DR. STEFAN ORIS: 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. STEFAN ORIS
NACE 86.220, Specialist medical practice
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€334,063
2024 · €237,855+€96,207
Equity
€2.1m
2024 · €1.8m+€233,772
Cash
€158,421
2024 · €153,724+€4,697
Balance sheet total
€2.4m
2024 · €2.2m+€170,053
Largest movements
Assets
- Current investments +€179,898
up €179,898 (+13.8%), from €1.3m to €1.5m
- Tangible fixed assets -€41,004
down €41,004 (-5.7%), from €713,433 to €672,429
of which Land and buildings: -€38,759
- Deferred charges and accrued income +€26,482
up €26,482 (+85.2%), from €31,065 to €57,547
Equity and liabilities
- Reserves +€233,772
up €233,772 (+12.8%), from €1.8m to €2.1m
Income statement
- Gross operating margin +€68,634
up €68,634 (+17.2%), from €398,149 to €466,783
- Financial income +€60,663
up €60,663 (+15,881%), from €382 to €61,045
- Taxes +€27,476
up €27,476 (+25.5%), from €107,869 to €135,345
- Financial charges +€5,205
up €5,205 (+116%), from €4,484 to €9,689
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
€237,855
Gross operating margin
+€68,634
Staff costs
-€1,462
Other operating charges
+€1,053
Financial income
+€60,663
Financial charges
-€5,205
Taxes
-€27,476
Result 2025
€334,063
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
+€312,466
Investment
-€179,898
Financing
-€127,871
Cash 2024
€153,724
From operations (derived)
+€312,466
Net result for the year
+€334,063
Depreciation
+€41,004
Smaller working-capital items
-€525
Deferred charges and accrued income
-€26,482
Trade debts
-€5,866
Tax, wage and social debts
-€9,489
Other debts
-€20,239
Investment (derived)
-€179,898
Current investments
-€179,898
Financing
-€127,871
Debts after one year
-€20,686
Current portion of long-term debt
-€6,895
Contributions, distributions and other
-€100,290
Cash 2025
€158,421
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,198,367 | €2,368,420 | +€170,053 | +7.7% |
| Fixed assets | 21/28 | €713,433 | €672,429 | -€41,004 | -5.7% |
| Tangible fixed assets | 22/27 | €713,433 | €672,429 | -€41,004 | -5.7% |
| Land and buildings | 22 | €707,172 | €668,413 | -€38,759 | -5.5% |
| Plant, machinery and equipment | 23 | €2,621 | €1,612 | -€1,009 | -38.5% |
| Furniture and vehicles | 24 | €3,641 | €2,405 | -€1,236 | -34.0% |
| Current assets | 29/58 | €1,484,934 | €1,695,991 | +€211,057 | +14.2% |
| Amounts receivable within one year | 40/41 | €145 | €125 | -€19 | -13.5% |
| Trade receivables | 40 | €145 | €125 | -€19 | -13.5% |
| Current investments | 50/53 | €1,300,000 | €1,479,898 | +€179,898 | +13.8% |
| Cash at bank and in hand | 54/58 | €153,724 | €158,421 | +€4,697 | +3.1% |
| Deferred charges and accrued income | 490/1 | €31,065 | €57,547 | +€26,482 | +85.2% |
| Total equity and liabilities | 10/49 | €2,198,367 | €2,368,420 | +€170,053 | +7.7% |
| Equity | 10/15 | €1,846,368 | €2,080,140 | +€233,772 | +12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,827,768 | €2,061,540 | +€233,772 | +12.8% |
| Distributable reserves | 133 | €1,827,768 | €2,061,540 | +€233,772 | +12.8% |
| Amounts payable | 17/49 | €351,999 | €288,280 | -€63,719 | -18.1% |
| Amounts payable after more than one year | 17 | €20,686 | - | -€20,686 | |
| Financial debts | 170/4 | €20,686 | - | -€20,686 | |
| Amounts payable within one year | 42/48 | €330,585 | €288,097 | -€42,489 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €33,641 | €26,746 | -€6,895 | -20.5% |
| Trade debts | 44 | €8,032 | €2,167 | -€5,866 | -73.0% |
| Suppliers | 440/4 | €8,032 | €2,167 | -€5,866 | -73.0% |
| Taxes, remuneration and social security | 45 | €27,960 | €18,472 | -€9,489 | -33.9% |
| Taxes | 450/3 | €27,869 | €17,789 | -€10,080 | -36.2% |
| Remuneration and social security | 454/9 | €91 | €683 | +€591 | +647% |
| Other amounts payable | 47/48 | €260,951 | €240,712 | -€20,239 | -7.8% |
| Accrued charges and deferred income | 492/3 | €728 | €183 | -€545 | -74.8% |
| Non-recurring operating income | 76A | €12,266 | - | -€12,266 | |
| Remuneration, social security and pensions | 62 | €3,089 | €4,551 | +€1,462 | +47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,004 | €41,004 | = | 0.0% |
| Other operating charges | 640/8 | €4,230 | €3,177 | -€1,053 | -24.9% |
| Gross operating margin | 9900 | €398,149 | €466,783 | +€68,634 | +17.2% |
| Operating profit (loss) | 9901 | €349,826 | €418,052 | +€68,225 | +19.5% |
| Financial income | 75/76B | €382 | €61,045 | +€60,663 | +15,881% |
| Recurring financial income | 75 | €382 | €61,045 | +€60,663 | +15,881% |
| Financial charges | 65/66B | €4,484 | €9,689 | +€5,205 | +116% |
| Recurring financial charges | 65 | €4,484 | €9,689 | +€5,205 | +116% |
| Profit (loss) for the period before taxes | 9903 | €345,724 | €469,408 | +€123,684 | +35.8% |
| Income taxes | 67/77 | €107,869 | €135,345 | +€27,476 | +25.5% |
| Profit (loss) for the period | 9904 | €237,855 | €334,063 | +€96,207 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €237,855 | €334,063 | +€96,207 | +40.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.