DR.S. DE HERTOG: what changed
What changed
DR.S. DE HERTOG
NACE 86.220, Specialist medical practice
filed annual accounts (NBB)
Net result for the year
€135,120
2024 · €143,860-€8,740
Equity
€222,593
2024 · €87,473+€135,120
Cash
€110,272
2024 · €95,483+€14,789
Balance sheet total
€450,064
2024 · €502,324-€52,260
Largest movements
Assets
- Tangible fixed assets -€49,166
down €49,166 (-17.0%), from €288,382 to €239,216
of which Land and buildings: -€34,166
- Current investments -€20,000
down €20,000 (-17.0%), from €117,681 to €97,681
- Cash +€14,789
up €14,789 (+15.5%), from €95,483 to €110,272
mainly Net result for the year (+€135,120) and Depreciation (+€52,409)
Equity and liabilities
- Other debts -€182,733
down €182,733 (-81.3%), from €224,643 to €41,910
- Reserves +€135,120
up €135,120 (+180%), from €75,073 to €210,193
- Debts after one year -€25,963
down €25,963 (-18.5%), from €140,631 to €114,668
- Tax, wage and social debts +€10,885
up €10,885 (+46.4%), from €23,449 to €34,334
- Trade debts +€7,871
up €7,871 (+4,950%), from €159 to €8,030
Income statement
- Taxes +€7,882
up €7,882 (+16.0%), from €49,304 to €57,186
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
€143,860
Gross operating margin
+€223
Depreciation
+€189
Other operating charges
-€499
Financial income
-€1,401
Financial charges
+€630
Taxes
-€7,882
Result 2025
€135,120
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
+€21,831
Investment
+€16,757
Financing
-€23,799
Cash 2024
€95,483
From operations (derived)
+€21,831
Net result for the year
+€135,120
Depreciation
+€52,409
Deferred charges and accrued income
-€2,117
Trade debts
+€7,871
Tax, wage and social debts
+€10,885
Other debts
-€182,733
Accrued charges and deferred income
+€396
Investment (derived)
+€16,757
Investment in fixed assets (net)
-€3,243
Current investments
+€20,000
Financing
-€23,799
Debts after one year
-€25,963
Current portion of long-term debt
+€2,164
Cash 2025
€110,272
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €502,324 | €450,064 | -€52,260 | -10.4% |
| Fixed assets | 21/28 | €288,382 | €239,216 | -€49,166 | -17.0% |
| Tangible fixed assets | 22/27 | €288,382 | €239,216 | -€49,166 | -17.0% |
| Land and buildings | 22 | €231,843 | €197,677 | -€34,166 | -14.7% |
| Plant, machinery and equipment | 23 | €21,667 | €13,170 | -€8,497 | -39.2% |
| Furniture and vehicles | 24 | €21,824 | €18,212 | -€3,612 | -16.6% |
| Other tangible fixed assets | 26 | €13,048 | €10,157 | -€2,891 | -22.2% |
| Current assets | 29/58 | €213,942 | €210,848 | -€3,094 | -1.4% |
| Current investments | 50/53 | €117,681 | €97,681 | -€20,000 | -17.0% |
| Cash at bank and in hand | 54/58 | €95,483 | €110,272 | +€14,789 | +15.5% |
| Deferred charges and accrued income | 490/1 | €778 | €2,895 | +€2,117 | +272% |
| Total equity and liabilities | 10/49 | €502,324 | €450,064 | -€52,260 | -10.4% |
| Equity | 10/15 | €87,473 | €222,593 | +€135,120 | +154% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €75,073 | €210,193 | +€135,120 | +180% |
| Distributable reserves | 133 | €75,073 | €210,193 | +€135,120 | +180% |
| Amounts payable | 17/49 | €414,851 | €227,471 | -€187,380 | -45.2% |
| Amounts payable after more than one year | 17 | €140,631 | €114,668 | -€25,963 | -18.5% |
| Financial debts | 170/4 | €140,631 | €114,668 | -€25,963 | -18.5% |
| Amounts payable within one year | 42/48 | €274,213 | €112,400 | -€161,813 | -59.0% |
| Current portion of amounts payable after more than one year | 42 | €25,962 | €28,126 | +€2,164 | +8.3% |
| Trade debts | 44 | €159 | €8,030 | +€7,871 | +4,950% |
| Suppliers | 440/4 | €159 | €8,030 | +€7,871 | +4,950% |
| Taxes, remuneration and social security | 45 | €23,449 | €34,334 | +€10,885 | +46.4% |
| Taxes | 450/3 | €23,449 | €34,334 | +€10,885 | +46.4% |
| Other amounts payable | 47/48 | €224,643 | €41,910 | -€182,733 | -81.3% |
| Accrued charges and deferred income | 492/3 | €7 | €403 | +€396 | +5,657% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,598 | €52,409 | -€189 | -0.4% |
| Other operating charges | 640/8 | €2,920 | €3,419 | +€499 | +17.1% |
| Gross operating margin | 9900 | €251,556 | €251,779 | +€223 | +0.1% |
| Operating profit (loss) | 9901 | €196,038 | €195,951 | -€87 | 0.0% |
| Financial income | 75/76B | €4,292 | €2,891 | -€1,401 | -32.6% |
| Recurring financial income | 75 | €4,292 | €2,891 | -€1,401 | -32.6% |
| Financial charges | 65/66B | €7,166 | €6,536 | -€630 | -8.8% |
| Recurring financial charges | 65 | €7,166 | €6,536 | -€630 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €193,164 | €192,306 | -€858 | -0.4% |
| Income taxes | 67/77 | €49,304 | €57,186 | +€7,882 | +16.0% |
| Profit (loss) for the period | 9904 | €143,860 | €135,120 | -€8,740 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €143,860 | €135,120 | -€8,740 | -6.1% |
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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 4 November 2026 via checked.be.