DR.ERIK DOCKX: 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.
DR.ERIK DOCKX
Largest movements
- Tangible fixed assets -€64,061
down €64,061 (-35.6%), from €179,802 to €115,741
of which Land and buildings: -€64,061
- Receivables within one year +€37,305
up €37,305 (+258%), from €14,462 to €51,767
of which Trade receivables: +€37,305
- Cash -€20,049
down €20,049 (-47.8%), from €41,913 to €21,864
mainly Debts after one year (-€48,654) and Receivables within one year (-€37,305)
- Deferred charges and accrued income -€19,427
down €19,427 (-72.2%), from €26,894 to €7,467
- Debts after one year -€48,654
down €48,654 (-46.8%), from €103,851 to €55,197
- Reserves +€18,365
up €18,365 (+60.2%), from €30,495 to €48,859
of which Distributable reserves: +€18,365
- Current portion of long-term debt -€17,192
down €17,192 (-26.1%), from €65,846 to €48,654
- Other debts -€10,329
down €10,329 (-33.1%), from €31,201 to €20,872
- Accrued charges and deferred income -€5,000
down €5,000 (-100%), from €5,000 to €0
- Gross operating margin -€8,042
down €8,042 (-6.2%), from €129,876 to €121,834
- Depreciation -€6,457
down €6,457 (-9.2%), from €70,517 to €64,061
- Taxes +€3,973
up €3,973 (+65.5%), from €6,065 to €10,039
- Staff costs +€2,001
up €2,001 (+13.7%), from €14,641 to €16,642
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 | €263,070 | €196,839 | -€66,231 | -25.2% |
| Fixed assets | 21/28 | €179,802 | €115,741 | -€64,061 | -35.6% |
| Tangible fixed assets | 22/27 | €179,802 | €115,741 | -€64,061 | -35.6% |
| Land and buildings | 22 | €179,802 | €115,741 | -€64,061 | -35.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €83,268 | €81,098 | -€2,171 | -2.6% |
| Amounts receivable within one year | 40/41 | €14,462 | €51,767 | +€37,305 | +258% |
| Trade receivables | 40 | €10,527 | €47,833 | +€37,305 | +354% |
| Other amounts receivable | 41 | €3,935 | €3,935 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,913 | €21,864 | -€20,049 | -47.8% |
| Deferred charges and accrued income | 490/1 | €26,894 | €7,467 | -€19,427 | -72.2% |
| Total equity and liabilities | 10/49 | €263,070 | €196,839 | -€66,231 | -25.2% |
| Equity | 10/15 | €42,895 | €61,259 | +€18,365 | +42.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €30,495 | €48,859 | +€18,365 | +60.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,635 | €46,999 | +€18,365 | +64.1% |
| Amounts payable | 17/49 | €220,176 | €135,580 | -€84,596 | -38.4% |
| Amounts payable after more than one year | 17 | €103,851 | €55,197 | -€48,654 | -46.8% |
| Financial debts | 170/4 | €103,851 | €55,197 | -€48,654 | -46.8% |
| Amounts payable within one year | 42/48 | €111,325 | €80,382 | -€30,943 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €65,846 | €48,654 | -€17,192 | -26.1% |
| Financial debts | 43 | €3,059 | €0 | -€3,059 | -100% |
| Credit institutions | 430/8 | €3,059 | €0 | -€3,059 | -100% |
| Trade debts | 44 | €7,947 | €4,322 | -€3,625 | -45.6% |
| Suppliers | 440/4 | €7,947 | €4,322 | -€3,625 | -45.6% |
| Taxes, remuneration and social security | 45 | €3,272 | €6,535 | +€3,263 | +99.7% |
| Taxes | 450/3 | €0 | €3,039 | +€3,039 | |
| Remuneration and social security | 454/9 | €3,272 | €3,496 | +€224 | +6.8% |
| Other amounts payable | 47/48 | €31,201 | €20,872 | -€10,329 | -33.1% |
| Accrued charges and deferred income | 492/3 | €5,000 | €0 | -€5,000 | -100% |
| Remuneration, social security and pensions | 62 | €14,641 | €16,642 | +€2,001 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,517 | €64,061 | -€6,457 | -9.2% |
| Other operating charges | 640/8 | €2,906 | €2,813 | -€94 | -3.2% |
| Gross operating margin | 9900 | €129,876 | €121,834 | -€8,042 | -6.2% |
| Operating profit (loss) | 9901 | €41,811 | €38,319 | -€3,492 | -8.4% |
| Financial income | 75/76B | €43 | €137 | +€93 | +215% |
| Recurring financial income | 75 | €43 | €137 | +€93 | +215% |
| Financial charges | 65/66B | €10,238 | €10,052 | -€186 | -1.8% |
| Recurring financial charges | 65 | €10,238 | €10,052 | -€186 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €31,617 | €28,404 | -€3,213 | -10.2% |
| Income taxes | 67/77 | €6,065 | €10,039 | +€3,973 | +65.5% |
| Profit (loss) for the period | 9904 | €25,551 | €18,365 | -€7,187 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,551 | €18,365 | -€7,187 | -28.1% |
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 24 October 2026 via checked.be.