ManageLine: 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.
What changed
ManageLine
NACE 86.230, Dental practice
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€391,597
2024 · €329,032+€62,565
Equity
€2.0m
2024 · €1.6m+€391,597
Cash
€86,617
2024 · €44,354+€42,263
Balance sheet total
€7.2m
2024 · €7.7m-€492,077
Largest movements
Assets
- Tangible fixed assets -€527,730
down €527,730 (-7.0%), from €7.5m to €7.0m
of which Land and buildings: -€409,704
Equity and liabilities
- Other debts -€548,280
no longer reported in 2025 (was €548,280)
- Reserves +€391,597
up €391,597 (+24.2%), from €1.6m to €2.0m
of which Distributable reserves: +€403,990
- Debts after one year -€372,473
down €372,473 (-7.5%), from €5.0m to €4.6m
of which Financial debts: -€376,613
Income statement
- Gross operating margin +€141,461
up €141,461 (+17.0%), from €834,030 to €975,491
- Taxes +€116,742
up €116,742 (+22323.3%), from €523 to €117,265
- Depreciation -€50,342
down €50,342 (-14.2%), from €355,747 to €305,404
- Other operating charges +€14,707
up €14,707 (+82.4%), from €17,844 to €32,552
- Financial charges -€11,972
down €11,972 (-8.3%), from €144,778 to €132,807
of which Financial charges: -€12,152
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
€329,032
Gross operating margin
+€141,461
Depreciation
+€50,342
Other operating charges
-€14,707
Other operating items
+€1,050
Financial income
-€10,810
Financial charges
+€11,972
Taxes
-€116,742
Result 2025
€391,597
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
+€177,787
Investment
+€222,964
Financing
-€358,489
Cash 2024
€44,354
From operations (derived)
+€177,787
Net result for the year
+€391,597
Depreciation
+€305,404
Receivables within one year
+€52,936
Deferred charges and accrued income
-€46,965
Provisions
-€4,131
Trade debts
-€22,636
Tax, wage and social debts
+€52,395
Other debts
-€548,280
Accrued charges and deferred income
-€2,533
Investment (derived)
+€222,964
Investment in fixed assets (net)
+€222,964
Financing
-€358,489
Debts after one year
-€372,473
Current portion of long-term debt
+€13,984
Cash 2025
€86,617
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,659,097 | €7,167,020 | -€492,077 | -6.4% |
| Fixed assets | 21/28 | €7,523,790 | €6,995,422 | -€528,368 | -7.0% |
| Intangible fixed assets | 21 | €1,728 | €1,090 | -€639 | -36.9% |
| Tangible fixed assets | 22/27 | €7,522,062 | €6,994,332 | -€527,730 | -7.0% |
| Land and buildings | 22 | €6,661,885 | €6,252,181 | -€409,704 | -6.1% |
| Plant, machinery and equipment | 23 | €776,048 | €677,167 | -€98,881 | -12.7% |
| Furniture and vehicles | 24 | €84,128 | €64,984 | -€19,145 | -22.8% |
| Current assets | 29/58 | €135,307 | €171,598 | +€36,292 | +26.8% |
| Amounts receivable within one year | 40/41 | €80,734 | €27,798 | -€52,936 | -65.6% |
| Trade receivables | 40 | €62,411 | €7,476 | -€54,935 | -88.0% |
| Other amounts receivable | 41 | €18,323 | €20,322 | +€1,999 | +10.9% |
| Cash at bank and in hand | 54/58 | €44,354 | €86,617 | +€42,263 | +95.3% |
| Deferred charges and accrued income | 490/1 | €10,218 | €57,183 | +€46,965 | +459.6% |
| Total equity and liabilities | 10/49 | €7,659,097 | €7,167,020 | -€492,077 | -6.4% |
| Equity | 10/15 | €1,640,418 | €2,032,015 | +€391,597 | +23.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,620,418 | €2,012,015 | +€391,597 | +24.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €369,044 | €356,651 | -€12,393 | -3.4% |
| Distributable reserves | 133 | €1,249,375 | €1,653,364 | +€403,990 | +32.3% |
| Provisions and deferred taxes | 16 | €122,114 | €117,983 | -€4,131 | -3.4% |
| Deferred taxes | 168 | €122,114 | €117,983 | -€4,131 | -3.4% |
| Amounts payable | 17/49 | €5,896,564 | €5,017,021 | -€879,543 | -14.9% |
| Amounts payable after more than one year | 17 | €4,979,374 | €4,606,902 | -€372,473 | -7.5% |
| Financial debts | 170/4 | €4,957,374 | €4,580,762 | -€376,613 | -7.6% |
| Other amounts payable | 178/9 | €22,000 | €26,140 | +€4,140 | +18.8% |
| Amounts payable within one year | 42/48 | €869,000 | €364,463 | -€504,537 | -58.1% |
| Current portion of amounts payable after more than one year | 42 | €261,631 | €275,616 | +€13,984 | +5.3% |
| Trade debts | 44 | €46,783 | €24,147 | -€22,636 | -48.4% |
| Suppliers | 440/4 | €46,783 | €24,147 | -€22,636 | -48.4% |
| Taxes, remuneration and social security | 45 | €12,305 | €64,700 | +€52,395 | +425.8% |
| Taxes | 450/3 | €8,305 | €60,700 | +€52,395 | +630.9% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €548,280 | - | -€548,280 | |
| Accrued charges and deferred income | 492/3 | €48,190 | €45,657 | -€2,533 | -5.3% |
| Non-recurring operating income | 76A | - | €169,275 | +€169,275 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €355,747 | €305,404 | -€50,342 | -14.2% |
| Other operating charges | 640/8 | €17,844 | €32,552 | +€14,707 | +82.4% |
| Non-recurring operating charges | 66A | €1,050 | - | -€1,050 | |
| Gross operating margin | 9900 | €834,030 | €975,491 | +€141,461 | +17.0% |
| Operating profit (loss) | 9901 | €459,389 | €637,535 | +€178,146 | +38.8% |
| Financial income | 75/76B | €10,813 | €2 | -€10,810 | -100.0% |
| Recurring financial income | 75 | €10,813 | €2 | -€10,810 | -100.0% |
| Financial charges | 65/66B | €144,778 | €132,807 | -€11,972 | -8.3% |
| Recurring financial charges | 65 | €144,763 | €132,611 | -€12,152 | -8.4% |
| Non-recurring financial charges | 66B | €15 | €195 | +€180 | +1180.0% |
| Profit (loss) for the period before taxes | 9903 | €325,423 | €504,731 | +€179,307 | +55.1% |
| Transfer from deferred taxes | 780 | €4,131 | €4,131 | = | 0.0% |
| Income taxes | 67/77 | €523 | €117,265 | +€116,742 | +22323.3% |
| Profit (loss) for the period | 9904 | €329,032 | €391,597 | +€62,565 | +19.0% |
| Transfer from tax-exempt reserves | 789 | €12,393 | €12,393 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €341,425 | €403,990 | +€62,565 | +18.3% |
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 9 October 2026 via checked.be.