DR. STEFAAN DE SUTTER: what changed
What changed
DR. STEFAAN DE SUTTER
NACE 86.210, General medical practice
filed annual accounts (NBB)
Net result for the year
€323,053
2024 · €306,136+€16,917
Equity
€1.5m
2024 · €1.2m+€207,858
Cash
€378,980
2024 · €299,871+€79,109
Balance sheet total
€1.7m
2024 · €1.6m+€108,227
Largest movements
Assets
- Receivables within one year +€187,285
up €187,285 (+184%), from €101,513 to €288,797
of which Other amounts receivable: +€187,285
- Receivables after one year -€120,000
down €120,000 (-15.0%), from €800,000 to €680,000
- Cash +€79,109
up €79,109 (+26.4%), from €299,871 to €378,980
mainly Net result for the year (+€323,053) and Receivables after one year (+€120,000)
- Tangible fixed assets -€42,096
down €42,096 (-10.5%), from €400,451 to €358,355
of which Land and buildings: -€34,973
Equity and liabilities
- Reserves +€207,858
up €207,858 (+17.5%), from €1.2m to €1.4m
of which Distributable reserves: +€207,858
- Other debts -€96,070
down €96,070 (-100%), from €96,070 to €0
- Debts after one year -€19,395
down €19,395 (-17.1%), from €113,237 to €93,842
Income statement
- Gross operating margin +€28,190
up €28,190 (+5.6%), from €504,021 to €532,211
- Taxes +€17,879
up €17,879 (+12.4%), from €144,425 to €162,304
- Depreciation -€5,521
down €5,521 (-8.9%), from €61,945 to €56,424
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
€306,136
Gross operating margin
+€28,190
Depreciation
+€5,521
Other operating charges
-€92
Financial income
+€163
Financial charges
+€1,015
Taxes
-€17,879
Result 2025
€323,053
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
+€222,647
Investment
-€14,328
Financing
-€129,210
Cash 2024
€299,871
From operations (derived)
+€222,647
Net result for the year
+€323,053
Depreciation
+€56,424
Receivables after one year
+€120,000
Receivables within one year
-€187,285
Deferred charges and accrued income
-€3,929
Trade debts
-€2,904
Tax, wage and social debts
+€11,857
Other debts
-€96,070
Accrued charges and deferred income
+€1,500
Investment (derived)
-€14,328
Investment in fixed assets (net)
-€14,328
Financing
-€129,210
Debts after one year
-€19,395
Current portion of long-term debt
+€332
Short-term financial debts
+€5,049
Contributions, distributions and other
-€115,196
Cash 2025
€378,980
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,619,402 | €1,727,629 | +€108,227 | +6.7% |
| Fixed assets | 21/28 | €400,451 | €358,355 | -€42,096 | -10.5% |
| Tangible fixed assets | 22/27 | €400,451 | €358,355 | -€42,096 | -10.5% |
| Land and buildings | 22 | €340,171 | €305,197 | -€34,973 | -10.3% |
| Plant, machinery and equipment | 23 | €3,303 | €2,698 | -€606 | -18.3% |
| Furniture and vehicles | 24 | €42,798 | €29,707 | -€13,091 | -30.6% |
| Other tangible fixed assets | 26 | €14,179 | €20,752 | +€6,573 | +46.4% |
| Current assets | 29/58 | €1,218,951 | €1,369,274 | +€150,323 | +12.3% |
| Amounts receivable after more than one year | 29 | €800,000 | €680,000 | -€120,000 | -15.0% |
| Other amounts receivable | 291 | €800,000 | €680,000 | -€120,000 | -15.0% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €101,513 | €288,797 | +€187,285 | +184% |
| Trade receivables | 40 | €1,513 | €1,513 | = | 0.0% |
| Other amounts receivable | 41 | €100,000 | €287,285 | +€187,285 | +187% |
| Cash at bank and in hand | 54/58 | €299,871 | €378,980 | +€79,109 | +26.4% |
| Deferred charges and accrued income | 490/1 | €17,068 | €20,997 | +€3,929 | +23.0% |
| Total equity and liabilities | 10/49 | €1,619,402 | €1,727,629 | +€108,227 | +6.7% |
| Equity | 10/15 | €1,249,951 | €1,457,808 | +€207,858 | +16.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,187,951 | €1,395,808 | +€207,858 | +17.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Own shares acquired | 1312 | €0 | - | = | |
| Tax-exempt reserves | 132 | €41,207 | €41,207 | = | 0.0% |
| Distributable reserves | 133 | €1,146,743 | €1,354,601 | +€207,858 | +18.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €369,451 | €269,821 | -€99,630 | -27.0% |
| Amounts payable after more than one year | 17 | €113,237 | €93,842 | -€19,395 | -17.1% |
| Financial debts | 170/4 | €113,237 | €93,842 | -€19,395 | -17.1% |
| Amounts payable within one year | 42/48 | €256,213 | €174,478 | -€81,735 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €17,346 | €17,678 | +€332 | +1.9% |
| Financial debts | 43 | €38,355 | €43,404 | +€5,049 | +13.2% |
| Credit institutions | 430/8 | €38,355 | €43,404 | +€5,049 | +13.2% |
| Trade debts | 44 | €7,614 | €4,710 | -€2,904 | -38.1% |
| Suppliers | 440/4 | €7,614 | €4,710 | -€2,904 | -38.1% |
| Taxes, remuneration and social security | 45 | €96,829 | €108,686 | +€11,857 | +12.2% |
| Taxes | 450/3 | €96,829 | €108,686 | +€11,857 | +12.2% |
| Other amounts payable | 47/48 | €96,070 | €0 | -€96,070 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €1,500 | +€1,500 | |
| Non-recurring operating income | 76A | €3,618 | €0 | -€3,618 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,945 | €56,424 | -€5,521 | -8.9% |
| Other operating charges | 640/8 | €3,710 | €3,802 | +€92 | +2.5% |
| Gross operating margin | 9900 | €504,021 | €532,211 | +€28,190 | +5.6% |
| Operating profit (loss) | 9901 | €438,367 | €471,985 | +€33,618 | +7.7% |
| Financial income | 75/76B | €16,173 | €16,337 | +€163 | +1.0% |
| Recurring financial income | 75 | €16,173 | €16,337 | +€163 | +1.0% |
| Financial charges | 65/66B | €3,978 | €2,964 | -€1,015 | -25.5% |
| Recurring financial charges | 65 | €3,978 | €2,964 | -€1,015 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €450,561 | €485,357 | +€34,796 | +7.7% |
| Income taxes | 67/77 | €144,425 | €162,304 | +€17,879 | +12.4% |
| Profit (loss) for the period | 9904 | €306,136 | €323,053 | +€16,917 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €306,136 | €323,053 | +€16,917 | +5.5% |
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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 1 November 2026 via checked.be.