DOKTER P.ROELS: 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 P.ROELS
Largest movements
- Current investments +€168,258
up €168,258 (+168%), from €100,000 to €268,258
- Cash -€105,892
down €105,892 (-65.5%), from €161,676 to €55,784
mainly Current investments (-€168,258) and Other debts (-€30,315)
- Tangible fixed assets -€22,137
no longer reported in 2026 (was €22,137)
- Receivables within one year +€7,057
new in 2026: €7,057
- Reserves +€65,703
up €65,703 (+35.9%), from €182,941 to €248,643
of which Distributable reserves: +€65,703
- Other debts -€30,315
down €30,315 (-39.0%), from €77,659 to €47,345
- Tax, wage and social debts +€15,531
up €15,531 (+705%), from €2,204 to €17,735
- Current portion of long-term debt -€7,032
no longer reported in 2026 (was €7,032)
- Gross operating margin +€53,692
up €53,692 (+105%), from €51,117 to €104,809
- Taxes +€17,649
up €17,649 (+123%), from €14,376 to €32,025
- Depreciation -€2,245
down €2,245 (-27.5%), from €8,162 to €5,917
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €286,534 | €331,689 | +€45,155 | +15.8% |
| Fixed assets | 21/28 | €22,137 | - | -€22,137 | |
| Tangible fixed assets | 22/27 | €22,137 | - | -€22,137 | |
| Plant, machinery and equipment | 23 | €3,883 | - | -€3,883 | |
| Furniture and vehicles | 24 | €9,503 | - | -€9,503 | |
| Other tangible fixed assets | 26 | €8,750 | - | -€8,750 | |
| Current assets | 29/58 | €264,398 | €331,689 | +€67,291 | +25.5% |
| Amounts receivable within one year | 40/41 | - | €7,057 | +€7,057 | |
| Trade receivables | 40 | - | €7,057 | +€7,057 | |
| Current investments | 50/53 | €100,000 | €268,258 | +€168,258 | +168% |
| Cash at bank and in hand | 54/58 | €161,676 | €55,784 | -€105,892 | -65.5% |
| Deferred charges and accrued income | 490/1 | €2,722 | €590 | -€2,132 | -78.3% |
| Total equity and liabilities | 10/49 | €286,534 | €331,689 | +€45,155 | +15.8% |
| Equity | 10/15 | €199,365 | €265,067 | +€65,703 | +33.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €182,941 | €248,643 | +€65,703 | +35.9% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €181,066 | €246,768 | +€65,703 | +36.3% |
| Profit (loss) carried forward | 14 | €3,924 | €3,924 | = | 0.0% |
| Amounts payable | 17/49 | €87,170 | €66,622 | -€20,548 | -23.6% |
| Amounts payable within one year | 42/48 | €87,170 | €66,622 | -€20,548 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €7,032 | - | -€7,032 | |
| Trade debts | 44 | €274 | €1,543 | +€1,268 | +463% |
| Suppliers | 440/4 | €274 | €1,543 | +€1,268 | +463% |
| Taxes, remuneration and social security | 45 | €2,204 | €17,735 | +€15,531 | +705% |
| Taxes | 450/3 | €2,204 | €17,735 | +€15,531 | +705% |
| Other amounts payable | 47/48 | €77,659 | €47,345 | -€30,315 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,162 | €5,917 | -€2,245 | -27.5% |
| Other operating charges | 640/8 | €1,327 | €1,907 | +€579 | +43.6% |
| Gross operating margin | 9900 | €51,117 | €104,809 | +€53,692 | +105% |
| Operating profit (loss) | 9901 | €41,628 | €96,986 | +€55,358 | +133% |
| Financial income | 75/76B | €573 | €967 | +€393 | +68.6% |
| Recurring financial income | 75 | €573 | €967 | +€393 | +68.6% |
| Financial charges | 65/66B | €690 | €226 | -€464 | -67.3% |
| Recurring financial charges | 65 | €690 | €226 | -€464 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | €41,511 | €97,727 | +€56,216 | +135% |
| Income taxes | 67/77 | €14,376 | €32,025 | +€17,649 | +123% |
| Profit (loss) for the period | 9904 | €27,135 | €65,703 | +€38,567 | +142% |
| Profit (loss) for the period to be appropriated | 9905 | €27,135 | €65,703 | +€38,567 | +142% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.