COSMIDENT: what changed
Two fiscal 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.
What changed
COSMIDENT
NACE 86.230, Dental practice
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€224,314
2024 · €43,412-€267,726
Equity
€226,597
2024 · €450,911-€224,314
Cash
€16,600
2024 · €39,151-€22,550
Balance sheet total
€3.5m
2024 · €2.6m+€904,668
Largest movements
Assets
- Tangible fixed assets +€745,384
up €745,384 (+35.4%), from €2.1m to €2.8m
of which Land and buildings: +€757,028
- Receivables within one year +€183,683
up €183,683 (+51.8%), from €354,341 to €538,024
of which Trade receivables: +€172,239
Equity and liabilities
- Debts after one year +€840,044
up €840,044 (+66.7%), from €1.3m to €2.1m
- Profit (loss) carried forward -€219,904
new in 2025: -€219,904
- Trade debts +€111,690
up €111,690 (+24.8%), from €450,796 to €562,486
- Other debts +€74,245
up €74,245 (+1484.9%), from €5,000 to €79,245
- Current portion of long-term debt +€44,346
up €44,346 (+31.2%), from €141,974 to €186,321
Income statement
- Depreciation +€149,628
up €149,628 (+65.8%), from €227,549 to €377,178
- Staff costs +€146,156
up €146,156 (+41.4%), from €353,376 to €499,532
- Financial charges +€44,647
up €44,647 (+146.0%), from €30,574 to €75,221
- Write-downs -€33,363
down €33,363 (-93.6%), from €35,660 to €2,297
- Gross operating margin +€21,796
up €21,796 (+3.0%), from €727,161 to €748,958
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.
Result 2024
€43,412
Gross operating margin
+€21,796
Staff costs
-€146,156
Depreciation
-€149,628
Write-downs
+€33,363
Other operating charges
-€208
Financial income
-€1,268
Financial charges
-€44,647
Taxes
+€19,021
Result 2025
-€224,314
Cash bridge derived
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.
From operations
+€214,357
Investment
-€1.1m
Financing
+€885,654
Cash 2024
€39,151
From operations (derived)
+€214,357
Net result for the year
-€224,314
Depreciation
+€377,178
Stocks and contracts
+€5,239
Receivables within one year
-€183,683
Deferred charges and accrued income
-€3,390
Trade debts
+€111,690
Tax, wage and social debts
+€28,308
Advances received
+€29,436
Other debts
+€74,245
Accrued charges and deferred income
-€352
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
+€885,654
Debts after one year
+€840,044
Current portion of long-term debt
+€44,346
Short-term financial debts
+€1,264
Cash 2025
€16,600
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,551,735 | €3,456,403 | +€904,668 | +35.5% |
| Fixed assets | 21/28 | €2,108,058 | €2,853,442 | +€745,384 | +35.4% |
| Tangible fixed assets | 22/27 | €2,103,682 | €2,849,066 | +€745,384 | +35.4% |
| Land and buildings | 22 | €1,819,989 | €2,577,018 | +€757,028 | +41.6% |
| Plant, machinery and equipment | 23 | €87,137 | €66,099 | -€21,038 | -24.1% |
| Furniture and vehicles | 24 | €30,609 | €18,991 | -€11,618 | -38.0% |
| Leasing and similar rights | 25 | €144,669 | €165,680 | +€21,011 | +14.5% |
| Other tangible fixed assets | 26 | €21,277 | €21,277 | = | 0.0% |
| Financial fixed assets | 28 | €4,376 | €4,376 | = | 0.0% |
| Current assets | 29/58 | €443,677 | €602,961 | +€159,284 | +35.9% |
| Stocks and contracts in progress | 3 | €45,329 | €40,090 | -€5,239 | -11.6% |
