OD Services: 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.
What changed
OD Services
NACE 86.230, Dental practice
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€31,939
2024 · -€2,279-€29,660
Equity
€38.0m
2024 · €38.1m-€31,939
Cash
€171,715
2024 · €2.1m-€2.0m
Balance sheet total
€75.8m
2024 · €72.3m+€3.4m
Largest movements
Assets
- Financial fixed assets +€25.9m
up €25.9m (+60.3%), from €42.9m to €68.8m
of which Affiliated companies: +€25.9m
- Receivables within one year -€20.4m
down €20.4m (-77.8%), from €26.2m to €5.8m
of which Other amounts receivable: -€23.0m
- Cash -€2.0m
down €2.0m (-91.9%), from €2.1m to €171,715
mainly Investment in fixed assets (net) (-€26.2m) and Other debts (-€5.7m)
Equity and liabilities
- Debts after one year +€7.6m
up €7.6m (+28.7%), from €26.3m to €33.8m
- Other debts -€5.7m
down €5.7m (-99.5%), from €5.7m to €26,497
- Current portion of long-term debt +€2.0m
up €2.0m (+202.0%), from €1.0m to €3.0m
Income statement
- Turnover +€538,737
up €538,737 (+10.3%), from €5.3m to €5.8m
- Financial charges +€487,540
up €487,540 (+32.4%), from €1.5m to €2.0m
- Staff costs +€483,094
up €483,094 (+18.4%), from €2.6m to €3.1m
- Services and other goods -€173,819
down €173,819 (-7.5%), from €2.3m to €2.1m
- Other operating income +€147,126
up €147,126 (+49.4%), from €297,532 to €444,658
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.
Result 2024
-€2,279
Turnover
+€538,737
Other operating income
+€147,126
Services and other goods
+€173,819
Staff costs
-€483,094
Depreciation
-€71,338
Other operating charges
+€8,917
Other operating items
-€1,142
Financial income
+€128,927
Financial charges
-€487,540
Taxes
+€15,928
Result 2025
-€31,939
Cash bridge derived
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.
From operations
+€14.6m
Investment
-€26.2m
Financing
+€9.6m
Cash 2024
€2.1m
From operations (derived)
+€14.6m
Net result for the year
-€31,939
Depreciation
+€339,967
Receivables within one year
+€20.4m
Smaller working-capital items
+€2,715
Trade debts
-€297,296
Other debts
-€5.7m
Accrued charges and deferred income
-€75,347
Investment (derived)
-€26.2m
Investment in fixed assets (net)
-€26.2m
Financing
+€9.6m
Debts after one year
+€7.6m
Current portion of long-term debt
+€2.0m
Cash 2025
€171,715
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,323,678 | €75,771,025 | +€3.4m | +4.8% |
| Formation expenses | 20 | €66,245 | €61,053 | -€5,192 | -7.8% |
| Fixed assets | 21/28 | €43,853,501 | €69,695,678 | +€25.8m | +58.9% |
| Intangible fixed assets | 21 | €868,588 | €855,552 | -€13,036 | -1.5% |
| Tangible fixed assets | 22/27 | €83,336 | €83,333 | -€3 | 0.0% |
| Plant, machinery and equipment | 23 | €14,715 | €24,109 | +€9,394 | +63.8% |
| Furniture and vehicles | 24 | €40,400 | €41,407 | +€1,007 | +2.5% |
| Leasing and similar rights | 25 | €7,867 | €0 | -€7,867 | -100.0% |
| Other tangible fixed assets | 26 | €20,354 | €17,817 | -€2,537 | -12.5% |
| Financial fixed assets | 28 | €42,901,577 | €68,756,793 | +€25.9m | +60.3% |
| Affiliated companies | 280/1 | €42,898,377 | €68,753,593 | +€25.9m | +60.3% |
| Participating interests | 280 | €42,898,377 | €42,898,377 | = | 0.0% |
| Amounts receivable | 281 | €0 | €25,855,216 | +€25.9m | |
| Other financial fixed assets | 284/8 | €3,200 | €3,200 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €28,403,932 | €6,014,294 | -€22.4m | -78.8% |
| Amounts receivable within one year | 40/41 | €26,237,566 | €5,830,805 | -€20.4m | -77.8% |
| Trade receivables | 40 | €3,188,350 | €5,775,995 | +€2.6m | +81.2% |
| Other amounts receivable | 41 | €23,049,216 | €54,810 | -€23.0m | -99.8% |
