GOOD COMPANY: what changed
What changed
GOOD COMPANY
NACE 86.230, Dental practice
filed annual accounts (NBB)
Net result for the year
€232,678
2024 · €350,815-€118,137
Equity
€1.2m
2024 · €1.5m-€221,570
Cash
€300,386
2024 · €251,080+€49,306
Balance sheet total
€1.9m
2024 · €2.0m-€154,439
Largest movements
Assets
- Receivables within one year -€404,986
down €404,986 (-87.1%), from €464,844 to €59,858
of which Trade receivables: -€322,779
- Tangible fixed assets +€174,939
up €174,939 (+17.8%), from €981,315 to €1.2m
of which Land and buildings: +€197,411
- Cash +€49,306
up €49,306 (+19.6%), from €251,080 to €300,386
mainly Receivables within one year (+€404,986) and Net result for the year (+€232,678)
Equity and liabilities
- Reserves -€181,728
down €181,728 (-17.2%), from €1.1m to €875,148
of which Distributable reserves: -€178,935
- Other debts +€90,837
up €90,837 (+202%), from €45,000 to €135,837
- Debts after one year -€88,313
down €88,313 (-27.2%), from €325,089 to €236,776
- Tax, wage and social debts +€65,678
up €65,678 (+168%), from €38,981 to €104,660
of which Taxes: +€57,475
- Profit (loss) carried forward -€45,000
down €45,000 (-14.3%), from €315,416 to €270,416
Income statement
- Gross operating margin -€155,811
down €155,811 (-21.1%), from €736,810 to €581,000
- Taxes -€29,046
down €29,046 (-22.0%), from €131,977 to €102,932
- Other operating charges +€25,429
up €25,429 (+159%), from €15,988 to €41,416
- Staff costs +€22,969
up €22,969 (+24.8%), from €92,563 to €115,532
- Depreciation -€22,169
down €22,169 (-20.3%), from €109,184 to €87,015
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€350,815
Gross operating margin
-€155,811
Staff costs
-€22,969
Depreciation
+€22,169
Other operating charges
-€25,429
Financial income
+€6,206
Financial charges
+€20,957
Taxes
+€29,046
Deferred taxes and other
+€7,694
Result 2025
€232,678
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€867,111
Investment
-€275,857
Financing
-€541,948
Cash 2024
€251,080
From operations (derived)
+€867,111
Net result for the year
+€232,678
Depreciation
+€87,015
Stocks and contracts
-€6,391
Receivables within one year
+€404,986
Deferred charges and accrued income
-€6,008
Smaller working-capital items
-€1,685
Tax, wage and social debts
+€65,678
Other debts
+€90,837
Investment (derived)
-€275,857
Investment in fixed assets (net)
-€261,954
Current investments
-€13,903
Financing
-€541,948
Debts after one year
-€88,313
Current portion of long-term debt
+€613
Contributions, distributions and other
-€454,249
Cash 2025
€300,386
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,023,045 | €1,868,606 | -€154,439 | -7.6% |
| Fixed assets | 21/28 | €982,719 | €1,157,658 | +€174,939 | +17.8% |
| Tangible fixed assets | 22/27 | €981,315 | €1,156,254 | +€174,939 | +17.8% |
| Land and buildings | 22 | €853,112 | €1,050,522 | +€197,411 | +23.1% |
| Plant, machinery and equipment | 23 | €46,664 | €44,933 | -€1,731 | -3.7% |
| Furniture and vehicles | 24 | €81,540 | €60,799 | -€20,741 | -25.4% |
| Financial fixed assets | 28 | €1,404 | €1,404 | = | 0.0% |
| Current assets | 29/58 | €1,040,326 | €710,948 | -€329,378 | -31.7% |
| Stocks and contracts in progress | 3 | €16,805 | €23,197 | +€6,391 | +38.0% |
| Stocks | 30/36 | €16,805 | €23,197 | +€6,391 | +38.0% |
