DR. E. VAN AELST, ANESTHESIST: 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.
DR. E. VAN AELST, ANESTHESIST
Largest movements
- Cash +€79,833
up €79,833 (+28.0%), from €284,987 to €364,820
mainly Net result for the year (+€161,523) and Investment in fixed assets (net) (+€40,166)
- Tangible fixed assets -€61,556
down €61,556 (-18.9%), from €325,028 to €263,472
of which Land and buildings: -€48,231
- Receivables within one year +€40,006
up €40,006 (+32.2%), from €124,277 to €164,282
- Reserves +€56,602
up €56,602 (+5.6%), from €1.0m to €1.1m
of which Distributable reserves: +€56,602
- Gross operating margin -€380,688
down €380,688 (-57.0%), from €667,823 to €287,135
- Taxes -€133,077
down €133,077 (-65.6%), from €202,828 to €69,751
- Financial charges -€7,267
down €7,267 (-86.8%), from €8,372 to €1,105
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 | €1,097,946 | €1,161,289 | +€63,343 | +5.8% |
| Fixed assets | 21/28 | €325,208 | €263,652 | -€61,556 | -18.9% |
| Tangible fixed assets | 22/27 | €325,028 | €263,472 | -€61,556 | -18.9% |
| Land and buildings | 22 | €220,731 | €172,500 | -€48,231 | -21.9% |
| Plant, machinery and equipment | 23 | €18,253 | €13,136 | -€5,117 | -28.0% |
| Furniture and vehicles | 24 | €56,877 | €43,841 | -€13,036 | -22.9% |
| Other tangible fixed assets | 26 | €29,167 | €33,995 | +€4,828 | +16.6% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €772,738 | €897,637 | +€124,898 | +16.2% |
| Amounts receivable after more than one year | 29 | €350,000 | €350,000 | = | 0.0% |
| Other amounts receivable | 291 | €350,000 | €350,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €124,277 | €164,282 | +€40,006 | +32.2% |
| Other amounts receivable | 41 | €124,277 | €164,282 | +€40,006 | +32.2% |
| Cash at bank and in hand | 54/58 | €284,987 | €364,820 | +€79,833 | +28.0% |
| Deferred charges and accrued income | 490/1 | €13,475 | €18,535 | +€5,060 | +37.5% |
| Total equity and liabilities | 10/49 | €1,097,946 | €1,161,289 | +€63,343 | +5.8% |
| Equity | 10/15 | €1,031,912 | €1,088,514 | +€56,602 | +5.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,019,512 | €1,076,114 | +€56,602 | +5.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,019,512 | €1,076,114 | +€56,602 | +5.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €66,034 | €72,775 | +€6,741 | +10.2% |
| Amounts payable within one year | 42/48 | €65,009 | €70,992 | +€5,983 | +9.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,149 | €935 | -€4,214 | -81.8% |
| Suppliers | 440/4 | €5,149 | €935 | -€4,214 | -81.8% |
| Taxes, remuneration and social security | 45 | €59,860 | €70,057 | +€10,197 | +17.0% |
| Taxes | 450/3 | €52,260 | €70,057 | +€17,797 | +34.1% |
| Remuneration and social security | 454/9 | €7,600 | €0 | -€7,600 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,025 | €1,783 | +€758 | +74.0% |
| Non-recurring operating income | 76A | €423,696 | €0 | -€423,696 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,087 | €21,390 | +€6,303 | +41.8% |
| Other operating charges | 640/8 | €3,671 | €3,054 | -€617 | -16.8% |
| Non-recurring operating charges | 66A | - | €48,231 | +€48,231 | |
| Gross operating margin | 9900 | €667,823 | €287,135 | -€380,688 | -57.0% |
| Operating profit (loss) | 9901 | €649,064 | €214,460 | -€434,605 | -67.0% |
| Financial income | 75/76B | €12,811 | €17,919 | +€5,108 | +39.9% |
| Recurring financial income | 75 | €12,811 | €17,919 | +€5,108 | +39.9% |
| Financial charges | 65/66B | €8,372 | €1,105 | -€7,267 | -86.8% |
| Recurring financial charges | 65 | €8,372 | €1,105 | -€7,267 | -86.8% |
| Profit (loss) for the period before taxes | 9903 | €653,504 | €231,274 | -€422,230 | -64.6% |
| Income taxes | 67/77 | €202,828 | €69,751 | -€133,077 | -65.6% |
| Profit (loss) for the period | 9904 | €450,676 | €161,523 | -€289,152 | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €450,676 | €161,523 | -€289,152 | -64.2% |
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 31 October 2026 via checked.be.