DOKTER MARC BUSSCHAERT: what changed
What changed
DOKTER MARC BUSSCHAERT
filed annual accounts (NBB)
Net result for the year
€82,725
2024 · €88,841-€6,116
Equity
€2.1m
2024 · €2.0m+€82,725
Cash
€934,130
2024 · €303,378+€630,752
Balance sheet total
€2.2m
2024 · €2.1m+€100,225
Largest movements
Assets
- Cash +€630,752
up €630,752 (+208%), from €303,378 to €934,130
mainly Current investments (+€529,849) and Net result for the year (+€82,725)
- Current investments -€529,849
down €529,849 (-30.3%), from €1.7m to €1.2m
Equity and liabilities
- Reserves +€82,725
up €82,725 (+4.7%), from €1.7m to €1.8m
Income statement
- Financial income -€17,320
down €17,320 (-39.5%), from €43,901 to €26,581
- Depreciation -€4,767
down €4,767 (-29.4%), from €16,213 to €11,447
- Taxes -€2,775
down €2,775 (-6.5%), from €42,651 to €39,876
- Gross operating margin +€2,703
up €2,703 (+2.4%), from €114,095 to €116,798
Change in the result, 2024 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.
Result 2024
€88,841
Gross operating margin
+€2,703
Depreciation
+€4,767
Other operating charges
-€35
Financial income
-€17,320
Financial charges
+€994
Taxes
+€2,775
Result 2025
€82,725
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€105,299
Investment
+€525,453
Financing
€0
Cash 2024
€303,378
From operations (derived)
+€105,299
Net result for the year
+€82,725
Depreciation
+€11,447
Receivables within one year
+€6,036
Deferred charges and accrued income
-€12,409
Smaller working-capital items
-€178
Tax, wage and social debts
+€14,401
Other debts
+€3,276
Investment (derived)
+€525,453
Investment in fixed assets (net)
-€4,395
Current investments
+€529,849
Cash 2025
€934,130
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,117,174 | €2,217,399 | +€100,225 | +4.7% |
| Fixed assets | 21/28 | €10,350 | €3,299 | -€7,051 | -68.1% |
| Tangible fixed assets | 22/27 | €10,350 | €3,299 | -€7,051 | -68.1% |
| Furniture and vehicles | 24 | €10,350 | €3,299 | -€7,051 | -68.1% |
| Current assets | 29/58 | €2,106,824 | €2,214,100 | +€107,276 | +5.1% |
| Amounts receivable within one year | 40/41 | €26,626 | €20,590 | -€6,036 | -22.7% |
| Other amounts receivable | 41 | €26,626 | €20,590 | -€6,036 | -22.7% |
| Current investments | 50/53 | €1,747,291 | €1,217,443 | -€529,849 | -30.3% |
| Cash at bank and in hand | 54/58 | €303,378 | €934,130 | +€630,752 | +208% |
| Deferred charges and accrued income | 490/1 | €29,528 | €41,937 | +€12,409 | +42.0% |
| Total equity and liabilities | 10/49 | €2,117,174 | €2,217,399 | +€100,225 | +4.7% |
| Equity | 10/15 | €1,979,422 | €2,062,147 | +€82,725 | +4.2% |
| Contributions | 10/11 | €235,600 | €235,600 | = | 0.0% |
| Reserves | 13 | €1,742,133 | €1,824,859 | +€82,725 | +4.7% |
| Distributable reserves | 133 | €1,742,133 | €1,824,859 | +€82,725 | +4.7% |
| Profit (loss) carried forward | 14 | €1,689 | €1,689 | = | 0.0% |
| Amounts payable | 17/49 | €137,752 | €155,252 | +€17,500 | +12.7% |
| Amounts payable within one year | 42/48 | €128,614 | €147,107 | +€18,493 | +14.4% |
| Trade debts | 44 | €182 | €998 | +€816 | +448% |
| Suppliers | 440/4 | €182 | €998 | +€816 | +448% |
| Taxes, remuneration and social security | 45 | €15,034 | €29,436 | +€14,401 | +95.8% |
| Taxes | 450/3 | €15,034 | €29,436 | +€14,401 | +95.8% |
| Other amounts payable | 47/48 | €113,398 | €116,674 | +€3,276 | +2.9% |
| Accrued charges and deferred income | 492/3 | €9,138 | €8,145 | -€994 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,213 | €11,447 | -€4,767 | -29.4% |
| Other operating charges | 640/8 | €1,108 | €1,143 | +€35 | +3.1% |
| Gross operating margin | 9900 | €114,095 | €116,798 | +€2,703 | +2.4% |
| Operating profit (loss) | 9901 | €96,774 | €104,209 | +€7,435 | +7.7% |
| Financial income | 75/76B | €43,901 | €26,581 | -€17,320 | -39.5% |
| Recurring financial income | 75 | €43,901 | €26,581 | -€17,320 | -39.5% |
| Financial charges | 65/66B | €9,183 | €8,190 | -€994 | -10.8% |
| Recurring financial charges | 65 | €9,183 | €8,190 | -€994 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €131,492 | €122,601 | -€8,891 | -6.8% |
| Income taxes | 67/77 | €42,651 | €39,876 | -€2,775 | -6.5% |
| Profit (loss) for the period | 9904 | €88,841 | €82,725 | -€6,116 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €88,841 | €82,725 | -€6,116 | -6.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.