DOKTER GILIS ESTER: 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 GILIS ESTER
Largest movements
- Tangible fixed assets -€40,125
down €40,125 (-7.8%), from €516,607 to €476,482
of which Land and buildings: -€38,358
- Cash +€37,102
up €37,102 (+32.3%), from €114,948 to €152,050
mainly Net result for the year (+€48,317) and Depreciation (+€42,289)
- Reserves +€48,317
up €48,317 (+28.8%), from €167,605 to €215,922
of which Distributable reserves: +€48,317
- Current portion of long-term debt -€46,707
no longer reported in 2025 (was €46,707)
- Gross operating margin -€11,533
down €11,533 (-9.2%), from €125,647 to €114,114
- Financial charges -€2,891
down €2,891 (-31.6%), from €9,155 to €6,264
- Taxes -€1,901
down €1,901 (-9.1%), from €20,892 to €18,991
- Financial income +€1,344
up €1,344 (+209%), from €644 to €1,988
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 | €671,857 | €670,774 | -€1,083 | -0.2% |
| Fixed assets | 21/28 | €516,607 | €476,482 | -€40,125 | -7.8% |
| Tangible fixed assets | 22/27 | €516,607 | €476,482 | -€40,125 | -7.8% |
| Land and buildings | 22 | €513,517 | €475,160 | -€38,358 | -7.5% |
| Plant, machinery and equipment | 23 | €2,017 | €807 | -€1,210 | -60.0% |
| Furniture and vehicles | 24 | €1,073 | €516 | -€557 | -51.9% |
| Current assets | 29/58 | €155,250 | €194,292 | +€39,042 | +25.1% |
| Amounts receivable within one year | 40/41 | €20,302 | €20,296 | -€5 | 0.0% |
| Trade receivables | 40 | €5,636 | €4,425 | -€1,212 | -21.5% |
| Other amounts receivable | 41 | €14,665 | €15,872 | +€1,206 | +8.2% |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €114,948 | €152,050 | +€37,102 | +32.3% |
| Deferred charges and accrued income | 490/1 | - | €1,945 | +€1,945 | |
| Total equity and liabilities | 10/49 | €671,857 | €670,774 | -€1,083 | -0.2% |
| Equity | 10/15 | €341,245 | €389,562 | +€48,317 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €167,605 | €215,922 | +€48,317 | +28.8% |
| 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 | €165,745 | €214,062 | +€48,317 | +29.2% |
| Profit (loss) carried forward | 14 | €155,040 | €155,040 | = | 0.0% |
| Amounts payable | 17/49 | €330,612 | €281,212 | -€49,400 | -14.9% |
| Amounts payable after more than one year | 17 | €263,038 | €263,038 | = | 0.0% |
| Financial debts | 170/4 | €263,038 | €263,038 | = | 0.0% |
| Amounts payable within one year | 42/48 | €67,574 | €18,173 | -€49,400 | -73.1% |
| Current portion of amounts payable after more than one year | 42 | €46,707 | - | -€46,707 | |
| Financial debts | 43 | €15,826 | €9,374 | -€6,452 | -40.8% |
| Credit institutions | 430/8 | €15,826 | €9,374 | -€6,452 | -40.8% |
| Trade debts | 44 | €440 | €4,200 | +€3,759 | +854% |
| Suppliers | 440/4 | €440 | €4,200 | +€3,759 | +854% |
| Taxes, remuneration and social security | 45 | €4,600 | €4,600 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,600 | €4,600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,528 | €42,289 | -€239 | -0.6% |
| Other operating charges | 640/8 | €236 | €240 | +€4 | +1.7% |
| Gross operating margin | 9900 | €125,647 | €114,114 | -€11,533 | -9.2% |
| Operating profit (loss) | 9901 | €82,882 | €71,585 | -€11,298 | -13.6% |
| Financial income | 75/76B | €644 | €1,988 | +€1,344 | +209% |
| Recurring financial income | 75 | €644 | €1,988 | +€1,344 | +209% |
| Financial charges | 65/66B | €9,155 | €6,264 | -€2,891 | -31.6% |
| Recurring financial charges | 65 | €9,155 | €6,264 | -€2,891 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €74,371 | €67,309 | -€7,063 | -9.5% |
| Income taxes | 67/77 | €20,892 | €18,991 | -€1,901 | -9.1% |
| Profit (loss) for the period | 9904 | €53,479 | €48,317 | -€5,162 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,479 | €48,317 | -€5,162 | -9.7% |
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 14 October 2026 via checked.be.