A. M. ORTHODONTICS: what changed
What changed
A. M. ORTHODONTICS
NACE 86.230, Dental practice
filed annual accounts (NBB)
Net result for the year
€801,151
2024 · €801,227-€76
Equity
€1.7m
2024 · €2.2m-€491,421
Cash
€686,923
2024 · €642,802+€44,121
Balance sheet total
€4.6m
2024 · €3.4m+€1.3m
Largest movements
Assets
- Tangible fixed assets +€1.5m
up €1.5m (+63.0%), from €2.3m to €3.8m
of which Land and buildings: +€1.6m
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Receivables within one year -€75,617
down €75,617 (-45.5%), from €166,039 to €90,422
of which Trade receivables: -€71,600
Equity and liabilities
- Other debts +€957,464
up €957,464 (+4,069%), from €23,529 to €980,993
- Debts after one year +€734,203
up €734,203 (+85.1%), from €862,814 to €1.6m
of which Financial debts: +€733,503
- Profit (loss) carried forward -€491,421
down €491,421 (-22.5%), from €2.2m to €1.7m
- Current portion of long-term debt +€52,305
up €52,305 (+44.2%), from €118,263 to €170,568
Income statement
- Gross operating margin +€107,287
up €107,287 (+6.1%), from €1.8m to €1.9m
- Depreciation +€41,215
up €41,215 (+9.8%), from €418,604 to €459,819
- Staff costs +€36,301
up €36,301 (+14.5%), from €250,142 to €286,443
- Financial charges +€22,818
up €22,818 (+114%), from €19,968 to €42,786
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
€801,227
Gross operating margin
+€107,287
Staff costs
-€36,301
Depreciation
-€41,215
Other operating charges
-€9,541
Financial income
+€1,960
Financial charges
-€22,818
Taxes
+€552
Result 2025
€801,151
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
+€2.3m
Investment
-€1.7m
Financing
-€506,065
Cash 2024
€642,802
From operations (derived)
+€2.3m
Net result for the year
+€801,151
Depreciation
+€459,819
Receivables within one year
+€75,617
Deferred charges and accrued income
-€14,372
Trade debts
+€8,651
Smaller working-capital items
-€2,864
Other debts
+€957,464
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€1.9m
Current investments
+€200,000
Financing
-€506,065
Debts after one year
+€734,203
Current portion of long-term debt
+€52,305
Contributions, distributions and other
-€1.3m
Cash 2025
€686,923
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,364,526 | €4,622,862 | +€1.3m | +37.4% |
| Fixed assets | 21/28 | €2,343,603 | €3,819,063 | +€1.5m | +63.0% |
| Tangible fixed assets | 22/27 | €2,343,403 | €3,818,863 | +€1.5m | +63.0% |
| Land and buildings | 22 | €2,021,519 | €3,597,416 | +€1.6m | +78.0% |
| Plant, machinery and equipment | 23 | €175,549 | €123,486 | -€52,063 | -29.7% |
| Furniture and vehicles | 24 | €145,605 | €97,578 | -€48,028 | -33.0% |
| Other tangible fixed assets | 26 | €730 | €384 | -€346 | -47.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €1,020,923 | €803,799 | -€217,124 | -21.3% |
| Amounts receivable within one year | 40/41 | €166,039 | €90,422 | -€75,617 | -45.5% |
| Trade receivables | 40 | €89,600 | €18,000 | -€71,600 | -79.9% |
| Other amounts receivable | 41 | €76,439 | €72,422 | -€4,017 | -5.3% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €642,802 | €686,923 | +€44,121 | +6.9% |
| Deferred charges and accrued income | 490/1 | €12,082 | €26,454 | +€14,372 | +119% |
| Total equity and liabilities | 10/49 | €3,364,526 | €4,622,862 | +€1.3m | +37.4% |
| Equity | 10/15 | €2,204,103 | €1,712,682 | -€491,421 | -22.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,183,643 | €1,692,222 | -€491,421 | -22.5% |
| Amounts payable | 17/49 | €1,160,423 | €2,910,181 | +€1.7m | +151% |
| Amounts payable after more than one year | 17 | €862,814 | €1,597,017 | +€734,203 | +85.1% |
| Financial debts | 170/4 | €862,814 | €1,596,317 | +€733,503 | +85.0% |
| Other amounts payable | 178/9 | - | €700 | +€700 | |
| Amounts payable within one year | 42/48 | €184,080 | €1,201,053 | +€1.0m | +552% |
| Current portion of amounts payable after more than one year | 42 | €118,263 | €170,568 | +€52,305 | +44.2% |
| Trade debts | 44 | €9,624 | €18,275 | +€8,651 | +89.9% |
| Suppliers | 440/4 | €9,624 | €18,275 | +€8,651 | +89.9% |
| Taxes, remuneration and social security | 45 | €32,664 | €31,218 | -€1,447 | -4.4% |
| Taxes | 450/3 | €1,902 | €571 | -€1,330 | -70.0% |
| Remuneration and social security | 454/9 | €30,763 | €30,646 | -€116 | -0.4% |
| Other amounts payable | 47/48 | €23,529 | €980,993 | +€957,464 | +4,069% |
| Accrued charges and deferred income | 492/3 | €113,528 | €112,111 | -€1,418 | -1.2% |
| Remuneration, social security and pensions | 62 | €250,142 | €286,443 | +€36,301 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €418,604 | €459,819 | +€41,215 | +9.8% |
| Other operating charges | 640/8 | €14,018 | €23,559 | +€9,541 | +68.1% |
| Gross operating margin | 9900 | €1,766,243 | €1,873,530 | +€107,287 | +6.1% |
| Operating profit (loss) | 9901 | €1,083,479 | €1,103,710 | +€20,231 | +1.9% |
| Financial income | 75/76B | €1,697 | €3,656 | +€1,960 | +115% |
| Recurring financial income | 75 | €1,697 | €3,656 | +€1,960 | +115% |
| Financial charges | 65/66B | €19,968 | €42,786 | +€22,818 | +114% |
| Recurring financial charges | 65 | €19,968 | €42,786 | +€22,818 | +114% |
| Profit (loss) for the period before taxes | 9903 | €1,065,208 | €1,064,581 | -€628 | -0.1% |
| Income taxes | 67/77 | €263,981 | €263,430 | -€552 | -0.2% |
| Profit (loss) for the period | 9904 | €801,227 | €801,151 | -€76 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €801,227 | €801,151 | -€76 | 0.0% |
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 6 November 2026 via checked.be.