4SDENTAL: 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.
4SDENTAL
Largest movements
- Current investments +€90,000
up €90,000 (+60.0%), from €150,000 to €240,000
- Cash -€45,312
down €45,312 (-52.9%), from €85,581 to €40,268
mainly Current investments (-€90,000) and Tax, wage and social debts (-€21,813)
- Tangible fixed assets +€12,888
up €12,888 (+391%), from €3,294 to €16,182
- Reserves +€77,650
up €77,650 (+34.3%), from €226,520 to €304,170
- Tax, wage and social debts -€21,813
down €21,813 (-87.4%), from €24,958 to €3,145
of which Taxes: -€19,588
- Gross operating margin -€29,998
down €29,998 (-21.7%), from €138,267 to €108,269
- Taxes -€9,476
down €9,476 (-24.1%), from €39,265 to €29,789
- Financial income +€2,981
up €2,981 (+1,993%), from €150 to €3,130
- Depreciation +€1,435
up €1,435 (+72.8%), from €1,971 to €3,407
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 | €258,204 | €315,952 | +€57,748 | +22.4% |
| Fixed assets | 21/28 | €3,294 | €16,182 | +€12,888 | +391% |
| Tangible fixed assets | 22/27 | €3,294 | €16,182 | +€12,888 | +391% |
| Furniture and vehicles | 24 | €3,294 | €16,182 | +€12,888 | +391% |
| Current assets | 29/58 | €254,909 | €299,770 | +€44,861 | +17.6% |
| Amounts receivable within one year | 40/41 | €476 | €1,007 | +€532 | +112% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €476 | €1,007 | +€532 | +112% |
| Current investments | 50/53 | €150,000 | €240,000 | +€90,000 | +60.0% |
| Cash at bank and in hand | 54/58 | €85,581 | €40,268 | -€45,312 | -52.9% |
| Deferred charges and accrued income | 490/1 | €18,853 | €18,494 | -€359 | -1.9% |
| Total equity and liabilities | 10/49 | €258,204 | €315,952 | +€57,748 | +22.4% |
| Equity | 10/15 | €231,592 | €309,258 | +€77,666 | +33.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €226,520 | €304,170 | +€77,650 | +34.3% |
| Distributable reserves | 133 | €226,520 | €304,170 | +€77,650 | +34.3% |
| Profit (loss) carried forward | 14 | €72 | €88 | +€16 | +22.9% |
| Amounts payable | 17/49 | €26,612 | €6,694 | -€19,918 | -74.8% |
| Amounts payable within one year | 42/48 | €26,612 | €6,694 | -€19,918 | -74.8% |
| Trade debts | 44 | €1,206 | €2,567 | +€1,361 | +113% |
| Suppliers | 440/4 | €1,206 | €2,567 | +€1,361 | +113% |
| Taxes, remuneration and social security | 45 | €24,958 | €3,145 | -€21,813 | -87.4% |
| Taxes | 450/3 | €20,508 | €920 | -€19,588 | -95.5% |
| Remuneration and social security | 454/9 | €4,450 | €2,225 | -€2,225 | -50.0% |
| Other amounts payable | 47/48 | €448 | €982 | +€534 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,971 | €3,407 | +€1,435 | +72.8% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €138,267 | €108,269 | -€29,998 | -21.7% |
| Operating profit (loss) | 9901 | €136,295 | €104,462 | -€31,833 | -23.4% |
| Financial income | 75/76B | €150 | €3,130 | +€2,981 | +1,993% |
| Recurring financial income | 75 | €150 | €3,130 | +€2,981 | +1,993% |
| Financial charges | 65/66B | €160 | €138 | -€22 | -13.7% |
| Recurring financial charges | 65 | €160 | €138 | -€22 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €136,285 | €107,455 | -€28,830 | -21.2% |
| Income taxes | 67/77 | €39,265 | €29,789 | -€9,476 | -24.1% |
| Profit (loss) for the period | 9904 | €97,020 | €77,666 | -€19,354 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €97,020 | €77,666 | -€19,354 | -19.9% |
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 13 October 2026 via checked.be.