Docteur Benoît DEWART: what changed
Docteur Benoît DEWART
Largest movements
- Cash +€12,213
up €12,213 (+71.1%), from €17,177 to €29,390
mainly Other debts (+€33,782) and Net result for the year (+€31,877)
- Current investments +€12,000
up €12,000 (+52.2%), from €23,000 to €35,000
- Receivables within one year -€9,778
down €9,778 (-40.3%), from €24,246 to €14,468
of which Trade receivables: -€14,970
- Intangible fixed assets -€7,500
down €7,500 (-17.4%), from €43,125 to €35,625
- Tangible fixed assets +€1,666
new in 2025: €1,666
- Other debts +€33,782
up €33,782 (+168%), from €20,058 to €53,840
- Profit (loss) carried forward -€21,023
down €21,023 (-48.2%), from €43,644 to €22,621
- Debts after one year -€11,253
down €11,253 (-51.7%), from €21,776 to €10,523
- Trade debts +€7,592
up €7,592 (+469%), from €1,620 to €9,212
- Tax, wage and social debts -€2,288
down €2,288 (-14.8%), from €15,423 to €13,135
- Financial charges -€5,195
down €5,195 (-64.5%), from €8,051 to €2,855
- Gross operating margin +€4,896
up €4,896 (+10.4%), from €46,921 to €51,817
- Taxes +€1,940
up €1,940 (+29.2%), from €6,635 to €8,575
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,542 | €125,959 | +€7,417 | +6.3% |
| Fixed assets | 21/28 | €44,225 | €38,391 | -€5,834 | -13.2% |
| Intangible fixed assets | 21 | €43,125 | €35,625 | -€7,500 | -17.4% |
| Tangible fixed assets | 22/27 | - | €1,666 | +€1,666 | |
| Plant, machinery and equipment | 23 | - | €1,666 | +€1,666 | |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €74,317 | €87,568 | +€13,251 | +17.8% |
| Amounts receivable within one year | 40/41 | €24,246 | €14,468 | -€9,778 | -40.3% |
| Trade receivables | 40 | €24,012 | €9,043 | -€14,970 | -62.3% |
| Other amounts receivable | 41 | €234 | €5,425 | +€5,191 | +2,222% |
| Current investments | 50/53 | €23,000 | €35,000 | +€12,000 | +52.2% |
| Cash at bank and in hand | 54/58 | €17,177 | €29,390 | +€12,213 | +71.1% |
| Deferred charges and accrued income | 490/1 | €9,894 | €8,709 | -€1,184 | -12.0% |
| Total equity and liabilities | 10/49 | €118,542 | €125,959 | +€7,417 | +6.3% |
| Equity | 10/15 | €48,644 | €27,621 | -€21,023 | -43.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,644 | €22,621 | -€21,023 | -48.2% |
| Amounts payable | 17/49 | €69,898 | €98,338 | +€28,440 | +40.7% |
| Amounts payable after more than one year | 17 | €21,776 | €10,523 | -€11,253 | -51.7% |
| Financial debts | 170/4 | €21,776 | €10,523 | -€11,253 | -51.7% |
| Amounts payable within one year | 42/48 | €48,122 | €87,440 | +€39,318 | +81.7% |
| Current portion of amounts payable after more than one year | 42 | €11,022 | €11,253 | +€231 | +2.1% |
| Trade debts | 44 | €1,620 | €9,212 | +€7,592 | +469% |
| Suppliers | 440/4 | €1,620 | €9,212 | +€7,592 | +469% |
| Taxes, remuneration and social security | 45 | €15,423 | €13,135 | -€2,288 | -14.8% |
| Taxes | 450/3 | €15,423 | €13,135 | -€2,288 | -14.8% |
| Other amounts payable | 47/48 | €20,058 | €53,840 | +€33,782 | +168% |
| Accrued charges and deferred income | 492/3 | - | €375 | +€375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,124 | €7,830 | -€293 | -3.6% |
| Other operating charges | 640/8 | €632 | €680 | +€47 | +7.5% |
| Gross operating margin | 9900 | €46,921 | €51,817 | +€4,896 | +10.4% |
| Operating profit (loss) | 9901 | €38,165 | €43,307 | +€5,143 | +13.5% |
| Financial charges | 65/66B | €8,051 | €2,855 | -€5,195 | -64.5% |
| Recurring financial charges | 65 | €8,051 | €2,855 | -€5,195 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | €30,114 | €40,452 | +€10,338 | +34.3% |
| Income taxes | 67/77 | €6,635 | €8,575 | +€1,940 | +29.2% |
| Profit (loss) for the period | 9904 | €23,480 | €31,877 | +€8,398 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,480 | €31,877 | +€8,398 | +35.8% |
Next steps
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 7 November 2026 via checked.be.