DOKTER SMETS: what changed
What changed
DOKTER SMETS
filed annual accounts (NBB)
Net result for the year
€171,436
2024 · €172,151-€715
Equity
€1.1m
2024 · €1.0m+€58,270
Cash
€76,299
2024 · €64,650+€11,649
Balance sheet total
€1.4m
2024 · €1.4m-€25,414
Largest movements
Assets
- Tangible fixed assets -€35,895
down €35,895 (-2.9%), from €1.2m to €1.2m
of which Land and buildings: -€45,500
Equity and liabilities
- Debts after one year -€100,354
down €100,354 (-34.1%), from €294,039 to €193,684
- Reserves +€58,270
up €58,270 (+5.8%), from €1.0m to €1.1m
- Trade debts +€17,174
up €17,174 (+581%), from €2,956 to €20,130
Income statement
- Gross operating margin -€13,015
down €13,015 (-3.9%), from €337,654 to €324,640
- Taxes +€7,544
up €7,544 (+9.5%), from €79,630 to €87,174
- Financial charges -€5,093
down €5,093 (-32.0%), from €15,938 to €10,846
- Financial income -€3,781
down €3,781 (-52.1%), from €7,261 to €3,479
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
€172,151
Gross operating margin
-€13,015
Depreciation
-€134
Other operating charges
+€1,150
Other operating items
+€17,515
Financial income
-€3,781
Financial charges
+€5,093
Taxes
-€7,544
Result 2025
€171,436
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
+€243,855
Investment
-€19,122
Financing
-€213,085
Cash 2024
€64,650
From operations (derived)
+€243,855
Net result for the year
+€171,436
Depreciation
+€55,016
Receivables after one year
+€12,683
Receivables within one year
-€11,515
Trade debts
+€17,174
Tax, wage and social debts
-€939
Investment (derived)
-€19,122
Investment in fixed assets (net)
-€19,122
Financing
-€213,085
Debts after one year
-€100,354
Current portion of long-term debt
+€434
Contributions, distributions and other
-€113,165
Cash 2025
€76,299
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,410,163 | €1,384,748 | -€25,414 | -1.8% |
| Fixed assets | 21/28 | €1,230,636 | €1,194,741 | -€35,895 | -2.9% |
| Tangible fixed assets | 22/27 | €1,230,636 | €1,194,741 | -€35,895 | -2.9% |
| Land and buildings | 22 | €1,079,218 | €1,033,718 | -€45,500 | -4.2% |
| Plant, machinery and equipment | 23 | €124,985 | €127,546 | +€2,560 | +2.0% |
| Furniture and vehicles | 24 | €26,433 | €33,478 | +€7,045 | +26.7% |
| Current assets | 29/58 | €179,526 | €190,007 | +€10,480 | +5.8% |
| Amounts receivable after more than one year | 29 | €114,779 | €102,096 | -€12,683 | -11.1% |
| Other amounts receivable | 291 | €114,779 | €102,096 | -€12,683 | -11.1% |
| Amounts receivable within one year | 40/41 | €97 | €11,611 | +€11,515 | +11,926% |
| Other amounts receivable | 41 | €97 | €11,611 | +€11,515 | +11,926% |
| Cash at bank and in hand | 54/58 | €64,650 | €76,299 | +€11,649 | +18.0% |
| Total equity and liabilities | 10/49 | €1,410,163 | €1,384,748 | -€25,414 | -1.8% |
| Equity | 10/15 | €1,012,309 | €1,070,580 | +€58,270 | +5.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,006,112 | €1,064,382 | +€58,270 | +5.8% |
| Distributable reserves | 133 | €1,006,112 | €1,064,382 | +€58,270 | +5.8% |
| Amounts payable | 17/49 | €397,853 | €314,169 | -€83,685 | -21.0% |
| Amounts payable after more than one year | 17 | €294,039 | €193,684 | -€100,354 | -34.1% |
| Financial debts | 170/4 | €294,039 | €193,684 | -€100,354 | -34.1% |
| Amounts payable within one year | 42/48 | €103,815 | €120,484 | +€16,669 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €99,920 | €100,354 | +€434 | +0.4% |
| Trade debts | 44 | €2,956 | €20,130 | +€17,174 | +581% |
| Suppliers | 440/4 | €2,956 | €20,130 | +€17,174 | +581% |
| Taxes, remuneration and social security | 45 | €939 | - | -€939 | |
| Taxes | 450/3 | €939 | - | -€939 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,882 | €55,016 | +€134 | +0.2% |
| Other operating charges | 640/8 | €4,798 | €3,648 | -€1,150 | -24.0% |
| Non-recurring operating charges | 66A | €17,515 | - | -€17,515 | |
| Gross operating margin | 9900 | €337,654 | €324,640 | -€13,015 | -3.9% |
| Operating profit (loss) | 9901 | €260,459 | €265,976 | +€5,517 | +2.1% |
| Financial income | 75/76B | €7,261 | €3,479 | -€3,781 | -52.1% |
| Recurring financial income | 75 | €7,261 | €3,479 | -€3,781 | -52.1% |
| Financial charges | 65/66B | €15,938 | €10,846 | -€5,093 | -32.0% |
| Recurring financial charges | 65 | €15,938 | €10,846 | -€5,093 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €251,781 | €258,609 | +€6,828 | +2.7% |
| Income taxes | 67/77 | €79,630 | €87,174 | +€7,544 | +9.5% |
| Profit (loss) for the period | 9904 | €172,151 | €171,436 | -€715 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €172,151 | €171,436 | -€715 | -0.4% |
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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 2 November 2026 via checked.be.