Dokter Sofie Cardoen: 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 Sofie Cardoen
Largest movements
- Tangible fixed assets -€100,329
down €100,329 (-14.8%), from €675,881 to €575,553
of which Other tangible fixed assets: -€63,579
- Cash +€20,249
up €20,249 (+207.0%), from €9,781 to €30,030
mainly Depreciation (+€113,911) and Net result for the year (+€47,252)
- Deferred charges and accrued income +€10,400
up €10,400 (+7.3%), from €142,388 to €152,788
- Debts after one year -€107,067
down €107,067 (-30.3%), from €353,389 to €246,321
- Reserves +€47,252
up €47,252 (+89.0%), from €53,115 to €100,366
of which Distributable reserves: +€47,252
- Other debts -€27,575
down €27,575 (-9.8%), from €280,157 to €252,581
- Tax, wage and social debts +€15,857
up €15,857 (+169.7%), from €9,346 to €25,203
- Accrued charges and deferred income -€8,318
no longer reported in 2025 (was €8,318)
- Turnover +€371,566
new in 2025: €371,566
- Purchases and services +€203,903
new in 2025: €203,903
- Gross operating margin +€40,442
up €40,442 (+25.4%), from €158,939 to €199,382
- Taxes +€14,009
up €14,009 (+220.8%), from €6,344 to €20,353
- Financial charges -€11,772
down €11,772 (-53.8%), from €21,899 to €10,127
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.
Cash bridge derived
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 | €831,707 | €758,370 | -€73,337 | -8.8% |
| Fixed assets | 21/28 | €675,881 | €575,553 | -€100,329 | -14.8% |
| Tangible fixed assets | 22/27 | €675,881 | €575,553 | -€100,329 | -14.8% |
| Land and buildings | 22 | €71,969 | €35,219 | -€36,750 | -51.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €603,913 | €540,334 | -€63,579 | -10.5% |
| Current assets | 29/58 | €155,826 | €182,818 | +€26,992 | +17.3% |
| Amounts receivable within one year | 40/41 | €3,656 | - | -€3,656 | |
| Other amounts receivable | 41 | €3,656 | - | -€3,656 | |
| Cash at bank and in hand | 54/58 | €9,781 | €30,030 | +€20,249 | +207.0% |
| Deferred charges and accrued income | 490/1 | €142,388 | €152,788 | +€10,400 | +7.3% |
| Total equity and liabilities | 10/49 | €831,707 | €758,370 | -€73,337 | -8.8% |
| Equity | 10/15 | €71,715 | €118,966 | +€47,252 | +65.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,115 | €100,366 | +€47,252 | +89.0% |
| Tax-exempt reserves | 132 | €214 | €214 | = | 0.0% |
| Distributable reserves | 133 | €52,901 | €100,153 | +€47,252 | +89.3% |
| Amounts payable | 17/49 | €759,992 | €639,404 | -€120,588 | -15.9% |
| Amounts payable after more than one year | 17 | €353,389 | €246,321 | -€107,067 | -30.3% |
| Financial debts | 170/4 | €353,389 | €246,321 | -€107,067 | -30.3% |
| Amounts payable within one year | 42/48 | €398,286 | €393,083 | -€5,203 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €107,067 | €107,067 | = | 0.0% |
| Financial debts | 43 | - | €152 | +€152 | |
| Credit institutions | 430/8 | - | €152 | +€152 | |
| Trade debts | 44 | €1,716 | €8,080 | +€6,364 | +371.0% |
| Suppliers | 440/4 | €1,716 | €8,080 | +€6,364 | +371.0% |
| Taxes, remuneration and social security | 45 | €9,346 | €25,203 | +€15,857 | +169.7% |
| Taxes | 450/3 | €9,346 | €25,203 | +€15,857 | +169.7% |
| Other amounts payable | 47/48 | €280,157 | €252,581 | -€27,575 | -9.8% |
| Accrued charges and deferred income | 492/3 | €8,318 | - | -€8,318 | |
| Turnover | 70 | - | €371,566 | +€371,566 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €203,903 | +€203,903 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,624 | €113,911 | +€7,287 | +6.8% |
| Other operating charges | 640/8 | €4,634 | €7,739 | +€3,105 | +67.0% |
| Gross operating margin | 9900 | €158,939 | €199,382 | +€40,442 | +25.4% |
| Operating profit (loss) | 9901 | €47,681 | €77,732 | +€30,051 | +63.0% |
| Financial income | 75/76B | €110 | - | -€110 | |
| Recurring financial income | 75 | €110 | - | -€110 | |
| Financial charges | 65/66B | €21,899 | €10,127 | -€11,772 | -53.8% |
| Recurring financial charges | 65 | €21,899 | €10,127 | -€11,772 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €25,892 | €67,605 | +€41,713 | +161.1% |
| Income taxes | 67/77 | €6,344 | €20,353 | +€14,009 | +220.8% |
| Profit (loss) for the period | 9904 | €19,549 | €47,252 | +€27,703 | +141.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,549 | €47,252 | +€27,703 | +141.7% |
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 12 October 2026 via checked.be.