IN DENTE: 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.
IN DENTE
Largest movements
- Current investments -€194,405
down €194,405 (-64.5%), from €301,203 to €106,798
- Cash +€31,760
up €31,760 (+27.6%), from €115,201 to €146,961
mainly Current investments (+€194,405) and Net result for the year (+€191,701)
- Receivables within one year -€17,858
down €17,858 (-81.0%), from €22,050 to €4,192
of which Trade receivables: -€22,050
- Debts after one year -€189,916
no longer reported in 2025 (was €189,916)
- Reserves +€50,647
up €50,647 (+5.0%), from €1.0m to €1.1m
- Current portion of long-term debt -€35,723
no longer reported in 2025 (was €35,723)
- Gross operating margin -€36,474
down €36,474 (-9.3%), from €393,365 to €356,891
- Financial income +€7,894
up €7,894 (+91.7%), from €8,607 to €16,501
- Taxes -€7,600
down €7,600 (-8.2%), from €93,251 to €85,651
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 | €1,260,026 | €1,087,562 | -€172,464 | -13.7% |
| Fixed assets | 21/28 | €818,575 | €822,699 | +€4,125 | +0.5% |
| Tangible fixed assets | 22/27 | €818,575 | €822,699 | +€4,125 | +0.5% |
| Land and buildings | 22 | €588,959 | €604,513 | +€15,553 | +2.6% |
| Plant, machinery and equipment | 23 | €193,597 | €186,588 | -€7,009 | -3.6% |
| Furniture and vehicles | 24 | €17,308 | €13,795 | -€3,513 | -20.3% |
| Leasing and similar rights | 25 | €6,897 | €5,990 | -€907 | -13.1% |
| Other tangible fixed assets | 26 | €11,813 | €11,813 | = | 0.0% |
| Current assets | 29/58 | €441,451 | €264,863 | -€176,589 | -40.0% |
| Amounts receivable within one year | 40/41 | €22,050 | €4,192 | -€17,858 | -81.0% |
| Trade receivables | 40 | €22,050 | - | -€22,050 | |
| Other amounts receivable | 41 | - | €4,192 | +€4,192 | |
| Current investments | 50/53 | €301,203 | €106,798 | -€194,405 | -64.5% |
| Cash at bank and in hand | 54/58 | €115,201 | €146,961 | +€31,760 | +27.6% |
| Deferred charges and accrued income | 490/1 | €2,997 | €6,912 | +€3,915 | +131% |
| Total equity and liabilities | 10/49 | €1,260,026 | €1,087,562 | -€172,464 | -13.7% |
| Equity | 10/15 | €1,003,004 | €1,053,651 | +€50,647 | +5.0% |
| Reserves | 13 | €1,003,004 | €1,053,651 | +€50,647 | +5.0% |
| Distributable reserves | 133 | €1,003,004 | €1,053,651 | +€50,647 | +5.0% |
| Amounts payable | 17/49 | €257,022 | €33,911 | -€223,111 | -86.8% |
| Amounts payable after more than one year | 17 | €189,916 | - | -€189,916 | |
| Financial debts | 170/4 | €189,916 | - | -€189,916 | |
| Amounts payable within one year | 42/48 | €67,106 | €33,911 | -€33,195 | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €35,723 | - | -€35,723 | |
| Trade debts | 44 | €1,916 | €479 | -€1,437 | -75.0% |
| Suppliers | 440/4 | €1,916 | €479 | -€1,437 | -75.0% |
| Taxes, remuneration and social security | 45 | €25,707 | €33,432 | +€7,725 | +30.0% |
| Taxes | 450/3 | €25,707 | €33,432 | +€7,725 | +30.0% |
| Other amounts payable | 47/48 | €3,759 | - | -€3,759 | |
| Non-recurring operating income | 76A | €2,150 | - | -€2,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,554 | €80,435 | -€1,119 | -1.4% |
| Other operating charges | 640/8 | €10,135 | €10,191 | +€56 | +0.6% |
| Gross operating margin | 9900 | €393,365 | €356,891 | -€36,474 | -9.3% |
| Operating profit (loss) | 9901 | €301,676 | €266,264 | -€35,412 | -11.7% |
| Financial income | 75/76B | €8,607 | €16,501 | +€7,894 | +91.7% |
| Recurring financial income | 75 | €8,607 | €16,501 | +€7,894 | +91.7% |
| Financial charges | 65/66B | €6,218 | €5,414 | -€805 | -12.9% |
| Recurring financial charges | 65 | €6,218 | €5,414 | -€805 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €304,065 | €277,351 | -€26,714 | -8.8% |
| Income taxes | 67/77 | €93,251 | €85,651 | -€7,600 | -8.2% |
| Profit (loss) for the period | 9904 | €210,814 | €191,701 | -€19,114 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €210,814 | €191,701 | -€19,114 | -9.1% |
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 22 October 2026 via checked.be.