Dokter Sanne Bertels: what changed
Dokter Sanne Bertels
Largest movements
- Receivables within one year -€211,794
down €211,794 (-86.9%), from €243,849 to €32,055
- Current investments +€128,561
up €128,561 (+321%), from €40,000 to €168,561
- Cash +€87,070
up €87,070 (+383%), from €22,725 to €109,794
mainly Receivables within one year (+€211,794) and Net result for the year (+€90,905)
- Tangible fixed assets -€9,537
down €9,537 (-35.0%), from €27,242 to €17,705
of which Furniture and vehicles: -€10,200
- Deferred charges and accrued income +€4,211
up €4,211 (+36.2%), from €11,639 to €15,851
- Reserves +€20,905
up €20,905 (+8.5%), from €246,972 to €267,877
- Other debts -€12,229
down €12,229 (-14.9%), from €82,229 to €70,000
- Current portion of long-term debt -€10,509
no longer reported in 2025 (was €10,509)
- Depreciation -€57,988
down €57,988 (-79.3%), from €73,148 to €15,160
- Taxes +€14,236
up €14,236 (+99.8%), from €14,263 to €28,499
- Gross operating margin -€3,936
down €3,936 (-2.7%), from €145,238 to €141,302
- Other operating charges -€3,477
down €3,477 (-90.7%), from €3,831 to €355
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 | €345,455 | €343,966 | -€1,489 | -0.4% |
| Fixed assets | 21/28 | €27,242 | €17,705 | -€9,537 | -35.0% |
| Tangible fixed assets | 22/27 | €27,242 | €17,705 | -€9,537 | -35.0% |
| Land and buildings | 22 | €3,726 | €3,035 | -€691 | -18.6% |
| Plant, machinery and equipment | 23 | €293 | €1,647 | +€1,354 | +462% |
| Furniture and vehicles | 24 | €23,222 | €13,023 | -€10,200 | -43.9% |
| Current assets | 29/58 | €318,213 | €326,261 | +€8,048 | +2.5% |
| Amounts receivable within one year | 40/41 | €243,849 | €32,055 | -€211,794 | -86.9% |
| Other amounts receivable | 41 | €243,849 | €32,055 | -€211,794 | -86.9% |
| Current investments | 50/53 | €40,000 | €168,561 | +€128,561 | +321% |
| Cash at bank and in hand | 54/58 | €22,725 | €109,794 | +€87,070 | +383% |
| Deferred charges and accrued income | 490/1 | €11,639 | €15,851 | +€4,211 | +36.2% |
| Total equity and liabilities | 10/49 | €345,455 | €343,966 | -€1,489 | -0.4% |
| Equity | 10/15 | €251,972 | €272,877 | +€20,905 | +8.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €246,972 | €267,877 | +€20,905 | +8.5% |
| Distributable reserves | 133 | €246,972 | €267,877 | +€20,905 | +8.5% |
| Amounts payable | 17/49 | €93,483 | €71,089 | -€22,394 | -24.0% |
| Amounts payable within one year | 42/48 | €93,483 | €71,089 | -€22,394 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €10,509 | - | -€10,509 | |
| Trade debts | 44 | €95 | €1,089 | +€994 | +1,043% |
| Suppliers | 440/4 | €95 | €1,089 | +€994 | +1,043% |
| Taxes, remuneration and social security | 45 | €650 | - | -€650 | |
| Taxes | 450/3 | €650 | - | -€650 | |
| Other amounts payable | 47/48 | €82,229 | €70,000 | -€12,229 | -14.9% |
| Remuneration, social security and pensions | 62 | €8,367 | €9,475 | +€1,108 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,148 | €15,160 | -€57,988 | -79.3% |
| Other operating charges | 640/8 | €3,831 | €355 | -€3,477 | -90.7% |
| Gross operating margin | 9900 | €145,238 | €141,302 | -€3,936 | -2.7% |
| Operating profit (loss) | 9901 | €59,891 | €116,313 | +€56,421 | +94.2% |
| Financial income | 75/76B | €3,937 | €4,818 | +€881 | +22.4% |
| Recurring financial income | 75 | €3,937 | €4,818 | +€881 | +22.4% |
| Financial charges | 65/66B | €446 | €1,726 | +€1,280 | +287% |
| Recurring financial charges | 65 | €446 | €1,726 | +€1,280 | +287% |
| Profit (loss) for the period before taxes | 9903 | €63,382 | €119,405 | +€56,023 | +88.4% |
| Income taxes | 67/77 | €14,263 | €28,499 | +€14,236 | +99.8% |
| Profit (loss) for the period | 9904 | €49,119 | €90,905 | +€41,786 | +85.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,119 | €90,905 | +€41,786 | +85.1% |
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 5 November 2026 via checked.be.