DR.MAES - DR.RYCKAERT: what changed
What changed
DR.MAES - DR.RYCKAERT
NACE 86.220, Specialist medical practice
filed annual accounts (NBB)
Net result for the year
€118,522
2024 · €119,983-€1,461
Equity
€842,520
2024 · €798,999+€43,522
Cash
€279,664
2024 · €265,508+€14,156
Balance sheet total
€2.1m
2024 · €1.9m+€134,635
Largest movements
Assets
- Current investments +€245,536
up €245,536 (+31.6%), from €775,924 to €1.0m
- Receivables within one year -€58,726
down €58,726 (-40.4%), from €145,442 to €86,716
of which Trade receivables: -€64,326
- Tangible fixed assets -€34,194
down €34,194 (-5.4%), from €627,766 to €593,572
of which Land and buildings: -€26,153
- Deferred charges and accrued income -€32,137
down €32,137 (-27.5%), from €116,994 to €84,856
Equity and liabilities
- Other debts +€75,810
up €75,810 (+6.9%), from €1.1m to €1.2m
- Reserves +€43,000
up €43,000 (+7.1%), from €604,732 to €647,732
of which Distributable reserves: +€43,000
Income statement
- Gross operating margin -€23,065
down €23,065 (-9.8%), from €236,183 to €213,118
- Financial income +€18,031
up €18,031 (+220%), from €8,207 to €26,238
- Taxes -€3,352
down €3,352 (-6.0%), from €55,515 to €52,163
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
€119,983
Gross operating margin
-€23,065
Depreciation
-€155
Other operating charges
-€116
Financial income
+€18,031
Financial charges
+€491
Taxes
+€3,352
Result 2025
€118,522
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
+€339,584
Investment
-€250,428
Financing
-€75,000
Cash 2024
€265,508
From operations (derived)
+€339,584
Net result for the year
+€118,522
Depreciation
+€39,086
Receivables within one year
+€58,726
Deferred charges and accrued income
+€32,137
Trade debts
+€3,522
Tax, wage and social debts
+€12,300
Other debts
+€75,810
Accrued charges and deferred income
-€519
Investment (derived)
-€250,428
Investment in fixed assets (net)
-€4,892
Current investments
-€245,536
Financing
-€75,000
Contributions, distributions and other
-€75,000
Cash 2025
€279,664
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,936,098 | €2,070,733 | +€134,635 | +7.0% |
| Fixed assets | 21/28 | €632,230 | €598,036 | -€34,194 | -5.4% |
| Tangible fixed assets | 22/27 | €627,766 | €593,572 | -€34,194 | -5.4% |
| Land and buildings | 22 | €585,622 | €559,469 | -€26,153 | -4.5% |
| Plant, machinery and equipment | 23 | €3,483 | €6,825 | +€3,343 | +96.0% |
| Furniture and vehicles | 24 | €38,662 | €27,278 | -€11,384 | -29.4% |
| Financial fixed assets | 28 | €4,464 | €4,464 | = | 0.0% |
| Current assets | 29/58 | €1,303,868 | €1,472,697 | +€168,829 | +12.9% |
| Amounts receivable within one year | 40/41 | €145,442 | €86,716 | -€58,726 | -40.4% |
| Trade receivables | 40 | €142,274 | €77,948 | -€64,326 | -45.2% |
| Other amounts receivable | 41 | €3,168 | €8,768 | +€5,600 | +177% |
| Current investments | 50/53 | €775,924 | €1,021,460 | +€245,536 | +31.6% |
| Cash at bank and in hand | 54/58 | €265,508 | €279,664 | +€14,156 | +5.3% |
| Deferred charges and accrued income | 490/1 | €116,994 | €84,856 | -€32,137 | -27.5% |
| Total equity and liabilities | 10/49 | €1,936,098 | €2,070,733 | +€134,635 | +7.0% |
| Equity | 10/15 | €798,999 | €842,520 | +€43,522 | +5.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €604,732 | €647,732 | +€43,000 | +7.1% |
| Tax-exempt reserves | 132 | €26,832 | €26,832 | = | 0.0% |
| Distributable reserves | 133 | €577,900 | €620,900 | +€43,000 | +7.4% |
| Profit (loss) carried forward | 14 | €144,267 | €144,788 | +€522 | +0.4% |
| Amounts payable | 17/49 | €1,137,100 | €1,228,213 | +€91,113 | +8.0% |
| Amounts payable within one year | 42/48 | €1,111,699 | €1,203,331 | +€91,632 | +8.2% |
| Trade debts | 44 | €3,985 | €7,508 | +€3,522 | +88.4% |
| Suppliers | 440/4 | €3,985 | €7,508 | +€3,522 | +88.4% |
| Taxes, remuneration and social security | 45 | €13,150 | €25,450 | +€12,300 | +93.5% |
| Taxes | 450/3 | €13,150 | €25,450 | +€12,300 | +93.5% |
| Other amounts payable | 47/48 | €1,094,564 | €1,170,373 | +€75,810 | +6.9% |
| Accrued charges and deferred income | 492/3 | €25,401 | €24,882 | -€519 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,931 | €39,086 | +€155 | +0.4% |
| Other operating charges | 640/8 | €4,005 | €4,121 | +€116 | +2.9% |
| Gross operating margin | 9900 | €236,183 | €213,118 | -€23,065 | -9.8% |
| Operating profit (loss) | 9901 | €193,247 | €169,911 | -€23,336 | -12.1% |
| Financial income | 75/76B | €8,207 | €26,238 | +€18,031 | +220% |
| Recurring financial income | 75 | €8,207 | €26,238 | +€18,031 | +220% |
| Financial charges | 65/66B | €25,956 | €25,464 | -€491 | -1.9% |
| Recurring financial charges | 65 | €25,956 | €25,464 | -€491 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €175,499 | €170,685 | -€4,813 | -2.7% |
| Income taxes | 67/77 | €55,515 | €52,163 | -€3,352 | -6.0% |
| Profit (loss) for the period | 9904 | €119,983 | €118,522 | -€1,461 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €119,983 | €118,522 | -€1,461 | -1.2% |
Next steps
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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 2 November 2026 via checked.be.