Dokter M. SPAAS: what changed
Dokter M. SPAAS
Largest movements
- Cash +€40,088
up €40,088 (+60.2%), from €66,595 to €106,683
mainly Net result for the year (+€24,567) and Depreciation (+€14,739)
- Tangible fixed assets -€12,156
down €12,156 (-30.9%), from €39,298 to €27,142
of which Furniture and vehicles: -€11,312
- Reserves +€24,567
up €24,567 (+29.6%), from €82,995 to €107,562
- Tax, wage and social debts +€6,087
up €6,087 (+89.6%), from €6,792 to €12,879
- Other debts -€3,752
down €3,752 (-84.1%), from €4,463 to €711
- Gross operating margin +€19,620
up €19,620 (+60.6%), from €32,373 to €51,994
- Taxes +€6,360
up €6,360 (+121%), from €5,245 to €11,604
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,931 | €134,063 | +€27,132 | +25.4% |
| Fixed assets | 21/28 | €39,298 | €27,142 | -€12,156 | -30.9% |
| Tangible fixed assets | 22/27 | €39,298 | €27,142 | -€12,156 | -30.9% |
| Plant, machinery and equipment | 23 | €2,985 | €2,141 | -€844 | -28.3% |
| Furniture and vehicles | 24 | €36,313 | €25,000 | -€11,312 | -31.2% |
| Current assets | 29/58 | €67,633 | €106,921 | +€39,288 | +58.1% |
| Cash at bank and in hand | 54/58 | €66,595 | €106,683 | +€40,088 | +60.2% |
| Deferred charges and accrued income | 490/1 | €1,038 | €239 | -€800 | -77.0% |
| Total equity and liabilities | 10/49 | €106,931 | €134,063 | +€27,132 | +25.4% |
| Equity | 10/15 | €95,395 | €119,962 | +€24,567 | +25.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €82,995 | €107,562 | +€24,567 | +29.6% |
| Distributable reserves | 133 | €82,995 | €107,562 | +€24,567 | +29.6% |
| Amounts payable | 17/49 | €11,536 | €14,100 | +€2,564 | +22.2% |
| Amounts payable within one year | 42/48 | €11,536 | €14,100 | +€2,564 | +22.2% |
| Trade debts | 44 | €281 | €510 | +€229 | +81.3% |
| Suppliers | 440/4 | €281 | €510 | +€229 | +81.3% |
| Taxes, remuneration and social security | 45 | €6,792 | €12,879 | +€6,087 | +89.6% |
| Taxes | 450/3 | €6,792 | €12,879 | +€6,087 | +89.6% |
| Other amounts payable | 47/48 | €4,463 | €711 | -€3,752 | -84.1% |
| Remuneration, social security and pensions | 62 | - | €372 | +€372 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,508 | €14,739 | +€231 | +1.6% |
| Other operating charges | 640/8 | €579 | €520 | -€59 | -10.2% |
| Gross operating margin | 9900 | €32,373 | €51,994 | +€19,620 | +60.6% |
| Operating profit (loss) | 9901 | €17,287 | €36,362 | +€19,076 | +110% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €192 | €191 | -€1 | -0.5% |
| Recurring financial charges | 65 | €192 | €191 | -€1 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €17,095 | €36,172 | +€19,077 | +112% |
| Income taxes | 67/77 | €5,245 | €11,604 | +€6,360 | +121% |
| Profit (loss) for the period | 9904 | €11,850 | €24,567 | +€12,717 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €11,850 | €24,567 | +€12,717 | +107% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.