HD 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.
What changed
HD DENTAL
NACE 86.230, Dental practice
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€833,996
2024 · €735,099+€98,897
Equity
€21,459
2024 · €20,463+€996
Cash
€728,590
2024 · €611,960+€116,630
Balance sheet total
€970,428
2024 · €904,449+€65,978
Largest movements
Assets
- Cash +€116,630
up €116,630 (+19.1%), from €611,960 to €728,590
mainly Net result for the year (+€833,996) and Other debts (+€98,071)
- Tangible fixed assets -€54,173
down €54,173 (-22.1%), from €245,274 to €191,102
- Receivables within one year +€24,534
up €24,534 (+306%), from €8,009 to €32,543
of which Other amounts receivable: +€22,404
- Deferred charges and accrued income -€12,217
down €12,217 (-54.7%), from €22,354 to €10,137
Equity and liabilities
- Other debts +€98,071
up €98,071 (+13.0%), from €756,759 to €854,829
- Debts after one year -€23,481
down €23,481 (-41.5%), from €56,540 to €33,058
Income statement
- Gross operating margin +€135,634
up €135,634 (+11.8%), from €1.1m to €1.3m
- Taxes +€32,128
up €32,128 (+13.3%), from €240,919 to €273,047
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.
Result 2024
€735,099
Gross operating margin
+€135,634
Staff costs
-€7,214
Depreciation
+€834
Other operating charges
-€16
Financial income
+€1,502
Financial charges
+€285
Taxes
-€32,128
Result 2025
€833,996
raises the resultlowers the result
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.
From operations
+€1.0m
Investment
-€22,970
Financing
-€862,899
Cash 2024
€611,960
From operations (derived)
+€1.0m
Net result for the year
+€833,996
Depreciation
+€85,143
Stocks and contracts
+€796
Receivables within one year
-€24,534
Deferred charges and accrued income
+€12,217
Trade debts
+€5,531
Tax, wage and social debts
-€5,706
Other debts
+€98,071
Accrued charges and deferred income
-€3,014
Investment (derived)
-€22,970
Investment in fixed assets (net)
-€22,970
Financing
-€862,899
Debts after one year
-€23,481
Current portion of long-term debt
-€6,418
Contributions, distributions and other
-€833,000
Cash 2025
€728,590
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €904,449 | €970,428 | +€65,978 | +7.3% |
| Fixed assets | 21/28 | €257,299 | €195,127 | -€62,173 | -24.2% |
| Intangible fixed assets | 21 | €12,000 | €4,000 | -€8,000 | -66.7% |
| Tangible fixed assets | 22/27 | €245,274 | €191,102 | -€54,173 | -22.1% |
| Land and buildings | 22 | €99,258 | €75,180 | -€24,078 | -24.3% |
| Plant, machinery and equipment | 23 | €82,314 | €70,161 | -€12,153 | -14.8% |
| Furniture and vehicles | 24 | €48,041 | €35,090 | -€12,952 | -27.0% |
| Other tangible fixed assets | 26 | €15,661 | €10,670 | -€4,990 | -31.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €647,150 | €775,301 | +€128,151 | +19.8% |
| Stocks and contracts in progress | 3 | €4,827 | €4,032 | -€796 | -16.5% |
| Stocks | 30/36 | €4,827 | €4,032 | -€796 | -16.5% |
| Amounts receivable within one year | 40/41 | €8,009 | €32,543 | +€24,534 | +306% |
| Trade receivables | 40 | €8,009 | €10,139 | +€2,130 | +26.6% |
| Other amounts receivable | 41 | - | €22,404 | +€22,404 | |
| Cash at bank and in hand | 54/58 | €611,960 | €728,590 | +€116,630 | +19.1% |
| Deferred charges and accrued income | 490/1 | €22,354 | €10,137 | -€12,217 | -54.7% |
| Total equity and liabilities | 10/49 | €904,449 | €970,428 | +€65,978 | +7.3% |
| Equity | 10/15 | €20,463 | €21,459 | +€996 | +4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3 | €999 | +€996 | +35,446% |
| Amounts payable | 17/49 | €883,987 | €948,969 | +€64,982 | +7.4% |
| Amounts payable after more than one year | 17 | €56,540 | €33,058 | -€23,481 | -41.5% |
| Financial debts | 170/4 | €56,540 | €33,058 | -€23,481 | -41.5% |
| Amounts payable within one year | 42/48 | €820,833 | €912,310 | +€91,477 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €29,899 | €23,481 | -€6,418 | -21.5% |
| Trade debts | 44 | €12,291 | €17,822 | +€5,531 | +45.0% |
| Suppliers | 440/4 | €12,291 | €17,822 | +€5,531 | +45.0% |
| Taxes, remuneration and social security | 45 | €21,884 | €16,178 | -€5,706 | -26.1% |
| Taxes | 450/3 | €10,919 | - | -€10,919 | |
| Remuneration and social security | 454/9 | €10,965 | €16,178 | +€5,213 | +47.5% |
| Other amounts payable | 47/48 | €756,759 | €854,829 | +€98,071 | +13.0% |
| Accrued charges and deferred income | 492/3 | €6,614 | €3,600 | -€3,014 | -45.6% |
| Remuneration, social security and pensions | 62 | €84,110 | €91,324 | +€7,214 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,977 | €85,143 | -€834 | -1.0% |
| Other operating charges | 640/8 | €1,863 | €1,880 | +€16 | +0.9% |
| Gross operating margin | 9900 | €1,149,015 | €1,284,649 | +€135,634 | +11.8% |
| Operating profit (loss) | 9901 | €977,066 | €1,106,303 | +€129,237 | +13.2% |
| Financial income | 75/76B | - | €1,502 | +€1,502 | |
| Recurring financial income | 75 | - | €1,502 | +€1,502 | |
| Financial charges | 65/66B | €1,048 | €763 | -€285 | -27.2% |
| Recurring financial charges | 65 | €1,048 | €763 | -€285 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €976,018 | €1,107,043 | +€131,025 | +13.4% |
| Income taxes | 67/77 | €240,919 | €273,047 | +€32,128 | +13.3% |
| Profit (loss) for the period | 9904 | €735,099 | €833,996 | +€98,897 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €735,099 | €833,996 | +€98,897 | +13.5% |
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 16 October 2026 via checked.be.