MFH Dental: what changed
MFH Dental
Largest movements
- Cash +€24,362
up €24,362 (+60.1%), from €40,530 to €64,892
mainly Net result for the year (+€35,772) and Depreciation (+€14,443)
- Tangible fixed assets -€8,509
down €8,509 (-20.2%), from €42,146 to €33,637
of which Furniture and vehicles: -€7,719
- Receivables within one year -€6,340
down €6,340 (-56.6%), from €11,202 to €4,862
of which Other amounts receivable: -€6,904
- Intangible fixed assets -€4,500
down €4,500 (-16.0%), from €28,122 to €23,622
- Other debts +€11,132
up €11,132 (+40.8%), from €27,294 to €38,426
- Current portion of long-term debt -€3,686
down €3,686 (-54.7%), from €6,735 to €3,049
- Debts after one year -€3,049
down €3,049 (-37.4%), from €8,157 to €5,108
- Gross operating margin +€14,659
up €14,659 (+29.6%), from €49,541 to €64,199
- Depreciation +€4,526
up €4,526 (+45.6%), from €9,917 to €14,443
- Taxes +€2,670
up €2,670 (+29.6%), from €9,016 to €11,686
- Financial charges -€761
down €761 (-56.6%), from €1,346 to €585
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,615 | €143,952 | +€6,337 | +4.6% |
| Fixed assets | 21/28 | €70,312 | €57,303 | -€13,009 | -18.5% |
| Intangible fixed assets | 21 | €28,122 | €23,622 | -€4,500 | -16.0% |
| Tangible fixed assets | 22/27 | €42,146 | €33,637 | -€8,509 | -20.2% |
| Plant, machinery and equipment | 23 | €1,695 | €905 | -€790 | -46.6% |
| Furniture and vehicles | 24 | €40,451 | €32,732 | -€7,719 | -19.1% |
| Financial fixed assets | 28 | €44 | €44 | = | 0.0% |
| Current assets | 29/58 | €67,303 | €86,650 | +€19,346 | +28.7% |
| Amounts receivable within one year | 40/41 | €11,202 | €4,862 | -€6,340 | -56.6% |
| Trade receivables | 40 | - | €564 | +€564 | |
| Other amounts receivable | 41 | €11,202 | €4,298 | -€6,904 | -61.6% |
| Cash at bank and in hand | 54/58 | €40,530 | €64,892 | +€24,362 | +60.1% |
| Deferred charges and accrued income | 490/1 | €15,572 | €16,896 | +€1,324 | +8.5% |
| Total equity and liabilities | 10/49 | €137,615 | €143,952 | +€6,337 | +4.6% |
| Equity | 10/15 | €89,819 | €90,591 | +€772 | +0.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €84,819 | €85,591 | +€772 | +0.9% |
| Distributable reserves | 133 | €84,819 | €85,591 | +€772 | +0.9% |
| Amounts payable | 17/49 | €47,797 | €53,362 | +€5,565 | +11.6% |
| Amounts payable after more than one year | 17 | €8,157 | €5,108 | -€3,049 | -37.4% |
| Financial debts | 170/4 | €8,157 | €5,108 | -€3,049 | -37.4% |
| Amounts payable within one year | 42/48 | €39,640 | €48,254 | +€8,614 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €6,735 | €3,049 | -€3,686 | -54.7% |
| Trade debts | 44 | €2,310 | €3,500 | +€1,190 | +51.5% |
| Suppliers | 440/4 | €2,310 | €3,500 | +€1,190 | +51.5% |
| Taxes, remuneration and social security | 45 | €3,300 | €3,278 | -€22 | -0.7% |
| Taxes | 450/3 | €1,200 | €1,200 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,100 | €2,078 | -€22 | -1.0% |
| Other amounts payable | 47/48 | €27,294 | €38,426 | +€11,132 | +40.8% |
| Non-recurring operating income | 76A | €19 | - | -€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,917 | €14,443 | +€4,526 | +45.6% |
| Other operating charges | 640/8 | €1,452 | €1,714 | +€261 | +18.0% |
| Gross operating margin | 9900 | €49,541 | €64,199 | +€14,659 | +29.6% |
| Operating profit (loss) | 9901 | €38,171 | €48,043 | +€9,872 | +25.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,346 | €585 | -€761 | -56.6% |
| Recurring financial charges | 65 | €1,346 | €585 | -€761 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €36,826 | €47,458 | +€10,633 | +28.9% |
| Income taxes | 67/77 | €9,016 | €11,686 | +€2,670 | +29.6% |
| Profit (loss) for the period | 9904 | €27,810 | €35,772 | +€7,962 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,810 | €35,772 | +€7,962 | +28.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.