Dokter Guy Odent: 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.
Dokter Guy Odent
Largest movements
- Receivables within one year -€209,157
down €209,157 (-76.5%), from €273,369 to €64,212
of which Trade receivables: -€119,520
- Cash +€49,085
up €49,085 (+130%), from €37,744 to €86,828
mainly Receivables within one year (+€209,157) and Net result for the year (+€132,206)
- Tangible fixed assets -€21,096
down €21,096 (-9.4%), from €224,376 to €203,280
of which Furniture and vehicles: -€17,678
- Other debts -€172,884
down €172,884 (-100%), from €172,884 to €0
- Reserves +€100,000
up €100,000 (+12.7%), from €785,083 to €885,083
- Trade debts -€55,312
down €55,312 (-87.8%), from €62,971 to €7,659
- Tax, wage and social debts -€54,905
down €54,905 (-92.8%), from €59,182 to €4,277
- Profit (loss) carried forward +€32,206
up €32,206 (+25.3%), from €127,249 to €159,455
- Gross operating margin -€227,062
down €227,062 (-46.2%), from €491,708 to €264,647
- Taxes -€27,068
down €27,068 (-47.9%), from €56,501 to €29,432
- Staff costs -€5,455
down €5,455 (-8.5%), from €64,238 to €58,783
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,368,389 | €1,195,021 | -€173,368 | -12.7% |
| Fixed assets | 21/28 | €224,454 | €203,358 | -€21,096 | -9.4% |
| Tangible fixed assets | 22/27 | €224,376 | €203,280 | -€21,096 | -9.4% |
| Land and buildings | 22 | €57,382 | €61,797 | +€4,415 | +7.7% |
| Plant, machinery and equipment | 23 | €23,374 | €15,541 | -€7,834 | -33.5% |
| Furniture and vehicles | 24 | €143,620 | €125,942 | -€17,678 | -12.3% |
| Financial fixed assets | 28 | €77 | €77 | = | 0.0% |
| Current assets | 29/58 | €1,143,935 | €991,663 | -€152,272 | -13.3% |
| Amounts receivable after more than one year | 29 | €831,089 | €831,089 | = | 0.0% |
| Other amounts receivable | 291 | €831,089 | €831,089 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €273,369 | €64,212 | -€209,157 | -76.5% |
| Trade receivables | 40 | €125,011 | €5,491 | -€119,520 | -95.6% |
| Other amounts receivable | 41 | €148,357 | €58,720 | -€89,637 | -60.4% |
| Current investments | 50/53 | €1,734 | €9,534 | +€7,800 | +450% |
| Cash at bank and in hand | 54/58 | €37,744 | €86,828 | +€49,085 | +130% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,368,389 | €1,195,021 | -€173,368 | -12.7% |
| Equity | 10/15 | €930,882 | €1,063,088 | +€132,206 | +14.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €785,083 | €885,083 | +€100,000 | +12.7% |
| Distributable reserves | 133 | €785,083 | €885,083 | +€100,000 | +12.7% |
| Profit (loss) carried forward | 14 | €127,249 | €159,455 | +€32,206 | +25.3% |
| Amounts payable | 17/49 | €437,507 | €131,933 | -€305,574 | -69.8% |
| Amounts payable after more than one year | 17 | €51,749 | €43,032 | -€8,717 | -16.8% |
| Financial debts | 170/4 | €51,749 | €43,032 | -€8,717 | -16.8% |
| Amounts payable within one year | 42/48 | €385,757 | €88,901 | -€296,857 | -77.0% |
| Current portion of amounts payable after more than one year | 42 | €40,720 | €26,965 | -€13,755 | -33.8% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €62,971 | €7,659 | -€55,312 | -87.8% |
| Suppliers | 440/4 | €62,971 | €7,659 | -€55,312 | -87.8% |
| Taxes, remuneration and social security | 45 | €59,182 | €4,277 | -€54,905 | -92.8% |
| Remuneration and social security | 454/9 | €59,182 | €4,277 | -€54,905 | -92.8% |
| Other amounts payable | 47/48 | €172,884 | €0 | -€172,884 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €40,000 | €0 | -€40,000 | -100% |
| Remuneration, social security and pensions | 62 | €64,238 | €58,783 | -€5,455 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,911 | €35,530 | +€619 | +1.8% |
| Other operating charges | 640/8 | €1,956 | €2,953 | +€997 | +51.0% |
| Gross operating margin | 9900 | €491,708 | €264,647 | -€227,062 | -46.2% |
| Operating profit (loss) | 9901 | €390,603 | €167,381 | -€223,222 | -57.1% |
| Financial income | 75/76B | €159 | €103 | -€56 | -35.0% |
| Recurring financial income | 75 | €159 | €103 | -€56 | -35.0% |
| Financial charges | 65/66B | €7,013 | €5,846 | -€1,167 | -16.6% |
| Recurring financial charges | 65 | €7,013 | €5,846 | -€1,167 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €383,749 | €161,638 | -€222,111 | -57.9% |
| Income taxes | 67/77 | €56,501 | €29,432 | -€27,068 | -47.9% |
| Profit (loss) for the period | 9904 | €327,249 | €132,206 | -€195,043 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €327,249 | €132,206 | -€195,043 | -59.6% |
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 28 October 2026 via checked.be.