ART DENTAIRE: what changed
ART DENTAIRE
Largest movements
- Tangible fixed assets -€911,596
down €911,596 (-66.9%), from €1.4m to €451,352
of which Land and buildings: -€895,652
- Deferred charges and accrued income -€259,045
down €259,045 (-93.0%), from €278,606 to €19,561
- Cash +€75,740
up €75,740 (+759%), from €9,985 to €85,725
mainly Investment in fixed assets (net) (+€873,202) and Deferred charges and accrued income (+€259,045)
- Receivables within one year +€70,550
up €70,550 (+458%), from €15,408 to €85,959
of which Trade receivables: +€73,575
- Debts after one year -€628,315
down €628,315 (-96.4%), from €651,751 to €23,435
- Other debts -€183,343
down €183,343 (-81.5%), from €224,913 to €41,571
- Current portion of long-term debt -€116,684
down €116,684 (-73.6%), from €158,490 to €41,806
- Reserves -€57,331
down €57,331 (-17.7%), from €323,454 to €266,123
of which Distributable reserves: -€57,331
- Trade debts -€32,910
down €32,910 (-64.0%), from €51,415 to €18,505
- Gross operating margin +€129,123
up €129,123 (+45.8%), from €282,082 to €411,205
- Taxes +€54,247
up €54,247 (+797%), from €6,805 to €61,052
- Depreciation -€42,427
down €42,427 (-52.5%), from €80,820 to €38,393
- Staff costs -€17,541
down €17,541 (-12.1%), from €144,932 to €127,391
- Financial charges +€6,541
up €6,541 (+45.0%), from €14,536 to €21,077
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,666,947 | €642,597 | -€1.0m | -61.5% |
| Fixed assets | 21/28 | €1,362,947 | €451,352 | -€911,596 | -66.9% |
| Tangible fixed assets | 22/27 | €1,362,947 | €451,352 | -€911,596 | -66.9% |
| Land and buildings | 22 | €1,320,233 | €424,581 | -€895,652 | -67.8% |
| Plant, machinery and equipment | 23 | €1,292 | €2,283 | +€991 | +76.7% |
| Furniture and vehicles | 24 | €36,966 | €23,565 | -€13,400 | -36.3% |
| Other tangible fixed assets | 26 | €4,457 | €923 | -€3,534 | -79.3% |
| Current assets | 29/58 | €304,000 | €191,245 | -€112,755 | -37.1% |
| Amounts receivable within one year | 40/41 | €15,408 | €85,959 | +€70,550 | +458% |
| Trade receivables | 40 | €12,384 | €85,959 | +€73,575 | +594% |
| Other amounts receivable | 41 | €3,024 | - | -€3,024 | |
| Cash at bank and in hand | 54/58 | €9,985 | €85,725 | +€75,740 | +759% |
| Deferred charges and accrued income | 490/1 | €278,606 | €19,561 | -€259,045 | -93.0% |
| Total equity and liabilities | 10/49 | €1,666,947 | €642,597 | -€1.0m | -61.5% |
| Equity | 10/15 | €551,526 | €494,195 | -€57,331 | -10.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €323,454 | €266,123 | -€57,331 | -17.7% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €317,257 | €259,926 | -€57,331 | -18.1% |
| Profit (loss) carried forward | 14 | €166,098 | €166,098 | = | 0.0% |
| Amounts payable | 17/49 | €1,115,421 | €148,402 | -€967,020 | -86.7% |
| Amounts payable after more than one year | 17 | €651,751 | €23,435 | -€628,315 | -96.4% |
| Financial debts | 170/4 | €651,751 | €23,435 | -€628,315 | -96.4% |
| Amounts payable within one year | 42/48 | €463,671 | €124,966 | -€338,704 | -73.0% |
| Current portion of amounts payable after more than one year | 42 | €158,490 | €41,806 | -€116,684 | -73.6% |
| Trade debts | 44 | €51,415 | €18,505 | -€32,910 | -64.0% |
| Suppliers | 440/4 | €51,415 | €18,505 | -€32,910 | -64.0% |
| Taxes, remuneration and social security | 45 | €28,853 | €23,085 | -€5,768 | -20.0% |
| Taxes | 450/3 | €2,180 | €10,801 | +€8,621 | +395% |
| Remuneration and social security | 454/9 | €26,673 | €12,284 | -€14,389 | -53.9% |
| Other amounts payable | 47/48 | €224,913 | €41,571 | -€183,343 | -81.5% |
| Non-recurring operating income | 76A | - | €503,656 | +€503,656 | |
| Remuneration, social security and pensions | 62 | €144,932 | €127,391 | -€17,541 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,820 | €38,393 | -€42,427 | -52.5% |
| Other operating charges | 640/8 | €27,841 | €27,475 | -€365 | -1.3% |
| Gross operating margin | 9900 | €282,082 | €411,205 | +€129,123 | +45.8% |
| Operating profit (loss) | 9901 | €28,489 | €217,945 | +€189,456 | +665% |
| Financial income | 75/76B | €0 | €29 | +€29 | +28,570% |
| Recurring financial income | 75 | €0 | €29 | +€29 | +28,570% |
| Financial charges | 65/66B | €14,536 | €21,077 | +€6,541 | +45.0% |
| Recurring financial charges | 65 | €14,536 | €21,077 | +€6,541 | +45.0% |
| Profit (loss) for the period before taxes | 9903 | €13,953 | €196,897 | +€182,944 | +1,311% |
| Income taxes | 67/77 | €6,805 | €61,052 | +€54,247 | +797% |
| Profit (loss) for the period | 9904 | €7,147 | €135,845 | +€128,697 | +1,801% |
| Profit (loss) for the period to be appropriated | 9905 | €7,147 | €135,845 | +€128,697 | +1,801% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.