VC Ophthalmology: what changed
What changed
VC Ophthalmology
NACE 86.220, Specialist medical practice
filed annual accounts (NBB)
Net result for the year
€157,086
2024 · €199,748-€42,662
Equity
€2,500
2024 · €370,562-€368,062
Cash
€135,887
2024 · €281,967-€146,080
Balance sheet total
€519,041
2024 · €568,428-€49,387
Largest movements
Assets
- Cash -€146,080
down €146,080 (-51.8%), from €281,967 to €135,887
mainly Contributions, distributions and other (-€525,148) and Current investments (-€106,000)
- Current investments +€106,000
new in 2025: €106,000
- Receivables within one year -€17,970
down €17,970 (-22.0%), from €81,810 to €63,840
of which Trade receivables: -€10,765
- Deferred charges and accrued income +€8,663
up €8,663 (+14.6%), from €59,151 to €67,814
Equity and liabilities
- Reserves -€368,062
down €368,062 (-100%), from €368,062 to €0
- Other debts +€344,880
up €344,880 (+8,233%), from €4,189 to €349,069
- Debts after one year -€26,490
down €26,490 (-16.8%), from €157,404 to €130,914
Income statement
- Gross operating margin -€47,113
down €47,113 (-17.4%), from €270,126 to €223,014
- Taxes -€8,177
down €8,177 (-13.0%), from €62,882 to €54,704
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
€199,748
Gross operating margin
-€47,113
Staff costs
-€1,395
Depreciation
+€267
Other operating charges
-€222
Financial income
-€682
Financial charges
-€1,695
Taxes
+€8,177
Result 2025
€157,086
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
+€510,692
Investment
-€106,000
Financing
-€550,771
Cash 2024
€281,967
From operations (derived)
+€510,692
Net result for the year
+€157,086
Receivables within one year
+€17,970
Deferred charges and accrued income
-€8,663
Smaller working-capital items
-€581
Other debts
+€344,880
Investment (derived)
-€106,000
Current investments
-€106,000
Financing
-€550,771
Debts after one year
-€26,490
Current portion of long-term debt
+€879
Short-term financial debts
-€13
Contributions, distributions and other
-€525,148
Cash 2025
€135,887
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €568,428 | €519,041 | -€49,387 | -8.7% |
| Fixed assets | 21/28 | €145,500 | €145,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €145,500 | €145,500 | = | 0.0% |
| Current assets | 29/58 | €422,928 | €373,541 | -€49,387 | -11.7% |
| Amounts receivable within one year | 40/41 | €81,810 | €63,840 | -€17,970 | -22.0% |
| Trade receivables | 40 | €19,210 | €8,444 | -€10,765 | -56.0% |
| Other amounts receivable | 41 | €62,600 | €55,396 | -€7,204 | -11.5% |
| Current investments | 50/53 | - | €106,000 | +€106,000 | |
| Cash at bank and in hand | 54/58 | €281,967 | €135,887 | -€146,080 | -51.8% |
| Deferred charges and accrued income | 490/1 | €59,151 | €67,814 | +€8,663 | +14.6% |
| Total equity and liabilities | 10/49 | €568,428 | €519,041 | -€49,387 | -8.7% |
| Equity | 10/15 | €370,562 | €2,500 | -€368,062 | -99.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €368,062 | €0 | -€368,062 | -100% |
| Distributable reserves | 133 | €368,062 | €0 | -€368,062 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €197,866 | €516,541 | +€318,675 | +161% |
| Amounts payable after more than one year | 17 | €157,404 | €130,914 | -€26,490 | -16.8% |
| Financial debts | 170/4 | €157,404 | €130,914 | -€26,490 | -16.8% |
| Amounts payable within one year | 42/48 | €40,462 | €385,627 | +€345,165 | +853% |
| Current portion of amounts payable after more than one year | 42 | €25,611 | €26,490 | +€879 | +3.4% |
| Financial debts | 43 | €13 | €0 | -€13 | -100% |
| Credit institutions | 430/8 | €13 | €0 | -€13 | -100% |
| Trade debts | 44 | €1,458 | €922 | -€536 | -36.8% |
| Suppliers | 440/4 | €1,458 | €922 | -€536 | -36.8% |
| Taxes, remuneration and social security | 45 | €9,192 | €9,147 | -€45 | -0.5% |
| Taxes | 450/3 | €9,192 | €9,147 | -€45 | -0.5% |
| Other amounts payable | 47/48 | €4,189 | €349,069 | +€344,880 | +8,233% |
| Remuneration, social security and pensions | 62 | €1,823 | €3,217 | +€1,395 | +76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267 | €0 | -€267 | -100% |
| Other operating charges | 640/8 | €660 | €882 | +€222 | +33.6% |
| Gross operating margin | 9900 | €270,126 | €223,014 | -€47,113 | -17.4% |
| Operating profit (loss) | 9901 | €267,376 | €218,914 | -€48,462 | -18.1% |
| Financial income | 75/76B | €682 | €0 | -€682 | -100.0% |
| Recurring financial income | 75 | €682 | €0 | -€682 | -100.0% |
| Financial charges | 65/66B | €5,429 | €7,124 | +€1,695 | +31.2% |
| Recurring financial charges | 65 | €5,429 | €7,124 | +€1,695 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | €262,630 | €211,790 | -€50,839 | -19.4% |
| Income taxes | 67/77 | €62,882 | €54,704 | -€8,177 | -13.0% |
| Profit (loss) for the period | 9904 | €199,748 | €157,086 | -€42,662 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €199,748 | €157,086 | -€42,662 | -21.4% |
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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.