Dokter Tim Balthazar: what changed
Dokter Tim Balthazar
Largest movements
- Tangible fixed assets +€27,529
up €27,529 (+3,141%), from €877 to €28,405
of which Other tangible fixed assets: +€27,957
- Receivables within one year +€25,576
up €25,576 (+12,120%), from €211 to €25,787
- Cash -€5,806
down €5,806 (-26.0%), from €22,294 to €16,488
mainly Investment in fixed assets (net) (-€30,188) and Receivables within one year (-€25,576)
- Deferred charges and accrued income +€1,788
up €1,788 (+18.7%), from €9,541 to €11,329
- Trade debts +€25,843
up €25,843 (+17,504%), from €148 to €25,990
- Reserves +€21,388
up €21,388 (+51.6%), from €41,429 to €62,816
- Other debts +€1,472
up €1,472 (+101%), from €1,450 to €2,922
- Depreciation +€2,251
up €2,251 (+551%), from €408 to €2,660
- Financial charges -€584
down €584 (-57.4%), from €1,018 to €433
- Taxes +€384
up €384 (+6.1%), from €6,297 to €6,681
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 | €49,423 | €98,510 | +€49,087 | +99.3% |
| Fixed assets | 21/28 | €17,377 | €44,905 | +€27,529 | +158% |
| Tangible fixed assets | 22/27 | €877 | €28,405 | +€27,529 | +3,141% |
| Furniture and vehicles | 24 | €877 | €448 | -€428 | -48.9% |
| Other tangible fixed assets | 26 | - | €27,957 | +€27,957 | |
| Financial fixed assets | 28 | €16,500 | €16,500 | = | 0.0% |
| Current assets | 29/58 | €32,047 | €53,605 | +€21,558 | +67.3% |
| Amounts receivable within one year | 40/41 | €211 | €25,787 | +€25,576 | +12,120% |
| Trade receivables | 40 | €211 | €25,787 | +€25,576 | +12,120% |
| Cash at bank and in hand | 54/58 | €22,294 | €16,488 | -€5,806 | -26.0% |
| Deferred charges and accrued income | 490/1 | €9,541 | €11,329 | +€1,788 | +18.7% |
| Total equity and liabilities | 10/49 | €49,423 | €98,510 | +€49,087 | +99.3% |
| Equity | 10/15 | €41,529 | €62,916 | +€21,388 | +51.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €41,429 | €62,816 | +€21,388 | +51.6% |
| Distributable reserves | 133 | €41,429 | €62,816 | +€21,388 | +51.6% |
| Amounts payable | 17/49 | €7,895 | €35,593 | +€27,699 | +351% |
| Amounts payable within one year | 42/48 | €7,895 | €35,593 | +€27,699 | +351% |
| Trade debts | 44 | €148 | €25,990 | +€25,843 | +17,504% |
| Suppliers | 440/4 | €148 | €25,990 | +€25,843 | +17,504% |
| Taxes, remuneration and social security | 45 | €6,297 | €6,681 | +€384 | +6.1% |
| Taxes | 450/3 | €6,297 | €6,681 | +€384 | +6.1% |
| Other amounts payable | 47/48 | €1,450 | €2,922 | +€1,472 | +101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408 | €2,660 | +€2,251 | +551% |
| Gross operating margin | 9900 | €30,806 | €31,084 | +€278 | +0.9% |
| Operating profit (loss) | 9901 | €30,398 | €28,424 | -€1,973 | -6.5% |
| Financial income | 75/76B | €1 | €78 | +€77 | +5,764% |
| Recurring financial income | 75 | €1 | €78 | +€77 | +5,764% |
| Financial charges | 65/66B | €1,018 | €433 | -€584 | -57.4% |
| Recurring financial charges | 65 | €1,018 | €433 | -€584 | -57.4% |
| Profit (loss) for the period before taxes | 9903 | €29,381 | €28,069 | -€1,312 | -4.5% |
| Income taxes | 67/77 | €6,297 | €6,681 | +€384 | +6.1% |
| Profit (loss) for the period | 9904 | €23,085 | €21,388 | -€1,697 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,085 | €21,388 | -€1,697 | -7.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.