Cuvelier de Wergifosse: what changed
What changed
Cuvelier de Wergifosse
NACE 86.210, General medical practice
filed annual accounts (NBB)
Net result for the year
€109,539
2024 · €64,627+€44,912
Equity
€357,330
2024 · €247,791+€109,539
Cash
€130,851
2024 · €107,281+€23,570
Balance sheet total
€735,431
2024 · €656,957+€78,474
Largest movements
Assets
- Current investments +€48,896
up €48,896 (+52.5%), from €93,061 to €141,956
- Cash +€23,570
up €23,570 (+22.0%), from €107,281 to €130,851
mainly Net result for the year (+€109,539) and Depreciation (+€31,138)
- Tangible fixed assets +€18,604
up €18,604 (+4.6%), from €403,816 to €422,420
of which Other tangible fixed assets: +€37,017
- Deferred charges and accrued income -€11,933
down €11,933 (-22.9%), from €52,137 to €40,204
Equity and liabilities
- Reserves +€109,539
up €109,539 (+45.1%), from €242,791 to €352,330
- Accrued charges and deferred income -€31,808
down €31,808 (-92.4%), from €34,411 to €2,603
- Tax, wage and social debts +€20,898
up €20,898 (+121%), from €17,342 to €38,239
of which Taxes: +€22,809
- Debts after one year -€19,201
down €19,201 (-6.4%), from €299,166 to €279,965
Income statement
- Gross operating margin +€72,609
up €72,609 (+42.0%), from €172,948 to €245,556
- Taxes +€25,928
up €25,928 (+103%), from €25,116 to €51,044
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
€64,627
Gross operating margin
+€72,609
Staff costs
-€732
Depreciation
-€810
Other operating charges
-€2,279
Financial income
+€532
Financial charges
+€1,520
Taxes
-€25,928
Result 2025
€109,539
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
+€141,224
Investment
-€98,637
Financing
-€19,017
Cash 2024
€107,281
From operations (derived)
+€141,224
Net result for the year
+€109,539
Depreciation
+€31,138
Receivables within one year
+€662
Deferred charges and accrued income
+€11,933
Trade debts
-€601
Tax, wage and social debts
+€20,898
Other debts
-€536
Accrued charges and deferred income
-€31,808
Investment (derived)
-€98,637
Investment in fixed assets (net)
-€49,742
Current investments
-€48,896
Financing
-€19,017
Debts after one year
-€19,201
Current portion of long-term debt
+€184
Cash 2025
€130,851
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €656,957 | €735,431 | +€78,474 | +11.9% |
| Fixed assets | 21/28 | €403,816 | €422,420 | +€18,604 | +4.6% |
| Tangible fixed assets | 22/27 | €403,816 | €422,420 | +€18,604 | +4.6% |
| Land and buildings | 22 | €328,219 | €312,219 | -€16,000 | -4.9% |
| Plant, machinery and equipment | 23 | €3,353 | €3,028 | -€325 | -9.7% |
| Furniture and vehicles | 24 | €4,263 | €2,176 | -€2,088 | -49.0% |
| Other tangible fixed assets | 26 | €67,981 | €104,998 | +€37,017 | +54.5% |
| Current assets | 29/58 | €253,141 | €313,012 | +€59,871 | +23.7% |
| Amounts receivable within one year | 40/41 | €662 | €0 | -€662 | -100% |
| Trade receivables | 40 | €6 | €0 | -€6 | -100% |
| Other amounts receivable | 41 | €656 | €0 | -€656 | -100% |
| Current investments | 50/53 | €93,061 | €141,956 | +€48,896 | +52.5% |
| Cash at bank and in hand | 54/58 | €107,281 | €130,851 | +€23,570 | +22.0% |
| Deferred charges and accrued income | 490/1 | €52,137 | €40,204 | -€11,933 | -22.9% |
| Total equity and liabilities | 10/49 | €656,957 | €735,431 | +€78,474 | +11.9% |
| Equity | 10/15 | €247,791 | €357,330 | +€109,539 | +44.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €242,791 | €352,330 | +€109,539 | +45.1% |
| Distributable reserves | 133 | €242,791 | €352,330 | +€109,539 | +45.1% |
| Amounts payable | 17/49 | €409,165 | €378,101 | -€31,065 | -7.6% |
| Amounts payable after more than one year | 17 | €299,166 | €279,965 | -€19,201 | -6.4% |
| Financial debts | 170/4 | €299,166 | €279,965 | -€19,201 | -6.4% |
| Amounts payable within one year | 42/48 | €75,589 | €95,534 | +€19,945 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €19,017 | €19,201 | +€184 | +1.0% |
| Trade debts | 44 | €2,711 | €2,110 | -€601 | -22.2% |
| Suppliers | 440/4 | €2,711 | €2,110 | -€601 | -22.2% |
| Taxes, remuneration and social security | 45 | €17,342 | €38,239 | +€20,898 | +121% |
| Taxes | 450/3 | €10,077 | €32,886 | +€22,809 | +226% |
| Remuneration and social security | 454/9 | €7,265 | €5,354 | -€1,911 | -26.3% |
| Other amounts payable | 47/48 | €36,519 | €35,983 | -€536 | -1.5% |
| Accrued charges and deferred income | 492/3 | €34,411 | €2,603 | -€31,808 | -92.4% |
| Remuneration, social security and pensions | 62 | €39,755 | €40,487 | +€732 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,328 | €31,138 | +€810 | +2.7% |
| Other operating charges | 640/8 | €2,163 | €4,442 | +€2,279 | +105% |
| Gross operating margin | 9900 | €172,948 | €245,556 | +€72,609 | +42.0% |
| Operating profit (loss) | 9901 | €100,701 | €169,489 | +€68,788 | +68.3% |
| Financial income | 75/76B | €330 | €863 | +€532 | +161% |
| Recurring financial income | 75 | €330 | €863 | +€532 | +161% |
| Financial charges | 65/66B | €11,288 | €9,769 | -€1,520 | -13.5% |
| Recurring financial charges | 65 | €11,288 | €9,769 | -€1,520 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €89,743 | €160,583 | +€70,840 | +78.9% |
| Income taxes | 67/77 | €25,116 | €51,044 | +€25,928 | +103% |
| Profit (loss) for the period | 9904 | €64,627 | €109,539 | +€44,912 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,627 | €109,539 | +€44,912 | +69.5% |
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.