Dr. DIRK DE SMET: what changed
What changed
Dr. DIRK DE SMET
filed annual accounts (NBB)
Net result for the year
€44,636
2024 · €32,881+€11,755
Equity
€431,891
2024 · €387,255+€44,636
Cash
€69,533
2024 · €65,268+€4,265
Balance sheet total
€461,065
2024 · €407,131+€53,934
Largest movements
Assets
- Tangible fixed assets +€51,655
up €51,655 (+27.1%), from €190,702 to €242,357
of which Furniture and vehicles: +€70,530
- Receivables within one year -€8,230
down €8,230 (-32.4%), from €25,401 to €17,170
of which Other amounts receivable: -€9,730
- Current investments +€6,093
up €6,093 (+4.9%), from €123,907 to €130,000
Equity and liabilities
- Reserves +€44,636
up €44,636 (+37.3%), from €119,628 to €164,264
- Tax, wage and social debts +€10,388
up €10,388 (+366%), from €2,836 to €13,224
Income statement
- Gross operating margin +€25,742
up €25,742 (+31.2%), from €82,598 to €108,340
- Taxes +€10,796
up €10,796 (+130%), from €8,312 to €19,108
- Depreciation +€4,260
up €4,260 (+11.2%), from €38,189 to €42,449
- Financial income +€1,362
up €1,362 (+85.8%), from €1,587 to €2,949
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
€32,881
Gross operating margin
+€25,742
Depreciation
-€4,260
Other operating charges
-€276
Financial income
+€1,362
Financial charges
-€17
Taxes
-€10,796
Result 2025
€44,636
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
+€104,461
Investment
-€100,197
Financing
€0
Cash 2024
€65,268
From operations (derived)
+€104,461
Net result for the year
+€44,636
Depreciation
+€42,449
Receivables within one year
+€8,230
Deferred charges and accrued income
-€152
Tax, wage and social debts
+€10,388
Accrued charges and deferred income
-€1,090
Investment (derived)
-€100,197
Investment in fixed assets (net)
-€94,104
Current investments
-€6,093
Cash 2025
€69,533
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €407,131 | €461,065 | +€53,934 | +13.2% |
| Fixed assets | 21/28 | €190,702 | €242,357 | +€51,655 | +27.1% |
| Tangible fixed assets | 22/27 | €190,702 | €242,357 | +€51,655 | +27.1% |
| Land and buildings | 22 | €168,856 | €147,854 | -€21,002 | -12.4% |
| Plant, machinery and equipment | 23 | - | €2,127 | +€2,127 | |
| Furniture and vehicles | 24 | €21,846 | €92,376 | +€70,530 | +323% |
| Current assets | 29/58 | €216,429 | €218,708 | +€2,279 | +1.1% |
| Amounts receivable within one year | 40/41 | €25,401 | €17,170 | -€8,230 | -32.4% |
| Trade receivables | 40 | €2,000 | €3,499 | +€1,499 | +75.0% |
| Other amounts receivable | 41 | €23,401 | €13,671 | -€9,730 | -41.6% |
| Current investments | 50/53 | €123,907 | €130,000 | +€6,093 | +4.9% |
| Cash at bank and in hand | 54/58 | €65,268 | €69,533 | +€4,265 | +6.5% |
| Deferred charges and accrued income | 490/1 | €1,854 | €2,005 | +€152 | +8.2% |
| Total equity and liabilities | 10/49 | €407,131 | €461,065 | +€53,934 | +13.2% |
| Equity | 10/15 | €387,255 | €431,891 | +€44,636 | +11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,628 | €164,264 | +€44,636 | +37.3% |
| Distributable reserves | 133 | €119,628 | €164,264 | +€44,636 | +37.3% |
| Profit (loss) carried forward | 14 | €249,027 | €249,027 | = | 0.0% |
| Amounts payable | 17/49 | €19,876 | €29,174 | +€9,298 | +46.8% |
| Amounts payable within one year | 42/48 | €18,786 | €29,174 | +€10,388 | +55.3% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,836 | €13,224 | +€10,388 | +366% |
| Taxes | 450/3 | €2,836 | €13,224 | +€10,388 | +366% |
| Other amounts payable | 47/48 | €15,951 | €15,951 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,090 | €0 | -€1,090 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,189 | €42,449 | +€4,260 | +11.2% |
| Other operating charges | 640/8 | €3,793 | €4,069 | +€276 | +7.3% |
| Gross operating margin | 9900 | €82,598 | €108,340 | +€25,742 | +31.2% |
| Operating profit (loss) | 9901 | €40,616 | €61,822 | +€21,206 | +52.2% |
| Financial income | 75/76B | €1,587 | €2,949 | +€1,362 | +85.8% |
| Recurring financial income | 75 | €1,587 | €2,949 | +€1,362 | +85.8% |
| Financial charges | 65/66B | €1,010 | €1,027 | +€17 | +1.7% |
| Recurring financial charges | 65 | €1,010 | €1,027 | +€17 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €41,193 | €63,744 | +€22,551 | +54.7% |
| Income taxes | 67/77 | €8,312 | €19,108 | +€10,796 | +130% |
| Profit (loss) for the period | 9904 | €32,881 | €44,636 | +€11,755 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,881 | €44,636 | +€11,755 | +35.8% |
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 3 November 2026 via checked.be.