Dokter Nele Raus: 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 Nele Raus
Largest movements
- Tangible fixed assets -€44,461
down €44,461 (-10.5%), from €421,677 to €377,216
of which Land and buildings: -€45,444
- Cash -€9,849
down €9,849 (-59.3%), from €16,619 to €6,770
mainly Current portion of long-term debt (-€45,559) and Trade debts (-€18,678)
- Receivables within one year +€8,740
up €8,740 (+17.7%), from €49,404 to €58,144
- Current portion of long-term debt -€45,559
down €45,559 (-100%), from €45,559 to €0
- Trade debts -€18,678
down €18,678 (-89.3%), from €20,918 to €2,240
- Profit (loss) carried forward +€16,894
up €16,894 (+74.5%), from -€22,680 to -€5,786
- Debts after one year +€6,647
up €6,647 (+4.3%), from €154,142 to €160,789
of which Other amounts payable: +€6,647
- Gross operating margin +€7,885
up €7,885 (+10.2%), from €77,506 to €85,391
- Depreciation -€5,564
down €5,564 (-10.8%), from €51,333 to €45,769
- Taxes +€4,653
up €4,653 (+319%), from €1,460 to €6,113
- Financial charges -€4,281
down €4,281 (-26.2%), from €16,323 to €12,042
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 | €489,866 | €445,776 | -€44,090 | -9.0% |
| Fixed assets | 21/28 | €421,677 | €377,216 | -€44,461 | -10.5% |
| Tangible fixed assets | 22/27 | €421,677 | €377,216 | -€44,461 | -10.5% |
| Land and buildings | 22 | €421,677 | €376,233 | -€45,444 | -10.8% |
| Furniture and vehicles | 24 | - | €983 | +€983 | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €68,189 | €68,560 | +€371 | +0.5% |
| Amounts receivable within one year | 40/41 | €49,404 | €58,144 | +€8,740 | +17.7% |
| Other amounts receivable | 41 | €49,404 | €58,144 | +€8,740 | +17.7% |
| Cash at bank and in hand | 54/58 | €16,619 | €6,770 | -€9,849 | -59.3% |
| Deferred charges and accrued income | 490/1 | €2,167 | €3,646 | +€1,480 | +68.3% |
| Total equity and liabilities | 10/49 | €489,866 | €445,776 | -€44,090 | -9.0% |
| Equity | 10/15 | €253,592 | €270,486 | +€16,894 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €257,672 | €257,672 | = | 0.0% |
| Distributable reserves | 133 | €257,672 | €257,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,680 | -€5,786 | +€16,894 | +74.5% |
| Amounts payable | 17/49 | €236,274 | €175,290 | -€60,984 | -25.8% |
| Amounts payable after more than one year | 17 | €154,142 | €160,789 | +€6,647 | +4.3% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €154,142 | €160,789 | +€6,647 | +4.3% |
| Amounts payable within one year | 42/48 | €68,937 | €3,352 | -€65,584 | -95.1% |
| Current portion of amounts payable after more than one year | 42 | €45,559 | €0 | -€45,559 | -100% |
| Trade debts | 44 | €20,918 | €2,240 | -€18,678 | -89.3% |
| Suppliers | 440/4 | €20,918 | €2,240 | -€18,678 | -89.3% |
| Taxes, remuneration and social security | 45 | €2,460 | €1,113 | -€1,347 | -54.8% |
| Taxes | 450/3 | €460 | €1,113 | +€653 | +142% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Accrued charges and deferred income | 492/3 | €13,195 | €11,149 | -€2,046 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,333 | €45,769 | -€5,564 | -10.8% |
| Other operating charges | 640/8 | €3,747 | €4,573 | +€827 | +22.1% |
| Gross operating margin | 9900 | €77,506 | €85,391 | +€7,885 | +10.2% |
| Operating profit (loss) | 9901 | €22,427 | €35,049 | +€12,622 | +56.3% |
| Financial income | 75/76B | €22 | €0 | -€22 | -100% |
| Recurring financial income | 75 | €22 | €0 | -€22 | -100% |
| Financial charges | 65/66B | €16,323 | €12,042 | -€4,281 | -26.2% |
| Recurring financial charges | 65 | €16,323 | €12,042 | -€4,281 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €6,126 | €23,007 | +€16,881 | +276% |
| Income taxes | 67/77 | €1,460 | €6,113 | +€4,653 | +319% |
| Profit (loss) for the period | 9904 | €4,666 | €16,894 | +€12,228 | +262% |
| Profit (loss) for the period to be appropriated | 9905 | €4,666 | €16,894 | +€12,228 | +262% |
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 28 October 2026 via checked.be.