RONALD COEKAERTS: what changed
What changed
RONALD COEKAERTS
NACE 86.230, Dental practice
filed annual accounts (NBB)
Net result for the year
€53,029
2024 · €57,723-€4,694
Equity
€505,313
2024 · €517,080-€11,767
Cash
€35,165
2024 · €37,956-€2,791
Balance sheet total
€570,179
2024 · €521,944+€48,235
Largest movements
Assets
- Current investments +€52,445
up €52,445 (+11.2%), from €467,585 to €520,029
- Tangible fixed assets -€7,619
down €7,619 (-66.9%), from €11,388 to €3,768
of which Plant, machinery and equipment: -€5,466
Equity and liabilities
- Other debts +€64,796
new in 2025: €64,796
- Reserves -€11,767
down €11,767 (-2.6%), from €452,860 to €441,093
Income statement
- Gross operating margin -€16,187
down €16,187 (-17.2%), from €94,017 to €77,829
- Depreciation -€9,149
down €9,149 (-54.6%), from €16,768 to €7,619
- Taxes -€3,382
down €3,382 (-14.5%), from €23,391 to €20,008
- Financial income -€1,163
down €1,163 (-25.0%), from €4,652 to €3,489
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
€57,723
Gross operating margin
-€16,187
Depreciation
+€9,149
Other operating charges
+€130
Financial income
-€1,163
Financial charges
-€5
Taxes
+€3,382
Result 2025
€53,029
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
+€114,449
Investment
-€52,445
Financing
-€64,796
Cash 2024
€37,956
From operations (derived)
+€114,449
Net result for the year
+€53,029
Depreciation
+€7,619
Receivables within one year
-€521
Deferred charges and accrued income
-€5,680
Trade debts
+€70
Tax, wage and social debts
-€4,434
Other debts
+€64,796
Accrued charges and deferred income
-€430
Investment (derived)
-€52,445
Current investments
-€52,445
Financing
-€64,796
Contributions, distributions and other
-€64,796
Cash 2025
€35,165
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €521,944 | €570,179 | +€48,235 | +9.2% |
| Fixed assets | 21/28 | €11,388 | €3,768 | -€7,619 | -66.9% |
| Tangible fixed assets | 22/27 | €11,388 | €3,768 | -€7,619 | -66.9% |
| Land and buildings | 22 | €2,877 | €2,161 | -€716 | -24.9% |
| Plant, machinery and equipment | 23 | €7,073 | €1,607 | -€5,466 | -77.3% |
| Furniture and vehicles | 24 | €1,437 | €0 | -€1,437 | -100% |
| Current assets | 29/58 | €510,556 | €566,411 | +€55,855 | +10.9% |
| Amounts receivable within one year | 40/41 | €3,511 | €4,032 | +€521 | +14.8% |
| Trade receivables | 40 | €764 | €0 | -€764 | -100% |
| Other amounts receivable | 41 | €2,746 | €4,032 | +€1,286 | +46.8% |
| Current investments | 50/53 | €467,585 | €520,029 | +€52,445 | +11.2% |
| Cash at bank and in hand | 54/58 | €37,956 | €35,165 | -€2,791 | -7.4% |
| Deferred charges and accrued income | 490/1 | €1,505 | €7,184 | +€5,680 | +378% |
| Total equity and liabilities | 10/49 | €521,944 | €570,179 | +€48,235 | +9.2% |
| Equity | 10/15 | €517,080 | €505,313 | -€11,767 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €452,860 | €441,093 | -€11,767 | -2.6% |
| Distributable reserves | 133 | €452,860 | €441,093 | -€11,767 | -2.6% |
| Profit (loss) carried forward | 14 | €45,620 | €45,620 | = | 0.0% |
| Amounts payable | 17/49 | €4,864 | €64,866 | +€60,002 | +1,234% |
| Amounts payable within one year | 42/48 | €4,434 | €64,866 | +€60,432 | +1,363% |
| Trade debts | 44 | €0 | €70 | +€70 | |
| Suppliers | 440/4 | €0 | €70 | +€70 | |
| Taxes, remuneration and social security | 45 | €4,434 | €0 | -€4,434 | -100% |
| Taxes | 450/3 | €1,066 | €0 | -€1,066 | -100% |
| Remuneration and social security | 454/9 | €3,369 | €0 | -€3,369 | -100% |
| Other amounts payable | 47/48 | - | €64,796 | +€64,796 | |
| Accrued charges and deferred income | 492/3 | €430 | €0 | -€430 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,768 | €7,619 | -€9,149 | -54.6% |
| Other operating charges | 640/8 | €649 | €520 | -€130 | -20.0% |
| Gross operating margin | 9900 | €94,017 | €77,829 | -€16,187 | -17.2% |
| Operating profit (loss) | 9901 | €76,599 | €69,690 | -€6,909 | -9.0% |
| Financial income | 75/76B | €4,652 | €3,489 | -€1,163 | -25.0% |
| Recurring financial income | 75 | €4,652 | €3,489 | -€1,163 | -25.0% |
| Financial charges | 65/66B | €137 | €142 | +€5 | +3.4% |
| Recurring financial charges | 65 | €137 | €142 | +€5 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €81,114 | €73,037 | -€8,077 | -10.0% |
| Income taxes | 67/77 | €23,391 | €20,008 | -€3,382 | -14.5% |
| Profit (loss) for the period | 9904 | €57,723 | €53,029 | -€4,694 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,723 | €53,029 | -€4,694 | -8.1% |
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.