DOKTER LUC ENGELS: what changed
What changed
DOKTER LUC ENGELS
NACE 74.999, Other professional, scientific and technical activities
filed annual accounts (NBB)
Net result for the year
€214,505
2024 · €350,540-€136,035
Equity
€1.4m
2024 · €1.3m+€89,621
Cash
€287,842
2024 · €368,137-€80,295
Balance sheet total
€1.6m
2024 · €1.6m+€24,197
Largest movements
Assets
- Current investments +€113,060
up €113,060 (+9.5%), from €1.2m to €1.3m
- Cash -€80,295
down €80,295 (-21.8%), from €368,137 to €287,842
mainly Contributions, distributions and other (-€124,884) and Current investments (-€113,060)
Equity and liabilities
- Advances received -€89,825
down €89,825 (-49.7%), from €180,855 to €91,030
- Reserves +€89,621
up €89,621 (+6.7%), from €1.3m to €1.4m
- Tax, wage and social debts +€17,790
up €17,790 (+29.3%), from €60,634 to €78,424
of which Taxes: +€17,967
Income statement
- Financial income -€122,192
down €122,192 (-99.8%), from €122,421 to €229
- Gross operating margin -€8,205
down €8,205 (-2.1%), from €384,123 to €375,918
- Taxes +€3,906
up €3,906 (+3.0%), from €129,435 to €133,341
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.
Result 2024
€350,540
Gross operating margin
-€8,205
Staff costs
-€2,408
Depreciation
-€1,338
Other operating charges
+€1,325
Other operating items
+€25
Financial income
-€122,192
Financial charges
+€664
Taxes
-€3,906
Result 2025
€214,505
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€166,309
Investment
-€121,720
Financing
-€124,884
Cash 2024
€368,137
From operations (derived)
+€166,309
Net result for the year
+€214,505
Depreciation
+€2,497
Receivables within one year
+€7,206
Deferred charges and accrued income
+€7,525
Trade debts
+€51
Tax, wage and social debts
+€17,790
Advances received
-€89,825
Other debts
+€6,560
Investment (derived)
-€121,720
Investment in fixed assets (net)
-€8,660
Current investments
-€113,060
Financing
-€124,884
Contributions, distributions and other
-€124,884
Cash 2025
€287,842
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,601,950 | €1,626,147 | +€24,197 | +1.5% |
| Fixed assets | 21/28 | €1,610 | €7,773 | +€6,163 | +383% |
| Tangible fixed assets | 22/27 | €1,460 | €7,623 | +€6,163 | +422% |
| Plant, machinery and equipment | 23 | €433 | €2,594 | +€2,161 | +499% |
| Furniture and vehicles | 24 | - | €4,344 | +€4,344 | |
| Other tangible fixed assets | 26 | €1,027 | €685 | -€342 | -33.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €1,600,340 | €1,618,374 | +€18,034 | +1.1% |
| Amounts receivable within one year | 40/41 | €36,890 | €29,684 | -€7,206 | -19.5% |
| Trade receivables | 40 | €35,705 | €15,983 | -€19,722 | -55.2% |
| Other amounts receivable | 41 | €1,185 | €13,701 | +€12,516 | +1,056% |
| Current investments | 50/53 | €1,185,500 | €1,298,560 | +€113,060 | +9.5% |
| Cash at bank and in hand | 54/58 | €368,137 | €287,842 | -€80,295 | -21.8% |
| Deferred charges and accrued income | 490/1 | €9,813 | €2,288 | -€7,525 | -76.7% |
| Total equity and liabilities | 10/49 | €1,601,950 | €1,626,147 | +€24,197 | +1.5% |
| Equity | 10/15 | €1,345,554 | €1,435,175 | +€89,621 | +6.7% |
| Contributions | 10/11 | €12,950 | €12,950 | = | 0.0% |
| Reserves | 13 | €1,332,604 | €1,422,225 | +€89,621 | +6.7% |
| Distributable reserves | 133 | €1,332,604 | €1,422,225 | +€89,621 | +6.7% |
| Amounts payable | 17/49 | €256,396 | €190,972 | -€65,424 | -25.5% |
| Amounts payable within one year | 42/48 | €256,396 | €190,972 | -€65,424 | -25.5% |
| Trade debts | 44 | €8,075 | €8,126 | +€51 | +0.6% |
| Suppliers | 440/4 | €8,075 | €8,126 | +€51 | +0.6% |
| Advances received on contracts in progress | 46 | €180,855 | €91,030 | -€89,825 | -49.7% |
| Taxes, remuneration and social security | 45 | €60,634 | €78,424 | +€17,790 | +29.3% |
| Taxes | 450/3 | €56,853 | €74,820 | +€17,967 | +31.6% |
| Remuneration and social security | 454/9 | €3,781 | €3,604 | -€177 | -4.7% |
| Other amounts payable | 47/48 | €6,832 | €13,392 | +€6,560 | +96.0% |
| Remuneration, social security and pensions | 62 | €21,789 | €24,197 | +€2,408 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,159 | €2,497 | +€1,338 | +115% |
| Other operating charges | 640/8 | €2,835 | €1,510 | -€1,325 | -46.7% |
| Non-recurring operating charges | 66A | €25 | - | -€25 | |
| Gross operating margin | 9900 | €384,123 | €375,918 | -€8,205 | -2.1% |
| Operating profit (loss) | 9901 | €358,315 | €347,714 | -€10,601 | -3.0% |
| Financial income | 75/76B | €122,421 | €229 | -€122,192 | -99.8% |
| Recurring financial income | 75 | €122,421 | €229 | -€122,192 | -99.8% |
| Financial charges | 65/66B | €761 | €97 | -€664 | -87.3% |
| Recurring financial charges | 65 | €761 | €97 | -€664 | -87.3% |
| Profit (loss) for the period before taxes | 9903 | €479,975 | €347,846 | -€132,129 | -27.5% |
| Income taxes | 67/77 | €129,435 | €133,341 | +€3,906 | +3.0% |
| Profit (loss) for the period | 9904 | €350,540 | €214,505 | -€136,035 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €350,540 | €214,505 | -€136,035 | -38.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
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 4 November 2026 via checked.be.