WATERLOO MEDICENTER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
WATERLOO MEDICENTER
Largest movements
- Cash +€22,360
up €22,360 (+23.1%), from €96,927 to €119,287
mainly Net result for the year (+€32,367) and Depreciation (+€13,368)
- Tangible fixed assets -€13,368
down €13,368 (-8.0%), from €167,933 to €154,564
- Receivables within one year -€4,920
down €4,920 (-100%), from €4,920 to €0
- Trade debts +€4,676
up €4,676 (+928%), from €504 to €5,180
- Gross operating margin -€4,085
down €4,085 (-6.1%), from €66,611 to €62,526
- Taxes -€1,452
down €1,452 (-11.9%), from €12,241 to €10,789
- Depreciation +€1,185
up €1,185 (+9.7%), from €12,184 to €13,368
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €270,059 | €273,851 | +€3,793 | +1.4% |
| Fixed assets | 21/28 | €167,933 | €154,564 | -€13,368 | -8.0% |
| Tangible fixed assets | 22/27 | €167,933 | €154,564 | -€13,368 | -8.0% |
| Land and buildings | 22 | €167,933 | €154,564 | -€13,368 | -8.0% |
| Current assets | 29/58 | €102,126 | €119,287 | +€17,161 | +16.8% |
| Amounts receivable within one year | 40/41 | €4,920 | €0 | -€4,920 | -100% |
| Trade receivables | 40 | €4,920 | €0 | -€4,920 | -100% |
| Cash at bank and in hand | 54/58 | €96,927 | €119,287 | +€22,360 | +23.1% |
| Deferred charges and accrued income | 490/1 | €279 | €0 | -€279 | -100% |
| Total equity and liabilities | 10/49 | €270,059 | €273,851 | +€3,793 | +1.4% |
| Equity | 10/15 | €230,605 | €232,973 | +€2,367 | +1.0% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Capital | 10 | €185,920 | €185,920 | = | 0.0% |
| Issued capital | 100 | €185,920 | €185,920 | = | 0.0% |
| Reserves | 13 | €18,592 | €18,592 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,592 | €18,592 | = | 0.0% |
| Legal reserve | 130 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,093 | €28,460 | +€2,367 | +9.1% |
| Amounts payable | 17/49 | €39,454 | €40,879 | +€1,425 | +3.6% |
| Amounts payable within one year | 42/48 | €33,678 | €35,939 | +€2,260 | +6.7% |
| Trade debts | 44 | €504 | €5,180 | +€4,676 | +928% |
| Suppliers | 440/4 | €504 | €5,180 | +€4,676 | +928% |
| Taxes, remuneration and social security | 45 | €3,174 | €759 | -€2,415 | -76.1% |
| Taxes | 450/3 | €3,174 | €759 | -€2,415 | -76.1% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,775 | €4,940 | -€835 | -14.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,184 | €13,368 | +€1,185 | +9.7% |
| Other operating charges | 640/8 | €5,682 | €6,130 | +€448 | +7.9% |
| Gross operating margin | 9900 | €66,611 | €62,526 | -€4,085 | -6.1% |
| Operating profit (loss) | 9901 | €48,746 | €43,028 | -€5,718 | -11.7% |
| Financial income | 75/76B | €221 | €226 | +€5 | +2.1% |
| Recurring financial income | 75 | €221 | €226 | +€5 | +2.1% |
| Financial charges | 65/66B | €61 | €97 | +€35 | +57.4% |
| Recurring financial charges | 65 | €61 | €97 | +€35 | +57.4% |
| Profit (loss) for the period before taxes | 9903 | €48,905 | €43,157 | -€5,749 | -11.8% |
| Income taxes | 67/77 | €12,241 | €10,789 | -€1,452 | -11.9% |
| Profit (loss) for the period | 9904 | €36,665 | €32,367 | -€4,297 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,665 | €32,367 | -€4,297 | -11.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.