BART DENOLF, huisarts: 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.
BART DENOLF, huisarts
Largest movements
- Receivables within one year -€35,000
no longer reported in 2025 (was €35,000)
- Cash +€30,921
up €30,921 (+5.2%), from €594,215 to €625,136
mainly Net result for the year (+€117,475) and Depreciation (+€40,165)
- Tangible fixed assets -€30,002
down €30,002 (-26.4%), from €113,840 to €83,838
of which Furniture and vehicles: -€25,097
- Contributions -€35,000
down €35,000 (-70.0%), from €50,000 to €15,000
- Debts after one year -€17,443
down €17,443 (-33.0%), from €52,931 to €35,488
- Reserves +€13,705
up €13,705 (+2.2%), from €611,795 to €625,501
- Tax, wage and social debts +€7,577
up €7,577 (+902%), from €840 to €8,417
- Gross operating margin +€28,231
up €28,231 (+15.6%), from €180,609 to €208,840
- Taxes +€7,174
up €7,174 (+16.8%), from €42,757 to €49,931
- Financial income -€3,843
down €3,843 (-43.2%), from €8,890 to €5,047
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 | €745,510 | €712,320 | -€33,190 | -4.5% |
| Fixed assets | 21/28 | €114,840 | €85,088 | -€29,752 | -25.9% |
| Tangible fixed assets | 22/27 | €113,840 | €83,838 | -€30,002 | -26.4% |
| Land and buildings | 22 | €7,500 | €2,500 | -€5,000 | -66.7% |
| Plant, machinery and equipment | 23 | €5,450 | €4,217 | -€1,233 | -22.6% |
| Furniture and vehicles | 24 | €89,080 | €63,984 | -€25,097 | -28.2% |
| Other tangible fixed assets | 26 | €11,809 | €13,137 | +€1,328 | +11.2% |
| Financial fixed assets | 28 | €1,000 | €1,250 | +€250 | +25.0% |
| Current assets | 29/58 | €630,670 | €627,232 | -€3,438 | -0.5% |
| Amounts receivable within one year | 40/41 | €35,000 | - | -€35,000 | |
| Other amounts receivable | 41 | €35,000 | - | -€35,000 | |
| Cash at bank and in hand | 54/58 | €594,215 | €625,136 | +€30,921 | +5.2% |
| Deferred charges and accrued income | 490/1 | €1,456 | €2,096 | +€641 | +44.0% |
| Total equity and liabilities | 10/49 | €745,510 | €712,320 | -€33,190 | -4.5% |
| Equity | 10/15 | €661,795 | €640,501 | -€21,295 | -3.2% |
| Contributions | 10/11 | €50,000 | €15,000 | -€35,000 | -70.0% |
| Reserves | 13 | €611,795 | €625,501 | +€13,705 | +2.2% |
| Distributable reserves | 133 | €611,795 | €625,501 | +€13,705 | +2.2% |
| Amounts payable | 17/49 | €83,715 | €71,820 | -€11,895 | -14.2% |
| Amounts payable after more than one year | 17 | €52,931 | €35,488 | -€17,443 | -33.0% |
| Financial debts | 170/4 | €52,931 | €35,488 | -€17,443 | -33.0% |
| Amounts payable within one year | 42/48 | €30,784 | €36,332 | +€5,548 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €16,757 | €17,443 | +€686 | +4.1% |
| Trade debts | 44 | €9,399 | €2,157 | -€7,243 | -77.1% |
| Suppliers | 440/4 | €9,399 | €2,157 | -€7,243 | -77.1% |
| Taxes, remuneration and social security | 45 | €840 | €8,417 | +€7,577 | +902% |
| Taxes | 450/3 | €840 | €8,417 | +€7,577 | +902% |
| Other amounts payable | 47/48 | €3,788 | €8,315 | +€4,528 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,509 | €40,165 | +€1,656 | +4.3% |
| Other operating charges | 640/8 | €814 | €1,595 | +€781 | +96.0% |
| Gross operating margin | 9900 | €180,609 | €208,840 | +€28,231 | +15.6% |
| Operating profit (loss) | 9901 | €141,286 | €167,080 | +€25,794 | +18.3% |
| Financial income | 75/76B | €8,890 | €5,047 | -€3,843 | -43.2% |
| Recurring financial income | 75 | €8,890 | €5,047 | -€3,843 | -43.2% |
| Financial charges | 65/66B | €5,411 | €4,721 | -€690 | -12.8% |
| Recurring financial charges | 65 | €5,411 | €4,721 | -€690 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €144,765 | €167,406 | +€22,641 | +15.6% |
| Income taxes | 67/77 | €42,757 | €49,931 | +€7,174 | +16.8% |
| Profit (loss) for the period | 9904 | €102,008 | €117,475 | +€15,467 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €102,008 | €117,475 | +€15,467 | +15.2% |
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 29 October 2026 via checked.be.