MD 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.
MD DENTAL
Largest movements
- Cash +€129,037
up €129,037 (+86.9%), from €148,529 to €277,566
mainly Net result for the year (+€134,718) and Depreciation (+€36,155)
- Tangible fixed assets -€23,832
down €23,832 (-23.8%), from €100,317 to €76,485
of which Plant, machinery and equipment: -€18,465
- Deferred charges and accrued income -€7,621
down €7,621 (-50.0%), from €15,236 to €7,615
- Receivables within one year +€6,422
up €6,422 (+17.0%), from €37,859 to €44,281
of which Other amounts receivable: +€4,245
- Reserves +€108,541
up €108,541 (+42.5%), from €255,548 to €364,089
of which Tax-exempt reserves: +€63,803
- Trade debts -€6,219
down €6,219 (-58.8%), from €10,573 to €4,354
- Gross operating margin +€49,232
up €49,232 (+23.6%), from €208,888 to €258,120
- Financial income -€20,598
no longer reported in 2025 (was €20,598)
of which Non-recurring financial income: -€20,598
- Staff costs -€6,890
down €6,890 (-17.0%), from €40,474 to €33,584
- Taxes +€5,643
up €5,643 (+12.8%), from €44,213 to €49,857
- Depreciation +€4,997
up €4,997 (+16.0%), from €31,158 to €36,155
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 | €304,129 | €408,135 | +€104,006 | +34.2% |
| Fixed assets | 21/28 | €100,317 | €76,485 | -€23,832 | -23.8% |
| Tangible fixed assets | 22/27 | €100,317 | €76,485 | -€23,832 | -23.8% |
| Land and buildings | 22 | €34,337 | €28,668 | -€5,669 | -16.5% |
| Plant, machinery and equipment | 23 | €63,148 | €44,684 | -€18,465 | -29.2% |
| Furniture and vehicles | 24 | €2,832 | €3,134 | +€302 | +10.7% |
| Current assets | 29/58 | €203,812 | €331,649 | +€127,838 | +62.7% |
| Stocks and contracts in progress | 3 | €2,188 | €2,188 | = | 0.0% |
| Stocks | 30/36 | €2,188 | €2,188 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,859 | €44,281 | +€6,422 | +17.0% |
| Trade receivables | 40 | €1,498 | €3,675 | +€2,177 | +145% |
| Other amounts receivable | 41 | €36,361 | €40,606 | +€4,245 | +11.7% |
| Cash at bank and in hand | 54/58 | €148,529 | €277,566 | +€129,037 | +86.9% |
| Deferred charges and accrued income | 490/1 | €15,236 | €7,615 | -€7,621 | -50.0% |
| Total equity and liabilities | 10/49 | €304,129 | €408,135 | +€104,006 | +34.2% |
| Equity | 10/15 | €274,148 | €382,689 | +€108,541 | +39.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €255,548 | €364,089 | +€108,541 | +42.5% |
| Tax-exempt reserves | 132 | €54,077 | €117,880 | +€63,803 | +118% |
| Distributable reserves | 133 | €201,471 | €246,209 | +€44,738 | +22.2% |
| Amounts payable | 17/49 | €29,981 | €25,445 | -€4,535 | -15.1% |
| Amounts payable within one year | 42/48 | €29,981 | €25,445 | -€4,535 | -15.1% |
| Trade debts | 44 | €10,573 | €4,354 | -€6,219 | -58.8% |
| Suppliers | 440/4 | €10,573 | €4,354 | -€6,219 | -58.8% |
| Taxes, remuneration and social security | 45 | €5,408 | €7,091 | +€1,684 | +31.1% |
| Taxes | 450/3 | €5,408 | €7,091 | +€1,684 | +31.1% |
| Other amounts payable | 47/48 | €14,000 | €14,000 | = | 0.0% |
| Non-recurring operating income | 76A | €8,595 | €12,648 | +€4,053 | +47.2% |
| Remuneration, social security and pensions | 62 | €40,474 | €33,584 | -€6,890 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,158 | €36,155 | +€4,997 | +16.0% |
| Other operating charges | 640/8 | €5,096 | €3,509 | -€1,587 | -31.1% |
| Gross operating margin | 9900 | €208,888 | €258,120 | +€49,232 | +23.6% |
| Operating profit (loss) | 9901 | €132,161 | €184,873 | +€52,712 | +39.9% |
| Financial income | 75/76B | €20,598 | - | -€20,598 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €20,598 | - | -€20,598 | |
| Financial charges | 65/66B | €393 | €299 | -€94 | -23.9% |
| Recurring financial charges | 65 | €393 | €299 | -€94 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €152,367 | €184,574 | +€32,207 | +21.1% |
| Income taxes | 67/77 | €44,213 | €49,857 | +€5,643 | +12.8% |
| Profit (loss) for the period | 9904 | €108,154 | €134,718 | +€26,564 | +24.6% |
| Transfer to tax-exempt reserves | 689 | €54,077 | €63,803 | +€9,726 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,077 | €70,915 | +€16,838 | +31.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.