Dokter Michiel Boon: what changed
Dokter Michiel Boon
Largest movements
- Cash +€46,839
up €46,839 (+37.9%), from €123,677 to €170,516
mainly Net result for the year (+€206,449) and Other debts (+€21,707)
- Receivables within one year -€6,727
no longer reported in 2025 (was €6,727)
- Tangible fixed assets -€3,105
down €3,105 (-13.8%), from €22,481 to €19,376
of which Furniture and vehicles: -€2,325
- Other debts +€21,707
up €21,707 (+11.7%), from €184,941 to €206,648
- Current portion of long-term debt +€10,089
new in 2025: €10,089
- Tax, wage and social debts +€5,687
new in 2025: €5,687
- Gross operating margin +€28,753
up €28,753 (+11.4%), from €253,283 to €282,035
- Taxes +€7,517
up €7,517 (+13.3%), from €56,671 to €64,187
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €186,028 | €223,705 | +€37,677 | +20.3% |
| Fixed assets | 21/28 | €22,481 | €19,376 | -€3,105 | -13.8% |
| Tangible fixed assets | 22/27 | €22,481 | €19,376 | -€3,105 | -13.8% |
| Plant, machinery and equipment | 23 | €1,804 | €1,024 | -€780 | -43.2% |
| Furniture and vehicles | 24 | €20,677 | €18,352 | -€2,325 | -11.2% |
| Current assets | 29/58 | €163,548 | €204,329 | +€40,782 | +24.9% |
| Amounts receivable within one year | 40/41 | €6,727 | - | -€6,727 | |
| Other amounts receivable | 41 | €6,727 | - | -€6,727 | |
| Cash at bank and in hand | 54/58 | €123,677 | €170,516 | +€46,839 | +37.9% |
| Deferred charges and accrued income | 490/1 | €33,144 | €33,813 | +€669 | +2.0% |
| Total equity and liabilities | 10/49 | €186,028 | €223,705 | +€37,677 | +20.3% |
| Equity | 10/15 | €500 | €500 | = | 0.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Amounts payable | 17/49 | €185,528 | €223,205 | +€37,677 | +20.3% |
| Amounts payable within one year | 42/48 | €185,528 | €223,205 | +€37,677 | +20.3% |
| Current portion of amounts payable after more than one year | 42 | - | €10,089 | +€10,089 | |
| Trade debts | 44 | €587 | €781 | +€194 | +33.0% |
| Suppliers | 440/4 | €587 | €781 | +€194 | +33.0% |
| Taxes, remuneration and social security | 45 | - | €5,687 | +€5,687 | |
| Taxes | 450/3 | - | €5,687 | +€5,687 | |
| Other amounts payable | 47/48 | €184,941 | €206,648 | +€21,707 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,574 | €10,153 | -€421 | -4.0% |
| Other operating charges | 640/8 | €848 | €531 | -€317 | -37.4% |
| Gross operating margin | 9900 | €253,283 | €282,035 | +€28,753 | +11.4% |
| Operating profit (loss) | 9901 | €241,861 | €271,351 | +€29,491 | +12.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €310 | €715 | +€405 | +131% |
| Recurring financial charges | 65 | €310 | €715 | +€405 | +131% |
| Profit (loss) for the period before taxes | 9903 | €241,551 | €270,637 | +€29,086 | +12.0% |
| Income taxes | 67/77 | €56,671 | €64,187 | +€7,517 | +13.3% |
| Profit (loss) for the period | 9904 | €184,880 | €206,449 | +€21,569 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €184,880 | €206,449 | +€21,569 | +11.7% |
Next steps
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 8 November 2026 via checked.be.