Dr. RVA SHEORAJPANDAY: 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.
What changed
Dr. RVA SHEORAJPANDAY
NACE 86.220, Specialist medical practice
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€224,661
2024 · €226,343-€1,682
Equity
€1.7m
2024 · €1.7m+€59,234
Cash
€300,106
2024 · €278,711+€21,396
Balance sheet total
€2.8m
2024 · €2.8m-€704
Largest movements
Assets
- Current investments -€300,000
down €300,000 (-50.0%), from €600,343 to €300,343
- Receivables after one year +€233,221
up €233,221 (+45.7%), from €510,138 to €743,358
- Tangible fixed assets +€41,452
up €41,452 (+3.0%), from €1.4m to €1.4m
of which Land and buildings: +€47,015
Equity and liabilities
- Debts after one year -€109,819
down €109,819 (-11.4%), from €961,680 to €851,861
- Reserves +€77,234
up €77,234 (+6.9%), from €1.1m to €1.2m
of which Distributable reserves: +€77,234
- Other debts +€59,075
up €59,075 (+631%), from €9,366 to €68,441
- Tax, wage and social debts -€43,104
down €43,104 (-46.8%), from €92,051 to €48,946
of which Taxes: -€43,387
- Short-term financial debts +€35,000
new in 2025: €35,000
Income statement
- Depreciation +€8,742
up €8,742 (+11.8%), from €74,052 to €82,794
- Taxes -€6,167
down €6,167 (-5.7%), from €107,725 to €101,558
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.
Result 2024
€226,343
Gross operating margin
+€2,077
Staff costs
-€899
Depreciation
-€8,742
Other operating charges
+€337
Financial income
+€2,805
Financial charges
-€3,427
Taxes
+€6,167
Result 2025
€224,661
raises the resultlowers the result
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.
From operations
+€85,729
Investment
+€175,754
Financing
-€240,087
Cash 2024
€278,711
From operations (derived)
+€85,729
Net result for the year
+€224,661
Depreciation
+€82,794
Receivables after one year
-€233,221
Receivables within one year
-€4,422
Deferred charges and accrued income
+€1,195
Trade debts
-€2,124
Tax, wage and social debts
-€43,104
Advances received
+€875
Other debts
+€59,075
Investment (derived)
+€175,754
Investment in fixed assets (net)
-€124,246
Current investments
+€300,000
Financing
-€240,087
Debts after one year
-€109,819
Current portion of long-term debt
+€160
Short-term financial debts
+€35,000
Contributions, distributions and other
-€165,428
Cash 2025
€300,106
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,830,885 | €2,830,182 | -€704 | 0.0% |
| Fixed assets | 21/28 | €1,426,943 | €1,468,396 | +€41,452 | +2.9% |
| Tangible fixed assets | 22/27 | €1,396,808 | €1,438,261 | +€41,452 | +3.0% |
| Land and buildings | 22 | €1,377,249 | €1,424,265 | +€47,015 | +3.4% |
| Plant, machinery and equipment | 23 | €10,340 | €8,572 | -€1,767 | -17.1% |
| Furniture and vehicles | 24 | €9,220 | €5,424 | -€3,796 | -41.2% |
| Financial fixed assets | 28 | €30,135 | €30,135 | = | 0.0% |
| Current assets | 29/58 | €1,403,942 | €1,361,786 | -€42,156 | -3.0% |
| Amounts receivable after more than one year | 29 | €510,138 | €743,358 | +€233,221 | +45.7% |
| Other amounts receivable | 291 | €510,138 | €743,358 | +€233,221 | +45.7% |
| Amounts receivable within one year | 40/41 | €11,577 | €15,999 | +€4,422 | +38.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €11,577 | €15,999 | +€4,422 | +38.2% |
| Current investments | 50/53 | €600,343 | €300,343 | -€300,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €278,711 | €300,106 | +€21,396 | +7.7% |
| Deferred charges and accrued income | 490/1 | €3,174 | €1,979 | -€1,195 | -37.6% |
| Total equity and liabilities | 10/49 | €2,830,885 | €2,830,182 | -€704 | 0.0% |
| Equity | 10/15 | €1,652,826 | €1,712,059 | +€59,234 | +3.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,121,701 | €1,198,935 | +€77,234 | +6.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,119,841 | €1,197,075 | +€77,234 | +6.9% |
| Profit (loss) carried forward | 14 | €518,725 | €500,725 | -€18,000 | -3.5% |
| Amounts payable | 17/49 | €1,178,060 | €1,118,122 | -€59,937 | -5.1% |
| Amounts payable after more than one year | 17 | €961,680 | €851,861 | -€109,819 | -11.4% |
| Financial debts | 170/4 | €961,680 | €851,861 | -€109,819 | -11.4% |
| Amounts payable within one year | 42/48 | €216,379 | €266,261 | +€49,881 | +23.1% |
| Current portion of amounts payable after more than one year | 42 | €109,659 | €109,819 | +€160 | +0.1% |
| Financial debts | 43 | - | €35,000 | +€35,000 | |
| Credit institutions | 430/8 | - | €35,000 | +€35,000 | |
| Trade debts | 44 | €5,304 | €3,180 | -€2,124 | -40.0% |
| Suppliers | 440/4 | €5,304 | €3,180 | -€2,124 | -40.0% |
| Advances received on contracts in progress | 46 | - | €875 | +€875 | |
| Taxes, remuneration and social security | 45 | €92,051 | €48,946 | -€43,104 | -46.8% |
| Taxes | 450/3 | €80,764 | €37,377 | -€43,387 | -53.7% |
| Remuneration and social security | 454/9 | €11,287 | €11,569 | +€283 | +2.5% |
| Other amounts payable | 47/48 | €9,366 | €68,441 | +€59,075 | +631% |
| Remuneration, social security and pensions | 62 | €76,941 | €77,840 | +€899 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,052 | €82,794 | +€8,742 | +11.8% |
| Other operating charges | 640/8 | €9,106 | €8,769 | -€337 | -3.7% |
| Gross operating margin | 9900 | €477,238 | €479,315 | +€2,077 | +0.4% |
| Operating profit (loss) | 9901 | €317,139 | €309,913 | -€7,226 | -2.3% |
| Financial income | 75/76B | €29,130 | €31,936 | +€2,805 | +9.6% |
| Recurring financial income | 75 | €29,130 | €31,936 | +€2,805 | +9.6% |
| Financial charges | 65/66B | €12,202 | €15,629 | +€3,427 | +28.1% |
| Recurring financial charges | 65 | €12,202 | €15,629 | +€3,427 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €334,068 | €326,220 | -€7,848 | -2.3% |
| Income taxes | 67/77 | €107,725 | €101,558 | -€6,167 | -5.7% |
| Profit (loss) for the period | 9904 | €226,343 | €224,661 | -€1,682 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €226,343 | €224,661 | -€1,682 | -0.7% |
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 23 October 2026 via checked.be.