Dokter De SADELEER Bart: what changed
Two fiscal 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.
Dokter De SADELEER Bart
Largest movements
- Cash +€46,504
up €46,504 (+10.7%), from €432,726 to €479,230
mainly Net result for the year (+€99,043) and Other debts (+€29,884)
- Tangible fixed assets -€21,496
down €21,496 (-8.5%), from €251,601 to €230,105
of which Land and buildings: -€14,825
- Other debts +€29,884
up €29,884 (+44.0%), from €67,845 to €97,729
- Debts after one year -€23,622
down €23,622 (-30.7%), from €76,847 to €53,225
- Reserves +€14,644
up €14,644 (+2.9%), from €497,398 to €512,042
- Gross operating margin -€5,351
down €5,351 (-3.1%), from €173,188 to €167,837
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.
Cash bridge derived
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 | €688,035 | €712,311 | +€24,276 | +3.5% |
| Fixed assets | 21/28 | €251,601 | €230,105 | -€21,496 | -8.5% |
| Tangible fixed assets | 22/27 | €251,601 | €230,105 | -€21,496 | -8.5% |
| Land and buildings | 22 | €232,322 | €217,497 | -€14,825 | -6.4% |
| Plant, machinery and equipment | 23 | €1,632 | €477 | -€1,155 | -70.8% |
| Furniture and vehicles | 24 | €17,647 | €12,131 | -€5,516 | -31.3% |
| Current assets | 29/58 | €436,434 | €482,206 | +€45,772 | +10.5% |
| Cash at bank and in hand | 54/58 | €432,726 | €479,230 | +€46,504 | +10.7% |
| Deferred charges and accrued income | 490/1 | €3,708 | €2,976 | -€732 | -19.7% |
| Total equity and liabilities | 10/49 | €688,035 | €712,311 | +€24,276 | +3.5% |
| Equity | 10/15 | €509,798 | €524,442 | +€14,644 | +2.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €497,398 | €512,042 | +€14,644 | +2.9% |
| Distributable reserves | 133 | €497,398 | €512,042 | +€14,644 | +2.9% |
| Amounts payable | 17/49 | €178,237 | €187,869 | +€9,632 | +5.4% |
| Amounts payable after more than one year | 17 | €76,847 | €53,225 | -€23,622 | -30.7% |
| Financial debts | 170/4 | €76,847 | €53,225 | -€23,622 | -30.7% |
| Amounts payable within one year | 42/48 | €101,390 | €134,644 | +€33,254 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €23,046 | €23,622 | +€576 | +2.5% |
| Trade debts | 44 | €4,887 | €1,498 | -€3,389 | -69.3% |
| Suppliers | 440/4 | €4,887 | €1,498 | -€3,389 | -69.3% |
| Taxes, remuneration and social security | 45 | €5,612 | €11,795 | +€6,183 | +110.2% |
| Taxes | 450/3 | €5,612 | €11,795 | +€6,183 | +110.2% |
| Other amounts payable | 47/48 | €67,845 | €97,729 | +€29,884 | +44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,678 | €24,303 | -€375 | -1.5% |
| Gross operating margin | 9900 | €173,188 | €167,837 | -€5,351 | -3.1% |
| Operating profit (loss) | 9901 | €148,510 | €143,534 | -€4,976 | -3.4% |
| Financial income | 75/76B | €5,268 | €6,095 | +€827 | +15.7% |
| Recurring financial income | 75 | €5,268 | €6,095 | +€827 | +15.7% |
| Financial charges | 65/66B | €5,009 | €4,403 | -€606 | -12.1% |
| Recurring financial charges | 65 | €5,009 | €4,403 | -€606 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €148,769 | €145,226 | -€3,543 | -2.4% |
| Income taxes | 67/77 | €45,923 | €46,183 | +€260 | +0.6% |
| Profit (loss) for the period | 9904 | €102,846 | €99,043 | -€3,803 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €102,846 | €99,043 | -€3,803 | -3.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.