DR. L. VANDER STICHELE: what changed
What changed
DR. L. VANDER STICHELE
NACE 86.210, General medical practice
filed annual accounts (NBB)
Net result for the year
€96,084
2024 · €50,117+€45,966
Equity
€147,368
2024 · €51,284+€96,084
Cash
€161,400
2024 · €54,675+€106,724
Balance sheet total
€195,036
2024 · €108,866+€86,170
Largest movements
Assets
- Cash +€106,724
up €106,724 (+195%), from €54,675 to €161,400
mainly Net result for the year (+€96,084) and Current investments (+€25,000)
- Current investments -€25,000
down €25,000 (-100%), from €25,000 to €0
- Deferred charges and accrued income +€7,454
up €7,454 (+1,062%), from €702 to €8,156
- Tangible fixed assets -€3,047
down €3,047 (-10.7%), from €28,456 to €25,409
of which Furniture and vehicles: -€7,947
Equity and liabilities
- Reserves +€96,084
up €96,084 (+195%), from €49,284 to €145,368
- Debts after one year -€8,097
down €8,097 (-38.8%), from €20,882 to €12,784
Income statement
- Gross operating margin +€50,532
up €50,532 (+61.4%), from €82,319 to €132,852
- Taxes +€13,789
up €13,789 (+100%), from €13,763 to €27,551
- Depreciation -€6,882
down €6,882 (-45.5%), from €15,118 to €8,235
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
€50,117
Gross operating margin
+€50,532
Depreciation
+€6,882
Other operating charges
+€399
Financial income
+€647
Financial charges
+€1,294
Taxes
-€13,789
Result 2025
€96,084
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
+€94,686
Investment
+€19,811
Financing
-€7,773
Cash 2024
€54,675
From operations (derived)
+€94,686
Net result for the year
+€96,084
Depreciation
+€8,235
Smaller working-capital items
-€294
Deferred charges and accrued income
-€7,454
Tax, wage and social debts
-€1,011
Accrued charges and deferred income
-€873
Investment (derived)
+€19,811
Investment in fixed assets (net)
-€5,189
Current investments
+€25,000
Financing
-€7,773
Debts after one year
-€8,097
Current portion of long-term debt
+€324
Cash 2025
€161,400
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,866 | €195,036 | +€86,170 | +79.2% |
| Fixed assets | 21/28 | €28,456 | €25,409 | -€3,047 | -10.7% |
| Tangible fixed assets | 22/27 | €28,456 | €25,409 | -€3,047 | -10.7% |
| Plant, machinery and equipment | 23 | - | €4,900 | +€4,900 | |
| Furniture and vehicles | 24 | €28,456 | €20,509 | -€7,947 | -27.9% |
| Current assets | 29/58 | €80,409 | €169,626 | +€89,217 | +111% |
| Amounts receivable within one year | 40/41 | €32 | €70 | +€38 | +119% |
| Trade receivables | 40 | €32 | €70 | +€38 | +119% |
| Current investments | 50/53 | €25,000 | €0 | -€25,000 | -100% |
| Cash at bank and in hand | 54/58 | €54,675 | €161,400 | +€106,724 | +195% |
| Deferred charges and accrued income | 490/1 | €702 | €8,156 | +€7,454 | +1,062% |
| Total equity and liabilities | 10/49 | €108,866 | €195,036 | +€86,170 | +79.2% |
| Equity | 10/15 | €51,284 | €147,368 | +€96,084 | +187% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €49,284 | €145,368 | +€96,084 | +195% |
| Distributable reserves | 133 | €49,284 | €145,368 | +€96,084 | +195% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €57,581 | €47,667 | -€9,914 | -17.2% |
| Amounts payable after more than one year | 17 | €20,882 | €12,784 | -€8,097 | -38.8% |
| Financial debts | 170/4 | €20,882 | €12,784 | -€8,097 | -38.8% |
| Amounts payable within one year | 42/48 | €34,282 | €33,339 | -€943 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €7,773 | €8,097 | +€324 | +4.2% |
| Trade debts | 44 | €2,114 | €2,055 | -€59 | -2.8% |
| Suppliers | 440/4 | €2,114 | €2,055 | -€59 | -2.8% |
| Taxes, remuneration and social security | 45 | €13,763 | €12,751 | -€1,011 | -7.3% |
| Taxes | 450/3 | €13,763 | €12,751 | -€1,011 | -7.3% |
| Other amounts payable | 47/48 | €10,633 | €10,435 | -€198 | -1.9% |
| Accrued charges and deferred income | 492/3 | €2,418 | €1,544 | -€873 | -36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,118 | €8,235 | -€6,882 | -45.5% |
| Other operating charges | 640/8 | €858 | €459 | -€399 | -46.5% |
| Gross operating margin | 9900 | €82,319 | €132,852 | +€50,532 | +61.4% |
| Operating profit (loss) | 9901 | €66,343 | €124,157 | +€57,814 | +87.1% |
| Financial income | 75/76B | €0 | €647 | +€647 | +2,157,100% |
| Recurring financial income | 75 | €0 | €647 | +€647 | +2,157,100% |
| Financial charges | 65/66B | €2,463 | €1,169 | -€1,294 | -52.5% |
| Recurring financial charges | 65 | €2,463 | €1,169 | -€1,294 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €63,880 | €123,635 | +€59,755 | +93.5% |
| Income taxes | 67/77 | €13,763 | €27,551 | +€13,789 | +100% |
| Profit (loss) for the period | 9904 | €50,117 | €96,084 | +€45,966 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,117 | €96,084 | +€45,966 | +91.7% |
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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 2 November 2026 via checked.be.