DOKTER TANGHE: 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 TANGHE
Largest movements
- Cash +€69,383
up €69,383 (+87.0%), from €79,769 to €149,153
mainly Net result for the year (+€64,308) and Receivables within one year (+€33,004)
- Receivables within one year -€33,004
down €33,004 (-93.8%), from €35,186 to €2,182
of which Trade receivables: -€26,324
- Tangible fixed assets -€3,997
down €3,997 (-3.8%), from €103,888 to €99,891
of which Land and buildings: -€5,337
- Reserves +€64,308
up €64,308 (+51.1%), from €125,922 to €190,231
- Advances received +€29,170
new in 2025: €29,170
- Other debts -€21,572
down €21,572 (-99.1%), from €21,775 to €203
- Tax, wage and social debts -€14,907
down €14,907 (-60.1%), from €24,805 to €9,898
- Accrued charges and deferred income -€13,301
down €13,301 (-100%), from €13,301 to €0
- Provisions +€92,500
up €92,500, from -€92,500 to €0
- Gross operating margin +€84,717
up €84,717 (+333%), from €25,450 to €110,167
- Taxes -€4,546
down €4,546 (-12.7%), from €35,666 to €31,121
- Other operating charges -€2,435
down €2,435 (-44.1%), from €5,521 to €3,085
- Financial charges -€1,561
down €1,561 (-38.1%), from €4,096 to €2,535
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 | €221,643 | €253,833 | +€32,189 | +14.5% |
| Fixed assets | 21/28 | €104,198 | €100,201 | -€3,997 | -3.8% |
| Tangible fixed assets | 22/27 | €103,888 | €99,891 | -€3,997 | -3.8% |
| Land and buildings | 22 | €100,569 | €95,231 | -€5,337 | -5.3% |
| Plant, machinery and equipment | 23 | €3,139 | €4,584 | +€1,445 | +46.0% |
| Furniture and vehicles | 24 | €180 | €76 | -€105 | -58.0% |
| Financial fixed assets | 28 | €310 | €310 | = | 0.0% |
| Current assets | 29/58 | €117,445 | €153,631 | +€36,186 | +30.8% |
| Amounts receivable within one year | 40/41 | €35,186 | €2,182 | -€33,004 | -93.8% |
| Trade receivables | 40 | €28,506 | €2,182 | -€26,324 | -92.3% |
| Other amounts receivable | 41 | €6,680 | €0 | -€6,680 | -100% |
| Cash at bank and in hand | 54/58 | €79,769 | €149,153 | +€69,383 | +87.0% |
| Deferred charges and accrued income | 490/1 | €2,489 | €2,297 | -€193 | -7.7% |
| Total equity and liabilities | 10/49 | €221,643 | €253,833 | +€32,189 | +14.5% |
| Equity | 10/15 | €144,514 | €208,823 | +€64,308 | +44.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €125,922 | €190,231 | +€64,308 | +51.1% |
| Distributable reserves | 133 | €125,922 | €190,231 | +€64,308 | +51.1% |
| Amounts payable | 17/49 | €77,129 | €45,010 | -€32,119 | -41.6% |
| Amounts payable within one year | 42/48 | €63,827 | €45,010 | -€18,818 | -29.5% |
| Trade debts | 44 | €17,248 | €5,739 | -€11,509 | -66.7% |
| Suppliers | 440/4 | €17,248 | €5,739 | -€11,509 | -66.7% |
| Advances received on contracts in progress | 46 | - | €29,170 | +€29,170 | |
| Taxes, remuneration and social security | 45 | €24,805 | €9,898 | -€14,907 | -60.1% |
| Taxes | 450/3 | €24,805 | €9,898 | -€14,907 | -60.1% |
| Other amounts payable | 47/48 | €21,775 | €203 | -€21,572 | -99.1% |
| Accrued charges and deferred income | 492/3 | €13,301 | €0 | -€13,301 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,907 | €9,138 | -€768 | -7.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€92,500 | €0 | +€92,500 | |
| Other operating charges | 640/8 | €5,521 | €3,085 | -€2,435 | -44.1% |
| Gross operating margin | 9900 | €25,450 | €110,167 | +€84,717 | +333% |
| Operating profit (loss) | 9901 | €102,523 | €97,943 | -€4,579 | -4.5% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €4,096 | €2,535 | -€1,561 | -38.1% |
| Recurring financial charges | 65 | €4,096 | €2,535 | -€1,561 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €98,427 | €95,429 | -€2,998 | -3.0% |
| Income taxes | 67/77 | €35,666 | €31,121 | -€4,546 | -12.7% |
| Profit (loss) for the period | 9904 | €62,760 | €64,308 | +€1,548 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,760 | €64,308 | +€1,548 | +2.5% |
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 18 October 2026 via checked.be.