AL DENTE: 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.
AL DENTE
Largest movements
- Cash +€182,240
up €182,240 (+78.5%), from €232,206 to €414,446
mainly Net result for the year (+€125,612) and Depreciation (+€72,389)
- Receivables within one year -€69,642
down €69,642 (-66.9%), from €104,158 to €34,516
of which Trade receivables: -€53,204
- Tangible fixed assets -€63,268
down €63,268 (-11.3%), from €558,453 to €495,185
of which Land and buildings: -€49,333
- Current investments +€42,845
up €42,845 (+15.9%), from €270,000 to €312,845
- Reserves +€125,612
up €125,612 (+17.8%), from €705,895 to €831,507
of which Distributable reserves: +€135,456
- Trade debts -€77,769
down €77,769 (-67.6%), from €115,105 to €37,336
- Advances received +€50,548
up €50,548 (+294%), from €17,209 to €67,757
- Debts after one year -€46,732
down €46,732 (-15.5%), from €301,074 to €254,342
- Tax, wage and social debts +€40,444
up €40,444 (+681%), from €5,941 to €46,386
of which Taxes: +€40,997
- Gross operating margin +€49,021
up €49,021 (+22.3%), from €219,830 to €268,851
- Taxes +€18,055
up €18,055 (+43.5%), from €41,526 to €59,581
- Other operating charges -€8,310
down €8,310 (-75.9%), from €10,955 to €2,646
- Financial income +€4,934
up €4,934 (+49.6%), from €9,956 to €14,890
- Staff costs -€2,971
down €2,971 (-14.7%), from €20,154 to €17,183
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 | €1,533,054 | €1,630,270 | +€97,216 | +6.3% |
| Fixed assets | 21/28 | €558,453 | €495,185 | -€63,268 | -11.3% |
| Tangible fixed assets | 22/27 | €558,453 | €495,185 | -€63,268 | -11.3% |
| Land and buildings | 22 | €525,129 | €475,796 | -€49,333 | -9.4% |
| Plant, machinery and equipment | 23 | €989 | €652 | -€337 | -34.1% |
| Furniture and vehicles | 24 | €32,335 | €18,737 | -€13,598 | -42.1% |
| Current assets | 29/58 | €974,601 | €1,135,085 | +€160,484 | +16.5% |
| Stocks and contracts in progress | 3 | €364,999 | €371,040 | +€6,041 | +1.7% |
| Stocks | 30/36 | €364,999 | €371,040 | +€6,041 | +1.7% |
| Amounts receivable within one year | 40/41 | €104,158 | €34,516 | -€69,642 | -66.9% |
| Trade receivables | 40 | €81,110 | €27,905 | -€53,204 | -65.6% |
| Other amounts receivable | 41 | €23,048 | €6,610 | -€16,438 | -71.3% |
| Current investments | 50/53 | €270,000 | €312,845 | +€42,845 | +15.9% |
| Cash at bank and in hand | 54/58 | €232,206 | €414,446 | +€182,240 | +78.5% |
| Deferred charges and accrued income | 490/1 | €3,238 | €2,239 | -€999 | -30.8% |
| Total equity and liabilities | 10/49 | €1,533,054 | €1,630,270 | +€97,216 | +6.3% |
| Equity | 10/15 | €910,092 | €1,035,704 | +€125,612 | +13.8% |
| Contributions | 10/11 | €204,197 | €204,197 | = | 0.0% |
| Reserves | 13 | €705,895 | €831,507 | +€125,612 | +17.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €146,721 | €136,877 | -€9,844 | -6.7% |
| Distributable reserves | 133 | €559,174 | €694,630 | +€135,456 | +24.2% |
| Provisions and deferred taxes | 16 | €42,657 | €39,376 | -€3,281 | -7.7% |
| Deferred taxes | 168 | €42,657 | €39,376 | -€3,281 | -7.7% |
| Amounts payable | 17/49 | €580,305 | €555,191 | -€25,114 | -4.3% |
| Amounts payable after more than one year | 17 | €301,074 | €254,342 | -€46,732 | -15.5% |
| Financial debts | 170/4 | €301,074 | €254,342 | -€46,732 | -15.5% |
| Amounts payable within one year | 42/48 | €279,230 | €300,848 | +€21,618 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €54,552 | €46,732 | -€7,820 | -14.3% |
| Trade debts | 44 | €115,105 | €37,336 | -€77,769 | -67.6% |
| Suppliers | 440/4 | €115,105 | €37,336 | -€77,769 | -67.6% |
| Advances received on contracts in progress | 46 | €17,209 | €67,757 | +€50,548 | +294% |
| Taxes, remuneration and social security | 45 | €5,941 | €46,386 | +€40,444 | +681% |
| Taxes | 450/3 | €1,411 | €42,408 | +€40,997 | +2,906% |
| Remuneration and social security | 454/9 | €4,530 | €3,978 | -€553 | -12.2% |
| Other amounts payable | 47/48 | €86,424 | €102,638 | +€16,214 | +18.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €20,154 | €17,183 | -€2,971 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,122 | €72,389 | +€1,267 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,355 | +€1,355 | |
| Other operating charges | 640/8 | €10,955 | €2,646 | -€8,310 | -75.9% |
| Non-recurring operating charges | 66A | €1,602 | €0 | -€1,602 | -100% |
| Gross operating margin | 9900 | €219,830 | €268,851 | +€49,021 | +22.3% |
| Operating profit (loss) | 9901 | €115,997 | €175,278 | +€59,281 | +51.1% |
| Financial income | 75/76B | €9,956 | €14,890 | +€4,934 | +49.6% |
| Recurring financial income | 75 | €9,956 | €14,890 | +€4,934 | +49.6% |
| Financial charges | 65/66B | €6,802 | €8,257 | +€1,455 | +21.4% |
| Recurring financial charges | 65 | €6,802 | €8,257 | +€1,455 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €119,151 | €181,911 | +€62,760 | +52.7% |
| Transfer from deferred taxes | 780 | €3,281 | €3,281 | = | 0.0% |
| Income taxes | 67/77 | €41,526 | €59,581 | +€18,055 | +43.5% |
| Profit (loss) for the period | 9904 | €80,906 | €125,612 | +€44,705 | +55.3% |
| Transfer from tax-exempt reserves | 789 | €9,844 | €9,844 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90,750 | €135,456 | +€44,705 | +49.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.