DR. BART DE KEERSMAECKER: what changed
What changed
DR. BART DE KEERSMAECKER
NACE 86.210, General medical practice
filed annual accounts (NBB)
Net result for the year
€104,237
2024 · €107,689-€3,452
Equity
€381,144
2024 · €462,796-€81,652
Cash
€117,971
2024 · €15,781+€102,190
Balance sheet total
€1.1m
2024 · €1.1m-€45,175
Largest movements
Assets
- Receivables within one year -€133,133
down €133,133 (-70.3%), from €189,343 to €56,210
of which Other amounts receivable: -€133,270
- Cash +€102,190
up €102,190 (+648%), from €15,781 to €117,971
mainly Receivables within one year (+€133,133) and Net result for the year (+€104,237)
Equity and liabilities
- Reserves -€81,652
down €81,652 (-18.1%), from €450,396 to €368,744
- Other debts +€56,892
up €56,892 (+6,623%), from €859 to €57,751
- Debts after one year -€41,168
down €41,168 (-9.8%), from €421,631 to €380,463
Income statement
- Staff costs -€13,482
down €13,482 (-99.0%), from €13,611 to €130
- Depreciation +€7,267
up €7,267 (+17.7%), from €41,169 to €48,437
- Other operating charges +€6,387
up €6,387 (+136%), from €4,700 to €11,087
- Gross operating margin -€2,953
down €2,953 (-1.4%), from €218,058 to €215,105
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.
Result 2024
€107,689
Gross operating margin
-€2,953
Staff costs
+€13,482
Depreciation
-€7,267
Other operating charges
-€6,387
Financial income
-€394
Financial charges
+€968
Taxes
-€900
Result 2025
€104,237
raises the resultlowers the result
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.
From operations
+€358,995
Investment
-€39,139
Financing
-€217,666
Cash 2024
€15,781
From operations (derived)
+€358,995
Net result for the year
+€104,237
Depreciation
+€48,437
Receivables within one year
+€133,133
Deferred charges and accrued income
+€4,934
Trade debts
+€2,578
Tax, wage and social debts
+€8,357
Other debts
+€56,892
Accrued charges and deferred income
+€428
Investment (derived)
-€39,139
Investment in fixed assets (net)
-€39,139
Financing
-€217,666
Debts after one year
-€41,168
Current portion of long-term debt
+€6,930
Short-term financial debts
+€2,461
Contributions, distributions and other
-€185,889
Cash 2025
€117,971
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,134,165 | €1,088,990 | -€45,175 | -4.0% |
| Fixed assets | 21/28 | €718,580 | €709,282 | -€9,298 | -1.3% |
| Tangible fixed assets | 22/27 | €718,580 | €709,282 | -€9,298 | -1.3% |
| Land and buildings | 22 | €636,178 | €612,965 | -€23,213 | -3.6% |
| Plant, machinery and equipment | 23 | €38,569 | €8,713 | -€29,856 | -77.4% |
| Furniture and vehicles | 24 | €43,833 | €58,878 | +€15,045 | +34.3% |
| Other tangible fixed assets | 26 | - | €28,726 | +€28,726 | |
| Current assets | 29/58 | €415,586 | €379,708 | -€35,877 | -8.6% |
| Amounts receivable within one year | 40/41 | €189,343 | €56,210 | -€133,133 | -70.3% |
| Trade receivables | 40 | - | €136 | +€136 | |
| Other amounts receivable | 41 | €189,343 | €56,074 | -€133,270 | -70.4% |
| Cash at bank and in hand | 54/58 | €15,781 | €117,971 | +€102,190 | +648% |
| Deferred charges and accrued income | 490/1 | €210,461 | €205,527 | -€4,934 | -2.3% |
| Total equity and liabilities | 10/49 | €1,134,165 | €1,088,990 | -€45,175 | -4.0% |
| Equity | 10/15 | €462,796 | €381,144 | -€81,652 | -17.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €450,396 | €368,744 | -€81,652 | -18.1% |
| Distributable reserves | 133 | €450,396 | €368,744 | -€81,652 | -18.1% |
| Provisions and deferred taxes | 16 | €159,126 | €159,126 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €159,126 | €159,126 | = | 0.0% |
| Pensions and similar obligations | 160 | €159,126 | €159,126 | = | 0.0% |
| Amounts payable | 17/49 | €512,243 | €548,720 | +€36,477 | +7.1% |
| Amounts payable after more than one year | 17 | €421,631 | €380,463 | -€41,168 | -9.8% |
| Financial debts | 170/4 | €421,631 | €380,463 | -€41,168 | -9.8% |
| Amounts payable within one year | 42/48 | €90,212 | €167,429 | +€77,217 | +85.6% |
| Current portion of amounts payable after more than one year | 42 | €71,296 | €78,227 | +€6,930 | +9.7% |
| Financial debts | 43 | - | €2,461 | +€2,461 | |
| Credit institutions | 430/8 | - | €2,461 | +€2,461 | |
| Trade debts | 44 | - | €2,578 | +€2,578 | |
| Suppliers | 440/4 | - | €2,578 | +€2,578 | |
| Taxes, remuneration and social security | 45 | €18,057 | €26,413 | +€8,357 | +46.3% |
| Taxes | 450/3 | €18,057 | €26,413 | +€8,357 | +46.3% |
| Other amounts payable | 47/48 | €859 | €57,751 | +€56,892 | +6,623% |
| Accrued charges and deferred income | 492/3 | €400 | €828 | +€428 | +107% |
| Non-recurring operating income | 76A | - | €5,500 | +€5,500 | |
| Remuneration, social security and pensions | 62 | €13,611 | €130 | -€13,482 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,169 | €48,437 | +€7,267 | +17.7% |
| Other operating charges | 640/8 | €4,700 | €11,087 | +€6,387 | +136% |
| Gross operating margin | 9900 | €218,058 | €215,105 | -€2,953 | -1.4% |
| Operating profit (loss) | 9901 | €158,577 | €155,452 | -€3,126 | -2.0% |
| Financial income | 75/76B | €3,232 | €2,838 | -€394 | -12.2% |
| Recurring financial income | 75 | €3,232 | €2,838 | -€394 | -12.2% |
| Financial charges | 65/66B | €8,864 | €7,896 | -€968 | -10.9% |
| Recurring financial charges | 65 | €8,864 | €7,896 | -€968 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €152,945 | €150,393 | -€2,552 | -1.7% |
| Income taxes | 67/77 | €45,257 | €46,157 | +€900 | +2.0% |
| Profit (loss) for the period | 9904 | €107,689 | €104,237 | -€3,452 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €107,689 | €104,237 | -€3,452 | -3.2% |
Next steps
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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 2 November 2026 via checked.be.