GENERAL DOCTOR: 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.
GENERAL DOCTOR
Largest movements
- Tangible fixed assets +€118,243
up €118,243 (+25.5%), from €463,675 to €581,918
of which Land and buildings: +€96,402
- Cash -€26,210
down €26,210 (-80.9%), from €32,417 to €6,207
mainly Investment in fixed assets (net) (-€141,691) and Trade debts (-€28,443)
- Profit (loss) carried forward +€74,422
up €74,422, from -€3,508 to €70,914
- Trade debts -€28,443
down €28,443 (-82.9%), from €34,305 to €5,862
- Other debts +€19,496
up €19,496 (+24.6%), from €79,189 to €98,685
- Tax, wage and social debts +€11,021
up €11,021 (+275%), from €4,011 to €15,031
- Current portion of long-term debt +€9,410
up €9,410 (+45.2%), from €20,824 to €30,234
- Gross operating margin +€84,463
up €84,463 (+205%), from €41,117 to €125,580
- Other operating charges -€37,195
down €37,195 (-97.0%), from €38,333 to €1,138
- Taxes +€14,775
up €14,775 (+11,543%), from €128 to €14,903
- Financial charges +€9,875
up €9,875 (+466%), from €2,118 to €11,993
- Depreciation +€7,742
up €7,742 (+50.3%), from €15,381 to €23,123
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 | €502,594 | €591,808 | +€89,213 | +17.8% |
| Fixed assets | 21/28 | €463,675 | €582,243 | +€118,568 | +25.6% |
| Tangible fixed assets | 22/27 | €463,675 | €581,918 | +€118,243 | +25.5% |
| Land and buildings | 22 | €460,850 | €557,252 | +€96,402 | +20.9% |
| Plant, machinery and equipment | 23 | €2,825 | €2,541 | -€284 | -10.0% |
| Furniture and vehicles | 24 | - | €22,125 | +€22,125 | |
| Financial fixed assets | 28 | - | €325 | +€325 | |
| Current assets | 29/58 | €38,919 | €9,565 | -€29,355 | -75.4% |
| Cash at bank and in hand | 54/58 | €32,417 | €6,207 | -€26,210 | -80.9% |
| Deferred charges and accrued income | 490/1 | €6,502 | €3,358 | -€3,145 | -48.4% |
| Total equity and liabilities | 10/49 | €502,594 | €591,808 | +€89,213 | +17.8% |
| Equity | 10/15 | -€1,508 | €72,914 | +€74,422 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,508 | €70,914 | +€74,422 | |
| Amounts payable | 17/49 | €504,103 | €518,894 | +€14,791 | +2.9% |
| Amounts payable after more than one year | 17 | €365,773 | €369,081 | +€3,307 | +0.9% |
| Financial debts | 170/4 | €365,773 | €369,081 | +€3,307 | +0.9% |
| Amounts payable within one year | 42/48 | €138,329 | €149,813 | +€11,484 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €20,824 | €30,234 | +€9,410 | +45.2% |
| Trade debts | 44 | €34,305 | €5,862 | -€28,443 | -82.9% |
| Suppliers | 440/4 | €34,305 | €5,862 | -€28,443 | -82.9% |
| Taxes, remuneration and social security | 45 | €4,011 | €15,031 | +€11,021 | +275% |
| Taxes | 450/3 | €4,011 | €15,031 | +€11,021 | +275% |
| Other amounts payable | 47/48 | €79,189 | €98,685 | +€19,496 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,381 | €23,123 | +€7,742 | +50.3% |
| Other operating charges | 640/8 | €38,333 | €1,138 | -€37,195 | -97.0% |
| Non-recurring operating charges | 66A | €485 | €0 | -€485 | -100% |
| Gross operating margin | 9900 | €41,117 | €125,580 | +€84,463 | +205% |
| Operating profit (loss) | 9901 | -€13,083 | €101,319 | +€114,401 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,118 | €11,993 | +€9,875 | +466% |
| Recurring financial charges | 65 | €2,118 | €11,993 | +€9,875 | +466% |
| Profit (loss) for the period before taxes | 9903 | -€15,201 | €89,325 | +€104,526 | |
| Income taxes | 67/77 | €128 | €14,903 | +€14,775 | +11,543% |
| Profit (loss) for the period | 9904 | -€15,329 | €74,422 | +€89,751 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,329 | €74,422 | +€89,751 |
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 26 October 2026 via checked.be.