Docteur Suzel Delrée: 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.
Docteur Suzel Delrée
Largest movements
- Cash +€29,033
up €29,033 (+324%), from €8,959 to €37,992
mainly Net result for the year (+€21,457) and Depreciation (+€5,647)
- Tangible fixed assets -€5,647
down €5,647 (-32.5%), from €17,358 to €11,710
of which Furniture and vehicles: -€4,924
- Deferred charges and accrued income -€1,170
no longer reported in 2025 (was €1,170)
- Profit (loss) carried forward +€21,457
up €21,457 (+284%), from €7,562 to €29,020
- Tax, wage and social debts +€3,585
up €3,585 (+141%), from €2,536 to €6,121
- Debts after one year -€2,937
down €2,937 (-27.7%), from €10,615 to €7,677
- Gross operating margin +€19,736
up €19,736 (+133%), from €14,788 to €34,524
- Taxes +€3,585
up €3,585 (+141%), from €2,536 to €6,121
- Depreciation +€2,313
up €2,313 (+69.4%), from €3,335 to €5,647
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,312 | €50,812 | +€22,500 | +79.5% |
| Fixed assets | 21/28 | €17,358 | €11,710 | -€5,647 | -32.5% |
| Tangible fixed assets | 22/27 | €17,358 | €11,710 | -€5,647 | -32.5% |
| Plant, machinery and equipment | 23 | €1,729 | €1,006 | -€723 | -41.8% |
| Furniture and vehicles | 24 | €15,629 | €10,705 | -€4,924 | -31.5% |
| Current assets | 29/58 | €10,955 | €39,102 | +€28,148 | +257% |
| Amounts receivable within one year | 40/41 | €826 | €1,110 | +€285 | +34.5% |
| Other amounts receivable | 41 | €826 | €1,110 | +€285 | +34.5% |
| Cash at bank and in hand | 54/58 | €8,959 | €37,992 | +€29,033 | +324% |
| Deferred charges and accrued income | 490/1 | €1,170 | - | -€1,170 | |
| Total equity and liabilities | 10/49 | €28,312 | €50,812 | +€22,500 | +79.5% |
| Equity | 10/15 | €11,562 | €33,020 | +€21,457 | +186% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,562 | €29,020 | +€21,457 | +284% |
| Amounts payable | 17/49 | €16,750 | €17,793 | +€1,043 | +6.2% |
| Amounts payable after more than one year | 17 | €10,615 | €7,677 | -€2,937 | -27.7% |
| Financial debts | 170/4 | €10,615 | €7,677 | -€2,937 | -27.7% |
| Amounts payable within one year | 42/48 | €6,135 | €10,115 | +€3,980 | +64.9% |
| Current portion of amounts payable after more than one year | 42 | €2,806 | €2,937 | +€131 | +4.7% |
| Trade debts | 44 | €792 | €1,057 | +€265 | +33.4% |
| Suppliers | 440/4 | €792 | €1,057 | +€265 | +33.4% |
| Taxes, remuneration and social security | 45 | €2,536 | €6,121 | +€3,585 | +141% |
| Taxes | 450/3 | €2,536 | €6,121 | +€3,585 | +141% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,335 | €5,647 | +€2,313 | +69.4% |
| Other operating charges | 640/8 | €960 | €645 | -€315 | -32.8% |
| Gross operating margin | 9900 | €14,788 | €34,524 | +€19,736 | +133% |
| Operating profit (loss) | 9901 | €10,493 | €28,231 | +€17,738 | +169% |
| Financial charges | 65/66B | €395 | €653 | +€258 | +65.4% |
| Recurring financial charges | 65 | €395 | €653 | +€258 | +65.4% |
| Profit (loss) for the period before taxes | 9903 | €10,099 | €27,578 | +€17,480 | +173% |
| Income taxes | 67/77 | €2,536 | €6,121 | +€3,585 | +141% |
| Profit (loss) for the period | 9904 | €7,562 | €21,457 | +€13,895 | +184% |
| Profit (loss) for the period to be appropriated | 9905 | €7,562 | €21,457 | +€13,895 | +184% |
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.