CROES - BAILLEUL: 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.
What changed
CROES - BAILLEUL
NACE 86.220, Specialist medical practice
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€596,228
2024 · €819,884-€223,656
Equity
€3.6m
2024 · €3.5m+€115,945
Cash
€251,089
2024 · €233,617+€17,471
Balance sheet total
€5.0m
2024 · €4.9m+€67,009
Largest movements
Assets
- Current investments -€469,600
down €469,600 (-18.7%), from €2.5m to €2.0m
- Tangible fixed assets +€295,447
up €295,447 (+17.9%), from €1.7m to €1.9m
of which Furniture and vehicles: +€354,036
- Receivables after one year +€207,585
up €207,585 (+82.2%), from €252,448 to €460,033
Equity and liabilities
- Reserves +€115,945
up €115,945 (+3.3%), from €3.5m to €3.6m
of which Distributable reserves: +€200,145
- Other debts -€68,912
down €68,912 (-7.7%), from €889,667 to €820,755
- Short-term financial debts +€67,219
up €67,219, from €0 to €67,219
- Tax, wage and social debts -€52,879
down €52,879 (-20.5%), from €257,601 to €204,722
of which Taxes: -€53,018
Income statement
- Financial income -€147,655
down €147,655 (-52.5%), from €281,472 to €133,818
- Gross operating margin -€121,366
down €121,366 (-11.2%), from €1.1m to €963,140
- Taxes -€60,501
down €60,501 (-17.2%), from €352,011 to €291,511
- Financial charges +€33,791
up €33,791 (+120%), from €28,213 to €62,003
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.
Result 2024
€819,884
Gross operating margin
-€121,366
Staff costs
+€1,216
Depreciation
+€6,479
Write-downs
+€149
Other operating charges
+€2,654
Other operating items
+€8,156
Financial income
-€147,655
Financial charges
-€33,791
Taxes
+€60,501
Result 2025
€596,228
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€394,570
Investment
+€75,257
Financing
-€452,355
Cash 2024
€233,617
From operations (derived)
+€394,570
Net result for the year
+€596,228
Depreciation
+€98,896
Receivables after one year
-€207,585
Receivables within one year
-€44,280
Deferred charges and accrued income
+€28,175
Trade debts
+€31,487
Tax, wage and social debts
-€52,879
Other debts
-€68,912
Accrued charges and deferred income
+€13,440
Investment (derived)
+€75,257
Investment in fixed assets (net)
-€394,343
Current investments
+€469,600
Financing
-€452,355
Debts after one year
-€39,292
Short-term financial debts
+€67,219
Contributions, distributions and other
-€480,282
Cash 2025
€251,089
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,946,013 | €5,013,021 | +€67,009 | +1.4% |
| Fixed assets | 21/28 | €1,651,004 | €1,946,451 | +€295,447 | +17.9% |
| Tangible fixed assets | 22/27 | €1,650,909 | €1,946,356 | +€295,447 | +17.9% |
| Land and buildings | 22 | €1,583,439 | €1,521,095 | -€62,344 | -3.9% |
| Plant, machinery and equipment | 23 | €18,956 | €22,711 | +€3,755 | +19.8% |
| Furniture and vehicles | 24 | €48,515 | €402,550 | +€354,036 | +730% |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €3,295,009 | €3,066,570 | -€228,439 | -6.9% |
| Amounts receivable after more than one year | 29 | €252,448 | €460,033 | +€207,585 | +82.2% |
| Other amounts receivable | 291 | €252,448 | €460,033 | +€207,585 | +82.2% |
| Amounts receivable within one year | 40/41 | €3,790 | €48,070 | +€44,280 | +1,168% |
| Trade receivables | 40 | €3,546 | €48,059 | +€44,513 | +1,255% |
| Other amounts receivable | 41 | €244 | €10 | -€234 | -95.8% |
| Current investments | 50/53 | €2,507,883 | €2,038,284 | -€469,600 | -18.7% |
| Cash at bank and in hand | 54/58 | €233,617 | €251,089 | +€17,471 | +7.5% |
| Deferred charges and accrued income | 490/1 | €297,269 | €269,095 | -€28,175 | -9.5% |
| Total equity and liabilities | 10/49 | €4,946,013 | €5,013,021 | +€67,009 | +1.4% |
| Equity | 10/15 | €3,470,898 | €3,586,843 | +€115,945 | +3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,464,698 | €3,580,643 | +€115,945 | +3.3% |
| Tax-exempt reserves | 132 | €84,200 | €0 | -€84,200 | -100% |
| Distributable reserves | 133 | €3,380,498 | €3,580,643 | +€200,145 | +5.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,475,115 | €1,426,179 | -€48,936 | -3.3% |
| Amounts payable after more than one year | 17 | €236,995 | €197,703 | -€39,292 | -16.6% |
| Financial debts | 170/4 | €236,995 | €197,703 | -€39,292 | -16.6% |
| Amounts payable within one year | 42/48 | €1,218,681 | €1,195,596 | -€23,085 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €39,292 | €39,292 | = | 0.0% |
| Financial debts | 43 | €0 | €67,219 | +€67,219 | |
| Credit institutions | 430/8 | €0 | €67,219 | +€67,219 | |
| Trade debts | 44 | €32,122 | €63,608 | +€31,487 | +98.0% |
| Suppliers | 440/4 | €32,122 | €63,608 | +€31,487 | +98.0% |
| Taxes, remuneration and social security | 45 | €257,601 | €204,722 | -€52,879 | -20.5% |
| Taxes | 450/3 | €251,710 | €198,692 | -€53,018 | -21.1% |
| Remuneration and social security | 454/9 | €5,891 | €6,030 | +€140 | +2.4% |
| Other amounts payable | 47/48 | €889,667 | €820,755 | -€68,912 | -7.7% |
| Accrued charges and deferred income | 492/3 | €19,440 | €32,880 | +€13,440 | +69.1% |
| Non-recurring operating income | 76A | €43,697 | €62 | -€43,634 | -99.9% |
| Remuneration, social security and pensions | 62 | €33,623 | €32,407 | -€1,216 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,375 | €98,896 | -€6,479 | -6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €149 | €0 | -€149 | -100% |
| Other operating charges | 640/8 | €18,567 | €15,913 | -€2,654 | -14.3% |
| Non-recurring operating charges | 66A | €8,156 | €0 | -€8,156 | -100% |
| Gross operating margin | 9900 | €1,084,507 | €963,140 | -€121,366 | -11.2% |
| Operating profit (loss) | 9901 | €918,636 | €815,924 | -€102,712 | -11.2% |
| Financial income | 75/76B | €281,472 | €133,818 | -€147,655 | -52.5% |
| Recurring financial income | 75 | €281,472 | €133,818 | -€147,655 | -52.5% |
| Financial charges | 65/66B | €28,213 | €62,003 | +€33,791 | +120% |
| Recurring financial charges | 65 | €28,213 | €62,003 | +€33,791 | +120% |
| Profit (loss) for the period before taxes | 9903 | €1,171,895 | €887,738 | -€284,157 | -24.2% |
| Income taxes | 67/77 | €352,011 | €291,511 | -€60,501 | -17.2% |
| Profit (loss) for the period | 9904 | €819,884 | €596,228 | -€223,656 | -27.3% |
| Transfer from tax-exempt reserves | 789 | €113,670 | €84,200 | -€29,470 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €933,554 | €680,428 | -€253,126 | -27.1% |
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.