DOKTER M. BORMS: what changed
DOKTER M. BORMS
Largest movements
- Cash -€39,540
down €39,540 (-81.0%), from €48,801 to €9,262
mainly Net result for the year (-€35,252) and Other debts (-€24,592)
- Tangible fixed assets -€19,477
down €19,477 (-4.0%), from €491,076 to €471,599
of which Land and buildings: -€14,491
- Other debts -€24,592
down €24,592 (-91.7%), from €26,805 to €2,213
- Profit (loss) carried forward -€22,596
new in 2025: -€22,596
- Reserves -€12,656
down €12,656 (-2.5%), from €504,828 to €492,171
- Gross operating margin +€9,460
up €9,460 (+48.3%), from -€19,575 to -€10,115
- Depreciation -€2,179
down €2,179 (-10.1%), from €21,656 to €19,477
- Financial income -€431
down €431 (-97.5%), from €442 to €11
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 | €544,805 | €486,937 | -€57,868 | -10.6% |
| Fixed assets | 21/28 | €491,076 | €471,599 | -€19,477 | -4.0% |
| Tangible fixed assets | 22/27 | €491,076 | €471,599 | -€19,477 | -4.0% |
| Land and buildings | 22 | €450,008 | €435,517 | -€14,491 | -3.2% |
| Plant, machinery and equipment | 23 | €602 | - | -€602 | |
| Furniture and vehicles | 24 | €40,466 | €36,082 | -€4,384 | -10.8% |
| Current assets | 29/58 | €53,729 | €15,338 | -€38,391 | -71.5% |
| Amounts receivable within one year | 40/41 | €2,667 | €4,231 | +€1,563 | +58.6% |
| Trade receivables | 40 | - | €599 | +€599 | |
| Other amounts receivable | 41 | €2,667 | €3,632 | +€965 | +36.2% |
| Cash at bank and in hand | 54/58 | €48,801 | €9,262 | -€39,540 | -81.0% |
| Deferred charges and accrued income | 490/1 | €2,260 | €1,846 | -€415 | -18.3% |
| Total equity and liabilities | 10/49 | €544,805 | €486,937 | -€57,868 | -10.6% |
| Equity | 10/15 | €517,236 | €481,983 | -€35,252 | -6.8% |
| Contributions | 10/11 | €12,408 | €12,408 | = | 0.0% |
| Reserves | 13 | €504,828 | €492,171 | -€12,656 | -2.5% |
| Distributable reserves | 133 | €504,828 | €492,171 | -€12,656 | -2.5% |
| Profit (loss) carried forward | 14 | - | -€22,596 | -€22,596 | |
| Amounts payable | 17/49 | €27,570 | €4,954 | -€22,616 | -82.0% |
| Amounts payable within one year | 42/48 | €27,570 | €4,954 | -€22,616 | -82.0% |
| Financial debts | 43 | €765 | €1,010 | +€245 | +32.1% |
| Other loans | 439 | €765 | €1,010 | +€245 | +32.1% |
| Trade debts | 44 | - | €1,731 | +€1,731 | |
| Suppliers | 440/4 | - | €1,731 | +€1,731 | |
| Other amounts payable | 47/48 | €26,805 | €2,213 | -€24,592 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,656 | €19,477 | -€2,179 | -10.1% |
| Other operating charges | 640/8 | €4,723 | €4,879 | +€156 | +3.3% |
| Gross operating margin | 9900 | -€19,575 | -€10,115 | +€9,460 | +48.3% |
| Operating profit (loss) | 9901 | -€45,954 | -€34,470 | +€11,484 | +25.0% |
| Financial income | 75/76B | €442 | €11 | -€431 | -97.5% |
| Recurring financial income | 75 | €442 | €11 | -€431 | -97.5% |
| Financial charges | 65/66B | €434 | €423 | -€11 | -2.5% |
| Recurring financial charges | 65 | €434 | €423 | -€11 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€45,946 | -€34,882 | +€11,064 | +24.1% |
| Income taxes | 67/77 | €333 | €370 | +€37 | +11.2% |
| Profit (loss) for the period | 9904 | -€46,279 | -€35,252 | +€11,027 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,279 | -€35,252 | +€11,027 | +23.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.