MAHA 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.
MAHA DENTAL
Largest movements
- Tangible fixed assets +€26,340
new in 2025: €26,340
of which Furniture and vehicles: +€22,683
- Cash +€14,119
up €14,119 (+110%), from €12,831 to €26,951
mainly Net result for the year (+€26,377) and Debts after one year (+€7,625)
- Deferred charges and accrued income +€1,247
up €1,247 (+10.1%), from €12,365 to €13,612
- Profit (loss) carried forward +€26,377
up €26,377 (+147%), from €17,972 to €44,350
- Debts after one year +€7,625
new in 2025: €7,625
- Current portion of long-term debt +€7,375
new in 2025: €7,375
- Gross operating margin +€12,928
up €12,928 (+56.3%), from €22,946 to €35,873
- Depreciation +€1,335
new in 2025: €1,335
- Financial charges +€1,209
up €1,209 (+4,319%), from €28 to €1,237
- Taxes +€1,193
up €1,193 (+24.4%), from €4,895 to €6,088
- Other operating charges +€803
up €803 (+1,607%), from €50 to €853
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 | €25,696 | €67,502 | +€41,806 | +163% |
| Fixed assets | 21/28 | - | €26,340 | +€26,340 | |
| Tangible fixed assets | 22/27 | - | €26,340 | +€26,340 | |
| Plant, machinery and equipment | 23 | - | €3,657 | +€3,657 | |
| Furniture and vehicles | 24 | - | €22,683 | +€22,683 | |
| Current assets | 29/58 | €25,696 | €41,163 | +€15,467 | +60.2% |
| Amounts receivable within one year | 40/41 | €500 | - | -€500 | |
| Trade receivables | 40 | €500 | - | -€500 | |
| Current investments | 50/53 | - | €600 | +€600 | |
| Cash at bank and in hand | 54/58 | €12,831 | €26,951 | +€14,119 | +110% |
| Deferred charges and accrued income | 490/1 | €12,365 | €13,612 | +€1,247 | +10.1% |
| Total equity and liabilities | 10/49 | €25,696 | €67,502 | +€41,806 | +163% |
| Equity | 10/15 | €20,472 | €46,850 | +€26,377 | +129% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,972 | €44,350 | +€26,377 | +147% |
| Amounts payable | 17/49 | €5,224 | €20,653 | +€15,429 | +295% |
| Amounts payable after more than one year | 17 | - | €7,625 | +€7,625 | |
| Financial debts | 170/4 | - | €7,625 | +€7,625 | |
| Amounts payable within one year | 42/48 | €5,224 | €12,988 | +€7,764 | +149% |
| Current portion of amounts payable after more than one year | 42 | - | €7,375 | +€7,375 | |
| Taxes, remuneration and social security | 45 | €4,395 | €4,583 | +€187 | +4.3% |
| Taxes | 450/3 | €4,395 | €4,583 | +€187 | +4.3% |
| Other amounts payable | 47/48 | €829 | €1,030 | +€201 | +24.3% |
| Accrued charges and deferred income | 492/3 | - | €40 | +€40 | |
| Non-recurring operating income | 76A | - | €12,107 | +€12,107 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,335 | +€1,335 | |
| Other operating charges | 640/8 | €50 | €853 | +€803 | +1,607% |
| Gross operating margin | 9900 | €22,946 | €35,873 | +€12,928 | +56.3% |
| Operating profit (loss) | 9901 | €22,896 | €33,684 | +€10,789 | +47.1% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €28 | €1,237 | +€1,209 | +4,319% |
| Recurring financial charges | 65 | €28 | €1,237 | +€1,209 | +4,319% |
| Profit (loss) for the period before taxes | 9903 | €22,868 | €32,465 | +€9,598 | +42.0% |
| Income taxes | 67/77 | €4,895 | €6,088 | +€1,193 | +24.4% |
| Profit (loss) for the period | 9904 | €17,972 | €26,377 | +€8,405 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,972 | €26,377 | +€8,405 | +46.8% |
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 26 October 2026 via checked.be.