| Amounts receivable within one year | 40/41 | €464,844 | €59,858 | -€404,986 | -87.1% |
| Trade receivables | 40 | €322,779 | - | -€322,779 | |
| Other amounts receivable | 41 | €142,065 | €59,858 | -€82,207 | -57.9% |
| Current investments | 50/53 | €301,305 | €315,208 | +€13,903 | +4.6% |
| Cash at bank and in hand | 54/58 | €251,080 | €300,386 | +€49,306 | +19.6% |
| Deferred charges and accrued income | 490/1 | €6,292 | €12,299 | +€6,008 | +95.5% |
| Total equity and liabilities | 10/49 | €2,023,045 | €1,868,606 | -€154,439 | -7.6% |
| Equity | 10/15 | €1,470,635 | €1,249,065 | -€221,570 | -15.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Revaluation surpluses | 12 | €92,146 | €97,304 | +€5,158 | +5.6% |
| Reserves | 13 | €1,056,876 | €875,148 | -€181,728 | -17.2% |
| Tax-exempt reserves | 132 | €31,076 | €28,283 | -€2,793 | -9.0% |
| Distributable reserves | 133 | €1,025,800 | €846,865 | -€178,935 | -17.4% |
| Profit (loss) carried forward | 14 | €315,416 | €270,416 | -€45,000 | -14.3% |
| Provisions and deferred taxes | 16 | €6,996 | €6,298 | -€698 | -10.0% |
| Deferred taxes | 168 | €6,996 | €6,298 | -€698 | -10.0% |
| Amounts payable | 17/49 | €545,414 | €613,244 | +€67,830 | +12.4% |
| Amounts payable after more than one year | 17 | €325,089 | €236,776 | -€88,313 | -27.2% |
| Financial debts | 170/4 | €325,089 | €236,776 | -€88,313 | -27.2% |
| Amounts payable within one year | 42/48 | €220,325 | €376,468 | +€156,142 | +70.9% |
| Current portion of amounts payable after more than one year | 42 | €112,922 | €113,535 | +€613 | +0.5% |
| Trade debts | 44 | €23,422 | €22,435 | -€987 | -4.2% |
| Suppliers | 440/4 | €23,422 | €22,435 | -€987 | -4.2% |
| Taxes, remuneration and social security | 45 | €38,981 | €104,660 | +€65,678 | +168% |
| Taxes | 450/3 | €32,283 | €89,758 | +€57,475 | +178% |
| Remuneration and social security | 454/9 | €6,698 | €14,902 | +€8,204 | +122% |
| Other amounts payable | 47/48 | €45,000 | €135,837 | +€90,837 | +202% |
| Remuneration, social security and pensions | 62 | €92,563 | €115,532 | +€22,969 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,184 | €87,015 | -€22,169 | -20.3% |
| Other operating charges | 640/8 | €15,988 | €41,416 | +€25,429 | +159% |
| Gross operating margin | 9900 | €736,810 | €581,000 | -€155,811 | -21.1% |
| Operating profit (loss) | 9901 | €519,076 | €337,036 | -€182,040 | -35.1% |
| Financial income | 75/76B | €2,270 | €8,476 | +€6,206 | +273% |
| Recurring financial income | 75 | €2,270 | €8,476 | +€6,206 | +273% |
| Financial charges | 65/66B | €31,558 | €10,601 | -€20,957 | -66.4% |
| Recurring financial charges | 65 | €31,558 | €10,601 | -€20,957 | -66.4% |
| Profit (loss) for the period before taxes | 9903 | €489,788 | €334,912 | -€154,877 | -31.6% |
| Transfer from deferred taxes | 780 | €660 | €698 | +€39 | +5.9% |
| Transfer to deferred taxes | 680 | €7,655 | - | -€7,655 | |
| Income taxes | 67/77 | €131,977 | €102,932 | -€29,046 | -22.0% |
| Profit (loss) for the period | 9904 | €350,815 | €232,678 | -€118,137 | -33.7% |
| Transfer from tax-exempt reserves | 789 | €2,638 | €2,793 | +€155 | +5.9% |
| Transfer to tax-exempt reserves | 689 | €30,622 | - | -€30,622 | |
| Profit (loss) for the period to be appropriated | 9905 | €322,831 | €235,471 | -€87,360 | -27.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.