GAP DENTAL: 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.
GAP DENTAL
Largest movements
- Current investments +€97,755
up €97,755 (+20.2%), from €483,338 to €581,094
- Tangible fixed assets -€38,505
down €38,505 (-36.2%), from €106,467 to €67,962
of which Plant, machinery and equipment: -€25,184
- Receivables within one year -€19,450
down €19,450 (-69.4%), from €28,009 to €8,560
of which Other amounts receivable: -€14,317
- Cash +€10,667
up €10,667 (+18.5%), from €57,712 to €68,380
mainly Net result for the year (+€111,170) and Other debts (+€38,817)
- Reserves +€41,170
up €41,170 (+8.0%), from €514,079 to €555,250
- Other debts +€38,817
up €38,817 (+134%), from €29,069 to €67,886
- Current portion of long-term debt -€23,496
down €23,496 (-66.2%), from €35,496 to €12,000
- Debts after one year -€12,000
no longer reported in 2025 (was €12,000)
- Depreciation -€29,157
down €29,157 (-43.1%), from €67,662 to €38,505
- Financial income +€17,757
up €17,757 (+134%), from €13,299 to €31,056
- Gross operating margin -€12,895
down €12,895 (-5.6%), from €230,308 to €217,413
- Financial charges -€8,285
down €8,285 (-91.9%), from €9,011 to €727
- Taxes +€7,445
up €7,445 (+18.2%), from €40,892 to €48,337
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 | €679,011 | €731,015 | +€52,004 | +7.7% |
| Fixed assets | 21/28 | €106,467 | €67,962 | -€38,505 | -36.2% |
| Tangible fixed assets | 22/27 | €106,467 | €67,962 | -€38,505 | -36.2% |
| Plant, machinery and equipment | 23 | €40,926 | €15,742 | -€25,184 | -61.5% |
| Furniture and vehicles | 24 | €3,057 | €1,605 | -€1,452 | -47.5% |
| Other tangible fixed assets | 26 | €62,484 | €50,615 | -€11,869 | -19.0% |
| Current assets | 29/58 | €572,544 | €663,053 | +€90,509 | +15.8% |
| Amounts receivable within one year | 40/41 | €28,009 | €8,560 | -€19,450 | -69.4% |
| Trade receivables | 40 | €10,269 | €5,136 | -€5,133 | -50.0% |
| Other amounts receivable | 41 | €17,741 | €3,424 | -€14,317 | -80.7% |
| Current investments | 50/53 | €483,338 | €581,094 | +€97,755 | +20.2% |
| Cash at bank and in hand | 54/58 | €57,712 | €68,380 | +€10,667 | +18.5% |
| Deferred charges and accrued income | 490/1 | €3,484 | €5,020 | +€1,536 | +44.1% |
| Total equity and liabilities | 10/49 | €679,011 | €731,015 | +€52,004 | +7.7% |
| Equity | 10/15 | €569,079 | €610,250 | +€41,170 | +7.2% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €514,079 | €555,250 | +€41,170 | +8.0% |
| Distributable reserves | 133 | €514,079 | €555,250 | +€41,170 | +8.0% |
| Amounts payable | 17/49 | €109,932 | €120,766 | +€10,834 | +9.9% |
| Amounts payable after more than one year | 17 | €12,000 | - | -€12,000 | |
| Financial debts | 170/4 | €12,000 | - | -€12,000 | |
| Amounts payable within one year | 42/48 | €97,747 | €120,766 | +€23,019 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €35,496 | €12,000 | -€23,496 | -66.2% |
| Trade debts | 44 | €9,350 | €10,442 | +€1,091 | +11.7% |
| Suppliers | 440/4 | €9,350 | €10,442 | +€1,091 | +11.7% |
| Taxes, remuneration and social security | 45 | €23,832 | €30,437 | +€6,606 | +27.7% |
| Taxes | 450/3 | €16,459 | €23,463 | +€7,004 | +42.6% |
| Remuneration and social security | 454/9 | €7,373 | €6,975 | -€398 | -5.4% |
| Other amounts payable | 47/48 | €29,069 | €67,886 | +€38,817 | +134% |
| Accrued charges and deferred income | 492/3 | €185 | - | -€185 | |
| Remuneration, social security and pensions | 62 | €40,996 | €47,782 | +€6,786 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,662 | €38,505 | -€29,157 | -43.1% |
| Other operating charges | 640/8 | €2,280 | €1,948 | -€332 | -14.6% |
| Gross operating margin | 9900 | €230,308 | €217,413 | -€12,895 | -5.6% |
| Operating profit (loss) | 9901 | €119,370 | €129,178 | +€9,808 | +8.2% |
| Financial income | 75/76B | €13,299 | €31,056 | +€17,757 | +134% |
| Recurring financial income | 75 | €13,299 | €31,056 | +€17,757 | +134% |
| Financial charges | 65/66B | €9,011 | €727 | -€8,285 | -91.9% |
| Recurring financial charges | 65 | €9,011 | €727 | -€8,285 | -91.9% |
| Profit (loss) for the period before taxes | 9903 | €123,658 | €159,508 | +€35,850 | +29.0% |
| Income taxes | 67/77 | €40,892 | €48,337 | +€7,445 | +18.2% |
| Profit (loss) for the period | 9904 | €82,766 | €111,170 | +€28,405 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,766 | €111,170 | +€28,405 | +34.3% |
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 19 October 2026 via checked.be.