NM orthodontie: 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.
NM orthodontie
Largest movements
- Current investments +€45,240
up €45,240 (+106%), from €42,595 to €87,835
- Cash -€26,908
down €26,908 (-32.7%), from €82,260 to €55,352
mainly Current investments (-€45,240) and Investment in fixed assets (net) (-€23,658)
- Tangible fixed assets +€8,865
up €8,865 (+26.7%), from €33,164 to €42,029
of which Other tangible fixed assets: +€11,043
- Deferred charges and accrued income +€3,497
up €3,497 (+530%), from €660 to €4,157
- Receivables within one year -€3,115
down €3,115 (-24.5%), from €12,710 to €9,595
of which Trade receivables: -€9,007
- Reserves +€40,000
up €40,000 (+22.1%), from €181,200 to €221,200
- Tax, wage and social debts -€9,243
down €9,243 (-75.5%), from €12,243 to €3,000
of which Taxes: -€5,493
- Trade debts -€3,205
down €3,205 (-43.1%), from €7,442 to €4,237
- Gross operating margin -€6,935
down €6,935 (-7.2%), from €95,856 to €88,921
- Depreciation +€5,597
up €5,597 (+60.9%), from €9,196 to €14,793
- Taxes -€4,797
down €4,797 (-19.4%), from €24,776 to €19,979
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 | €211,389 | €238,968 | +€27,579 | +13.0% |
| Fixed assets | 21/28 | €33,164 | €42,029 | +€8,865 | +26.7% |
| Tangible fixed assets | 22/27 | €33,164 | €42,029 | +€8,865 | +26.7% |
| Furniture and vehicles | 24 | €14,734 | €12,556 | -€2,178 | -14.8% |
| Other tangible fixed assets | 26 | €18,430 | €29,473 | +€11,043 | +59.9% |
| Current assets | 29/58 | €178,225 | €196,939 | +€18,714 | +10.5% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,710 | €9,595 | -€3,115 | -24.5% |
| Trade receivables | 40 | €9,007 | - | -€9,007 | |
| Other amounts receivable | 41 | €3,703 | €9,595 | +€5,892 | +159% |
| Current investments | 50/53 | €42,595 | €87,835 | +€45,240 | +106% |
| Cash at bank and in hand | 54/58 | €82,260 | €55,352 | -€26,908 | -32.7% |
| Deferred charges and accrued income | 490/1 | €660 | €4,157 | +€3,497 | +530% |
| Total equity and liabilities | 10/49 | €211,389 | €238,968 | +€27,579 | +13.0% |
| Equity | 10/15 | €186,577 | €226,608 | +€40,031 | +21.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €181,200 | €221,200 | +€40,000 | +22.1% |
| Distributable reserves | 133 | €181,200 | €221,200 | +€40,000 | +22.1% |
| Profit (loss) carried forward | 14 | €377 | €408 | +€31 | +8.2% |
| Amounts payable | 17/49 | €24,812 | €12,360 | -€12,452 | -50.2% |
| Amounts payable within one year | 42/48 | €24,812 | €12,360 | -€12,452 | -50.2% |
| Current portion of amounts payable after more than one year | 42 | €5,127 | €5,123 | -€4 | -0.1% |
| Trade debts | 44 | €7,442 | €4,237 | -€3,205 | -43.1% |
| Suppliers | 440/4 | €7,442 | €4,237 | -€3,205 | -43.1% |
| Taxes, remuneration and social security | 45 | €12,243 | €3,000 | -€9,243 | -75.5% |
| Taxes | 450/3 | €8,493 | €3,000 | -€5,493 | -64.7% |
| Remuneration and social security | 454/9 | €3,750 | - | -€3,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,196 | €14,793 | +€5,597 | +60.9% |
| Other operating charges | 640/8 | €144 | €247 | +€103 | +71.5% |
| Gross operating margin | 9900 | €95,856 | €88,921 | -€6,935 | -7.2% |
| Operating profit (loss) | 9901 | €86,516 | €73,881 | -€12,635 | -14.6% |
| Financial income | 75/76B | €179 | €863 | +€684 | +382% |
| Recurring financial income | 75 | €179 | €863 | +€684 | +382% |
| Financial charges | 65/66B | €2,878 | €2,734 | -€144 | -5.0% |
| Recurring financial charges | 65 | €2,878 | €2,734 | -€144 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €83,817 | €72,010 | -€11,807 | -14.1% |
| Income taxes | 67/77 | €24,776 | €19,979 | -€4,797 | -19.4% |
| Profit (loss) for the period | 9904 | €59,041 | €52,031 | -€7,010 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,041 | €52,031 | -€7,010 | -11.9% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.