Dr. M. Dopchie: 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. M. Dopchie
Largest movements
- Cash +€1,070
up €1,070 (+41.0%), from €2,607 to €3,676
mainly Net result for the year (+€6,873) and Trade debts (+€1,761)
- Tangible fixed assets -€559
no longer reported in 2025 (was €559)
of which Plant, machinery and equipment: -€484
- Other debts -€8,118
down €8,118 (-11.8%), from €68,569 to €60,451
- Profit (loss) carried forward +€6,873
up €6,873 (+8.1%), from -€85,325 to -€78,453
- Trade debts +€1,761
up €1,761 (+1,205%), from €146 to €1,907
- Gross operating margin -€2,947
down €2,947 (-26.9%), from €10,936 to €7,989
- Depreciation -€310
down €310 (-35.7%), from €869 to €559
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 | €3,850 | €4,365 | +€515 | +13.4% |
| Fixed assets | 21/28 | €559 | - | -€559 | |
| Tangible fixed assets | 22/27 | €559 | - | -€559 | |
| Plant, machinery and equipment | 23 | €484 | - | -€484 | |
| Furniture and vehicles | 24 | €75 | - | -€75 | |
| Current assets | 29/58 | €3,291 | €4,365 | +€1,074 | +32.6% |
| Cash at bank and in hand | 54/58 | €2,607 | €3,676 | +€1,070 | +41.0% |
| Deferred charges and accrued income | 490/1 | €684 | €689 | +€5 | +0.7% |
| Total equity and liabilities | 10/49 | €3,850 | €4,365 | +€515 | +13.4% |
| Equity | 10/15 | -€64,865 | -€57,993 | +€6,873 | +10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,325 | -€78,453 | +€6,873 | +8.1% |
| Amounts payable | 17/49 | €68,715 | €62,358 | -€6,358 | -9.3% |
| Amounts payable within one year | 42/48 | €68,715 | €62,358 | -€6,358 | -9.3% |
| Trade debts | 44 | €146 | €1,907 | +€1,761 | +1,205% |
| Suppliers | 440/4 | €146 | €1,907 | +€1,761 | +1,205% |
| Other amounts payable | 47/48 | €68,569 | €60,451 | -€8,118 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €869 | €559 | -€310 | -35.7% |
| Other operating charges | 640/8 | €525 | €531 | +€7 | +1.2% |
| Gross operating margin | 9900 | €10,936 | €7,989 | -€2,947 | -26.9% |
| Operating profit (loss) | 9901 | €9,542 | €6,899 | -€2,643 | -27.7% |
| Financial income | 75/76B | €0 | €20 | +€20 | +6,319% |
| Recurring financial income | 75 | €0 | €20 | +€20 | +6,319% |
| Financial charges | 65/66B | €45 | €46 | +€1 | +2.1% |
| Recurring financial charges | 65 | €45 | €46 | +€1 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €9,497 | €6,873 | -€2,624 | -27.6% |
| Profit (loss) for the period | 9904 | €9,497 | €6,873 | -€2,624 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,497 | €6,873 | -€2,624 | -27.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.