GM 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.
GM Dental
Largest movements
- Receivables within one year +€15,266
up €15,266 (+28.9%), from €52,826 to €68,091
of which Trade receivables: +€28,467
- Deferred charges and accrued income +€12,139
up €12,139 (+1,012%), from €1,199 to €13,338
- Reserves +€15,463
up €15,463 (+20.7%), from €74,817 to €90,280
of which Distributable reserves: +€15,463
- Trade debts +€9,935
up €9,935 (+231%), from €4,294 to €14,228
- Other debts +€9,038
up €9,038 (+44.6%), from €20,256 to €29,294
- Current portion of long-term debt -€4,534
down €4,534 (-100%), from €4,534 to €0
- Gross operating margin +€31,468
up €31,468 (+113%), from €27,903 to €59,371
- Taxes +€8,756
up €8,756 (+115%), from €7,601 to €16,357
- Depreciation -€4,506
down €4,506 (-70.7%), from €6,371 to €1,865
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 | €130,018 | €159,411 | +€29,393 | +22.6% |
| Fixed assets | 21/28 | €4,781 | €6,076 | +€1,295 | +27.1% |
| Tangible fixed assets | 22/27 | €4,781 | €6,076 | +€1,295 | +27.1% |
| Furniture and vehicles | 24 | €0 | €2,417 | +€2,417 | |
| Other tangible fixed assets | 26 | €4,781 | €3,659 | -€1,122 | -23.5% |
| Current assets | 29/58 | €125,237 | €153,335 | +€28,098 | +22.4% |
| Amounts receivable after more than one year | 29 | €887 | €0 | -€887 | -100% |
| Other amounts receivable | 291 | €887 | €0 | -€887 | -100% |
| Amounts receivable within one year | 40/41 | €52,826 | €68,091 | +€15,266 | +28.9% |
| Trade receivables | 40 | €38,737 | €67,204 | +€28,467 | +73.5% |
| Other amounts receivable | 41 | €14,088 | €887 | -€13,202 | -93.7% |
| Cash at bank and in hand | 54/58 | €70,326 | €71,906 | +€1,580 | +2.2% |
| Deferred charges and accrued income | 490/1 | €1,199 | €13,338 | +€12,139 | +1,012% |
| Total equity and liabilities | 10/49 | €130,018 | €159,411 | +€29,393 | +22.6% |
| Equity | 10/15 | €81,017 | €96,480 | +€15,463 | +19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €74,817 | €90,280 | +€15,463 | +20.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €74,817 | €90,280 | +€15,463 | +20.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,001 | €62,931 | +€13,930 | +28.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €46,397 | €61,681 | +€15,284 | +32.9% |
| Current portion of amounts payable after more than one year | 42 | €4,534 | €0 | -€4,534 | -100% |
| Trade debts | 44 | €4,294 | €14,228 | +€9,935 | +231% |
| Suppliers | 440/4 | €4,294 | €14,228 | +€9,935 | +231% |
| Taxes, remuneration and social security | 45 | €17,314 | €18,159 | +€845 | +4.9% |
| Taxes | 450/3 | €15,134 | €15,895 | +€761 | +5.0% |
| Remuneration and social security | 454/9 | €2,180 | €2,264 | +€84 | +3.8% |
| Other amounts payable | 47/48 | €20,256 | €29,294 | +€9,038 | +44.6% |
| Accrued charges and deferred income | 492/3 | €2,604 | €1,250 | -€1,354 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,371 | €1,865 | -€4,506 | -70.7% |
| Other operating charges | 640/8 | €2,113 | €2,202 | +€89 | +4.2% |
| Gross operating margin | 9900 | €27,903 | €59,371 | +€31,468 | +113% |
| Operating profit (loss) | 9901 | €19,419 | €55,304 | +€35,885 | +185% |
| Financial income | 75/76B | €882 | €339 | -€543 | -61.6% |
| Recurring financial income | 75 | €882 | €339 | -€543 | -61.6% |
| Financial charges | 65/66B | €610 | €1,106 | +€496 | +81.2% |
| Recurring financial charges | 65 | €610 | €1,106 | +€496 | +81.2% |
| Profit (loss) for the period before taxes | 9903 | €19,690 | €54,536 | +€34,846 | +177% |
| Income taxes | 67/77 | €7,601 | €16,357 | +€8,756 | +115% |
| Profit (loss) for the period | 9904 | €12,089 | €38,179 | +€26,090 | +216% |
| Profit (loss) for the period to be appropriated | 9905 | €12,089 | €38,179 | +€26,090 | +216% |
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 1 November 2026 via checked.be.