Kinés LECOCQ & MARQUANT: what changed
What changed
Kinés LECOCQ & MARQUANT
NACE 86.951, Physiotherapy
filed annual accounts (NBB)
Net result for the year
€22,791
2024 · €12,563+€10,228
Equity
€182,596
2024 · €161,905+€20,691
Cash
€277,316
2024 · €198,179+€79,137
Balance sheet total
€286,371
2024 · €260,607+€25,765
Largest movements
Assets
- Cash +€79,137
up €79,137 (+39.9%), from €198,179 to €277,316
mainly Current investments (+€50,000) and Net result for the year (+€22,791)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets -€3,438
down €3,438 (-30.1%), from €11,428 to €7,990
of which Other tangible fixed assets: -€1,982
Equity and liabilities
- Reserves +€20,691
up €20,691 (+22.8%), from €90,765 to €111,455
of which Distributable reserves: +€21,295
- Other debts +€5,515
up €5,515 (+6.2%), from €89,159 to €94,675
Income statement
- Gross operating margin +€11,539
up €11,539 (+37.3%), from €30,898 to €42,437
- Turnover +€10,716
up €10,716 (+8.6%), from €124,187 to €134,903
- Taxes +€5,293
up €5,293 (+94.5%), from €5,599 to €10,892
- Financial charges -€2,526
down €2,526 (-36.6%), from €6,906 to €4,380
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
€12,563
Gross operating margin
+€11,539
Depreciation
+€537
Other operating charges
+€244
Financial income
+€753
Financial charges
+€2,526
Taxes
-€5,293
Deferred taxes and other
-€78
Result 2025
€22,791
raises the resultlowers the resultnot broken down further in the accounts
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
+€34,742
Investment
+€45,987
Financing
-€1,593
Cash 2024
€198,179
From operations (derived)
+€34,742
Net result for the year
+€22,791
Depreciation
+€7,451
Receivables within one year
+€1,000
Deferred charges and accrued income
-€1,066
Provisions
-€151
Trade debts
+€1,890
Tax, wage and social debts
-€2,688
Other debts
+€5,515
Investment (derived)
+€45,987
Investment in fixed assets (net)
-€4,013
Current investments
+€50,000
Financing
-€1,593
Current portion of long-term debt
+€507
Contributions, distributions and other
-€2,100
Cash 2025
€277,316
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €260,607 | €286,371 | +€25,765 | +9.9% |
| Fixed assets | 21/28 | €11,428 | €7,990 | -€3,438 | -30.1% |
| Tangible fixed assets | 22/27 | €11,428 | €7,990 | -€3,438 | -30.1% |
| Land and buildings | 22 | €1,423 | €1,067 | -€356 | -25.0% |
| Plant, machinery and equipment | 23 | €882 | €1,545 | +€663 | +75.1% |
| Furniture and vehicles | 24 | €4,607 | €2,844 | -€1,763 | -38.3% |
| Other tangible fixed assets | 26 | €4,516 | €2,534 | -€1,982 | -43.9% |
| Current assets | 29/58 | €249,179 | €278,381 | +€29,203 | +11.7% |
| Amounts receivable within one year | 40/41 | €1,000 | - | -€1,000 | |
| Other amounts receivable | 41 | €1,000 | - | -€1,000 | |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €198,179 | €277,316 | +€79,137 | +39.9% |
| Deferred charges and accrued income | 490/1 | - | €1,066 | +€1,066 | |
| Total equity and liabilities | 10/49 | €260,607 | €286,371 | +€25,765 | +9.9% |
| Equity | 10/15 | €161,905 | €182,596 | +€20,691 | +12.8% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €90,765 | €111,455 | +€20,691 | +22.8% |
| Tax-exempt reserves | 132 | €1,817 | €1,212 | -€605 | -33.3% |
| Distributable reserves | 133 | €88,948 | €110,244 | +€21,295 | +23.9% |
| Profit (loss) carried forward | 14 | €64,890 | €64,890 | = | 0.0% |
| Provisions and deferred taxes | 16 | €454 | €303 | -€151 | -33.3% |
| Deferred taxes | 168 | €454 | €303 | -€151 | -33.3% |
| Amounts payable | 17/49 | €98,247 | €103,473 | +€5,225 | +5.3% |
| Amounts payable within one year | 42/48 | €98,247 | €103,473 | +€5,225 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | - | €507 | +€507 | |
| Trade debts | 44 | €58 | €1,948 | +€1,890 | +3,258% |
| Suppliers | 440/4 | €58 | €1,948 | +€1,890 | +3,258% |
| Taxes, remuneration and social security | 45 | €9,030 | €6,342 | -€2,688 | -29.8% |
| Taxes | 450/3 | €2,444 | €6,342 | +€3,899 | +160% |
| Remuneration and social security | 454/9 | €6,586 | - | -€6,586 | |
| Other amounts payable | 47/48 | €89,159 | €94,675 | +€5,515 | +6.2% |
| Turnover | 70 | €124,187 | €134,903 | +€10,716 | +8.6% |
| Non-recurring operating income | 76A | €1,800 | - | -€1,800 | |
| Goods, raw materials, services and sundry goods | 60/61 | €94,909 | €94,349 | -€560 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,988 | €7,451 | -€537 | -6.7% |
| Other operating charges | 640/8 | €1,115 | €871 | -€244 | -21.9% |
| Gross operating margin | 9900 | €30,898 | €42,437 | +€11,539 | +37.3% |
| Operating profit (loss) | 9901 | €21,794 | €34,115 | +€12,320 | +56.5% |
| Financial income | 75/76B | €3,044 | €3,797 | +€753 | +24.7% |
| Recurring financial income | 75 | €3,044 | €3,797 | +€753 | +24.7% |
| Financial charges | 65/66B | €6,906 | €4,380 | -€2,526 | -36.6% |
| Recurring financial charges | 65 | €6,906 | €4,380 | -€2,526 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €17,932 | €33,532 | +€15,599 | +87.0% |
| Transfer from deferred taxes | 780 | €229 | €151 | -€78 | -34.1% |
| Income taxes | 67/77 | €5,599 | €10,892 | +€5,293 | +94.5% |
| Profit (loss) for the period | 9904 | €12,563 | €22,791 | +€10,228 | +81.4% |
| Transfer from tax-exempt reserves | 789 | €183 | €605 | +€421 | +230% |
| Profit (loss) for the period to be appropriated | 9905 | €12,746 | €23,395 | +€10,649 | +83.5% |
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 2 November 2026 via checked.be.