Dr. L. Kubasiewicz: what changed
What changed
Dr. L. Kubasiewicz
NACE 86.220, Specialist medical practice
filed annual accounts (NBB)
Net result for the year
€238,604
2024 · €214,999+€23,605
Equity
€1.4m
2024 · €1.4m-€11,791
Cash
€316,208
2024 · €345,909-€29,701
Balance sheet total
€1.4m
2024 · €1.4m+€12,615
Largest movements
Assets
- Receivables after one year +€237,875
new in 2025: €237,875
- Deferred charges and accrued income -€158,392
down €158,392 (-58.4%), from €271,378 to €112,986
- Tangible fixed assets -€41,550
down €41,550 (-13.4%), from €311,186 to €269,636
of which Other tangible fixed assets: -€37,677
- Cash -€29,701
down €29,701 (-8.6%), from €345,909 to €316,208
mainly Contributions, distributions and other (-€250,395) and Receivables after one year (-€237,875)
Equity and liabilities
- Tax, wage and social debts +€24,050
up €24,050 (+167%), from €14,402 to €38,452
Income statement
- Gross operating margin +€34,698
up €34,698 (+9.8%), from €353,320 to €388,017
- Taxes +€11,530
up €11,530 (+12.2%), from €94,402 to €105,932
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
€214,999
Gross operating margin
+€34,698
Depreciation
-€233
Other operating charges
+€105
Financial income
-€15
Financial charges
+€580
Taxes
-€11,530
Result 2025
€238,604
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
+€219,944
Investment
+€750
Financing
-€250,395
Cash 2024
€345,909
From operations (derived)
+€219,944
Net result for the year
+€238,604
Depreciation
+€41,550
Receivables after one year
-€237,875
Receivables within one year
-€5,133
Deferred charges and accrued income
+€158,392
Trade debts
+€356
Tax, wage and social debts
+€24,050
Investment (derived)
+€750
Investment in fixed assets (net)
+€750
Financing
-€250,395
Contributions, distributions and other
-€250,395
Cash 2025
€316,208
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,404,862 | €1,417,478 | +€12,615 | +0.9% |
| Fixed assets | 21/28 | €311,936 | €269,636 | -€42,300 | -13.6% |
| Tangible fixed assets | 22/27 | €311,186 | €269,636 | -€41,550 | -13.4% |
| Plant, machinery and equipment | 23 | €7,625 | €6,117 | -€1,508 | -19.8% |
| Furniture and vehicles | 24 | €12,320 | €9,956 | -€2,364 | -19.2% |
| Other tangible fixed assets | 26 | €291,241 | €253,564 | -€37,677 | -12.9% |
| Financial fixed assets | 28 | €750 | - | -€750 | |
| Current assets | 29/58 | €1,092,926 | €1,147,841 | +€54,915 | +5.0% |
| Amounts receivable after more than one year | 29 | - | €237,875 | +€237,875 | |
| Other amounts receivable | 291 | - | €237,875 | +€237,875 | |
| Amounts receivable within one year | 40/41 | €31,185 | €36,318 | +€5,133 | +16.5% |
| Other amounts receivable | 41 | €31,185 | €36,318 | +€5,133 | +16.5% |
| Current investments | 50/53 | €444,455 | €444,455 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €345,909 | €316,208 | -€29,701 | -8.6% |
| Deferred charges and accrued income | 490/1 | €271,378 | €112,986 | -€158,392 | -58.4% |
| Total equity and liabilities | 10/49 | €1,404,862 | €1,417,478 | +€12,615 | +0.9% |
| Equity | 10/15 | €1,387,159 | €1,375,369 | -€11,791 | -0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,368,754 | €1,356,963 | -€11,791 | -0.9% |
| Tax-exempt reserves | 132 | €2,245 | €2,245 | = | 0.0% |
| Distributable reserves | 133 | €1,366,509 | €1,354,719 | -€11,791 | -0.9% |
| Profit (loss) carried forward | 14 | €6,005 | €6,005 | = | 0.0% |
| Amounts payable | 17/49 | €17,703 | €42,109 | +€24,406 | +138% |
| Amounts payable within one year | 42/48 | €17,703 | €42,109 | +€24,406 | +138% |
| Trade debts | 44 | €3,301 | €3,657 | +€356 | +10.8% |
| Suppliers | 440/4 | €3,301 | €3,657 | +€356 | +10.8% |
| Taxes, remuneration and social security | 45 | €14,402 | €38,452 | +€24,050 | +167% |
| Taxes | 450/3 | €14,402 | €38,452 | +€24,050 | +167% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,317 | €41,550 | +€233 | +0.6% |
| Other operating charges | 640/8 | €1,356 | €1,251 | -€105 | -7.8% |
| Gross operating margin | 9900 | €353,320 | €388,017 | +€34,698 | +9.8% |
| Operating profit (loss) | 9901 | €310,647 | €345,217 | +€34,570 | +11.1% |
| Financial income | 75/76B | €106 | €90 | -€15 | -14.6% |
| Recurring financial income | 75 | €106 | €90 | -€15 | -14.6% |
| Financial charges | 65/66B | €1,351 | €771 | -€580 | -42.9% |
| Recurring financial charges | 65 | €1,351 | €771 | -€580 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €309,401 | €344,536 | +€35,135 | +11.4% |
| Income taxes | 67/77 | €94,402 | €105,932 | +€11,530 | +12.2% |
| Profit (loss) for the period | 9904 | €214,999 | €238,604 | +€23,605 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €214,999 | €238,604 | +€23,605 | +11.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 3 November 2026 via checked.be.