DELORTHO: 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.
What changed
DELORTHO
NACE 86.230, Dental practice
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€455,449
2024 · €534,598-€79,150
Equity
€2.3m
2024 · €2.3m-€1,451
Cash
€2.0m
2024 · €1.8m+€194,298
Balance sheet total
€2.4m
2024 · €2.6m-€196,122
Largest movements
Assets
- Receivables after one year -€300,000
down €300,000 (-89.6%), from €335,000 to €35,000
- Cash +€194,298
up €194,298 (+10.7%), from €1.8m to €2.0m
mainly Net result for the year (+€455,449) and Receivables after one year (+€300,000)
- Tangible fixed assets -€89,767
down €89,767 (-21.3%), from €422,298 to €332,531
of which Furniture and vehicles: -€58,852
Equity and liabilities
- Other debts -€178,715
down €178,715 (-96.2%), from €185,725 to €7,010
Income statement
- Gross operating margin -€117,755
down €117,755 (-12.0%), from €981,634 to €863,879
- Taxes -€31,984
down €31,984 (-13.3%), from €240,225 to €208,241
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
€534,598
Gross operating margin
-€117,755
Staff costs
-€3,191
Depreciation
+€9,568
Other operating charges
-€526
Financial income
+€1
Financial charges
+€770
Taxes
+€31,984
Result 2025
€455,449
raises the resultlowers the result
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.
From operations
+€673,051
Investment
-€4,091
Financing
-€474,662
Cash 2024
€1.8m
From operations (derived)
+€673,051
Net result for the year
+€455,449
Depreciation
+€93,858
Receivables after one year
+€300,000
Receivables within one year
+€3,761
Deferred charges and accrued income
-€3,108
Trade debts
-€504
Tax, wage and social debts
+€2,311
Other debts
-€178,715
Investment (derived)
-€4,091
Investment in fixed assets (net)
-€4,091
Financing
-€474,662
Debts after one year
-€18,642
Current portion of long-term debt
+€880
Contributions, distributions and other
-€456,900
Cash 2025
€2.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,636,096 | €2,439,974 | -€196,122 | -7.4% |
| Fixed assets | 21/28 | €422,348 | €332,581 | -€89,767 | -21.3% |
| Tangible fixed assets | 22/27 | €422,298 | €332,531 | -€89,767 | -21.3% |
| Land and buildings | 22 | €21,600 | €13,500 | -€8,100 | -37.5% |
| Furniture and vehicles | 24 | €199,805 | €140,953 | -€58,852 | -29.5% |
| Other tangible fixed assets | 26 | €200,892 | €178,078 | -€22,814 | -11.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €2,213,748 | €2,107,393 | -€106,355 | -4.8% |
| Amounts receivable after more than one year | 29 | €335,000 | €35,000 | -€300,000 | -89.6% |
| Other amounts receivable | 291 | €335,000 | €35,000 | -€300,000 | -89.6% |
| Amounts receivable within one year | 40/41 | €48,315 | €44,554 | -€3,761 | -7.8% |
| Trade receivables | 40 | - | €1,128 | +€1,128 | |
| Other amounts receivable | 41 | €48,315 | €43,426 | -€4,889 | -10.1% |
| Cash at bank and in hand | 54/58 | €1,818,093 | €2,012,391 | +€194,298 | +10.7% |
| Deferred charges and accrued income | 490/1 | €12,340 | €15,448 | +€3,108 | +25.2% |
| Total equity and liabilities | 10/49 | €2,636,096 | €2,439,974 | -€196,122 | -7.4% |
| Equity | 10/15 | €2,329,989 | €2,328,537 | -€1,451 | -0.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €2,329,480 | €2,328,020 | -€1,460 | -0.1% |
| Tax-exempt reserves | 132 | €590 | €590 | = | 0.0% |
| Distributable reserves | 133 | €2,328,890 | €2,327,430 | -€1,460 | -0.1% |
| Profit (loss) carried forward | 14 | €8 | €17 | +€9 | +105% |
| Amounts payable | 17/49 | €306,107 | €111,437 | -€194,670 | -63.6% |
| Amounts payable after more than one year | 17 | €65,812 | €47,170 | -€18,642 | -28.3% |
| Financial debts | 170/4 | €65,812 | €47,170 | -€18,642 | -28.3% |
| Amounts payable within one year | 42/48 | €240,295 | €64,267 | -€176,028 | -73.3% |
| Current portion of amounts payable after more than one year | 42 | €17,762 | €18,642 | +€880 | +5.0% |
| Trade debts | 44 | €6,548 | €6,044 | -€504 | -7.7% |
| Suppliers | 440/4 | €6,548 | €6,044 | -€504 | -7.7% |
| Taxes, remuneration and social security | 45 | €30,259 | €32,571 | +€2,311 | +7.6% |
| Taxes | 450/3 | €24,409 | €26,535 | +€2,126 | +8.7% |
| Remuneration and social security | 454/9 | €5,850 | €6,036 | +€185 | +3.2% |
| Other amounts payable | 47/48 | €185,725 | €7,010 | -€178,715 | -96.2% |
| Remuneration, social security and pensions | 62 | €93,047 | €96,239 | +€3,191 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,426 | €93,858 | -€9,568 | -9.3% |
| Other operating charges | 640/8 | €5,276 | €5,802 | +€526 | +10.0% |
| Gross operating margin | 9900 | €981,634 | €863,879 | -€117,755 | -12.0% |
| Operating profit (loss) | 9901 | €779,885 | €667,980 | -€111,904 | -14.3% |
| Financial income | 75/76B | €3 | €4 | +€1 | +18.6% |
| Recurring financial income | 75 | €3 | €4 | +€1 | +18.6% |
| Financial charges | 65/66B | €5,064 | €4,295 | -€770 | -15.2% |
| Recurring financial charges | 65 | €5,064 | €4,295 | -€770 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €774,824 | €663,690 | -€111,134 | -14.3% |
| Income taxes | 67/77 | €240,225 | €208,241 | -€31,984 | -13.3% |
| Profit (loss) for the period | 9904 | €534,598 | €455,449 | -€79,150 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €534,598 | €455,449 | -€79,150 | -14.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.