DENTAL WAVE: 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.
DENTAL WAVE
Largest movements
- Cash +€73,122
up €73,122 (+95.3%), from €76,759 to €149,881
mainly Net result for the year (+€42,057) and Current investments (+€31,602)
- Current investments -€31,602
no longer reported in 2025 (was €31,602)
- Tangible fixed assets -€9,855
down €9,855 (-61.8%), from €15,957 to €6,102
of which Furniture and vehicles: -€5,564
- Reserves +€40,000
up €40,000 (+126%), from €31,860 to €71,860
- Current portion of long-term debt -€8,879
down €8,879 (-84.2%), from €10,549 to €1,669
- Trade debts -€2,771
down €2,771 (-70.5%), from €3,933 to €1,162
- Tax, wage and social debts +€2,607
up €2,607 (+533%), from €489 to €3,096
- Profit (loss) carried forward +€2,057
up €2,057 (+3.5%), from €58,604 to €60,661
- Gross operating margin +€11,816
up €11,816 (+17.5%), from €67,568 to €79,384
- Taxes +€1,887
up €1,887 (+11.5%), from €16,475 to €18,362
- Financial charges -€1,472
down €1,472 (-73.9%), from €1,992 to €520
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 | €133,703 | €165,575 | +€31,872 | +23.8% |
| Fixed assets | 21/28 | €15,957 | €6,102 | -€9,855 | -61.8% |
| Tangible fixed assets | 22/27 | €15,957 | €6,102 | -€9,855 | -61.8% |
| Land and buildings | 22 | €420 | €70 | -€350 | -83.3% |
| Plant, machinery and equipment | 23 | €7,651 | €3,710 | -€3,941 | -51.5% |
| Furniture and vehicles | 24 | €7,886 | €2,322 | -€5,564 | -70.6% |
| Current assets | 29/58 | €117,746 | €159,473 | +€41,727 | +35.4% |
| Stocks and contracts in progress | 3 | €7,254 | €5,933 | -€1,321 | -18.2% |
| Stocks | 30/36 | €7,254 | €5,933 | -€1,321 | -18.2% |
| Amounts receivable within one year | 40/41 | €539 | €539 | = | 0.0% |
| Trade receivables | 40 | €539 | €539 | = | 0.0% |
| Current investments | 50/53 | €31,602 | - | -€31,602 | |
| Cash at bank and in hand | 54/58 | €76,759 | €149,881 | +€73,122 | +95.3% |
| Deferred charges and accrued income | 490/1 | €1,592 | €3,120 | +€1,528 | +95.9% |
| Total equity and liabilities | 10/49 | €133,703 | €165,575 | +€31,872 | +23.8% |
| Equity | 10/15 | €109,064 | €151,121 | +€42,057 | +38.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,860 | €71,860 | +€40,000 | +126% |
| Distributable reserves | 133 | €31,860 | €71,860 | +€40,000 | +126% |
| Profit (loss) carried forward | 14 | €58,604 | €60,661 | +€2,057 | +3.5% |
| Amounts payable | 17/49 | €24,638 | €14,453 | -€10,185 | -41.3% |
| Amounts payable after more than one year | 17 | €1,418 | - | -€1,418 | |
| Financial debts | 170/4 | €1,418 | - | -€1,418 | |
| Amounts payable within one year | 42/48 | €23,221 | €14,453 | -€8,767 | -37.8% |
| Current portion of amounts payable after more than one year | 42 | €10,549 | €1,669 | -€8,879 | -84.2% |
| Trade debts | 44 | €3,933 | €1,162 | -€2,771 | -70.5% |
| Suppliers | 440/4 | €3,933 | €1,162 | -€2,771 | -70.5% |
| Taxes, remuneration and social security | 45 | €489 | €3,096 | +€2,607 | +533% |
| Taxes | 450/3 | €489 | €3,096 | +€2,607 | +533% |
| Other amounts payable | 47/48 | €8,249 | €8,526 | +€277 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,968 | €14,420 | -€548 | -3.7% |
| Other operating charges | 640/8 | €3,964 | €4,196 | +€232 | +5.8% |
| Gross operating margin | 9900 | €67,568 | €79,384 | +€11,816 | +17.5% |
| Operating profit (loss) | 9901 | €48,636 | €60,768 | +€12,132 | +24.9% |
| Financial income | 75/76B | €244 | €171 | -€74 | -30.2% |
| Recurring financial income | 75 | €244 | €171 | -€74 | -30.2% |
| Financial charges | 65/66B | €1,992 | €520 | -€1,472 | -73.9% |
| Recurring financial charges | 65 | €1,992 | €520 | -€1,472 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | €46,888 | €60,419 | +€13,531 | +28.9% |
| Income taxes | 67/77 | €16,475 | €18,362 | +€1,887 | +11.5% |
| Profit (loss) for the period | 9904 | €30,413 | €42,057 | +€11,644 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,413 | €42,057 | +€11,644 | +38.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.