Dr. Fivez Lotte: 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. Fivez Lotte
Largest movements
- Current investments +€58,858
up €58,858 (+155%), from €37,965 to €96,822
- Cash -€52,248
down €52,248 (-54.2%), from €96,389 to €44,141
mainly Contributions, distributions and other (-€204,077) and Current investments (-€58,858)
- Reserves -€98,159
down €98,159 (-73.4%), from €133,653 to €35,494
- Other debts +€91,738
up €91,738 (+1,884%), from €4,870 to €96,608
- Tax, wage and social debts +€12,456
up €12,456 (+287%), from €4,346 to €16,802
- Gross operating margin +€10,850
up €10,850 (+8.9%), from €121,936 to €132,786
- Taxes +€2,204
up €2,204 (+8.1%), from €27,298 to €29,503
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 | €162,057 | €167,504 | +€5,447 | +3.4% |
| Current assets | 29/58 | €162,057 | €167,504 | +€5,447 | +3.4% |
| Amounts receivable within one year | 40/41 | €26,407 | €25,026 | -€1,380 | -5.2% |
| Other amounts receivable | 41 | €26,407 | €25,026 | -€1,380 | -5.2% |
| Current investments | 50/53 | €37,965 | €96,822 | +€58,858 | +155% |
| Cash at bank and in hand | 54/58 | €96,389 | €44,141 | -€52,248 | -54.2% |
| Deferred charges and accrued income | 490/1 | €1,297 | €1,515 | +€218 | +16.8% |
| Total equity and liabilities | 10/49 | €162,057 | €167,504 | +€5,447 | +3.4% |
| Equity | 10/15 | €152,253 | €54,094 | -€98,159 | -64.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €133,653 | €35,494 | -€98,159 | -73.4% |
| Distributable reserves | 133 | €133,653 | €35,494 | -€98,159 | -73.4% |
| Amounts payable | 17/49 | €9,804 | €113,410 | +€103,606 | +1,057% |
| Amounts payable within one year | 42/48 | €9,804 | €113,410 | +€103,606 | +1,057% |
| Trade debts | 44 | €588 | - | -€588 | |
| Suppliers | 440/4 | €588 | - | -€588 | |
| Taxes, remuneration and social security | 45 | €4,346 | €16,802 | +€12,456 | +287% |
| Taxes | 450/3 | €4,346 | €16,802 | +€12,456 | +287% |
| Other amounts payable | 47/48 | €4,870 | €96,608 | +€91,738 | +1,884% |
| Other operating charges | 640/8 | €505 | €120 | -€385 | -76.3% |
| Gross operating margin | 9900 | €121,936 | €132,786 | +€10,850 | +8.9% |
| Operating profit (loss) | 9901 | €121,431 | €132,666 | +€11,235 | +9.3% |
| Financial income | 75/76B | €2,408 | €3,170 | +€762 | +31.6% |
| Recurring financial income | 75 | €2,408 | €3,170 | +€762 | +31.6% |
| Financial charges | 65/66B | €242 | €415 | +€173 | +71.6% |
| Recurring financial charges | 65 | €242 | €386 | +€144 | +59.3% |
| Non-recurring financial charges | 66B | - | €30 | +€30 | |
| Profit (loss) for the period before taxes | 9903 | €123,597 | €135,421 | +€11,824 | +9.6% |
| Income taxes | 67/77 | €27,298 | €29,503 | +€2,204 | +8.1% |
| Profit (loss) for the period | 9904 | €96,299 | €105,918 | +€9,619 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €96,299 | €105,918 | +€9,619 | +10.0% |
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 21 October 2026 via checked.be.