DOKTER ESSEL: 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 ESSEL
Largest movements
- Cash -€70,878
down €70,878 (-32.3%), from €219,652 to €148,775
mainly Contributions, distributions and other (-€115,637) and Current investments (-€55,199)
- Current investments +€55,199
up €55,199 (+11.2%), from €491,873 to €547,072
- Tangible fixed assets -€24,555
down €24,555 (-13.5%), from €182,122 to €157,567
of which Land and buildings: -€12,662
- Reserves -€19,359
down €19,359 (-2.5%), from €780,442 to €761,083
- Other debts -€11,765
down €11,765 (-9.1%), from €129,236 to €117,471
- Financial income -€38,809
down €38,809 (-86.0%), from €45,131 to €6,322
- Financial charges -€7,133
down €7,133 (-82.9%), from €8,602 to €1,468
- Gross operating margin -€4,052
down €4,052 (-2.3%), from €177,249 to €173,197
- Taxes -€2,116
down €2,116 (-4.3%), from €48,855 to €46,739
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 | €933,026 | €893,105 | -€39,922 | -4.3% |
| Fixed assets | 21/28 | €182,122 | €157,567 | -€24,555 | -13.5% |
| Tangible fixed assets | 22/27 | €182,122 | €157,567 | -€24,555 | -13.5% |
| Land and buildings | 22 | €162,431 | €149,769 | -€12,662 | -7.8% |
| Plant, machinery and equipment | 23 | €945 | €609 | -€337 | -35.6% |
| Furniture and vehicles | 24 | €11,812 | €1,107 | -€10,705 | -90.6% |
| Other tangible fixed assets | 26 | €6,934 | €6,082 | -€852 | -12.3% |
| Current assets | 29/58 | €750,905 | €735,538 | -€15,367 | -2.0% |
| Amounts receivable within one year | 40/41 | €38,622 | €39,024 | +€402 | +1.0% |
| Trade receivables | 40 | €82 | €4,302 | +€4,220 | +5,146% |
| Other amounts receivable | 41 | €38,540 | €34,722 | -€3,818 | -9.9% |
| Current investments | 50/53 | €491,873 | €547,072 | +€55,199 | +11.2% |
| Cash at bank and in hand | 54/58 | €219,652 | €148,775 | -€70,878 | -32.3% |
| Deferred charges and accrued income | 490/1 | €757 | €667 | -€90 | -11.9% |
| Total equity and liabilities | 10/49 | €933,026 | €893,105 | -€39,922 | -4.3% |
| Equity | 10/15 | €792,842 | €773,483 | -€19,359 | -2.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €780,442 | €761,083 | -€19,359 | -2.5% |
| Distributable reserves | 133 | €780,442 | €761,083 | -€19,359 | -2.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €140,184 | €119,621 | -€20,563 | -14.7% |
| Amounts payable within one year | 42/48 | €140,118 | €119,554 | -€20,564 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €3,391 | €0 | -€3,391 | -100% |
| Trade debts | 44 | €5,378 | €2,083 | -€3,295 | -61.3% |
| Suppliers | 440/4 | €5,378 | €2,083 | -€3,295 | -61.3% |
| Taxes, remuneration and social security | 45 | €2,113 | €0 | -€2,113 | -100% |
| Taxes | 450/3 | €2,113 | €0 | -€2,113 | -100% |
| Other amounts payable | 47/48 | €129,236 | €117,471 | -€11,765 | -9.1% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,120 | €31,365 | -€1,756 | -5.3% |
| Other operating charges | 640/8 | €3,942 | €3,468 | -€474 | -12.0% |
| Non-recurring operating charges | 66A | - | €200 | +€200 | |
| Gross operating margin | 9900 | €177,249 | €173,197 | -€4,052 | -2.3% |
| Operating profit (loss) | 9901 | €140,187 | €138,164 | -€2,023 | -1.4% |
| Financial income | 75/76B | €45,131 | €6,322 | -€38,809 | -86.0% |
| Recurring financial income | 75 | €45,131 | €6,322 | -€38,809 | -86.0% |
| Financial charges | 65/66B | €8,602 | €1,468 | -€7,133 | -82.9% |
| Recurring financial charges | 65 | €8,602 | €1,468 | -€7,133 | -82.9% |
| Profit (loss) for the period before taxes | 9903 | €176,716 | €143,017 | -€33,699 | -19.1% |
| Income taxes | 67/77 | €48,855 | €46,739 | -€2,116 | -4.3% |
| Profit (loss) for the period | 9904 | €127,861 | €96,278 | -€31,583 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €127,861 | €96,278 | -€31,583 | -24.7% |
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 27 October 2026 via checked.be.