DOKTER IGNACE DE CORT: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
DOKTER IGNACE DE CORT
Largest movements
- Cash -€47,761
down €47,761 (-12.8%), from €374,446 to €326,685
mainly Contributions, distributions and other (-€196,199) and Debts after one year (-€24,671)
- Current investments -€39,739
no longer reported in 2025 (was €39,739)
- Receivables within one year -€9,538
no longer reported in 2025 (was €9,538)
- Tangible fixed assets -€9,213
down €9,213 (-6.7%), from €138,288 to €129,075
of which Land and buildings: -€17,445
- Reserves -€77,532
down €77,532 (-18.1%), from €429,406 to €351,873
of which Distributable reserves: -€77,532
- Debts after one year -€24,671
down €24,671 (-56.7%), from €43,542 to €18,871
- Tax, wage and social debts +€21,867
up €21,867 (+810%), from €2,700 to €24,567
of which Taxes: +€21,867
- Other debts -€13,109
down €13,109 (-26.7%), from €49,090 to €35,981
- Trade debts -€6,534
down €6,534 (-86.1%), from €7,586 to €1,052
- Financial income +€37,123
up €37,123 (+2,291,525%), from €2 to €37,124
- Taxes +€20,339
up €20,339 (+49.9%), from €40,749 to €61,088
- Gross operating margin +€6,653
up €6,653 (+4.2%), from €160,164 to €166,817
- Financial charges -€2,380
down €2,380 (-38.6%), from €6,163 to €3,783
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €563,557 | €457,115 | -€106,442 | -18.9% |
| Fixed assets | 21/28 | €139,403 | €130,190 | -€9,213 | -6.6% |
| Tangible fixed assets | 22/27 | €138,288 | €129,075 | -€9,213 | -6.7% |
| Land and buildings | 22 | €135,931 | €118,486 | -€17,445 | -12.8% |
| Plant, machinery and equipment | 23 | €1,082 | €10,214 | +€9,132 | +844% |
| Furniture and vehicles | 24 | €1,275 | €374 | -€901 | -70.6% |
| Financial fixed assets | 28 | €1,116 | €1,116 | = | 0.0% |
| Current assets | 29/58 | €424,154 | €326,925 | -€97,229 | -22.9% |
| Amounts receivable within one year | 40/41 | €9,538 | - | -€9,538 | |
| Other amounts receivable | 41 | €9,538 | - | -€9,538 | |
| Current investments | 50/53 | €39,739 | - | -€39,739 | |
| Cash at bank and in hand | 54/58 | €374,446 | €326,685 | -€47,761 | -12.8% |
| Deferred charges and accrued income | 490/1 | €431 | €240 | -€192 | -44.4% |
| Total equity and liabilities | 10/49 | €563,557 | €457,115 | -€106,442 | -18.9% |
| Equity | 10/15 | €429,506 | €351,973 | -€77,532 | -18.1% |
| Reserves | 13 | €429,406 | €351,873 | -€77,532 | -18.1% |
| Tax-exempt reserves | 132 | €17,500 | €17,500 | = | 0.0% |
| Distributable reserves | 133 | €411,906 | €334,373 | -€77,532 | -18.8% |
| Profit (loss) carried forward | 14 | €100 | €100 | = | 0.0% |
| Amounts payable | 17/49 | €134,051 | €105,142 | -€28,910 | -21.6% |
| Amounts payable after more than one year | 17 | €43,542 | €18,871 | -€24,671 | -56.7% |
| Financial debts | 170/4 | €43,542 | €18,871 | -€24,671 | -56.7% |
| Amounts payable within one year | 42/48 | €90,509 | €86,271 | -€4,238 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €31,133 | €24,671 | -€6,461 | -20.8% |
| Trade debts | 44 | €7,586 | €1,052 | -€6,534 | -86.1% |
| Suppliers | 440/4 | €7,586 | €1,052 | -€6,534 | -86.1% |
| Taxes, remuneration and social security | 45 | €2,700 | €24,567 | +€21,867 | +810% |
| Taxes | 450/3 | - | €21,867 | +€21,867 | |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 47/48 | €49,090 | €35,981 | -€13,109 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,023 | €19,486 | +€462 | +2.4% |
| Other operating charges | 640/8 | €1,745 | €918 | -€827 | -47.4% |
| Gross operating margin | 9900 | €160,164 | €166,817 | +€6,653 | +4.2% |
| Operating profit (loss) | 9901 | €139,396 | €146,413 | +€7,017 | +5.0% |
| Financial income | 75/76B | €2 | €37,124 | +€37,123 | +2,291,525% |
| Recurring financial income | 75 | €2 | €37,124 | +€37,123 | +2,291,525% |
| Financial charges | 65/66B | €6,163 | €3,783 | -€2,380 | -38.6% |
| Recurring financial charges | 65 | €6,163 | €3,783 | -€2,380 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | €133,234 | €179,754 | +€46,520 | +34.9% |
| Income taxes | 67/77 | €40,749 | €61,088 | +€20,339 | +49.9% |
| Profit (loss) for the period | 9904 | €92,486 | €118,666 | +€26,181 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €92,486 | €118,666 | +€26,181 | +28.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.