Docteur maud LEBAS: what changed
Docteur maud LEBAS
Largest movements
- Cash -€114,774
down €114,774 (-34.2%), from €336,018 to €221,244
mainly Other debts (-€109,432) and Investment in fixed assets (net) (-€56,110)
- Tangible fixed assets +€36,185
up €36,185 (+72.3%), from €50,020 to €86,205
of which Furniture and vehicles: +€40,139
- Deferred charges and accrued income +€8,263
up €8,263 (+17.9%), from €46,198 to €54,461
- Other debts -€109,432
down €109,432 (-64.1%), from €170,683 to €61,251
- Reserves +€52,044
up €52,044 (+23.9%), from €217,836 to €269,881
- Tax, wage and social debts -€6,173
down €6,173 (-27.9%), from €22,100 to €15,926
- Trade debts -€4,776
down €4,776 (-90.3%), from €5,289 to €513
- Financial charges +€14,860
up €14,860 (+32.3%), from €45,987 to €60,847
- Depreciation +€5,975
up €5,975 (+42.8%), from €13,950 to €19,925
- Financial income -€2,930
down €2,930 (-55.1%), from €5,321 to €2,391
- Taxes -€2,314
down €2,314 (-8.3%), from €27,710 to €25,396
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 | €432,354 | €364,017 | -€68,337 | -15.8% |
| Fixed assets | 21/28 | €50,020 | €86,205 | +€36,185 | +72.3% |
| Tangible fixed assets | 22/27 | €50,020 | €86,205 | +€36,185 | +72.3% |
| Land and buildings | 22 | €12,448 | €11,178 | -€1,271 | -10.2% |
| Furniture and vehicles | 24 | €25,851 | €65,989 | +€40,139 | +155% |
| Other tangible fixed assets | 26 | €11,721 | €9,038 | -€2,683 | -22.9% |
| Current assets | 29/58 | €382,334 | €277,812 | -€104,522 | -27.3% |
| Amounts receivable within one year | 40/41 | €118 | €2,107 | +€1,989 | +1,688% |
| Trade receivables | 40 | €118 | €1,435 | +€1,317 | +1,117% |
| Other amounts receivable | 41 | - | €673 | +€673 | |
| Cash at bank and in hand | 54/58 | €336,018 | €221,244 | -€114,774 | -34.2% |
| Deferred charges and accrued income | 490/1 | €46,198 | €54,461 | +€8,263 | +17.9% |
| Total equity and liabilities | 10/49 | €432,354 | €364,017 | -€68,337 | -15.8% |
| Equity | 10/15 | €234,282 | €286,326 | +€52,044 | +22.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €217,836 | €269,881 | +€52,044 | +23.9% |
| Distributable reserves | 133 | €217,836 | €269,881 | +€52,044 | +23.9% |
| Profit (loss) carried forward | 14 | €4,045 | €4,045 | = | 0.0% |
| Amounts payable | 17/49 | €198,072 | €77,691 | -€120,381 | -60.8% |
| Amounts payable within one year | 42/48 | €198,072 | €77,691 | -€120,381 | -60.8% |
| Trade debts | 44 | €5,289 | €513 | -€4,776 | -90.3% |
| Suppliers | 440/4 | €5,289 | €513 | -€4,776 | -90.3% |
| Taxes, remuneration and social security | 45 | €22,100 | €15,926 | -€6,173 | -27.9% |
| Taxes | 450/3 | €22,100 | €15,926 | -€6,173 | -27.9% |
| Other amounts payable | 47/48 | €170,683 | €61,251 | -€109,432 | -64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,950 | €19,925 | +€5,975 | +42.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €156,459 | €156,222 | -€238 | -0.2% |
| Operating profit (loss) | 9901 | €142,122 | €135,897 | -€6,225 | -4.4% |
| Financial income | 75/76B | €5,321 | €2,391 | -€2,930 | -55.1% |
| Recurring financial income | 75 | €5,321 | €2,391 | -€2,930 | -55.1% |
| Financial charges | 65/66B | €45,987 | €60,847 | +€14,860 | +32.3% |
| Recurring financial charges | 65 | €45,987 | €60,847 | +€14,860 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €101,456 | €77,441 | -€24,016 | -23.7% |
| Income taxes | 67/77 | €27,710 | €25,396 | -€2,314 | -8.3% |
| Profit (loss) for the period | 9904 | €73,746 | €52,044 | -€21,702 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,746 | €52,044 | -€21,702 | -29.4% |
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 3 November 2026 via checked.be.