DOKTER M. BIESMANS: 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 M. BIESMANS
Largest movements
- Cash +€134,053
up €134,053 (+13.9%), from €966,824 to €1.1m
mainly Net result for the year (+€125,539) and Depreciation (+€12,100)
- Tangible fixed assets -€12,100
down €12,100 (-45.3%), from €26,699 to €14,599
of which Furniture and vehicles: -€9,431
- Reserves +€125,539
up €125,539 (+13.0%), from €962,059 to €1.1m
- Gross operating margin -€66,703
down €66,703 (-25.0%), from €266,457 to €199,755
- Taxes -€28,586
down €28,586 (-31.8%), from €89,774 to €61,189
- Financial income -€23,871
no longer reported in 2025 (was €23,871)
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 | €995,921 | €1,122,039 | +€126,118 | +12.7% |
| Fixed assets | 21/28 | €26,774 | €14,674 | -€12,100 | -45.2% |
| Tangible fixed assets | 22/27 | €26,699 | €14,599 | -€12,100 | -45.3% |
| Plant, machinery and equipment | 23 | €1,168 | €302 | -€867 | -74.2% |
| Furniture and vehicles | 24 | €9,431 | - | -€9,431 | |
| Other tangible fixed assets | 26 | €16,099 | €14,297 | -€1,802 | -11.2% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €969,147 | €1,107,366 | +€138,219 | +14.3% |
| Amounts receivable within one year | 40/41 | - | €3,812 | +€3,812 | |
| Other amounts receivable | 41 | - | €3,812 | +€3,812 | |
| Cash at bank and in hand | 54/58 | €966,824 | €1,100,876 | +€134,053 | +13.9% |
| Deferred charges and accrued income | 490/1 | €2,324 | €2,678 | +€354 | +15.3% |
| Total equity and liabilities | 10/49 | €995,921 | €1,122,039 | +€126,118 | +12.7% |
| Equity | 10/15 | €976,319 | €1,101,858 | +€125,539 | +12.9% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €962,059 | €1,087,598 | +€125,539 | +13.0% |
| Distributable reserves | 133 | €962,059 | €1,087,598 | +€125,539 | +13.0% |
| Amounts payable | 17/49 | €19,602 | €20,181 | +€579 | +3.0% |
| Amounts payable within one year | 42/48 | €19,602 | €20,181 | +€579 | +3.0% |
| Trade debts | 44 | €395 | €1,018 | +€623 | +158% |
| Suppliers | 440/4 | €395 | €1,018 | +€623 | +158% |
| Taxes, remuneration and social security | 45 | €7,637 | €7,637 | = | 0.0% |
| Taxes | 450/3 | €7,637 | €7,637 | = | 0.0% |
| Other amounts payable | 47/48 | €11,571 | €11,526 | -€44 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,100 | €12,100 | +€0 | 0.0% |
| Other operating charges | 640/8 | €672 | €691 | +€20 | +2.9% |
| Gross operating margin | 9900 | €266,457 | €199,755 | -€66,703 | -25.0% |
| Operating profit (loss) | 9901 | €253,685 | €186,963 | -€66,722 | -26.3% |
| Financial income | 75/76B | €23,871 | - | -€23,871 | |
| Recurring financial income | 75 | €23,871 | - | -€23,871 | |
| Financial charges | 65/66B | €372 | €235 | -€136 | -36.7% |
| Recurring financial charges | 65 | €372 | €235 | -€136 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €277,184 | €186,728 | -€90,456 | -32.6% |
| Income taxes | 67/77 | €89,774 | €61,189 | -€28,586 | -31.8% |
| Profit (loss) for the period | 9904 | €187,410 | €125,539 | -€61,871 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €187,410 | €125,539 | -€61,871 | -33.0% |
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 19 October 2026 via checked.be.