DOKTER FERRE GRIGNARD: 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 FERRE GRIGNARD
Largest movements
- Current investments +€113,783
new in 2025: €113,783
- Receivables within one year -€95,720
down €95,720 (-78.0%), from €122,767 to €27,047
of which Other amounts receivable: -€122,767
- Cash +€35,349
up €35,349 (+191%), from €18,506 to €53,854
mainly Receivables within one year (+€95,720) and Net result for the year (+€78,896)
- Profit (loss) carried forward +€39,725
no longer reported in 2025 (was -€39,725)
- Reserves +€39,171
up €39,171 (+27.8%), from €140,993 to €180,164
of which Distributable reserves: +€39,171
- Other debts -€24,520
down €24,520 (-77.3%), from €31,717 to €7,198
- Tax, wage and social debts -€3,010
down €3,010 (-12.0%), from €25,077 to €22,067
of which Taxes: -€3,742
- Gross operating margin +€145,649
up €145,649, from -€33,816 to €111,832
- Taxes +€19,204
up €19,204 (+9,041%), from €212 to €19,416
- Financial charges +€6,242
up €6,242 (+4,624%), from €135 to €6,377
- Other operating charges +€1,410
up €1,410 (+146%), from €968 to €2,379
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 | €170,799 | €222,140 | +€51,341 | +30.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €26,452 | €24,472 | -€1,980 | -7.5% |
| Tangible fixed assets | 22/27 | €26,452 | €24,472 | -€1,980 | -7.5% |
| Land and buildings | 22 | €20,864 | €18,697 | -€2,167 | -10.4% |
| Plant, machinery and equipment | 23 | €4,746 | €5,775 | +€1,028 | +21.7% |
| Furniture and vehicles | 24 | €842 | €0 | -€842 | -100% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €144,347 | €197,668 | +€53,321 | +36.9% |
| Amounts receivable within one year | 40/41 | €122,767 | €27,047 | -€95,720 | -78.0% |
| Trade receivables | 40 | - | €27,047 | +€27,047 | |
| Other amounts receivable | 41 | €122,767 | - | -€122,767 | |
| Current investments | 50/53 | - | €113,783 | +€113,783 | |
| Cash at bank and in hand | 54/58 | €18,506 | €53,854 | +€35,349 | +191% |
| Deferred charges and accrued income | 490/1 | €3,074 | €2,984 | -€90 | -2.9% |
| Total equity and liabilities | 10/49 | €170,799 | €222,140 | +€51,341 | +30.1% |
| Equity | 10/15 | €113,668 | €192,564 | +€78,896 | +69.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €140,993 | €180,164 | +€39,171 | +27.8% |
| Tax-exempt reserves | 132 | €15,671 | €15,671 | = | 0.0% |
| Distributable reserves | 133 | €125,322 | €164,493 | +€39,171 | +31.3% |
| Profit (loss) carried forward | 14 | -€39,725 | - | +€39,725 | |
| Amounts payable | 17/49 | €57,131 | €29,576 | -€27,555 | -48.2% |
| Amounts payable within one year | 42/48 | €57,131 | €29,576 | -€27,555 | -48.2% |
| Trade debts | 44 | €337 | €311 | -€25 | -7.6% |
| Suppliers | 440/4 | €337 | €311 | -€25 | -7.6% |
| Taxes, remuneration and social security | 45 | €25,077 | €22,067 | -€3,010 | -12.0% |
| Taxes | 450/3 | €23,158 | €19,416 | -€3,742 | -16.2% |
| Remuneration and social security | 454/9 | €1,919 | €2,651 | +€732 | +38.1% |
| Other amounts payable | 47/48 | €31,717 | €7,198 | -€24,520 | -77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,593 | €4,765 | +€172 | +3.7% |
| Other operating charges | 640/8 | €968 | €2,379 | +€1,410 | +146% |
| Gross operating margin | 9900 | -€33,816 | €111,832 | +€145,649 | |
| Operating profit (loss) | 9901 | -€39,378 | €104,689 | +€144,067 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +231% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +231% |
| Financial charges | 65/66B | €135 | €6,377 | +€6,242 | +4,624% |
| Recurring financial charges | 65 | €135 | €6,377 | +€6,242 | +4,624% |
| Profit (loss) for the period before taxes | 9903 | -€39,513 | €98,312 | +€137,825 | |
| Income taxes | 67/77 | €212 | €19,416 | +€19,204 | +9,041% |
| Profit (loss) for the period | 9904 | -€39,725 | €78,896 | +€118,621 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,725 | €78,896 | +€118,621 |
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 30 October 2026 via checked.be.