DOKTER I. THIJS: 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 I. THIJS
Largest movements
- Cash +€100,723
up €100,723 (+65.6%), from €153,639 to €254,362
mainly Net result for the year (+€97,293) and Depreciation (+€46,832)
- Tangible fixed assets -€46,832
down €46,832 (-4.5%), from €1.0m to €1.0m
of which Land and buildings: -€44,762
- Reserves +€97,293
up €97,293 (+19.1%), from €508,344 to €605,637
of which Distributable reserves: +€97,293
- Debts after one year -€59,501
down €59,501 (-14.8%), from €403,245 to €343,744
- Tax, wage and social debts +€23,279
up €23,279 (+101%), from €23,072 to €46,351
of which Taxes: +€23,279
- Gross operating margin +€38,154
up €38,154 (+21.5%), from €177,218 to €215,372
- Taxes +€14,301
up €14,301 (+48.9%), from €29,271 to €43,572
- Financial income -€4,089
down €4,089 (-53.2%), from €7,693 to €3,604
- Financial charges -€3,013
down €3,013 (-11.7%), from €25,850 to €22,837
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 | €1,424,535 | €1,481,878 | +€57,342 | +4.0% |
| Fixed assets | 21/28 | €1,049,448 | €1,002,616 | -€46,832 | -4.5% |
| Tangible fixed assets | 22/27 | €1,046,948 | €1,000,116 | -€46,832 | -4.5% |
| Land and buildings | 22 | €1,040,870 | €996,108 | -€44,762 | -4.3% |
| Plant, machinery and equipment | 23 | €2,878 | €1,707 | -€1,171 | -40.7% |
| Furniture and vehicles | 24 | €3,200 | €2,301 | -€899 | -28.1% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €375,087 | €479,262 | +€104,175 | +27.8% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Trade receivables | 290 | €120,000 | €120,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €101,448 | €104,899 | +€3,451 | +3.4% |
| Other amounts receivable | 41 | €101,448 | €104,899 | +€3,451 | +3.4% |
| Cash at bank and in hand | 54/58 | €153,639 | €254,362 | +€100,723 | +65.6% |
| Total equity and liabilities | 10/49 | €1,424,535 | €1,481,878 | +€57,342 | +4.0% |
| Equity | 10/15 | €829,870 | €927,163 | +€97,293 | +11.7% |
| Contributions | 10/11 | €321,526 | €321,526 | = | 0.0% |
| Reserves | 13 | €508,344 | €605,637 | +€97,293 | +19.1% |
| Tax-exempt reserves | 132 | €19,318 | €19,318 | = | 0.0% |
| Distributable reserves | 133 | €489,027 | €586,320 | +€97,293 | +19.9% |
| Amounts payable | 17/49 | €594,666 | €554,715 | -€39,951 | -6.7% |
| Amounts payable after more than one year | 17 | €403,245 | €343,744 | -€59,501 | -14.8% |
| Financial debts | 170/4 | €403,245 | €343,744 | -€59,501 | -14.8% |
| Amounts payable within one year | 42/48 | €191,421 | €210,971 | +€19,550 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €59,421 | €50,925 | -€8,496 | -14.3% |
| Trade debts | 44 | €946 | €1,834 | +€888 | +93.9% |
| Suppliers | 440/4 | €946 | €1,834 | +€888 | +93.9% |
| Taxes, remuneration and social security | 45 | €23,072 | €46,351 | +€23,279 | +101% |
| Taxes | 450/3 | €16,655 | €39,934 | +€23,279 | +140% |
| Remuneration and social security | 454/9 | €6,417 | €6,417 | = | 0.0% |
| Other amounts payable | 47/48 | €107,983 | €111,862 | +€3,879 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,891 | €46,832 | -€59 | -0.1% |
| Other operating charges | 640/8 | €9,026 | €8,442 | -€585 | -6.5% |
| Gross operating margin | 9900 | €177,218 | €215,372 | +€38,154 | +21.5% |
| Operating profit (loss) | 9901 | €121,301 | €160,098 | +€38,797 | +32.0% |
| Financial income | 75/76B | €7,693 | €3,604 | -€4,089 | -53.2% |
| Recurring financial income | 75 | €7,693 | €3,604 | -€4,089 | -53.2% |
| Financial charges | 65/66B | €25,850 | €22,837 | -€3,013 | -11.7% |
| Recurring financial charges | 65 | €25,850 | €22,837 | -€3,013 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €103,144 | €140,865 | +€37,721 | +36.6% |
| Income taxes | 67/77 | €29,271 | €43,572 | +€14,301 | +48.9% |
| Profit (loss) for the period | 9904 | €73,873 | €97,293 | +€23,420 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,873 | €97,293 | +€23,420 | +31.7% |
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 1 November 2026 via checked.be.