Dr. Frederic Baekelandt: what changed
What changed
Dr. Frederic Baekelandt
NACE 86.220, Specialist medical practice
filed annual accounts (NBB)
Net result for the year
€400,646
2024 · €354,465+€46,181
Equity
€84,582
2024 · €83,936+€646
Cash
€376,953
2024 · €232,465+€144,488
Balance sheet total
€497,702
2024 · €335,099+€162,603
Largest movements
Assets
- Cash +€144,488
up €144,488 (+62.2%), from €232,465 to €376,953
mainly Net result for the year (+€400,646) and Other debts (+€100,355)
- Tangible fixed assets +€12,754
up €12,754 (+48.5%), from €26,275 to €39,029
of which Land and buildings: +€13,640
- Receivables within one year +€8,960
new in 2025: €8,960
- Intangible fixed assets -€7,500
down €7,500 (-25.0%), from €30,000 to €22,500
Equity and liabilities
- Other debts +€100,355
up €100,355 (+41.9%), from €239,645 to €340,000
- Tax, wage and social debts +€66,199
up €66,199 (+956%), from €6,922 to €73,120
Income statement
- Gross operating margin +€62,121
up €62,121 (+12.8%), from €485,055 to €547,176
- Taxes +€16,199
up €16,199 (+14.5%), from €111,922 to €128,120
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
€354,465
Gross operating margin
+€62,121
Depreciation
-€1,618
Other operating charges
+€383
Financial income
+€34
Financial charges
+€1,459
Taxes
-€16,199
Result 2025
€400,646
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
+€570,016
Investment
-€21,639
Financing
-€403,890
Cash 2024
€232,465
From operations (derived)
+€570,016
Net result for the year
+€400,646
Depreciation
+€16,385
Receivables within one year
-€8,960
Deferred charges and accrued income
-€3,901
Trade debts
-€706
Tax, wage and social debts
+€66,199
Other debts
+€100,355
Investment (derived)
-€21,639
Investment in fixed assets (net)
-€21,639
Financing
-€403,890
Current portion of long-term debt
-€3,890
Contributions, distributions and other
-€400,000
Cash 2025
€376,953
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €335,099 | €497,702 | +€162,603 | +48.5% |
| Fixed assets | 21/28 | €58,150 | €63,404 | +€5,254 | +9.0% |
| Intangible fixed assets | 21 | €30,000 | €22,500 | -€7,500 | -25.0% |
| Tangible fixed assets | 22/27 | €26,275 | €39,029 | +€12,754 | +48.5% |
| Land and buildings | 22 | €20,359 | €33,998 | +€13,640 | +67.0% |
| Furniture and vehicles | 24 | €5,916 | €5,030 | -€886 | -15.0% |
| Financial fixed assets | 28 | €1,875 | €1,875 | = | 0.0% |
| Current assets | 29/58 | €276,948 | €434,298 | +€157,350 | +56.8% |
| Amounts receivable within one year | 40/41 | - | €8,960 | +€8,960 | |
| Other amounts receivable | 41 | - | €8,960 | +€8,960 | |
| Cash at bank and in hand | 54/58 | €232,465 | €376,953 | +€144,488 | +62.2% |
| Deferred charges and accrued income | 490/1 | €44,483 | €48,384 | +€3,901 | +8.8% |
| Total equity and liabilities | 10/49 | €335,099 | €497,702 | +€162,603 | +48.5% |
| Equity | 10/15 | €83,936 | €84,582 | +€646 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,336 | €65,982 | +€646 | +1.0% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Distributable reserves | 133 | €2,186 | €2,832 | +€646 | +29.6% |
| Amounts payable | 17/49 | €251,163 | €413,120 | +€161,957 | +64.5% |
| Amounts payable within one year | 42/48 | €251,163 | €413,120 | +€161,957 | +64.5% |
| Current portion of amounts payable after more than one year | 42 | €3,890 | - | -€3,890 | |
| Trade debts | 44 | €706 | - | -€706 | |
| Suppliers | 440/4 | €706 | - | -€706 | |
| Taxes, remuneration and social security | 45 | €6,922 | €73,120 | +€66,199 | +956% |
| Taxes | 450/3 | €6,922 | €73,120 | +€66,199 | +956% |
| Other amounts payable | 47/48 | €239,645 | €340,000 | +€100,355 | +41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,767 | €16,385 | +€1,618 | +11.0% |
| Other operating charges | 640/8 | €577 | €194 | -€383 | -66.4% |
| Gross operating margin | 9900 | €485,055 | €547,176 | +€62,121 | +12.8% |
| Operating profit (loss) | 9901 | €469,711 | €530,597 | +€60,886 | +13.0% |
| Financial income | 75/76B | €1,062 | €1,095 | +€34 | +3.2% |
| Recurring financial income | 75 | €383 | €1,095 | +€712 | +186% |
| Non-recurring financial income | 76B | €678 | - | -€678 | |
| Financial charges | 65/66B | €4,386 | €2,926 | -€1,459 | -33.3% |
| Recurring financial charges | 65 | €4,386 | €2,926 | -€1,459 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €466,387 | €528,766 | +€62,380 | +13.4% |
| Income taxes | 67/77 | €111,922 | €128,120 | +€16,199 | +14.5% |
| Profit (loss) for the period | 9904 | €354,465 | €400,646 | +€46,181 | +13.0% |
| Transfer to tax-exempt reserves | 689 | €63,150 | - | -€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €291,315 | €400,646 | +€109,331 | +37.5% |
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 1 November 2026 via checked.be.