Dr. Wouter Hubrechts: what changed
What changed
Dr. Wouter Hubrechts
NACE 86.210, General medical practice
filed annual accounts (NBB)
Net result for the year
€107,427
2024 · €108,560-€1,133
Equity
€219,294
2024 · €112,701+€106,594
Cash
€180,903
2024 · €122,492+€58,410
Balance sheet total
€253,734
2024 · €147,985+€105,749
Largest movements
Assets
- Cash +€58,410
up €58,410 (+47.7%), from €122,492 to €180,903
mainly Net result for the year (+€107,427) and Depreciation (+€3,607)
- Deferred charges and accrued income +€23,173
up €23,173 (+151%), from €15,377 to €38,550
- Current investments +€21,799
new in 2025: €21,799
Equity and liabilities
- Reserves +€106,594
up €106,594 (+99.0%), from €107,701 to €214,294
Income statement
- Depreciation -€1,691
down €1,691 (-31.9%), from €5,298 to €3,607
- Financial charges +€1,607
up €1,607 (+187%), from €862 to €2,469
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
€108,560
Gross operating margin
-€1,110
Staff costs
+€500
Depreciation
+€1,691
Other operating charges
-€340
Financial income
+€316
Financial charges
-€1,607
Taxes
-€583
Result 2025
€107,427
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
+€84,524
Investment
-€25,281
Financing
-€833
Cash 2024
€122,492
From operations (derived)
+€84,524
Net result for the year
+€107,427
Depreciation
+€3,607
Receivables within one year
-€2,491
Deferred charges and accrued income
-€23,173
Trade debts
-€280
Tax, wage and social debts
-€539
Other debts
-€26
Investment (derived)
-€25,281
Investment in fixed assets (net)
-€3,482
Current investments
-€21,799
Financing
-€833
Contributions, distributions and other
-€833
Cash 2025
€180,903
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,985 | €253,734 | +€105,749 | +71.5% |
| Fixed assets | 21/28 | €8,550 | €8,426 | -€125 | -1.5% |
| Tangible fixed assets | 22/27 | €8,550 | €8,426 | -€125 | -1.5% |
| Plant, machinery and equipment | 23 | €973 | €430 | -€543 | -55.8% |
| Furniture and vehicles | 24 | €7,578 | €7,996 | +€418 | +5.5% |
| Current assets | 29/58 | €139,435 | €245,309 | +€105,874 | +75.9% |
| Amounts receivable within one year | 40/41 | €1,565 | €4,056 | +€2,491 | +159% |
| Other amounts receivable | 41 | €1,565 | €4,056 | +€2,491 | +159% |
| Current investments | 50/53 | - | €21,799 | +€21,799 | |
| Cash at bank and in hand | 54/58 | €122,492 | €180,903 | +€58,410 | +47.7% |
| Deferred charges and accrued income | 490/1 | €15,377 | €38,550 | +€23,173 | +151% |
| Total equity and liabilities | 10/49 | €147,985 | €253,734 | +€105,749 | +71.5% |
| Equity | 10/15 | €112,701 | €219,294 | +€106,594 | +94.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €107,701 | €214,294 | +€106,594 | +99.0% |
| Distributable reserves | 133 | €107,701 | €214,294 | +€106,594 | +99.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,284 | €34,440 | -€845 | -2.4% |
| Amounts payable within one year | 42/48 | €35,284 | €34,440 | -€845 | -2.4% |
| Trade debts | 44 | €1,988 | €1,708 | -€280 | -14.1% |
| Suppliers | 440/4 | €1,988 | €1,708 | -€280 | -14.1% |
| Taxes, remuneration and social security | 45 | €32,437 | €31,898 | -€539 | -1.7% |
| Taxes | 450/3 | €32,437 | €31,898 | -€539 | -1.7% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Remuneration, social security and pensions | 62 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,298 | €3,607 | -€1,691 | -31.9% |
| Other operating charges | 640/8 | - | €340 | +€340 | |
| Gross operating margin | 9900 | €146,419 | €145,309 | -€1,110 | -0.8% |
| Operating profit (loss) | 9901 | €140,622 | €141,363 | +€741 | +0.5% |
| Financial income | 75/76B | €237 | €553 | +€316 | +134% |
| Recurring financial income | 75 | €237 | €553 | +€316 | +134% |
| Financial charges | 65/66B | €862 | €2,469 | +€1,607 | +187% |
| Recurring financial charges | 65 | €862 | €2,469 | +€1,607 | +187% |
| Profit (loss) for the period before taxes | 9903 | €139,997 | €139,447 | -€550 | -0.4% |
| Income taxes | 67/77 | €31,437 | €32,020 | +€583 | +1.9% |
| Profit (loss) for the period | 9904 | €108,560 | €107,427 | -€1,133 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €108,560 | €107,427 | -€1,133 | -1.0% |
Next steps
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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 3 November 2026 via checked.be.