DOKTER TORFS CARL: 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 TORFS CARL
Largest movements
- Cash -€269,236
down €269,236 (-12.5%), from €2.2m to €1.9m
mainly Contributions, distributions and other (-€494,000) and Receivables within one year (-€47,216)
- Receivables within one year +€47,216
up €47,216 (+126%), from €37,374 to €84,591
- Reserves -€250,724
down €250,724 (-11.7%), from €2.1m to €1.9m
- Tax, wage and social debts +€28,353
up €28,353 (+82.0%), from €34,564 to €62,918
of which Taxes: +€28,339
- Gross operating margin +€10,423
up €10,423 (+3.1%), from €335,174 to €345,598
- Taxes +€9,107
up €9,107 (+8.6%), from €106,047 to €115,154
- Financial income +€4,224
up €4,224 (+41.4%), from €10,202 to €14,425
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 | €2,189,575 | €1,967,232 | -€222,343 | -10.2% |
| Fixed assets | 21/28 | €1,893 | €1,570 | -€323 | -17.1% |
| Tangible fixed assets | 22/27 | €1,293 | €970 | -€323 | -25.0% |
| Land and buildings | 22 | €1,293 | €970 | -€323 | -25.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €2,187,682 | €1,965,662 | -€222,020 | -10.1% |
| Amounts receivable within one year | 40/41 | €37,374 | €84,591 | +€47,216 | +126% |
| Other amounts receivable | 41 | €37,374 | €84,591 | +€47,216 | +126% |
| Cash at bank and in hand | 54/58 | €2,150,308 | €1,881,071 | -€269,236 | -12.5% |
| Total equity and liabilities | 10/49 | €2,189,575 | €1,967,232 | -€222,343 | -10.2% |
| Equity | 10/15 | €2,154,481 | €1,903,757 | -€250,724 | -11.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €2,142,081 | €1,891,357 | -€250,724 | -11.7% |
| Distributable reserves | 133 | €2,142,081 | €1,891,357 | -€250,724 | -11.7% |
| Amounts payable | 17/49 | €35,094 | €63,475 | +€28,381 | +80.9% |
| Amounts payable within one year | 42/48 | €35,094 | €63,475 | +€28,381 | +80.9% |
| Trade debts | 44 | €530 | €557 | +€28 | +5.2% |
| Suppliers | 440/4 | €530 | €557 | +€28 | +5.2% |
| Taxes, remuneration and social security | 45 | €34,564 | €62,918 | +€28,353 | +82.0% |
| Taxes | 450/3 | €32,065 | €60,404 | +€28,339 | +88.4% |
| Remuneration and social security | 454/9 | €2,500 | €2,514 | +€14 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323 | €323 | = | 0.0% |
| Other operating charges | 640/8 | €1,267 | €1,238 | -€29 | -2.3% |
| Gross operating margin | 9900 | €335,174 | €345,598 | +€10,423 | +3.1% |
| Operating profit (loss) | 9901 | €333,584 | €344,036 | +€10,452 | +3.1% |
| Financial income | 75/76B | €10,202 | €14,425 | +€4,224 | +41.4% |
| Recurring financial income | 75 | €10,202 | €14,425 | +€4,224 | +41.4% |
| Financial charges | 65/66B | €81 | €32 | -€50 | -61.1% |
| Recurring financial charges | 65 | €81 | €32 | -€50 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €343,704 | €358,430 | +€14,726 | +4.3% |
| Income taxes | 67/77 | €106,047 | €115,154 | +€9,107 | +8.6% |
| Profit (loss) for the period | 9904 | €237,658 | €243,276 | +€5,618 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €237,658 | €243,276 | +€5,618 | +2.4% |
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 29 October 2026 via checked.be.