Dokter Laura De Souter: 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.
Dokter Laura De Souter
Largest movements
- Tangible fixed assets +€30,468
up €30,468 (+1,395%), from €2,184 to €32,652
of which Leasing and similar rights: +€28,083
- Cash -€9,629
down €9,629 (-27.6%), from €34,860 to €25,230
mainly Contributions, distributions and other (-€71,092) and Investment in fixed assets (net) (-€36,354)
- Deferred charges and accrued income +€3,543
up €3,543 (+493%), from €719 to €4,261
- Reserves -€40,760
no longer reported in 2025 (was €40,760)
- Other debts +€35,747
up €35,747 (+883%), from €4,047 to €39,794
- Debts after one year +€21,887
new in 2025: €21,887
- Current portion of long-term debt +€6,269
new in 2025: €6,269
- Accrued charges and deferred income +€2,199
new in 2025: €2,199
- Depreciation +€4,717
up €4,717 (+403%), from €1,170 to €5,887
- Gross operating margin +€1,696
up €1,696 (+3.6%), from €46,618 to €48,314
- Taxes -€1,168
down €1,168 (-12.4%), from €9,433 to €8,265
- Other operating charges +€1,066
up €1,066 (+140%), from €763 to €1,829
- Financial charges +€872
up €872 (+77.1%), from €1,130 to €2,002
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 | €47,717 | €72,195 | +€24,478 | +51.3% |
| Fixed assets | 21/28 | €2,184 | €32,652 | +€30,468 | +1,395% |
| Tangible fixed assets | 22/27 | €2,184 | €32,652 | +€30,468 | +1,395% |
| Plant, machinery and equipment | 23 | €2,184 | €4,569 | +€2,385 | +109% |
| Leasing and similar rights | 25 | - | €28,083 | +€28,083 | |
| Current assets | 29/58 | €45,533 | €39,543 | -€5,990 | -13.2% |
| Amounts receivable within one year | 40/41 | €9,955 | €10,052 | +€97 | +1.0% |
| Trade receivables | 40 | €5,978 | €5,210 | -€768 | -12.8% |
| Other amounts receivable | 41 | €3,977 | €4,842 | +€865 | +21.7% |
| Cash at bank and in hand | 54/58 | €34,860 | €25,230 | -€9,629 | -27.6% |
| Deferred charges and accrued income | 490/1 | €719 | €4,261 | +€3,543 | +493% |
| Total equity and liabilities | 10/49 | €47,717 | €72,195 | +€24,478 | +51.3% |
| Equity | 10/15 | €41,760 | €1,000 | -€40,760 | -97.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €40,760 | - | -€40,760 | |
| Distributable reserves | 133 | €40,760 | - | -€40,760 | |
| Amounts payable | 17/49 | €5,957 | €71,195 | +€65,239 | +1,095% |
| Amounts payable after more than one year | 17 | - | €21,887 | +€21,887 | |
| Financial debts | 170/4 | - | €21,887 | +€21,887 | |
| Amounts payable within one year | 42/48 | €5,957 | €47,109 | +€41,152 | +691% |
| Current portion of amounts payable after more than one year | 42 | - | €6,269 | +€6,269 | |
| Financial debts | 43 | €401 | - | -€401 | |
| Credit institutions | 430/8 | €401 | - | -€401 | |
| Trade debts | 44 | €1,451 | €952 | -€498 | -34.4% |
| Suppliers | 440/4 | €1,451 | €952 | -€498 | -34.4% |
| Taxes, remuneration and social security | 45 | €57 | €93 | +€36 | +62.4% |
| Taxes | 450/3 | €57 | €93 | +€36 | +62.4% |
| Other amounts payable | 47/48 | €4,047 | €39,794 | +€35,747 | +883% |
| Accrued charges and deferred income | 492/3 | - | €2,199 | +€2,199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,170 | €5,887 | +€4,717 | +403% |
| Other operating charges | 640/8 | €763 | €1,829 | +€1,066 | +140% |
| Gross operating margin | 9900 | €46,618 | €48,314 | +€1,696 | +3.6% |
| Operating profit (loss) | 9901 | €44,685 | €40,598 | -€4,087 | -9.1% |
| Financial charges | 65/66B | €1,130 | €2,002 | +€872 | +77.1% |
| Recurring financial charges | 65 | €1,130 | €2,002 | +€872 | +77.1% |
| Profit (loss) for the period before taxes | 9903 | €43,554 | €38,596 | -€4,958 | -11.4% |
| Income taxes | 67/77 | €9,433 | €8,265 | -€1,168 | -12.4% |
| Profit (loss) for the period | 9904 | €34,121 | €30,331 | -€3,790 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,121 | €30,331 | -€3,790 | -11.1% |
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 25 October 2026 via checked.be.