Dr. F. Thiessen: what changed
What changed
Dr. F. Thiessen
NACE 86.220, Specialist medical practice
filed annual accounts (NBB)
Net result for the year
€659,194
2024 · €519,095+€140,098
Equity
€2.4m
2024 · €3.0m-€558,607
Cash
€404,985
2024 · €180,066+€224,919
Balance sheet total
€3.6m
2024 · €4.3m-€651,000
Largest movements
Assets
- Receivables within one year -€858,039
down €858,039 (-78.9%), from €1.1m to €229,788
- Cash +€224,919
up €224,919 (+125%), from €180,066 to €404,985
mainly Receivables within one year (+€858,039) and Net result for the year (+€659,194)
Equity and liabilities
- Reserves -€558,607
down €558,607 (-19.0%), from €2.9m to €2.4m
of which Distributable reserves: -€556,747
- Debts after one year -€159,187
down €159,187 (-14.5%), from €1.1m to €936,490
- Tax, wage and social debts +€67,148
up €67,148 (+111%), from €60,574 to €127,722
of which Taxes: +€69,930
Income statement
- Gross operating margin +€221,381
up €221,381 (+25.9%), from €856,027 to €1.1m
- Taxes +€73,910
up €73,910 (+30.4%), from €242,792 to €316,702
- Other operating charges +€12,054
up €12,054 (+83.9%), from €14,360 to €26,414
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
€519,095
Gross operating margin
+€221,381
Depreciation
-€4,344
Other operating charges
-€12,054
Financial income
+€7,273
Financial charges
+€1,753
Taxes
-€73,910
Result 2025
€659,194
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
+€1.7m
Investment
-€56,063
Financing
-€1.4m
Cash 2024
€180,066
From operations (derived)
+€1.7m
Net result for the year
+€659,194
Depreciation
+€72,593
Receivables within one year
+€858,039
Smaller working-capital items
-€781
Tax, wage and social debts
+€67,148
Investment (derived)
-€56,063
Investment in fixed assets (net)
-€56,063
Financing
-€1.4m
Debts after one year
-€159,187
Current portion of long-term debt
+€1,778
Contributions, distributions and other
-€1.2m
Cash 2025
€404,985
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,280,482 | €3,629,481 | -€651,000 | -15.2% |
| Fixed assets | 21/28 | €3,004,218 | €2,987,689 | -€16,529 | -0.6% |
| Tangible fixed assets | 22/27 | €2,727,529 | €2,711,000 | -€16,529 | -0.6% |
| Land and buildings | 22 | €2,706,275 | €2,685,209 | -€21,066 | -0.8% |
| Plant, machinery and equipment | 23 | €10,377 | €5,765 | -€4,612 | -44.4% |
| Furniture and vehicles | 24 | €10,877 | €20,025 | +€9,149 | +84.1% |
| Financial fixed assets | 28 | €276,689 | €276,689 | = | 0.0% |
| Current assets | 29/58 | €1,276,263 | €641,793 | -€634,471 | -49.7% |
| Amounts receivable within one year | 40/41 | €1,087,826 | €229,788 | -€858,039 | -78.9% |
| Other amounts receivable | 41 | €1,087,826 | €229,788 | -€858,039 | -78.9% |
| Cash at bank and in hand | 54/58 | €180,066 | €404,985 | +€224,919 | +125% |
| Deferred charges and accrued income | 490/1 | €8,372 | €7,020 | -€1,351 | -16.1% |
| Total equity and liabilities | 10/49 | €4,280,482 | €3,629,481 | -€651,000 | -15.2% |
| Equity | 10/15 | €2,960,670 | €2,402,063 | -€558,607 | -18.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,940,550 | €2,381,943 | -€558,607 | -19.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €2,938,690 | €2,381,943 | -€556,747 | -18.9% |
| Profit (loss) carried forward | 14 | €1,520 | €1,520 | = | 0.0% |
| Amounts payable | 17/49 | €1,319,812 | €1,227,419 | -€92,393 | -7.0% |
| Amounts payable after more than one year | 17 | €1,095,677 | €936,490 | -€159,187 | -14.5% |
| Financial debts | 170/4 | €1,095,677 | €936,490 | -€159,187 | -14.5% |
| Amounts payable within one year | 42/48 | €224,135 | €290,929 | +€66,793 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €157,409 | €159,187 | +€1,778 | +1.1% |
| Trade debts | 44 | €4,773 | €2,640 | -€2,133 | -44.7% |
| Suppliers | 440/4 | €4,773 | €2,640 | -€2,133 | -44.7% |
| Taxes, remuneration and social security | 45 | €60,574 | €127,722 | +€67,148 | +111% |
| Taxes | 450/3 | €57,792 | €127,722 | +€69,930 | +121% |
| Remuneration and social security | 454/9 | €2,782 | €0 | -€2,782 | -100% |
| Other amounts payable | 47/48 | €1,380 | €1,380 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,249 | €72,593 | +€4,344 | +6.4% |
| Other operating charges | 640/8 | €14,360 | €26,414 | +€12,054 | +83.9% |
| Gross operating margin | 9900 | €856,027 | €1,077,408 | +€221,381 | +25.9% |
| Operating profit (loss) | 9901 | €773,418 | €978,401 | +€204,983 | +26.5% |
| Financial income | 75/76B | €2,530 | €9,803 | +€7,273 | +287% |
| Recurring financial income | 75 | €2,530 | €9,803 | +€7,273 | +287% |
| Financial charges | 65/66B | €14,061 | €12,308 | -€1,753 | -12.5% |
| Recurring financial charges | 65 | €14,061 | €12,308 | -€1,753 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €761,887 | €975,896 | +€214,009 | +28.1% |
| Income taxes | 67/77 | €242,792 | €316,702 | +€73,910 | +30.4% |
| Profit (loss) for the period | 9904 | €519,095 | €659,194 | +€140,098 | +27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €519,095 | €659,194 | +€140,098 | +27.0% |
Next steps
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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 2 November 2026 via checked.be.