M2 DENTAL: 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.
M2 DENTAL
Largest movements
- Receivables after one year -€378,570
no longer reported in 2025 (was €378,570)
- Receivables within one year +€325,429
up €325,429 (+163%), from €199,435 to €524,864
of which Other amounts receivable: +€517,517
- Cash -€43,857
no longer reported in 2025 (was €43,857)
mainly Receivables within one year (-€325,429) and Tax, wage and social debts (-€69,692)
- Tax, wage and social debts -€69,692
down €69,692 (-99.0%), from €70,370 to €677
- Other debts -€25,238
down €25,238 (-88.3%), from €28,583 to €3,344
- Accrued charges and deferred income -€19,839
down €19,839 (-15.8%), from €125,637 to €105,798
- Trade debts +€15,930
up €15,930 (+267%), from €5,971 to €21,901
- Gross operating margin +€6,933
up €6,933 (+47.9%), from -€14,483 to -€7,550
- Write-downs +€3,266
up €3,266, from -€1,256 to €2,010
- Financial income -€3,190
down €3,190 (-17.5%), from €18,183 to €14,992
- Financial charges -€670
down €670 (-20.0%), from €3,354 to €2,684
- Taxes +€298
up €298 (+78.4%), from €380 to €677
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 | €623,373 | €526,394 | -€96,979 | -15.6% |
| Fixed assets | 21/28 | €750 | €750 | = | 0.0% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €622,623 | €525,644 | -€96,979 | -15.6% |
| Amounts receivable after more than one year | 29 | €378,570 | - | -€378,570 | |
| Other amounts receivable | 291 | €378,570 | - | -€378,570 | |
| Amounts receivable within one year | 40/41 | €199,435 | €524,864 | +€325,429 | +163% |
| Trade receivables | 40 | €196,415 | €4,327 | -€192,088 | -97.8% |
| Other amounts receivable | 41 | €3,020 | €520,537 | +€517,517 | +17,136% |
| Cash at bank and in hand | 54/58 | €43,857 | - | -€43,857 | |
| Deferred charges and accrued income | 490/1 | €761 | €780 | +€19 | +2.5% |
| Total equity and liabilities | 10/49 | €623,373 | €526,394 | -€96,979 | -15.6% |
| Equity | 10/15 | €392,812 | €394,673 | +€1,861 | +0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €386,612 | €388,473 | +€1,861 | +0.5% |
| Distributable reserves | 133 | €386,612 | €388,473 | +€1,861 | +0.5% |
| Amounts payable | 17/49 | €230,561 | €131,721 | -€98,840 | -42.9% |
| Amounts payable within one year | 42/48 | €104,924 | €25,923 | -€79,001 | -75.3% |
| Trade debts | 44 | €5,971 | €21,901 | +€15,930 | +267% |
| Suppliers | 440/4 | €5,971 | €21,901 | +€15,930 | +267% |
| Taxes, remuneration and social security | 45 | €70,370 | €677 | -€69,692 | -99.0% |
| Taxes | 450/3 | €70,370 | €677 | -€69,692 | -99.0% |
| Other amounts payable | 47/48 | €28,583 | €3,344 | -€25,238 | -88.3% |
| Accrued charges and deferred income | 492/3 | €125,637 | €105,798 | -€19,839 | -15.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,256 | €2,010 | +€3,266 | |
| Other operating charges | 640/8 | €208 | €210 | +€2 | +1.0% |
| Gross operating margin | 9900 | -€14,483 | -€7,550 | +€6,933 | +47.9% |
| Operating profit (loss) | 9901 | -€13,435 | -€9,770 | +€3,665 | +27.3% |
| Financial income | 75/76B | €18,183 | €14,992 | -€3,190 | -17.5% |
| Recurring financial income | 75 | €18,183 | €14,992 | -€3,190 | -17.5% |
| Financial charges | 65/66B | €3,354 | €2,684 | -€670 | -20.0% |
| Recurring financial charges | 65 | €3,354 | €2,684 | -€670 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €1,394 | €2,538 | +€1,145 | +82.1% |
| Income taxes | 67/77 | €380 | €677 | +€298 | +78.4% |
| Profit (loss) for the period | 9904 | €1,014 | €1,861 | +€847 | +83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,014 | €1,861 | +€847 | +83.6% |
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 20 October 2026 via checked.be.