Docteur DECLERCQ Stéphanie: what changed
What changed
Docteur DECLERCQ Stéphanie
filed annual accounts (NBB)
Net result for the year
€125,078
2024 · €120,712+€4,366
Equity
€614,686
2024 · €569,376+€45,310
Cash
€88,148
2024 · €130,949-€42,801
Balance sheet total
€730,483
2024 · €805,142-€74,659
Largest movements
Assets
- Current investments -€67,007
down €67,007 (-10.4%), from €641,634 to €574,627
- Cash -€42,801
down €42,801 (-32.7%), from €130,949 to €88,148
mainly Other debts (-€124,001) and Contributions, distributions and other (-€79,768)
- Tangible fixed assets +€33,607
new in 2025: €33,607
of which Furniture and vehicles: +€32,102
Equity and liabilities
- Other debts -€124,001
down €124,001 (-62.1%), from €199,781 to €75,780
- Reserves +€45,310
up €45,310 (+9.2%), from €494,976 to €540,286
Income statement
- Gross operating margin +€10,923
up €10,923 (+6.5%), from €168,174 to €179,098
- Depreciation +€8,051
new in 2025: €8,051
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
€120,712
Gross operating margin
+€10,923
Depreciation
-€8,051
Other operating charges
+€29
Other operating items
+€104
Financial income
+€1,275
Financial charges
+€1,438
Taxes
-€1,352
Result 2025
€125,078
raises the resultlowers the resultnot broken down further in the accounts
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
+€11,619
Investment
+€25,349
Financing
-€79,768
Cash 2024
€130,949
From operations (derived)
+€11,619
Net result for the year
+€125,078
Depreciation
+€8,051
Receivables within one year
-€1,202
Deferred charges and accrued income
-€340
Trade debts
+€612
Tax, wage and social debts
+€2,659
Other debts
-€124,001
Accrued charges and deferred income
+€762
Investment (derived)
+€25,349
Investment in fixed assets (net)
-€41,658
Current investments
+€67,007
Financing
-€79,768
Contributions, distributions and other
-€79,768
Cash 2025
€88,148
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €805,142 | €730,483 | -€74,659 | -9.3% |
| Fixed assets | 21/28 | €3,600 | €37,207 | +€33,607 | +934% |
| Tangible fixed assets | 22/27 | - | €33,607 | +€33,607 | |
| Plant, machinery and equipment | 23 | - | €1,506 | +€1,506 | |
| Furniture and vehicles | 24 | - | €32,102 | +€32,102 | |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €801,542 | €693,276 | -€108,266 | -13.5% |
| Amounts receivable within one year | 40/41 | €26,108 | €27,310 | +€1,202 | +4.6% |
| Other amounts receivable | 41 | €26,108 | €27,310 | +€1,202 | +4.6% |
| Current investments | 50/53 | €641,634 | €574,627 | -€67,007 | -10.4% |
| Cash at bank and in hand | 54/58 | €130,949 | €88,148 | -€42,801 | -32.7% |
| Deferred charges and accrued income | 490/1 | €2,852 | €3,191 | +€340 | +11.9% |
| Total equity and liabilities | 10/49 | €805,142 | €730,483 | -€74,659 | -9.3% |
| Equity | 10/15 | €569,376 | €614,686 | +€45,310 | +8.0% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €494,976 | €540,286 | +€45,310 | +9.2% |
| Distributable reserves | 133 | €494,976 | €540,286 | +€45,310 | +9.2% |
| Amounts payable | 17/49 | €235,766 | €115,798 | -€119,968 | -50.9% |
| Amounts payable within one year | 42/48 | €226,221 | €105,490 | -€120,731 | -53.4% |
| Trade debts | 44 | €531 | €1,143 | +€612 | +115% |
| Suppliers | 440/4 | €531 | €1,143 | +€612 | +115% |
| Taxes, remuneration and social security | 45 | €25,909 | €28,567 | +€2,659 | +10.3% |
| Taxes | 450/3 | €25,909 | €28,567 | +€2,659 | +10.3% |
| Other amounts payable | 47/48 | €199,781 | €75,780 | -€124,001 | -62.1% |
| Accrued charges and deferred income | 492/3 | €9,545 | €10,307 | +€762 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,051 | +€8,051 | |
| Other operating charges | 640/8 | €29 | - | -€29 | |
| Non-recurring operating charges | 66A | €104 | - | -€104 | |
| Gross operating margin | 9900 | €168,174 | €179,098 | +€10,923 | +6.5% |
| Operating profit (loss) | 9901 | €168,042 | €171,047 | +€3,005 | +1.8% |
| Financial income | 75/76B | €21,881 | €23,156 | +€1,275 | +5.8% |
| Recurring financial income | 75 | €21,881 | €23,156 | +€1,275 | +5.8% |
| Financial charges | 65/66B | €12,214 | €10,776 | -€1,438 | -11.8% |
| Recurring financial charges | 65 | €12,214 | €10,776 | -€1,438 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €177,708 | €183,427 | +€5,718 | +3.2% |
| Income taxes | 67/77 | €56,996 | €58,349 | +€1,352 | +2.4% |
| Profit (loss) for the period | 9904 | €120,712 | €125,078 | +€4,366 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €120,712 | €125,078 | +€4,366 | +3.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 4 November 2026 via checked.be.