Jérémy Paget: what changed
What changed
Jérémy Paget
NACE 86.230, Dental practice
filed annual accounts (NBB)
Net result for the year
€63,917
2024 · €81,554-€17,637
Equity
€322,324
2024 · €259,240+€63,084
Cash
€131,926
2024 · €116,701+€15,225
Balance sheet total
€821,557
2024 · €843,291-€21,734
Largest movements
Assets
- Tangible fixed assets -€18,989
down €18,989 (-2.7%), from €696,255 to €677,266
of which Land and buildings: -€29,433
- Cash +€15,225
up €15,225 (+13.0%), from €116,701 to €131,926
mainly Net result for the year (+€63,917) and Depreciation (+€59,500)
- Receivables within one year -€14,550
no longer reported in 2025 (was €14,550)
Equity and liabilities
- Reserves +€63,900
up €63,900 (+28.3%), from €226,060 to €289,960
of which Distributable reserves: +€63,900
- Debts after one year -€45,546
down €45,546 (-10.3%), from €442,265 to €396,719
- Other debts -€31,548
down €31,548 (-42.4%), from €74,464 to €42,917
Income statement
- Depreciation +€24,882
up €24,882 (+71.9%), from €34,617 to €59,500
- Gross operating margin +€22,926
up €22,926 (+14.8%), from €154,985 to €177,912
- Staff costs +€12,739
up €12,739 (+338%), from €3,766 to €16,505
- Financial charges +€10,322
up €10,322 (+489%), from €2,113 to €12,435
- Taxes -€8,079
down €8,079 (-25.4%), from €31,810 to €23,731
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
€81,554
Gross operating margin
+€22,926
Staff costs
-€12,739
Depreciation
-€24,882
Other operating charges
-€824
Financial income
+€125
Financial charges
-€10,322
Taxes
+€8,079
Result 2025
€63,917
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
+€103,220
Investment
-€40,511
Financing
-€47,484
Cash 2024
€116,701
From operations (derived)
+€103,220
Net result for the year
+€63,917
Depreciation
+€59,500
Stocks and contracts
+€2,499
Receivables within one year
+€14,550
Deferred charges and accrued income
+€922
Trade debts
-€5,687
Tax, wage and social debts
-€933
Other debts
-€31,548
Investment (derived)
-€40,511
Investment in fixed assets (net)
-€40,511
Financing
-€47,484
Debts after one year
-€45,546
Current portion of long-term debt
-€1,105
Contributions, distributions and other
-€833
Cash 2025
€131,926
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €843,291 | €821,557 | -€21,734 | -2.6% |
| Fixed assets | 21/28 | €696,255 | €677,266 | -€18,989 | -2.7% |
| Tangible fixed assets | 22/27 | €696,255 | €677,266 | -€18,989 | -2.7% |
| Land and buildings | 22 | €650,065 | €620,632 | -€29,433 | -4.5% |
| Plant, machinery and equipment | 23 | €25,590 | €23,072 | -€2,518 | -9.8% |
| Furniture and vehicles | 24 | €14,548 | €7,138 | -€7,410 | -50.9% |
| Other tangible fixed assets | 26 | €6,052 | €26,424 | +€20,372 | +337% |
| Current assets | 29/58 | €147,037 | €144,291 | -€2,745 | -1.9% |
| Stocks and contracts in progress | 3 | €12,000 | €9,501 | -€2,499 | -20.8% |
| Stocks | 30/36 | €12,000 | €9,501 | -€2,499 | -20.8% |
| Amounts receivable within one year | 40/41 | €14,550 | - | -€14,550 | |
| Other amounts receivable | 41 | €14,550 | - | -€14,550 | |
| Cash at bank and in hand | 54/58 | €116,701 | €131,926 | +€15,225 | +13.0% |
| Deferred charges and accrued income | 490/1 | €3,786 | €2,864 | -€922 | -24.4% |
| Total equity and liabilities | 10/49 | €843,291 | €821,557 | -€21,734 | -2.6% |
| Equity | 10/15 | €259,240 | €322,324 | +€63,084 | +24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €226,060 | €289,960 | +€63,900 | +28.3% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €211,060 | €274,960 | +€63,900 | +30.3% |
| Profit (loss) carried forward | 14 | €14,580 | €13,764 | -€816 | -5.6% |
| Amounts payable | 17/49 | €584,051 | €499,233 | -€84,818 | -14.5% |
| Amounts payable after more than one year | 17 | €442,265 | €396,719 | -€45,546 | -10.3% |
| Financial debts | 170/4 | €442,265 | €396,719 | -€45,546 | -10.3% |
| Amounts payable within one year | 42/48 | €141,787 | €102,515 | -€39,272 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €46,651 | €45,546 | -€1,105 | -2.4% |
| Trade debts | 44 | €12,267 | €6,581 | -€5,687 | -46.4% |
| Suppliers | 440/4 | €12,267 | €6,581 | -€5,687 | -46.4% |
| Taxes, remuneration and social security | 45 | €8,404 | €7,471 | -€933 | -11.1% |
| Taxes | 450/3 | €8,404 | €7,471 | -€933 | -11.1% |
| Other amounts payable | 47/48 | €74,464 | €42,917 | -€31,548 | -42.4% |
| Remuneration, social security and pensions | 62 | €3,766 | €16,505 | +€12,739 | +338% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,617 | €59,500 | +€24,882 | +71.9% |
| Other operating charges | 640/8 | €1,867 | €2,691 | +€824 | +44.2% |
| Gross operating margin | 9900 | €154,985 | €177,912 | +€22,926 | +14.8% |
| Operating profit (loss) | 9901 | €114,735 | €99,216 | -€15,519 | -13.5% |
| Financial income | 75/76B | €742 | €866 | +€125 | +16.8% |
| Recurring financial income | 75 | €742 | €866 | +€125 | +16.8% |
| Financial charges | 65/66B | €2,113 | €12,435 | +€10,322 | +489% |
| Recurring financial charges | 65 | €2,113 | €12,435 | +€10,322 | +489% |
| Profit (loss) for the period before taxes | 9903 | €113,364 | €87,647 | -€25,717 | -22.7% |
| Income taxes | 67/77 | €31,810 | €23,731 | -€8,079 | -25.4% |
| Profit (loss) for the period | 9904 | €81,554 | €63,917 | -€17,637 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €81,554 | €63,917 | -€17,637 | -21.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 6 November 2026 via checked.be.