IM ORTHO: what changed
What changed
IM ORTHO
NACE 86.230, Dental practice
filed annual accounts (NBB)
Net result for the year
€93,778
2024 · €125,376-€31,597
Equity
€369,025
2024 · €502,878-€133,853
Cash
€575,902
2024 · €466,358+€109,544
Balance sheet total
€620,078
2024 · €531,426+€88,653
Largest movements
Assets
- Cash +€109,544
up €109,544 (+23.5%), from €466,358 to €575,902
mainly Other debts (+€218,036) and Net result for the year (+€93,778)
- Tangible fixed assets -€14,892
down €14,892 (-25.9%), from €57,420 to €42,528
of which Furniture and vehicles: -€12,802
Equity and liabilities
- Other debts +€218,036
up €218,036 (+89,734%), from €243 to €218,279
- Reserves -€133,853
down €133,853 (-27.3%), from €490,378 to €356,525
of which Distributable reserves: -€133,853
Income statement
- Gross operating margin -€39,074
down €39,074 (-18.5%), from €211,132 to €172,058
- Taxes -€4,913
down €4,913 (-10.0%), from €49,346 to €44,432
- Depreciation -€2,738
down €2,738 (-15.5%), from €17,629 to €14,892
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
€125,376
Gross operating margin
-€39,074
Staff costs
-€373
Depreciation
+€2,738
Other operating charges
+€175
Financial income
-€0
Financial charges
+€23
Taxes
+€4,913
Result 2025
€93,778
raises the resultlowers the result
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
+€337,175
Investment
€0
Financing
-€227,631
Cash 2024
€466,358
From operations (derived)
+€337,175
Net result for the year
+€93,778
Depreciation
+€14,892
Receivables within one year
+€6,000
Trade debts
+€4,372
Tax, wage and social debts
-€1,168
Other debts
+€218,036
Accrued charges and deferred income
+€1,265
Financing
-€227,631
Contributions, distributions and other
-€227,631
Cash 2025
€575,902
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €531,426 | €620,078 | +€88,653 | +16.7% |
| Fixed assets | 21/28 | €58,120 | €43,228 | -€14,892 | -25.6% |
| Tangible fixed assets | 22/27 | €57,420 | €42,528 | -€14,892 | -25.9% |
| Plant, machinery and equipment | 23 | €1,400 | - | -€1,400 | |
| Furniture and vehicles | 24 | €55,331 | €42,528 | -€12,802 | -23.1% |
| Other tangible fixed assets | 26 | €689 | - | -€689 | |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €473,305 | €576,850 | +€103,544 | +21.9% |
| Amounts receivable within one year | 40/41 | €6,000 | - | -€6,000 | |
| Trade receivables | 40 | €6,000 | - | -€6,000 | |
| Cash at bank and in hand | 54/58 | €466,358 | €575,902 | +€109,544 | +23.5% |
| Deferred charges and accrued income | 490/1 | €948 | €948 | = | 0.0% |
| Total equity and liabilities | 10/49 | €531,426 | €620,078 | +€88,653 | +16.7% |
| Equity | 10/15 | €502,878 | €369,025 | -€133,853 | -26.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Contributions outside capital | 11 | €12,500 | €12,500 | = | 0.0% |
| Other | 1109/19 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €490,378 | €356,525 | -€133,853 | -27.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €488,518 | €354,665 | -€133,853 | -27.4% |
| Amounts payable | 17/49 | €28,548 | €251,053 | +€222,505 | +779% |
| Amounts payable within one year | 42/48 | €28,548 | €249,788 | +€221,240 | +775% |
| Trade debts | 44 | €2,298 | €6,670 | +€4,372 | +190% |
| Suppliers | 440/4 | €2,298 | €6,670 | +€4,372 | +190% |
| Taxes, remuneration and social security | 45 | €26,006 | €24,839 | -€1,168 | -4.5% |
| Taxes | 450/3 | €22,277 | €16,279 | -€5,998 | -26.9% |
| Remuneration and social security | 454/9 | €3,729 | €8,560 | +€4,831 | +130% |
| Other amounts payable | 47/48 | €243 | €218,279 | +€218,036 | +89,734% |
| Accrued charges and deferred income | 492/3 | - | €1,265 | +€1,265 | |
| Remuneration, social security and pensions | 62 | €16,633 | €17,005 | +€373 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,629 | €14,892 | -€2,738 | -15.5% |
| Other operating charges | 640/8 | €1,669 | €1,493 | -€175 | -10.5% |
| Gross operating margin | 9900 | €211,132 | €172,058 | -€39,074 | -18.5% |
| Operating profit (loss) | 9901 | €175,201 | €138,667 | -€36,534 | -20.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -27.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -27.3% |
| Financial charges | 65/66B | €480 | €457 | -€23 | -4.8% |
| Recurring financial charges | 65 | €480 | €457 | -€23 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €174,721 | €138,211 | -€36,511 | -20.9% |
| Income taxes | 67/77 | €49,346 | €44,432 | -€4,913 | -10.0% |
| Profit (loss) for the period | 9904 | €125,376 | €93,778 | -€31,597 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €125,376 | €93,778 | -€31,597 | -25.2% |
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 5 November 2026 via checked.be.