DOKTER ALEXANDER SMETS: what changed
DOKTER ALEXANDER SMETS
Largest movements
- Deferred charges and accrued income +€42,249
new in 2025: €42,249
- Receivables within one year -€38,265
down €38,265 (-58.6%), from €65,299 to €27,034
- Cash +€13,572
up €13,572 (+50.4%), from €26,923 to €40,494
- Tangible fixed assets -€9,308
down €9,308 (-29.5%), from €31,535 to €22,227
of which Furniture and vehicles: -€12,958
- Other debts +€70,000
new in 2025: €70,000
- Reserves -€53,300
down €53,300 (-61.8%), from €86,313 to €33,012
- Debts after one year -€15,728
down €15,728 (-72.1%), from €21,828 to €6,100
- Accrued charges and deferred income +€6,273
new in 2025: €6,273
- Gross operating margin +€18,753
up €18,753 (+29.7%), from €63,230 to €81,983
- Taxes +€3,491
up €3,491 (+29.6%), from €11,794 to €15,286
- Other operating charges +€1,139
new in 2025: €1,139
Change in the result, 2023 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
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,757 | €132,004 | +€8,248 | +6.7% |
| Fixed assets | 21/28 | €31,535 | €22,227 | -€9,308 | -29.5% |
| Tangible fixed assets | 22/27 | €31,535 | €22,227 | -€9,308 | -29.5% |
| Land and buildings | 22 | - | €4,212 | +€4,212 | |
| Plant, machinery and equipment | 23 | €563 | €0 | -€563 | -100% |
| Furniture and vehicles | 24 | €30,972 | €18,014 | -€12,958 | -41.8% |
| Current assets | 29/58 | €92,222 | €109,777 | +€17,556 | +19.0% |
| Amounts receivable within one year | 40/41 | €65,299 | €27,034 | -€38,265 | -58.6% |
| Other amounts receivable | 41 | €65,299 | €27,034 | -€38,265 | -58.6% |
| Cash at bank and in hand | 54/58 | €26,923 | €40,494 | +€13,572 | +50.4% |
| Deferred charges and accrued income | 490/1 | - | €42,249 | +€42,249 | |
| Total equity and liabilities | 10/49 | €123,757 | €132,004 | +€8,248 | +6.7% |
| Equity | 10/15 | €91,313 | €38,012 | -€53,300 | -58.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €86,313 | €33,012 | -€53,300 | -61.8% |
| Distributable reserves | 133 | €86,313 | €33,012 | -€53,300 | -61.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €32,444 | €93,992 | +€61,548 | +190% |
| Amounts payable after more than one year | 17 | €21,828 | €6,100 | -€15,728 | -72.1% |
| Financial debts | 170/4 | €21,828 | €6,100 | -€15,728 | -72.1% |
| Amounts payable within one year | 42/48 | €10,616 | €81,619 | +€71,003 | +669% |
| Current portion of amounts payable after more than one year | 42 | €7,577 | €7,961 | +€384 | +5.1% |
| Trade debts | 44 | €3,039 | €3,658 | +€619 | +20.4% |
| Suppliers | 440/4 | €3,039 | €3,658 | +€619 | +20.4% |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Other amounts payable | 47/48 | - | €70,000 | +€70,000 | |
| Accrued charges and deferred income | 492/3 | - | €6,273 | +€6,273 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,154 | €10,256 | +€101 | +1.0% |
| Other operating charges | 640/8 | - | €1,139 | +€1,139 | |
| Gross operating margin | 9900 | €63,230 | €81,983 | +€18,753 | +29.7% |
| Operating profit (loss) | 9901 | €53,076 | €70,588 | +€17,513 | +33.0% |
| Financial income | 75/76B | - | €461 | +€461 | |
| Recurring financial income | 75 | - | €461 | +€461 | |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €982 | €933 | -€49 | -5.0% |
| Recurring financial charges | 65 | €982 | €933 | -€49 | -5.0% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €52,094 | €70,116 | +€18,022 | +34.6% |
| Income taxes | 67/77 | €11,794 | €15,286 | +€3,491 | +29.6% |
| Profit (loss) for the period | 9904 | €40,300 | €54,831 | +€14,531 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,300 | €54,831 | +€14,531 | +36.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.