MONDZORG LATEM: what changed
What changed
MONDZORG LATEM
NACE 86.230, Dental practice
filed annual accounts (NBB)
Net result for the year
€80,176
2024 · €115,471-€35,295
Equity
€692,120
2024 · €611,944+€80,176
Cash
€81,746
2024 · €31,740+€50,005
Balance sheet total
€1.2m
2024 · €1.3m-€73,505
Largest movements
Assets
- Tangible fixed assets -€116,848
down €116,848 (-10.5%), from €1.1m to €997,365
- Cash +€50,005
up €50,005 (+158%), from €31,740 to €81,746
mainly Depreciation (+€129,615) and Net result for the year (+€80,176)
Equity and liabilities
- Debts after one year -€98,247
down €98,247 (-46.6%), from €210,888 to €112,641
- Reserves +€80,176
up €80,176 (+13.5%), from €591,944 to €672,120
- Other debts -€39,887
down €39,887 (-13.0%), from €307,513 to €267,626
Income statement
- Gross operating margin -€74,563
down €74,563 (-17.5%), from €426,343 to €351,780
- Taxes -€13,956
down €13,956 (-25.5%), from €54,749 to €40,793
- Financial charges -€11,419
down €11,419 (-27.0%), from €42,284 to €30,865
- Depreciation -€7,410
down €7,410 (-5.4%), from €137,026 to €129,615
- Other operating charges -€4,347
down €4,347 (-45.2%), from €9,607 to €5,260
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.
Result 2024
€115,471
Gross operating margin
-€74,563
Staff costs
-€60
Depreciation
+€7,410
Other operating charges
+€4,347
Financial income
+€2,196
Financial charges
+€11,419
Taxes
+€13,956
Result 2025
€80,176
raises the resultlowers the result
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.
From operations
+€169,670
Investment
-€16,714
Financing
-€102,951
Cash 2024
€31,740
From operations (derived)
+€169,670
Net result for the year
+€80,176
Depreciation
+€129,615
Receivables within one year
-€2,055
Deferred charges and accrued income
+€12,664
Trade debts
-€4,739
Tax, wage and social debts
-€3,264
Advances received
-€4,865
Other debts
-€39,887
Accrued charges and deferred income
+€2,024
Investment (derived)
-€16,714
Investment in fixed assets (net)
-€12,767
Current investments
-€3,946
Financing
-€102,951
Debts after one year
-€98,247
Current portion of long-term debt
-€4,704
Cash 2025
€81,746
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,275,069 | €1,201,564 | -€73,505 | -5.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,114,213 | €997,365 | -€116,848 | -10.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,114,213 | €997,365 | -€116,848 | -10.5% |
| Land and buildings | 22 | €639,008 | €613,695 | -€25,313 | -4.0% |
| Plant, machinery and equipment | 23 | €62,169 | €38,177 | -€23,993 | -38.6% |
| Furniture and vehicles | 24 | €53,120 | €32,278 | -€20,842 | -39.2% |
| Other tangible fixed assets | 26 | €359,916 | €313,215 | -€46,701 | -13.0% |
| Current assets | 29/58 | €160,857 | €204,199 | +€43,343 | +26.9% |
| Stocks and contracts in progress | 3 | €16,175 | €16,175 | = | 0.0% |
| Stocks | 30/36 | €16,175 | €16,175 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,100 | €12,155 | +€2,055 | +20.3% |
| Trade receivables | 40 | €10,100 | €2,664 | -€7,436 | -73.6% |
| Other amounts receivable | 41 | - | €9,491 | +€9,491 | |
| Current investments | 50/53 | €74,030 | €77,977 | +€3,946 | +5.3% |
| Cash at bank and in hand | 54/58 | €31,740 | €81,746 | +€50,005 | +158% |
| Deferred charges and accrued income | 490/1 | €28,811 | €16,147 | -€12,664 | -44.0% |
| Total equity and liabilities | 10/49 | €1,275,069 | €1,201,564 | -€73,505 | -5.8% |
| Equity | 10/15 | €611,944 | €692,120 | +€80,176 | +13.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €591,944 | €672,120 | +€80,176 | +13.5% |
| Distributable reserves | 133 | €591,944 | €672,120 | +€80,176 | +13.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €663,125 | €509,444 | -€153,681 | -23.2% |
| Amounts payable after more than one year | 17 | €210,888 | €112,641 | -€98,247 | -46.6% |
| Financial debts | 170/4 | €210,888 | €112,641 | -€98,247 | -46.6% |
| Amounts payable within one year | 42/48 | €452,237 | €394,779 | -€57,458 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €102,951 | €98,247 | -€4,704 | -4.6% |
| Trade debts | 44 | €21,825 | €17,086 | -€4,739 | -21.7% |
| Suppliers | 440/4 | €21,825 | €17,086 | -€4,739 | -21.7% |
| Advances received on contracts in progress | 46 | €4,865 | - | -€4,865 | |
| Taxes, remuneration and social security | 45 | €15,084 | €11,820 | -€3,264 | -21.6% |
| Taxes | 450/3 | €4,749 | €4,749 | = | 0.0% |
| Remuneration and social security | 454/9 | €10,335 | €7,071 | -€3,264 | -31.6% |
| Other amounts payable | 47/48 | €307,513 | €267,626 | -€39,887 | -13.0% |
| Accrued charges and deferred income | 492/3 | - | €2,024 | +€2,024 | |
| Remuneration, social security and pensions | 62 | €67,461 | €67,520 | +€60 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,026 | €129,615 | -€7,410 | -5.4% |
| Other operating charges | 640/8 | €9,607 | €5,260 | -€4,347 | -45.2% |
| Gross operating margin | 9900 | €426,343 | €351,780 | -€74,563 | -17.5% |
| Operating profit (loss) | 9901 | €212,250 | €149,384 | -€62,866 | -29.6% |
| Financial income | 75/76B | €254 | €2,450 | +€2,196 | +865% |
| Recurring financial income | 75 | €254 | €2,450 | +€2,196 | +865% |
| Financial charges | 65/66B | €42,284 | €30,865 | -€11,419 | -27.0% |
| Recurring financial charges | 65 | €42,284 | €30,865 | -€11,419 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €170,220 | €120,969 | -€49,251 | -28.9% |
| Income taxes | 67/77 | €54,749 | €40,793 | -€13,956 | -25.5% |
| Profit (loss) for the period | 9904 | €115,471 | €80,176 | -€35,295 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €115,471 | €80,176 | -€35,295 | -30.6% |
Next steps
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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 8 November 2026 via checked.be.