DOKTER SEGERS: 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 SEGERS
Largest movements
- Receivables within one year +€107,272
up €107,272 (+509%), from €21,065 to €128,337
of which Other amounts receivable: +€91,972
- Tangible fixed assets +€82,942
up €82,942 (+82.1%), from €100,968 to €183,910
of which Leasing and similar rights: +€63,591
- Cash +€35,078
up €35,078 (+100%), from €34,975 to €70,053
mainly Net result for the year (+€170,898) and Debts after one year (+€60,108)
- Reserves +€170,898
up €170,898 (+29.2%), from €584,823 to €755,721
of which Distributable reserves: +€170,898
- Debts after one year +€60,108
up €60,108 (+164%), from €36,562 to €96,669
- Advances received +€26,015
up €26,015 (+25,024%), from €104 to €26,119
- Current portion of long-term debt -€20,385
down €20,385 (-39.0%), from €52,215 to €31,830
- Taxes -€15,132
down €15,132 (-20.0%), from €75,720 to €60,588
- Depreciation -€12,354
down €12,354 (-35.4%), from €34,855 to €22,502
- Financial income +€10,380
up €10,380 (+34.5%), from €30,131 to €40,512
- Gross operating margin +€8,774
up €8,774 (+3.3%), from €268,986 to €277,761
- Other operating charges +€5,239
up €5,239 (+97.0%), from €5,403 to €10,642
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,107,739 | €1,333,146 | +€225,407 | +20.3% |
| Fixed assets | 21/28 | €100,968 | €183,910 | +€82,942 | +82.1% |
| Tangible fixed assets | 22/27 | €100,968 | €183,910 | +€82,942 | +82.1% |
| Plant, machinery and equipment | 23 | €5,015 | €3,071 | -€1,944 | -38.8% |
| Furniture and vehicles | 24 | €2,987 | €6,081 | +€3,094 | +104% |
| Leasing and similar rights | 25 | €14,040 | €77,632 | +€63,591 | +453% |
| Other tangible fixed assets | 26 | €78,926 | €97,127 | +€18,201 | +23.1% |
| Current assets | 29/58 | €1,006,771 | €1,149,236 | +€142,465 | +14.2% |
| Amounts receivable after more than one year | 29 | €950,000 | €950,000 | = | 0.0% |
| Other amounts receivable | 291 | €950,000 | €950,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,065 | €128,337 | +€107,272 | +509% |
| Trade receivables | 40 | €11,351 | €26,652 | +€15,301 | +135% |
| Other amounts receivable | 41 | €9,713 | €101,685 | +€91,972 | +947% |
| Current investments | 50/53 | €732 | €847 | +€115 | +15.7% |
| Cash at bank and in hand | 54/58 | €34,975 | €70,053 | +€35,078 | +100% |
| Total equity and liabilities | 10/49 | €1,107,739 | €1,333,146 | +€225,407 | +20.3% |
| Equity | 10/15 | €934,434 | €1,105,332 | +€170,898 | +18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €584,823 | €755,721 | +€170,898 | +29.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,124 | €10,124 | = | 0.0% |
| Distributable reserves | 133 | €572,840 | €743,737 | +€170,898 | +29.8% |
| Profit (loss) carried forward | 14 | €331,010 | €331,010 | = | 0.0% |
| Amounts payable | 17/49 | €173,305 | €227,815 | +€54,510 | +31.5% |
| Amounts payable after more than one year | 17 | €36,562 | €96,669 | +€60,108 | +164% |
| Financial debts | 170/4 | €36,562 | €96,669 | +€60,108 | +164% |
| Amounts payable within one year | 42/48 | €136,744 | €129,481 | -€7,263 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €52,215 | €31,830 | -€20,385 | -39.0% |
| Trade debts | 44 | €16,149 | €16,295 | +€146 | +0.9% |
| Suppliers | 440/4 | €16,149 | €16,295 | +€146 | +0.9% |
| Advances received on contracts in progress | 46 | €104 | €26,119 | +€26,015 | +25,024% |
| Taxes, remuneration and social security | 45 | €68,275 | €55,237 | -€13,039 | -19.1% |
| Taxes | 450/3 | €62,785 | €46,581 | -€16,204 | -25.8% |
| Remuneration and social security | 454/9 | €5,491 | €8,656 | +€3,165 | +57.6% |
| Accrued charges and deferred income | 492/3 | - | €1,665 | +€1,665 | |
| Non-recurring operating income | 76A | - | €7,460 | +€7,460 | |
| Remuneration, social security and pensions | 62 | €45,676 | €44,654 | -€1,022 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,855 | €22,502 | -€12,354 | -35.4% |
| Other operating charges | 640/8 | €5,403 | €10,642 | +€5,239 | +97.0% |
| Non-recurring operating charges | 66A | - | €3,220 | +€3,220 | |
| Gross operating margin | 9900 | €268,986 | €277,761 | +€8,774 | +3.3% |
| Operating profit (loss) | 9901 | €183,052 | €196,743 | +€13,691 | +7.5% |
| Financial income | 75/76B | €30,131 | €40,512 | +€10,380 | +34.5% |
| Recurring financial income | 75 | €30,131 | €40,512 | +€10,380 | +34.5% |
| Financial charges | 65/66B | €4,167 | €5,769 | +€1,602 | +38.4% |
| Recurring financial charges | 65 | €4,167 | €5,769 | +€1,602 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | €209,016 | €231,486 | +€22,470 | +10.8% |
| Income taxes | 67/77 | €75,720 | €60,588 | -€15,132 | -20.0% |
| Profit (loss) for the period | 9904 | €133,296 | €170,898 | +€37,602 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €133,296 | €170,898 | +€37,602 | +28.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.