| Stocks | 30/36 | €45,329 | €40,090 | -€5,239 | -11.6% |
| Amounts receivable within one year | 40/41 | €354,341 | €538,024 | +€183,683 | +51.8% |
| Trade receivables | 40 | €301,195 | €473,433 | +€172,239 | +57.2% |
| Other amounts receivable | 41 | €53,146 | €64,591 | +€11,444 | +21.5% |
| Cash at bank and in hand | 54/58 | €39,151 | €16,600 | -€22,550 | -57.6% |
| Deferred charges and accrued income | 490/1 | €4,857 | €8,247 | +€3,390 | +69.8% |
| Total equity and liabilities | 10/49 | €2,551,735 | €3,456,403 | +€904,668 | +35.5% |
| Equity | 10/15 | €450,911 | €226,597 | -€224,314 | -49.7% |
| Contributions | 10/11 | €261,600 | €261,600 | = | 0.0% |
| Reserves | 13 | €189,311 | €184,901 | -€4,410 | -2.3% |
| Distributable reserves | 133 | €189,311 | €184,901 | -€4,410 | -2.3% |
| Profit (loss) carried forward | 14 | - | -€219,904 | -€219,904 | |
| Amounts payable | 17/49 | €2,100,824 | €3,229,806 | +€1.1m | +53.7% |
| Amounts payable after more than one year | 17 | €1,260,262 | €2,100,306 | +€840,044 | +66.7% |
| Financial debts | 170/4 | €1,260,262 | €2,100,306 | +€840,044 | +66.7% |
| Amounts payable within one year | 42/48 | €840,153 | €1,129,443 | +€289,290 | +34.4% |
| Current portion of amounts payable after more than one year | 42 | €141,974 | €186,321 | +€44,346 | +31.2% |
| Financial debts | 43 | €2,112 | €3,376 | +€1,264 | +59.9% |
| Credit institutions | 430/8 | €2,112 | €3,376 | +€1,264 | +59.9% |
| Trade debts | 44 | €450,796 | €562,486 | +€111,690 | +24.8% |
| Suppliers | 440/4 | €450,796 | €562,486 | +€111,690 | +24.8% |
| Advances received on contracts in progress | 46 | €177,888 | €207,324 | +€29,436 | +16.5% |
| Taxes, remuneration and social security | 45 | €62,383 | €90,691 | +€28,308 | +45.4% |
| Taxes | 450/3 | €36,870 | €19,422 | -€17,449 | -47.3% |
| Remuneration and social security | 454/9 | €25,512 | €71,269 | +€45,757 | +179.4% |
| Other amounts payable | 47/48 | €5,000 | €79,245 | +€74,245 | +1484.9% |
| Accrued charges and deferred income | 492/3 | €409 | €57 | -€352 | -86.1% |
| Remuneration, social security and pensions | 62 | €353,376 | €499,532 | +€146,156 | +41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €227,549 | €377,178 | +€149,628 | +65.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €35,660 | €2,297 | -€33,363 | -93.6% |
| Other operating charges | 640/8 | €18,361 | €18,570 | +€208 | +1.1% |
| Gross operating margin | 9900 | €727,161 | €748,958 | +€21,796 | +3.0% |
| Operating profit (loss) | 9901 | €92,215 | -€148,618 | -€240,833 | |
| Financial income | 75/76B | €1,448 | €181 | -€1,268 | -87.5% |
| Recurring financial income | 75 | €1,448 | €181 | -€1,268 | -87.5% |
| Financial charges | 65/66B | €30,574 | €75,221 | +€44,647 | +146.0% |
| Recurring financial charges | 65 | €30,574 | €75,221 | +€44,647 | +146.0% |
| Profit (loss) for the period before taxes | 9903 | €63,089 | -€223,658 | -€286,747 | |
| Income taxes | 67/77 | €19,677 | €656 | -€19,021 | -96.7% |
| Profit (loss) for the period | 9904 | €43,412 | -€224,314 | -€267,726 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,412 | -€224,314 | -€267,726 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.