 | -€20,215 | -33.5% |
| Amounts payable after more than one year | 17 | €3,390 | €0 | -€3,390 | -100% |
| Financial debts | 170/4 | €3,390 | €0 | -€3,390 | -100% |
| Amounts payable within one year | 42/48 | €56,532 | €40,076 | -€16,456 | -29.1% |
| Current portion of amounts payable after more than one year | 42 | €19,822 | €3,390 | -€16,432 | -82.9% |
| Trade debts | 44 | €300 | €2,364 | +€2,064 | +688% |
| Suppliers | 440/4 | €300 | €2,364 | +€2,064 | +688% |
| Taxes, remuneration and social security | 45 | €36,410 | €34,321 | -€2,089 | -5.7% |
| Taxes | 450/3 | €36,410 | €29,735 | -€6,675 | -18.3% |
| Remuneration and social security | 454/9 | - | €4,586 | +€4,586 | |
| Accrued charges and deferred income | 492/3 | €368 | €0 | -€368 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,778 | €22,151 | +€5,372 | +32.0% |
| Other operating charges | 640/8 | €1,183 | €865 | -€318 | -26.9% |
| Gross operating margin | 9900 | €164,318 | €236,247 | +€71,929 | +43.8% |
| Operating profit (loss) | 9901 | €146,357 | €213,232 | +€66,875 | +45.7% |
| Financial income | 75/76B | - | €16,836 | +€16,836 | |
| Recurring financial income | 75 | - | €16,836 | +€16,836 | |
| Financial charges | 65/66B | €1,596 | €678 | -€918 | -57.5% |
| Recurring financial charges | 65 | €1,596 | €678 | -€918 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €144,761 | €229,389 | +€84,628 | +58.5% |
| Income taxes | 67/77 | €42,847 | €69,895 | +€27,048 | +63.1% |
| Profit (loss) for the period | 9904 | €101,914 | €159,494 | +€57,580 | +56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €101,914 | €159,494 | +€57,580 | +56.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.