Artsen Birad: what changed
What changed
Artsen Birad
NACE 86.910, Medical imaging and medical laboratories
filed annual accounts (NBB)
Net result for the year
€656,511
2024 · €561,516+€94,996
Equity
€3.1m
2024 · €2.8m+€291,012
Cash
€626,410
2024 · €612,136+€14,275
Balance sheet total
€3.4m
2024 · €3.0m+€429,531
Largest movements
Assets
- Current investments +€457,347
up €457,347 (+38.3%), from €1.2m to €1.7m
- Tangible fixed assets -€35,227
down €35,227 (-4.3%), from €822,900 to €787,672
of which Land and buildings: -€25,839
Equity and liabilities
- Reserves +€291,012
up €291,012 (+10.5%), from €2.8m to €3.1m
of which Distributable reserves: +€291,012
- Other debts +€132,757
up €132,757 (+1,178%), from €11,268 to €144,025
Income statement
- Financial income +€104,392
up €104,392 (+608%), from €17,161 to €121,553
- Taxes +€9,789
up €9,789 (+3.8%), from €256,414 to €266,202
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€561,516
Gross operating margin
+€325
Depreciation
-€716
Other operating charges
-€853
Financial income
+€104,392
Financial charges
+€1,636
Taxes
-€9,789
Result 2025
€656,511
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€869,753
Investment
-€465,076
Financing
-€390,402
Cash 2024
€612,136
From operations (derived)
+€869,753
Net result for the year
+€656,511
Depreciation
+€42,980
Deferred charges and accrued income
+€6,840
Smaller working-capital items
+€466
Tax, wage and social debts
+€30,198
Other debts
+€132,757
Investment (derived)
-€465,076
Investment in fixed assets (net)
-€7,729
Current investments
-€457,347
Financing
-€390,402
Debts after one year
-€25,087
Current portion of long-term debt
+€185
Contributions, distributions and other
-€365,500
Cash 2025
€626,410
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,010,847 | €3,440,378 | +€429,531 | +14.3% |
| Fixed assets | 21/28 | €823,144 | €787,894 | -€35,251 | -4.3% |
| Tangible fixed assets | 22/27 | €822,900 | €787,672 | -€35,227 | -4.3% |
| Land and buildings | 22 | €763,551 | €737,713 | -€25,839 | -3.4% |
| Furniture and vehicles | 24 | €57,748 | €48,360 | -€9,389 | -16.3% |
| Other tangible fixed assets | 26 | €1,600 | €1,600 | = | 0.0% |
| Financial fixed assets | 28 | €245 | €221 | -€23 | -9.6% |
| Current assets | 29/58 | €2,187,702 | €2,652,484 | +€464,782 | +21.2% |
| Current investments | 50/53 | €1,192,996 | €1,650,343 | +€457,347 | +38.3% |
| Cash at bank and in hand | 54/58 | €612,136 | €626,410 | +€14,275 | +2.3% |
| Deferred charges and accrued income | 490/1 | €382,571 | €375,731 | -€6,840 | -1.8% |
| Total equity and liabilities | 10/49 | €3,010,847 | €3,440,378 | +€429,531 | +14.3% |
| Equity | 10/15 | €2,782,880 | €3,073,892 | +€291,012 | +10.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €2,770,380 | €3,061,392 | +€291,012 | +10.5% |
| Tax-exempt reserves | 132 | €913 | €913 | = | 0.0% |
| Distributable reserves | 133 | €2,769,467 | €3,060,479 | +€291,012 | +10.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €227,967 | €366,487 | +€138,520 | +60.8% |
| Amounts payable after more than one year | 17 | €129,064 | €103,977 | -€25,087 | -19.4% |
| Financial debts | 170/4 | €127,309 | €102,222 | -€25,087 | -19.7% |
| Other amounts payable | 178/9 | €1,755 | €1,755 | = | 0.0% |
| Amounts payable within one year | 42/48 | €94,056 | €257,116 | +€163,060 | +173% |
| Current portion of amounts payable after more than one year | 42 | €24,902 | €25,087 | +€185 | +0.7% |
| Trade debts | 44 | €235 | €155 | -€80 | -34.0% |
| Suppliers | 440/4 | €235 | €155 | -€80 | -34.0% |
| Taxes, remuneration and social security | 45 | €57,650 | €87,849 | +€30,198 | +52.4% |
| Taxes | 450/3 | €57,650 | €87,849 | +€30,198 | +52.4% |
| Other amounts payable | 47/48 | €11,268 | €144,025 | +€132,757 | +1,178% |
| Accrued charges and deferred income | 492/3 | €4,847 | €5,394 | +€546 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,264 | €42,980 | +€716 | +1.7% |
| Other operating charges | 640/8 | €1,709 | €2,562 | +€853 | +49.9% |
| Gross operating margin | 9900 | €848,769 | €849,094 | +€325 | 0.0% |
| Operating profit (loss) | 9901 | €804,796 | €803,552 | -€1,244 | -0.2% |
| Financial income | 75/76B | €17,161 | €121,553 | +€104,392 | +608% |
| Recurring financial income | 75 | €17,161 | €121,553 | +€104,392 | +608% |
| Financial charges | 65/66B | €4,027 | €2,392 | -€1,636 | -40.6% |
| Recurring financial charges | 65 | €4,027 | €2,392 | -€1,636 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €817,929 | €922,714 | +€104,784 | +12.8% |
| Income taxes | 67/77 | €256,414 | €266,202 | +€9,789 | +3.8% |
| Profit (loss) for the period | 9904 | €561,516 | €656,511 | +€94,996 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €561,516 | €656,511 | +€94,996 | +16.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.