DR.E.DE LAERE: what changed
Two fiscal 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.
What changed
DR.E.DE LAERE
NACE 86.210, General medical practice
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€333,097
2024 · €263,410+€69,686
Equity
€1.8m
2024 · €1.5m+€268,097
Cash
€276,906
2024 · €276,802+€104
Balance sheet total
€2.0m
2024 · €1.8m+€209,135
Largest movements
Assets
- Current investments +€216,864
up €216,864 (+19.5%), from €1.1m to €1.3m
Equity and liabilities
- Reserves +€268,097
up €268,097 (+18.1%), from €1.5m to €1.7m
of which Distributable reserves: +€367,032
- Debts after one year -€27,000
down €27,000 (-14.3%), from €189,000 to €162,000
- Tax, wage and social debts -€23,168
down €23,168 (-28.5%), from €81,171 to €58,003
Income statement
- Gross operating margin +€104,769
up €104,769 (+24.4%), from €429,880 to €534,649
- Taxes +€46,851
up €46,851 (+35.6%), from €131,728 to €178,579
- Other operating charges -€9,603
down €9,603 (-69.5%), from €13,827 to €4,224
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.
Result 2024
€263,410
Gross operating margin
+€104,769
Depreciation
-€74
Other operating charges
+€9,603
Financial income
-€2,851
Financial charges
+€5,091
Taxes
-€46,851
Result 2025
€333,097
Cash bridge derived
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.
From operations
+€311,220
Investment
-€219,002
Financing
-€92,114
Cash 2024
€276,802
From operations (derived)
+€311,220
Net result for the year
+€333,097
Depreciation
+€13,275
Receivables after one year
+€1,000
Smaller working-capital items
+€1,102
Deferred charges and accrued income
-€5,080
Trade debts
-€4,500
Tax, wage and social debts
-€23,168
Other debts
-€4,507
Investment (derived)
-€219,002
Investment in fixed assets (net)
-€2,138
Current investments
-€216,864
Financing
-€92,114
Debts after one year
-€27,000
Current portion of long-term debt
-€114
Contributions, distributions and other
-€65,000
Cash 2025
€276,906
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,825,104 | €2,034,240 | +€209,135 | +11.5% |
| Fixed assets | 21/28 | €359,544 | €348,407 | -€11,137 | -3.1% |
| Tangible fixed assets | 22/27 | €359,544 | €348,407 | -€11,137 | -3.1% |
| Land and buildings | 22 | €342,144 | €333,973 | -€8,171 | -2.4% |
| Plant, machinery and equipment | 23 | €774 | €369 | -€405 | -52.3% |
| Furniture and vehicles | 24 | €14,612 | €12,611 | -€2,001 | -13.7% |
| Other tangible fixed assets | 26 | €2,014 | €1,454 | -€560 | -27.8% |
| Current assets | 29/58 | €1,465,560 | €1,685,832 | +€220,272 | +15.0% |
| Amounts receivable after more than one year | 29 | €4,667 | €3,667 | -€1,000 | -21.4% |
| Other amounts receivable | 291 | €4,667 | €3,667 | -€1,000 | -21.4% |
| Amounts receivable within one year | 40/41 | €71,388 | €70,613 | -€776 | -1.1% |
| Trade receivables | 40 | €71,388 | €70,311 | -€1,077 | -1.5% |
| Other amounts receivable | 41 | - | €301 | +€301 | |
| Current investments | 50/53 | €1,110,573 | €1,327,437 | +€216,864 | +19.5% |
| Cash at bank and in hand | 54/58 | €276,802 | €276,906 | +€104 | 0.0% |
| Deferred charges and accrued income | 490/1 | €2,129 | €7,209 | +€5,080 | +238.6% |
| Total equity and liabilities | 10/49 | €1,825,104 | €2,034,240 | +€209,135 | +11.5% |
| Equity | 10/15 | €1,490,897 | €1,758,994 | +€268,097 | +18.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,478,497 | €1,746,594 | +€268,097 | +18.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €385,671 | €286,736 | -€98,935 | -25.7% |
| Distributable reserves | 133 | €1,090,966 | €1,457,998 | +€367,032 | +33.6% |
| Amounts payable | 17/49 | €334,207 | €275,246 | -€58,962 | -17.6% |
| Amounts payable after more than one year | 17 | €189,000 | €162,000 | -€27,000 | -14.3% |
| Financial debts | 170/4 | €189,000 | €162,000 | -€27,000 | -14.3% |
| Amounts payable within one year | 42/48 | €144,957 | €112,669 | -€32,288 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €54,050 | €53,936 | -€114 | -0.2% |
| Trade debts | 44 | €5,229 | €730 | -€4,500 | -86.0% |
| Suppliers | 440/4 | €5,229 | €730 | -€4,500 | -86.0% |
| Taxes, remuneration and social security | 45 | €81,171 | €58,003 | -€23,168 | -28.5% |
| Taxes | 450/3 | €81,171 | €58,003 | -€23,168 | -28.5% |
| Other amounts payable | 47/48 | €4,507 | - | -€4,507 | |
| Accrued charges and deferred income | 492/3 | €250 | €577 | +€327 | +130.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,201 | €13,275 | +€74 | +0.6% |
| Other operating charges | 640/8 | €13,827 | €4,224 | -€9,603 | -69.5% |
| Gross operating margin | 9900 | €429,880 | €534,649 | +€104,769 | +24.4% |
| Operating profit (loss) | 9901 | €402,852 | €517,150 | +€114,298 | +28.4% |
| Financial income | 75/76B | €8,838 | €5,987 | -€2,851 | -32.3% |
| Recurring financial income | 75 | €8,838 | €5,987 | -€2,851 | -32.3% |
| Financial charges | 65/66B | €16,552 | €11,461 | -€5,091 | -30.8% |
| Recurring financial charges | 65 | €16,552 | €11,461 | -€5,091 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €395,138 | €511,676 | +€116,538 | +29.5% |
| Income taxes | 67/77 | €131,728 | €178,579 | +€46,851 | +35.6% |
| Profit (loss) for the period | 9904 | €263,410 | €333,097 | +€69,686 | +26.5% |
| Transfer from tax-exempt reserves | 789 | €63,150 | €267,335 | +€204,185 | +323.3% |
| Transfer to tax-exempt reserves | 689 | €117,880 | €168,400 | +€50,520 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €208,680 | €432,032 | +€223,351 | +107.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.