| Cash at bank and in hand | 54/58 | €2,123,059 | €171,715 | -€2.0m | -91.9% |
| Deferred charges and accrued income | 490/1 | €43,307 | €11,774 | -€31,533 | -72.8% |
| Total equity and liabilities | 10/49 | €72,323,678 | €75,771,025 | +€3.4m | +4.8% |
| Equity | 10/15 | €38,071,226 | €38,039,287 | -€31,939 | -0.1% |
| Contributions | 10/11 | €39,681,762 | €39,681,762 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,610,536 | -€1,642,475 | -€31,939 | -2.0% |
| Amounts payable | 17/49 | €34,252,452 | €37,731,738 | +€3.5m | +10.2% |
| Amounts payable after more than one year | 17 | €26,266,832 | €33,817,574 | +€7.6m | +28.7% |
| Financial debts | 170/4 | €26,266,832 | €33,817,574 | +€7.6m | +28.7% |
| Credit institutions | 173 | €26,266,832 | €33,817,574 | +€7.6m | +28.7% |
| Amounts payable within one year | 42/48 | €7,556,865 | €3,560,756 | -€4.0m | -52.9% |
| Current portion of amounts payable after more than one year | 42 | €1,007,384 | €3,041,894 | +€2.0m | +202.0% |
| Trade debts | 44 | €382,530 | €85,234 | -€297,296 | -77.7% |
| Suppliers | 440/4 | €382,530 | €85,234 | -€297,296 | -77.7% |
| Taxes, remuneration and social security | 45 | €435,949 | €407,131 | -€28,818 | -6.6% |
| Taxes | 450/3 | €70,387 | €88,167 | +€17,780 | +25.3% |
| Remuneration and social security | 454/9 | €365,562 | €318,964 | -€46,598 | -12.7% |
| Other amounts payable | 47/48 | €5,731,002 | €26,497 | -€5.7m | -99.5% |
| Accrued charges and deferred income | 492/3 | €428,755 | €353,408 | -€75,347 | -17.6% |
| Operating income | 70/76A | €5,547,688 | €6,233,563 | +€685,875 | +12.4% |
| Turnover | 70 | €5,250,156 | €5,788,893 | +€538,737 | +10.3% |
| Other operating income | 74 | €297,532 | €444,658 | +€147,126 | +49.4% |
| Non-recurring operating income | 76A | - | €12 | +€12 | |
| Operating charges | 60/66A | €5,226,647 | €5,599,497 | +€372,850 | +7.1% |
| Services and other goods | 61 | €2,316,883 | €2,143,064 | -€173,819 | -7.5% |
| Remuneration, social security and pensions | 62 | €2,626,679 | €3,109,773 | +€483,094 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268,629 | €339,967 | +€71,338 | +26.6% |
| Other operating charges | 640/8 | €14,456 | €5,539 | -€8,917 | -61.7% |
| Non-recurring operating charges | 66A | - | €1,154 | +€1,154 | |
| Operating profit (loss) | 9901 | €321,041 | €634,066 | +€313,025 | +97.5% |
| Financial income | 75/76B | €1,199,285 | €1,328,212 | +€128,927 | +10.8% |
| Recurring financial income | 75 | €1,199,285 | €1,328,212 | +€128,927 | +10.8% |
| Income from financial fixed assets | 750 | €66,501 | - | -€66,501 | |
| Income from current assets | 751 | €1,132,530 | €1,326,270 | +€193,740 | +17.1% |
| Other financial income | 752/9 | €254 | €1,942 | +€1,688 | +664.6% |
| Financial charges | 65/66B | €1,505,949 | €1,993,489 | +€487,540 | +32.4% |
| Recurring financial charges | 65 | €1,505,949 | €1,993,489 | +€487,540 | +32.4% |
| Debt charges | 650 | €1,489,837 | €1,973,811 | +€483,974 | +32.5% |
| Other financial charges | 652/9 | €16,112 | €19,678 | +€3,566 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €14,377 | -€31,211 | -€45,588 | |
| Income taxes | 67/77 | €16,656 | €728 | -€15,928 | -95.6% |
| Taxes | 670/3 | €16,656 | €5,800 | -€10,856 | -65.2% |
| Tax adjustments and reversals of tax provisions | 77 | - | €5,072 | +€5,072 | |
| Profit (loss) for the period | 9904 | -€2,279 | -€31,939 | -€29,660 | -1301.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,279 | -€31,939 | -€29,660 | -1301.4% |
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 9 October 2026 via checked.be.