Dr. Jacques STRUM, oftalmoloog: 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. Jacques STRUM, oftalmoloog
Largest movements
- Cash +€17,897
up €17,897 (+54.8%), from €32,655 to €50,552
mainly Depreciation (+€15,866) and Net result for the year (+€10,313)
- Tangible fixed assets -€10,556
down €10,556 (-24.4%), from €43,245 to €32,689
of which Plant, machinery and equipment: -€10,156
- Receivables within one year -€3,876
down €3,876 (-26.7%), from €14,531 to €10,656
- Reserves +€10,313
up €10,313 (+29.9%), from €34,497 to €44,810
- Other debts -€6,282
down €6,282 (-15.2%), from €41,322 to €35,040
- Gross operating margin +€17,120
up €17,120 (+89.8%), from €19,062 to €36,182
- Taxes +€6,028
up €6,028, from -€1,537 to €4,492
- Other operating charges +€1,392
up €1,392 (+35.4%), from €3,928 to €5,320
- Depreciation +€830
up €830 (+5.5%), from €15,035 to €15,866
- Financial charges -€575
down €575 (-60.2%), from €955 to €380
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 | €98,544 | €101,694 | +€3,150 | +3.2% |
| Fixed assets | 21/28 | €46,887 | €36,045 | -€10,842 | -23.1% |
| Intangible fixed assets | 21 | €783 | €496 | -€286 | -36.6% |
| Tangible fixed assets | 22/27 | €43,245 | €32,689 | -€10,556 | -24.4% |
| Land and buildings | 22 | €1,124 | €646 | -€478 | -42.5% |
| Plant, machinery and equipment | 23 | €40,840 | €30,683 | -€10,156 | -24.9% |
| Furniture and vehicles | 24 | €1,280 | €1,359 | +€79 | +6.2% |
| Financial fixed assets | 28 | €2,860 | €2,860 | = | 0.0% |
| Current assets | 29/58 | €51,657 | €65,649 | +€13,992 | +27.1% |
| Amounts receivable within one year | 40/41 | €14,531 | €10,656 | -€3,876 | -26.7% |
| Other amounts receivable | 41 | €14,531 | €10,656 | -€3,876 | -26.7% |
| Cash at bank and in hand | 54/58 | €32,655 | €50,552 | +€17,897 | +54.8% |
| Deferred charges and accrued income | 490/1 | €4,470 | €4,441 | -€29 | -0.6% |
| Total equity and liabilities | 10/49 | €98,544 | €101,694 | +€3,150 | +3.2% |
| Equity | 10/15 | €53,097 | €63,410 | +€10,313 | +19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,497 | €44,810 | +€10,313 | +29.9% |
| Distributable reserves | 133 | €34,497 | €44,810 | +€10,313 | +29.9% |
| Amounts payable | 17/49 | €45,447 | €38,284 | -€7,163 | -15.8% |
| Amounts payable within one year | 42/48 | €44,947 | €38,284 | -€6,663 | -14.8% |
| Trade debts | 44 | - | €562 | +€562 | |
| Suppliers | 440/4 | - | €562 | +€562 | |
| Taxes, remuneration and social security | 45 | €3,625 | €2,681 | -€944 | -26.0% |
| Taxes | 450/3 | €3,625 | €2,681 | -€944 | -26.0% |
| Other amounts payable | 47/48 | €41,322 | €35,040 | -€6,282 | -15.2% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,035 | €15,866 | +€830 | +5.5% |
| Other operating charges | 640/8 | €3,928 | €5,320 | +€1,392 | +35.4% |
| Gross operating margin | 9900 | €19,062 | €36,182 | +€17,120 | +89.8% |
| Operating profit (loss) | 9901 | €99 | €14,997 | +€14,898 | +15,035% |
| Financial income | 75/76B | €69 | €189 | +€120 | +174% |
| Recurring financial income | 75 | €69 | €189 | +€120 | +174% |
| Financial charges | 65/66B | €955 | €380 | -€575 | -60.2% |
| Recurring financial charges | 65 | €955 | €380 | -€575 | -60.2% |
| Profit (loss) for the period before taxes | 9903 | -€787 | €14,805 | +€15,592 | |
| Income taxes | 67/77 | -€1,537 | €4,492 | +€6,028 | |
| Profit (loss) for the period | 9904 | €750 | €10,313 | +€9,564 | +1,276% |
| Profit (loss) for the period to be appropriated | 9905 | €750 | €10,313 | +€9,564 | +1,276% |
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 1 November 2026 via checked.be.