DENTAL PROJECT DEVELOPMENT: 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.
DENTAL PROJECT DEVELOPMENT
Largest movements
- Cash -€235,162
down €235,162 (-95.7%), from €245,771 to €10,609
mainly Advances received (-€202,500) and Contributions, distributions and other (-€78,711)
- Stocks and contracts -€40,832
down €40,832 (-45.2%), from €90,388 to €49,557
of which Contracts in progress: -€36,497
- Receivables within one year +€28,821
up €28,821 (+16.9%), from €170,394 to €199,215
of which Trade receivables: +€27,919
- Tangible fixed assets -€17,529
down €17,529 (-84.6%), from €20,717 to €3,188
of which Furniture and vehicles: -€15,732
- Advances received -€202,500
no longer reported in 2025 (was €202,500)
- Profit (loss) carried forward -€66,606
down €66,606 (-74.6%), from €89,291 to €22,685
- Tax, wage and social debts -€45,815
down €45,815 (-56.1%), from €81,626 to €35,810
of which Taxes: -€35,307
- Trade debts +€42,691
new in 2025: €42,691
- Provisions +€30,000
up €30,000 (+57.1%), from €52,500 to €82,500
- Gross operating margin -€214,914
down €214,914 (-46.3%), from €463,868 to €248,954
- Staff costs -€47,224
down €47,224 (-19.9%), from €236,832 to €189,608
- Provisions -€22,500
down €22,500 (-42.9%), from €52,500 to €30,000
- Taxes -€6,704
down €6,704 (-75.2%), from €8,920 to €2,216
- Financial charges +€6,281
up €6,281 (+247.4%), from €2,539 to €8,820
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €534,621 | €265,332 | -€269,289 | -50.4% |
| Fixed assets | 21/28 | €20,717 | €3,188 | -€17,529 | -84.6% |
| Tangible fixed assets | 22/27 | €20,717 | €3,188 | -€17,529 | -84.6% |
| Plant, machinery and equipment | 23 | €1,797 | - | -€1,797 | |
| Furniture and vehicles | 24 | €18,920 | €3,188 | -€15,732 | -83.2% |
| Current assets | 29/58 | €513,904 | €262,145 | -€251,760 | -49.0% |
| Stocks and contracts in progress | 3 | €90,388 | €49,557 | -€40,832 | -45.2% |
| Stocks | 30/36 | €14,712 | €10,377 | -€4,335 | -29.5% |
| Contracts in progress | 37 | €75,676 | €39,180 | -€36,497 | -48.2% |
| Amounts receivable within one year | 40/41 | €170,394 | €199,215 | +€28,821 | +16.9% |
| Trade receivables | 40 | €86,145 | €114,063 | +€27,919 | +32.4% |
| Other amounts receivable | 41 | €84,249 | €85,152 | +€902 | +1.1% |
| Cash at bank and in hand | 54/58 | €245,771 | €10,609 | -€235,162 | -95.7% |
| Deferred charges and accrued income | 490/1 | €7,351 | €2,764 | -€4,587 | -62.4% |
| Total equity and liabilities | 10/49 | €534,621 | €265,332 | -€269,289 | -50.4% |
| Equity | 10/15 | €91,291 | €24,685 | -€66,606 | -73.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,291 | €22,685 | -€66,606 | -74.6% |
| Provisions and deferred taxes | 16 | €52,500 | €82,500 | +€30,000 | +57.1% |
| Provisions for liabilities and charges | 160/5 | €52,500 | €82,500 | +€30,000 | +57.1% |
| Other liabilities and charges | 164/5 | €52,500 | €82,500 | +€30,000 | +57.1% |
| Amounts payable | 17/49 | €390,831 | €158,148 | -€232,683 | -59.5% |
| Amounts payable after more than one year | 17 | €4,646 | €2,478 | -€2,168 | -46.7% |
| Financial debts | 170/4 | €4,646 | €2,478 | -€2,168 | -46.7% |
| Amounts payable within one year | 42/48 | €386,185 | €155,670 | -€230,515 | -59.7% |
| Current portion of amounts payable after more than one year | 42 | €2,059 | €2,168 | +€109 | +5.3% |
| Trade debts | 44 | - | €42,691 | +€42,691 | |
| Suppliers | 440/4 | - | €42,691 | +€42,691 | |
| Advances received on contracts in progress | 46 | €202,500 | - | -€202,500 | |
| Taxes, remuneration and social security | 45 | €81,626 | €35,810 | -€45,815 | -56.1% |
| Taxes | 450/3 | €61,038 | €25,731 | -€35,307 | -57.8% |
| Remuneration and social security | 454/9 | €20,588 | €10,079 | -€10,508 | -51.0% |
| Other amounts payable | 47/48 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Remuneration, social security and pensions | 62 | €236,832 | €189,608 | -€47,224 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,404 | €1,372 | -€4,033 | -74.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €52,500 | €30,000 | -€22,500 | -42.9% |
| Other operating charges | 640/8 | €6,760 | €6,585 | -€175 | -2.6% |
| Gross operating margin | 9900 | €463,868 | €248,954 | -€214,914 | -46.3% |
| Operating profit (loss) | 9901 | €162,372 | €21,390 | -€140,983 | -86.8% |
| Financial income | 75/76B | €893 | €1,751 | +€857 | +96.0% |
| Recurring financial income | 75 | €893 | €1,751 | +€857 | +96.0% |
| Financial charges | 65/66B | €2,539 | €8,820 | +€6,281 | +247.4% |
| Recurring financial charges | 65 | €2,539 | €8,820 | +€6,281 | +247.4% |
| Profit (loss) for the period before taxes | 9903 | €160,727 | €14,321 | -€146,406 | -91.1% |
| Income taxes | 67/77 | €8,920 | €2,216 | -€6,704 | -75.2% |
| Profit (loss) for the period | 9904 | €151,807 | €12,105 | -€139,702 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €151,807 | €12,105 | -€139,702 | -92.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.