DOKTER ORBIE: 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 ORBIE
Largest movements
- Receivables within one year +€238,582
up €238,582 (+52.6%), from €453,668 to €692,250
of which Trade receivables: +€225,440
- Cash +€94,795
up €94,795 (+14.8%), from €640,267 to €735,061
mainly Net result for the year (+€586,300) and Tax, wage and social debts (+€77,486)
- Tangible fixed assets -€29,578
down €29,578 (-5.5%), from €537,913 to €508,335
of which Plant, machinery and equipment: -€17,766
- Reserves +€382,525
up €382,525 (+16.8%), from €2.3m to €2.7m
of which Distributable reserves: +€382,525
- Provisions -€126,954
no longer reported in 2025 (was €126,954)
- Tax, wage and social debts +€77,486
up €77,486 (+68.1%), from €113,795 to €191,281
of which Taxes: +€63,059
- Short-term financial debts -€40,542
no longer reported in 2025 (was €40,542)
- Gross operating margin +€268,156
up €268,156 (+41.6%), from €645,301 to €913,456
- Taxes +€78,386
up €78,386 (+39.0%), from €201,069 to €279,455
- Depreciation -€14,558
down €14,558 (-23.9%), from €60,979 to €46,421
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 | €2,572,449 | €2,868,189 | +€295,740 | +11.5% |
| Fixed assets | 21/28 | €537,913 | €508,335 | -€29,578 | -5.5% |
| Tangible fixed assets | 22/27 | €537,913 | €508,335 | -€29,578 | -5.5% |
| Land and buildings | 22 | €374,297 | €358,569 | -€15,728 | -4.2% |
| Plant, machinery and equipment | 23 | €152,117 | €134,351 | -€17,766 | -11.7% |
| Furniture and vehicles | 24 | €11,499 | €15,415 | +€3,916 | +34.1% |
| Current assets | 29/58 | €2,034,537 | €2,359,854 | +€325,318 | +16.0% |
| Amounts receivable within one year | 40/41 | €453,668 | €692,250 | +€238,582 | +52.6% |
| Trade receivables | 40 | €415,221 | €640,661 | +€225,440 | +54.3% |
| Other amounts receivable | 41 | €38,446 | €51,588 | +€13,142 | +34.2% |
| Current investments | 50/53 | €925,053 | €925,053 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €640,267 | €735,061 | +€94,795 | +14.8% |
| Deferred charges and accrued income | 490/1 | €15,549 | €7,490 | -€8,059 | -51.8% |
| Total equity and liabilities | 10/49 | €2,572,449 | €2,868,189 | +€295,740 | +11.5% |
| Equity | 10/15 | €2,288,887 | €2,671,412 | +€382,525 | +16.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,276,487 | €2,659,012 | +€382,525 | +16.8% |
| Tax-exempt reserves | 132 | €950 | €950 | = | 0.0% |
| Distributable reserves | 133 | €2,275,537 | €2,658,062 | +€382,525 | +16.8% |
| Provisions and deferred taxes | 16 | €126,954 | - | -€126,954 | |
| Provisions for liabilities and charges | 160/5 | €126,954 | - | -€126,954 | |
| Pensions and similar obligations | 160 | €126,954 | - | -€126,954 | |
| Amounts payable | 17/49 | €156,608 | €196,777 | +€40,169 | +25.6% |
| Amounts payable after more than one year | 17 | €100 | €100 | = | 0.0% |
| Other amounts payable | 178/9 | €100 | €100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €156,508 | €196,626 | +€40,117 | +25.6% |
| Financial debts | 43 | €40,542 | - | -€40,542 | |
| Other loans | 439 | €40,542 | - | -€40,542 | |
| Trade debts | 44 | €2,171 | €5,345 | +€3,173 | +146% |
| Suppliers | 440/4 | €2,171 | €5,345 | +€3,173 | +146% |
| Taxes, remuneration and social security | 45 | €113,795 | €191,281 | +€77,486 | +68.1% |
| Taxes | 450/3 | €113,795 | €176,854 | +€63,059 | +55.4% |
| Remuneration and social security | 454/9 | - | €14,427 | +€14,427 | |
| Accrued charges and deferred income | 492/3 | - | €52 | +€52 | |
| Non-recurring operating income | 76A | - | €126,954 | +€126,954 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,979 | €46,421 | -€14,558 | -23.9% |
| Other operating charges | 640/8 | €5,059 | €4,226 | -€833 | -16.5% |
| Gross operating margin | 9900 | €645,301 | €913,456 | +€268,156 | +41.6% |
| Operating profit (loss) | 9901 | €579,262 | €862,810 | +€283,547 | +48.9% |
| Financial income | 75/76B | €13,151 | €4,824 | -€8,327 | -63.3% |
| Recurring financial income | 75 | €13,151 | €4,824 | -€8,327 | -63.3% |
| Financial charges | 65/66B | €3,488 | €1,879 | -€1,609 | -46.1% |
| Recurring financial charges | 65 | €3,488 | €1,879 | -€1,609 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | €588,926 | €865,755 | +€276,829 | +47.0% |
| Income taxes | 67/77 | €201,069 | €279,455 | +€78,386 | +39.0% |
| Profit (loss) for the period | 9904 | €387,857 | €586,300 | +€198,443 | +51.2% |
| Transfer from tax-exempt reserves | 789 | €160,214 | - | -€160,214 | |
| Profit (loss) for the period to be appropriated | 9905 | €548,071 | €586,300 | +€38,229 | +7.0% |
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 19 October 2026 via checked.be.