DOKTER ERIC DHONDT: 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 ERIC DHONDT
Largest movements
- Current investments +€58,968
up €58,968 (+6.9%), from €858,442 to €917,410
- Cash -€11,487
down €11,487 (-10.5%), from €108,901 to €97,415
mainly Current investments (-€58,968) and Tax, wage and social debts (-€7,726)
- Reserves +€56,684
up €56,684 (+5.8%), from €971,646 to €1.0m
- Gross operating margin -€10,095
down €10,095 (-11.6%), from €87,163 to €77,068
- Financial income +€7,976
up €7,976 (+155%), from €5,162 to €13,138
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 | €1,002,915 | €1,050,822 | +€47,907 | +4.8% |
| Fixed assets | 21/28 | €3,382 | €2,942 | -€441 | -13.0% |
| Tangible fixed assets | 22/27 | €3,293 | €2,852 | -€441 | -13.4% |
| Plant, machinery and equipment | 23 | €524 | €83 | -€441 | -84.1% |
| Other tangible fixed assets | 26 | €2,769 | €2,769 | = | 0.0% |
| Financial fixed assets | 28 | €89 | €89 | = | 0.0% |
| Current assets | 29/58 | €999,532 | €1,047,880 | +€48,348 | +4.8% |
| Amounts receivable within one year | 40/41 | €21,809 | €23,911 | +€2,102 | +9.6% |
| Trade receivables | 40 | €13,139 | €13,537 | +€398 | +3.0% |
| Other amounts receivable | 41 | €8,670 | €10,374 | +€1,704 | +19.7% |
| Current investments | 50/53 | €858,442 | €917,410 | +€58,968 | +6.9% |
| Cash at bank and in hand | 54/58 | €108,901 | €97,415 | -€11,487 | -10.5% |
| Deferred charges and accrued income | 490/1 | €10,380 | €9,144 | -€1,235 | -11.9% |
| Total equity and liabilities | 10/49 | €1,002,915 | €1,050,822 | +€47,907 | +4.8% |
| Equity | 10/15 | €984,043 | €1,040,728 | +€56,684 | +5.8% |
| Contributions | 10/11 | €12,397 | €12,397 | = | 0.0% |
| Reserves | 13 | €971,646 | €1,028,330 | +€56,684 | +5.8% |
| Distributable reserves | 133 | €971,646 | €1,028,330 | +€56,684 | +5.8% |
| Amounts payable | 17/49 | €18,871 | €10,094 | -€8,777 | -46.5% |
| Amounts payable within one year | 42/48 | €18,009 | €9,197 | -€8,812 | -48.9% |
| Trade debts | 44 | €2,816 | €1,730 | -€1,086 | -38.6% |
| Suppliers | 440/4 | €2,816 | €1,730 | -€1,086 | -38.6% |
| Taxes, remuneration and social security | 45 | €15,193 | €7,467 | -€7,726 | -50.8% |
| Taxes | 450/3 | €15,193 | €7,467 | -€7,726 | -50.8% |
| Accrued charges and deferred income | 492/3 | €862 | €897 | +€35 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496 | €441 | -€56 | -11.2% |
| Other operating charges | 640/8 | €3,567 | €3,653 | +€86 | +2.4% |
| Gross operating margin | 9900 | €87,163 | €77,068 | -€10,095 | -11.6% |
| Operating profit (loss) | 9901 | €83,100 | €72,975 | -€10,125 | -12.2% |
| Financial income | 75/76B | €5,162 | €13,138 | +€7,976 | +155% |
| Recurring financial income | 75 | €5,162 | €13,138 | +€7,976 | +155% |
| Financial charges | 65/66B | €275 | €334 | +€58 | +21.2% |
| Recurring financial charges | 65 | €275 | €334 | +€58 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €87,986 | €85,779 | -€2,207 | -2.5% |
| Income taxes | 67/77 | €29,106 | €29,095 | -€11 | 0.0% |
| Profit (loss) for the period | 9904 | €58,880 | €56,684 | -€2,196 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,880 | €56,684 | -€2,196 | -3.7% |
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 26 October 2026 via checked.be.