DOCTEURS LEDUC KESTEMAN: what changed
DOCTEURS LEDUC KESTEMAN
Largest movements
- Receivables within one year -€83,861
down €83,861 (-53.8%), from €156,018 to €72,157
of which Other amounts receivable: -€83,963
- Intangible fixed assets -€15,000
down €15,000 (-34.0%), from €44,137 to €29,137
- Tangible fixed assets +€14,336
up €14,336 (+326%), from €4,401 to €18,737
of which Furniture and vehicles: +€15,171
- Cash -€9,713
down €9,713 (-17.6%), from €55,321 to €45,608
mainly Contributions, distributions and other (-€109,000) and Other debts (-€59,763)
- Deferred charges and accrued income -€9,657
down €9,657 (-49.6%), from €19,467 to €9,810
- Other debts -€59,763
down €59,763 (-35.4%), from €168,763 to €109,000
- Tax, wage and social debts -€36,291
down €36,291 (-74.0%), from €49,013 to €12,723
of which Taxes: -€36,748
- Debts after one year -€10,681
down €10,681 (-23.6%), from €45,355 to €34,674
- Profit (loss) carried forward +€3,578
new in 2025: €3,578
- Gross operating margin -€70,825
down €70,825 (-24.7%), from €286,479 to €215,654
- Taxes -€14,640
down €14,640 (-25.6%), from €57,265 to €42,625
- Other operating charges -€8,112
down €8,112 (-79.2%), from €10,240 to €2,128
- Financial income -€4,243
down €4,243 (-42.3%), from €10,040 to €5,797
- Depreciation +€4,050
up €4,050 (+23.2%), from €17,493 to €21,543
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 | €281,344 | €178,546 | -€102,798 | -36.5% |
| Fixed assets | 21/28 | €48,538 | €47,874 | -€664 | -1.4% |
| Intangible fixed assets | 21 | €44,137 | €29,137 | -€15,000 | -34.0% |
| Tangible fixed assets | 22/27 | €4,401 | €18,737 | +€14,336 | +326% |
| Plant, machinery and equipment | 23 | €3,359 | €2,524 | -€835 | -24.8% |
| Furniture and vehicles | 24 | €1,042 | €16,212 | +€15,171 | +1,456% |
| Current assets | 29/58 | €232,806 | €130,672 | -€102,134 | -43.9% |
| Amounts receivable within one year | 40/41 | €156,018 | €72,157 | -€83,861 | -53.8% |
| Trade receivables | 40 | - | €102 | +€102 | |
| Other amounts receivable | 41 | €156,018 | €72,055 | -€83,963 | -53.8% |
| Current investments | 50/53 | €2,000 | €3,097 | +€1,097 | +54.9% |
| Cash at bank and in hand | 54/58 | €55,321 | €45,608 | -€9,713 | -17.6% |
| Deferred charges and accrued income | 490/1 | €19,467 | €9,810 | -€9,657 | -49.6% |
| Total equity and liabilities | 10/49 | €281,344 | €178,546 | -€102,798 | -36.5% |
| Equity | 10/15 | €3,000 | €6,578 | +€3,578 | +119% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €3,578 | +€3,578 | |
| Amounts payable | 17/49 | €278,344 | €171,968 | -€106,376 | -38.2% |
| Amounts payable after more than one year | 17 | €45,355 | €34,674 | -€10,681 | -23.6% |
| Financial debts | 170/4 | €45,355 | €34,674 | -€10,681 | -23.6% |
| Amounts payable within one year | 42/48 | €232,989 | €137,294 | -€95,695 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €10,271 | €10,681 | +€410 | +4.0% |
| Trade debts | 44 | €4,941 | €4,890 | -€51 | -1.0% |
| Suppliers | 440/4 | €4,941 | €4,890 | -€51 | -1.0% |
| Taxes, remuneration and social security | 45 | €49,013 | €12,723 | -€36,291 | -74.0% |
| Taxes | 450/3 | €44,555 | €7,807 | -€36,748 | -82.5% |
| Remuneration and social security | 454/9 | €4,458 | €4,916 | +€457 | +10.3% |
| Other amounts payable | 47/48 | €168,763 | €109,000 | -€59,763 | -35.4% |
| Remuneration, social security and pensions | 62 | €38,201 | €34,939 | -€3,261 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,493 | €21,543 | +€4,050 | +23.2% |
| Other operating charges | 640/8 | €10,240 | €2,128 | -€8,112 | -79.2% |
| Gross operating margin | 9900 | €286,479 | €215,654 | -€70,825 | -24.7% |
| Operating profit (loss) | 9901 | €220,545 | €157,044 | -€63,502 | -28.8% |
| Financial income | 75/76B | €10,040 | €5,797 | -€4,243 | -42.3% |
| Recurring financial income | 75 | €10,040 | €5,797 | -€4,243 | -42.3% |
| Financial charges | 65/66B | €8,516 | €7,638 | -€878 | -10.3% |
| Recurring financial charges | 65 | €8,516 | €7,638 | -€878 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €222,070 | €155,203 | -€66,867 | -30.1% |
| Income taxes | 67/77 | €57,265 | €42,625 | -€14,640 | -25.6% |
| Profit (loss) for the period | 9904 | €164,805 | €112,578 | -€52,227 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €164,805 | €112,578 | -€52,227 | -31.7% |
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 8 November 2026 via checked.be.