MDCDB Orthodontics: 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.
MDCDB Orthodontics
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€87,552
down €87,552 (-39.5%), from €221,496 to €133,944
mainly Current investments (-€150,000) and Other debts (-€71,511)
- Deferred charges and accrued income -€4,845
down €4,845 (-11.8%), from €41,040 to €36,195
- Profit (loss) carried forward +€214,761
up €214,761 (+225%), from €95,312 to €310,073
- Other debts -€71,511
down €71,511 (-84.8%), from €84,377 to €12,866
- Tax, wage and social debts -€48,609
down €48,609 (-98.6%), from €49,297 to €688
- Trade debts -€39,026
down €39,026 (-92.4%), from €42,244 to €3,218
- Gross operating margin +€66,231
up €66,231 (+30.2%), from €219,023 to €285,254
- Taxes +€16,391
up €16,391 (+33.2%), from €49,297 to €65,688
- Depreciation +€4,209
up €4,209 (+1,372%), from €307 to €4,516
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 | €274,229 | €329,845 | +€55,615 | +20.3% |
| Fixed assets | 21/28 | €11,693 | €9,706 | -€1,988 | -17.0% |
| Tangible fixed assets | 22/27 | €11,693 | €9,706 | -€1,988 | -17.0% |
| Furniture and vehicles | 24 | €11,693 | €9,706 | -€1,988 | -17.0% |
| Current assets | 29/58 | €262,536 | €320,139 | +€57,603 | +21.9% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €221,496 | €133,944 | -€87,552 | -39.5% |
| Deferred charges and accrued income | 490/1 | €41,040 | €36,195 | -€4,845 | -11.8% |
| Total equity and liabilities | 10/49 | €274,229 | €329,845 | +€55,615 | +20.3% |
| Equity | 10/15 | €98,312 | €313,073 | +€214,761 | +218% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,312 | €310,073 | +€214,761 | +225% |
| Amounts payable | 17/49 | €175,918 | €16,772 | -€159,146 | -90.5% |
| Amounts payable within one year | 42/48 | €175,918 | €16,772 | -€159,146 | -90.5% |
| Trade debts | 44 | €42,244 | €3,218 | -€39,026 | -92.4% |
| Suppliers | 440/4 | €42,244 | €3,218 | -€39,026 | -92.4% |
| Taxes, remuneration and social security | 45 | €49,297 | €688 | -€48,609 | -98.6% |
| Taxes | 450/3 | €49,297 | €688 | -€48,609 | -98.6% |
| Other amounts payable | 47/48 | €84,377 | €12,866 | -€71,511 | -84.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €307 | €4,516 | +€4,209 | +1,372% |
| Other operating charges | 640/8 | €92 | €244 | +€152 | +166% |
| Non-recurring operating charges | 66A | €2,578 | - | -€2,578 | |
| Gross operating margin | 9900 | €219,023 | €285,254 | +€66,231 | +30.2% |
| Operating profit (loss) | 9901 | €216,047 | €280,494 | +€64,447 | +29.8% |
| Financial charges | 65/66B | €10 | €45 | +€35 | +350% |
| Recurring financial charges | 65 | €10 | €45 | +€35 | +350% |
| Profit (loss) for the period before taxes | 9903 | €216,037 | €280,449 | +€64,412 | +29.8% |
| Income taxes | 67/77 | €49,297 | €65,688 | +€16,391 | +33.2% |
| Profit (loss) for the period | 9904 | €166,740 | €214,761 | +€48,021 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €166,740 | €214,761 | +€48,021 | +28.8% |
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 18 October 2026 via checked.be.