DENTALI: 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.
DENTALI
Largest movements
- Cash +€53,849
up €53,849 (+48.1%), from €111,889 to €165,739
mainly Net result for the year (+€45,208) and Depreciation (+€14,147)
- Receivables within one year -€12,885
down €12,885 (-23.0%), from €56,056 to €43,171
of which Trade receivables: -€16,781
- Reserves +€45,208
up €45,208 (+13.0%), from €348,804 to €394,012
of which Distributable reserves: +€45,208
- Debts after one year -€11,362
down €11,362 (-9.7%), from €117,287 to €105,925
- Tax, wage and social debts -€6,715
down €6,715 (-44.3%), from €15,159 to €8,444
- Gross operating margin -€35,934
down €35,934 (-27.9%), from €128,672 to €92,738
- Depreciation -€25,710
down €25,710 (-64.5%), from €39,857 to €14,147
- Financial charges +€5,381
up €5,381 (+80.5%), from €6,682 to €12,063
- Taxes -€4,531
down €4,531 (-20.8%), from €21,791 to €17,261
- Other operating charges -€1,318
down €1,318 (-24.5%), from €5,377 to €4,059
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 | €529,014 | €563,484 | +€34,470 | +6.5% |
| Fixed assets | 21/28 | €300,320 | €298,070 | -€2,250 | -0.7% |
| Tangible fixed assets | 22/27 | €300,320 | €298,070 | -€2,250 | -0.7% |
| Land and buildings | 22 | €269,941 | €275,704 | +€5,764 | +2.1% |
| Plant, machinery and equipment | 23 | €15,900 | €13,798 | -€2,102 | -13.2% |
| Furniture and vehicles | 24 | €14,479 | €8,568 | -€5,911 | -40.8% |
| Current assets | 29/58 | €228,695 | €265,414 | +€36,719 | +16.1% |
| Stocks and contracts in progress | 3 | €57,067 | €54,065 | -€3,002 | -5.3% |
| Stocks | 30/36 | €57,067 | €54,065 | -€3,002 | -5.3% |
| Amounts receivable within one year | 40/41 | €56,056 | €43,171 | -€12,885 | -23.0% |
| Trade receivables | 40 | €55,580 | €38,799 | -€16,781 | -30.2% |
| Other amounts receivable | 41 | €476 | €4,372 | +€3,895 | +818% |
| Cash at bank and in hand | 54/58 | €111,889 | €165,739 | +€53,849 | +48.1% |
| Deferred charges and accrued income | 490/1 | €3,682 | €2,440 | -€1,242 | -33.7% |
| Total equity and liabilities | 10/49 | €529,014 | €563,484 | +€34,470 | +6.5% |
| Equity | 10/15 | €373,593 | €418,801 | +€45,208 | +12.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €348,804 | €394,012 | +€45,208 | +13.0% |
| Tax-exempt reserves | 132 | €12,999 | €12,999 | = | 0.0% |
| Distributable reserves | 133 | €335,805 | €381,013 | +€45,208 | +13.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €155,421 | €144,683 | -€10,738 | -6.9% |
| Amounts payable after more than one year | 17 | €117,287 | €105,925 | -€11,362 | -9.7% |
| Financial debts | 170/4 | €117,287 | €105,925 | -€11,362 | -9.7% |
| Amounts payable within one year | 42/48 | €38,134 | €38,758 | +€624 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €10,932 | €11,362 | +€430 | +3.9% |
| Trade debts | 44 | €5,051 | €8,229 | +€3,178 | +62.9% |
| Suppliers | 440/4 | €5,051 | €8,229 | +€3,178 | +62.9% |
| Taxes, remuneration and social security | 45 | €15,159 | €8,444 | -€6,715 | -44.3% |
| Taxes | 450/3 | €15,159 | €8,444 | -€6,715 | -44.3% |
| Other amounts payable | 47/48 | €6,992 | €10,722 | +€3,730 | +53.3% |
| Non-recurring operating income | 76A | - | €5,678 | +€5,678 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,857 | €14,147 | -€25,710 | -64.5% |
| Other operating charges | 640/8 | €5,377 | €4,059 | -€1,318 | -24.5% |
| Gross operating margin | 9900 | €128,672 | €92,738 | -€35,934 | -27.9% |
| Operating profit (loss) | 9901 | €83,438 | €74,532 | -€8,906 | -10.7% |
| Financial income | 75/76B | €212 | €0 | -€212 | -100.0% |
| Recurring financial income | 75 | €212 | €0 | -€212 | -100.0% |
| Financial charges | 65/66B | €6,682 | €12,063 | +€5,381 | +80.5% |
| Recurring financial charges | 65 | €6,682 | €12,063 | +€5,381 | +80.5% |
| Profit (loss) for the period before taxes | 9903 | €76,968 | €62,469 | -€14,499 | -18.8% |
| Income taxes | 67/77 | €21,791 | €17,261 | -€4,531 | -20.8% |
| Profit (loss) for the period | 9904 | €55,177 | €45,208 | -€9,969 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,177 | €45,208 | -€9,969 | -18.1% |
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 29 October 2026 via checked.be.