HIFZI DENT: 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.
HIFZI DENT
Largest movements
- Receivables within one year +€54,669
up €54,669 (+18.0%), from €304,182 to €358,851
of which Other amounts receivable: +€30,723
- Cash +€14,854
up €14,854 (+109%), from €13,571 to €28,425
mainly Depreciation (+€90,995) and Debts after one year (+€44,643)
- Reserves +€436,238
up €436,238 (+267%), from €163,215 to €599,453
of which Non-distributable reserves: +€436,238
- Profit (loss) carried forward -€408,842
down €408,842 (-93.7%), from €436,238 to €27,396
- Debts after one year +€44,643
up €44,643 (+10.0%), from €448,117 to €492,760
- Tax, wage and social debts -€31,235
down €31,235 (-40.3%), from €77,461 to €46,226
of which Taxes: -€46,618
- Trade debts +€13,168
up €13,168 (+82.5%), from €15,968 to €29,136
- Turnover +€1.0m
new in 2025: €1.0m
- Purchases and services +€731,527
new in 2025: €731,527
- Gross operating margin -€121,464
down €121,464 (-31.0%), from €392,183 to €270,719
- Staff costs +€57,963
up €57,963 (+133%), from €43,545 to €101,507
- Taxes -€50,650
down €50,650 (-58.7%), from €86,354 to €35,704
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 | €1,219,782 | €1,285,367 | +€65,585 | +5.4% |
| Fixed assets | 21/28 | €902,029 | €898,091 | -€3,938 | -0.4% |
| Tangible fixed assets | 22/27 | €902,029 | €898,091 | -€3,938 | -0.4% |
| Land and buildings | 22 | €654,140 | €569,877 | -€84,263 | -12.9% |
| Plant, machinery and equipment | 23 | €29,968 | €38,679 | +€8,711 | +29.1% |
| Furniture and vehicles | 24 | €32,885 | - | -€32,885 | |
| Leasing and similar rights | 25 | - | €104,500 | +€104,500 | |
| Assets under construction and advance payments | 27 | €185,035 | €185,035 | -€0 | 0.0% |
| Current assets | 29/58 | €317,753 | €387,276 | +€69,523 | +21.9% |
| Amounts receivable within one year | 40/41 | €304,182 | €358,851 | +€54,669 | +18.0% |
| Trade receivables | 40 | - | €23,946 | +€23,946 | |
| Other amounts receivable | 41 | €304,182 | €334,905 | +€30,723 | +10.1% |
| Cash at bank and in hand | 54/58 | €13,571 | €28,425 | +€14,854 | +109% |
| Total equity and liabilities | 10/49 | €1,219,782 | €1,285,367 | +€65,585 | +5.4% |
| Equity | 10/15 | €601,953 | €629,349 | +€27,396 | +4.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €163,215 | €599,453 | +€436,238 | +267% |
| Non-distributable reserves | 130/1 | - | €436,238 | +€436,238 | |
| Other | 1319 | - | €436,238 | +€436,238 | |
| Distributable reserves | 133 | €163,215 | €163,215 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €436,238 | €27,396 | -€408,842 | -93.7% |
| Amounts payable | 17/49 | €617,829 | €656,018 | +€38,189 | +6.2% |
| Amounts payable after more than one year | 17 | €448,117 | €492,760 | +€44,643 | +10.0% |
| Financial debts | 170/4 | €448,117 | €492,760 | +€44,643 | +10.0% |
| Amounts payable within one year | 42/48 | €169,712 | €163,258 | -€6,454 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €36,284 | €47,896 | +€11,612 | +32.0% |
| Trade debts | 44 | €15,968 | €29,136 | +€13,168 | +82.5% |
| Suppliers | 440/4 | €15,968 | €29,136 | +€13,168 | +82.5% |
| Taxes, remuneration and social security | 45 | €77,461 | €46,226 | -€31,235 | -40.3% |
| Taxes | 450/3 | €64,251 | €17,633 | -€46,618 | -72.6% |
| Remuneration and social security | 454/9 | €13,210 | €28,593 | +€15,383 | +116% |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Turnover | 70 | - | €1,002,246 | +€1.0m | |
| Non-recurring operating income | 76A | - | €670 | +€670 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €731,527 | +€731,527 | |
| Remuneration, social security and pensions | 62 | €43,545 | €101,507 | +€57,963 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,821 | €90,995 | +€31,174 | +52.1% |
| Other operating charges | 640/8 | €15,633 | €7,053 | -€8,580 | -54.9% |
| Non-recurring operating charges | 66A | - | €2,612 | +€2,612 | |
| Gross operating margin | 9900 | €392,183 | €270,719 | -€121,464 | -31.0% |
| Operating profit (loss) | 9901 | €273,184 | €68,552 | -€204,632 | -74.9% |
| Financial income | 75/76B | €9,630 | €14,993 | +€5,363 | +55.7% |
| Recurring financial income | 75 | €9,630 | €14,993 | +€5,363 | +55.7% |
| Non-recurring financial income | 76B | €9,630 | - | -€9,630 | |
| Financial charges | 65/66B | €9,567 | €20,445 | +€10,878 | +114% |
| Recurring financial charges | 65 | €9,567 | €20,445 | +€10,878 | +114% |
| Non-recurring financial charges | 66B | €9,567 | - | -€9,567 | |
| Profit (loss) for the period before taxes | 9903 | €273,247 | €63,100 | -€210,147 | -76.9% |
| Income taxes | 67/77 | €86,354 | €35,704 | -€50,650 | -58.7% |
| Profit (loss) for the period | 9904 | €186,893 | €27,396 | -€159,497 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €186,893 | €27,396 | -€159,497 | -85.3% |
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 31 October 2026 via checked.be.