DOKTER ELLEN HENDRICKX: 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 ELLEN HENDRICKX
Largest movements
- Cash +€218,596
up €218,596 (+32.2%), from €679,544 to €898,140
mainly Net result for the year (+€242,037) and Receivables within one year (+€12,434)
- Receivables within one year -€12,434
down €12,434 (-12.4%), from €100,482 to €88,048
of which Other amounts receivable: -€13,774
- Reserves +€208,204
up €208,204 (+27.2%), from €766,140 to €974,344
of which Distributable reserves: +€208,204
- Gross operating margin +€73,296
up €73,296 (+25.2%), from €290,353 to €363,649
- Taxes +€27,968
up €27,968 (+32.2%), from €86,778 to €114,746
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 | €805,075 | €1,013,037 | +€207,963 | +25.8% |
| Fixed assets | 21/28 | €25,049 | €26,849 | +€1,800 | +7.2% |
| Tangible fixed assets | 22/27 | €25,049 | €26,849 | +€1,800 | +7.2% |
| Furniture and vehicles | 24 | €15,147 | €10,787 | -€4,360 | -28.8% |
| Other tangible fixed assets | 26 | €9,902 | €16,062 | +€6,160 | +62.2% |
| Current assets | 29/58 | €780,026 | €986,188 | +€206,162 | +26.4% |
| Amounts receivable within one year | 40/41 | €100,482 | €88,048 | -€12,434 | -12.4% |
| Trade receivables | 40 | €3,486 | €4,826 | +€1,340 | +38.4% |
| Other amounts receivable | 41 | €96,996 | €83,222 | -€13,774 | -14.2% |
| Cash at bank and in hand | 54/58 | €679,544 | €898,140 | +€218,596 | +32.2% |
| Total equity and liabilities | 10/49 | €805,075 | €1,013,037 | +€207,963 | +25.8% |
| Equity | 10/15 | €778,540 | €986,744 | +€208,204 | +26.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €766,140 | €974,344 | +€208,204 | +27.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €764,280 | €972,484 | +€208,204 | +27.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,535 | €26,293 | -€242 | -0.9% |
| Amounts payable within one year | 42/48 | €26,535 | €26,293 | -€242 | -0.9% |
| Trade debts | 44 | €4,787 | €1,570 | -€3,217 | -67.2% |
| Suppliers | 440/4 | €4,787 | €1,570 | -€3,217 | -67.2% |
| Taxes, remuneration and social security | 45 | €1,249 | €10,022 | +€8,773 | +702% |
| Taxes | 450/3 | €1,249 | €10,022 | +€8,773 | +702% |
| Other amounts payable | 47/48 | €20,498 | €14,701 | -€5,797 | -28.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,980 | €4,360 | +€2,379 | +120% |
| Other operating charges | 640/8 | €3,951 | €1,142 | -€2,809 | -71.1% |
| Gross operating margin | 9900 | €290,353 | €363,649 | +€73,296 | +25.2% |
| Operating profit (loss) | 9901 | €284,422 | €358,147 | +€73,725 | +25.9% |
| Financial charges | 65/66B | €4,335 | €1,364 | -€2,971 | -68.5% |
| Recurring financial charges | 65 | €4,335 | €1,364 | -€2,971 | -68.5% |
| Profit (loss) for the period before taxes | 9903 | €280,087 | €356,783 | +€76,696 | +27.4% |
| Income taxes | 67/77 | €86,778 | €114,746 | +€27,968 | +32.2% |
| Profit (loss) for the period | 9904 | €193,309 | €242,037 | +€48,728 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €193,309 | €242,037 | +€48,728 | +25.2% |
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 21 October 2026 via checked.be.