DR. J. MERTENS: what changed
What changed
DR. J. MERTENS
NACE 86.210, General medical practice
filed annual accounts (NBB)
Net result for the year
€198,582
2024 · €109,502+€89,080
Equity
€760,045
2024 · €648,463+€111,582
Cash
€414,153
2024 · €285,748+€128,405
Balance sheet total
€945,801
2024 · €736,887+€208,914
Largest movements
Assets
- Cash +€128,405
up €128,405 (+44.9%), from €285,748 to €414,153
mainly Net result for the year (+€198,582) and Other debts (+€79,066)
- Receivables within one year +€107,414
up €107,414 (+53.3%), from €201,686 to €309,100
- Tangible fixed assets -€26,905
down €26,905 (-11.4%), from €235,326 to €208,421
of which Land and buildings: -€24,978
Equity and liabilities
- Reserves +€111,582
up €111,582 (+18.3%), from €610,263 to €721,845
- Other debts +€79,066
up €79,066 (+384%), from €20,588 to €99,654
- Tax, wage and social debts +€38,400
up €38,400 (+509%), from €7,546 to €45,946
- Debts after one year -€18,830
down €18,830 (-62.1%), from €30,307 to €11,477
Income statement
- Gross operating margin +€96,915
up €96,915 (+40.7%), from €237,856 to €334,772
- Taxes +€8,898
up €8,898 (+10.7%), from €83,005 to €91,902
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
€109,502
Gross operating margin
+€96,915
Depreciation
+€531
Other operating charges
-€40
Other operating items
-€350
Financial income
+€16
Financial charges
+€905
Taxes
-€8,898
Result 2025
€198,582
raises the resultlowers the resultnot broken down further in the accounts
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
+€243,620
Investment
-€9,743
Financing
-€105,473
Cash 2024
€285,748
From operations (derived)
+€243,620
Net result for the year
+€198,582
Depreciation
+€36,648
Receivables within one year
-€107,414
Trade debts
-€1,661
Tax, wage and social debts
+€38,400
Other debts
+€79,066
Investment (derived)
-€9,743
Investment in fixed assets (net)
-€9,743
Financing
-€105,473
Debts after one year
-€18,830
Current portion of long-term debt
+€357
Contributions, distributions and other
-€87,000
Cash 2025
€414,153
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €736,887 | €945,801 | +€208,914 | +28.4% |
| Fixed assets | 21/28 | €235,326 | €208,421 | -€26,905 | -11.4% |
| Tangible fixed assets | 22/27 | €235,326 | €208,421 | -€26,905 | -11.4% |
| Land and buildings | 22 | €222,800 | €197,822 | -€24,978 | -11.2% |
| Plant, machinery and equipment | 23 | €3,828 | €4,320 | +€492 | +12.9% |
| Furniture and vehicles | 24 | €8,698 | €6,280 | -€2,419 | -27.8% |
| Current assets | 29/58 | €501,561 | €737,380 | +€235,819 | +47.0% |
| Amounts receivable within one year | 40/41 | €201,686 | €309,100 | +€107,414 | +53.3% |
| Other amounts receivable | 41 | €201,686 | €309,100 | +€107,414 | +53.3% |
| Current investments | 50/53 | €14,127 | €14,127 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €285,748 | €414,153 | +€128,405 | +44.9% |
| Total equity and liabilities | 10/49 | €736,887 | €945,801 | +€208,914 | +28.4% |
| Equity | 10/15 | €648,463 | €760,045 | +€111,582 | +17.2% |
| Contributions | 10/11 | €38,200 | €38,200 | = | 0.0% |
| Reserves | 13 | €610,263 | €721,845 | +€111,582 | +18.3% |
| Distributable reserves | 133 | €610,263 | €721,845 | +€111,582 | +18.3% |
| Amounts payable | 17/49 | €88,425 | €185,757 | +€97,332 | +110% |
| Amounts payable after more than one year | 17 | €30,307 | €11,477 | -€18,830 | -62.1% |
| Financial debts | 170/4 | €30,307 | €11,477 | -€18,830 | -62.1% |
| Amounts payable within one year | 42/48 | €58,118 | €174,279 | +€116,162 | +200% |
| Current portion of amounts payable after more than one year | 42 | €18,401 | €18,758 | +€357 | +1.9% |
| Trade debts | 44 | €11,582 | €9,922 | -€1,661 | -14.3% |
| Suppliers | 440/4 | €11,582 | €9,922 | -€1,661 | -14.3% |
| Taxes, remuneration and social security | 45 | €7,546 | €45,946 | +€38,400 | +509% |
| Taxes | 450/3 | €7,546 | €45,946 | +€38,400 | +509% |
| Other amounts payable | 47/48 | €20,588 | €99,654 | +€79,066 | +384% |
| Non-recurring operating income | 76A | €3,367 | €6,000 | +€2,633 | +78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,179 | €36,648 | -€531 | -1.4% |
| Other operating charges | 640/8 | €5,002 | €5,042 | +€40 | +0.8% |
| Non-recurring operating charges | 66A | €150 | €500 | +€350 | +233% |
| Gross operating margin | 9900 | €237,856 | €334,772 | +€96,915 | +40.7% |
| Operating profit (loss) | 9901 | €195,525 | €292,582 | +€97,057 | +49.6% |
| Financial income | 75/76B | €18 | €34 | +€16 | +87.4% |
| Recurring financial income | 75 | €18 | €34 | +€16 | +87.4% |
| Financial charges | 65/66B | €3,037 | €2,132 | -€905 | -29.8% |
| Recurring financial charges | 65 | €3,037 | €2,132 | -€905 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €192,506 | €290,485 | +€97,978 | +50.9% |
| Income taxes | 67/77 | €83,005 | €91,902 | +€8,898 | +10.7% |
| Profit (loss) for the period | 9904 | €109,502 | €198,582 | +€89,080 | +81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €109,502 | €198,582 | +€89,080 | +81.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.