Dr. M. Bauters: what changed
What changed
Dr. M. Bauters
NACE 86.220, Specialist medical practice
filed annual accounts (NBB)
Net result for the year
€246,055
2024 · €306,692-€60,637
Equity
€21,055
2024 · €987,174-€966,120
Cash
€183,431
2024 · €714,404-€530,973
Balance sheet total
€414,937
2024 · €1.0m-€585,104
Largest movements
Assets
- Cash -€530,973
down €530,973 (-74.3%), from €714,404 to €183,431
mainly Contributions, distributions and other (-€1.2m) and Investment in fixed assets (net) (-€35,420)
- Receivables within one year -€77,381
down €77,381 (-65.7%), from €117,705 to €40,324
of which Trade receivables: -€62,312
- Deferred charges and accrued income +€22,398
up €22,398 (+230%), from €9,758 to €32,156
Equity and liabilities
- Reserves -€966,120
down €966,120 (-98.4%), from €982,174 to €16,055
- Other debts +€380,112
up €380,112, from €0 to €380,112
Income statement
- Gross operating margin -€42,142
down €42,142 (-10.5%), from €401,328 to €359,187
- Depreciation +€28,470
up €28,470 (+467%), from €6,098 to €34,568
- Taxes -€20,297
down €20,297 (-20.8%), from €97,603 to €77,305
- Financial income -€11,244
down €11,244 (-99.9%), from €11,252 to €8
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
€306,692
Gross operating margin
-€42,142
Depreciation
-€28,470
Other operating charges
+€1,179
Other operating items
+€115
Financial income
-€11,244
Financial charges
-€373
Taxes
+€20,297
Result 2025
€246,055
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
+€714,315
Investment
-€35,420
Financing
-€1.2m
Cash 2024
€714,404
From operations (derived)
+€714,315
Net result for the year
+€246,055
Depreciation
+€34,568
Receivables within one year
+€77,381
Deferred charges and accrued income
-€22,398
Smaller working-capital items
-€1,403
Other debts
+€380,112
Investment (derived)
-€35,420
Investment in fixed assets (net)
-€35,420
Financing
-€1.2m
Short-term financial debts
+€2,307
Contributions, distributions and other
-€1.2m
Cash 2025
€183,431
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,000,041 | €414,937 | -€585,104 | -58.5% |
| Fixed assets | 21/28 | €158,174 | €159,027 | +€852 | +0.5% |
| Tangible fixed assets | 22/27 | €158,174 | €159,027 | +€852 | +0.5% |
| Furniture and vehicles | 24 | €158,174 | €159,027 | +€852 | +0.5% |
| Current assets | 29/58 | €841,867 | €255,911 | -€585,956 | -69.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €117,705 | €40,324 | -€77,381 | -65.7% |
| Trade receivables | 40 | €74,674 | €12,361 | -€62,312 | -83.4% |
| Other amounts receivable | 41 | €43,031 | €27,962 | -€15,069 | -35.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €714,404 | €183,431 | -€530,973 | -74.3% |
| Deferred charges and accrued income | 490/1 | €9,758 | €32,156 | +€22,398 | +230% |
| Total equity and liabilities | 10/49 | €1,000,041 | €414,937 | -€585,104 | -58.5% |
| Equity | 10/15 | €987,174 | €21,055 | -€966,120 | -97.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €982,174 | €16,055 | -€966,120 | -98.4% |
| Distributable reserves | 133 | €982,174 | €16,055 | -€966,120 | -98.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,866 | €393,883 | +€381,016 | +2,961% |
| Amounts payable within one year | 42/48 | €8,885 | €389,878 | +€380,993 | +4,288% |
| Financial debts | 43 | €542 | €2,849 | +€2,307 | +425% |
| Credit institutions | 430/8 | €542 | €2,849 | +€2,307 | +425% |
| Trade debts | 44 | €5,680 | €6,916 | +€1,237 | +21.8% |
| Suppliers | 440/4 | €5,680 | €6,916 | +€1,237 | +21.8% |
| Taxes, remuneration and social security | 45 | €2,663 | €0 | -€2,663 | -100% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €2,663 | €0 | -€2,663 | -100% |
| Other amounts payable | 47/48 | €0 | €380,112 | +€380,112 | |
| Accrued charges and deferred income | 492/3 | €3,981 | €4,005 | +€24 | +0.6% |
| Non-recurring operating income | 76A | - | €33,100 | +€33,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,098 | €34,568 | +€28,470 | +467% |
| Other operating charges | 640/8 | €1,920 | €741 | -€1,179 | -61.4% |
| Non-recurring operating charges | 66A | €115 | €0 | -€115 | -100% |
| Gross operating margin | 9900 | €401,328 | €359,187 | -€42,142 | -10.5% |
| Operating profit (loss) | 9901 | €393,195 | €323,878 | -€69,318 | -17.6% |
| Financial income | 75/76B | €11,252 | €8 | -€11,244 | -99.9% |
| Recurring financial income | 75 | €11,252 | €8 | -€11,244 | -99.9% |
| Financial charges | 65/66B | €153 | €526 | +€373 | +244% |
| Recurring financial charges | 65 | €153 | €526 | +€373 | +244% |
| Profit (loss) for the period before taxes | 9903 | €404,295 | €323,360 | -€80,935 | -20.0% |
| Income taxes | 67/77 | €97,603 | €77,305 | -€20,297 | -20.8% |
| Profit (loss) for the period | 9904 | €306,692 | €246,055 | -€60,637 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €306,692 | €246,055 | -€60,637 | -19.8% |
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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 7 November 2026 via checked.be.