Dokter Steven Renier: 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 Steven Renier
Largest movements
- Cash -€148,115
down €148,115 (-90.1%), from €164,339 to €16,224
mainly Contributions, distributions and other (-€612,054) and Other debts (-€345,216)
- Intangible fixed assets -€75,000
down €75,000 (-50.0%), from €150,000 to €75,000
- Receivables within one year -€71,478
down €71,478 (-54.8%), from €130,499 to €59,022
- Deferred charges and accrued income -€28,750
down €28,750 (-20.8%), from €137,905 to €109,154
- Tangible fixed assets -€20,674
down €20,674 (-32.3%), from €63,949 to €43,275
of which Other tangible fixed assets: -€12,564
- Other debts -€345,216
down €345,216 (-56.5%), from €611,142 to €265,926
- Gross operating margin +€166,086
up €166,086 (+22.4%), from €740,593 to €906,680
- Taxes +€39,429
up €39,429 (+24.8%), from €158,730 to €198,160
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 | €646,692 | €302,675 | -€344,017 | -53.2% |
| Fixed assets | 21/28 | €213,949 | €118,275 | -€95,674 | -44.7% |
| Intangible fixed assets | 21 | €150,000 | €75,000 | -€75,000 | -50.0% |
| Tangible fixed assets | 22/27 | €63,949 | €43,275 | -€20,674 | -32.3% |
| Furniture and vehicles | 24 | €35,840 | €27,730 | -€8,110 | -22.6% |
| Other tangible fixed assets | 26 | €28,108 | €15,544 | -€12,564 | -44.7% |
| Current assets | 29/58 | €432,743 | €184,401 | -€248,343 | -57.4% |
| Amounts receivable within one year | 40/41 | €130,499 | €59,022 | -€71,478 | -54.8% |
| Other amounts receivable | 41 | €130,499 | €59,022 | -€71,478 | -54.8% |
| Cash at bank and in hand | 54/58 | €164,339 | €16,224 | -€148,115 | -90.1% |
| Deferred charges and accrued income | 490/1 | €137,905 | €109,154 | -€28,750 | -20.8% |
| Total equity and liabilities | 10/49 | €646,692 | €302,675 | -€344,017 | -53.2% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €628,092 | €284,075 | -€344,017 | -54.8% |
| Amounts payable within one year | 42/48 | €628,092 | €284,075 | -€344,017 | -54.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,420 | €3,620 | +€1,200 | +49.6% |
| Suppliers | 440/4 | €2,420 | €3,620 | +€1,200 | +49.6% |
| Taxes, remuneration and social security | 45 | €14,530 | €14,530 | = | 0.0% |
| Taxes | 450/3 | €14,530 | €14,530 | = | 0.0% |
| Other amounts payable | 47/48 | €611,142 | €265,926 | -€345,216 | -56.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,774 | €95,674 | +€6,900 | +7.8% |
| Other operating charges | 640/8 | €538 | €528 | -€11 | -2.0% |
| Gross operating margin | 9900 | €740,593 | €906,680 | +€166,086 | +22.4% |
| Operating profit (loss) | 9901 | €651,281 | €810,478 | +€159,197 | +24.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €450 | €265 | -€185 | -41.1% |
| Recurring financial charges | 65 | €450 | €265 | -€185 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €650,831 | €810,213 | +€159,382 | +24.5% |
| Income taxes | 67/77 | €158,730 | €198,160 | +€39,429 | +24.8% |
| Profit (loss) for the period | 9904 | €492,101 | €612,054 | +€119,953 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €492,101 | €612,054 | +€119,953 | +24.4% |
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 29 October 2026 via checked.be.