Dokter Sofie Sermeus: 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 Sermeus
Largest movements
- Cash +€11,514
up €11,514 (+21.8%), from €52,914 to €64,428
mainly Net result for the year (+€126,957) and Receivables within one year (+€6,663)
- Receivables within one year -€6,663
down €6,663 (-61.0%), from €10,928 to €4,265
of which Other amounts receivable: -€6,177
- Deferred charges and accrued income +€4,405
up €4,405 (+13.9%), from €31,731 to €36,136
- Tangible fixed assets -€3,302
down €3,302 (-9.9%), from €33,375 to €30,073
of which Other tangible fixed assets: -€2,462
- Reserves +€10,700
up €10,700 (+9.2%), from €116,200 to €126,900
- Tax, wage and social debts -€4,190
down €4,190 (-53.4%), from €7,850 to €3,660
- Gross operating margin +€15,888
up €15,888 (+10.4%), from €152,843 to €168,732
- Taxes +€3,234
up €3,234 (+9.8%), from €33,145 to €36,379
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 | €129,949 | €136,152 | +€6,204 | +4.8% |
| Fixed assets | 21/28 | €34,375 | €31,323 | -€3,052 | -8.9% |
| Tangible fixed assets | 22/27 | €33,375 | €30,073 | -€3,302 | -9.9% |
| Plant, machinery and equipment | 23 | - | €1,582 | +€1,582 | |
| Furniture and vehicles | 24 | €18,117 | €15,695 | -€2,422 | -13.4% |
| Other tangible fixed assets | 26 | €15,258 | €12,796 | -€2,462 | -16.1% |
| Financial fixed assets | 28 | €1,000 | €1,250 | +€250 | +25.0% |
| Current assets | 29/58 | €95,574 | €104,829 | +€9,255 | +9.7% |
| Amounts receivable within one year | 40/41 | €10,928 | €4,265 | -€6,663 | -61.0% |
| Trade receivables | 40 | €487 | €0 | -€487 | -100% |
| Other amounts receivable | 41 | €10,441 | €4,265 | -€6,177 | -59.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €52,914 | €64,428 | +€11,514 | +21.8% |
| Deferred charges and accrued income | 490/1 | €31,731 | €36,136 | +€4,405 | +13.9% |
| Total equity and liabilities | 10/49 | €129,949 | €136,152 | +€6,204 | +4.8% |
| Equity | 10/15 | €121,236 | €131,992 | +€10,757 | +8.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €116,200 | €126,900 | +€10,700 | +9.2% |
| Distributable reserves | 133 | €116,200 | €126,900 | +€10,700 | +9.2% |
| Profit (loss) carried forward | 14 | €36 | €92 | +€57 | +158% |
| Amounts payable | 17/49 | €8,713 | €4,160 | -€4,553 | -52.3% |
| Amounts payable within one year | 42/48 | €8,213 | €3,660 | -€4,553 | -55.4% |
| Trade debts | 44 | €363 | €0 | -€363 | -100% |
| Suppliers | 440/4 | €363 | €0 | -€363 | -100% |
| Taxes, remuneration and social security | 45 | €7,850 | €3,660 | -€4,190 | -53.4% |
| Taxes | 450/3 | €7,850 | €3,660 | -€4,190 | -53.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,822 | €5,715 | +€893 | +18.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €152,843 | €168,732 | +€15,888 | +10.4% |
| Operating profit (loss) | 9901 | €147,635 | €162,617 | +€14,983 | +10.1% |
| Financial income | 75/76B | €1,394 | €1,154 | -€240 | -17.2% |
| Recurring financial income | 75 | €1,394 | €1,154 | -€240 | -17.2% |
| Financial charges | 65/66B | €325 | €435 | +€111 | +34.1% |
| Recurring financial charges | 65 | €325 | €435 | +€111 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | €148,704 | €163,336 | +€14,632 | +9.8% |
| Income taxes | 67/77 | €33,145 | €36,379 | +€3,234 | +9.8% |
| Profit (loss) for the period | 9904 | €115,559 | €126,957 | +€11,398 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €115,559 | €126,957 | +€11,398 | +9.9% |
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 16 October 2026 via checked.be.