L-DENT: what changed
L-DENT
Largest movements
- Cash +€80,837
up €80,837 (+207%), from €39,033 to €119,870
mainly Net result for the year (+€66,074) and Current investments (+€30,000)
- Current investments -€30,000
down €30,000 (-75.0%), from €40,000 to €10,000
- Receivables within one year +€15,251
up €15,251 (+160%), from €9,535 to €24,786
of which Trade receivables: +€11,402
- Deferred charges and accrued income -€7,827
down €7,827 (-86.4%), from €9,059 to €1,231
- Tangible fixed assets +€7,550
up €7,550 (+207%), from €3,640 to €11,189
of which Plant, machinery and equipment: +€5,303
- Reserves +€66,074
up €66,074 (+69.7%), from €94,745 to €160,819
- Gross operating margin -€39,040
down €39,040 (-31.3%), from €124,670 to €85,630
- Taxes -€7,933
down €7,933 (-30.5%), from €26,035 to €18,102
- Depreciation -€2,284
down €2,284 (-59.1%), from €3,868 to €1,583
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,266 | €167,076 | +€65,811 | +65.0% |
| Fixed assets | 21/28 | €3,640 | €11,189 | +€7,550 | +207% |
| Tangible fixed assets | 22/27 | €3,640 | €11,189 | +€7,550 | +207% |
| Plant, machinery and equipment | 23 | - | €5,303 | +€5,303 | |
| Furniture and vehicles | 24 | €3,640 | €5,886 | +€2,247 | +61.7% |
| Current assets | 29/58 | €97,626 | €155,887 | +€58,261 | +59.7% |
| Amounts receivable within one year | 40/41 | €9,535 | €24,786 | +€15,251 | +160% |
| Trade receivables | 40 | €9,230 | €20,632 | +€11,402 | +124% |
| Other amounts receivable | 41 | €304 | €4,154 | +€3,849 | +1,265% |
| Current investments | 50/53 | €40,000 | €10,000 | -€30,000 | -75.0% |
| Cash at bank and in hand | 54/58 | €39,033 | €119,870 | +€80,837 | +207% |
| Deferred charges and accrued income | 490/1 | €9,059 | €1,231 | -€7,827 | -86.4% |
| Total equity and liabilities | 10/49 | €101,266 | €167,076 | +€65,811 | +65.0% |
| Equity | 10/15 | €99,745 | €165,819 | +€66,074 | +66.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €94,745 | €160,819 | +€66,074 | +69.7% |
| Distributable reserves | 133 | €94,745 | €160,819 | +€66,074 | +69.7% |
| Amounts payable | 17/49 | €1,520 | €1,257 | -€264 | -17.3% |
| Amounts payable within one year | 42/48 | €1,520 | €1,257 | -€264 | -17.3% |
| Trade debts | 44 | €1,520 | €18 | -€1,502 | -98.8% |
| Suppliers | 440/4 | €1,520 | €18 | -€1,502 | -98.8% |
| Other amounts payable | 47/48 | - | €1,239 | +€1,239 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,868 | €1,583 | -€2,284 | -59.1% |
| Other operating charges | 640/8 | - | €267 | +€267 | |
| Gross operating margin | 9900 | €124,670 | €85,630 | -€39,040 | -31.3% |
| Operating profit (loss) | 9901 | €120,802 | €83,780 | -€37,022 | -30.6% |
| Financial income | 75/76B | €276 | €706 | +€430 | +156% |
| Recurring financial income | 75 | €276 | €706 | +€430 | +156% |
| Financial charges | 65/66B | €298 | €310 | +€12 | +4.0% |
| Recurring financial charges | 65 | €298 | €310 | +€12 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €120,781 | €84,176 | -€36,604 | -30.3% |
| Income taxes | 67/77 | €26,035 | €18,102 | -€7,933 | -30.5% |
| Profit (loss) for the period | 9904 | €94,745 | €66,074 | -€28,671 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €94,745 | €66,074 | -€28,671 | -30.3% |
Next steps
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 4 November 2026 via checked.be.