JUDITH LESSIRE: what changed
Two fiscal 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
JUDITH LESSIRE
NACE 86.230, Dental practice
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€100,270
2024 · €75,370+€24,900
Equity
€366,258
2024 · €277,988+€88,270
Cash
€8,710
2024 · €11,796-€3,086
Balance sheet total
€850,177
2024 · €823,627+€26,550
Largest movements
Assets
- Current investments +€54,701
up €54,701 (+62.4%), from €87,699 to €142,400
- Tangible fixed assets -€29,253
down €29,253 (-4.1%), from €719,283 to €690,030
of which Plant, machinery and equipment: -€16,507
Equity and liabilities
- Reserves +€88,270
up €88,270 (+32.5%), from €271,788 to €360,058
of which Distributable reserves: +€88,270
- Debts after one year -€35,880
down €35,880 (-7.9%), from €455,252 to €419,371
- Other debts -€18,620
down €18,620 (-72.5%), from €25,698 to €7,079
Income statement
- Gross operating margin +€29,037
up €29,037 (+12.0%), from €242,732 to €271,769
- Staff costs +€15,082
up €15,082 (+33.1%), from €45,525 to €60,607
- Taxes -€9,227
down €9,227 (-17.4%), from €52,999 to €43,773
- Financial charges -€5,190
down €5,190 (-79.3%), from €6,542 to €1,352
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
€75,370
Gross operating margin
+€29,037
Staff costs
-€15,082
Depreciation
-€2,497
Other operating charges
-€806
Financial income
-€167
Financial charges
+€5,190
Taxes
+€9,227
Result 2025
€100,270
Cash bridge derived
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
+€139,484
Investment
-€88,320
Financing
-€54,250
Cash 2024
€11,796
From operations (derived)
+€139,484
Net result for the year
+€100,270
Depreciation
+€62,872
Receivables within one year
-€5,897
Deferred charges and accrued income
+€1,709
Trade debts
+€1,939
Tax, wage and social debts
+€450
Other debts
-€18,620
Accrued charges and deferred income
-€3,240
Investment (derived)
-€88,320
Investment in fixed assets (net)
-€33,620
Current investments
-€54,701
Financing
-€54,250
Debts after one year
-€35,880
Current portion of long-term debt
+€552
Short-term financial debts
-€6,921
Contributions, distributions and other
-€12,000
Cash 2025
€8,710
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €823,627 | €850,177 | +€26,550 | +3.2% |
| Fixed assets | 21/28 | €719,283 | €690,030 | -€29,253 | -4.1% |
| Tangible fixed assets | 22/27 | €719,283 | €690,030 | -€29,253 | -4.1% |
| Land and buildings | 22 | €631,824 | €620,356 | -€11,468 | -1.8% |
| Plant, machinery and equipment | 23 | €74,853 | €58,346 | -€16,507 | -22.1% |
| Furniture and vehicles | 24 | €12,606 | €11,328 | -€1,278 | -10.1% |
| Current assets | 29/58 | €104,343 | €160,146 | +€55,803 | +53.5% |
| Amounts receivable within one year | 40/41 | €3,139 | €9,037 | +€5,897 | +187.9% |
| Trade receivables | 40 | €3,139 | €5,809 | +€2,670 | +85.1% |
| Other amounts receivable | 41 | - | €3,227 | +€3,227 | |
| Current investments | 50/53 | €87,699 | €142,400 | +€54,701 | +62.4% |
| Cash at bank and in hand | 54/58 | €11,796 | €8,710 | -€3,086 | -26.2% |
| Deferred charges and accrued income | 490/1 | €1,709 | €0 | -€1,709 | -100.0% |
| Total equity and liabilities | 10/49 | €823,627 | €850,177 | +€26,550 | +3.2% |
| Equity | 10/15 | €277,988 | €366,258 | +€88,270 | +31.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €271,788 | €360,058 | +€88,270 | +32.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €269,928 | €358,198 | +€88,270 | +32.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €545,638 | €483,919 | -€61,720 | -11.3% |
| Amounts payable after more than one year | 17 | €455,252 | €419,371 | -€35,880 | -7.9% |
| Financial debts | 170/4 | €455,252 | €419,371 | -€35,880 | -7.9% |
| Amounts payable within one year | 42/48 | €87,147 | €64,547 | -€22,599 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €33,765 | €34,317 | +€552 | +1.6% |
| Financial debts | 43 | €8,251 | €1,330 | -€6,921 | -83.9% |
| Credit institutions | 430/8 | €8,251 | €1,330 | -€6,921 | -83.9% |
| Trade debts | 44 | €3,271 | €5,210 | +€1,939 | +59.3% |
| Suppliers | 440/4 | €3,271 | €5,210 | +€1,939 | +59.3% |
| Taxes, remuneration and social security | 45 | €16,161 | €16,611 | +€450 | +2.8% |
| Taxes | 450/3 | €4,923 | €4,718 | -€205 | -4.2% |
| Remuneration and social security | 454/9 | €11,238 | €11,894 | +€656 | +5.8% |
| Other amounts payable | 47/48 | €25,698 | €7,079 | -€18,620 | -72.5% |
| Accrued charges and deferred income | 492/3 | €3,240 | €0 | -€3,240 | -100.0% |
| Remuneration, social security and pensions | 62 | €45,525 | €60,607 | +€15,082 | +33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,375 | €62,872 | +€2,497 | +4.1% |
| Other operating charges | 640/8 | €2,535 | €3,341 | +€806 | +31.8% |
| Gross operating margin | 9900 | €242,732 | €271,769 | +€29,037 | +12.0% |
| Operating profit (loss) | 9901 | €134,298 | €144,949 | +€10,651 | +7.9% |
| Financial income | 75/76B | €613 | €446 | -€167 | -27.3% |
| Recurring financial income | 75 | €613 | €446 | -€167 | -27.3% |
| Financial charges | 65/66B | €6,542 | €1,352 | -€5,190 | -79.3% |
| Recurring financial charges | 65 | €6,542 | €1,352 | -€5,190 | -79.3% |
| Profit (loss) for the period before taxes | 9903 | €128,369 | €144,043 | +€15,674 | +12.2% |
| Income taxes | 67/77 | €52,999 | €43,773 | -€9,227 | -17.4% |
| Profit (loss) for the period | 9904 | €75,370 | €100,270 | +€24,900 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,370 | €100,270 | +€24,900 | +33.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.