DOKTER STUBBE ALEXANDRE: 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 STUBBE ALEXANDRE
Largest movements
- Cash +€110,908
up €110,908 (+165%), from €67,305 to €178,212
mainly Net result for the year (+€121,910) and Tax, wage and social debts (+€20,066)
- Receivables within one year +€28,886
new in 2025: €28,886
- Reserves +€121,910
up €121,910 (+216%), from €56,508 to €178,418
- Tax, wage and social debts +€20,066
up €20,066 (+129%), from €15,529 to €35,595
- Gross operating margin +€84,859
up €84,859 (+112%), from €75,570 to €160,429
- Taxes +€20,066
up €20,066 (+142%), from €14,179 to €34,245
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 | €76,752 | €218,379 | +€141,627 | +185% |
| Fixed assets | 21/28 | €9,107 | €9,333 | +€225 | +2.5% |
| Tangible fixed assets | 22/27 | €9,107 | €9,333 | +€225 | +2.5% |
| Furniture and vehicles | 24 | €9,107 | €9,333 | +€225 | +2.5% |
| Current assets | 29/58 | €67,644 | €209,047 | +€141,402 | +209% |
| Amounts receivable within one year | 40/41 | - | €28,886 | +€28,886 | |
| Trade receivables | 40 | - | €28,886 | +€28,886 | |
| Cash at bank and in hand | 54/58 | €67,305 | €178,212 | +€110,908 | +165% |
| Deferred charges and accrued income | 490/1 | €340 | €1,949 | +€1,609 | +473% |
| Total equity and liabilities | 10/49 | €76,752 | €218,379 | +€141,627 | +185% |
| Equity | 10/15 | €58,508 | €180,418 | +€121,910 | +208% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €56,508 | €178,418 | +€121,910 | +216% |
| Distributable reserves | 133 | €56,508 | €178,418 | +€121,910 | +216% |
| Amounts payable | 17/49 | €18,243 | €37,961 | +€19,718 | +108% |
| Amounts payable within one year | 42/48 | €18,243 | €37,897 | +€19,654 | +108% |
| Trade debts | 44 | €1,151 | €95 | -€1,056 | -91.7% |
| Suppliers | 440/4 | €1,151 | €95 | -€1,056 | -91.7% |
| Taxes, remuneration and social security | 45 | €15,529 | €35,595 | +€20,066 | +129% |
| Taxes | 450/3 | €15,529 | €35,595 | +€20,066 | +129% |
| Other amounts payable | 47/48 | €1,563 | €2,207 | +€644 | +41.2% |
| Accrued charges and deferred income | 492/3 | - | €63 | +€63 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,877 | €4,041 | -€836 | -17.1% |
| Other operating charges | 640/8 | - | €189 | +€189 | |
| Gross operating margin | 9900 | €75,570 | €160,429 | +€84,859 | +112% |
| Operating profit (loss) | 9901 | €70,692 | €156,199 | +€85,506 | +121% |
| Financial charges | 65/66B | €5 | €44 | +€39 | +865% |
| Recurring financial charges | 65 | €5 | €44 | +€39 | +865% |
| Profit (loss) for the period before taxes | 9903 | €70,688 | €156,155 | +€85,467 | +121% |
| Income taxes | 67/77 | €14,179 | €34,245 | +€20,066 | +142% |
| Profit (loss) for the period | 9904 | €56,508 | €121,910 | +€65,401 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €56,508 | €121,910 | +€65,401 | +116% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.