Manouk Lauwers: what changed
What changed
Manouk Lauwers
NACE 86.210, General medical practice
filed annual accounts (NBB)
Net result for the year
€36,009
2024 · €23,279+€12,730
Equity
€43,595
2024 · €67,585-€23,991
Cash
€68,654
2024 · €69,531-€878
Balance sheet total
€110,820
2024 · €107,423+€3,397
Largest movements
Assets
- Tangible fixed assets +€7,859
up €7,859 (+247%), from €3,176 to €11,035
of which Furniture and vehicles: +€8,406
- Receivables within one year -€3,911
no longer reported in 2025 (was €3,911)
Equity and liabilities
- Other debts +€45,348
new in 2025: €45,348
- Reserves -€23,991
down €23,991 (-36.6%), from €65,585 to €41,595
- Tax, wage and social debts -€9,673
down €9,673 (-56.5%), from €17,111 to €7,439
- Debts after one year -€8,750
down €8,750 (-66.7%), from €13,125 to €4,375
Income statement
- Gross operating margin +€16,818
up €16,818 (+47.7%), from €35,247 to €52,065
- Taxes +€3,774
up €3,774 (+53.0%), from €7,116 to €10,890
- Other operating charges +€680
up €680 (+115%), from €593 to €1,273
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
€23,279
Gross operating margin
+€16,818
Depreciation
-€268
Other operating charges
-€680
Other operating items
+€1,083
Financial income
-€214
Financial charges
-€234
Taxes
-€3,774
Result 2025
€36,009
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
+€77,769
Investment
-€9,897
Financing
-€68,750
Cash 2024
€69,531
From operations (derived)
+€77,769
Net result for the year
+€36,009
Depreciation
+€2,038
Receivables within one year
+€3,911
Deferred charges and accrued income
-€326
Trade debts
+€465
Tax, wage and social debts
-€9,673
Other debts
+€45,348
Accrued charges and deferred income
-€3
Investment (derived)
-€9,897
Investment in fixed assets (net)
-€9,897
Financing
-€68,750
Debts after one year
-€8,750
Contributions, distributions and other
-€60,000
Cash 2025
€68,654
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,423 | €110,820 | +€3,397 | +3.2% |
| Fixed assets | 21/28 | €3,176 | €11,035 | +€7,859 | +247% |
| Tangible fixed assets | 22/27 | €3,176 | €11,035 | +€7,859 | +247% |
| Plant, machinery and equipment | 23 | €1,361 | €814 | -€547 | -40.2% |
| Furniture and vehicles | 24 | €1,816 | €10,222 | +€8,406 | +463% |
| Current assets | 29/58 | €104,247 | €99,785 | -€4,463 | -4.3% |
| Amounts receivable within one year | 40/41 | €3,911 | - | -€3,911 | |
| Other amounts receivable | 41 | €3,911 | - | -€3,911 | |
| Cash at bank and in hand | 54/58 | €69,531 | €68,654 | -€878 | -1.3% |
| Deferred charges and accrued income | 490/1 | €30,805 | €31,131 | +€326 | +1.1% |
| Total equity and liabilities | 10/49 | €107,423 | €110,820 | +€3,397 | +3.2% |
| Equity | 10/15 | €67,585 | €43,595 | -€23,991 | -35.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €65,585 | €41,595 | -€23,991 | -36.6% |
| Distributable reserves | 133 | €65,585 | €41,595 | -€23,991 | -36.6% |
| Amounts payable | 17/49 | €39,838 | €67,225 | +€27,387 | +68.7% |
| Amounts payable after more than one year | 17 | €13,125 | €4,375 | -€8,750 | -66.7% |
| Financial debts | 170/4 | €13,125 | €4,375 | -€8,750 | -66.7% |
| Amounts payable within one year | 42/48 | €26,624 | €62,764 | +€36,140 | +136% |
| Current portion of amounts payable after more than one year | 42 | €8,750 | €8,750 | = | 0.0% |
| Trade debts | 44 | €762 | €1,227 | +€465 | +61.0% |
| Suppliers | 440/4 | €762 | €1,227 | +€465 | +61.0% |
| Taxes, remuneration and social security | 45 | €17,111 | €7,439 | -€9,673 | -56.5% |
| Taxes | 450/3 | €17,111 | €7,439 | -€9,673 | -56.5% |
| Other amounts payable | 47/48 | - | €45,348 | +€45,348 | |
| Accrued charges and deferred income | 492/3 | €89 | €86 | -€3 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,770 | €2,038 | +€268 | +15.1% |
| Other operating charges | 640/8 | €593 | €1,273 | +€680 | +115% |
| Non-recurring operating charges | 66A | €1,083 | - | -€1,083 | |
| Gross operating margin | 9900 | €35,247 | €52,065 | +€16,818 | +47.7% |
| Operating profit (loss) | 9901 | €31,802 | €48,754 | +€16,953 | +53.3% |
| Financial income | 75/76B | €214 | €0 | -€214 | -100.0% |
| Recurring financial income | 75 | €214 | €0 | -€214 | -100.0% |
| Financial charges | 65/66B | €1,620 | €1,855 | +€234 | +14.5% |
| Recurring financial charges | 65 | €1,620 | €1,855 | +€234 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €30,395 | €46,900 | +€16,504 | +54.3% |
| Income taxes | 67/77 | €7,116 | €10,890 | +€3,774 | +53.0% |
| Profit (loss) for the period | 9904 | €23,279 | €36,009 | +€12,730 | +54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,279 | €36,009 | +€12,730 | +54.7% |
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 5 November 2026 via checked.be.