DENTEMAX: 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.
DENTEMAX
Largest movements
- Cash +€58,949
up €58,949 (+51.5%), from €114,477 to €173,426
mainly Net result for the year (+€29,680) and Depreciation (+€28,465)
- Tangible fixed assets -€26,080
down €26,080 (-25.6%), from €101,972 to €75,892
of which Furniture and vehicles: -€23,147
- Receivables within one year -€17,739
down €17,739 (-67.2%), from €26,379 to €8,640
- Deferred charges and accrued income -€5,350
no longer reported in 2025 (was €5,350)
- Reserves +€28,182
up €28,182 (+15.2%), from €185,227 to €213,409
- Debts after one year -€25,804
down €25,804 (-66.5%), from €38,793 to €12,989
- Trade debts -€12,239
down €12,239 (-84.1%), from €14,558 to €2,319
- Tax, wage and social debts +€12,065
up €12,065 (+138%), from €8,745 to €20,810
of which Taxes: +€11,733
- Accrued charges and deferred income +€6,000
new in 2025: €6,000
- Gross operating margin +€59,163
up €59,163 (+123%), from €48,170 to €107,333
- Turnover +€54,021
up €54,021 (+16.7%), from €323,445 to €377,466
- Taxes +€11,782
up €11,782 (+3,813%), from €309 to €12,091
- Write-downs +€11,543
new in 2025: €11,543
- Purchases and services -€5,131
down €5,131 (-1.8%), from €281,930 to €276,799
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 | €349,629 | €358,753 | +€9,124 | +2.6% |
| Fixed assets | 21/28 | €103,423 | €76,687 | -€26,736 | -25.9% |
| Intangible fixed assets | 21 | €1,076 | €420 | -€656 | -61.0% |
| Tangible fixed assets | 22/27 | €101,972 | €75,892 | -€26,080 | -25.6% |
| Land and buildings | 22 | €16,902 | €15,162 | -€1,740 | -10.3% |
| Plant, machinery and equipment | 23 | €2,728 | €2,873 | +€145 | +5.3% |
| Furniture and vehicles | 24 | €77,609 | €54,462 | -€23,147 | -29.8% |
| Other tangible fixed assets | 26 | €4,733 | €3,395 | -€1,338 | -28.3% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €246,206 | €282,066 | +€35,860 | +14.6% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,379 | €8,640 | -€17,739 | -67.2% |
| Trade receivables | 40 | €26,379 | €8,640 | -€17,739 | -67.2% |
| Cash at bank and in hand | 54/58 | €114,477 | €173,426 | +€58,949 | +51.5% |
| Deferred charges and accrued income | 490/1 | €5,350 | - | -€5,350 | |
| Total equity and liabilities | 10/49 | €349,629 | €358,753 | +€9,124 | +2.6% |
| Equity | 10/15 | €258,879 | €288,559 | +€29,680 | +11.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €185,227 | €213,409 | +€28,182 | +15.2% |
| Distributable reserves | 133 | €185,227 | €213,409 | +€28,182 | +15.2% |
| Profit (loss) carried forward | 14 | €23,652 | €25,150 | +€1,498 | +6.3% |
| Amounts payable | 17/49 | €90,750 | €70,194 | -€20,556 | -22.7% |
| Amounts payable after more than one year | 17 | €38,793 | €12,989 | -€25,804 | -66.5% |
| Financial debts | 170/4 | €38,793 | €12,989 | -€25,804 | -66.5% |
| Amounts payable within one year | 42/48 | €51,957 | €51,205 | -€752 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €25,575 | €25,803 | +€228 | +0.9% |
| Trade debts | 44 | €14,558 | €2,319 | -€12,239 | -84.1% |
| Suppliers | 440/4 | €14,558 | €2,319 | -€12,239 | -84.1% |
| Taxes, remuneration and social security | 45 | €8,745 | €20,810 | +€12,065 | +138% |
| Taxes | 450/3 | €4,559 | €16,292 | +€11,733 | +257% |
| Remuneration and social security | 454/9 | €4,186 | €4,518 | +€332 | +7.9% |
| Other amounts payable | 47/48 | €3,079 | €2,273 | -€806 | -26.2% |
| Accrued charges and deferred income | 492/3 | - | €6,000 | +€6,000 | |
| Turnover | 70 | €323,445 | €377,466 | +€54,021 | +16.7% |
| Non-recurring operating income | 76A | €6,655 | €6,667 | +€12 | +0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €281,930 | €276,799 | -€5,131 | -1.8% |
| Remuneration, social security and pensions | 62 | €22,812 | €23,669 | +€857 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,242 | €28,465 | +€223 | +0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,543 | +€11,543 | |
| Other operating charges | 640/8 | €1,857 | €1,910 | +€53 | +2.9% |
| Non-recurring operating charges | 66A | €394 | €282 | -€112 | -28.4% |
| Gross operating margin | 9900 | €48,170 | €107,333 | +€59,163 | +123% |
| Operating profit (loss) | 9901 | -€5,135 | €41,464 | +€46,599 | |
| Financial income | 75/76B | €1,579 | €1,444 | -€135 | -8.5% |
| Recurring financial income | 75 | €1,579 | €1,444 | -€135 | -8.5% |
| Financial charges | 65/66B | €1,935 | €1,137 | -€798 | -41.2% |
| Recurring financial charges | 65 | €1,280 | €1,137 | -€143 | -11.2% |
| Non-recurring financial charges | 66B | €655 | - | -€655 | |
| Profit (loss) for the period before taxes | 9903 | -€5,491 | €41,771 | +€47,262 | |
| Income taxes | 67/77 | €309 | €12,091 | +€11,782 | +3,813% |
| Profit (loss) for the period | 9904 | -€5,800 | €29,680 | +€35,480 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,800 | €29,680 | +€35,480 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.